Member Info for SmartPunter

Weird idea you have about the chairman of RBW, he has recently raised his ownership to 14%., George Bennet owns over 6%.. remarkablely high for a company that had raised over 50% of its equity funding for its first project. As for the lateness of the CIX/CIC backend pilot plant producing RE oxides, TechMet assured Congress that it would start soon, and they have previously produced RE oxides from other sources and phosphogypsum. Optimisations take time.

https://www.lse.co.uk/rns/RBW/conditional-shares-issue-share-options-exercise-vbq3n7he64z8ec6.html

If the administrators take over shareholders involvement will cease as they are wiped out.

Company could survive, unlikely, but it will be nothing to do with us.

Given the capex and opex, little upside potential to SP.

Why I sold out at 80p long time ago.

Delay to DFS (8 years now?) Possibly caused by the difficulties proving the project viability/feasibility

Defacto ban was already in place.

Three western miners/processors have failed to an extent with the processing tech. That doesn't bode well for others trying to raise finance without proven technology.

RBW are not a miner and we don't do geology.

They do produce the whole chain from raw resource to final magnet metals with LCM.

Western companies have struggled with the refinery process.

Mop up?

They were dumped.

Get rid of the board and you will probably have to call in the administrators.

Stupid idea.

You expect good figures based on market maker activity?

You were talking bollouks then and still are.

RMM

In this market, who knows.

Best prospect for a SP rise is a US listing.

I looked at Black Rock World Mining Trust, they do have a diverse range of investments outside the majors, including royalties, TRR, Lynas.

So it's possible we could get buy in from the funds and get a SP raise. George did mention. Institutions would invest st oxide pilot production.

Buy the assets.

There is nothing to "control", AMTE has ceased to exist.

This?

Iluka Resources revealed on Friday that Western Australia’s Eneabba refinery was now expected to cost somewhere between $1.5 billion and $1.8 billion and would produce its first separated rare earth oxides in 2026 rather than 2025.

The cost of the project was originally forecast to be between $1 billion and $1.2 billion when Iluka took a final investment decision in April 2022.

You bought at mid price, as far as lse can guess. Well done.

Congress was confident

I happy to trust a team with 30-100 mining and reprocessing projects under their belt

, who have developed a process and put it into practice with a pilot plant, successfully produced RE sulphate.

Over a couple of idiots with zero understanding of what they are talking about and are employees of a failed rival RE miner.

CIC/CIX processes the Rare Earth Sulphate into RE oxides.

No gypsum involved, it's a solution in acid.

The front end processes the Gypsum and had been running for months with no problem.

But what's the point.. you are a moron.

The Biden administration has begun forging mining deals at the U.N. climate talks aimed at securing access to materials needed for electric vehicles and other energy technologies.

The International Development Finance Corp., a federal agency, formally approved $50 million in financing Sunday for TechMet, a private investment company that’s partnering in a South African rare earths project.

The Phalaborwa Rare Earths project will use U.S. extraction technology to reprocess historic phosphate mining waste to produce rare earth metals.

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Brian Menell, chair and CEO of TechMet, said during an interview on the sidelines of the climate talks that the metals and mining sector needs to undergo a massive shift to respond to the climate crisis because demand is poised to outpace global supplies.

The federal government took an equity stake in TechMet in 2020, a move that was seen as an attempt to lessen U.S. dependence on China for metals needed for EV batteries and military applications. Menell said there’s now an almost unavoidable “structural cliff of undersupply” within the next three to four years for lithium, nickel, cobalt and rare earth metals.

“The world needed 20 of us yesterday,” Menel said. “We’re at the forefront of the war against climate change.”

https://www.eenews.net/articles/biden-admin-forges-first-mineral-deals-at-climate-talks/

200 cars per day at a gas station .