Member Info for Gallmat

Even if he did that, the rare earth market is now changed.

Even a truce with china does not imply mineral security. Companies like tesla, apple cannot expose their supply chains to this risk.

Our capex is a drop in the ocean.

I wonder how many tesla cars is equivalent to the 50m usd equity needed by cotec :). Maybe If we expressed it in the number of iPhone people would get it :)

it's almost laughable.

people spend ages trying to find stocks with long runways to grow, a moat and decent margins.

we have it here with governments and some of the largest global companies ****ting themselves because their business models are at risk.

can you imagine a situation where the eu and uk do not assist. what alternatives do they have :)

Amazing how short sighted aim is.

Articles like this and coverage of defense programmes at risk. Only a few companies can even hope to solve the issue in the short term and some sell :)

If this was a nasdaq listed stock we would be flying

Great article Floyd

The price of these magnets is now going to be inelastic. Key industries are not going to worry about paying 30pct more for some tiny magnets which are a fraction of the overall cost.

The amount of money needed by mkango and cotec is tiny compared to the security they offer huge growth industries

Given the huge run up in gold prices I think it is hard to say a historical calc say as of 2010s reflects what we lost. We always said we want to build a mine.

Maybe in other cases they let it go because there was not much difference in the commodity ( gold price). In this situation we would be nuts to make our opening argument not reference current gold prices.

One thing I always say.

1 project ( 3pct of usa demand) is 600m npv. 240 mka and 360 cotec.

We don't need to set the world on fire to massively rerate.

Agree stock genius

Careful what you wish for :)

🚀 🚀

Example of another rare earth recyclers getting investment at 150m usd pre valuation.

Add in our mine we should be much higher!

It will come

https://www.ownsnap.com/why-arec-stock-surges-44-today/

You would think 50m usd is nothing for the usa given the size of the problem

But even if it is less, I am sure we can attract 3rd parties now.

Cyber.

I agree hypromag usa cannot save them in short term. I would say they are the faster option they have.

From the great podcast there seems to be strong bipartisan support. I expect the usa will throw cash at every option - it is just too important

Oh OK. They put the wrong release date on the notice.

All good. Thx

April 2024

One key thing on claim size.

We all remember when there were articles in times of india when they were talking up the auction.

The Indians themselves were saying it could be worth 1bn+

Personally if the people you are suing say it is 1bn, it would be a little strange for you to say it might be worth less.

The poster boy of rare earths mp materials.

Just said they cannot use half their production why. Lol, they shipped it to China for processing and the tarrifs kill them.

So the lead guy has explained how dependent they are on China and why they don't really have the solution.

This guy does amazing work!

https://x.com/OC7990/status/1912979438108606499?t=2uMyDhatdb9LVhfMn9269g&s=19

Step up mkango!

Fair enough. Maybe best not to buy it

Why is a gold miner who has no money apart from the right to dig up gold valuable?

None of us have a crystal ball we just need to share what we can to get an edge. If we get things wrong that is life.

I don't hold anyone to anything they post. That is my responsibility

Why are we having ago about a poster who does not run the company.

He posts valuable info and we read it.

If they need cash they need cash. If you believe we need storage when centric is cutting the pipe on haldlf of the uks capacity and when we have lowest in europe I think that is the key focus

Fact centrica say they will not use rough facility has me more interested. That is half of uk gas storage capacity.

They keep raising the smoking gun of billions of subsidies to the gov.

Nobody likes that. Even if they agree, they should approve alternatives because this is not s negotiation they like.

Trump and china anyone? Ring a bell!

Looks like a cream on the cake raise.

We will support you at stage 2. But just give us a bit more of a boost.