Member Info for SmartPunter

Excellent for our zero carbon wind power and low energy consumption.

I'm invest in COBR and HREE.

Both early stage, although HREE is much more advanced.

If we are playing silly buggers, RBW's main shareholder is the US Government.

>>higher grades yes but possibly lower recovery rates

Recovery rates were better, over 65% already

Wrong thread, sorry

>>higher grades yes but possibly lower recovery rates

Recovery rates were better, over 65% already

Australia is very expensive for miners. COBR is a good, but this is just about to go into financing and is far closer to production.

Plus RBW is going down stream into salable metal Oxides instead of MREC which has no Western customers.

>> managers and insiders taking over a company for themselves in a buy out.

not very likely as they already own 20%?

For reference, NAV on Phalaborwa is $611m.

Estimate NAV on Uberaba is significantly higher due to 40+ year lie and higher grades.

0.6 NAV on 610 - 1220 - 1830 is MCAP £271m, £542m , £813m

So between 2 and 6 x current share price. Selling less than this is poor deal for shareholders

>> insiders can not vote on it

Whats this stupid statement? All shareholder get a vote.

47% of share are tightly held. A hostile TO is very unlikely at a low price, and the US government will have a say.

In a hundred years of trying, nobody had separated REE ftom Eudialyte

47% tightly held shareholding. Buyout would be hard fought.

MP Materials up to $14bn now

47% tightly held shareholding. Buyout would be hard fought.

MP Materials up to $14bn now

There is little choice but to use rare earths. Those analysts are naive thinking that its a trade issue. Its going to stop the productions of weapons in the US. I think he chance of China backing down is slim.

A DFS and BFS are interchangeable. If the DFS is detailed enough, its a Bankable Feasibility Study.

The DFS is bankable, there is no need to go further, George even called it BFS. And the funding is already partly agreed.

31st October. Will be interesting to see if they have any of the funding.

Another raise. Another dilution.

This one because they can't pay the debt in cash.

Diluted with the bridge loan, the MNG advance snd now this.

What makes you think Wood group, with their financial issues, will be interested in gambling on the stock market? They will sell.

>>What does $1bil nav do to the SP??

Buyout price would be 0.5 or more of NAV.

So $500m mcap, 15x current SP.

I suspect NAV is closer to $2bn

BRES, also funded by the DFC, mentioned this in a investor call just now.

Will add on $100m to our mcap