Member Info for GLR1990

Chickens were actually one of the original tariffs between the US and the EU! (and still are to this day I believe?)

Well considering the US GOVT will likely be paying for them I dont think the Tariffs will matter, unless the government is worried about paying itself :-)

Feel like this might be the 'safest' stock to own (famous last words, dare I say it!)

They have exposure to 20+ investments, they are all solid investments with valuation increases here and there, not a one trick pony where everything is solely represented by one model or idea, and if that fails the stock goes to zero.

Deepseek should in theory help most if not all of MFAI investments, and it only takes one or two to really take off to see this double or even treble (remember BRH during covid?)

So I think id rather put some investment here for a short to medium term hold, vs a day trade, and lets see what they announce in the coming weeks.

QBT did 200% from a similar market cap

Be great if this did the same today, but we will see

AI market overall will boom now, why invest anywhere else?

This is unbelivable tbh

96% cost reduction

Not specifically saying this for CYK but the entire AI industry just got an absolute rocket up its backside

Read through will be astronomical

Could seriously be looking at the next major bubble, like 2000

Interesting isnt the word!

And all these AI stocks have first mover advantage

Yep spot on, and as per yesterday presentation this year we will only be making ~30tpa of product (averaged out per remaining months) so very little revenues

Of course once we start scaling up, I think we will all be handsomely rewarded.

The £2m cash injection + hopefully another £1.25m via warrants + whatever was left in the bank from Aug/Sep should easily see us right the way through 2025 into 2026 with some cash spare, so its a relaxing raise and as per my thoughts yesterday, the SPAC could send this up 100-200% in short order. Once that definitive doc comes through we can start pricing it in (even if the SPAC takes 6-9 months to conclude)

Weird situation

On one hand, we have a non binding agreement (which to be fair, is valuable but nothing compared to a definitive, legally binding document)

Which indicates we could be listing Songwe for a minimum value of $50m USD (who knows where it goes once listed, up or down, anyones guess)

That event, if comes to frution, covers the current market cap so the recycling (worth £20m+ minimum) is in there for free... in other words 16-20p per share of value.

So the contradictory part... if this is about to commence... why raise at 8p valuation?

I can only conclude that when someone offers you £2.4m and you dont have a definitive agreement in hand that confirms you will be making $25m+ in due course... you take the £2.4m to cover expenses and growth for the next 12-18 months, and you put yourself on good footing to conclude the NSDQ listing and advance your recycling projects.

So in short... bold and smart move by the BoD. (Albeit short term paper discount)

I approve!

Good amount raised, not a great price

£2m+ at 8p, perhaps a short dip tomorrow but I suspect we will be bought up heavily in the coming sessions / weeks

Presentation was good, AL in NYC as we speak regarding the SPAC

Hinted that the listing will be 'at least' $50m USD and that's if they end up on the tier 3 market, he cannot say anymore at this stage.

So majority stake will partly eclipse current SP

Binding terms document will show actual valuation achieved for listing... no timeframe on this document sadly, could be next week, month or forbid, year. (Although he is out there now, so one hopes relatively soon, and we are paying people so quicker the better!)

So in summary, frustrating to see the paper holding drop back to 8p, but in the last six months we've gone from a low of 4p to a high of 12p, and settled somewhere in the middle for a raise, the last raise was 5p so its a 60% premium for twice the amount... no matter how frustrated we are, that's good for any CEO and shows substantial progress and market interest.

If we can raise another 60% from here, everyone will be happy. (although expecting a lot more!)

**even an all share that should have said, obv cash is king!

Anywhere from 3-9 months, so likely somewhere in the middle.

BUT, along the way milestones will be met and LOI's will turn into definitive agreements

The only reason we are not trading at 25p+ is because the market is sceptical that the LOI will convert into a binding agreement, investors will come on board (although I suspect that's already been established, otherwise why even set the wheels in motion) and there's major appetite, Greenland is in the news every day and its not for their fish I can tell you that! Its for the major deposits of RE's.

As mentioned, if someone made an offer for Pulawy and Songwe yesterday in the region of $50m USD, even an all cash offer, we would have SKYROCKTED - this is no difference in terms of valuation here or there, heck even if someone made a $20m offer for Songwe we should have at least doubled from £27m market cap (£33m today)

Is this one of those RNS where it takes a few days to fully digest and next minute were sitting at 20p+

That's what I thought, so regardless our share price will rocket

If it were to list say March 31st, I guarantee MKA would not be trading at 11p in anticipation of a $25m+ capital injection (albeit via what could be illiquid stock!)

Can anyone with market knowledge of all things over the pond, explain how this listing would work and the minimum validation / fund raise?

MKA state 'would own a majority' which suggests at least 51%

This immediately confirms to me, that someone (an external investor perhaps, yet to be announced) wants 49% of Songwe/Pulawy.

General SPAC listing rules suggest, the listed entity must:

- minimum bid price of $4 per share and a post merger share count of at least 12.5 million shares

- thus meaning the listed entity must start with a market cap of 'at least $50m USD'

For MKA to successfully list on the NSDQ via SPAC merger, the absolute minimum valuation would in theory have to be around $50m USD, but a more realistic valuation may be higher when you consider MP materials is listed at a 30x PE and compared to NSDQ peers, Songwe and Pulawy may look cheap.

We need to confirm this to be true or false, because if its true then MKA could be looking at a $25m+ stake in a listed entity, for two projects COMPLETELY SEPERATE from the RECYCLING BUSNIESS which has carried all of the value over the recent years.

And on that note, of course the current share price of 10-11p would need to be eclipsed by at least another 10-11p.

As above, this is not investment advice, NSDQ is not my area and I am unsure on the rules, but ideally someone can confirm or debunk the above. Thanks in advance.

Long may it continue

Surely we can settle minimum 12.5p, WD paid a fortune for those!

We funded it in 2023 via a convertible loan from MKA to HyProMag GER (once converted we own 90%)

Not a chance cyber

RE's are too important for defence

https://www.defense.gov/News/News-Stories/Article/Article/3700059/dod-looks-to-establish-mine-to-magnet-supply-chain-for-rare-earth-materials/

MP Materials

https://investors.mpmaterials.com/investor-news/news-details/2022/MP-Materials-Awarded-Department-of-Defense-Heavy-Rare-Earth-Processing-Contract/default.aspx

I suspect we will obtain investment from the MoD.

Would be hard to make a successful bid atm with Cotec and the new US appointment for Songwe, any bid would just prop up the share price, I doubt any would be successful. Only Talaxis could make a potential strong bid as they hold ~25% but even then it would be rejected outright, if they want more they will have to buy open market and push the price to 20p+, we have gone from 5-10p on ~8-9% of the marketcap being traded, lot further to go if someone wants a sizeable position here to make a strategic move!

Well that's 10% traded in 3 sessions (3rd session still to complete)

Most aggressive buying I have seen, we have warrants at 7p and places at 5p and nothing is stopping it atm which is even more unprecedented

If this continues and we get to 15-20% traded in short order with no declaration / TR1 I am going to get suspicious that a hostile bid is en route... dont get me wrong we will all make a fortune but it will be a cat amongst the pigeons moment, to be fair if there ever was going to be a bid now is the precise time, low market cap, proven technology and sound economics... what more do you want?

Https://www.biv.com/news/resources-agriculture/bc-firms-plan-to-build-magnet-recycling-plant-in-texas-9861673

Nice interview with JT

I like this part:

The Chinese have been taking steps recently to restrict various strategic materials,” CoTec CEO Julian Treger told BIV News.

“Most recently the Russians have done something on uranium. And it’s just a matter of time before there are further restrictions on rare earths magnets. And they are crucial not only for strategic purposes such as night goggles and ballistic missile guidance systems, but also for drones, robots and super necessary in the hard drives that power AI. So, sooner or later, the ability to generate a domestic recycled supply of these materials is going to be very, very valuable.”

Covid was the last time when Talaxis took a 30% stake fat 24p

Went from 2.5p to 38p - fortunes were made

5p - 50p will be nice! Although think to get past 20/25p we will need a blue chip partner / offtake agreement. 750t of NdfeB magnets would be ~$50m USD perhaps a lot more so if an offtake did land it would blow the doors of the SP