Big Picture – A Deep Dive Examination of Rainbow Rare Earths Limited
Rainbow Rare Earths Limited Snapshot
Rainbow is focused on generating significant value from the extraction of high grade, high quality Rare Earth Oxides (REOs) at its Gakara Project and in turn, being a significant contributor to Burundi’s developing mining sector. With in-situ grades in the range of 47-67% Total Rare Earth Oxide (TREO), Gakara is one of the world’s richest rare earth deposits.
Rainbow has a 10-year distribution and offtake agreement for exclusive sales of at least 5,000 tonnes per annum of concentrate with thyssenkrupp Raw Materials, an active worldwide metals trader with offices in key markets including Europe, North America, South America and Asia.
With a focus on achieving sustainable, long-term production from the Gakara Project, the Company’s development strategy is to:
- Achieve new production target run rate of 5,000 tonnes per annum during 2019
- Expand exploration activities to target wider mineralised potential of Gakara
- Delineate a JORC Resource Estimate to provide further tangible value of Gakara’s significant commercial rare earth mineralisation
The highest grade rare earths mine globally, and the only producing rare earths mine in Africa
. HIGH GRADE
. MINING & PRODUCTION EXPANSION
. ATTRACTIVE RARE EARTH MIX
. SIMPLE PROCESSING AND LOW OPEX
. FULLY PERMITTED
BOARD OF DIRECTORS
After qualifying as a Chartered Accountant in 1997 Martin embarked on a 15-year career in corporate finance, corporate broking and equity capital markets in the City, rising to the position of Managing Director at RBC Capital Markets in London. With long experience of natural resources companies and transactions Martin joined the Pella Resources Group as Business Development Director in early 2014 and was appointed Managing Director of the Company later that year.
Adonis is an entrepreneur whose expertise lies in the discovery, exploration and development of natural resources across Africa. Having worked in the sector for over 25 years he has extensive experience and a wide network of industry relationships across the continent. Adonis is founder and chairman of Petra Diamonds (LSE: PDL), founder and director of Chariot Oil & Gas (AIM: CHAR) and founder and chairman of the Pella Resources Group. Adonis holds a Bachelor of Science Degree (Honours).
Shawn is an International Affairs specialist with more than 20 years’ political and extractive industries sector experience having served in The White House as Director for African Affairs on the National Security Council (Washington), Political Affairs Director of BP (London) and Vice President of TNK-BP (Moscow). He is currently Managing Director of Connaught Strategies Ltd and an adviser to the Pella Resources Group.
Robert is Managing Director of the Guernsey based Artemis Trustees Limited, and a director of a number of investment fund management companies and investment funds associated with Artemis Trustees Limited. He has over 48 years’ experience in finance and accountancy of which 38 years have been spent in the Guernsey financial services industry. Robert is a director of several companies which are quoted on the London Stock Exchange. In the natural resources sector, he is a director and Chairman of the Audit Committee of both Chariot Oil & Gas Limited and EF Realisation Company Limited. In the property sector, he is a director and Chairman of the Audit Committee of Picton Property Income Limited. Robert is also Chairman of Schroder Oriental Income Fund Limited. He a fellow of the Institute of Chartered Accountants in England & Wales and a Member of the Institute of Chartered Accountants of Scotland and the Society of Trust and Estate Practitioners. Robert is a resident of Guernsey.
Alex is the co-founder of Telemark Capital LLP, a partnership focusing on capital advisory and asset management. Through its consulting subsidiary, Gunnerside Advisors, Alex is also involved in providing governance services as an independent investment committee member to a variety of advisory panels. Prior to this Alex worked for 13 years in investment banking. He was a director at Deutsche Bank and then RBS from 2004 to 2012, having started his banking career in 1998 at ABN AMRO. Through these positions, he has gained extensive market experience in primary and secondary equity offerings including bringing companies to market through IPOs (including structuring, marketing and distribution). Alex graduated from Durham University with a BA (hons) in Combined Social Sciences, and he is also in the process of completing an executive MBA from Henley Business School.
Is a corporate CEO with extensive experience in tech, government contracting and regulated industries operating on all six continents. Over more than 20 years he has led more than 50 M&A and JV transactions in more than 25 countries and both managed and served on the boards of several highly regulated businesses. Currently he serves as Non-executive Director of Gaming Realms Plc, a mobile games publisher, and as Chairman of Meridian Gaming, regulated and operating in more than 30 countries, with a large footprint in Africa, Central and South America and Central and Eastern Europe. He has previously held divisional CEO or President positions with IGT (NYSE), Aristocrat (ASX), and Real Networks (NASDAQ), as well as a venture capital firm. He previously trained as a Chartered Accountant with KPMG in the UK.
KEY SHAREHOLDERS AS AT 1 NOVEMBER 2018 WHO WHICH HOLD MORE THAN 5% IN THE COMPANY:
29 Lincoln’s Inn Fields
+44 (0) 20 3910 4550
St Peter Port
PR & IR CONSULTANT
St Brides Partners
3 St Michael’s Alley
+44 (0) 20 7236 1177
Artemis Secretaries Limited
St Peter Port
Arden Partners Plc
125 Old Broad Street
London EC2N 1AR