Member Info for esduk

Yes bonker, just back from the school run and no trade feed.

Yes Jimzi, I saw that they were going to open her lower this morning, but that didn’t last long, we’re up 5% now.

The Company is currently finalising a revised NI 43-101 technical report and a US SK-1300 technical report on Songwe Hill and a prefeasibility study on Pulawy. This will allow the finalisation and filing of a Form F-4 Registration Statement. Once the Registration Statement has become effective with the U.S. Securities and Exchange Commission (currently anticipated to be Q1 2026), CPTK will endeavour to obtain shareholder approval and the transaction will proceed toward closing.

That potential $100m of direct funding from DFC could be a massive deal SG, great nugget from the detailed results that they haven’t even included in the summary. Looks like we may can expect the pre-feasibility study for Pulawy to drop any time in the next few weeks as well, so another potential SP catalyst.

Very happy with that update, it’s answered my two main questions, around Tyseley progress and SPAC timetable. It also looks like our cash position is stronger than thought, with a current cash balance likely to be between $4-6m. Good work Will, Alex and team. A few more things to successfully execute and we move easily into the £’s.

Perhaps Will was in on a Sunday updating the Q3 results RNS for tomorrow? We’ll find out in just over nine hours.

Saw the LinkedIn notification pop up from Will which swept away the Sunday evening blues. This is a good start to the run in to Christmas, with lots more news to come in next few weeks.

Good to hear Monteacute, I have had plenty of small top ups at this level myself as funds become available. We had the Christmas lights and carol service last weekend in town, which all feels a bit odd to me (though I do love a carol service). I was brought up in a family that only put the tree up two weeks before Christmas and only took it down on 6th January. For me advent signals the start of the Christmas period. Now I see decorations and Christmas trees up from mid-November and taken down on Boxing Day. I guess people need a bit of warmth and light in their lives, so I don’t begrudge them that. Given the lobbying from my daughter I’ve compromised and we’ll be putting the tree up next weekend.

Reading my post back I would like to clarify that my wife does the school run on Fridays (and Tuesdays), rather than everyday. Wouldn’t want you thinking I’m a lazy alcoholic absent father! Although on second thoughts there may be some elements of truth to that…

Monteacute, funny you should say that. I am at the computer now with a glass of wine in hand, having already had a glass of port. The wife does the school run (and today the school Christmas fare!), which allows me to concentrate on drinking and usually watching some kind of sport. Today though I've been a little distracted by my US/Canadian silver shares, with silver having broken ATH's this afternoon (after the paper market scam fell apart) and appearing to shoot the moon.

We have clearly had a seller for a week or so now, who has offloaded in 50k batches, particularly when volume has picked up and the price has started to rise. My sense is that they are not trying to crash the SP by exiting all at once, but instead are selling into any pick up in sentiment and associated buying volume that we get. Yesterday you will notice a number of large 50k+ buys that, along with lots of medium sized and small buys, more than soaked up the 50k sells. Today I suspect we have had more of the same, though the seller decided to offload a lot more today than yesterday, with fewer big buys reported, so we have closed slightly down rather than up.

It would seem strange to me that a warrant holder decided to convert now (when they could have done so much higher in the past couple of months), but that is possible. But whoever it is, they must have had well over a million shares to begin with as they have sold more than that so far. I think we can take some comfort/confidence in the fact that we have absorbed all of these 50k sells and have closed the week 1.5p higher than where we opened it.

We are due our quarterly results, which I assume must come on Monday now (they've never been published later than 30 November before), so I think the contents of them may be the short term driver of the SP, unless we get other news. This week posters have uncovered lots of juicy bits of potential news, that when announced formally, will boost the SP and I feel like sentiment has picked up accordingly. As previously mentioned, I think the market is looking for comms on the Nasdaq listing and to a lesser extent Tyseley operations, and I'm hoping we get this in the results.

Yes, I had noticed magic and was just about to post to correct myself, the pace has sped up today. Some 25k's in there today too.

If the EU is looking for an immediate solution to the problem then putting some capital behind Hypromag GmbH expansion or even a second EU plant, would seem to be a wise option:

- lowest cost producer of magnets

- lowest cost recycler of RE

- lowest carbon producer and recycler (this still matters in the EU)

- way more environmentally friendly than RE mining, refining or long loop recycling

- easily scalable

- world leading expertise and tech which has been tested and signed off by major European OEM's

- already completed a load of EU supply chain projects and is part of the ecosystem

It's a no brainer really. I'm sure Will is all over this, and remember, he was one of five panel members at session on CRMA Strategic Projects at the EU conference earlier this year, so already has fantastic access to the influencers and decision makers. The more I think about it, the more confidence I have that he will secure some funding (for what exactly I don't yet know!).

Not sure they are in a massive hurry magic. They are dropping 200k-300k a day in batches and, it seems, only when the price starts to get some upwards momentum. If they were in a hurry they'd keep selling throughout the day, but they don't seem to want to lower the price too much.

Thanks for sharing. Wonder whether either Pulawy or Songwe would make it into the top 25 projects? Great that they are focussing on recycling, but Hypromag GmbH does not have Strategic Project status, so not sure if they would be able to access this 3bn. I assume we didn't apply for Hypromag GmbH because we were already permitted and fully funded to production. Perhaps the plant expansion or future hubs can be classed as Strategic Projects and tap into it though?

Thanks S&S, as we all expected.

Looks like we've had our regular 50k seller at work again today. 2 x 50k at 10.15am and 4 x 50k at 10.52am. Seems like every time we have built some momentum in the past week or so, someone is dropping 50k sells in clusters.

So looks like results will probably be Monday then. Wonder if they have delayed them to next week for any particular reason, some good news to include perhaps. They’ve never been released in December before as far as I can tell.

Yes, I give Will a lot of credit for thinking strategically and securing exclusive rights to bolt-ons to our HPMS process, Inserma being a prime example. We have taken advantage of all of these UK and EU programmes and grants over the past 5 years to build our product collaboratively and secure an important place for HPMS in various supply chains - electric motors being one of the key ones.

Agree Kaeren, it is difficult for the average punter to assess the impact of Hypromag GmbH expansion on value because there has been no comms about the expansion from the company and they have never provided any financial metrics with which to value the project, unlike Hypromag USA. I've had to construct my valuation by borrowing certain assumptions from the Hypromag USA feasibility study. As we grow and they expand the management team, I hope they appoint someone who is more natural at the PR and comms like JT.

The Italy connection is interesting Drantley, I guess that could be a natural next step in Europe given the car industry there. I would also add Envipro in UK and Japan to your list of feedstock tie-ups. Interesting looking back at the latest company presentation from July and you see the slide on the Minerals Security Partnership which only includes four flags: USA, UK, Germany and Japan. The MSP is clearly a big factor in bringing about our Japanese JV and we know there have been a number of important meetings between us and Japanese gov't / officials.

I tell a lie SG, lots of volume there, just delayed by an hour! 4 x 50k sells within 3 minutes, or if we widen the timeframe 6 x 50k sells in 22 minutes. A couple of 50k buys in there too. May expect to see a few more delayed reported buys turn up later as well given SP action.

A bear market for what exactly? General market, AIM, natural resources or RE stocks? Nothing against those trading in and out for however big or little gain makes them happy, but I don't think we are in a bear market. I think we're no longer in a euphoric market, but it may come back as liquidity is pumped once again prior to the mid-terms and the imperative for domestic supply chains gets stronger and stronger as the 12 months trade extension deadline approaches. We are perfectly placed to take advantage.

Not sure on the day traders given there wasn't a lot of buying volume this morning in the low 40's and that they wouldn't have made 10% even if there was was, but yeh perhaps a few MTH's uncomfortable with the relative radio silence. Though given we are due an update tomorrow (or possibly Monday), and members of this board and X have provided evidence that we have lots of nailed on news in the works, that would seem short sighted.

Don't think it's warrants as not high enough volume. You will notice (as I'm sure Jimzi has) that the number of SI trades has dropped massively recently as well, which potentially suggests the SP is trading more freely / there is less funny business going on.

Still a few sellers about clearly. I'm interested in the psychology, SP has been sitting around the low 40's for a while, with very low volume. Then the SP takes off and you get a load of sellers at 45p. I mean, they won't have made much/any money on a short term trade and for anyone who's been in a while there were plenty of opps to sell much higher. Oh well, I'm sure they have their reasons...

Buying still looks to be strong in the background though, so perhaps they will be easily cleared.