Member Info for SmartPunter

2/3 when it went below 10p

You do realise that FUD, de/ramping don't apply to suspended shares?

>>Someone mentioned that on event of default everything passes over to the lender. This is not true.

Mates rates. Read the contract A default event has been raised (reported in the RNS). Title is now under control of the lender until 100% of all debt interest and fees are repaid. Lender has power of attorney and appointment of administrator is optional.
RMM is effectively under administration, Google what this means and how it operates in practice.

Report is available for £5116

The global neodymium market size is expected to reach USD 7.30 billion by 2030, expanding at a CAGR of 15.0% from 2022 to 2030

The market is anticipated to be driven by rising demand for neodymium magnets from wind energy and electric vehicle industries.

China is the largest producer of both rare earth and permanent magnets in the world. The country accounts for over 70% of the global permanent magnet production and 60% of the global rare earth production according to the global mining data published by the USGS. The significant factor that has led to China's dominance, especially in rare earth permanent magnet production, is the abundance of rare earth deposits in China.

In terms of value, magnets are anticipated to register the fastest CAGR during the forecast period.

Company Profiles

Arafura Resources
China Rare Earth Holdings Limited
Lynas Rare Earths Ltd.
Metall Rare Earth Limited
Mp Materials
Peak Rare Earths
Rainbow Rare Earths Limited
Texas Mineral Resources Corp.
Hefa Rare Earth
Greenland Minerals Ltd.

https://www.businesswire.com/news/home/20221228005192/en/Neodymium-Market-Analysis-Report-2022-A-Global-7.3-Billion-market-by-2030---Rising-Demand-from-Wind-Energy-and-Electric-Vehicle-EV-Industries---ResearchAndMarkets.com

https://www.protectthackerpass.org

Basically it's an anti mining, fir any purpose, organisation.
Their objections are to support this agenda, but are secondary to wanting people to live in harmony with nature.
Lovely ideal, except we are 7billion too many people living on the planet to support that fantasy.

You made a topic just for me to answer. And apparently to insult me. Shooting the messenger wouldn't change the loan default terms, I worked in commercial loans very similar to this and they are vicious in default to protect the shareholders. The lenders shareholders.

Yes I'm a ****ed off investor who was encouraged to double my investment on frankly false assurances by the former management.
You should write RMM off in your mind there is nothing else you can do.

>>! If they were going to have forced the Company`s hand

What "hand" is that? They only action they can take is pay back the loan in full.
The company has absolutely no say in any aspect of the mine or any other asset.
Unless the copper price rockets and the loan is paid back quicker shareholders are totally flecked.

Looking at the contract (pretty standard), default on the loan and everything is taken over by Newgen.
Until the loan and all interest accrued is paid in full the assets are complely under control of the lender.
Hence the suspension.

. You can check in Companies House, charges are recorded there.

https://find-and-update.company-information.service.gov.uk/company/05101822/charges

As you can Newgen have fixed, floating charges over all property of the company

They could always lie about it, like the raise to start manufacturing which they spunked up on whatever they wanted instead.

As they have violated their loan agreement the lend may well own the entire assets of the company.
In any case as you can not sell the shares they are technically worthless. As is speculation, its meaningless.

In SA that pilot plant rate would yield about 65kg ndpr per month

Ionic clays, difficult to relate to our processes but.

Pilot Plant Design Parameters
• Design throughput is 90 kg/hr. running on a continual 24/7 basis per campaign
• Two campaigns representing 2 of the 5 mining zones covering the initial payback period of the
project
• Each campaign is expected to run for 1 month
• A High Purity Mixed REE concentrate will be produced for each campaign
• Final Report is expected by end Q3 2023 for inclusion into Feasibility Study Report
Process flow sheet -
https://www.aclara-re.com/news

It's totally off topic information. If you want to ramp take it to the suckers forum.

I left PPM in 1995

No idea what you are talking about, I work in finance and many various businesses.
Never been near a mining company in my life. But has PA?
Also, never been sacked unless redundancy due to receivership counts.

>>have just outed yourself AGAIN. It was the other way around Prudential DEMERGED from M&G !
Pru and M&G and merged it's fund management arms, PPM with M&G, taking on the name. M&G then split off from Pru a three years ago.

https://citywire.com/asia/news/mandg-and-prudential-investment-arms-to-merge/a1041272/print

Well yes, but all the information was there over a year ago.
Human nature is to lie to yourself if the facts are unpalatable.

The lender will decide, they own the mine.