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Lmao, Ukraine will never sign that

Ok you are probably right.

Google again...

M&G Corporate Services Limited, part of M&G plc, outsourced its middle office services to State Street in 2021, with a number of M&G employees transferring to State Street in London under a TUPE arrangement.

Here's a more detailed breakdown:

Outsourcing Agreement:

M&G Corporate Services, a part of M&G plc, contracted State Street to provide outsourced middle office services.

TUPE Arrangement:

As part of the agreement, a number of M&G employees were to transfer to State Street in London under a TUPE (Transfer of Undertakings (Protection of Employment) Regulations) arrangement.

Effective Date:

The transfer of employees was proposed to occur by July 1, 2021.

State Street's Role:

State Street provides a range of middle office services for M&G Corporate Services Ltd.

M&G will not use State Street.

Ermmm. Google

AI Overview

+1

M&G uses M&G Platform Nominees Limited as its nominee company to hold assets in its clients' portfolios, ensuring the assets are protected from financial failure of the platform and creditors if M&G becomes insolvent.

Here's a more detailed explanation:

Nominee Company:

M&G Platform Nominees Limited is a company that holds assets in its own name, but with the client registered as the beneficial owner.

Purpose of Nominee:

The nominee's purpose is to safeguard client assets, meaning the nominee holds custody of the assets to protect them from financial failure of the platform.

Protection from Creditors:

Assets held in a nominee account are protected from creditors if M&G becomes insolvent.

Beneficial Ownership:

While the nominee holds the assets in its name, the client is the beneficial owner.

M&G Platform Terms:

The M&G Wealth Platform Terms state that the nominee holds the assets in trust for the client.

That aged well

Funding. Not loans

Toasty, I sold out at 80p, I did the maths.

I won't be coming back. I've seen how government loans work and its not for the benefit of shareholders.

This is the peak. The Fund raise needed will dilute the hell out of the SP. I cannot imagine a mine that needs subsidies to operate will give a good dividend to shareholders.

GLA.

Your complete lack of chemical and engineering knowledge has been noted.

Thanks for your opinion.

Rainbow, on the other hand have developed a ground breaking process, not for the first time.

And produced 30-100 feasibility studies between them.

Https://investornews.com/critical-minerals-rare-earths/the-critical-minerals-secret-supply-chain-sauce-is-in-the-technology-companies/

Good luck with finding anything like that to recycle in the next decade.

If he's Christopher Ecclestone from Hallgarten he has more credibility than you, anomouse abuser.

What's you name?

20.000 tpa of mres

$20k

RBW could benifit if they switch back to USA production.

Its obviously considerably less than that.

Irrelevant really, as there is no longer any market for MREC.

China is banning its import and every Western producer has their own mine.

>>What is obvious is that the DFC isn't going to fund Orom Cross if most or all of the material produced goes elsewhere other than the US,

That's not true

Https://www.amazon.co.uk/Rare-Earth-Exchanges/dp/B0DTFPQPCZ

Rare Earths have become a hot topic.

No idea.

Obviously not me because there is a lot more I'd say.

He can read.

Yes funding will be at the project level. Pensana shows the type of model, as does RBW who are also funded by the DFC.

I know it's slow but BRES will get the DFS and project level funding will come through based on NPV well north of a billion. With BRES low capex the project dilution should be remarkably low.

Pensana however only have an Agreement in Principle. Its conditional, probably because the REE prices are 1/5 of the level of of their corporate presentation. No DFS , so where the NPV is coming from is uncertain