Member Info for SmartPunter

I did some ballpark NdPr retrieval rate calculations of half a dozen potential sites that we may have signed up. 18k tonnes per annum.

Published studies indicate there is 300k tonnes per annum of REE in phosphoric acid worldwide.

Then there is the associated phosphogypsum stacks from the 50 years of historical production.

You are a disgrace.

Some else you can abuse, lucky you.

>>At a time when upfront capital costs for rare earth projects continue to rise, we understand that Hastings has recently increased its Capex to circa A$1 billion and that Arafura's circa A$1.6 billion is expected to increase, Tim George and the engineering team have done a great job in reducing the upfront Capex for Longonjo to circa US$200 million, making the funding so much more achievable.

Good to know that "never built a mine" can build one for one fifth the cost of miners actually doing it, with independently audited DFS's to back them up and pilot plants to test their processes.

Tony

Where is the evidence besides an anonymous forum post by a know ramper?

This is more of the same BS. Pensana have no funding, no mine and no feasibility study. Its got nothing, but a load of Dog Ate My Homework.

Complete pack of lies.

I can say this because this is not attributable to anyone and there is no evidence to back it up.

Company news have to be via an RnS not anonymous forum posts

Sun, feel free to post links to credible sources of information.

Sun

What you are saying is China has insider information about a secret deal.

Problem is, if he is an insider he's committing a crime.

If not he's spreading fake rumours. Again a criminal act. So he's dishonest.

To what end? If there is some great news , ramping the SP is pointless if it will rise anyway when it's RNS'ed.

So the logical conclusion is you are attempting to raise the SP with fake information, as China has done before, for your own dubious reasons.

Https://www.cnbcafrica.com/media/6330352874112/

Why we like Rainbow Rare Earths

1. Tailings project located on existing industrial facility results in low capex and opex

2. High per tonne value due to NdPr, Dy, Tb assemblage and ability to produce beneficiated product

3. Proven management team that has built numerous mines and tailings projects

UPDATED. 2023-3

https://sprott.com/media/6290/230320-rbw-scp-mre.pdf

We maintain our BUY rating and

35p/sh price target based on 0.6x NAV8%. We think the upcoming pilot plant campaign could be a major

catalyst for Rainbow with excellent risk reward: If Rainbow de-risks CIX-CIC as a separation methodology,

the gypsum stacks could be a large addressable opportunity, a bottom cost-quartile source of rare earths

(at surface, previously treated, in existing industrial sites), and with Rainbow the early mover. While critics

understandably point to the fact that solvent extraction is currently the industry standard REE separation

method, we like Rainbow’s approach: building the pilot plant, focus on execution, and let the results speak

for themselves.

Phalaborwa update: MRE upgrades 77% to M&I, pilot plant commissioning on track for 2Q23

Rainbow released a Phalaborwa (South Africa) project update. An updated JORC MRE sees total 30.4Mt

at 0.44% TREO, of which 23.4Mt or 77% is in M&I categories against the 4Q22 30.7MT at 0.43% TREO

inferred resource. Additional drilling is planned to evaluate density at depth of the stacks as advised by

US-based gypsum experts, Ardaman and Associates (a Tetra Tech company). The pilot plant is on track for

2Q23 commissioning. Design and fabrication work on the front end (crack and leach) has commenced by

Mintek (Johannesburg). The back end continuous ion-exchange (CIX) / continuous ion chromatography

(CIC) units have been delivered to K-Tech in Lakeland, Florida for setup and testing

Bit old, but good quality report

https://www.rainbowrareearths.com/wp-content/uploads/2022/03/21-08-04-Sprott-Initiation.pdf

Initiate with Buy rating and 35p/sh price target based on 0.5xNAV80/kg

We model Phalaborwa as a 2.2Mtpa operation producing 6.5ktpa of rare earth

oxides including 2.1ktpa of NdPr. At US$80/kg NdPr, this generates average

annual FCF of US$73m per year over the 17-year production life, which

generates an NPV8% of US$524m. We add US$3m for cash, US$2m for tonnes

outside the mine plan, and US$75m for Gakara, while we subtract US$107m for

G&A and central costs. We generate a NAVPS of £0.74 and initiate coverage

with a BUY rating and £0.35/sh price target based on 0.5x NAVPS.

Surely every post telling you to sell between now and back to 180p would be more sensible?

You going to have to figure out this internet thing.

Plenty to go around, M&G were not mentioned in the funding update.

Indeed and M&G have not indicated they will sink more cash into this.

>>not even the directors who are not currently buying.

How many shares do the directors hold.

You'd expect a good 10%, but as far as can see their holding are tiny and gifted as bonuses for the successful funding raise, mine build and saltend plant build.

Maybe you can hit 17p today or tomorrow.

>> new 52 weeks low SP?

Its an All Time Low, actually.

>>You do realise CW have been represented by the best corporate lawyers in the land.

Many lawyers labour under the dellusion that they are the law.

Challenge it.