RAINBOW RARE EARTHS LIMITED (RBW) — Interim Results

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the RAINBOW RARE EARTHS LIMITED investor presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged. They can be submitted at any time via the q and a tab that's just situated on the right hand corner of your screen. Please just simply type in your questions and press send. The company may not be in a position to answer every question it receives during the meeting itself. However, the company can review all questions submitted today, we'll publish those responses where it's appropriate to do so on the investor meet company platform. Before we begin, I would just like to submit the following poll. And if you'd give that your kind attention, I'm sure the company would be most grateful. And I would now like to hand you over to the executive management team from RAINBOW RARE EARTHS LIMITED. George, good morning, sir. Good morning, and thanks for hosting RAINBOW once again. It's been, I think, six months since our last update, so it's appropriate, especially on the back of our interims. So I'll go straight away into the presentation, as you can see, hopefully, on the slide in front of you. And we will go to the usual disclaimer, and now I can get on to the presentation per se. Once again, many of you have seen this slide before. It just footprints our economics based on the preliminary economic assessment we published in October 2022. I would like to point out once again that we only started working on this project in January 2021. So we achieved a major milestone on a very fast track basis by getting out a very positive PEA in October 2022, highlighting the strong and robust economics of the project based on spot risk pricing at the time. And unfortunately, risk ...