The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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..came up as a sell as usual!
Very good analogy - especially as I am TOTOlly all in on this. Just going to buy a few more now - blow it.
Very funny analogy silvermaple, made me chuckle. As you infer there doesn’t seem to be any rational reason for it and I suppose we will never find out why . Realty frustrating though, I reckon the share price would be in the 18-20p range at the moment if it hadn’t been going on.
The calm before the storm maybe? Hopefully the wizard's behind the curtain pulling his levers like crazy to produce an MDA and get those magnets rolling off the conveyor belts at Tyseley (in front of the TV cameras)
That not one of us on this board can come up with an explanation for the large blocks of shares that continue to be sold in and around 10p. this is the only aim traded stock that I own and after following it for some 6 years now I can honestly say I have absolutely no idea how the trading on this exchange works. it's like the wizard of oz behind the curtain pulling all the levers. it all seems rather complicated from the outside looking in but in the end it's just this frail old dude running the whole show. and in this case it seems like this guy starts drinking whiskey around 8 in the morning
US Dept of Treasury squeezes Nickel/Rare Earth supply along the same lines as the EU's Critical Mineral Act
https://x.com/bonker_99/status/1732007825478455499?s=20
:)
I’ll be absolutely staggered if we get an MDA announcement this side of Christmas.
Expecting 2 major pieces of news in the next 2 weeks -
- Songwe MDA.
- Hypromag recycling plant commissioning.
Very interesting times
I just don’t get why anyone wants to keep the share price down. Every time we get positive news and the price starts to rise we get a flurry of 50k/100k sells to bring it down again and this knocks a lot of people’s confidence and dissuades them to invest more. I’ve seen distressed selling before but this seems different to me as it has been going on for weeks at all different price levels. Does anyone have any ideas as to why someone wants to suppress the share price at this point in time?
Should've read "trade lower than the current share price after MDA"
Got myself a lorry load of popcorn for December, this all feels closer than ever now. Anyone saying this will trade lower than current share price is on drugs, at this market cap with MDA in hand and Hypromag news the sky isn't even close to being the limit. If it rolls into January, so be it. Another buying opportunity will present itself.
This has got to explode at some point, surely. The potential for scale vs the current mcap is ludicrous. Fingers crossed for a Christmas present from Monica.
Thats correct.
Last couple of days were red though
Maginito and CoTec launched the roll-out of HPMS technology into the US during the quarter with the
following activities:
o Evaluating the development of recycling, chemical processing, alloy and magnet manufacturing;
o CoTec and Maginito to form 50/50 joint venture for US developments, with CoTec to fund
feasibility study (the “US Feasibility Study”) and project development costs; and
o Engagement with US Government, potential customers and recycling partners.
• Based on positive scoping studies to date, Maginito and CoTec have commenced planning for the US
Feasibility Study for the United States operation, targeted for completion by mid-2024
I would love that but there's only 15 days of trade left plus 3 dead days between Christmas and NY
It's not a red day
All looking even better financially than I'd anticipated.
Usual AIM traders panic selling on a red days.
Hopefully we've consolidated previous price gains from a ridiculous 8p. Next leg up now
Not much available to buy chaps - I've tried ...
Plenty of interest here still I see.
December tomorrow.
Https://www.proactiveinvestors.co.uk/companies/news/219475/mkango-resources-sets-itself-for-rare-earths-upswing-as-evs-take-off-219475.html
Initial predictions include the potential for US$50 million a year of revenue based on an operation that produces some 500 tonnes of product per year. Potential operating scenarios could target EBITDA margins between 35% and 40%, the company added
£2m cash left - that's better than we thought?