Member Info for esduk

Not a car guy, so all my money is likely to go to overpriced sporting tickets...

Lot's of bidding interest on above 50p on L2 for the closing auction.

It's been pass the parcel on L2 with Berenberg, then Winterfloods, then Shore Capital and now Investec on the bid at 49p. Every time there's a big sell one drops off and another then steps in to take the baton. Doesn't look like we'll get a close above 50p, but we have chewed through a lot of volume up near 50p, so maybe the sellers will be worn out. Can't be that many more people buying a BYD, surely!?

Good news velcro, hopefully the eyesight will be fully functioning for all those juicy RNS's we should be getting in the next two months! Good luck

Yeh there's been a fair bit of complaining about the big increase since the last European Ryder Cup in Rome, however, they're still around a third cheaper than the one in New York last year. Accommodation and flights may be the big issue / expensive too as Adare Manor is a bit out of the way.

In other news, Yanks seem to be on board today, Berenberg have pushed the bid up to 49p. Will we see a closing SP with a 50 handle?

Another nearly 300k bought in the 2pm auction at 49p, before Peel moved the ask up to 50p. This is the kind of thing that could put a floor under the SP if it continues. Would love to end the week on 50p or above if the Americans can do us a favour. USAR up 4.4% in pre-market after dropping over 9% yesterday. Would be great to be in the 50's before the next news, let's see...

499 euros for a day pass, which is about £440. Very steep, but a Ryder Cup in Ireland only comes around once every 20-30 years, so I have bitten the bullet. The pre-sale this morning was only for island of Ireland Irish residents only, of which most of my family and a lot of my friends are, so was able to get one through that avenue. All of the tickets were gone within 20 mins or so. Think the general ballot is at the start of June from memory.

SIT, that's just a failure in the automatic calculation this site uses, as it is not reflecting the fact that there was a 20:1 consolidation at Greatland in the past year, so it's more like 3x than 57x when you take that into account. I have a good chunk in Greatland, but a lot less than I have here.

Sorry to add to the pointless comments, but have just secured myself a Ryder Cup Sunday ticket for Adare Manor 2027, so feeling pretty chuffed! Hoping that the SP starts to reflect its potential to allow me to pay for it...

Another 300k on the bid at 48p for the 11am auction. That's the 300k purchase earlier this morning.

Not much in the way of sellers to match all that bidding. UT for 41k at 48.6p to close.

Exactly ajc, this rhymes with my point earlier referencing GLR's post. RNS's are key.

Happy enough with a 49p close on a general down day for markets. We had a good recovery after the tree-shake and have churned through over 4m in volume (so far reported).

Lots of interest on the bid for the closing auction, including well over 200k total in bidding at 48.5p and higher, going as high as 51.4p.

I'm hoping for a positive reaction SG. While still down, US futures markets have recovered a fair bit in the last hour or two on rumours of progress towards an in person negotiation coming from Iranian sources. USAR looks to be trading relatively neutral in pre-market, even after the massive run up they've had recently, including an 11% increase yesterday.

We've generally had a boost from the US in the past couple of weeks, so would be good to see this continue given the news we have published this morning. Most Yanks would have had no idea about the Siemens relationship. GLR made a great point on X recently that with the increasing use of AI, having published RNS's with info like this laid out is even more important, as AI doesn't tend to pick up stuff in company presentations or videos.

Apologies, those numbers I've quoted of 79.4%, 71.5% and 39.6% represent our share of the UK, German and US business's assets respecitvely, not Maginito's share, which would be 100%, 90% and 50% respectively. Maginito is owned 79.4% by us and 20.6% by Cotec.

Hi lodan. Mkango is effectively two businesses. Lancaster assets which will come under the MKAR holding company, which is the Songwe rare earths mine in Malawi (at pre-FID stage) and the Pulawy separation plant in Poland (now in DFS stage), and then the Hypromag recycling assets under Maginito holding company, which owns 79.4% of the UK plant, 71.5% of the German plant, and 39.6% of the US plants.

MKAR is being listed on the Nasdaq by way of a SPAC with CrownProptech. We are awaiting final approval from SEC, and expect to be listing in first half of June, with an indicative value of $400m for our share of the company.

There are plans for Hypromag USA, of which we own 39.6%, to be listed on the Nasdaq at the end of this year / start of next year, but these are less well developed, and I don't expect a listing until 2027.

The parent company Mkango, will remain listed on AIM and TSX-V, and will own stakes in the two Nasdaq listed entities MKAR and Hypromag USA, as well as it's stakes in the UK and German plants / ex-US recycling business. Hope this helps.

Somebody bought 400k this morning at 49p. They know what's up.

Close above 50p anyone?

Just look at this morning and this SP as the gift that it is. As well as taking part in the placing and buying on market in the 33's, I finally broke my golden rule and recommended that some of my mates, who have been pestering me about the identity of this amazing share for the last year or so, should invest. As annoying as it was for existing shareholders with large holdings, it was an incredibly low risk entry for anyone else. I'm now glad that I'll be able to share the journey with them. In time, the numbers will speak for themselves dmz and we should all be richly rewarded. Before then, take advantage of the asymmetry.

Thanks velcro, great to see you today. Hope the pre-op went well and that you are able to come back into the fold on a more full time basis shortly. Exciting times!

SP also looks like it's on the turn, massive buy just gone through.

Exactly FinePrint, we have done all the grunt work with UoB pilot plant and Tyseley, which due to the modular design, means that this will not need to be done again. So by the time Hypromag USA comes online US customer testing of our magnets should already have happened and we should be straight into big production and sales numbers. Very few competitors are at that stage of development.

On the trade war point, the genie is out of the bottle, it can't be put back in imo. The world, unfortunately, appears to be becoming more, not less bifurcated, and given that Hypromag produces magnets very cheaply, with very little energy and very sustainably, I don't think an easing of the trade war stops this train. It could impact pricing and sentiment, but we would still be a billion(s) $ company.

I'd also suggest that the general down day for markets may have had an impact on the SP reaction to the RNS. But for those of us who see what this all means, it's just presented and additional buying opportunity, so I'm not complaining.