Member Info for GLR1990

Imagine a TR1 from a US based institution?

Or an OEM...

Or cat amongst the pigeons, a HK based trading house...

10m yesterday and already knocking on the 4m door today

~5% of the entire company traded in the last 2 days

TR1 en route?

This is arguably the most bullish day we have had since Covid

up 30%, over 3% of the company traded, warrants at 7p and they cant bring it down

How about that manipulation again last week right before cotec announced the talk tomorrow, then buying back. Wasn't we down .5p on the same amount of buys and sells!

Yep £1.25m

2% of the company traded today (~6m)

Surely some warrants being converted now with a 10% premium on the bid

Few more catalysts and the balance sheet should look very strong

Superb economics B99 in a difficult environment

Also, compare those economics to traditional mining?

Construction of only $125m CAPEX (vs a mine which is quadruple and has permitting risks, ESG risks, geopolitical risks) makes this an absolute shoe in for funding.

$19.5KG AISC is absolutely superb, even in china the magnets are selling for more than that.

Performance will be key, we did note a marginal / slight drop in performance vs traditional NdFeB magnets straight out of the ground but at some point the world is going to need to go recycled and we have time to optimise. This isn't a balanced statement, our performance was EXCELLENT just not 100% matched, which may be impossible to be fair anyway.

The good news is the US are funding these projects.

Next 3 months obviously we now want to see future offtakes in place, to derisk the supply chain further.

JT mentioned Ebay for the first time in a recent call, along with Apple and Tesla. Ebay is a very interesting prospect and would fit in perfectly. He also mentioned Amazon.

Obvious other risk is now the technology is not only proven both technical wise and economics, we may get some hostile bids or at minimum someone looking for a large stake. A bit like Star link taking a position in FTC.

It is now clearly evident that this is point in our lifecycle where we begin to accelerate to a much higher valuation, potentially 10-100x from here over the next 12-48 months.

Ooh lets hope its a very positive BFS

John is on the board of Maginito, not unusual to bring along a COO for a 'market update' however if its a half year or end of year usually the CEO and CFO attends, or just the CEO, as he is on the board of Maginito one can only hope we are about to release a very positive BFS.

Definitely excited to read the Cotec BFS in the coming weeks, Ionic certainly does bode well

Lets hope the BFS unlocks some funding in the short term, be nice to get $30-50m on board to start building out the process. Suspect we may get some funding in Jan/Feb once the UK plant has an official offtake etc.

Seems to trade between 5.5p and 7.5p at least in the absence of material news

Ofc, as soon as I try and trade this to get more shares, we will announce a tie up with Apple or Tesla

Does seem quite manipulated however, I mean why wait until today to offload that much?

Doubt any of it would be reversed, maybe allocated towards US production (vs overseas) but HyPromag US is

- reducing reliance on china for the most critical minerals

- securing US jobs

- Security for the US military

- Security for US tech / large OEMS

- Security for US EV's (China has already been banned from setting up multiple factories)

All volume is good volume

Sellers get out, new buyers take hold and look forward to the future

That's fine... the world has aligned for Mkango / HyProMag

Sit back and relax

THE TARIFFS!

Better have some domestic production ASAP!

'UK Export Finance (UKEF) will now be able to provide financial support to UK companies supplying critical minerals to UK exporters in high‑growth sectors such as EV battery production, clean growth, aerospace, and defence, furthering the government’s Net Zero ambitions and building supply chain resilience.'

They should look into funding the scale up of the recycling plants, surely they can give us a loan? Our product is required by both clean growth and defence.

Ask kept high I think because a buy order is in, yesterday they were trying as much as possible sub 6p, today they cracked a bit but remained patient not spiking it up to 6.5p+

We seem to have a very interested party behind the scenes, and who wouldn't be with all the geo-politics moving in Mkango favour once again.

They will clear soon, with no cheap shares on the horizon (for a good while now as we've raised £2m since April) plus any good news and we will get another £1.25m at 7p+ from the warrant conversions, that should take us through for a very, very long time.

Once it clears as you say will rocket. I suspect just in time for that US DFS.

Some nice buys today, surprised the price hasn't edged up

Myanmar situation has escalated, quite a lot happening globally now in the RE space and all very suspicious in regards to western supply.

Another reason to sell all our assets in Malawi and focus on the recycling / processing!

Still maintain my stance of 20p by Christmas

Chance increased further today with the very concerning news coming out of Myanmar

Does that apply to a company that has disposed of its assets and become a cash shell on the LSE or is that just in relation to SPACS which are set up with the intention of a RTO?

Either way, the £100K wont last very long, certainly not 2 years unless everyone is remaining on board for free and LSE have waived all costs associated with keeping a listing.

Superb read, they do seem extremely excited (especially in the NT) about HyProMag US

Although on reflection, I've seen much lesser outfits receive substantial amounts from US DoD, Government and US based investors.

We do need a solid BFS thought, its like buying a house... looks really nice but you still need a survey before buying! Should the BFS look solid then I will be forced to buy heavily at these prices (and even higher)