Member Info for esduk

In this market, it's certainly possible if everything goes to plan. I think I said a while back that I expected a year end between £1.20 and £2, which would be a MCAP of between £415m and £692m. Things have certainly heated up since then on the macro side and we have more certainty around 3 US plants to start with.

To get above £1bn with current shares in issue we would need a SP of £2.89. It's certainly doable with the right news and macro. My thoughts are that we'll easily be at £2.89 within the next year, and that getting there in three two and a half months may be a stretch, but I love the optimism and will be somersaulting down the street if it comes to pass!

So far volume reported today is 6.744m with a value of £4.274m. That's got to be a record in terms of value traded and I'm sure there are more trades to be reported later this evening / tomorrow.

We have some big fish swimming in these waters, as a PI watch out you don't get eaten by a shark or a whale. A market cap of £225m and I think we'll be past a £1bn within the next year no problem. What a long way we have come in 14 months, and what a long way we still have to go to realise true value.

Canadian markets are closed for Thanksgiving, so maybe this is on the US OTC market, so the price swings are potentially exaggerated.

Meant to say congrats cristal, you've added a lot of value over the years in more ways than one!

I'm on a 20 bag on my first Mkango buy in 2016, and a 25 bag on my lowest ever purchase back in 2020. I'm now on a 10 bag on my average share purchase. I want a lot more. The stars are well and truly aligning.

65p bid / 67p ask

20k bought at 66p, just imagine the unreported trades going on in the background. These are the times when all the days/months/years watching the SP go nowhere are so sweet. We knew the value was here, we just needed the right key to start unlocking it. What's on the other side of the door would put the riches of Smaug's layer to shame! (a little Tolkien reference for fun)

Level 2 is wild right now. I think we're closing in the high 60's today.

We are up over 1,500% from last years low and we've got plenty of room to run. Our SP can easily do 5x and still be cheap, MP and USAR's are already way overvalued and will struggle to double from where they are even in a hysterical market. Their best strategy now is to use their market caps to buy up cheaper / better companies and projects.

Thanks Floyd, I was referring to Will's previous posts on LinkedIn, where I hadn't remembered him putting Q4 beside Nasdaq listing in the past. I just looked through a few and couldn't find any mention of Q4. I guess what I was trying to say in answer to Kaeren's post was that not putting Q4 beside the Nasdaq listing on the LinkedIn post today was no change from previous posts, so not necessarily representative in any change in timeline.

Kaeren, I could be wrong, but I don't recall Will ever posting Q4 for SPAC listing? The reasons we thought Q4 was a good bet were the normal time from BCA to listing being 4-5 months (which takes you to November/December) and the fact that management have a massive incentive to do it by the end of the year or they lose their RSU's (incentive stocks).

Haha, snap Floyd!

Will reposted this from EIT Raw Materials. Let’s get a deal done with Mercedes Benz while we’re at it!

After a successful launch in Frankfurt, we’re heading to Stuttgart 🇩🇪

Join top partners and industry leaders for EU Strategic Projects: The Way Forward — a key session of our Rare Earths and Magnets: Expanding European Capacities event. 🧲

📅 October 29-30, 2025 I Mercedes-Benz Museum, Stuttgart

🔗 Register: https://lnkd.in/d88rKEq7

Hear from:

Gabriel Nievoll, Policy Officer, European Commission

David Högnelid, VP, LKAB

Franck FAJARDIE, Sustainable Development Director, CARESTER

Sergio Scala, Head of Strategy, ITELYUM,

William Dawes, CEO, Mkango Resources Ltd.

Moderated by: Luis A. Tercero Espinoza, Fraunhofer Institute

Participants can expect:

▶ Cutting-edge magnet and motor technologies reducing dependency

▶ Strategic EU investment and partnership insights

▶ Exclusive Mercedes-Benz plant tour + industry perspectives

▶ Talent strategies driving the next wave of innovation

👉Seats are limited. See full the programme and register: https://lnkd.in/d88rKEq7

#CriticalRawMaterials #RareEarths #PermanentMagnets #EUPolicy #StrategicProjects #SupplyChainResilience #CircularEconomy #Innovation #Europe

We've not yet got to noon and we've had over 3m reported volume (which will be much higher once delayed trades roll in). That's nearly £2m in value traded before noon (likely to be a lot higher post delayed trades). We have the volume of a main market share right now.

I wouldn't say that Pensana are 10 years behind. However, I would say that the upside there is much more limited in comparison to Mkango. We cover the whole value chain, and have leading tech that means we can roll out modular recycling plants at $600-650m NPV a pop all over the world.

The micro trades seem to be par for the course now that we are at a much higher market cap, as recently as a month or two ago we were only seeing a few of them. They always seem to coincide with an MM moving it's position on the bid and / or ask on L2 and are most likely either there to communicate positions or just to confuse us. I wouldn't pay any attention to them really, they have no actual effect.

Yep Canada closed for their Thanksgiving holiday, but US markets are open.

64p on the bid now, seems this train ain't stopping for nobody.

LSE have picked a bad day for my L2 not to work...

Saw the notification of that post from Will on my phone when I woke up this morning and got very excited thinking that they had released an RNS. Good summary of the business though and I'm sure lots of important conversations continue to happen in the background, with the first we hear about them being a 7am RNS.

Head turning buys is right SG, 63p bid / 64p ask.

62p / 63p, it’s flying, can’t keep up with posts.