Member Info for SmartPunter

You mean "it goes to CHINA for processing "?

Think is the MCAP is no where near $100m, so its still damn cheap

Yes, but suppressing the price to 0.25 and putting the shares in the hands of the brokers who have to sell them off has turned into a huge opportunity.

Https://www.linkedin.com/posts/geological-society-of-america_rareearthelements-greenenergy-geochemistry-activity-7156345008625741824-4lGq?utm_source=share&utm_medium=member_android

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The acid is not the biggest cost, that would be Lime. The PEA puts Lime at $10.23 and acid at $3.98 per kg NdPr.

Reagents make up 55.8% of the cost and RBW mentioned better recycling rates. Cannot see how Lime could be recycled as its consumed.

Power makes up 15.3% of the cost and that is halved, apparently by them temp reduction from 40c to 30c.

Further income from Gypsum sales eat into the effective opex cost.

Sprotts cost heat map didn't even go any higher that $30/kg so I was shocked at the $34/kg PFS opex. So I'm expecting a pleasant surprise reduction and increase in NPV.

George mention the $8 price in an interview. It will come out in the DFS.

Over 2000 x background is 2%+

Too late for AMTE shareholders, we have been wiped out by administration. The assets will be sold and we will get nothing.

Rare Earths are another possibility. Definitely the bottom of the market.

It's a difficult product to understand and there are high barriers to entry but for the right producer it has appeal.

I know RBW are raising the remainder of their project equity finance this year, its similar to a royalty in that a %age of the asset is owned not the listed parent equity.

There is also Sierra Verde in Brazil, unlisted, liw cost producer.

Downside, I suppose, is product is not open market sellable, same with Uranium, it needs to be sold into the supply chain for processing and use. You cannot take 1% and sell it to anyone.

Yawn...

As I said, that's what they put in the PEA.

There is no such fixed price, it varies depending on location.

When you have a copper plant next door with a sulphuric acid waste stream you can negotiate $8/ton delivered by pipeline as have RBW.

Bit pointless, thre dropped it a penny last month.

Needs an update from Sprot, the power savings are with $4m per year which add add 8% to NPV, Then there are reagent savings. Also noticed PEA assumed Sulphuric acid cast was market price at $95 per ton. RBW paying $8.

Can see a sub $30/kg production cost is possible.

At $400k and $1.2m per ton, someone is convinced.

Not Turnip for Brain, obviously.

Even when you account for producing double the Dy TB that RBW will produce.

Another ionic clay producer that is perfectly viable but less profitable than RBW.

PEA is here.

https://assets-global.website-files.com/6267a587be31507747a1c8b6/65aebbed8b366c4e97f4c1f9_PR_Carina%20Module_PEA%20VF_clean_2.pdf

Few points, they are using prices at 2.5-4 times todays prices.

Cost of production ($125m/year) is twice RBW for 30% less metal, and it's Carbonate so max 65% benification.

Even so capex is over double RBW.

If we use todays prices the project is only barely profitable

Mumbles I realise the We doesn't represent you and it's why I read your comments. I haven't denigrated PRE on Hive, just pointed out simple verifiable facts. You can challenge those facts with evidence, if I'm wrong I am happy to admit.

I really don't want to discuss this any more its dead and done.

BTW, no-one wants to discuss RBW either on Hive, far more interested in endless talk about why xzy sheitshow is not going bankrupt just yet.

My posts don't get deleted because they are fact based, yours do because they are not.

Maybe you should reassess your concept of reality.

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Sure you can't, Professor Piehead.