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>> Nevertheless, needs to be somebody on the other-side of trade...

Nope, every trade is against a market maker.

They don't have a choice.

Sounds correct.

The source of hydrocarbons is now though to be when hydrogen reacts with carbon (fossils) at pressure and temperature.

Some times there is also Helium present, which is why most Helium is associated with Hydrocarbon gas.

7p is about 1.05p with the dilutes share register

Try thinking in MCAP

1.4m, down from 3.5m.

Someone opinion that 0.2BCM p/a is commercial. That's about $90m income, probably $60m free cash flow. $500 mcap. That's priced for commercial Helium find.

Ignoring that there will/could be another half dozen more targets in the license area.

Share price has halved since the deal was signed. Obviously not convinced many.

KOD are in Mali, they depend on getting control of the asset on a government put in place by the Russia government/mafia (Wagner).

Don't touch with a barge pole.

Pea brain, lowest cost producer makes huge profit an even today's prices

From the annual report.

The PEA generates a strong EBITDA

at all pricing scenarios, with our sensitivity

analysis showing that at US$60/kg for Nd and

Pr oxides, which is below the weakest prices

seen in 2023, Phalaborwa would produce

US$82 million per annum EBITDA – rising to

an average of US$504 million per annum over

the project life using long term forecast pricing

from Argus Media published in April 2023

Wtf are you on about?

Page 132. Type, cost and quantity of reagents.

pH specified elsewhere.

Its in on of his interviews.

The concertation of sulphuric acid used is specified in the PEA. its not very high.

Once a company enters administration the shareholders are wiped out.

Not all raises are at a discount. RBW have performed three at a premium, notable that they too are in receipt of DFC funding. Exceptional investment cases can do this and BRES are Exceptional.

HE1 was a duster and the level of the raise was to be expected. Unfortunately.

Yes the adjacent copper processing plant produces sulphuric acid as a waste by product.

The primary reason sulphuric acid was chosen over Hydrochloric (slightly more efficent) was the dirt cheap acid supply next door.

Delivery is everything. It's $20 in China. $300 in the outback of Africa.

As a waste stream piped from next door George negotiated a very low price.

Much more detail in that presentation.

Fund Managers, Analysts, its a big commit to make a site visit. Part of due diligence for the project finance and institutional investors.

Boring to some who prefer chimpanzee tea party investing.

Took 90seconds ti get a quote and price up 30 already. Damn

."Rainbow's extraction process skips slow & costly steps by processing & cleaning up industrial waste"

>>you still have to turn that into metal and alloys, which are fed into a manufacturing plant […] but there is very little capability in the West to process this material.

Yes its Less Common Metals and we are provisionally on an offtake agreement to supply them

The end of day auction sets the closing price.

Market Makers balance their books and other brokers can buy sell.