Member Info for esduk

Don't think the price action relates to a potential takeover bid personally, but we never got any large sells to justify the drops (in fact they often happened at times where there were no proper trades at all), so something didn't seem right today.

Nice Floyd, thanks for sharing. So many irons on the fire...

So far only big delayed reported buys have turned up. Nothing to justify the drop this afternoon, in fact, the opposite.

Small top up from me with some silver miner profit. Almost feels a bit like the seller is controlling it in a range, not allowing it to get above mid-40's. Oh well, I'll continue to take advantage.

The trades are yet to show up but I reckon our 50k seller has been at work this afternoon. Pity, as it arrested what was a very nice rise.

Can anyone with a good AI skillset find out what document that table has come from? If we can verify the source, this has the potential to be early info on a game changing company development.

Thanks a lot for this GLR, we discussed the 3bn euros at the time but the table in the discoveryalert article (wherever it is from), is certainly new. We don't know the veracity of the source so shouldn't get carried away, but this could be huge for us.

I think the region heading is clearly wrong as only one of the RE projects on the original list is in the EU Nordics (i.e. not Norway). As you say, there are only 5 or 7 RE projects (non recycling) in the EU depending on how you classify REEMAP. So if the table is correct, Pulawy is a shoe-in. If it is, then you would expect that they will also want to fund Songwe, as the two projects are inextricably linked.

I can personally see them providing some form of funding for all of the RE projects given that is the priority now. On top of the 3bn in funding, EIB is set to provide debt finance to EU projects, and the Global Gateway programme will offer development finance for third-country projects which could include Songwe.

This is big news, I just wonder whether Wednesday will be an announcement about the projects themselves (and if so what level of funding), or whether it will be more high level / about the programme itself.

Oh and by the way, Neodymium is up 5.32% today to boot!

Up we go again to 46p bid / 48p ask, though it's only showing this on L2, and the main page has not yet updated.

Must be a busy week for us!

https://x.com/MkangoResources/status/1995473245676384447?s=20

Don't give me any ideas SG!

Some good reviews from the Metals and Mining Week parliamentary breakfast this morning.

https://www.linkedin.com/posts/amanda-van-dyke-528b1b35_criticalminerals-activity-7401218694627921920-_TS-?utm_source=share&utm_medium=member_ios&rcm=ACoAACbW318B5SROCrBo8_YGOn-KXbgaEGlJ0ow

Who knows, but it's 46.12p to sell, so looking very encouraging. Perhaps the Santa rally starts today!

Building momentum on L2 again.

And up we go, this not having live trades posted is working out pretty well today.

Thanks! L2 looking strong.

Funny, it seems LSE is only showing UT's.

We've finally got a trade!

I agree biffa, I think Will and Alex act more like we are a main market company that doesn't still need to fundraise. But the reality is, we are on AIM, and have raised twice this year, so LinkedIn posts confirming these news items (as they did the commercial sales one you list below) are not sufficient. Still very happy with the company progress, but RNS's should be used more often imo.

And this:

"There continues to be very strong interest in the HyProMag UK short-loop recycled magnets - magnet samples have been provided to 20 potential customers, and magnet qualification process and offtake discussions expected to accelerate once TEP commercial scale magnet equipment is fully commissioned"

I probably should, but am a bit set in my ways and after one unsuccessful attempt at setting up an IG account, I gave up.

The management discussion and analysis is a good read. I like this bit:

"A two-tier market is emerging in the rare earths sector. Within China, prices remain lower under Beijing's firm grip on refining and magnet production. Outside China, supply security carries a premium, with allied governments underwriting mines, separation plants, and magnet facilities, while industrial buyers pay more for assured access. There are reports of long-term contracts now using price floors and take-or-pay clauses, with ex-China buyers reportedly willing to pay 15-30% premiums for rare earths sourced outside of China. This dual-track rare earth economy sees non-Chinese materials fetching higher prices in exchange for reduced geopolitical exposure."