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Agreed, just topped up again this morning. When this finally starts to go you’ll be sorry. Kicking myself I didn’t load up sun 9p
GLA
But I just can't seem to pull the trigger
Not a great end to today’s trading. Canada down today.
Pure speculation but perhaps this new solar farm is part of the MDA bargain... I am a speculator after all
I wouldn't be so sure - someone appears to know their Fibs ...
Can’t believe this isn’t much higher every looking great , still may get a chance to top up before MDA signing.GLA
Https://twitter.com/BladeyRsv/status/1725147704974585934
Massive endorsement for the Hypromag tech!
Great video. Definitely a hint that things are up and running. Commissioning about to be announced surely
SUSMAGPRO video released today.
Is this confirmation the UK plant is currently producing 50T/pa Neodynium powder?
https://www.youtube.com/watch?v=63z2oli6Qgc
Now that's exactly what the doctor ordered. 2024 bull market on the way
There's a major fly in the ointment though mate - the failing economics of green energy, wind farms etc.
Oh but wait - here comes the govt money - again ...
BREAKING: UK government moves to rescue the offshore wind sector with a massive increase in guarantee prices for future offshore wind farms.
The maximum strike price has been increased ***by 66% for offshore wind projects***, from £44/MWh to £73/MWh
Hot off the press today.
https://x.com/bonker_99/status/1725140781499900392?s=20
So much to look forward to, however ofc the government and ministry comments about signing our MDA in the next 6 weeks has given us a nice boost
What value does the MDA bring?
- unlocks financing
- gives value to the project as it then becomes construction ready (can be sold also)
NPV before the price crash was $559m, even if we halve that and give 10% to MKA that's the current market cap (11p per share give or take) so then the recycling tech and Pulawy + other assets + cash behind the sofa becomes free
Huge value increase for Maginito potentially around the corner
MKA owns 80% of Hypromag, via cotects investment for 20.6% would imply group value of £17.7
That was before
- selected by MSP
- US JV DFS
- £1.4m wind turbine project
- German Plant Funding
Upcoming major milestone
- Commissioning of the plant and scale up
- 100t/pa of NdFeB magnets currently valued at around £7m PA give or take (hard to value as priced in Yuan and dominated by China so volatile)
Should commissioning take place and production start in the next few weeks, id expected our investment in HyProMag to at least double from the face value it was given by the Cotec investment - so should be looking at ~£26-£30m+ of value to MKA there maybe a lot more (Cotec will let us know I am sure)
So MDA lands and recycling plant gets commissioned, id expect our market cap to comfortable sit above £55-60m and then increase as financing for both the tech, the mine and revenues come in. Current market cap £28m, would be happy with around 22-24p per share by Y/E - then with scale and revenues, mine financing double/treble that in early 2024. Very possible and I've probably undercut us there as I like to remain very balanced.
Quite right gp: my morning top up shows as a sell.
Same here cristal 4.25 average and never sold any at 38p odd. Why I am not really sure!
Just over 7 years and counting already :-)
Stick around long enough and I think you may see 80p in all honesty - not anytime soon though of course :)
With the spread buys will show as sells
I think the base is now 12.5p (last placing). All stocks in the space have been revalued along with the price of the commodity.
The advantage here is the multiple bow strings mine, refine, recycle with the recycle value alone at 9p. Production will start this quarter.
Interesting time
We should be seeing a rise from the base of 25p though - so all of this action is just starting us back on the journey to that. still holding for 50p +.
Over years of being invested in this share you can see patterns being repeated. As some others have said, it felt like it was being managed/held in the 8s, with all the good news flow on the recycling basically having no effect. The pressure valve now seems to have been released and I expect it’s time to make up for the previous lack of reaction to positive recycling RNS’s. One thing I do know on this share is that when the MMs let it go they really let it go. GLA
Canada mka up 30%.
Feels like another blue day tomorrow.
No surprise this is coming out of the doldrums. An easy hold at 8p, even with all the bizarre off loading. I mean, we've had nothing but excellent news over the past few months and now looking really good to get the full hit "mine,refine, recycle". I reckon Santa's going to deliver each and every one of us a big bag of Swag.
Guessing a buy, shows that it won't take much to move this north once the story gets out and more followers.
Not long to wait till MDA is signed , will we see a rerate I hope so. What I do know is there’s a lot of people who will take a punt .
Still relatively cheap and time to gather a holding, hold on I can see a race for shares.
GLA