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ReeTech, Pensana share holders have gone through a lot of pain to achieve their 25% rise today. Even taking their daily rise, over the last month Pensana shares are down 48% and Rainbow is down 17%. Neither is good but it is the scale.

:)

Chique, timing of a statement is everything. I don't know why it has been driven up. Can only think inside dealing.

It is not so much the company which has generally performed admirably, it is where the commodity prices are presently heading. Iron Ore, copper and platinum prices are all down. The great news is Anglo have a fantastic source of Iron Ore at Minas Rio that is the one of the best , if not actually the best, source for "green" steel production, through DRI.

GSK had loaded £10.7bn of debt onto Haleon bringing the figure much closer to the Unilever price. The OTC business was always the cash cow for GSK and had carried the business for a long time. My wife and I decided (hindsight is a powerful tool), after the demerger, to significantly increase our shareholding in Haleon, as it was no longer saddled with the previously underperforming GSK. We knew that the initial priority for the company was to pay off this debt which they are doing. The growth projections are good and management are moving the business in the right direction.

Before a pile of trolls pile in, I still am still invested in GSK and am seeing the green shoots of R&D starting to emerge. No longer have they got the safety net of Haleon and so their management now have to perform.

"here" even!

Chique,

The problem maybe the trust the investors have with BM and the inconsistencies with data presentation. Then there is the lack of due diligence on acquisitions that are at best deemed questionable, some on hear are a bit more forthright on this subject. This is our money, our investment and extreme care should be taken on looking after it.

The contrast between this RNS and the investor feelings on the Pensana board is stark. Pensana apparently have a cash shortage and their share price is down 30% today. Trust in experienced management is key to any investment.

Shame that management have moved the share dealings solely to the States, when 90% are on the LSE. I decided to pull my shares on the back of this.

I agree it a great business, well run with a fantastic future but in the short term plenty of long term holders like me will have pulled the plug.

Growthisall,

It is likely this huge order was in the system and the MM were frantically filling it behind the scenes and hence Tony not being able to purchase a large volume. Smaller orders could be made to make the market fluid but anyone selling was earmarked for the bulk order. This hopefully will have mopped up the sellers but we will see.

Someone clearly has massive confidence in RBW. to pay over GBP 0.65m.

I think it is more to do with downstream manufacturing that the West needs to look at, less processing. We need manufacturers to turn the individual rare earth oxides into tangible subcomponents e.g. permanent magnets. As 90%, now 80%, of rare earths came from China those industries ended up in China. That was combined with the advantageous pricing the Chinese supply chain obtained. The EU, and more so USA, have identified the full supply chain as a strategic issue that needs addressing. For RBW we have a window of 3.25 years for those sectors to be enlarged. Am hoping they start off with recycling and move on to primary supply.

The thorny issue of raising capital was mentioned. George is looking at 30% equity and 70% debt. Looking at the market capitalisation, there is little hope that we as shareholders can furnish most of the equity element but I do hope he comes to existing shareholders first with an offer to enlarge our holding, with a share option opportunity. Once exhausted he then goes to other parties. I don't want an over dilution of my involvement.

Marc135,

The RNS states "The PEA envisages first production in 2026.". If, as is suggested here in the RNS and in previous correspondence that they will set up a pilot plant operation. They should make revenue from this, as a by-product of optimisation.

Whalebone, I received mine from HL but as an overseas dividend payment.

Well those RNS's went down well. Clearly the market/shareholders weren't expecting this. Have to feel sorry for recent investors that bought in at 18p.

I admire both sides of the argument, especially the negative posters, even when perhaps they don't want to be. There is often a wolfpack attitude on here that the "Brian lovers" try to rip them to shreds.

The problem now is there is a war on the AIM market between those looking at the sales volume verses those looking on the finances. The P & L accounts are very black and white and it does tell the reader that HMI sell their product on credit, until their harvest. So the company is often running 1 year behind the sales. Now we are into serious oversold territory and hopefully the sales volume community see it as share purchase opportunity.

Chique, you learn something every day. I have seen the article you refer to where it says under phosphorous "It helps in the synthesis of nucleic acids, responsible for enzyme activation, acts in nitrogen fixation..." Mysteriously and indirectly it activates enzymes to pull nitrogen from the atmosphere similar to the clover element, within the 4 crop rotation system, pioneered by "Turnip Townshend" in the 18th Century. This is why I did not take Biology for A level, as it is such a black art!

Thank you Chique.

The last few days of messaging has finally got me to chip in. There are more than one type of fertiliser. The ones that come from natural gas and therefore largely tied with the price of energy are nitrates and nitrate derivatives, such as Urea. Their feed stock comes from methane, this is carefully burned to produce ammonia and carbon dioxide and is further reacted to eventually produce Urea. Ammonium nitrate follows a similar pattern but with the second reaction step using nitric acid.

What most seem to be missing here is that the HMI product does not have a constituent nitrate element within its composition. Officially it has "phosphate, potassium, calcium, magnesium, silicon and several micronutrients including manganese, copper, zinc, molybdenum, and carbon" . No Nitrates. Please do not tie the price of gas and the woes of Europe with that of KPFertil please.

Good to see strong growth and margins but disappointing operating profit, on the back of rising operating costs/expenses and greater R & D expenditure. Again no mention of dividends which to say the least is disappointing for LTH's. The cash holdings now almost match the company debts which again makes the lack of a dividend surprising. I can only think that either the money is ready for another acquisition or more likely a sweetener for the planned pull out from the FTSE AIM and sole listing on the US Nasdaq market.

The nano filtration, that was producing larger volumetric flows to the K-Tech finishing process, is being replaced using the counter current leaching system. George explains this in the short video and is perhaps the key to optimising the CapEx and OpEx costs. Hidden in plain sight and not mentioned by George is the discovery that elevated temperatures will further save resident time and money within the leach process. All is disclosed in the published pdf document :

https://www.rainbowrareearths.com/investors/results-reports-presentations/

I am now appreciating the delay in the PEA, as they tweak the process.

What is still not clear, nor would I expect RBW to disclose the contractual agreement with Moroccan OCP S.A., is their contribution to the developments. The previous RNS statement said "The Parties intend to work together on the development of pilot and industrial-scale extraction of rare earths from phosphogypsum". Clearly OCP have much deeper pockets than RBW and having them to directly or indirectly support the build costs will be huge. George did not go into any depth on this and noted only the common rock formations that the rare earths will be extracted from in South Africa and Morocco.

SaMason, you are right 8 posts today, on 8 different companies, all saying the same thing or variations of. Then if you trawl through the rest of their posts history it follows the same theme.

The K-Tech process section must have a volumetric limitation of 40 -60 m3/h without significant duplication of process operations.

I was very pleased to see this technology CIX (rare earth extraction) and CIC (rare earth separation )recovery has increased to 80% on a single pass and is likely to be 99% with recirculation. Previously we were informed something like 67 - 70% and they did not define that it was a single pass. This means RBW are capturing the greatest value in the feedstock.