Member Info for crumbs

Cotec and indeed Mkango have both indicated HyproMag will likely when fully commercial especially in US list on US main market.... the potential if it is tied as I suspect to US defence industry will be massive.... no need for any Chinese RE magnets ever again for F-35s etc... think on it and all done cheaply and as environmentally friendly as is possible... no other tech can compete on that

I think it was the 5p hit for what is a keep the lights on and get some vital gear aspect of the raise that hit the guts but then when you think on it compared to not being able to raise at all... and knowing who has put money in and what having these funds now means and no IP is diluted then ... as the market is now doing it means a certain amount of confidence returns

your dead right about PR though... still think we will now get something from the guys in that regard

The market was only waiting for this raise... I'm still in profit ... maybe it will not fall to 5p after all so my dry powder will have to go in at a higher sp... oh well :)

I think we are going to get some MKA media they have posted nowt on X or LinkedIN yet... vid incoming? I reckon

The interesting angle is US defence.... Cotec told us about this and remember the Chinese have blacklisted selling any RE products to a list of US defence companies I do believe including the one Cotecs new superman used to work for

It is possible to now make 100% recycled magnets with full as-new magnetic potency and even then recycle those ... HyproMags research never ends...

Will is just having to average down like most have had to here :) but that is a serious amount to put on the line so I expect he knows where this is heading or he is heading for a divorce :) .... the price of 5p is rubbish we can all agree but at least they did not end up needing to dilute their % holding of HyproMag- otherwise known as the goose that lays golden eggs

The Malawi licenses are not without huge value but it has become clear there can be no commercially viable MDA with the current Gov there and Mkango is simply too small a company to do everything by themselves ... The progress with the recycling and US opportunities and others that Cotec have attracted is far better to fully focus on ... But I hope we hear from Will and Alex soon

Let Sovereign and Rio deal with the Malawi gov .... And to be honest, if I were a SVM investor I'd be more worried ... the recycling business has massive potential and is already on lift-off... Will is not throwing his own money away

I do expect some proper Shareholder communication now.... we need to know the way forward with regards to Malawi or the mining and processing in general as it looks like the focus will fully switch to recycling which is the Goose that can lay the golden eggs and soon...many have wanted that to be the way forwards for a long while

Https://www.linkedin.com/in/edward-buckley-72358ba5/?originalSubdomain=uk

Seems to be this guy Ed

All I can say is... glad I left most of my powder dry... as 5p here we come again, we all knew it was coming one way or another and yes glad to see Will take 150k... I'm a bit relieved TBH

I wouldn't want to be out of this for the weekend! :)

TBH I don't know, there are still big issues to be resolved (MDA- funding) but it has been well oversold considering the assets and A1 connections and we all know the mega potential if that newsflow hits right... anyways onwards and at least I can have a drink on this knowing I am once again in profit lol

Https://www.youtube.com/watch?v=5ge98HFJHtg

There

It'll be the Americans who know how to invest in a good thing :)

'Recommendation 4 – take a shared approach between government and industry to build a robust circular economy for critical minerals

We warmly welcome industry’s intentions to make better use of CRM already in circulation – increasing recovery, reuse and recycling rates and resource efficiency, to alleviate pressure on primary supply.

The UK has world-leading recycling innovation, which can support a circular economy. For example, companies like HyProMag and Ionic Technologies are commercialising novel ways to recycle rare earth permanent magnets, and Altilium Clean Technology are developing technologies and infrastructure to recycle EV batteries. Government is supporting innovation through programmes such as the unlocking resource efficiency research project, which is aiming to minimise new resource use and maximise recycled, reused, remanufactured and low carbon materials to help decarbonise industry. Other circularity initiatives include:

the Circular Economy Centre for Technology Metals (Met4Tech), part of UK Research and Innovation’s (UKRI) National Interdisciplinary Circular Economy Research (NICER) Programme, a £30 million programme to support research and development in the circular economy

the £15 million UKRI Circular Critical Materials Supply Chains (CLIMATES) programme, which supports innovation in rare earth elements

Government is also exploring regulatory mechanisms to promote recovery of critical minerals from waste. The Department for Environment Food and Rural Affairs (Defra) is consulting on reforms to the waste electrical and electronic equipment (WEEE) regulations. The consultation proposes reforms relating to collection infrastructure for household WEEE financed by producers of electrical and electronic equipment, as well as reforms to “take-back” obligations that apply to distributors. Additional reforms under consultation could help ensure producers of vapes properly finance recycling costs when they become waste. Later in 2024, Defra, in collaboration with the devolved administrations, is also expected to consult on regulations for end-of-life batteries. '

'Recommendation 3 – build on the UK’s competitive advantages and develop its midstream economy

We fully agree that the UK has unique strengths in critical minerals. Whilst we will always rely on international supply chains, we must maximise what the UK can produce domestically, where viable for businesses and where it works for communities and our natural environment. The UK is a strategic location for midstream processing, including refining and materials manufacturing, building on its globally competitive capabilities in this field. The UK also has significant innovation in recovering critical minerals from waste, such as research by the Faraday Institution into recovery of lithium from batteries and world-leading work on rare earth magnet recycling at the University of Birmingham.

To accelerate the growth of these domestic capabilities, government has deployed a variety of financial support mechanisms including:

the Automotive Transformation Fund (ATF), which can support critical mineral projects in automotive supply chains

the UK Infrastructure Bank (UKIB), which recently invested £24 million to support Cornish Lithium

UK Export Finance (UKEF)

But to attract private investment into the critical minerals value chain in the UK, it is important to create a supportive business environment too. For example, government has taken decisive steps to reduce the price of energy to ensure they are competitive with other major economies across Europe, including through the forthcoming British Industry Supercharger. The recent Levelling-Up and Regeneration Act has reiterated the government’s commitment to improving the planning process and proposed reforms. These will deliver a more consistent, streamlined, and digitally enabled approach to the way planning applications are made, promoting faster and better decision making.

Building on this work, DBT will further develop its response to critical mineral supply chain risks by developing a vision for the role the UK can play. It will also consider new supportive policy proposals to build on the UK’s existing competitive advantages, particularly in the midstream economy.'

https://www.gov.uk/government/publications/critical-minerals-task-and-finish-group-government-response/uk-government-response-to-the-task-and-finish-groups-recommendations-on-industry-resilience-for-critical-minerals

Now that is some signing!!! Julian got his very own Super-Man

Not too sure Malawians would be overjoyed though paladin was a bad experience for them...we'll play that part of his bio down😅

I'm not saying anything is coming from this but Mark Chambers who is going to be pouring our Wills drinks in Singapore :

'Mark Chalmers is President and CEO of Energy Fuels, bringing a wealth of experience in mining and mineral processing to his position. Prior to his promotion to CEO in 2018, he served as President and Chief Operating Officer (COO) of Energy Fuels.

Prior to Energy Fuels, Mr. Chalmers was the Executive General Manager of Production for Paladin Energy Ltd. where he successfully managed the Langer Heinrich (Namibia) and Kayelekera mines (Malawi) and achieved significant increases in production levels while reducing operating costs.

Mr. Chalmers is an expert in in situ recovery (ISR) uranium production, having managed both the Beverley Uranium Mine owned by General Atomics (Australia) and the Highland mine owned by Cameco Corporation (USA). Additionally, he has consulted several key industry leaders in the uranium supply sector, including BHP, Rio Tinto, and Marubeni.

Mr. Chalmers holds a Bachelor of Science in mining engineering from the University of Arizona, is a registered professional engineer and served as the Chair of the Australian Uranium Council for ten years. Holding dual citizenship in the U.S. and Australia, Mr. Chalmers resides in Lakewood, Colorado with his wife while his two adult daughters live in Australia.'

Worth noting.... Mkango has Utanium plays in Malawi too... not to mention the much downplayed for some unknown reason Rutile resource that could rival or exceed SVM's

just tp make it easier :)

'session 2:

14:00hrs a presentation by mark chalmers, president & ceo, energy fuels inc, usa;

14:30hrs “mkango / hypromag – raw materials and recycling solutions for the ndfeb magnet market”, by will dawes, ceo, mkango resources, uk;

15:00hrs a presentation by peter sherrington, chief financial officer, arafura resources, australia;

15:30hrs – 15:30hrs panel discussion

17:00hrs – 19:00hrs ****tail reception for all attendees kindly sponsored by energy fuels inc., usa'

all attendees are kindly sponsored by energy fuels .... ****tails on them eh, and i wonder anything else?

There are possibilities here Lynas trying but failing to acquire MP and Energy Fuels hungrily after REE projects

'With supportive US government policies, and US and European companies increasingly focused on security of supply, Energy Fuels is rapidly creating a new significant REE supply chain that can reduce America’s reliance on REEs from China. As part of this strategy, the company is actively securing long-term sources of REEC through offtake (Chemours), joint venture (Astron), and direct ownership (the company’s 100% owned Bahia Project in Brazil). Through these assets and potentially others, Energy Fuels is building a world significant REE oxide supply chain that the company believes will be attractive to EV manufacturers and their Tier 1 suppliers.

Mark S. Chalmers, President and CEO of Energy Fuels stated:

“Energy Fuels is working to secure future large-scale in-situ rare earth element projects around the world, which we expect to become low-cost sources of feed to supply our US-centric REE supply chain in the coming years. Earlier in 2023, we acquired the Bahia Project in Brazil, and now we are working toward partnering with Astron on the Donald Project in Australia. Energy Fuels’ goal is to source monazite from the US and around the world and become a reliable, globally diversified, multi-decade supplier of US-produced magnet REE oxides to EV manufactures and other end-users. Our announcement today should help people ‘connect-the-dots’ to better understand the magnitude of our burgeoning REE business strategy. We are earning into an essentially ‘de-risked’ heavy mineral sand project that is in Australia, has many years of detailed resource and project evaluation, and has all the main regulatory approvals in place or well-advanced.'

And then look who is in Singapore in April with Energy Fuels inc

https://metalevents.com/asian-rare-earths-conference

Going bust ? nah not yet :)