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Very chuffed with Bennett, he answered a few of my question which we discussed on this board.
Unfortunately, they are not looking for other gypsum stacks, it's a one off due to chemical processes. But there will be other chance of offtake agreement outside of Tssenkrup once results are out.
Also we are going to 80% of MP once both mines in production!
GLA enjoy the ride
Nice find Gaia, there was a particular sentence on there that was very interesting.....
'Lynas has agreed to restrict to Radio-actinide free feedstock by 2023.'
I think we already have a new buyer! Can't wait to 6:30 tomorrow.
There is no futures market for rare earth right?
So prices simply based on current demand/supply?
Its going to get interesting, I just can't see a price crash on NDPR. Ofcourse something always inevitable happens.
GLA
The options will vest in three equal tranches: one third after 12 months, one third after 24 months and one third after 36 months subject to the following performance conditions:
· The 30 day volume weighted average share price being above 12 pence per share
· The total shareholder return in the financial years ending 30 June 2021, 2022 and 2023 being above average compared to a basket of comparable investments comprising the FTSE 350 Mining Index, the FTSE SmallCap Index, and the specific rare earth stocks: Pensana Rare Earths plc, Lynas Corporation Ltd, Mkango Resources Ltd, Hastings Technology Metals Ltd and Peak Resources Limited
Correction: BFS* not BFA
Kind of heavily invested in this company so I tend to analyse quite abit on this firm. Can anyone get a Market cap adjusted chart of RBW and overlay that against the neodymium prices? I havnt got the former but roughly know when abouts RBW did a number of placings. Its quite interesting, you will find that RBW value very very closely correlated to Nd price. What does that mean? It means I don't think the SA find is yet priced in at all. Sincerely look forward to BFA being confirmed and NDPR stays at this price level or more. We ought to bag!
Not ramping but just sharing thoughts and find, Good luck all
Up to date prices
https://www.kitco.com/strategic-metals/
China's new Maglev train prototype.
I think it uses PM along the track as well as the train itself.
https://www.google.com/amp/s/amp.scmp.com/news/china/science/article/3117620/chinese-prototype-shape-maglev-train-tech-come
Gaia, the West for all their detriment is far from stupid, that humber project in Saltend is hardly just going to process PRE's goods. They know once the materials goes into China it's not coming back out. China have their own demand, Nio, Tesla shanghai, Geely, they all will feast on their own stuff.
Once RBW produce enough, I wonder if Bennet will renegotiate a new offtake agreement at above market price with the Western world? Sometimes I have a hard on dreaming about Elon coming in and buying up RBW at 1 tsla to a 1000 shares of RBW plus cash too.
Nothing but a fancy pipe dream atm. GLA
Don't want to cause a stir but, US president has always been a 4 yearly contract to the highest bidder. Russia won the last auction. This time it's China.
It's a simple trade IMO,
Buy and accumulate when you see red days until you see rare earth all over BBC and gaurdian then be the seller.
Nicodemus, I think it's to do with brexit news.
Many things gone up alot today, GBP also up.
Volume driving this is pretty low, so it's probably just market makers playing tricks.
While I completely agree that a professional outfit should not be engaging in nonsensical discourse on public board.. It is of benefit to no body to keep dwelling on.
GB targets breakeven in Q1, this is the next milestone according to their latest update.
If they can deliver that, by March April. Then the boys in flagstaff will have real ammonition to dress up this chicken sxxt from Africa to a beauty.
Hiring a PR company to do this in anticipation is still a good move.
Being an optimist, I think it's a little premature to call out on people's incompetence before the show starts. SP follows fundamental over time. May I just gently remind some that We have already swelled more than 4x from the lows of the year and 3x from 52 week average.
So I will just suggest to sit back and enjoy some popcorn and let the company do its thing. Action, real Numbers speaks louder than words.
After all, this is why we invest in a tiddly spoon miner HOPING they will one day churn out gold.
I mean no offense on this, but I actually thought that was quite useful, so thank you flagstaff. it's good knowing someone critical analysis on the extent we need REE for all the EV coming on stream.
Those who are not invested needs no convincing. We are in a beautiful sweet spot where there is minimal attention in the soon to be critical mineral. Its only a matter of time when REE will be in your 6 oclock BBC News. In my opinion, let the fundamental play out and kick in. The longer it takes the bigger the momentum will be. Already a huge holder of RBW here, happy to load up as RNS feeds in and I look forward to seeing SP hit 5-6p again so we can load up this Megaboat.
If you don't like these flagstaff vids or these 'unconstructive' comments then don't watch them or read them.
We all need to think outside the box and Do our own research to succeed. No need to spoonfeed those who don't want to. But when that crowd wants to. The crowd will all all come in like mass migration and help make us rich.
P.s brought some Hocschild mining yesterday too for eventual Gold rise and then realised they also Brought a rare earth mine in 100% ownership for NDPR production in South America last year.
If that's correct and dogger is proposing 3.6gw
That's roughly 300 units each requiring around 6-8 tonnes
That's 1800 tonnes upto 2500tonnes of NDPR.
that's well over 10,000 tonnes of RE oxide and c. 10% global supply per year and that's not taking into account of the EV revolution.
A supply squeeze is imminent and let The North wind shall power us to 10 bagger real soon...
GLA!
According to rainbow publications.
A single 3MW wind turbine use 2 tonnes of Permenent mag.
The dogger bank uses 12mw GE heliade - x system. Does anyone have any idea if the PM content are a a factor of 4?
Guessing 6-8 tonnes of NDPR per unit...?
These gypsum stack containing REE has been studied. See journal link. It will be great if we can proof success and land more of these contracts. I wonder how many other gypsum stacks in SA. There are hundreds around the worlds
https://link.springer.com/chapter/10.1007/978-3-319-48768-7_16
Just profit taking, not deramping but it wouldn't bug me if it go back to 6p. Actually very keen to know where SP will settle at. Its healthy and I wouldn't sell a single penny yet
In my rampy dreams, in year 2021, the americans, Germans and Chinese shall have a good tussle over some land in Africa