Member Info for SmartPunter

That's about 2billion for RBWs share.

Interesting to see the final NPV value for SA. Washington Post article mentioned $1bn.

Normally its based on annual production (see TRR accounts for good royalty deals).

Remarkably good deal for Rainbow. Billion dollar asset

Why the F*** would they need to answer a anonymous claim that there is water in the mine when the mine is being de-watered?

The claim is moronic.

Look at you

https://www.lse.co.uk/profiles/bearleycalls/

All the usual idiotic garbage:

"Big losses losing money. placing desperately needed to avoid liquidation."

"Patience will be rewarded. Very happy with a low 10s average. If you want to lower your average , simple buy now."

"Buys flooding in. This is too cheap. Tick up due."

"Just added a further 20000 at 8.05p."

"Outright Deceit"??

I can tell you right now there is water coming into the mine.

I know that because its spent decades filling up with water.

And the water level has fallen considerably.

And now they are pumping it out.

Traders spreading BS rumours,

Https://www.voxmarkets.co.uk/rns/announcement/86210980-b9c1-42fc-b5f7-9a06437ccfa4/

So a mine has water coming in... this is news?

Update, they installed massive pumps to dewater the mine.

Obviously bigger than the previous pumps that worked while it was in operation.

There is a good chance the delay is because the audutors require the Russian assets to be written down to 0 as Russia doesn't have a convertible currency and money cannot leave the country.

>> share price is telling everyone a

Talking share price.. neat

Criminals spreading fake rumours.

Average time to production for a mine is 15 years?

Good find.

Techmet are RBWs largest investor and administer the DFC funds and have promised to take part in the bond funding.

George has already said Morrocco will need to find a process to concentrate the RE and they are not concentrating on it right now.

They will have 5 more gypsum stacks in Brazil alone to work on, the pipeline is full of prospects.

>>Why is REE not extracted from phosphogypsum in the EU? No technology?

You yourself posted about the RE extraction in the EU.

Your remarkable stupidity in posting articles that support the business case of RBW in an attempt, I think, to be negative...

As for Iluka, their very low PE is indicative of the poor economics expect by their $1bn plant. At least $60/kg opex I suspect, double RBW.

And another deeply discount raise is due in the next week or two, looking at the ramp.

Articles written by Australia RE mining companies tend to remarkably ignorant and report all rare earths as the capacity of production.

In reality 80% of RE elements are effectively worthless its only the Nd/PR Dy/Tb that have any value and the rest is expensively produced waste.

The capacity of the plant is probably 5500 tpa, lest that RBW's two target plants in SA and Brazil.

Given the Australians massive cost underestimation I doubt they will has a smooth progress to processing anywhere near capacity; every ore body is unique, as George once said.

Construction start still on track for Dec 2025 start, production start in 2026. No delay

Projecting possibly lowest capex/opex in the world, certainly outside China.

Not surprised by lack of movement. Far too complicated for most investors.

yeah. ******* awesome.