Member Info for Tornadotony

Rare Earths in the Defence Sector

In the defence sector, rare earths enable the development of more efficient, agile, and intelligent military capabilities and combat systems. They are now essential for, to name but a few examples:

night vision devices

precision guided weapon systems

communications equipment

navigation systems

batteries

stealth technology

drones

laser target designators

communication satellites

Alloys, superalloys, and high-performance metals are also used in armoured vehicles and projectiles to make them hard and tough. These rare earth metals and alloys can be found in a stand-alone weapon system or as part of subsystems that form part of a more complex weapon system such as a frigate or fighter aircraft.

UK to spend 2.5% of its GDP on defence and the rest of Europe to soon follow. 1 single frigate requires 1.5 tonnes of rare earths. USA and EU to stock pile rare earths from next year to ensure independent supply from China.

It looks like some news about to break or somebody has jumped in early.

Reetech

Why the hurry to find out data? Why all the exclamation marks? Why not write to the company directly and ask for the precise information you want and discover if the RBW wants to share costing data with a competitor company instead of using me as an unpaid expert. I do know the answer to your question and it is up to you to work it out and earn the research money your Chinese pay master has given you. I only answered your previous questions as it helped new investors buying RBW stock. My guess on why you need the info is to try and get a future pricing on MREC and particular REES to sell into Western markets at dump down cost to frustrate Western producers getting finance entering the market. We all know what your game is and all that high grading of rare earth mines and market manipulation in China will not work. In the end tariffs get slapped on to support independent supply lines and secondary tariffs get applied to buyers of Chinese undercut rare earth prices on any product they put them in. Tony

Https://en.trend.az/business/green-economy/3893590.html

Transforming green economy needs copper.

Providing AAZ have done a good job of the safety and design of tailings dam extension approvals should happen this month for the company to offer something useful to say at COP29 24 November. They need a July to September quarterly report to do that otherwise we just have mountains containing copper to look at, no matter how nice photographically it is.

I always find it reassuring when the short side do not bother looking at the company website or visiting CEO presentations.

The Detailed feasibility Study is to undertaken later this year which gives far better costing analysis.

https://www.rainbowrareearths.com/wp-content/uploads/2024/03/Investor-Presentation-March-2024-1.pdf

The attached states that front end is going for a carbonate MREC. Opex was $33.86 per Kg magnet rare earth.

Unlikely to be REE oxides as that would be a back end flow sheet operation in USA. Phalaborwa Flowsheet for MRES and MREC was completed in the pilot phase last year. The project was de-risked in that it was profitable at the MREC or MRES stage at the lower end of market prices.

Gold has now lost major support as support line at $2291. Zero ounces left Comex yesterday as 58,000 ounces were deposited. The Chinese market is seeing signs of breakout yesterday on various stocks and so they may now be selling some gold to buy them and taking gold profits. USA data also gave red flags on inflation in that it is clearly going back up. Instead of rate cuts the data is putting pressure on for a rate hike. USD also went up and added to gold woes.

Centamin heading for 116p tomorrow in my opinion. Centamin support lines of note are at at 116p, 111p and 105p. Gaps in Centamin chart close off at 109p.

If anyone bought into Rainbow rare last week when i mentioned it you would be 24% up at this time.

I have taken up another small position in Resolute mining. Another junior that has a positive balance sheet. 46M debt but $81 M in cash and bullion end of March (RNS came out today). They expanded reserves to cover two years of production last year. The company website is well set out. The hedge was closed end of March. All the best Tony and good luck with your investments after 8 May.

Better name is "The incompetent irresolute". It is the opposite of Resolute Mining.

Entry buy at 22.46 this morning. Reminds of Shanta gold that has recently gone private and delists 8 May.

This morning it was not possible to buy any unless small amount. Not surprised the SP is going up as they try and pull in shares to meet buy orders.

AAZ has made some mistakes in the past few years mainly invetor partnerships. However, I suspect a significant amount of engineering analysis has been taken on board on the increase in dam height and all the mitgation steps taken to ensure the design change is sound. The Azeri Government are likely to peer review the data with their own experts. They would have needed a month to assess all the data and officials probably took two weeks to pass all the documentation to experts. After working independently the peer reviewers may meet the government at a meeting and review all their advice. The results should be known some time in May in my opinion and the government would sign it off if everything is okay.

I sense the Azeri Government has boiled the AAZ frog for sometime. They need to start moving on this to allow the company to earn income and grow the business. Hopefully AAZ will not be drawn into other ventures abroad.

Currently Rainbow Rare is my largest portfolio investment outside of cash. May the recovery in SP continue.

Hi Mr Bond

With regards to my portfolio for this financial year, I have reduced it 18% overall thus far and put it into 5% interest fixed bonds. I am mainly in cash at present If Centamin does not pull back, I am likely to stay off and not chase the FOMO especially on the back of Chinese high roller speculators. For those holding I wish you all good luck. I will be writing less on the board as I hold no positions but will put in the odd message. Tony

No gold withdrawn from Comex yesterday. 32,000 ounces received as a deposit. Interesting to see how things now play out.

Looks like over 7 tonnes left Comex for delivery yesterday. 241,000 ounces of gold.

I suspect the drop to $2300 helped unload 8 tonnes of gold, 261,000 ounces out of Comex on Monday. Looks as if it may have gone to Hong Kong. More options to probably unwind in the next 24 hours. The delivery is equivalent to around 2% of global demand. However around 80% of global demand has shut down with the price action. Gold needs to find physical buying support in the coming weeks.

Centamin drop from 132p to 124p is in line with Gold retreat to date.

Not as bad as HoC but similar to Centamin on Q1 performance. 2-3% drop possible.