Member Info for bonker99

Further H2 catalysts

US plants DFS NPV valuation

Possible spike in Rare Earths price via China/market moves

"The small increase in Kouroussa's Reserves and decrease in Resources reflects the positive Reserve reconciliation and ***the impact of mining depletion***"

I did laugh at that.

Heads-up chaps:

China’s Rare Earths Firms Rally as Fresh Industry Overhaul Looms

Producers in biggest producer rally on hopes prices will climb

Beijing seeks ‘unified development plan’ starting from October

https://x.com/bonker_99/status/1807768091054444657

Indeed.

40% of the ownership of the company transferred to something that even Google has never heard of - quite an achievement.

China Tightens Management of Rare Earths With New Regulation

Here it comes ...

https://x.com/bonker_99/status/1807058860680589568

"advised on foreign investments in emerging and foundational technology"

You've gotta give it to Cotec - they're clearly very capable of securing big hitter names Stateside.

I wonder how .........

gold flying on a weak cpi number - you lot have half a chance if this mob can get their **** together ...

NERGY TRANSITION AND GLOBAL COMPETITION: The European Commission is due to notify Chinese electric-vehicle manufacturers of provisional tariff levels Wednesday and companies could face additional levies of around 25%, European officials said

Arbitrage wins.

Always.

Blimey, talk about the old one-two.

Kinda irrelevant really re MDA/mine but you know what to expect ...

How apt.

I don't think we're in that weak a position tbh mate but three years of ramp-up cash early doors for a relatively minor piece of the action isn't too objectionable I guess - it all depends on the price/valuation of course :)

We all understand why we're down here - because of the repressed rare earths prices - but as I pointed out, the sheer number of assets, even at scrap/stripping value must surely be worth more than the £20m mcap, certainly by the time the DFS for the 3x US plants arrives in a few months time?

I'm a holder so hard for me to be completely unbiased but I would imagine that what's more likely to happen is that the valuation keeps getting pressured up by the general market over the next 12 months or so with the mouth watering, and likely possibility IMO, that China pulls up the drawbridge on rare earths processing/exports and this goes vertical for a very long time.

The money isn't here - yet - but surely to God people can see the possibilities now - it's starting to scale into a global operation where you may well end up tearing up the "all ducks aligned" 10x target I had and start looking much higher than that in the years ahead.

Mkango looking forward to participating in the 2024 @REIA_global Annual Conference & General Assembly Meeting next week in Japan at @jogmec_jp Japan Oil, Gas & Metals National Corporation HQ in Tokyo

https://x.com/MkangoResources/status/1800082237980823760

@glr - I don't remember voicing it but in the back of my mind supply was always a nagging doubt for me - it's not anymore - big derisking news this IMO.

3x plants in the US, 3x plants in Japan plus the UK and Poland separation plant plus the mine.

Each entity currently valued at £2.2m.

Seems a tad cheap.

Morning.

That's stellar news - if you keep getting picked for partnerships like this then it's only a matter of time until the money follows.

Remember what sent the price of Rare Earths flying back in the day - China refusing to sell them to Japan anymore ...

"Starting this month, a 25% tariff will be imposed on natural and synthetic graphite anodes imported from China from the United States.

China represents 97% of global anode output."

China paused their Gold buying - expect a couple of hundred dollars to come off gold IMO - be back in end of June.

Pre-election OP drop in-play ...

If it's not clear and/or confusing then walk away.

Every time.