Member Info for esduk

Amen to that Jimzi, we can but hope!

I suspect it will be a lot higher than 22m by the time they are all reported, though as mentioned earlier, that may take a few days.

Yeh, delayed trades are not allowed on many other exchanges. If you want to help clean up AIM and create more confidence in it then making sure trades are reported real time would be a good step in the right direction.

Maybe he's been out all day drinking in the sun, celebrating the great news!?

I have sold up some Greatland Resources shares (over 100% up there) and bought more here. This is as good an asymmetric trade as you can get right now imo, and while I love Greatland Resources' prospects, there's no competition between the opportunity presented by the two. Still have a substantial holding in Greatland, but will continue to trade them in for shares in Mkango if we stay in the 20's.

Auction got extended and closed at 4.40pm. Lots going on in the background....

Think we're still in auction, as the positions are still up on L2. Usually the end of day auction closes at 4.35pm, but doesn't seem like it has today.

Thanks Floyd, great endorsement coming from Daniel Mamadou!

The delayed reported trades should be interesting today, though we may have to wait until tomorrow/Monday to see them all given the MM's smoke an mirrors show.

I got buys in across 5 separate accounts there in the high 22's, not going to look this gift horse in the mouth!

And no-one buying today could be trading out for a profit, it stinks, but I'm not worried. We know our destination!

This is just comical from the MM's

I think our 90p valuation for our share of MKAR means that any offer below 120p would never feasibly be accepted by the management. That is the great thing about having a valuation out there for half of our business. Why would any board or shareholder accept an offer below that valuation + something for Maginito.

I suspect the Board would be looking for something more like 150-200p as an acceptable takeover offer as they know just how valuable the Hypromag business is and everything that is going on behind the scenes there. In other words, the $400m valuation that we got today massively de-risks the chance of a low-ball e.g. 50p takeover offer, and ShantaGold etc shareholders didn't have the same luxury.

Any accusations of ramping when we have a published RNS stating a value 4 times our current MCAP for the less exciting half of our business, are not to be taken seriously and are clearly just coming from a wrong’un.

I’m the only large holder I know personally, and I am buying.

If it was warrants, then imo they are done/very nearly done as we were well over 20m in those big delayed sells out of a total of 25m warrants by cop yesterday and we’ve had record volume today.

MM’s up to their usual today, I certainly hope no-one is taken in by it. I really do hope the warrants have been cleared now as without the massive selling we’ve had in the last month, imo we would have been closing yesterday somewhere in the low/mid 20’s and imo we would be high 20’s/early 30’s right now. There will always be people happy to take 50% profit, it’s just a bit annoying that the big seller allowed so much discounted buying in 15’s/16’s that are now being flipped at 24-26p.

At least if it was warrants the company gets some money and we don’t have to worry about them in future. The flippers from 15-16p will be cleared, perhaps this afternoon, perhaps not, but with the volume we’ve had today a new base is being formed. We have a clear target of 105-110p now (90p for MKAR and 15-20p for Maginito), so something to work towards, which is important. This is just about patience now and if the AIM share price doesn’t start reflecting the NASDAQ valuation, imo we will either get taken out by US players or the management will move off AIM.

Each time Hypromag ticks off its various milestones (and there are many!) that 105-110p target is going to go up and I doubt the Board will waste their time going nowhere on AIM given all the cards they now hold. This is a no-brainer.

Decision to proceed on Hypromag USA’s Texas plant is expected mid year, so I’m not sure we’ll have to wait much more than a few weeks.

Seriously who would sell 1.5m for 21p given what we found out this morning?? They ain’t having mine, add a zero to the end, then we can talk.

May be missing out on some opportunities but I’m definitely not bothering to try and trade this on the way up. I’ll make enough money through the short-medium-long term holding my shares, and I don’t need/want the extra stress.

I’m gonna stick my neck out and say the pullback has already happened. Let’s see