Member Info for Tornadotony

2023 Annual report

... aim of submitting a mining licence application in mid-2024. In parallel, we have started to assess the funding options for the construction phase of Doropo with the aim of reaching a final investment decision point in late 2024 with a fully funded construction package in place alongside the requisite in-country permits required to enable the Board

to make an informed decision on the construction phase.

Socialism = shoot the cows and throw away the milk.

I always intend to pull out on TD approval. Made 8% profit and may well come back to AAZ when I get a better idea of their finances. Wishing all long term holders good luck. Tony

Https://www.metal.com/Rare-Earth-Oxides/201102250162

PRE has just followed Chinese NdPr prices down over the past month. As usual China dumps its metal on the markets to upset non-Chinese funding decisions on future market supply.

I have been loading up slowly on Fresnillo all around 551 to 552 area. Around half way in and now seeing what happens. Can average down if it pulls back but makes little sense as profits are soaring.

16.96 to 18.68 Should help lower costs for Fresnillo.

Https://wallstreetonparade.com/2024/06/crypto-just-got-exponentially-more-dangerous-meet-fairshake/

Currently 4p discounted on 2024 earnings with gold per ounce average future price at $2206 since 1 January. 2023 year average was $1955. SP and gold price match 2 April 2024. We shall see how the low plays out, but I suspect 112p may well hold unless gold seriously plummets down near 2200 per ounce.

Looks like a bargain hunting auction today and then back to a stable SP again.

Tailings dam raise approved, brilliant.

As the company can not be bothered.

As of 16th April 2024.

Lombard Odier (europe) 19.11M shares 5.22%

Bank Julius B 13.73M 4.23%

Lombard Odoer Asset management 7.07M shares 2.18%

FIL Investment Advisors 6.06M 1.87%

UBS Asset Management 27.28 M 8.41%

Hargreaves and Lansdowne 53.15M (Mainly PIs)

II 29.36M (Mainly PIs)

Ninety One UK Ltd 1.33M

Barclays Bank 10.29M (Mainly PIs)

Courtesy of FT..

I could not agree more with you Kooba. I am so fed up with this company that can not be bothered to update their company website. There is very little effort to give polished presentations and communications.

Https://www.energyfuels.com/2024-06-10-Energy-Fuels-Achieves-Commercial-Production-of-On-Spec-Separated-Rare-Earths-at-its-White-Mesa-Mill-in-Utah,-While-Simultaneously-Advancing-Uranium-Production

The output is 3 fold greater than Rainbow rare per annum. However, it proves the technology concept on what RBW are doing as sound. Rainbow Rare earth need to move things along at God's speed. What we do not know is the cost of the methodology above and they are using mining ore not gypsum stacks and so have less environmental plus points to RBW's project. Tony

Charteris owned 300,000 AAZ shares and is not a distressed outfit. However, they are more interested in silver miners and could see a profit elsewhere if it was them who sold out. The company really does need a decision please on the tailings dam, like in the next week or so.

I wonder who the distressed seller was.

No Cowichan,

Some of us are not impressed with Cameron flying around in private jets wasting millions of our tax monies and then saying being involved in the Ukraine is a profitable war, and for him that might be true, but not for the millions of people living in the UK.

Rebess

A year ago Zelensky wealth had surpassed $20M.

Tony

58.7p lowest I have ever paid for AAZ shares. Not sure why the sudden drop from 67p.

RNS response was at best neutral to slightly negative.

The current issues of the war in Ukraine have everything to do with wealthy oligarchs in both Russia and Ukraine. USA and UK politicians have sided with Ukraine oligarchs for their own personal gain. Kiev incidentally was the capital of Russia and in 1955 Crimea was gifted to Ukraine from Russia by a Ukraine premier in charge of Soviet Union. The UK people had no vote in the Ukraine war but we have all our public services wrecked. Trump is correct, the first thing to do do is to agree an end to the Ukraine war and have a DMZ line similar to North and South Korea.