Member Info for SmartPunter

Regulators are global.

All comply and operate together, equivalence.

The US government is the most harsh on regulatory compliance and if can shut down just about any financial company on the planet.

Then there is, do something illegal in one country and your regulator will act.

If you understood the FCA and approval process you would realise why its hopeless.

If a company failed to get on the original list there is not much chance it would be approved now.

The very fact that a company is operating without approval is a major hindrance to ever getting approval.

Done a deal with China and the Russian Mafia in Mali?

Good luck.

The reason why rare earth magnets are used is because they are more efficient. One alternative is the induction motor which uses electricity to produce an magnetic field.

This is less efficient and comes with costs of its own.

RE magnets make range higher and returns the investment several tines over the life of the car.

They could not sample in the fractured zone due to the broken rig. That's where the free gas would be.

Drilling is part of the PEA.

It seems, after all, you didn't need to ask what was expected next.

It will take well over a year. Look at the timelines on the SA stack.

Currently they are drilling to determine the size (Million ton) and quantity (%age) of RE present. Then they will have to test and tweak the FEED to optimise for the higher RE content and then run through a new or existing Pilot plant.

We are waiting for news of a successful back end PP results, maybe we will get an update on Umber. Maybe even news on the other four Brazilian stacks.

As for Morocco they are still attempting to find a method of concentrating the RE to make it feasible.

Mali.

It's in Mali.

Mali.

SMALL CAP IDEA: Shares in Rainbow Rare Earths are on the move https://www.thisismoney.co.uk/money/investing/article-12743811/SMALL-CAP-IDEA-Shares-Rainbow-Rare-Earths-move.html?ito=native_share_article-nativemenubutton

Rio Tinto looking for lithium

Takeovers are at 50% NPV. The investor pack quotes $1300m for $1200/ton. 87p

Someone recalc the NPR for current prices?

Probably x2

Constant buying by position builders.

This is all on the back on some fake trading numbers?

Skilled battery making staff are rare.

>>Other makers will follow.

Chinese have cheaper EV's . The Dacia Spring is already much cheaper.

More importantly Tesla is attempting to catch up with the ID.2, which is already in testing.

https://www.drivingelectric.com/news/41848/volkswagen-id2-test-mule-pictures

Explanation of project funding -

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

The same funding methodology could be applied to many projects (if we do need to raise funds without debt). Funding a half a dozens projects could therefore be expedited.

Last time it wasn't an issue until the hole collapsed.