Member Info for GLR1990

This is for 50% but you cannot apply until after 13th Oct 2025

Its like a posting period

Which bodes really well as I thought Cotec were on about this posting, but obviously not if they have already submitted bids.

Great team, I have full faith in management here and across the pond!

Looks like the US NOI (Notice of Intent) for a RE demonstration Facility Grant Funding Expires on the 13th October 2025

Will then proceed (hopefully) to application stage where HyProMag US can apply for up to $135m of Grant Funding

Very exciting, I am sure we will be near or top of the list.

That’s a sell

Hence why we are up on 14% (last 2 sessions) even with mammoth buys

Usually that would have sent us up 50%

Interesting time for both parties involved

Bodes well as the SP is moving north so clearly the buyer is too strong, what a price today £85K at 1.9p

Bodes well

A whopper, 8m in chunky sells or thereabouts

6m at 1.5p, wow the MM's took that one for a ride!!!

6m at 1.5p sold at 1.8 and 1.9p over the last couple of days.

6m is just under 3%, we will see if the rest of the trades belonged to someone if so will be some TR1's tomorrow, a seller and a buyer!

2.7m in delayed sells

Serious shifting of the book today!

Any idea who might want out (and who might be wanting in!)

3.6% of the company between those two buys if its the same person / institution

Interesting... TR1?

Yes agree CC, I have shares all over the world TSX NSDQ CVE ASX

Its not difficult.

Interesting Idea

May be worth reaching out to the CEO to look at OTCQB listing, especially if/when US interest heats up.

The warrants have likely been banked, but the initial holding have now been flushed / forward sold. This is a lot less risky for investors. Either way good news for us as less selling pressure (although I was hoping to add some more around 1.6p)

Without any events that we cannot foresee, this should really do 100% from here just based on its project and market. It would be very unfair for it not to do such a move, when other projects (some without a single asset) have skyrocketed over the last 6-12 months.

Albeit, I dont think I have ever invested in a small cap and not had a few headaches along the way, but as far as project, market, cash position and investor interest (US) goes, this ticks an awful lot of boxes for a micro cap.

Suspect we will proceed to the high 2's in the coming weeks. Although I dont like to make SP predictions, especially not short term. Can only say this is very attractive, which will bring investors in, and ofc the SP will do its thing when they arrive.

Spot on

Ultimately

- REE has an attractive resource, containing 42500 tonnes of (measured) material suitable for permanent magnets, the market is now more about specific RE's such as Nd, Pr, Ty and Db.

- Recent fund raise of £500K brought in a total of £851K, showing investor demand and retail interest.

- Favourable Jurisdiction with ground work already partially completed, showing a strong project with a promising resource

However these are much more important factors in the short term

- In September 2024 China set up an export tracking system, at the time I said this was a precursor to cutting off RE's which of course happened for several elements in early 2025 and now the entire tap has been shut off (this is also why I knew Trumps Tarriff threats would have zero impact, because China has been planning this all along way before Trump got in power)

- When China cut off Antimony, Gallium and Germanium in 2023/24, prices skyrocked in the following 12 months. (albeit some have come back down slightly) these are more aligned to the 'Chips' market (think Nvidia GPU's) vs National Security when you look at the importance of Nd, Pr, Ty and Db.

- My prediction then was that Nd et al would also 'skyrocket', albeit not at once but over the next 12 months. YTD NdPr prices have risen 55% and the US has introduced a price floor across the board at $110KG

The importance of this cannot truly be understated

Pre-2025, almost every single RE project outside of a few in Australia were not economical due to suppressed pricing and subsidies from China. Imagine you own 90% of a comoddity and you dont want the world to have it, so what you do it you offer subisidies in government, lets say tax breaks and 30-40% premiums on the exports to your in-house miners, so they can sell at prices that make every other project outside of china (and Myanmar) go bust. This is why MP materials Mountain Pass mine in the US initially closed down... and why it is now re-opening.

So anyone who is judging a RE company based on anything pre-2025, because the market has totally flipped.

What makes REE interesting is the following

- they have a deposit which contains national security minerals

- they have been ENGAGED by the US

Not only that, but look at the 'new' players in the market that didnt exist last time there was a major RE spike

- MP Materials now trading at ~$15bn USD

- USAR now trading at $1.6bn USD

- Niocorp and Ucore trading at serious numbers ($800m+)

In the UK we have seen RE projects also return solid gains, my LTH MKA (Mkango Resources) is up a cool 800% in the last 12 months and Pensana is up similar from the lows

So, as REE sits at an all time low, fully cashed up (albeit there is a £1m bond to restructure in a few months, I am not worried about this) then we have the opportunity to invest in the hottest sector in the world, at all time lows, in a project that has considerably increased in importance and value, and has US inter

Ah there we go, yes the last raise was £500K.

£3.5m it is.

Where did I get £3.5m cap from, its £2.5m correct (166m shares x 1.5 (make it easy)

So yes could easily do 100%, I didn't realise had it down as £3.5m and was targeting an easy move to £5m in short order.

Dear me this is cheap as chips.

Yep wouldn't worry tbh if holding short term then the £500K should last enough to let us know if the US are truly interested.

I remember when £1000 in MKA bought you 27500 shares.

Id say the good old days but they weren't!

Interesting concept that 42

When MKA was starting out in 2016, it was mainly the chinese who were buying everything up (hence our current holder TR1 talaxis)

The only suitor for a takeover was Lynas, who had a market cap big enough to swallow up MKA.

Now you have MP Materials $12bn, USAR $1.6bn, NioCorp $800m, Ucore etc.

+ The entire force of the United States

Other companies as well vs REE, Mkango £150m, Pensana £300m

These companies have paved the way for REE so to speak, the blueprint is there and demand wont be gobbled up for at least 10 years.

If they could expedite the DFS and get some funding H2 2026, then yes you could be looking at a lovely 10-20x in the next 12-24 months and who knows 100x if they ever get a lovely NSDQ listing

I only invest in companies with a logical path to 100x and this fits the bill, even if the hurdles along the way will be extremely challenging, sometimes you can fall short and still make a decent profit.

REE gets my stamp of approval!

It's definitely been forgotten about, the JORC estimate is very attractive

I even admit I took it off my radar, you have to remember RE projects were mothballed and taken off everyones radar, China had them all by the

But that's all changed now, RE projects can go via the US and become very economical again, and although many posts of twitter say 'rare earths aren't rare its the processing' you try digging them up in your back yard... you'll have the authorities there in seconds inc. the environmental agencies shutting you down before a shovel hits the ground.

I hope I haven't caused this flurry of buying

Nothing I post should be taken as investment advice :P

Although yes, I have been investing in rare earths for nearly a decade and yes, this looks quite attractive!

Yes so ideally...

US EXIM/DOD steps in a funds say 50% of the project costs + future offtakes

This makes finding a backer super easy for the rest of the project because future offtake is sorted, profit guaranteed (if it goes to production)

On a deal like this you would be looking at 5-10x

Next step would then be to prove the economics in the DFS, sign mining agreements and ESG's (pain in the backside)

Once thats done youd be looking at 10-20x from here

Then you need Capex funding which was estimated at around $270m, likely be $300m+ now

To get that youd again have to use the US (EXIM/DOD or thereabouts) or you could list the assets on the NSDQ at a valuation TBD but would likely be anywhere between $200-800m USD depending on DFS, economics, how the market is at the time.

So potentially 100x from here.

Yes thats a massive ramp and it wont happen overnight, will take years but IF the US are happy with it and want to take it forward then one has a path to great fortunes in time.

Will have to digest and review but based on those JORC estimates then it has to trade higher.

Neodymium is one of the hottest critical minerals in the world

https://www.cruxinvestor.com/posts/strategic-floor-pricing-signals-new-era-for-rare-earths

Recent global price rises

https://tradingeconomics.com/commodity/neodymium

So yes, if that estimate is correct then they are sitting on an enormous amount of potential.

And that potential is now very economical and strategic, which brings multiples in itself.

A very strong bet IMHO

It's not bad for £3.5m market cap I can tell you that

'Altona published a maiden JORC-compliant MRE in September last year. Prepared by Snowden Optiro, the MRE details a resource of 13.6 Mt at 2.42% TREO (Total Rare Earths Oxide) using a cut-off grade of 1.5% TREO, with 58% of the reported tonnage in the indicated category. The resource includes 42 500 tonnes of contained neodymium (Nd) and praseodymium (Pr) oxides, which are the most sought-after ‘magnet metals’ due to their usage in the manufacture of power drivetrains for electric vehicles and wind turbines.'

RE projects and operations were pretty much mothballed over the last few decades due to price controls from China, so they would subsidize operations internally and price suppress any competitors, this is what caused mountain pass (just reopened) in the US to close down operations China can survive at super low RE prices, the west and its allies cannot.

However, a few weeks back the US announced a price floor for NdPr oxides per KG with MP materials, a monumental ground-breaking deal.

The price floor was $110KG

This was massive and shook up the industry because it made projects valuable and economical again, Nd (neodymium) is a key component of NdFeB magnets (the magnets needed for AI datacentres, robotics, EV's, wind turbines, missile guidance, submarines, military tech etc.)

IF Monte has 42500 tonnes of contained Neodymium, you are looking at around $110KG so x 907.185 (lets us a US ton) so around $100,000 per tonne, multiply that by the estimate of 45000 and your looking at a $4.2bn asset (someone will use this to ramp now lol)

Last year that would have cost more to get out of the ground, Nd prices were half of what they are now give or take (especially in china) AISC would have been too much and it would have been too risky

With US national security at stake (see how much RE's are used in a submarine!) and with this project now very likely economical, id say this is a really strong bet.

Never know in this game but the landscape has changed considerably over the last 12 months.

It's got a chance to be honest

US could, depending on due diligence, invest something as small as say $10m USD or thereabouts to fund a full drilling campaign and most of the DFS, for say a 25-50% stake. Then they could opt to fully fund the entire operation for a further 25% something along those lines. Giving REE a free carry.

That would be super attractive.

Interesting, hottest market in the world right now.

Cashed up as of last week as well, letting people in before fireworks perhaps...

Anyone have a strong idea when this SPAC will list?

I am eager for it to be November/December, which is super quick and ambitious, but by my estimations that will be peak RE investment / crunch.

China issued full export controls in April, they then allowed some demand but warned tech companies not to stockpile, now that tap has been completely shut off we have seen the US propose $1bn immediately for critical metals, Lynas want magnets and are looking at raising $750m etc. all these investments will take place in the next 6 months, IF we can list in December then I am very confident IF we list at $400m USD (or thereabouts) it will double on opening day.