Member Info for esduk

Thanks teraferma, so it is the former of my two options and we should expect a magnet scrap supply deal to be signed between Okon and Hypromag USA in due course. Still find it interesting the way that they talk about it on their website. Given how bullish they are on the tech and the way they talk about the process you could be forgiven for thinking that they were the ones applying the HPMS themselves. A massive green flag for us in any case.

Great research teraferma, and my thanks also to Myles for that very encouraging update.

On Okon recycling, I’m a little confused about their role vs Hypromag USA’s role. They refer to themselves as the biggest recycler of NdFeB magnets in the US but then refer heavily to HPMS technology which they can’t yet be using as there has been no deal announced and we are the exclusive licensee of this tech.

Would they be supplying our plant with scrap for processing by HPMS or are they thinking that they would make use of the tech themselves (unlikely in my view given how complicated the process is)? It would be a little strange to talk so much about the tech if they are not going to be involved in any way (they would effectively be promoting their competition) so I guess it must be the former.

Will be interesting to see how this develops.

mm's taking the **** here, even with gold price recovering.

Mr 99 even joining the party at the end of the day. Come on MM's, give us one last leg up before close, you know you want to ; )

Well, the Nasdaq bounced and it seems so have we. Now take us back to 50p MM's!

All these trades in the high 46's and at 47 are buys by the way. I got a top up in at 45.9p, which I hope was just above the floor.

Good posts Rider and Ytrewq. I agree with your view Rider, but AIM is news and sentiment driven and most investors on AIM (rightly or wrongly) expect regular updates, as you say. Most normal businesses aren't raising money from shareholders on a regular basis, so they can get on with their day job unburdened by constant communication with shareholders. I think Mkango do ok on communication, but could do a bit better, though I'm less concerned about this since we started getting updates from JT, who is more natural in performing this role.

Ytrew, I agree that if we get two successful SPAC's away and Hypromag USA financing away then the SP is likely to be at least 200-250p, I would probably argue a lot higher. That being said, I'm not sure the timing/SP increases will play out that way for the MKAR SPAC listing i.e. not sure we will get all those steps in that order. Do we know that the PIPE will be announced in advance?

We also have no proof, as yet, that the company are planning to list Hypromag. I know Myles has talked a lot about this, but other than JT saying a spin out of the RE business is a possibility in future, I haven't heard anyone from the Hypromag/Mkango side mention it. Any mention would immediately increase the SP substantially, as you point out.

We also have other potential news to add to your list: Hypromag's German plant opening, other international JV's, scrap feed/offtake agreements, potential DoW agreement.

Only about a third of central bank buying is now being (voluntarily) reported to the IMF, down from 90% four years ago.

https://www.linkedin.com/posts/mohamedelerian_economy-markets-gold-activity-7395085425524088832-6Es6?utm_source=share&utm_medium=member_ios&rcm=ACoAACbW318B5SROCrBo8_YGOn-KXbgaEGlJ0ow

Agree, a 5-10% S&P/Nasdaq correction from ATH to let things reset would be healthy, and shouldn't have any long lasting impact here. Rather it could provide a buying opportunity here. Yes agree SG, changes nothing about the urgency of building a new Western RE supply chain.

Apologies, we haven't had a 5%+ correction in the S&P since April, the Nasdaq did go down over 6% from its ATH a couple of weeks ago to its low of last week, before bouncing back up.

The Nasdaq and S&P are well over due a correction. There hasn't been a 5%+ correction in the Nasdaq or S&P since the April Trump tariff crash, so wouldn't surprise me if this is it i.e. yesterday and today.

The ask was 47p at the time of the 40k trade at 46.95p and moved up to 48p immediately after the trade went through. But of course it's a sell... bizarre logic and I think everyone can see through your subtle de-ramp posting.

No-one said anything about today's SP being irrelevant, I was just pointing out some large buys to give you some comfort after your worried post earlier this morning. Today's SP action, and the fall from yesterday's high, are clearly not company specific as we have all pointed out to you. Anyway, I think I'll stop wasting my time. Good luck with whatever your agenda is.

Well strangler, shows how little you know about the price action on this share. Those two are absolutely buys and if you looked at the contemporary trades you would clearly see that. We even saw the move back up to 48p ask at 9.04am following the 40k purchase. If you want me to lay it out for you in more detail then I'm happy to, but it is very obvious to anyone who spends two minutes comparing the trades.

Some of those big buys you were looking for strangler:

53k at 8.08am

40k at 9.03am

I'd say there are probably more to come. Hopefully makes you feel a little less worried. You do seem to have a very nervous disposition. I am not sure that this suits investing on AIM.

Most likely because of the market sell off Strangler.

Point is, look at Pensana, down over 5%, look at MP, down 4%, look at USAR, down 12%. Also look at most most resource shares and the Nasdaq and you’ll get your answer for why we gapped down. Nothing to do with Avacta…

Haha, you’ve managed to convert me to the dark side… I should have said there are buyers at this level, including me! Though I’m sure a few delayed sells will turn up too.

You two are hilarious. The MM’s gapped us down by 3p on open based on the general market and RE sector moves. It’s clearly nothing to do with Avacta. The shares are not correlated… Can you take you me Avacta obsession elsewhere (perhaps the Avacta board)?

I think you’ll find that there are sellers Strangler, including trades that will be reported later. I am certainly a buyer in the 40’s.

Well at least we’re not doing as badly as Bitcoin today… Seems to be risk off across the board.

Yes, completely agree on that Codejunkie. The amount of times we have opened at a lower SP than we closed at the day before in the last few weeks has been crazy. It shows things have changed now. They are looking at general market moves and RE sector moves (including the US shares) and marking us down on open. 6% is egregious though.