Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Well I certainly haven’t seen a single positive comment! …..and there have been some positives you could have discussed / mentioned but choose not to. Most are negative and you only comment about RBW which strongly suggests you have an agenda. Why not post some negatives on other rare earth boards? Or are you just worried about RBW investors? It suggests to me that you have some agenda and are worried about RBW being successful because they have such low costs of production (assuming they prove the process to work).
ReeTech - Given you have made 409 negative comments about RBW over the last 13 months you have very little credibility. You have made no comments about any other company, rare earths or otherwise. What is the point? What is your agenda? Are you trying to save investors from wasting their money? Or trying to keep the SP low for some other reason? Are you shorting RBW (seems unlikely). I really struggle to understand why you continue to post such rubbish every day. It must be really boring being you!
Also great news that DFC want to be part of the debt financing package (stated in proactive interview). Should be on good terms and make it fairly easy to get the rest of the equity funding and any other debt financing required. All looking good!
Looking forward to seeing the results from the 2nd stage of the pilot plant soon. Can’t imagine these won’t be good given K-Tech just presented the technology in front of congress.
It’s crazy - just a few days ago Barder said that we had taken just over 25% of ED market in UK (see fireside chat video). When that’s rolled out across the world to the 3.1bn ED market then this is going to be huge. US, EU and UK OTC approvals already achieved and others will follow.
1.5m from just Belgium and UK for ~2 months. x6 for whole year =9m. Very pessimistic x10 for rest of world (Europe, USA etc) = 90m per year and that’s before word about the product really gets out….and before china, Middle East etc. All looks good to me.
I’m hoping we’ll get some news on the testing / pilot operation at the phosphoric acid production plant in Johannesburg soon. This project would be much lower Capex and could drive the share price higher in the short term to help with fund raise for phalabora development. Does anyone know any time lines on this?
I also got the impression from the last RNS (or maybe the webinar) that they might sell Burundi operations if / when it gets up and running again. Think George pointed out that they were a processing company rather than a mining company, which suggested this to me.
Surely a company like Pensana would would buy up the separated rare earth oxide from rbw to complete a western supply chain. I believe the Pensana UK plant will be ready to process in late 2023, but won’t have feedstock from their Angola mine until 2026. Also once they have their own feedstock from Angola they still plan to process rare earths from other suppliers.
I would be interested to know what level of processing is required from a separated rare earth oxide? I thought this was pretty much the end useable product? Any info on this would be appreciated.
If you can’t set up your own business in the uk then you must be pretty simple. It’s very easy and can all be done online in about 1 hour. All info is available in gov.uk and is very clear. They really couldn’t make it easier!
I like the bit at 14:00 where George says the company is ‘extremely undervalued’ and the ‘feasibility study (expected in a couple of months) will be the catalyst for a re-rate’.
They seem to be doing all the right things. Getting the process as efficient as possible to extract maximum separated rare earths for minimum capital and operational expenditure. Also a very green way of producing rare earths. What’s not to like!