Member Info for Tornadotony

The original company plant in that area of Canada starts with a traditional hard rock mining source. All they are doing is adding an alternative down stream processing route. The clue was rare earth chloride and that can only be achieved with acid processing, I assume HCl at the upstream processing stage. When looking at the costs and processing the entirety has to be examined. It may prove to be a useful modification using these alkali cells on what they were doing before,but it does not replace what is going on here with RBW using material already mined and partially processed.

Https://rumble.com/v2m0enk-dr-david-martin-european-parliament-international-covid-summit-iii-5-3-23.html

Wish I had known what Martin presented.

Https://www.iol.co.za/news/politics/opinion/karpowership-deal-could-ease-burden-of-load-shedding-56c38fbd-e487-4975-b020-8457d16a33cf

Https://www.youtube.com/watch?v=m0WLUyfGHFU The FED to hike rates in June.

Sundrum,

They do not fancy paper gold contracts that rarely deliver physical. Jewellery trade is keen for lower prices in the physical market. Most of my equity positions are gold miners. Shanta gold is a good one to follow. Look at what happened to the gold price late 2020 to March 2021. In 2008 up to October then during March 2020 where a recession was prevented after two weeks and created the mess we have today. Elliott Wave analysis predicted this drop in gold as sentiment was at a record high.

Tony

The additional waste stripping at Sukari completes end of 2023. Company should make more profits in 2024 coupled with increased output of gold ounces.

SP

Keep an eye on the gold retreat. So far it is just a seasonal move, however the deeper the descent will reveal how bad a recession will be. Have cash as one of the portfolio positions. Tony

The current retreat from 2080 gold price could set a marker as to what kind of recession is likely to arrive. If the recession is to be worse than 2020, 2008 and in 2001 the gold price would fall below $1680 per ounce and the recession would be prolonged and graded as highly severe. The rally in gold can be at the start of half way through a recession. Gold is the early warning system for both a downturn and a future upturn. Thus far gold has not met the mild recession criteria and is in a spring seasonal retreat range.

SP

The market at the present time for liquidity is absolutely dreadful. It does not matter what sector unless it is in artificial intelligence which is the current mad house pump, everything else is on the back burner. A company managing financially resources carefully at this time is where to be. A company spending millions every quarter on Directors not taking some pay cuts creating debts that diminish the company enterprise value is not a good look when a recession wave is on the horizon. JP Morgan have advised people to hold a lot of cash for what is coming down the track. If USA politicians think a default is a good idea like Trump then they have to own the consequences.

China

The company pilot plant results will be out soon and will dispel the issues that you are raising about the chemistry.

Independent analyst sources that can be found on the web rate Pensana at 19p at the present time. They will need to a share raise very soon. China I would concentrate on your own investment on the PRE Board.

Cowichan for some people wetting one self can be a laughing matter if you are watching comedy on TV or in a theatre and you overdo it. Reminds of Mike Yarwood (comedian) warning older ladies that other people had to sit in their seats in the next performance.

Cowichan

Thank you for your efforts to depress the share price as low as possible for us to acquire lots of really cheap Centamin shares. By all means keep up with your efforts although the gold price falling is probably the main architect of events. I listened to the AGM and I can not understand why they waste time in West Africa where they could buy Shanta and have what amounts to a new Sukari mine in West Kenya at sky high grade. Why waste time at 1g per tonne when you can buy an asset that has 5 to 6 times as much. Centamin would become a 600,000 ounce company a year overnight with one brand new mine operational at Singida with $5M Capex can deliver 64,000 ounces per annum from 2024. The reserve base in two years would increase by 8M ounces. 22p a Shanta share could do the deal imop. Centamin shares would increase in value as well.

All the best Tony

Fully expected and it is nothing to do with the company. Hold fire on going in. Gold can drop back much more. This is a recessionary red flag and gold price falling is the canary in the mine. The original forecasts suggesting H2 2023 was a recession is probably spot on. If gold offers a relief rally be nimble as we could end up buying gold at 1800-1820. Trump wants a default on the USA debt and he may get what he wants, but he may well have to own it.

China,

This was moved to a 2026 plan some time ago. The model proposed has far less risks than a conventional mining rock processing miner and far lower start up costs. Rainbow is heavily backed by USA. It also has data from other stacks in other countries. Rainbow could get bought out on several multiples of the current price.

Pensana is likely to do a dilution after 8 June. It will be necessary to keep the lights on. They will be pushing on the same fronts they have done so for the last year. However, it in a market where banks are just not loaning to companies without on-going revenues on the balance sheet, strategic investors are hoarding cash as we go into a recession and the bond market has been shut for mining projects such as Pensana since April 2022. Pensana also has a very high mining and refinery cost and after 5 years the ore grade from rock declines by 35% or so. The strategic investor is in no hurry to fund Pensana and any further dilution after June with no funding process is a death spiral on that stock. Funding committees are not stupid. Organisations like M&G may soon face cash calls to pull out funds and some of these are charity organisations that are in real trouble. Pensana is becoming very high risk and the situation is binary and the management have been honest to say they are working on the basis of being hopeful. Rainbow Rare Earths is quietly progressing and the owners are putting a lot of their own money into the company.

All the best Tony

102p handle area is $1949 futures ounce. Centamin so far moving in advance of gold pull back later on.

I just want clear communications from the company, a diary of events so investors have something to look forward to. Do they have new patents being filed, do they intend to show their relevance on the artificial intelligence (AI) scene and how their technology can be used at some kind of AI event. As for the runway are they continuing with more than two customers. Do they have an updated business development model. Will there be additional licence deals after Samsung. Instead we are not getting any news. Using Edison gave some information but that appears to have stopped.

SP

Do a one year chart comparison between Bluejay and Pensana.

Tony

SP

Look what is happening to bluejay mining which had wonderful strategic relationships so they thought and is now desperate for funding. The situation on Pensana is quite critical. I would not waste more time on the Pensana Board.

Tony

Published last week. FED corruption for personal benefit. If you give people total power without any proper accountability you get what the Senate were discussing. FED only serves itself and ultra wealthy.

https://wallstreetonparade.com/2023/05/serial-ethical-lapses-at-the-federal-reserve-will-come-under-scrutiny-in-a-senate-hearing-tomorrow/

I asked if all 32 staff were holding hands to contact the living.