Member Info for SmartPunter

Ktech have already used the tech for REE extraction

No, it's a mine funding method. There is already a SA company that owns the project which is 100% owned by RBW. That company will be valued at the NPV and 40% sold as equity as part of the funding package.. 60% is the raised as debt.

This way RBW is not diluted, so the next 5 projects are not diluted - unless a similar funding method is used but that equity-debt ratio may be different .

Obviously a 120m raise on 300m NPV valuation is better than on RBW current $100m.

https://www.lbma.org.uk/alchemist/issue-12/financing-mining-projects-alternative-methods

Valuation used for equity is half NPV. I.e $680m/2= 330m ish

Final NPV determined by DFS.

This confirms the project will happen. This is a US government guarantee..

Tony it's 50/120 of the equity funding. The rest is via loans .

Funding is split 40/60 and the 40% is $120m equity

800 per ton is still profitable.

1000 would be great.

Current prices are ridiculously high.

Yeah brain fuzz on Sunday morning, sorry.

The firm, which is backed by commodities trader Mercuria Energy Group, is in talks with shareholders and new investors, including sovereign funds and family offices, to close a $300 million fundraising round in the next few months, according to Menell.

TechMet has invested more than $250 million into battery metals and rare earths projects around the world in the past two years, including Rainbow Rare Earths, Brazilian Nickel and Cornish Lithium. The firm said it will use the latest US government funding to deploy $50 million into a South African project being developed by Rainbow Rare Earths.

https://www.mining.com/web/us-gives-50-million-boost-to-critical-minerals-investor-techmet/

Nothing to do with the rapidly deterioration in Mali security before the 31st December pull out...

Nah. Shaking trees.

F*** me, you post some interesting stuff

Testimony of K-Tech high hijun (Thomas Baroody) to US committee discussing the research needed to ensure the domestic supply of critical minerals in particular REs.

Rainbow [REs] "desires to have it's products processed and used in the US"

@-1:24:11

RBW gets plenty of exposure.

Https://science.house.gov/2023/11/full-committee-hearing-the-role-of-federal-research-in-establishing-a-robust-u-s-supply-chain-of-critical-minerals-and-materials

George mentioned it as part of the finance process

Https://www.portugalresident.com/corruption-in-mining-endemic-portuguese-academics-join-pressure-against-european-zeal-for-critical-raw-materials/

Offensive pro climate change fanatics.

Unbelievable, Extinction Rebellion Portugal have signed this.

To heavy, impossible.

can't wait for rbw us listing to provide investors with a better alternative to that sack of ****e.

Lithium is light.

You cannae break the periodic table.

Dunno.

But there is solid buying going on...

Mumbles, at least you are consistent.

Calculate, its Friday, everything is dead.

When will the penny drop that the Russian mafia and Chinese have screwed you.

Any day now.

Hoping for surprise funding news.

The regulators are changing, they are applying the rules more aggressively

https://www.coindesk.com/policy/2023/11/16/uks-proposed-crypto-rules-could-drive-away-foreign-firms-lawyers-say/