Member Info for SmartPunter

Everest
How long before Russia surrenders?
When it happens there will be peace.
Not before.

Now comes the negotiation with the US government, who funded a mine in Australia recently.

>> I believe the Pensana UK plant will be ready to process in late 2023,
Don't be ridiculous, they have no funding and never will do. They are not even at the PEA stage.
Their plan is to produce oxides, just like RBW but they for have to build a mine for feed stock.
RBW is completely bypassing mining, its a chemical processing plant and their output goes to down stream to magnet manufacturers not up-stream to miners

The oxides can be taken by magnet makers, LCM is the only one in the UK. There are possibilities in the US, Japan and EU but magnet technology is specialised and patent protected.

>>Hitachi Metals/Japan
Aren't they developing a mine in Namibia?

“It’s not often that we say that the majors should sit up and take notice of a process technology,” continued the broker.

“But then, it’s not so often that we get to see the demonstration of a new ‘breakthrough’ technology. Reunion Mining demonstrated the power of hydrometallurgical processing at the Skorpion zinc project in Namibia which was later bought and successfully developed by Anglo American. Rainbow’s technical director was also responsible for the Skorpion project process breakthrough at MDM Ferroman, the forerunner of MDM Engineering (AIM:MDM).”

But, added SP Angel, this new process is “calculably more valuable and strategically important”

The pilot plant for the direct from acid process should be up soon.

Yes, cheapest Western producer and with the best ESG case by a wide mile.

>>If there is dip could the cinemas be a more affordable alternative to say eating out?
Err... no. Its not cheap and you still need to eat.

>>In other words if we get none of the cake we’ll end of with nothing but if we get at least some of the cake then 2p SHOULD be around the minimum - assuming of course cinema in general has a profitable future.
Totally agree, 2p is about 4bn valuation. Of course the company would also likely be debt free, so it should exceed its previous valuation.
Current price is about the maximum anyone should consider, given the possibility of a sharehder wipe out (unjustified in my opinion)

He's in the Webinar on the 4th October, presumably to talk about the PEA.

Rainbow Rare Earths (AIM:RBW). George Bennett, CEO at #RBW will join us live from Johannesburg to update on progress with the extraction of Rare Earths from the gypsum stack tailings at Phalaborwa, South Africa.

https://us02web.zoom.us/webinar/register/5016643595393/WN_RNi7eUm2SHSgYwXQ5F332g

We don't have a cut of the Hard rock lithium, only the Brine.

Indication that the PEA is going to move the project along to the point of building the first plant.

https://www2.asx.com.au/markets/company/a11

It looks like the A11 closing price is what being reported by the LSE, 35p

Are we even seeing the SP for Atlantic Lithium?
What a ****up

Astounding economics.
$125m capex is low, funding this will be easy.

Averaged down, there may not even be a placing ffs.

Lets publish an RNS mid day without any real details so we can cut the SP 67%.

Brilliant.

Bad news for Tesla, Germany has plenty of other manufacturers.