Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Https://x.com/parliament_gh/status/1800556640091160610?t=OkQU0mRKHG230GVPBxGycQ&s=19
Looks as though Parliament resumed on Tuesday for it's 3rd meeting of the session. Hopefully we'll get some good news from this meeting.
Having said that, looking on the website below, this doesn't quite align with the regular laid out parliamentary session structure:
https://www.parliament.gh/mps
Is anyone able to explain why that might be?
In what sort of time frame PD101? I'd say that at current spodumene prices that's a fair estimate for 2027 when we're in full production and demand starts to really out strip supply.
Now let's say we saw ATH spod prices again... Who knows how high SP could go 👀
Without a doubt, this one will be a dividend ticker to hold for a few years when lithium makes a real return. I'd estimate at a slightly more pessimistic stance that demand will outstrip supply (even with planned supply & future projects factored in) by late 2026 and we'll really run from there. With that in mind, I'm planning to hold until around 2027 minimum.
It seems the offtake process is progressing well:
"Non-binding indicative offers were received and reviewed during Stage 1, and we now move to Stage 2 with a number of preferred parties."
Watch this space.
Https://t.co/K5rFeW0QWN
Reading through this project development update, it's clear to see they aren't sitting around patting themselves on the backs... Good to see they've jumped right into progressing the project further!
Neil Herbert said in an interview with Vox that the board was unanimous in rejecting the offer on both occasions. The fact that Keith Muller is onboard and they're building out a significant ground team says to me that they fully intend to take it to production.
https://t.co/pTL4PdYNUW