Member Info for bonker99

Morning.

It looked preposterous at a £30m mcap but now it's a £60m mcap so I suspect the next meaningful news will dictate what happens next.

Lots to look forward to on paper but this is HUM :)

Eyes down chaps.

https://www.zerohedge.com/markets/china-weighs-rare-earth-magnet-export-ban-retaliation-biden-chip-crackdown

So far, so great.

There's obviously a reason for this - let's hope it's a good one.

Managed to nick another 20k at 11p but only on a limit order - new ISA money waiting of course ...

Nice :D

US "jobs".

Dig in chaps.

https://twitter.com/bonker_99/status/1643254765399289856?s=20

Let's go!

https://twitter.com/bonker_99/status/1643253043356397569?s=20

I wouldn't be sweating what happens elsewhere myself tbh but then I know with absolute certainty that the DFS for Songe alone lays out a value that's 4x the current mcap whilst completely disregarding the recycling stuff, or the Uranium or other commods in the offing down the line, so I'm super relaxed here.

If China pull the Rare Earths plug - again - then this is a very viable 10x from here, again, on Songwe alone.

Morning.

Well that's soured the mood lol - it is, undeniably, a complete p1sstake.

Yummy.

"Volkswagen (VOWG_p.DE), Europe's biggest automaker, this month said that it would invest 180 billion euros ($196 billion) over five years in areas including battery production and the sourcing of raw materials."

https://www.reuters.com/business/autos-transportation/ford-signs-45-bln-investment-deal-with-vale-indonesia-huayou-ev-battery-material-2023-03-30/

Here it comes chaps ...

NOW - EU's von der Leyen: "We know this is an era where we rely on one single supplier. China. 98% of our rare earth supply."

https://twitter.com/disclosetv/status/1641379881471598593?s=20

#XiJinping says #China is preparing for war

At the annual meeting of the Chinese Parliament, the PRC leader addressed the topic of readiness for war in four separate speeches, with one occasion urging his generals "not to be afraid of battle."

https://twitter.com/nexta_tv/status/1641379376343179265?s=20

I think Gold & Silver are going to explode by the Summer - increditiming with Kouroussa ...

Looking perky again - gotta beat 10p though ...

I've mentioned the uranium in the past - it's not lost on me that it could be a stonking piece of icing on the cake going forward.

Remember they've got the Rare Earths that everyone wants but nobody wants being mined in their own backyard chaps - the days of African's being stiffed for their natural resources by Whitey are over I'm afraid, this is how it's going to be going forward.

Morning.

If we end up with 80% and 20% to the government (fine by me - it means they have to pay for 20% of the costs too of course ...) then I'd mark my 57p valuation for Songwe down to c46p as a sellable asset.

That seems to fit very nicely with the chart and our apparent 11p bottom to my eye - funny old game ...

I suspect it's over chaps.

Cryptos Tumble After CFTC Sues Binance And CEO Changpeng "CZ" Zhao

Topped-up.