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Yeh Biffa, I also noticed that new development/mention in his LinkedIn post. Conversations with Polish government / EU obviously going well.

No problem with people profit taking, or in fact trading. I was just suggesting that I don't think traders will get the same opportunity to buy in a lot cheaper this time (if that was their intention). This time feels different to me, and that strong bounce back this afternoon may support my theory.

Back to 50p on the bid, happy days.

Got my small buy in in the low 47's earlier thankfully.

Apologies for besmirching JUB Capital Management's good name by describing them as a market maker, it turns out they are not.

Will just reposted this from Adam Dziubinsky Managing Director of JUB Capital Management. Great when even the MM’a are talking you up!

A very big week for Mkango Resources Ltd. securing US Federal Agency, Development Finance Corporation (#DFC) as a partner for Songwe/Pulawy with a $4.6m grant and potential $100m development loan.

This should have positive ramifications for the NASDAQ listing of Mkango Rare Earths (#MKAR) which valued #MKA's NET share of MKAR at $400m (91p) pre the raising of the #NdPr floor price to $110/kg. 🪨⛏️🧲

What valuation does one assume for #HyProMag?

HyProMag Ltd USA also announced the intended commencement of feedstock stockpiling this week with the purchase of INSERMA ANOIA SL pre-processing units. 💽♻️🧲

A very well done William Dawes Alexander Lemon Robert Sewell Derek Linfield Julian Treger Allan Walton 👏

And we're back where we closed yesterday with 49p bid / 50p ask, shake over... the yanks seem to know what they are doing for once!

Retired United States Navy Vice Admiral Robert "Bob" Harward is a Non-Executive Director on CoTec Holdings Corp's Board of Directors. I assume he still gets paid his Navy pension, regardless of the shutdown.

Seems to have been a lot of big background buys in the last few minutes, post US market open. Bid back up to 48p from a 46.5p low.

Yes Jimzi, my thoughts too. The potential for the placing took us down from 41-42p to 32-33p, the so real rise from the last two RNS's has been more like 15%. If people were just in for the post placing trade then they have done well and fair play to them. But imo this is just the start of the next phase of SP growth.

I think after the big rise and the two RNS's on Monday/Tuesday there are a few people thinking we've topped out for the short term and are therefore trading this. If it was just profit taking I think it would mostly have happened yesterday. Personally, I think trading this could be a mistake given all the news we have coming. You can see that Mkango have a clear plan and the next couple of months will be very busy. Fair play to those who traded the possibility of the raise during the August holiday period, but now we have the raise out of the way, all the potential news should be to the upside.

Fairly strong pullback on not too much reported selling volume.

Element, I was already a decent size holder in Aya and backed the truck up near the bottom on Thursday, particularly after I heard confirmation from other PI's who had managed to speak to Benoit, who confirmed the report was untrue, malicious and that they had suffered a cyber attack at the same time. They have a PEA coming out for their tier 1 gold / silver project in the next couple of weeks, so the shorter was clearly panicking. They therefore tried this hit job, but it has failed and they are even more in the hole, with many more investor eyes also now on Aya. Just to confirm, they weren't able to close out their existing short, just the more recent positions they took out prior to the hit job. Over 10% of the shares in the company now need to be bought by the shorter to cover, their average short position is around $15.50 CAD, current SP is $16.10 CAD, the shorter is screwed.

Yes completely agree Element. This new wave of upwards movement is largely being driven by portfolio diversification, which is one of the reasons I think this time is different and big corrections (at least at this level) are less likely. Mass market portfolio diversification has only started recently, and coupled with the steady central bank buying, means we have a long way to run.

Off topic.

If you want to see more evidence on how shorts work watch Rick Rule's interview of Benoit LaSalle, CEO of Aya Gold and Silver, on YouTube from the other day. There has been a large short on Aya Gold and Silver for a long time by Blue Orca. They are currently short over 11% of the company's shares and with positive company news and gold and silver prices rising driving the SP upwards, they started panicking that they wouldn't be able to cover.

So they released a hit job on Thursday morning last week alleging fraudulent resource estimates amongst other things, as well as opening a new short equivalent to 4-5% of the company, combined with a cyber attack on the company's website that took it down for the day. This caused some PI's to panic and the price dropped 20%, at which point the new 4-5% short was covered.

Once the CEO put out a statement and started doing media the SP recovered and is now back to where it was before the the hit piece. The problem for Blue Orca is that they are still short c. 15m shares / c. 11% of the company. As silver prices approach $50 ATH, the squeeze is going to be epic.

Not a cross-ramp, just thought some people might want to watch the interview / read about the story given that we have seen something similar here, although on a smaller scale. For those who think all this kind of talk about Macquarie is based on conspiracy theories, this is a proven example of the kind of disgusting behaviour that happens in the market. Benoit has said he is going to go after Blue Orca in a big way through the courts. He is a rich man and a determined man, and I believe he will get his pound of flesh.

And to be clear, it seems that instead of large downward corrections, in this particular bull market Gold consolidates sideways before its next leg up. Very unusual, but I think driven by the fact that central bank buying is pretty price insensitive and the traders/paper markets are holding less and less sway. Of course we could see a big correction, but it actually does feel like this time could be different. We have never before had the mix of de-dollarisation, central bank buying, currency debasement and critically high government debt levels. Pair that with the average American investor currently holding very low exposure to gold and gold equities (c. 0.5-1%) and the recent Morgan Stanley recommendation of 60% equities, 20% Gold and 20% bonds, and there is significant room to run. We'll see.

Good to see the rise in the POG going exactly as planned/called, with a fantastically strong month/quarter end close. Looks like it wants to test $4,000, only question is now is whether it will consolidate sideways around that level or keep pushing higher.

We'll see, the resistance at 50p was weaker than I was expecting and there hasn't been any major selling as far as I can see, save perhaps a bit of profit taking. I can see a good chance of us clearing it without specific news, but no matter either way as the next news is unlikely to be long in coming. 53p paid for 30k ten minutes after open. The momentum, the sentiment and the potential news flow are all extremely positive here right now. Trading it would be very risky at this stage.

AIM leads but we did follow Canada a couple of months ago when it shot up overnight and took us into the 40’s the next day. I think Americans have been buying on the TSX in the last few months, hence the strong price action. It is generally easier for Americans to buy on TSX than on AIM. We could get a boost this morning.

Love me my Tolkien Bonker, have read the Silmarillion six times.

And sorry, that wasn't meant to be in any way political, rather it was intended to be patriotic, celebrating some of the great talent and innovation we have in certain sectors in the UK. Those boys from Brum (along with Alex and Will) could end up allowing me to retire at 45, so I'm pretty bloomin grateful. Anyway, I'll stop going off on tangents and refocus on the fact that we are now back to matching the ATH share price.

In technological terms (rather than investment landscape terms) we are way ahead of much of the opposition and that is down to British talent and investment in R&D from the uni of Birmingham, with access to UK and EU grants. I know talking down this country is currently a national past time, but some aspects of it are pretty bloody impressive in my opinion (as someone who just moved back here after 7 years in New Zealand, which was regularly voted in the top most liveable countries in the world).