Member Info for Mumbles2021

Pensana have given assurances to the Planning office that the product will be Radionucleide free. I assume that they will comply with this commitment

the tree of the sulphate is works out at 45% x 72% = 32.4%.with a mixed rare earth sulphate/carbonate being priced with an average of 42.25% with $9700, becomes $7,478. however, further adjustments is required for NdPr as a percentage of TREO. we know that this is 36%. if this is higher or lower than the SMM pricing assumes, a upwards or downward escalope escalator will be applied. if the 3rd party product has a higher NdPr content then the price paid will be adjusted accordingly.

Astro999, Pensana stated that they would not only be processing light rare earths, but also Terbium and Dyprosium. So yes, they can and will process Mixed rare earth from other sources

TDav that is the same for the supply of any product. One would expect customers would carry out there own due diligence to assure themselves of the viability or otherwise

It does not say that DP it says that they expect to pay the same for 3rd party feedstock as they will pay for the MRES from Longonjo. This will be market prices, the Angolans will insist on it.

The Shanghai Metals Exchange are currently quoting $9700/mt for a mixed rare earth carbonate with 41.5-43% rare earth content. With an adjustment for rare earth content and NdPr content. The price is expected to be roughly the same

“China banned export of Carbonate and that would negate the purpose of a non Chinese supply chain.“

DP how would it do this. Pensana isnt producing a Carbonate, instead a sulphate, but essential the same thing as regards to feed stock for the separation facility. Rather than negating the purpose of a non chinese supply chain, it makes it more imperative that their is independent. Source of carbonate or equivalent outside China

DP for once you and I agree. Bit I work on hope for the best and prepare for the worst. The is an Expectation management 101 course. And this lot are failing dismally. This is down ramping its realism! And I'm already here waiting having a bit of breakfast !!

Calculating, do you know how any times, that has been said………….. not sure they are bothered about the press, more about when the markets close open and timing of official notifications ie close 1635, RNS out 0700, markets open 0800. But we’ll see. The news could be that they have Harry and Meghan doing the share price, or Baroness Andover. So lets just wait and see.

Theo, at least i know i will have brought happiness to someone some where

DP how many feeds have you actually been involved in. because I've been in a few. i have also had to work out carbon foot prints myself, once for an LPG separation plant in west Africa and another for an LPG storage facility, which unfortunately had to use standby diesel generators. Cicero were given a scope and worked within it. they produced a document as requested. The specific mentions on carbon footprint were regarding level 1 and level 2, whereas the available comparison also included level 3. i assume that the idiots guide to chemical engineering you looked app this afternoon has made you an expert over night. please explain to me why you are going totally off piste, the document does what it set out to do. nothing more nothing less. In order to do that PRE provided the data required. if a project is never going to achieve a higher level than light green due to its inherent intricacies, then what is the point of expending effort, more importantly time that needs to be saved in order to progress the project. PRE have committed to providing the data as per the following cur and paste, which is totally within the context of this discussion.

A full LCA screening is yet to be completed, and without data on scope 3 emissions from chemicals, it is not possible to conclude that the NdPr from Saltend will have a lower footprint than relevant comparable NdPr.
While NdPr is needed in the clean energy transition, it remains crucial to reduce the emissions associated with its manufacture. Pensana demonstrates a commitment to emissions reductions and has already taken actions to reduce emissions in the design of its facility. We welcome the issuer’s intentions on performing a full LCA screening in the future as well as its plans on how to further reduce emissions and encourage transparency to investors on the results of the life cycle assessment, when available.

Theo, and at close 61. Not rocketing, but a little volatile. 500 shares moves the price significantly at mom!

DP, tell me why it should be in the FEED?

DP, have you seen the feed, because I haven't. My understanding though is that it is 12 volumes in size. Although I am sure Cicero have, in its entirety. If it was there, they would have reported on it.

DP, I know you are, as I said "selective cut and paste". However, the report identifies the negatives and the positives. Then appraises then against each other. You have chosen to quote "verbatim" as you say, the negatives only. Consequently, your quotes are read out of context and do not represent the actual overall opinion the report is conveying. That overall, the project and its end product will make a positive contribution to the climate/energy transition economy.

DP, the Cicero report is a standalone independent report of the green credentials of the PRE project. It identifies the positives and the negatives of the project, and attempts an objective appraisal, against there own internally defined benchmarks. Against these, they have determined, that overall the project achieves a positive rating, against internationally recognised Criteria. Your totally unsubstantiated opinion has no bearing one way or the other

DP, why wou;d you make the statement “FEED has been produced where accurate numbers would be expected”. You have no idea, same as myself. And the way the discussions have been going im suspecting my background is far more relevant to this project than yours. It is probable that the data is not available for this project, considering there ar only two other plants outside China. You omit to say that the document also advises that Pensana commits to monitoring the emissions to assess the data as an ongoing project. As I said before “cut and paste, out of context”

Theo, we’ll see. Its certainly a case that buyers aren’t buying. (I’m sure you will agree with that statement) other wise the price would have increased. Equally those that are selling (which isnt many), have a level below which they are refusing to budge. I have no other explanation. It’s hardly rocket science, willing buyer, willing seller. At moment, there is neither…..

DP what is your problem. Whatever it is, it gives a known baseline that investors and funders can reference when assessing whether they want to get involved with the project or not. That would not otherwise be available. This is a mining project, with the best will in the world it cant be as green as a solar power plant or an energy efficient building. Although the Solar Power plant on its own may be able to get the dark green certification, im very sure the provider of the PV panels will find it a lot more difficult..

Theo, I’ll admit for buyers, its very much, “A I’ll believe it when i see it situation”. So much so, that SP is as much a function of the volume made available for sale as it is for those wanting to buy. At the moment, nobody is selling. Currently the valuation by sellers compared to buyers is so far apart, nothing is happenning. At least that is my hypothesis. Come Thursday, the aspirations of sellers vs buyers will probably converge “one way or the other”

Capital raise and/or equity of some form, plus Debt/bonds to fully fund Saltend. if it happens, i get the case, if it doesn't you do. im not shipping to Aus, so i assume you have similar to Vivino/Laithwaites.