Member Info for biffa

This is the big one that could double the SP when they announce the initial valuation which Cotec isn't involved in.

Mag USA is 50/50 or 60/40.

Both great investments but for me Songwe gives MKA the kicker?

Nothing wrong with a bit of profit or trying a trade, but I think we all know £60M is a bit of a joke.

Songwe £25M. Cohen in talks for funding a multi $Billion REM mine.

USA operations £15M. USAR now worth $1.5B on a good idea.

UK/Germany/Japan £15M. Say £5M each.

Cash/IP £5M.

So fooking cheap it is insane!

If FTC can go from 5p to over £1.00 in a year once spaceX orders came in, I'm pretty sure we can do the same.

Aim/uk market is completely broken but if you stick with the gems then you have a chance of getting in before the herd.

This is only going one way as news/partnerships/holdings/production etc kicks in.

probably worth a discussion about our 21.24% newish owner vitol. a multi billion $ commodities company.

talaxis is owned by noble group that got into serious financial difficulty (good for us as we bought back % ownership)

vitol completed acquisition of noble group on the 1st jan 25.

if i was them i would be running a slide rule over mka rather than watch somebody else run off with all the loot.

they must have noticed that a lesser company, usa rare earths is currently worth $1.5 billion and that songwe is probably worth another $0.5 billion.

basically mka is worth more than 20 times it's current $80m market cap using the back of the *** packet.

40p vs £1.60 in case you forgot.

I don't think we will make it to Spacland.

Cohan will be taking offers for the whole lot rather than book building.

11% of Songwe is Dysprosium and Terbium.

USA Govt spent $350M on their new Malawi embassy which will be ready next year.

A $250M quail govt investment in Songwe looks a pretty good deal.

The new U.S. Embassy in Lilongwe, Malawi, is estimated to cost $372 million to build. The project is expected to invest an additional $90 million in the local economy, with an estimated completion date of 2026. The total project budget is $372 million.

Last time I looked at the AR family Fowler where taking close to £700K in pay/bonus/pension etc.

Going forward are any of them needed?

Probably not.

CoTec are valuing their 50% of Hypromag USA at C$189M which is bang on £100M!

Finger in the air by CoTec or achievable value? Either way it's great for us.

This week, Mkango announced that the final stage of hydrometallurgical piloting at ANSTO for Mkango’s Songwe Hill Rare Earths Project (“Songwe”) in Malawi has successfully produced rare earth carbonate grading 55% total rare earth oxides (“TREO”) equivalent, enriched in neodymium and praseodymium (“Nd / Pr”) oxides, which together make up 31% of the TREO within the rare earth carbonate product (i.e., Nd / Pr oxides / TREO = 31%). Neodymium and praseodymium are key components of permanent magnets used in electric vehicles, wind turbines and many electronic devices and prices for Nd / Pr oxides have risen by 85% and 135% respectively over the last 12 months.

Looks like Cotec have got bored of the 50/50 and 80/20, which was aways very confusing and have decided to go full 60% in the last RNS/email 21st March.

HyProMag USA (60.3% direct and indirect ownership by CoTec)

Https://www.emotec.net/projectsusmagpro

Can't remember if already posted but nice to see validation of our system.

The European Commission received 170 applications by the 22 August deadline for Strategic Projects under the Critical Raw Materials Act (CRMA).

This strong response reflects the private sector’s commitment to strengthening Europe’s supply of strategic raw materials. This robust engagement is crucial for enhancing the continent’s self-sufficiency in clean technologies, defence and aerospace applications.

The applications cover many of the strategic raw materials identified under the CRMA, including Lithium, Nickel, Cobalt and Graphite for batteries, as well as rare earth elements for permanent magnets. They span all the stages of the value chain with 77 applications focused on extraction, 58 on processing, 30 on recycling and five on substitution.

While most applications (121) are from within the EU a significant 49 were submitted from outside the EU. All received applications will now undergo a completeness check, followed by an assessment supported by external, independent experts. Based on these assessments, the Commission will prepare the draft list of the selected strategic projects for discussion with the EU countries during the CRM Board meeting. The goal is to finalise and deliver the first list of strategic projects before the end of this year.

The European Critical Raw Materials Act entered into force on 23 May 2024 and aims to ensure a diverse, secure, and sustainable supply of critical raw materials for the EU's industry. Secured access to critical raw materials is essential for strategic sectors including clean technologies, digital, defence and aerospace industries. This Act strengthens domestic capacities and consolidates the sustainability and circularity of critical raw material supply chains in the EU while continuing to pursue its diversification efforts.

IG have been closed to longs for about a month so I've been picking them up via Spreadex which is still open to longs.

I will keep an eye on the 18% to see if I can knock it down a bit!

The market has seen the value of $USAR hit $1.5B .

Myles has given an excellent write up of the fact that MKA is potentially a better company.

Pretty good chance of someone taking us out pre SPAC for £60M and relisting different parts at $1B a piece on the NAS?

Must be someone out there doing the sums?

Or April 30th could now be the last week of May/first week of June so about 4/5 weeks.

FFS. It's taken 10 years to get to this stage so bloody brilliant news in my book.

Don't know much about Pantheon family office or their net worth. Might be worth a look.

Either way this is surely end game for the Fowler family involvement in WSG.

Pantheon have taken 7% at 2.4p and 21% at 1.2p. 29.9% is their limit.

The Fowler clan and listing costs run at over £1M a year.

I don't think Pantheon have much interest in just being a lap dog to Mr Fowler and his siblings so my thoughts are a full take over at say 2.4p (highest price paid for 12 months) once we get past this 90 day wait/signing?

Or they push for a delisting which will crash the SP to 0.1p, they will pick up another 25% and go private.

Hate to point out the obvious but there is no doubt that rare earth minerals and the future supply is now the most important part of the USA govt agenda. Perhaps Musk has explained to Trump that we need xyz year in , year out and at the moment we have jack sh+t!. Will it be a deal with Ukraine or Putin, who has now offered the USA partnerships in Irkutsk,Yakutia, Caucasus etc (Get the Risk board out to see where they are !)

Every investor in the USA will be looking for an entry and MKA should be top of their list if Cohen and Co are doing their job.

Question is , will we even get to Spac or get taken out before?

Mkango owns the advanced stage Songwe Hill rare earths project, an extensive rare earths, uranium, tantalum, niobium, rutile, nickel and cobalt exploration portfolio in Malawi, and the Pulawy rare earths separation project in Poland.

Songwe Hill is one of the few rare earths projects to have progressed to the Definitive Feasibility Stage, with an expected life of mine of 18 years, producing a 55% mixed rare earth carbonate, yielding 1,953 tons per annum of NdPr and 56 tons per annum of DyTb.

Mkango's proposed Pulawy separation facility site, located in a Special Economic Zone in Poland, stands adjacent to the EU's second largest manufacturer of nitrogen fertilisers, and features established infrastructure, access to reagents and utilities on site.

Mkango's mining projects in Malawi and the Pulawy rare earths separation project in Poland are the Subject of the Transaction.

He didn't take part in the 5p placing or the later 8p placing but happy to invest £50K for 450K at 11p.

Interesting to note he picked up 250K @6p between those placings using bonus/salary sacrifice as a tax efficient way to invest.

None of that here (true cost is £70K as he has paid tax etc etc) which reads to me he had a small window of opportunity, (not being inside on exact deals/contracts) but knows full well what's coming down the tracks.

This is only going one way imho.

From Venture last week.

Assume they finally have a home heat pump to sell!

Looking forward to joining our European partners this week! First stop Lille - to showcase the Plus Energy Building, a hashtag#retrofit featuring hashtag #VentiveHome - our all-in-one hashtag #heatpump

A while back Advfn added a 15 minute delay to their trade info. I always found their monitor quite useful (until now)

Can anybody suggest a free service where I can have a decent monitor list of 25+ shares in real time?