Member Info for SmartPunter

Having local processing available pretty much guarantees that the minecwill be given the go ahead as thos is the big thing for Ghana. I may affect piedmont though.

The recent announcement of a US$500 million lithium refining facility in Ghana is the latest sign that moves by African nations to restrict the flow of unprocessed minerals from the continent may be bearing fruit.

Problem solved....

We don't mine and we don't use this process..to be clear.

Third company to have similar problems in six months.

https://www.northernminer.com/news/subsidiary-of-canadas-only-rare-earths-miner-goes-bankrupt/1003859185/#:~:text=Vital%20Metals%20says%20it%20has,the%20Northwest%20Territories%20is%20unaffected.

Yes.. Techmet. They are over 10%.

I wanted to highlight that the biggest risk - buyout - is probably impossible at a low price.

Major Shareholders

Name Type Amount Holding %

Pella Ventures Ltd - 76,478,864 14.53

Mr. Adonis Pouroulis - 84,108,869 14.04

Pipestone Capital Inc - 36,036,683 6.85

Mr. George Sidney John Bennett - 36,799,683 6.14

Robert Kampf - 28,753,578 5.46

Shareholders

Name Type Amount Holding %

Mr. Shawn Harold McCormick - 9,316,571 1.77

Mr. Alexander Lowrie - 6,838,124 1.14

Mr. Atul Bali - 4,420,992 0.738

Https://tools.morningstar.co.uk/uk/stockreport/default.aspx?tab=5&vw=own&SecurityToken=0P00019NQM%5D3%5D0%5DE0WWE%24%24ALL&Id=0P00019NQM&ClientFund=0&CurrencyId=BAS

Taking a bridging loan was fatal. Desperate. And fatal.

Old shareholders do not have shares in new Cine

The US Energy Department is in talks to lend a record $1 billion to the developer of one of the country’s largest lithium deposits in a push to build out a domestic supply of critical minerals.

The Biden administration and Lithium Americas Corp. are negotiating the terms of an agreement that would fund more than half of the cost of the Thacker Pass mine in Nevada, according to a person familiar with the matter who asked not to be identified discussing confidential information.

https://www.mining.com/web/us-weighing-record-1-billion-loan-for-massive-lithium-mine-in-nevada/

What sory of market has

Buys 1723

Sells 89415

Price change +3.06%

?

Buy £600 worth of shares, increase market cap £2.5million.

Treo is not the key metric. Mining is a tiny part of REE production cost.

What is critical is the ratio of NdPr to the worthless REE.

This is because it cost just as much to process junk as it does NdPr.

For example to process 1000kg TREO it will cost $10,000 in reagents. This would yield 120kg of NdPr.

Another mine, MKA (18% NdPR) would yield 180kg. 50% more income for the same cost. And MKA is probably unviable at its $44, 000 per ton production cost.

Top ratios are 29%. Costs are $33000

But the ionic clay mines in Australia have costs of 31,000.

You guys are looking at double that.

This is why the sp is tanking. Its completely uneconomical.

Mm balance their books at the closing auction. If they have oversold they have to buy back, hence the bump in price.

It's mainly for the increase in ownership of the stack. So.. Meh. Owning 85% (from 70%) for 5% dilution. Helps with funding.

.31%/2.42% =12% NdPr

Thats dismal, average is 19%.

Uneconomic resource, its never going to be mixed.

>> BMW are to speed £600 million retooling the Mini factory - supply of batteries is something they won't have overlooked...

BMW being one of the customers testing AMTE's batteries and working together with BP on the infrastructure (ultra high speed chargers)

I previouly linked to the resource and annual production for five sites in Brazil. The RE content and NdOr ratios for each of the sources is given as well as phosphogypsum production rates.

Umberto was 3rd out of 5 for RE content and RE ratio I think.

It was the closest to the SA stack, but even though its much more lucrative it's way below at least two more stacks.

Not yet. We are waiting drilling and a accurate resource estimate as part of the PEA.

Initial assay analysis from samples indicates an average grade of 0.58% total rare earth oxides ("TREO"), higher than the 0.44% TREO for the Phalaborwa project.

· The Uberaba basket contains all four of the most economically important rare earths, Neodymium and Praseodymium ("NdPr"), Dysprosium ("Dy") and Terbium ("Tb"), with NdPr representing ca. 25% of the basket; NdPr represents ca. 29% of the basket at Phalaborwa.

The quota for medium and heavy rare earths, considered essential for high-tech products and weapons, was kept unchanged at just under 20,000 tonnes.

Not surprisingly, more interest today...

We're good

RBW to LCM to General Motors and Ford.

Completly China free supply chain...