Member Info for SmartPunter

"Mali will make the Chinese very happy by giving them 100% this project for free.

They can do anything they like, anyone telling you investing in Mali is a good long term plan is telling porkies."

Told you, suckers.

American influence in other countries elections is notorious.

Why do I humour him? because he posts supposedly negative comments that boost the RBW investment case, and he's funny,

>>These are just your guesses!

No, I know you are just here making random comments, but the numbers are in the PEA.

Samen as granite, background.

The radioactive elements are so low that it's is not defined as radioactive waste

He's pointing out RBW advantages and why it's a good investment.

Regarding the pilot plat, it processed 30kg per hour, produced carbonate, then. 97% NdPr .

Both are saleable products, the NdPr with a 10 to 15% discount (from $80/kg US price).

99.5% results in a few weeks together with the DFS production cost. Hopefully will beat the $33/kg in the PEA.

Https://price.metal.com/mobile/RE-Oxides/spot

Daily price updates

Chinese really crappyinh themselves over RBW, are they?

Let me explain, yet again, RBW DO NOT NEED HIGHER PRICES.

They are a lower cost producer than the Chinese.

Funding is already assured.

The technology has been proven.

And prices in USA will be at least 25% higher due to tariffs on Chinese REE. Maybe much higher if Trump gets elected.

"The Chancellor has announced that UK Export Finance (UKEF), the government’s export credit agency, will offer financial support for overseas projects that supply critical minerals fuelling UK industrial growth and the net zero transition. "

https://www.gov.uk/government/publications/autumn-budget-2024/autumn-budget-2024-html

Looking here , up to $5bn

https://www.gov.uk/guidance/country-cover-policy-and-indicators

Vii

The guarantee applies to overseas companies importing to UK. I.e. miners in other countries, specifically commonwealth countries.

This is what has been actually announced in the budget -

"The Chancellor has announced that UK Export Finance (UKEF), the government’s export credit agency, will offer financial support for overseas projects that supply critical minerals fuelling UK industrial growth and the net zero transition. "

https://www.gov.uk/government/publications/autumn-budget-2024/autumn-budget-2024-html

Something wrong at the stock exchange, obviously

The true bid and ask are 12.65/13.0.

Therefore mid price is 12.82

Probably close flat or even slightly down depend on the balance

Actually the trades at 12.65 are sells.

The issue is London stock exchange opened and stuck with the same bid and ask price all day. They marked it down even though there were no sells.

Its a bit crap of them. Cause people to think the price has gone down when it was up.

LSE board mis-displays the sells as buys.

Intra day prices are a useless guide, the end of day rebalance by MM's will determine the true price.

Few points from George's presentation

To achieve 99.5% AND keep 66% recovery rate the back end and front end need to be co-located to reduce losses.

Once CIC/CIX is in SA we can expect an update. Could instead use fourth circuit to refine further.

George estimated/guessed discount to be 10-15% for 97% but not checked the market as confident single site plan will deliver.

DFC funding is forwarded at DFS completion and presentation of term sheet.

Work on funding to start after capex opex numbers reported in December.

GB believes in muliti billion target mcap (each project is 1bn).

Morrocco is a 10year timespan to develop a flowsheet.

Uberaba is a double plant size with 40 year lifespan

Acid cost $5/ ton in SA (similar in Brazil)

To be exact:

"In South Africa, a $50 million equity investment in TechMet will support the development of the Phalaborwa Rare Earths project, a rare earth element processing facility that will develop a more diverse, resilient, and sustainable critical mineral supply chain, drive the clean energy transition, and create economic opportunity for local communities."

After what happened to Britishvolt and Northvolt there is zero chance of a home grown battery industry in the UK.

The time has past and even £15 billion on Northvolt didn't mean they could produce working batteries

Adamas says with Myanmar responsible for 57% of global dysprosium and terbium mine supply last year, a prolonged disruption would strain availability of feedstock supplies for magnet makers during what is typically a seasonally strong quarter.

Going private save listing fees and makes it possible to raise money at a better rate.

11 million in two weeks.