Member Info for GLR1990

***end of 2026!

What I would also point out, and this cannot be stressed enough, is every development we make now, acquisition, partner / offtake and supplier, every hurdle we overcome, is all going to be bundled into one big beautiful IPO document come the end of 2027.

The big picture just got a whole lot bigger.

This is great news because the cheapest magnet I ever found was $19KG (for an N32 I think it was) going all the way to $30-35 for the sintered grades, this was at the peak of china suppression and pricing

So if all those peak low metrics are up by say 50%, that means our extremely world beating low cost extraction / production estimates ($22KG in the US!) $32KG in the UK but you can apply for electricity subsidies (being discussed) means we can likely continue to produce magnets even in the worst case scenario, ofc at current prices we are making a very healthy profit. This crucially means that HyProMag will continue to survive even if all others fail.

Hmm I might be wrong actually, I thought it mean to request £2.5m you need £2.5m existing resource, but I suspect you could request £2.5m and have £1.25m resource?

Here is the criteria for the next round (July 2026)

https://www.apcuk.co.uk/funding/collaborate/

HL is always like that.. usually happens by mid afternoon

I remember buying into the CBX and KBO (Kanobo) cannabis IPO's a few years back, and they spiked up 500% on open, by the time I had my shares (late afternoon) it was 300%, I was still over the moon but swore id never use HL ever again for an explosive IPO or fundraise. Obv no intention of flipping here and actually if anyone was the bid is much higher now than this morning :P but yes in short, HL always seem to be mid to late afternoon delivery...

Looks like the grant is going to try and help us scale up to 1000tpa, which has been mentioned a few times in RNS but never with any substance as to how or why we came to that figure.

Bittersweet that is has to be matched, but stops the government handing out ridiculous amounts of free money and ensures the companies involved are committed as they have also put their money in, so I am onboard with that.

Looks like its going to be £5m+ (£2.5m UK GOVT) for the consortium project, and I would suspect a few million for the scale up (in the fundraise we marked £925K for HyProMag UK) however I am unsure if that would be for both projects, or just one.

Either way we got an extra £2.5m from the LIFE offering so that has now seriously helped.

Did anyone rule out GKN PM?

https://www.reuters.com/sustainability/climate-energy/gkn-cancels-plans-magnet-factory-setback-europes-rare-earth-aims-2026-02-27/

Because if we have bought that pilot plant for £4.3m and THAT can be used to expand to (who knows) and increase magnet suites et al then this, for lack of a better word, would be ******** massive.

Especially since they had an existing offtake with Schaeffler and partnerships with Ionic (a rival)

Hmm you could be right as it says the 'plant' and not the 'site', so suggests the 'machinery' is capable of producing 750tpa as it currently stands.

Pretty good update (albeit we always seem to get a bit of a 'huh' moment, in this case the 3 year ramp up to 750tpa!)

Happy with 100tpa minimum for now scaling to 350tpa very shortly, for EU. Very bullish and it would likely cost another £10m to expand to 750tpa so why rush it? Surely we dont need to do that right now and can wait / sit until a potential grant comes through.

IMHO the big opportunity is window dressing the US operations and the US IPO, everything we do now will add 2-3x (or more value) to the eventual IPO - acquire bolt on companies that can be scaled across to the US? The IPO gets richer. Sign offtakes in the EU and the UK (even if its just 100tpa) the IPO gets less risky and safer. Again if bolt on companies allow us to produce more magnets (e.g. N52SH) then this opens up the door to more customers, more supply agreements and more investment, again increasing the attractiveness of the upcoming IPO and window dressing the company for significant US investment.

So although id love to be producing 1000tpa right now, its truly not needed. We just need to dress everything up nice and sharp, make it look as attractive and risk free as possible, and then go to market.

Good afternoon all

Thought I would do a post today as the dust has settled regarding the raise and, perhaps because its sunny day, I am feeling extremely bullish for the future of Mkango and HyProMag.

Bullish #1

F4 Form becomes public

Sooner or later we will get the details of the F4 form aka IPO submission for $MKAR - This will then likely go on a 'roadshow' by the team to attract and/or finalise investment decisions around the SPAC. The initial estimated value was $400m, but its nice knowing that even if we achieved 50% of this figure (which is absurdly low) it would be more than the current market capitalisation of the company. Very exciting times.

Bullish #2

Germany Acuisition

I have seen some speculation on here and the shoe does fit, but ultimately it is going to be a momentous occasion when we take full control of HyproMag Germany and announce what looks like a ~£4m bolt on acquisition, which to be fair if it gets us over a few technical hurdles then its as shrewd as it comes, work smart not hard. (not to mention buying any RE asset in this environment is almost incredible, I would like to know if there was competition and how we moved quickly if not)

Bullish #3

HyProMag IPO

Likely going to be the collective sum of the parts IMHO, not just the US assets, but we will see in due course. Cotec last update suggested that FID for MKA US would be in Q2 this year, or worst case slip to around mid year (summer) and the IPO was targeted for Y/E / Q1 2027. What's interesting is Cotec (as of the 10th April, we will know more) are extremely cash rich, so may be looking to cornerstone the capex for the 1st plant (they may also be looking at an acquisition as they did say they will be onboarding potentially 3 new technologies in 2026) so perhaps take the cash pile being deployed into HyProMag USA with a pinch of salt, but regardless to have MKA and CTH cash rich at the same time cannot hurt.

Bullish #4

We are right in the window of various government commitments, remember

- Songwe had an initial expression of interest for $100m USD from the US GOVT

- Songwe and Pulawy are both EU strategic projects

- HyProMag USA still has a $92m USD EXIM bank loan, which CTH may opt to cornerstone with other investors if needed (now cash rich, to unlock the loan like MKA have done with Germany)

All in, I see a very promising and lucrative future here, in what is still an extremely hot market.

Was it a shame to see the raise at such a price? Of course, but the market looks forward always and if we want to make money, we have to do the same.

A great year ahead.

Sp wise, There's a massive war about to break out in Iran, dont look into it too much.

Rare earths are still incredibly valuable, if not more valuable due to recent events.

Why has this taken a tumble whilst HE stocks are flying?

Worth a position here? Board seems mixed with optimism for the future but cautious about previous failure to deliver and missed deadlines.

Hi Draft hope you are doing well

After hours yesterday (5.01pm)

Notification of Major Holdings RNS: Below

3. Details of person subject to the notification obligation iv

Name

Omniplex Holdings Unlimited Company

City and country of registered office (if applicable)

Dublin, Ireland

4. Full name of shareholder(s) (if different from 3.) v

Name

City and country of registered office (if applicable)

5. Date on which the threshold was crossed or reached vi:

25/03/2026

6. Date on which issuer notified (DD/MM/YYYY):

26/03/2026

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuer (8.A + 8.B) vii

Resulting situation on the date on which threshold was crossed or reached

5.35%

N/A

5.35%

4,882,000

Position of previous notification (if

applicable)

N/A

N/A

N/A

*** Omniplex take a 5.3% stake in Everyman.

Agree both seem to operate in the same space, not just cinema but the way they approach service and customers, they also bought empire cinemas a few years back so very competitive. Interesting move.

Oi whats going on ere?

Irelands largest cinema chain takes a 5% stake... ?

My not giving advice would be dont worry about what UK investors post or do in the next couple of hours, we are known for taking small profits

If the US investor bases realises that 80M has a 30% stake in the same asset that is currently valued at $600m USD (for 70%) then the US investor base will pile into 80M like there is no tomorrow and no warrants, trolls or posts on this BB will be able to do a single thing about it. Thats the trade for me, position, hope the Americans catch on to the enormous value disconnect here, and pile into 80M sending us to 3p+

Quick cals

CURRENT MARKET CAP £70M GBP = 1.5P

~92M USD

GLND FOR EVERY $10 IN SP = 100M USD TO 80M GIVE OR TAKE

$36 = 360M USD FOR 80M 30% STAKE

EVERY $10 = 1.5P

Current read across value = 5.25p!

WTF!!!!!!!

Wow!

https://uk.finance.yahoo.com/quote/GLND/

This is insane, every $10 is around $92m USD to 80M! More than our total market cap! WTF!!!

Hopefully does a $WSHP (but without the con job downfall) then went from $100m to $1.5bn in around 5-6 sessions, anything could happen here but will remain nimble

Either way the $10 value was 1.6-1.7p wasn't it so this is just ridiculous read across value now at $19 which should be around 3.4-3.5p

Got to hit 2p+ otherwise I might just stop investing in UK stocks :-)

BOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOM

How about that folks?

Yes its going to be super volatile... but current read across value to 80m is over 3.5p!

GLND wont be live today because PELI still haven't submitted the form to the SEC

Once they submit the form it will likely go live the next trading day.

Unsure why this part is taking longer than expected.