Member Info for Eloro

There is a no battle between Hydrogen vehicles and EV vehicles. The only difference is how the batteries in the vehicles are charged. With EV, the car is plugged into a charger which charges the car battery pack. With an hydrogen car, hydrogen is stored in a tank which is fed to a fuel cell where the hydrogen is mixed with oxygen to generate electricity which charges the car battery pack. In both EV an Hydrogen cars, the power stored in the battery pack is used to power an electric traction motor to generate torque=motion. PRE rare earth will be used in the manufacture of the magnets used in the traction motor. Win win either way for PRE. Permanent magnets are better than electro magnets for car traction motors. Hydrogen gives a longer range compared to that obtained from a single charge in an EV car. PRE has a firm foothold in the green energy future folks.

Folks, I noticed that every time PRE SP perks up, out come Camperdown asking the same question implying that the SP should be lower because there is no income. I noticed that knowledgeable folks have responded to him each time, but to no avail because he return with the same question each time we are celebrating a rise in the SP as can be seen from his posting history. Perhaps he would kindly share with us is thesis why PRE is over valued and why the major shareholders who have invested to date have overlooked this fact given their research resources?

Excellent news! Nice to see Govt sup port falling into place. The BOD wasn't resting on its laurels. SP should benefit today.

Miners are notorious for not keeping to their stated schedule. Shortly can be anywhere form 2 months upwards. The worst term they can use is imminently. That generally mean 6 months and upwards. Key thing is PRE are hiring key people which they will need going forward which is confirming that there is a plan which is being executed. Hang on in there.

Point taken Bwana. I took a punt on that other US RE company whose ER will be out this Thursday which I will flog and move the cash here. Paul inspires confidence which definitely worth a punt.

Here is a Crux interview which provides insights into the challenges of establishing a RE supply chain which also apply to PRE:
https://youtu.be/PULsVHJXf0M

Cheers Bwana. The BOD's strategy will unfold in due course. I am enjoying PRE breaking the 2 quid barrier. Now that we are above 2 quid, will you really stop buying? If yes, can you add some colour to that decision please?

It sure is a thing of beauty to behold! What got my feet dancing is the fact that 52wks highs are being decimated and the BP is still "imminent". USA exposure would blow the ceiling off this SP. Bwana think Paul is working on an ADR to get us US exposure.

Interesting article China. My concern is that whilst warning of the dangers associated with over-supply, it ignored the demand side of the equation. All of us I think are investing in the RE space because we believe that with the expected global electrification, demand will exceed supply which will boost the price of RE, and hence PRE 's SP. Furthermore, M&A activities should see the strong taking out the weak which will allow greater control to be applied to supply. So for me, the downside risk is if governments suddenly decide not to proceed with electrification. The planet will be in trouble if that happens what with global warming.

We would like to think that our Govt wouldn't allow the Chinese to buy PRE, but I am not so sure. They didn't fall in line with the US on Huawei immediately, and the need for a trade deal have made them less vocal on Hong Kong and other issues. It would be marvellous to have BP step up and keep a vital asset in the family so to speak. I think that we are currently using Chinese capital, plus their presence in Angola. They could bring pressure to bear on the Angolan Govt to get their way given the Angolan shareholding here. 1 good thing, Saltend will enable us to process other folks ore should the need arise.

Excellent RNS. These appointments represents execution of the Business Plan, so I am not worried about its publication. If we saw no action while we wait, then i'd be concerned. Excellent move to hire a COO with extensive experience in RE industry and who knows the pitfalls from lessons learnt. I am thinking that the race for RE dominance puts us at risk of being taken out. I would think that the BOD have mechanisms in place to protect us until they are ready to be courted. China will not want to lose their dominant position, hence I expect an M&A frenzy in the near future.

Cheers Topsharepicks. I have been here approx 3 months now and I haven't been disappointed.
Paul's stated goal is to become another Lynas. Just imagine the SP once that objective is achieved.

Welcome to PRE BB Topsharepicks. I am sure like me you will appreciate the atmosphere on this BB. None of the rudeness of the ARCM BB here.
I do wish that the RNS didn't use the term "imminently". Hopefully, that term will not entail a long delay before we see the BP.

This is what I have to say each time the 52 weeks high is decimated :
https://youtu.be/DYB5vLzEHvI

I'm not concerned about the publication of the business plan at this time. The appointment of Dr Beeton is a demonstration of the business plan being implemented. If there were issues, they would not have gotten a Project Engineer on board. All in all, a very positive step forward in my opinion.

I'm not concerned about the publication of the business plan at this time. The appointment of Dr Beeton is a demonstration of the business plan being implemented. If there were issues, they would not have gotten a Project Engineer on board. All in all, a very positive step forward in my opinion.

Thank you B, an ADR would be ideal vehicle for gaining fast USA visibility. Paul comes across as being on the ball, so fingers crossed he has that Base covered.

Clearly we haven't appeared on MP's radar:
https://youtu.be/-gaa4_ewjXw

With the City now playing 2nd fiddle to Amsterdam & New York, dual listing in New York would send the SP rocketing in time. Look at MP who still have to kow tow to China, their SP would do us nicely. I am all for PRE being made visible to US investors.

With BFS, £1.5 should be achievable. The BB is quiet because PRE investors are calm and confident I think. I really respect that I don't see insulting, name calling posts here like I have seen on some other LSE BBs. Very refreshing. The way our SP is moving is lovely to watch.