Member Info for SmartPunter

This is why RBW's "one of the lowest cost producers" title is so important. High opex miners will be closing down now (some already have in China), leaving low opex producers to reap the rewards when prices rebound.
US producers like RBW will also benifit from the $10/kg government subsidy.
Finance is determined by a 3 year average price, not spot.

>>extraction of Pr and Nd from the acid bake calcine was in excess of 90%, the impurity removal circuits were very efficient

That's just one processing stage, not end to end, rock to metal. There can 200 stages in rock processing, each has a loss associated.
Just four stages each with 90% recovery give you 0.9 x 0.9 x 0.9 x.09 =72% RECOVERY

RBW's process has only 5 stages, gypsum to metal. Maybe 70% recovery but we will find out soon enough from the pilot plant.

No impact on TRR whatsoever.

>>If a person is more comfortable thinking that a red brick is a yellow ball, he will believe that the brick is a ball. Any talk is useless. This is to the question of the "objective picture of the world" and that a person orb of this world knows. He only knows what he wants to know. And there is no way to bring simple, obvious facts to his mind.<<

What is this gibberish?

Obviously this is PEA figures and applies to the ~35million
ton stacks.

>>If the gypsum has been chemically cracked, at least 90% of the REE must be recovered.
Based on what metric?
RBW are the first company who are successfully extracting RE from Gypsum. Their method, when the pilot plant has run, to define the standard.
In comparison ionic earth extraction from 0.1% RE content can be 50%. Hard rock is 60-70%.
Nobody is extracting 90%.
>>1320 ppm REE remains in "pure" gypsum
No,. The REE (12+ elements) are extracted to a sulphate.
Only the four commercially viable RE's are extracted. The rest are stored for future processing if uses evolve.

>>Accordingly, 3.08 kg of separated magnet rare earth oxides are extracted from one tonne of phosphogypsum at an average cost of US$33.86/kg in the amount of $104.3.
So, cost of processing is $104.
Income is
3.08 x $60 = $180 (current ndpr price ignoring vat, discounts, two minor RE extracted.)
$100 gypsum credit
$10 environmental clean up credit
Total $290 income for $104 production cost

Pretty obvious not many people are reading it. Which I'm sure was the intention of the 150 pages

DYOR.
Yes, please read the annual report (150 pages!!!!) from June 2022 and company RNS from a month ago.

Lol, thanks. Its nice to be appreciated.

If you don't like what I say, please block me or leave the forum.

>>Pensana's future is now secured for at least the next two years
Annual report shows outgoings at £20m a year and they already have 9m debt.

Then therecwas the multiple failed trials, GSK pulling out of their deal, the interferon scientist who was abused when he pointed out that the drug did not work, the fake poster ramping the share pre-raise.
Massive red flags but you prefer to belive the management BS.
Ho hum.

Tony
SYN misrepresented their results. 5th order differencial processing to indicate a positive result... that's some BS. Their chart also showed patients did not leave hospital sooner. Then the lies about raising money to start production and refusing to do so once they had the cash.
The relevance to here is the aggressive self deception of investors who will not change their mind or take in new information when it becomes available.
It's a great investment advantage I supposed. But human nature shocks me.

>>Synairgen
Went balls deep with them and bailed when I realised they were lying. 80% up, result...

Churchill and Thatcher would hang you, traitor.

It's a 11% dilution

Cold War 1 lasted 40 years.

There is no such thing as public domain for insider information (or rumours). You do not have to profit from insider information either. Ignorance of the law is no defence and there is a lot of that on public forums. Just because it's common sense doesn't make it legal.

Interesting that PRE released the RNS during market hours. It could be you post or others that forced this.

https://www.fca.org.uk/markets/best-practice-note-identifying-controlling-and-disclosing-inside-information#:~:text=The%20definition%20of%20inside%20information,basis%20of%20their%20investment%20decisions.

You posted before it became public knowledge.

>>In what demented universe is this insider information?
FCA world
.
Also, look at the top of the RNS:

28 APRIL 2023

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

Pensana Plc

("Pensana" or the "Company")