Member Info for cyberbub

We haven't had a post after hours yet from Peter about how he closed his short and went long at 25.9p at 09:45 this morning and he's a genius trader?

I suggest we all stop giving these people the thing they crave: attention. That's what the filter button is for.

Absolutely 4003, that's our USP!!

Gallmat's post does raise my only niggle with the recent fantastic news - that they've decided to name the US entity 'Mkango'. The aggressively nationalistic and xenophobic MAGA government might not like to support a 'foreign'-sounding name IMO - and possibly some investors too. Plus the shareholders in Hypromag are dirty foreigners (British and Canadian). I appreciate that there has been a government-backed loan provided, but we're hoping for some grants too. I hope that during the next few months before listing they will consider a change to an All-American corporation name....

I bet he "opened his short" at the very highest trade price of the day! Genius, as you say...

Peterperfect says there is no money being raised on listing, to confirm the $10 per share listing price. But this isn't true, the company have said that they're planning a PIPE fundraising as part of the listing... Possibly $10-15m to pay for an accelerated FEED plant design, complete the main capital raising and reach FID stage.

A stopped Peter is right twice a day...

I can sell 150k in one go so there is clearly still substantial buying demand...

PS I didn't add to my earlier post that IMO positive news on Hypromag USA would drive us up further from my 50p short term target....

Forgive me LOL

Looking at the charts, MKA has just had a 20-50 golden cross today, and the MACD is only just on the verge of going positive. The RSI has just entered overbought territory, but in my experience shares can often stay in that overbought zone for anything up to 3 weeks or more and keep rising, especially when they are undergoing a major secular re-rating like MKA. So I see no reason why we couldn't be at 50p very soon, which I personally consider an absolute minimum 'fair value' today, especially if we get news on Tylseley going live next week. Then potentially start to rise further as we approach the SPAC listing date, I believe November is realistic for that - and we'll get further news updates on the listing progress I'm sure.

GLA, no advice intended etc

Rider/Spritefan, the shares blogger Paul Scott often tells the story of how he bought a few hundred thousand shares in ASOS (ASC) at 3p, and sold them all at 6p a week later thinking he was a genius.. and then watched over the next 10 years as they went to 6,000p... Yes a 2,000-bagger!!

None of us have a crystal ball, or else we'd be fat, evil multi bazillionaires like Biff in Back To The Future LOL!

If and when we reach £1 I'll be happy to run down my local high street waving my wiener 😂😂

@cyberbub - thanks!

What's the name of the Telegram group please? Would prefer to join offline.

Some people are obviously taking profits, more fool them IMO when it's surely a 3-bagger on a 3-4 month timescale... But ultimately I suppose if they bought in the 5p placing or have 7p warrants you can't blame them for taking profit on at least some... I'm happy to hold for the next few months personally, but each to their own...!

Agree we won't see 90p today, but unless there's some disaster on the BCA (hard to see why there would be), or a massive miraculous already-producing source of REEs appears somewhere outside China in the next few months (LOL) then the SP will start pushing towards that as we approach listing (which will probably be in November IMO). Maybe 75p as we approach listing day? 25p today. As someone said earlier, if you think you can get a 90-95% certain trebler elsewhere, then feel free to sell up and move elsewhere. I know what I'm going to do... I bought more at 25p today!

GLA no advice intended etc

Deramper Bengot, that's if the holders were foolish enough to redeem them!! It's like your Tesco vouchers, they're worth £1 off a can of Special Brew, but the small print on them says that the actual vouchers themselves are worth 0.01 pence.

Why would they redeem the warrants when they can exercise them at $11.50 after the MKAR share price has climbed to $15-20 say and make an instant profit?

Get yourself back to logic classes.

LOL squirty

Yes the warrants mean even more money for Crown shareholders.

But it's irrelevant if we list MKAR at $10 a share in just a few months time and hold 40m shares!