Arafura Rare Earth, page-107

Real Priscilla Queen Of The Desert stuff Birch - gold handcuffs oohoooh - don't worry they'll turn to diamond handcuffs in due course.

You got it so wrong unfortunately when your original trumping managements $$$$ were aligned to share holders value. Now very bitter and others whom did not see such - when I clearly stated over 6 months ago - share price targets should be the strikes. It's filth mate - these uckkers never throughout long well paid positions put their hands in their pockets and bought stock - now they line up with this - guess what - it aint the first time and people gotta realize we can not make Nolan's development - it's the corrupt systemic opportunistic abysmal journey many mining companies endure at this point - if at all they make it this far.

Keeping the bastards honest is a strong Aussie principal - sadly disappearing - look at the CFMEU BS - everything around money is infiltrated by many - of all roots - corporate to street.
I recognize this is the now common practice - sure not always - but very, very common. We retail can not make Nolan's progress through development - we have lost the handle so to speak - come on we are nothing in the big picture and whilst I do not like it I lump it because those gold handcuffs of mafia Darryl will turn diamond.

On another note - how's O'leary at ILU going and how that will improve Lynas and ARU going forward re that line wipe yesterday (and another I will mention shortly). So he's sitting on a pile of shit worth a billion - needs now 2 billion to deliver a refinery with no tech/many unknowns and FFS no mine for future supply after 8 years processing - yeah third party options if they prove their tech and their two assets down south that could in future - supply the Endeaba potential refinery - now - potential is the word and Aus Gov are not caving to their demands and rightly so - O'leary portrays many things re ex Beijing pricing etc but he portrays he is in a position of strength - come on - compared to ARU - seriously. Just sell your pile of shit to China refiners. ILU look increasingly unlikely - wow that does wonders for LYC and ARU delivery and growth - diamond handcuffs - ILU just stick with your sands - pathetic they are cash flow positive - paying dividends - yet want tax payers and no risk to process their pile of shit with of course the low interest rate and tax concessions - well not really they are just trying hard for their share holders because they can and have alternative options. Hopefully the govt will not deliver this loan but I feel in connection with Northern Minerals issues and processing of critical heavies potential - it may well happen. Speaking of - much - not all of ARU's NdPr supply is of no good without those critical heavies - dysprosium and we have a bit of that - well could be as much as 10% - it could be more value than the 20% NdPr targeted for spot market such will be the demand.

Oh line wipe woowwooo ARU - Lynas volumes and gains - so yesterday we saw (re smm today) Beijing's second half quota's released. I'll keep it short:

- 3 batches in 2023 saw total 255,000T an increase yoy of 21% to that of 2022.
- 2 batches in 2024 = total 270,000T an increase of just 6% from 2023.
SMM report suggests suppliers are holding firm on pricing - explains the 10% gain off bottom in past month - they had intel in what is all BS within the regime - interesting pricing times and quota's ahead over coming years.

Pretty sure we all know last year saw reduced RE exports from China - agree? Market is on to it - they increased production with 3 - not 2 production quota's - for domestic consumption to feed their - ooh their awesomely clever the Chinese - domestic needs for high end global markets. Now Beijing have reduced considerably annual production limits - early observers poured into Lynas and even ARU a little - for obvious reasons - this and ILU continued uncertainty and delays. Whomever can supply the ex China requirements to ex Chiona magnet makers - and tariff - conditions will do very well.

DIAMOND sunsets ahead on the banks of Mekong in Luang Prabang with a beer Lao and incredible people/culture and local coffee wow. No new fast train China built through Laos for me though - prefer the countryside and 2 day slow boat.