Member Info for Chislehurst

I guess it will be a hassle for some Aussie investors to take-up shares on LSE I can't see the reason myself but some just won't be bothered. Other reason for weakness has to be second delay on the BFS - just not good enough. Plus weren't they supposed to be breaking ground in Angola by January, I think that's slipped Paul's mind also.

Knowing that there is potentially a huge parcel of shares to be sold from 8th March is surely going to thwart any meaningful share price rise in the short term?

The reason why the share prise rose so quickly a couple of weeks ago was off the back of orchestrated ramps on Twitter (and the boards) based solely on the fact that copper prices have risen sharply and that the Company must be making millions....
That is all well and good unless you know at what price the Company is currently producing copper. RMM is undoubtedly a recovery play but recent investments were made off the back of hot air and little substance. At least now, the Company has provided a production update and it appears they are slowly turning the corner (under new stewardship). Unfortunately, they didn't provide the other side of the equation - how much is it currently costing to mine? It's a pretty simple ask surely. Hopefully, the C1 costs will reduce during 2021 and copper prices remain high. Then the share price will rise off the back of substance and not hot air.

https://agmetalminer.com/2021/01/26/u-k-developing-an-integrated-rare-earths-to-turbine-supply-chain/

It's all coming together very nicely. This new Pensana plant is effectively a rubber stamp job, all the infrastructure is in place and it is comparatively cheap to develop. Well done Paul - now get that BFS out tomorrow!!!

PRD is the most obvious buy and it has been for a while. Just need to keep the volume going.

Hi Nicodemus, Rare earths have done very well indeed - the PRE BFS is due within the next week or so and I expect huge uplift. I will then take some off the table and invest more here whilst the price is below 4p.

Well done Wacky - wasn't going mad after all....

Wind turbines are related to PRE (rare earths) but not PRD. I'm invested in both, perhaps I posted on the wrong thread.
T&T - has achieved proof of concept, many interested parties (not sure how many rigs or sequestration kits we have but most importantly it works).
Morocco - as soon as we get close to spud it will be the catalyst for shareprice movement (in a meaningful way).
Ireland LNG - who knows with politics, but it intrigues me. If Paul pulls it off then they sky's the limit. Market Capital would multiply overnight.

No worries mate ;-)

Etf2, that's a bit harsh, the Aussies certainly do get it and have been getting it for a long time now. They could easily say the Brits have been slow on the uptake. You only have to look at the HotCopper forum for PM8 to appreciate the depth of knowledge and understanding they have for rare earths down under.

RMM is producing Copper yes. Revenue yes. Profit no.
Current plant design capacity of 1,350 tpd to be increased progressively to 2000tpd by 2022.
Current production 700tpd (down from 1300tpd) been restricted by Covid and workover.
Awaiting latest figures. Board not great on correspondence or buying shares (with their own money).
Could be a great opportunity with Copper prices rising but waiting for a Company update on production before buying any more.

https://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/011421-new-blow-for-irish-lng-as-plans-shelved-for-floating-terminal-at-cork

In addition to the Cork FSRU project, there are currently two other proposed LNG import projects in Ireland.

"The planned 5 Bcm/year Shannon LNG terminal also suffered a major setback in November when the High Court in Ireland ruled to quash all development consents for the project.

The final project under development is UK-listed Predator Oil & Gas' plans for an FSRU, which the company has said would "not use shale gas as an LNG feedstock."

A similar link, but this article actually identifies Predator as being the last LNG supplier in the frame (after the Shannaon High Court ruling). Keep an eye on this, we could be getting close!!!

https://www.irishexaminer.com/news/munster/arid-40207001.html

Today's NdPr Oxide Price
USD66,867.89
+851.33 (+1.29%)
Pensana - please break ground soon!!!! there's a lot of money to be made.

Slightly different this time as we have drifted up to 4p on no news. Usually it takes a Paul Griffiths interview or a decent RNS.

PRE will have there REE oxide processing site open by then in Saltend (Humber) to feed the battery maker (in Sunderland) and ultimately EV's and wind turbine manufacturers. They will be the number one REE company in the UK, so massively undervalued. Rainbow will do fine, their pile of phosphate tailings are already worth a load more than when they bought them. Just need to upgrade processing and maybe look to do it inhouse instead of shipping to China.

he must have so much confidence in the Company...

To be fair to Zak Mir he did suggest (earlier this week) RBW would break 14p. I'm not a fan of charting but he has been spot on with RBW and PRE recently. Maybe it's easier to forecast in a solid bull market.

"Mr Eason Chen holds 65,000 ordinary shares in the Company". Says it all really.......

How much are we producing? Last I heard it was 750 down from 1250mtpd. Appreciate they are trying to ramp it up to 2000mtpd but it's been slow progress. Would like to see a CEO interview soon, haven't seen anything since 2018... perhaps when they've got some good news he'll turn up.