Member Info for fulmar29

we have a bumper period of news incoming and the world is struggling for the materials we have in abundance https://www.mining.com/web/the-race-for-copper-the-metal-of-the-future/

MY VIEW JIM CONSTANTOPOULOS
Copper has become the new gold
By Jim Constantopoulos 6 hrs ago
Copper is the new “gold.” Driven by its use in clean energy technologies, copper has doubled in price in the past year, and Bank of America says it could double again by 2025. Copper has become extremely valuable — more than $10,000 a ton.

But we have a serious problem, with potentially harmful effects on everything from electric vehicle production to the deployment of renewables. There isn’t enough copper to go around, not with construction companies competing with auto manufacturers and producers of semiconductor wiring for the same limited supply.

Copper supplies can’t keep pace with fast-growing demand, largely because there are few major copper mines in development and many existing mines are nearing peak capacity. Recycling can’t meet all of the copper needed for the burgeoning demands of industrial production.

*butts

I've seen a few comments on "the offer we rejected"-for me it's just an opening offer that we have then countered (not rejected) and that's how negotiation works.It would be unnatural for investors not to be impatient,but we are now at the " business end "of the deal. AAL knew what NvS was after at the beginning of this process and unless both parties were broadly in agreement the EA would not have been given. AAL are probably kicking themselves they didn't make us "an offer we couldn't refuse" at the beginning as copper macro copper economics have surged forwards,now they know if they hesitate they will have lost it. Mark Cutifani would be kicking buts if they let it go. News is incoming.

With Mark Cutifani's (AAL CEO) stated aim to develop new and existing Copper and Nickel assets to replace and grow from the divestment of their coal assets,they must be thanking their lucky stars that they have an ex employee who has positioned a multiple Tier 1 prospect into a position where they have not had to panic and sell their assets to the first chancer to come along.Make no mistake NvS and Remy are in control and time is our friend-

Rainbow Rare Earths is a listed producer of high-grade rare earths concentrate in Burundi and South Africa.
TechMet has made an equity investment and is exploring options with Rainbow to develop downstream processing capacity to turn Rainbow’s high-grade concentrate into high-value rare earth products.Global demand for rare earths is growing significantly, driven by increased use of permanent magnets in EVs, mobile phones and renewables.

Techmet are a conduit for US gov, and may /might be involved with us,but Burundi will ultimately decide who gets their ore and it would be a big switch away from China for them.The US would have to give some pretty big incentives !

as he is no longer a director or on the "significant" list, there won't be an RNS,but the loan company involved (BVI based) have a policy (after "acquiring") of selling down shares so as not to affect the sp,allegedly. I believe they have been selling for quite a while and the sp has stood up well-I wonder why ? :-))

@Long-add-- 1 or 2 new BoD additions,Casa completion, and that's just what we know about.

NISA ? Dubs

“There’s no shale oil for copper,” he told Bloomberg Television. “Unlike the oil industry, where you have an ongoing flow of discoveries and now with a new element of shale coming in, copper mines of size are very rare to find.”https://www.miningweekly.com/article/freeports-adkerson-sees-copper-scarcity-trumping-cooling-effort-2021-05-28

Possibly trying to do what Indonesia have done with Nickel mining/processing i.e. keeping value processing/employment in country.But the DRC seems a less structured attempt

https://www.mining.com/web/global-palladium-deficit-to-widen-in-2021-nornickel/

https://www.mining.com/web/home-the-human-bottleneck-in-critical-minerals-supply-chains/

he has Industrial minerals (phosphates)company experience and in 2018 Cominco merged with Kropz,hence M&A exp

track record of success in mergers, disposals and acquisitions.

https://www.mining.com/web/biden-looks-abroad-for-electric-vehicle-metals-in-blow-to-us-miners/

https://www.mining.com/web/biden-looks-abroad-for-electric-vehicle-metals-in-blow-to-us-miners/

https://www.mining.com/web/biden-looks-abroad-for-electric-vehicle-metals-in-blow-to-us-miners/

https://www.sgs.com/-/media/global/documents/flyers-and-leaflets/sgs-min-wa368-rare-earth-ore-processing-en-11.pdf-I always like to see things in a simple flow sheet.