Member Info for Adastra

I was an investor here but became concerned regarding lack of information given how cutting edge ReZorce is. So many innovative product awards, ramp up trials and being immediately interchangeable on existing equipment should have precluded widespread use. Yet today's RNS shows Zotefoam has been blindsided by industry apathy. A loss for a move to a greener planet. Consolation for existing shareholders is strong underlying business and no more Capex directed to ReZorce. Only cloud may be post Olympic Nike destocking. Otherwise any temporary dip here could present decent buy in opportunity.

This deserves to revisit and supercede 350 in short order given the positive outlook and sector strengths of Volex. Patience should pay off as usual and a good price and ti.e to either get on board or load up. I can see Volex being on quite a few New Year buy lists and p/fs given the pullback.

I hardly think Nat Rothschild needs to signify his belief in Volex! He bought over 100,000 shares earlier in the year at 354.50 and currently holds 46,755,052!! One of you is a Muppet but not Nat R.

Next year 2025 is Chinese Year of the snake....Cobra?

And today's REE recovery rates do exactly that!

Loads of near-term triggers and a derisory under £10m MCap...... tasty morsel for a big Australian miners with scope for nice premium as this is proving up.

Excellent results from bench test 2

All this and in a safe and stable democracy intent on supporting REE projects.

The bench testing results indicating a massive increase in permeability and the expectation of higher REE recovery rates are very promising for Cobra PLC's potential success with ISR. Enhanced permeability is critical for ISR operations because it allows the leaching solutions to flow more effectively through the deposit, ensuring greater contact with the target minerals. If the testing translates into higher recovery rates during field operations, it could significantly lower costs and boost profitability.

The combination of these technical advancements with Cobra's current low valuation could make the company a compelling opportunity. If ISR proves successful for REEs on a commercial scale, Cobra would not only position itself as a leader in this niche mining segment but also tap into growing demand for REEs, which are crucial for green technologies like EVs, wind turbines, and electronics.

Volex now presents an attractive investment opportunity following its share price decline, which occurred after it dropped its bid for TT Electronics. The bid withdrawal came after TT's board rejected two offers, despite Volex proposing a substantial premium. Volex criticized TT's leadership for poor execution and argued the acquisition could have created significant synergies in the specialist electronics market. Now that Volex has refocused, its underlying business prospects remain strong. The company is a leader in power products and integrated manufacturing services, with solid long-term growth driven by trends such as electrification and renewable energy. Recent interim results highlighted confidence in meeting its outlook, showcasing stable operations and potential for organic growth. The share price drop creates an opportunity to capitalize on its robust fundamentals at a discounted valuation.

The retracement also suggests market recognition of the company's strong financial health and strategic focus.

In situ recovery (ISR) mining is a low-cost, low-disturbance method of uranium mining that can be used in the Gawler Craton of South Australia. ISR, also known as in situ leaching or solution mining, involves leaving the ore in the ground and dissolving the minerals to recover them.

Here are some uranium projects in the Gawler Craton that use ISR mining:

Cobra Resources

Cobra has a large land tenure in the Gawler Craton, including the Western Eyre Peninsula, which contains sandstone-hosted uranium occurrences that are suitable for ISR mining. Cobra is also working on the Boland Project, which is Australia's only ionic rare earth project with the potential for ISR mining.

Olympic Dam

This is the world's largest uranium deposit and is located in the Gawler Craton. The uranium is recovered as a by-product of copper mining

The compelling case for investment here pivots on 2 crucial factors: permeability and recovery

With regard to permeability, quote:

The excellent permeability observed in the second bench scale ISR study is expected to result in improved metal recoveries with implications for potentially lower recovery costs than were inferred from the results of the first test - which was, itself, successful.

Recovery percentages are already flagged as being very good. Current (subsequent) testing should show exceptional REE recovery rates. I will be absolutely stunned if they don't as all previous elation tests have been increasingly and progressively positive.

I see the result of the imminent testing being the stimulus that pushes Cobra well above the radar and focuses serious investors and institutions to analyse what is here. The potential here is actually (using a much over-used word) .... awesome. Not one for widows and orphans but the risk drops like a stone if the recovery rates match the increase in permeability.

It's got gold and REEs and awaiting crucial and imminent results of 2nd bench test on extraction data. The results could have a paradigm shift here. In situ extraction has been used for ages by uranium miners operating in adjacent sites. The easy extraction techniques requiring minimum Capex are proven and working. Key is in the increasing recovery rates that Cobra are proving up and the figures look pretty good. Last bench test showed huge increase in permeability and therefore extraction rates. Loaded and awaiting the hopefully exceptional results of the latest bench test due any day. Share traded volume is stepping up nicely as this could easily step change quote quickly. It would be extraordinary if other bigger Australian miners are not watching with equal interest. Secure and safe jurisdiction with a very proactive government policy to REE mining. Roll on next week.

Short-term pullback to new 300p level then renewed initial surge to 320 before a little consolidation then revisit 340 before striking new ground north. Fundamentals are sound and outlook good here.

With consistent short-term and long-term news to be generated from our multiple work programmes, we expect to deliver material upside to our valued shareholders."

Nat Rothschild’s approach as chairman of Volex demonstrates a focus on disciplined, value-oriented management. By stepping back from increasing the bid for TT Electronics, Rothschild reinforces his commitment to shareholder value and prudent financial management. This decision avoids overpaying for acquisitions, particularly when valuations and strategic benefits are contested, as seen in TT's rejection of the offer as undervaluing its future potential

Prelude to a desperate fundraise???

Where is this better offer??? Surely it should have reappeared or was it bravado on the part of a narcissist BoD?? One way or another TT is worth money but how much depends on getting rid of incompetence.

Yep, hopefully Volex is selling into this blip upswing.

Great news that Volex has dropped TT bid which should focus attention now on the excellent November 15th interim statement. Onward and upward from here. IC should also give big thumbs up