Member Info for flundra

Copy that. Morning Myles.

We might see included some post period info I guess.

Also, 30 Aug's been and gone. Long w/e in US but I've not seen anything yet from US DoD re Myles' 19 Aug comment below. Might we hear something in the next couple of days?:

Decision due by a week on Saturday (30th August) - as guided by the White House itself - which means RNS anytime from now until 7am on Monday 2nd September.

Thanks guys, I've got Bres's bonnet open now and am having a good look. Liking it so far.

SVML and HREE are buys for me. I know you're not supposed to x ramp on these chatboards but if it's critical minerals in Southern Africa (and more) you're after, try MKA, by far my biggest single shareholding and ready to pop.

Https://www.reuters.com/sustainability/land-use-biodiversity/trump-administration-expand-price-support-us-rare-earths-projects-sources-say-2025-07-31/

Re the WH/Navarro meeting. Myles told us JT attended which I take at face value. I recall JT himself indicated he had too.

"The administration officials plan to meet again with the companies in roughly four to six weeks."

Meeting was on 24 July. Article released 31 July.

This might be where DoD investment "by 2 September" comes from?

Thanks esduk, sounds like a v useful presentation. Will watch later.

Not being facetious, but did the CFO look/sound like DoD would be signing up by Monday?!

All possibilities. And I'd also welcome t/o from whoever if the price is right!

I'm more positive about potential Western incl. US interest. On top of strong historical links, they're building a smart new embassy in Lilongwe for $374m, and investing more in the economy. And the US IDFC has approved 2 sub saharan critical minerals infrastructure projects (possibly in Malawi) i.a. to counter Chinese influence. Some indication there of a longer term view.

Ps I'm buying SVML and have also dipped my toe in HREE, looking promising. Sounds like I should look at BRES too.

Maybe not the best share to be selling right now, if it's true a HypUS / DoD investment decision is a day or two away. And not forgetting Japan and the rest of the near term news due. It might feel a bit quiet last day or so but imo it's anything but!

Https://www.barrons.com/news/sweden-seeks-to-lift-ban-on-uranium-mining-in-nuclear-energy-push-c2d1cbb2

Looks like fellow EU member Sweden will lift their U mining ban next year. (The current right-wing government is seeking to overturn the previous left-wing government's approach to nuclear.)

Might something similar happen in Spain (leading to permitting Salamanca, and more) if PP lead the next government? Or sooner if the current government see the light?

Also the arbitration's a good plan B.

Rio's strategic review and the DFS may well conclude around the same time and impact on each other. If Rio divest it's a good time for another major to step into Rio's shoes to take the shareholding, operatorship and marketing rights. And/or bid.

It seems that Malawi is becoming more West leaning and enthusiastic about mining but (Rio in SVML aside) the majors aren't there in any force yet. So it would perhaps be a big boy taking the plunge for the first time (and why not - Rio did). Or how about someone like Iluka, who've just partnered (off take and loan) with Lindian's RE mine in Malawi, and who have rutile as one of their main focus areas. Just a thought.

The important bits imo are:

1 Statement of Claim in the arbitration timetabled to be submitted early 2026.

2 strong and increasing political pressure to reverse the ill conceived phase out of nuclear.

Prospects for this share are improving imo, glacial pace still atm, but that could change for the better.

Https://discoveryalert.com.au/news/kasiya-rutile-project-transforming-malawi-mineral-2025/

Https://africanminingmarket.com/lindian-resources-aims-for-a-first-rare-earths-mine-operation-in-malawi-by-q4-of-2026/23341/

Malawi's first RE mine, although Songwe might beat it?! Interesting funding story. Note "strong demand from IIs in Australia and abroad".

No I wouldn't have believed a rise from 4.5p to 45p over a year, but neither did I see the collapse from 37.5p in 2021 to 4.5p.

One of those shares to have the courage of your convictions and keep buying imo. Luckily I've kept faith and filled every pair of boots I have with MKA shares.

So roughly £2m cash for MKA as the warrants are exercised?

MKA are v good at protecting shareholder value. Warrant exercise by discussion/agreement between MKA and warrant holders perhaps. Keeps a bit of cash coming in whilst the projects progress and the major funding gets organised. V positive.

Cotec Statements filed today.

Julian Treger, CoTec CEO commented: "CoTec delivered another quarter of strong operational and financing progress across our portfolio. At HyProMag USA LLC ("HyProMag USA"), CoTec's U.S.-based rare earth permanent magnet recycling and manufacturing joint venture, the detailed design and engineering ("DDE") phase remains on schedule and within budget, following the engagement of PegasusTSI Inc. and BBA USA Inc. as our EPCM partners in April. We also received a letter of interest from the U.S. Export-Import Bank for potential financing of up to US$92 million - a significant milestone as we advance towards final site selection.

Interesting article. And it's Iluka who have just entered a RE offtake (and debt funding) with miner Lindian's RE mine in Malawi.

Https://www.nyasatimes.com/chakwera-hails-kayelekera-comeback-as-proof-his-mining-reforms-work-for-malawians/

Kayelekera reopened by the President no less. Warm words (mostly). Bodes well for Songwe, we got our MDA at the same time.

Part of defending against early lowball t/o offers imo, is MKA managing newsflow so well. Like others, I believe there is a lot going on behind the scenes with funding, offtakes and progress etc. Some agreements are probably already well progressed or in the bag, as can be inferred from the research and knowledge shared on this chatboard eg, but yet to be officially announced.