Member Info for crumbs

Exactly no ph2 clinical trial risk here (that can and often do fail!) but actual proven valuable resources and a patented tech that can economically recover REEs no other rival techs can for the lowest cost and with the least environmental impact with one site ready to go commercial and more to come

Yeah, it is nice to see the sudden interest ... there is no reason a re-rate here with the right news does not get us to the mcaps of our REE LSE peers seeing as MKA could well be the one producing commercial REEs first or that matter SVM whose sp is not suffering from the Malawian MDA experience just yet! And whose number one in the world Rutile resource could well be eclipsed by what MKA has next door ....there is value here

Cotec has ordered 3 reactors for the US paid for with their own money... that pretty much tells you they are confident of going commercial in the US in 2025... funding can come from other places than a bucket 'placing' ...There will be interested industry players who could well come in to partner as was the webinar stated plan

They aren't starting over lol huge progress has been made in the last 2 years... The company is in a prime position to go commercial and be the perfect EU CRMA complete REE solution... Will Dawes is booked to present in March at an industry event...

Looks to me like pi's selling out at a loss of fear grips... we will surely find out but this company will likely be commercial by H2 in UK and in EU and US in 2025 ... my only gripe would be if we give up more HyproMag ...

Yeah but two other of my holdings have recently raised above their SPs -BRES and FCM although you would never guess it from their price movements so I think the market is just plain broken... the lack of communication here since the now ancient webinar means no one knows where we are at with regards to funding so the fear kicks in especially due to the likes of the AVCT rising debacle ... maybe that Myles is the link :)

Yeah these Niron magnets are not new but obviously the tech has advanced guess what REE 🧲 magnets tech is also always advancing....There will be a market for alternatives but from my research they certainly will not replace REE magnets and indeed for the next decade plus REE magnets will dominate...HyproMags prof Walton is the man when it comes to all this

It'll be Niron...they are good but not going to replace REE magnets due to certain properties

I think Lotus MDA, if not agreed already, is close seeing as they do not even mention it in their placing notes and seem only to need to sort out energy agreements in Malawi, an issue Mkango does not have... not much clarity came from the Finance Ministers speech this week with regards to mining beyond they have their own Malawian mining company now... wow....as far as anyone knows it has zero budget :) ... Malawi is showing complete naivety in its progression to becoming a mining powerhouse yes it has the minerals but it does not have the ministers....Everything is however negotiable which I think at least offers some hope as it seems to me as though laws are bendable in Malawi the Gov might say one thing to the nation but actually do something quite different in reality

Yeah placing at now above 10% of current SP and into sticky hands.. the market is mad if it had been in the other direction we all know where the SP would have gone yet it seems the market can't help itself the very word placing must mean bad news... this is a tiny mcap company doing exploration to sure up potentially precious multi assets in a great jurisdiction and then do deals with mining majors, of course, it's going to be needing to raise along the journey but so long as those assets are proven up as commercial this ought to then with some nice deals done multi-bag, I'm in :)

But the work goes on

https://www.linkedin.com/feed/update/activity:7165978456395079681

The company usually reply via Tavistock

'cath.drummond@tavistock.co.uk' 'mkango@tavistock.co.uk'

Speechless marks would be better but it goes to show no one can predict AIM plays from one day to the next ... However MKA does unlike many have assets of value (potentially huge)and that's where I start with my interest here...we all know this is a stressed SP and the reasons why and that yes keeping the lights on funding is soon required ,I do think this is a capable and connected BOD so over to them now

THEPUMA

Posted in: PRD

Posts: 630

Price: 12.75

No Opinion

RE: 450,000 trade just popped up !17 Feb 2024 14:56

Sell SAR while you can, buy PRD is your best bet, Silverfoil!

All we need to know about this newbie 🙄

I believe they inherited a mining license with their land so a different position to be in than Mkango...who are negotiating

'clarity with funding.' 100% and I think that is the number one reason for the continued decline as talking for myself as soon as the MDA looked like it was going to become a real drag due to the incompetence of the Malwian Gov and that the recycling won't make revenues till at least H2 I de-risked as I'm sure most have ... potential remains massive but until the BOD communicate the path forwards with money attached its risk full on... flipside the reward on positives could be very rapid...I do think HyproMag US will get US GOV or DOD funding for instance and that will be proper funding not like we get here in UK it will cover the cost of all three proposed plants so 50 million or more...However will COTEC by then own the lion's share?... dunno its a watch this space... even that mythical MDA could just appear l from the rabbit hole

Yeah, the Rutile is a mystery,SVM/Rio Tinto could well be interested in taking that on to add to their ever-increasing resource but who knows anything here the BOD might be good at corporate/industry presentations and communication but doesn't seem to care about their pi's, that's ok if they are getting loads of serious interest with money attached but if so where is it!??

Just anything would be good!...I suppose there are all kinds of ways this can play out from great to disaster but with no BOD comms who knows.. surely there has to be a plan B on the MDA, maintaining the Malawi licenses costs peanuts so if we have to wait on Sovereign and others to get the Gov to agree to investable MDAs so be it, of course, it could well be those final points are all resolved and all is good but the evidence so far is that is not the case and absolutely no point in signing an univestable MDA... The recycling goose that can lay the golden eggs is being dragged down by this and Mr market knows funds are soon required here

They are happy to sell exploration licenses that's easy money it is the signing of investable MDAs that is the problem ..We might get to hear something more with the Finance minister giving a budget statement this Friday but won't hold me breath even though clinging on to the seaweed lol... BTW a bit of a drama going on with the Malawi parliament at the moment with opposition MPs being locked out

Yeah HyproMag is better value than any REE mine or miner I just hope we get to see full value for it which is in the balance at the moment