Member Info for esduk

It surely is flundra. I remember sitting in front of my laptop in New Zealand at the start of lock-down and going in for an extra 300k shares between 2.9p-3.4p (to add to my already considerable holding) when the share price fell through the floor, for no other reason than Covid fear. We then went swiftly up to 37.5p over the next 18 months, and while I took some profit along the way, I was throwing it all back in (and then some) as we marched back down to 4.5/5p.

The company and the world were very different back then and I don't think I had grasped just how tied to the Chinse controlled Neodymium price we were. Today, with the DoD deal and ex-China pricing starting to be established, we are no longer completely tied to the Chinese controlled price. We have one of, if not the lowest cost production sources in the world with proven HPMS tech, and we are no longer concentrated on one mine, in one country, waiting for one MDA.

So while anything can happen, this time feels completely different. We are now so much more diversified and so much more resilient, meaning that we are not reliant on just one thing, or indeed everything, to go perfectly for us to multi-bag from here. If even half of the possibilities here come off, we will all be extremely richly rewarded.

✋️ for one, it was in my spreadsheet, so it had to happen! ; )

The SP's in my spreadsheet go a lot higher now though, a year ago the highest value in there was £1, now it's multiples of that.

To use another comparison, we closed at 14.25p seven weeks ago on 30th June, so we are 216% up since then.

I think it's best to put it in the context of us closing at 29.75p three weeks ago today. We are up over 50% since then without any company RNS other than warrants being converted. This shows the sentiment and appetite for this share.

Yep, we had an uncrossing trade at 45p, which is the registered closing price and a new ATH close. Mid price close of 44.75p.

Been in meetings so missed that last hour and a half. MM's seem to have taken us down (dropped the bid 1.5p from the high) on very little reported selling. Let's wait for the post close reporting to see if it was justified.

Good luck to them... I don't see anyone being taken seriously today unless they offer at least £1.50 (circa £0.5bn) as their opening bid. Then they'd probably get bid up to at least £2.50. That would be a 42 bagger for me.

The 50k delayed reported buys just keep on coming. I make that nine of them now that are buys. The TR-1, if/when it comes, could put a further rocket up the SP.

Another 50k delayed buy shown up. Hang onto your shares, feeding frenzy continues!

Yes Kaeren, I've been suffering from this for most of the last year. Doesn't even seem to go away when I'm on holiday...

Here we go, 46p on the bid.

Yep, per my last comment, it's very obvious that big accumulation is going on in the background, so these delayed reported buys are fully expected.

Expecting a fair few delayed buys to roll through later today and post close based on the L2 comms and bid / ask switching by MM's.

We've just had a minor pullback to 45.5p mid price, after they finally found a few sells in the high 45's. I think the difference Mrclint, is that there doesn't appear to be a warrant overhang holding the SP back. We're making our way up to where we would have been if we hadn't had that overhang and don't need an RNS to do so. Obviously the neodymium price rising on a daily basis and the great macro news are also catalysts for the rise since the last RNS.

Just hit £150m market cap. £100m to £150m didn't take long!

Up we go again, 46p mid price. Might we actually get close to 50p today?

Everyone has their own targets and their own reasons for selling. They should just know that those shares are going into the pockets of big buyers, who are buying in at these prices for a very good reason. Given the company developments, newsflow and macro environment, barring a complete disaster this is only going one way. I hope everyone again notes the tactics of the MM's this morning, and that no-one gets taken in by a drop on open with little/no selling volume and in fact buys easily outweighing sells.

3 x 25k buys gone through in a row. Bid at 45.5p, mid price 45.75p. Hot knife through butter!

Completely agree SG. Warrant related selling seems to have been the only thing that has been able to slow us down in recent times, and I think they are done for the time being. 50p a clear target for this week. Where will we get to today though?

45p on the bid