Member Info for SmartPunter

There is also the point that price action took months to occur.

Given the critical situation, there could be any sort of surprise announcement at any time.

It took 3 months for prices to react during the last supply shock.

Https://www.mining.com/featured-article/charts-rare-earth-export-restrictions-price-spikes-and-the-risks-of-demand-destruction/

Don't worry, we are funded and economically viable. And our share price isn't down 90% from peak.

Tony, stop trying to read something into share price movements with very low volumes.

https://www.mining.com/video/chinas-rare-earth-power-play-are-we-heading-for-another-price-shock/

Yes, it would be good if we had an update. Someone ADVFN mentioned that the next update will be the DFS at the end of year, (together with funding according to https://www.msn.com/en-us/news/world/trump-s-feud-with-south-africa-could-hinder-hunt-for-critical-minerals/ar-AA1DUdnB?ocid=BingNewsSerp )

Reality is there is no need to keep Shareholders particularly happy as funding is already, basically, sorted to DFS and then almost certainly for production.

I can tell you, as previously the largest foreign investor in the country, nobody is going to put a penny into it. There’s no rule of law. You’ll lose your money and you’ll get killed. That is what happens in Russia. It’s a toxic business environment. It’s uninvestable.”

Johnson at MIT is similarly blunt: “Any foreign investor in Russia is insane and should immediately be fired by their shareholders.”

https://www.telegraph.co.uk/business/2025/03/02/putin-cant-afford-peace-russia-economy-is-hooked-on-war/

Republican senator and Trump golf partner Lindsey Graham is going for the jugular. He may soon have a veto-proof 67 votes in the Senate for legislation that imposes 500pc punitive tariffs on any country that buys Russian energy or strategic minerals, if the Kremlin “refuses to negotiate a peace agreement, violates a peace agreement or invades Ukraine again in the future”.

There will be no peace treaty. Ukraine will never give up its land. Ceasefire and sanctions maybe.

The most significant step after signing the mineral deal is US is selling weapons to Ukraine again.

>>But the extraction of REE from phosphogypsum is 65%

Do you know the difference between recovery rate and purity?

Obviously not.

Sanction while Russia occupies Ukraine will continue, regardless of a ceasefire

To see a SP rise would require persuading Investors to hand over their money to a Russian Mafia controlled state.

Pay 40% APR on a monthly basis and it might be worth.

No. Only kidding. Nothing is worth the risk.

They have produced MREC and 97% pure NdPr oxide.

Long, long wall along from all that.

Do you understand any of your cut and paste, Mr illiterate?

Tony

That's a minor (2%) aspect of the production process .

RBW dont even mine, it's a above ground sand like material that is processed using water jets.

The cost of producing the end product is largely determined by the quality of reagents required, mostly from leaching.

Hard rock (pensana etc) processing takes 200 tons of acid to produce 1 ton of REE. 80% of that REE has no value in the case of Mixed RE carbonate that most miners produce.

Ionic clays and RBWs phosphogypsum require far less acid (6 tons acid to 1 ton REE in RBW example).

Acid costs approx $100 per ton depending on local, far less if there is adjacent acid waste production co-located.

Ionic clays can be leeched in-situ using non acid reagents. Makings it far cheaper than mining. Low concentration and low recoveries are an issue.

RBW phosphogypsum stacks are low cost like Ionic clay but with 8 times the REE content. The 30% (higher that hard rock miners 20%) NdPr content, alone is responsible for a 50% reduction in costs.

No ability to produce sellable products.

Completly ***ing useless.

Like your Pensansa "mine" . Why don't you post this over in your PRE forum?

>>Brazil and China will agree within the framework of BRICS

It's a Canadian company.

Besides only Chinese owned companies can import MREC into China

As China won't/cannot import the RE Carbonate to process further and nobody else in the West can either, its a exercise in futility.

Even so, it's 10x the level of profitable

Including CO2 that equates to $30m per year.

821 mcf at 14 % is very good.

Pressure is 10 atmospheres.

"The impact on the US defence industry will be substantial," said Mr Kroemmer.

https://www.bbc.co.uk/news/articles/c1drqeev36qo