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Someone has put 50k on the ask at 29p, trying to create a bit of deception with the closing price. Let's hope it doesn't go through as a NT.

Looking forward to the delayed trades post close this evening!

And we've cracked 32p!

It's times like this where watching L2 is just a lot of fun!

We could get to 32p+ in the last 20 mins

Incredibly bullish without saying anything specific, I wonder why...?

Well as I mentioned the other day, Julian Treger has been deafeningly quiet for the past 4+ months and his only 2 minute piece of media in that time was incredibly bullish on Hypromag USA and the opportunities with the current administration. Tbh, I think this rise is potentially due to both factors. There certainly doesn't seem to be an overhang right now at least.

Quite possible that something is happening with Hypromag USA. Also quite possible that with the warrants done for the time being, and the 50k buyer plugging away in the background (always delayed even though it's at NMS), the SP is finally reacting to all the great macro news and MP deals.

It certainly sounds better than 40...

Decent chance we close above 30p today, just one MM left on the ask at 30p and they've been there since 07:58 this morning, so I don't think they were expecting to be part of the action today...

From the information we have it's circa 19-20m. But we know some of those are in the hands of people who won't forward sell the related shares, like Myles. I suspect after the warrant exercise RNS yesterday we are done with warrants conversion/forward selling for the time being. Which would allow us to take the next leg up.

Well, we got rid of 6m warrants so that has to be a positive in terms of immediate overhang

Moving fast again, looks like the 50k buyer may be back

Looks like interest is picking up...

9 years of patience is starting to pay off, just a little more patience required for truly life changing sums.

$11bn, wow! If Mkango as a whole was listed on the US stock market right now imo we would easily be north of $1bn MCAP, which is still less than 10% of MP's new valuation.

I’m referring to AIM investors being short termist and Myles trying to attract major new interest, as per the conversation yesterday and the post from explo this morning. We have amazing prospects here, we need the new major long term investors to drive the proper rerate (3x, 5x, 10x from here), which I expect to happen. If it doesn’t happen on AIM then let’s find a stock market where we can access these type of investors. I am extremely confident here as you know.

I think the main issue we have here is attracting a new investor base with deeper pockets and the ability to hold medium to long term. That means family office investment and institutional investment. I am in GMET Jimzi from just under 40 and a good chunk of their recent rise seems to have been precipitated by a major new buyer (rumours of it being a family office) taking a position over the course of a few weeks. All it will take here is us landing on a few major players’ radars (with the help of Myles) and we would have a sustained rise above the £100m MCAP and start being seriously looked at by funds, with the potential for a further sustained rise from there due to fund buying. Hopefully Alex and Will are having similar conversations with potential major investors. If this doesn’t happen on AIM then we’ll just have to list the recycling business on the NASDAQ to realise the value we all know is here.

The MM’s little shake first thing appears to have been unsuccessful and up we go.

As I said, I think that if a deal comes it’s coming in the next few months, so doesn’t really matter what happens next year with Trump/Vance. Both are very much America first /economic nationalism, so don’t think it would change the equation much.

Good to see a good chunk of the warrants exercised. I assume they have been forward sold. Would have preferred it to be the full amount so as to explain the selling over the past 7 weeks, but it is good news nonetheless, provides funds for the company and reduces the overhang. Maybe the 1 code is alive and well…