Member Info for esduk

Back into the 60’s we go. Hopefully this time no erroneous spanners are thrown in the works and 50’s are behind us for good.

Now is the time for USAR to come get Hypromag USA. They have the cash. They can now see that the tech works at commercial scale. They know they are missing a compelling recycling puzzle piece, and we haven’t yet taken FID or listed the business yet. The price for Hypromag USA will only be going up as these milestones are hit and the window will close with the Hypromag USA Nasdaq listing. Time is ticking.

If they do buy it they start earning serious FCF / profit from mid 2027, whereas their other businesses are years away from throwing off serious FCF (if they ever do) and are reliant on higher prices. I would be giving it serious thought if I were in their shoes. The bigger question is whether and at what price Will and JT would let it go…?

Yeh the logic is definitely there. Given how much they paid up for LCM, I couldn’t see Will and JT letting go of Hypromag USA for anything under a billion, and likely much more than that. If so, I’d be wanting cash not USAR shares!

Looks like 60’s in very short order now

Nice, thanks Myles! Had seen USAR’s big change from down to considerably up in pre-market but hadn’t had the chance to investigate. Looks like the sentiment re-build on rare earths is well and truly back on track after the erroneous Reuter’s article caused a temporary diversion. Should see us march into the 60’s and higher…

If people are just trading SILJ to take advantage of the beta from rising silver prices then banking substantial profits along the way and getting in and out before/after/with market moves makes good sense.

If someone is investing longer term in individual companies (in my case producers / development plays with new near term production coming online) then it’s not as much about jumping in and out to take advantage of short term price movements, it’s more about finding undervalued shares with the right management, assets and jurisdictions that will do well at $35 silver, very well at $50 silver, extremely well at $75 silver and mind blowingly well if silver goes to $100+ long term.

Yes I have taken some profit as silver prices got ahead of themselves and position sizes got too big too quickly, but I am invested until my thesis for each investment plays out or fails to.

Sorry, wasn’t doubting you, on phone so couldn’t see date. Anyway, seems we have been drawn down by wider negative commodities sentiment so far today.

Ok thanks SG. So they haven’t updated the numbers on TradingEconomics? I thought they normally did on a daily basis.

Yep, opening her a whole 1.5p down, gotta love the MM’s. Maybe they think we have gold and silver at Songwe…

Strange that they look to be starting her in the red this morning after all the strength on Friday.

Is that Neodymium up another 3.2% today!? One of the only commodities that is up if so!

Trading Economics is the site to use for all live commodity spot prices.

I think you guys are looking at futures or something, or perhaps on something showing the move since midnight. Spot gold is still about $50-60 lower than where it closed on Friday. Greatland is making a bit of a recovery on the ASX though, which is good to see.

Spot silver back to even for the day above $84 after falling as low as $77. Gold is following silver and recovering as well. Been watching the live chart for the first 70 minutes of trading (sad I know, but I find it fascinating). Let’s see where China takes things to. It’s going to continue to be very bumpy this week, but it’s better to just wait and see how things play out rather than jump to conclusions and make big predictions. None of us know at this point.

Yep, that is quite the money shot! Meeting with the PM no less. She seems to be a bit Trump-like so far, so I’m hoping that is reflected in action rather than words from Japan.

Krugerland, that exactly matched my read of the situation, bang on.

Thanks Floyd, I remember that post and was trying to find reference to it on the internet earlier. AI was unable to make the connection between Hypromag and the October 2025 meeting, saying that the most recent meeting at the embassy was in July 2024. You could teach it a thing or two!

Yeh but where did Indian markets close on Friday? We were well above $5k gold at that the point of Indian close. You have provide some context otherwise your post can be misleading.

Element, have you watched Andrew Maguire’s latest video on Kinesis Money channel? It was recorded on Wednesday and posted Friday. Worth a watch if not. MSM narrative that this was all about Kevin Warsh appointment, but absolutely no coincidence that this was the last day of the month and certain positions were going to be marked to market at eye watering losses.

There were obviously loads of leveraged long positions which when prices initially dropped, combined with margin hikes, were liquidated, which led to a cascade downwards. But it was clearly a coordinated move, using the Warsh appointment as the catalyst.

Agree with this velcro, all of my gold / silver investments have been focussed on companies that have strong management, will be highly profitable at $30 silver and $2,500 gold, and that will grow organically by bringing on material new low cost production / mines in the next few years. The easy money may have been made, but these companies have taken advantage of the recent opportunity to fund this new development either through the massive FCF they have enjoyed recently, organising advantageous financing terms or raising at a premium SP. Good management knows how to take advantageous of favourable market conditions.

There is both great potential reward and danger in going for the lower quality, higher cost, highly operationally leveraged companies and I have avoided these as they may be the ones standing naked when the tide goes out.

Still confident in higher long term prices for gold and silver, but glad that I took some profits and funnelled them into Mkango. I think the next few months should be incredibly good to us.

Delegation was July 2024, so I’d imagine a lot has been going on in the background since then.