Member Info for flundra

I'd imagine MKA and advisers are prepped and ready to address any SEC comments arising from public feedback post the f-4 going public. They've hopefully wargamed this in detail and anticipated and prepared for anything that might emerge. You'd think they'd know if any issue was likely and have the answers ready in advance. I don't think we're anticipating any problems at least. Hopefully it'll be a fast smooth run to listing.

For comparison purposes, SpaceX (which I'm investing in) filed its confidential form s-1 in April. This has to go public 15 days before marketing shares to investors, and the general consensus seems to be that end June is most likely for ipo.

Timings for the SEC process for our f-4 route (foreign business combination vs domestic registration) are presumably similar? We confidentially submitted our f-4 in Feb. We're told by the companies they expect F-4 to be public (presumably having successfully completed the SEC process?) before the 5 June shareholder meetings, so I assume our prospectus should follow immediately, for a late June/early July listing.

More than happy to be corrected.

Thanks for the IG heads up biffa. Wasn't me reducing(!), in fact I'll be there first thing increasing. Perfect time for a big long spreadbet imo (sept or dec contract). To go alongside LT core shareholding.

Another is does the target own or have a lease of the magnet factory. Good to know these things.

And JPM stake building in Lotus Kayelekera in Malawi bodes well for Songwe.

https://www.ad-hoc-news.de/boerse/news/ueberblick/jpmorgan-takes-a-stake-as-lotus-resources-accelerates-malawi-uranium/69286274

Cotec announcement re qualifying for the highest quality OTC tier. Great news. Apologies if already posted.

Vancouver, British Columbia – May 5, 2026 – CoTec Holdings Corp. (TSX-V: CTH; OTCQX: CTHCF) (“CoTec” or the “Company”) is pleased to announce that it has qualified to trade on the OTCQX® Best Market, operated by OTC Markets Group Inc. (OTCQX: OTCM). CoTec upgrades to OTCQX from the OTCQB® Venture Market, effective today.

U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.

The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.

Julian Treger, Chief Executive Officer of CoTec, commented: “Graduating to the OTCQX Best Market is a meaningful milestone for CoTec and reflects the significant progress we have made as a company. As we advance HyProMag USA toward commercial production of recycled rare earth magnets and continue to build our broader portfolio of critical mineral technologies, OTCQX provides us with a platform to engage a wider community of U.S. investors who recognise the strategic importance of domestic supply chain resilience.”

Hopefully BKY are busy lobbying.

Ursula (and the majority in the EC) will no doubt fully understand Salamanca's importance. As will loads within the Spanish government, although they've hamstrung themselves by going antinuke eg to keep some minority coalition partners sweet, and hence the government together.

Interestingly, Teresa Ribera (formerly this Spanish government's Ecological Transition minister who supported the antinuke stance) is now VP of the EC Transition under von der Leyen 2!

Interesting. EC thumb screws working? It would take 10,000V and electrodes on the cojones to move Spain, but you never know. They might even think about securing domestic fuel supply too...

This from the quarterlies:

With Spain still scheduled to begin reactor closures at Almaraz from 2027 under the current phase-out plan, debate over the future role of nuclear power intensified after the Iberian blackout in April 2025 that plunged much of Spain and Portugal into darkness and exposed vulnerabilities in the Iberian has intensified. Following the Iberian blackout, industry representatives highlighted nuclear energy's contribution to system inertia and grid stability.

o Adding to the debate, the European Commission has urged member states, including Spain, to avoid the premature closure of nuclear power plants that can still produce reliable, cheap, and low-emission electricity. This comes within the framework of the new AccelerateEU energy plan, communicated in April 2026, through which Brussels aims to strengthen security of supply and reduce dependence on imported fossil fuels amidst international instability in energy markets.

Highlights for the year include:

Operational:

HyProMag USA (60.3% interest) – recycling of rare earth NdFeB permanent magnets:

Appointed lead engineers Pegasustsi and BBA to perform Engineering, Procurement and Construction Management (EPCM) services to produce rare earth magnets in the U.S.

Entered a pre-processing site sharing and feedstock supply agreement with global electronics recycler, ILS.

Commenced stockpiling of electronic waste material ILS Facilities in advance of commissioning of manufacturing facility in Dallas-Fort Worth, Texas.

Purchased three Inserma pre-processing and printed circuit board (“PCB”) separation units which were delivered at the ILS facilities in the USA in February 2026.

Expanded planned magnet production capacity to 941 metric tons per annum of recycled sintered NdFeB magnets and 611 metric tons per annum of associated NdFeB co-products (total payable capacity – 1,552 metric tons NdFeB) over a 40-year operating life

Finalized a long term lease agreement for its proposed magnet recycling and manufacturing facility in Dallas-Fort Worth, Texas.

Progressed detailed design and engineering to 30% for the Dallas-Fort Worth facility and expanded the design to include three Hydrogen Processing of Magnet Scrap (“HPMS”) vessels.

Published independent ISO-Compliant Product Carbon Footprint study which confirmed a exceptionally low CO2 Footprint of 2.35 kg CO2 eq. per kg of NdFeB Cut sintered block.

Completed concept study to evaluate the expansion of its operations into Nevada and South Carolina and complementary “Long Loop” recycling.

Secured a “Make More in America” domestic finance letter of interest for up to US$92 Million From U.S. Export-Import (“EXIM”) Bank.

Advanced financing discussions with commercial banks and continued engagement with the US Government.

I doubt we're contractually stuck at 25tpa. It's surely a safe assumption the paperwork's well drawn and we can increase to nameplate when we want. The leasing/licensing agreement for the UoB kit will doubtless provide the mechanism, eg by increased fees or option to buy. It comes with a cost, sure, and this was perhaps a surprise. We're all going in the same direction though and I'll bet my boots we're not beholden to UoB to increase. It would indeed be nice to know how much, but again it's a safe assumption it won't be iniquitous amounts, and we've got the money now. I suspect this issue is more of a molehill not a mountain, about cost if anything at all.

More widely, I'd like Hyp to disclose more detail on the licensing and kit agreements with UoB.

Https://www.share-talk.com/mkango-resources-progress-builds-as-the-market-waits-for-delivery/

This much better. Posted by khuto this morning.

Now THAT's what I call a happy customer!

Thanks for posting, Floyd

Https://www.pressreader.com/malawi/malawi-news/20260418/281539412536553

Just popped up on Google alerts. Procedural/administrative bureaucratic machinations rather than any concern perhaps.

Sounds about right. I also saw JT's "Perpetual" as a positive. Basically no problem. We know for sure Hypromag have the right to sublicense (website says so).

Good interview, emphasis on the importance of the HPMS technology.

I'd like to understand more about the HPMS licence arrangements. "Perpetual" suggests it's paid for, and i agree another question is does that include future incremental improvements. And when the patents expire the licence presumably falls. The FSs refer (I think) to ongoing payments for the tech though.

It's perhaps more likely there's detailed licence agreements between UoB and Hyp for HPMS and future improvements, with a sublicense to Hyp US, with ongoing licence and sublicense payments tied to successful commercialisation of the tech. Option to buy too perhaps.

Same post from me today having hopefully got the date right now...

Was anyone at the meetings this morning? Was the GM adjourned if the Court meeting didn't sanction? We'll presumably hear later today.

Atm I guess from the unmoved SP that both meetings went ahead and approved the combination. Anyone know?

Whoops sorry day early🤦

How did this morning's meetings go?! Can't find anything on the Internet. SP hasn't budged, so can we infer court sanction and a shareholder yes vote?

Excellent Cotec news yesterday:

CoTec Receives $19.9 Million From Warrant Acceleration

95.6% Of Warrants Exercised