Member Info for bonker99

Caught my attention today - I've been waiting a long time.

Why would I buy @ 4p though?

Evening.

Very interesting/tight spread today.

Songwe is worth well north of £100m at the DFS numbers - reduce as you may for current NdPr prices but the starting point to reduce from is c£130m.

Big things happening in the real physical silver market - keep em peeled.

Agree.

Ultimately it's just a battle to get as many shares as you can under 8p IMO.

I said I valued at 10p based on applying the US DFS to your pilot plant but of course we're at 80% so even that aligns perfectly with an 8p floor.

Then add cash, then add Songwe - if £25m is the lowball then that's mid teens here alone.

Then add half of the US and a percentage of the other global plants.

Then boom Rare Earths via Trump's tariffs in Q1.

A quid here with all of the ducks aligning is far from out of the question.

That's bounced us off a 50 daily RSI.

This could get very interesting quite quickly from here.

It would probably help if you had a real-world pilot plant that's already in production and due to go commercial production to produce rare earths at c90% less carbon throw-off than regular mining.

Oh.

Arguably a Bull Flag breakout on the hourly targeting 12p but it's up to the warrant guys of course ...

Well that woke everyone up.

...

Buys>Sells now ;)

There you go; 680k dumped - 600k bought back.

Market.

You've gotta do what you've gotta do - if you make money out of it then that's the name of the game, there should be no shaming of those who trade, even if they do like it for the long-term.

We had 9 months of hard resistance at 7.5p, we blew above it and now it's being back-tested - it's not unreasonable.

I can see the 6s shout but others can also see the hard 8p+cash FV/floor here so there'll be a wall of buying every time they try and take it < 7.5p - could still happen in a flash crash but it won't stay there ...

Second-guessing the market rarely pays IMO - buying deep value with possible stellar upside then simply waiting almost always pays and sometimes spectacularly.

See it as a gift post-DFS IMO.

People with 7p warrants are inevitably going to want to cash at least some of them in - it is what it is - not a problem for me.

Ya gorra let em shape it.

A nice Ascending Triangle from 7p via 10.5p works nicely into Q1.

FV here 8p IMO but with the chance of a 10x down the line ...

Chocks away!

Monster delayed buy before the close.

Silver deliveries booming.

Thumping trades.