Member Info for Tornadotony

In that league table of 10,

I have one likely to be going to China.

2 projects imop are inferior to Blencowe.

1 is very similar but 9 months behind.

1 was described as stalled with local issues otherwise would be better.

3 are better then Brescowe and 2 of those appear to be funded and going into construction the third is in a final stage of sorting out funding.

1 project is double the cost and simply massive over in Canada as they shoot for the sky with 500,000 a year but still pre feasibility.

1 project is lower grade resource but more of it with 3 year pay back and currently going for a 25,000 tonne start up funding so might be level in some regards and better in others then Blencowe.

Overall Blencowe has a chance but needs a funding resolution to materialise in Q3. Overall Mike is doing all he can as he spoke about last week and can only lead people to the source but can not make then decide. Making sure one has a source with infrastructure and supply concerns certainly got 1 of the better projects off the ground. The above is all my opinion of course and some here may see that league table differently.

I am out for awhile and go into surgery under the knife tomorrow, but hope to be walking wounded sometime next week. Happy to read others views and

wish all our readers out there the very best.

Tony

Also to note some only supply China and not the Western markets.

43,000 barrels a day average. Reads as a very good RNS.

We still need petrochemical products. All one needs to do is to walk into a hospital and see what everything is sourced from and made of. Starting with drip and blood packs to blood collection tubes and the elevator one walks in or the operating theatre kit. I can not not believe the lack of materials science understanding of UK Ministers as if it can all change overnight. New medical implants that are made from oil industry sources for biocompatibility will take a dozen years to replace from another source.

Do I win a fortune cookie for my last answer?

I thought the result was lots of money for rainbow rare earths to do some research until market conditions were ideal for exploiting the technology.

Https://energymetalnews.com/2026/04/10/record-graphite-anode-supply-shortages-are-reshaping-the-global-ev-industry/

Everything depends on western graphite demand. Either those doing diligence and market analysis accept this or they do not and anticipate the West can find all the graphite they need. They can also review the Molo mine and how all the maths stack up there. Providing Blencowe can provide them with all the figures they should have enough data to deliver a funding decision by August. If not what is there rationale for not funding the project. The market either needs new sources of graphite or deems there is no supply chain problem. There are precious few other new sources like what is discovered here.

I have presumed that NDAs signed are an event based or if fixed term are held no more than 12 months. The company would not be allowed to give an opinion on the relative 4 stages of an NDA contract relative to other parties who have also signed NDAs as it certainly breaks the spirit of confidentiality.

The first point that I took from the RNS was that 4 entities entered into NDAs as far back as January or earlier. There was no evidence of any party pulling out of an NDA unless Mike decided not to disclose such material as to influence another party and I am not sure he found another NDA party to make it 4 again. I suspect all the original parties to January NDAs are probably still involved.

All those parties needed an updated resource announcement as Legalwolf has said as it would have hampered and delayed their funding decision and they have now just received it. All of them would have asked for term sheets from the company and our CEO was busy delivering these in late March and April. I agree with Legalwolf the recent RNS was far more firm on the equity route for phase 1 than before and it would not have been so if those signing NDAs were very inactive. It suggested to me that all parties were putting a lot of time into a decision making process.

All along I have felt the timelines were really tight and were not under the control of the company. What we do have is confirmation on the quality of the asset and improvements on local infrastructure to operate such as asset once created.

The alternative of a private equity deal with the 4 NDA signatories is to agree a three year bond with an interest rate coupon. If they took that route it would be a case of risking say $11.5M for a £15-$16M return. The advantage of a 15% stake as private equity is that I suspect the return would be far greater on their original investment as holding hard assets may be more advantageous than holding bond products. The bond route may have to give way to some equity dilution to cover first year bond interest during P1 construction. It was again interesting that the company viewed private equity was going to be the way forward.

Daily chart is not forming a cup with a handle. Weekly chart has to recover 8.9p. We have several days for that to happen.

Fib retracement entry point is at 158p.

Fulmar lets see how effective Reetech is reducing RBW share price with all those CFDs funded by the back office in that heavy heat of somewhere in Indonesia with unbearable humidity and no windows that open without any air conditioning, funded by the Chinese Army from a unit based in Shanghai. It gives us the latest budget available to throw at RBW from China to put off investors, but of course provide a big discount for those who want to build their stake. Can we see how good Reetech is as a quality control exercise. Certainly puts him under the pressure from his masters.

Reetech is back. It can only mean one thing RBW is being shorted again. 20p here we come.

Https://r.search.yahoo.com/_ylt=AwrIf82H3hpqgQIAeRd3Bwx.;_ylu=Y29sbwNpcjIEcG9zAzEEdnRpZAMEc2VjA3Ny/RV=2/RE=1781355399/RO=10/RU=https%3a%2f%2fen.defence-ua.com%2fweapon_and_tech%2frussian_forces_claim_ukraine_is_using_drones_with_graphite_bombs_what_these_weapons_are_why_they_matter-18082.html/RK=2/RS=Y1JvWidRUOX4T70lCb_AoytqMO4-

Another reason why this may be getting funding soon.

Stealing know how intellectual property by recruiting staff of a competitor which could not be protected by the usual patent route because of China. A good job it goes to Court than the Godfather route. The best thing the accused company could do is compensate MP with a licence payment and be done with it and negotiate before it goes to court. The Government could force that result as well.

RBW to be aware and keep secret formulations as protected as they can.

Https://www.reuters.com/commentary/breakingviews/new-us-iran-deal-could-be-useless-last-2026-05-29/

TT

Https://www.reuters.com/commentary/breakingviews/new-us-iran-deal-could-be-useless-last-2026-05-29/

Metalhead, I have 5% of my portfolio is BRES that I do not trade and only 1/10 on top that I do. That portion returns the equivalent of like having a divi when I do the odd trade.

Not a cup and handle. The downtrend on the weekly chart was smashed this week and a new weekly chart up trend is in play. The long term rising support line from 17 August 2025 at 4.1p now extends to 8.1p as of this week. It is an incredibly powerful support base. at the current progression rate it gives a price floor above 12p in 9 months time. Of course new support lines may be generated depicting a different slope in the interim which give higher projected prices. There is little in overhead resistance in the chart up to 12p area unless one is being formulated in the weekly chart. These are my own chart interpretations which I use together with fundamentals. The weekly chart is a very clean one to use for investor perspective.

Orom Cross to Kitgum road is 48 miles long. Kitgum has a road network to Kampala and Entebbe Airport. It takes 6.5 hrs by road (average 40 mph) from Kitgum to Kampala. They could establish a warehouse near Entebbe or Kampala for small two to three day in time deliveries. The distance to Mombasa by road is 706 miles. It may take 2 or 3 days driving to get things to port but they could establish a second warehouse in Mombasa with some supplies where they top things up. Overall the land lock issue has been reduced significantly as Orom Cross was a stranded asset well away from any infra structure. The road built by UK Government from Orom cross to Kitgum is incredibly helpful and joins up with the rest of Uganda's main roads.

1. The company is proposing that 15% of equity funding at $45M gives a suggestive in the ground value of $300M or £223M. The party contributing is aware of the upside if they gave that level of support.

2. The party contributing is likely to have considerable expertise. They may also add some very useful people on the board to develop phase 2.

3. The company has no debt in this arrangement and enterprise value has increased by $45M in the bank via this route.

4. PIs have a great chance of getting in on this now in backing up the truck with cheap shares as this goes much higher than 9p.

This method is being used in various mining companies that have all seen multiple bag rises in the SP. With all due respect I do not see the counter argument being proposed here. I have added to my holding so not being all mouth and no trousers.

Some companies have used Ecora and pay them royalties. It is a similar arrangement. All the extra recent drilling has created in reality the recovery of P1 funding being discussed. Other companies like Rainbow rare earths increased 33% on that news on a re-rate. It is quite clever what they are doing. Whoever is selling are giving away their shares on the cheap. This should close at least 2p higher by close of play. Whatever the case it goes up from here.