Ann: Outstanding Scoping Study Results - Tanbreez Project, page-21

The only problem is you apparently did not buy into EUR 5 years ago as you stated not held up until 18/01/25:


But suddenly on the 24/01/25 your status changes:



Besides this you cannot have a car in your garage and also state it is not deliverable...

So my question is, like I have asked before, why would you buy into a company and then constantly post only negative sentiment on this company? I call bullshit...

On a related note to @drinking's post regarding Rolands response. Besides the fact that Roland is Mountanbike 2.0 and only ever posts negative sentiment, he is a geologist and does not know all the ins and outs of transporting REE's etc... For example the tariffs are not all 25%, there is a 10% carve-out for critical minerals and energy resources, including some rare earth elements.

But the main focus of the scoping study was to reveal the revenue from Eudialyte concentrate which if you did the maths equates to $247,250,000 assuming you average the hill and Fjord concentrates.

The byproducts are a bonus if/when they get the approval to sell them on. The byproducts do have value but it varies greatly though $110 per tonne is on the low end of price for feldspar.

The feldspar estimate is for only 0.85mtpa as well which would equate to $93,500,000 @ $110 per tonne.
While the arfvedsonite estimate being for 1.1mtpa would equate to $55,000,000 revenue.

So when Roland states "58% of the revenue is therefore a complete furphy." I question how he does his maths as this is not 58% of the revenue.

I did notice that 34% feldspar and the same size 34% arfvedsonite somehow become different mtpa results which is strange and I am not sure why this is the case.