Member Info for SmartPunter

Banger of an RNS for Rainbow.

The two projects combined give a rough estimated value of more than $1bn, with current mcap sitting at only $150m (with this project model repeatable at other site in future).

Uberaba Project Key Metrics

Post-tax NPV (10%): $916m

Post-tax NPV (13.5%): $609m

IRR: 45%

Payback: 1.7 years

Capex: $279m

Annual EBITDA: $217m

Mine life: 30 years

Phalaborwa Project Key Metrics

Post-tax NPV (10%): $611m (at half current REE prices and minus other REE )

IRR: 38%

Payback: ~2 years

Capex: $326m

Annual EBITDA: ~$181m

Mine life: 16 years

Start 2028 and 2030 production , years ahead of any other UK listed REE producer.

The founder and his father both founded 5 Billion++ dollar mining companies. he's going to do it again

Banging the numbers gives $2bn mcap target, actually a lot more potentially if latest pricing yttrium is included in Phalaborwa .

Rainbow Rare Earths Limited has announced a positive Economic Assessment for its Uberaba Project in Brazil, projecting a post-tax Net Present Value of US$916 million and an Internal Rate of Return of 45% over a 30-year mine life, with an average annual EBITDA of US$217 million and a payback period of 1.7 years. This assessment, based on March 2026 rare earth pricing and a 10% discount rate, has led to a Joint Project Development Agreement with The Mosaic Company to advance the project through pre-feasibility and definitive feasibility studies, with a target for initial production in 2030. The agreement outlines a future joint venture where Mosaic would hold 51% and Rainbow 49%.

Its an exceptional project with those numbers. Conservative lifespan too. Its at least 40 yeas as still adding.

This should add 100% to target price

Agreed, I couldn't have put it better myself.

The long time optimizing the process has minimized the reagent and energy costs. If will all be in the DFS.

What it means is, no matter the current oil price ITH will be paid $66. There is a small amount un hedged but... nothing here to get excited about.

ITH are hedged at $66. Little chance of an upside is there.

George is an Investment banker who got into mining.

Adonis Pouroulis is from a family of miners. He founded RBW.

Restrictions on withdrawals from a Private Equity fund are not indicative of anything. Especially irrelevant to critical mineral processing.

By Macro issues, you mean the closure of the Strait. This has the potential to being positive to RBW.

REE production's main consumption are Energy and Sulfuric acid, both of which are consumed in a fraction (1/8th) of other REE producers. Plus power is from Wind and the Sulfuric acid is a waste product of the Copper plant next door.

So, unlike miners where Oil price doubling results in double the OPEX, RBW will have a fractional increase in costs.

The demand and pricing for NdPr should increase very substantially due to the increased appeal of wind and EV's. And EV's have got much cheaper.

pensana own 81% and it's going to become 61% of 81%. which is 50% ownership of a 180m asset. there is no other valuation whatsoever

mcap is 450m. 90m in assets...

and pa hates retail investors.

this is a complete **** show.

You are such an idiot.

You know your lovely investment in Pensana. $90m asset with a MCAP of $430m . Thats overbought.

Not a $1.2bn NAV, government backed, funding guaranteed metal processor with the lowest cost of production in the world.

>>So they have to communicate they can keep it up for as long as they want.

Iran, China, Russia are 100% aware of the finite quantity of American weapons stocks.

They have planned their defense strategy around it, for decades.

ISR 81%. So 61% × 81% =49.4%

Probably 50% to retain control. Or not.

>>"Sable goes from 100% PRE to 61.8% PRE post‑deal, with Cascade and FSDEA sharing the rest"

You might want to check that. Pensana was already below 100% of the project, before this. For instance, the bridge loan conversions.

Muppets.

Raising $15m at a >20% discount. Brutal, does forward selling that explain the SP fall?

Oh, but something great may happen in future. Lets just cancel and pretend it never happened, nobody here will care.

Their usual trick. How many raises in the past year is that now? 5?

Although its hardly surprising when the Chairman and CEO set the price and buy the shares.

Every raise since George was in charge has been at a premium.

Some large orders .RNS coming in a few days.

Read through the historical RNS's and spot the failed deliverables.

Funding, long lead time orders items, feasibility studies, construction starts.