,,Been there, done that... We know where Geoff has been and what he has done. He was recently fired for mismanagement of a world class asset, unanimously, including former Lynas colleagues. He was previously partially responsible for the faulty planning of Lynas that got them in the pickle they are in now. It would seem that Matt has a hard time asking the hard questions to old friends. I love Geoff as much as anyone. Charismatic and well intentioned. But we needed to hear the truth, not the CMI plug.
Australian Strategic Materials are going to be one of the biggest players in this space. Nobody can compete with them outside China for a mines to metal model
Hmmmm....interesting listening to this person, given the state of Vital Metals now and the way he was pitching the company's future as Managing Director 12 months ago.
Most of those RE wannabees that are actually progressing in terms of mining production and/or buildout have several financial supports in place already - 'strategic' money that then encourages offtake entity arrival confidence along with further private backing, e.g., MP, Lynas, Vital, ASM, Arafura and Hastings. These companies will have their off-takers already considering/DD the factors that the two video participants are discussing. However, IMO, the larger majority of ROW RE wannabees will find securing these funding sources impossible to obtain. So, the arrival of these entity financing events should be of high interest to RE retail investors seeking to sort the wheat from the chaff while drowning in RE sector hype. GLTA - REI
A uk listed company called rainbow rare earths is worth doing some research on. They are based in South Africa and have a potentially unique project with good economics. They have nearly finished their pilot plant should have results by September?
The gypsum tech is very promising, especially if applied to west Sahara. It's a shame gakara got halted. Of all the places to have set up, that wasnt an easy one in terms of the so called Africa Factor. Even with the US ambassador on the board for the past couple years they haven't been able to restart it.
I think the trouble with Africa is that they assume everybody is trying take resources on the cheap so they get aggressive with companies and demand high royalties or free carries usually of 25%. If they don’t get their way they slow things down or cause a complete shutdown of operations which can last years. Hopefully rainbow can get the South African project moving without issues?
@@paulbrazendale3257Gakara is tiny and bordering irrelevancy. Especially when you consider the MOU recently signed with Mosaic in Brazil. That's a potential JV with a giant company and a giant source of feedstock.
,,Been there, done that... We know where Geoff has been and what he has done. He was recently fired for mismanagement of a world class asset, unanimously, including former Lynas colleagues. He was previously partially responsible for the faulty planning of Lynas that got them in the pickle they are in now. It would seem that Matt has a hard time asking the hard questions to old friends. I love Geoff as much as anyone. Charismatic and well intentioned. But we needed to hear the truth, not the CMI plug.
Australian Strategic Materials are going to be one of the biggest players in this space. Nobody can compete with them outside China for a mines to metal model
@@samtheeagle799 your exactly right ✅️
Hmmmm....interesting listening to this person, given the state of Vital Metals now and the way he was pitching the company's future as Managing Director 12 months ago.
What do you mean?
Most of those RE wannabees that are actually progressing in terms of mining production and/or buildout have several financial supports in place already - 'strategic' money that then encourages offtake entity arrival confidence along with further private backing, e.g., MP, Lynas, Vital, ASM, Arafura and Hastings. These companies will have their off-takers already considering/DD the factors that the two video participants are discussing. However, IMO, the larger majority of ROW RE wannabees will find securing these funding sources impossible to obtain. So, the arrival of these entity financing events should be of high interest to RE retail investors seeking to sort the wheat from the chaff while drowning in RE sector hype.
GLTA - REI
A uk listed company called rainbow rare earths is worth doing some research on. They are based in South Africa and have a potentially unique project with good economics. They have nearly finished their pilot plant should have results by September?
The gypsum tech is very promising, especially if applied to west Sahara. It's a shame gakara got halted. Of all the places to have set up, that wasnt an easy one in terms of the so called Africa Factor. Even with the US ambassador on the board for the past couple years they haven't been able to restart it.
I think the trouble with Africa is that they assume everybody is trying take resources on the cheap so they get aggressive with companies and demand high royalties or free carries usually of 25%. If they don’t get their way they slow things down or cause a complete shutdown of operations which can last years. Hopefully rainbow can get the South African project moving without issues?
@@paulbrazendale3257Gakara is tiny and bordering irrelevancy. Especially when you consider the MOU recently signed with Mosaic in Brazil. That's a potential JV with a giant company and a giant source of feedstock.
I wonder what Geoff would have to say about Vital Metals right now.
Woot!
Buy UUUU
Can we name drop some stocks lol