Member Info for Jdbanzi

The race here is the CLN dead line and understanding this is at the end of the year, even with financing in place the SP will be in tatters as the mine won’t be up and running, this aside I still have a small position as the speculation on the MTU of Wo3 ( and is still on the rise)

Gingy, there’s been good trades all week, including today @ nearly 10k, but this is being propped up as previous weeks have been sent tumbling with only a few sells, now the questions remains if the large trades actually know somthing.

Or a secret DCNY summit meeting

I wouldn’t rely on journalists, looking at the articles published previously they all seem US focused ( this is where the majority of the issues and resolutions are) and currently there isn’t much to focus on stateside for mka, I think it’ll be QT for another week or two and then hopefully a decent RNS.

Esduk excuse my ignorance ( never seen a SP rating on lse) does this have any value?

There’s been some large ( for the share ) off market trades all week ( only one today ) and previously the larger off market trades have been just before the announcement, my suggestion will be to look at the demand/trades and not the SP as it’ll be too late either way.

Looks like someone has splashed the cash though with off market trades totalling 50k+

How did you work it out to be 3p?

The demand for indigenous tungsten supply isn’t going away, this coupled with an engineered recovery process for higher yields, a CEO that’s onsite, a document dedicated to LFN and planned monitoring system, all the operational permits required and a planned MTU of 400 with a 7.5% NPV (now at 700 MTU) make this a valuable asset.

The only concern I have is dilution!.

https://www.rheinmetall.com/en/media/news-watch/news/2024/02/2024-02-12-rheinmetall-builds-new-ammunition-factory-in-unterluess-ground-breaking-ceremony-with-chancellor-scholz

Https://rareearthexchanges.com/news/the-pentagons-rare-earth-ultimatum-ban-on-chinese-materials-by-2027/

That time line seems really racy considering there is almost nil infrastructure for US domestic supply/manufacture.

Esduk, you can train AI to do very basic math which safe the pain going forward.

Wolf also had their permits pulled due to ongoing LFN and did to little to late which caused the permits to be withdrawn by the council.

Can you repost the link

SPN, there are a few question in there, how do you go from 3 plants to 10+ without additional financing from Mkango, the stake in the current plants is this from licensing agreements?

Has the gov released the updated critical minerals review yet?.

I just topped up, looks like 42 is the new base.

Valuation it is, where did the 1.5b shares come from?

We average 4 - 8 RNS a month, hopefully this will continue the pace over summer leave.

I would say not chance of an update to the FS, summer leave and I would suggest the only thing they will be concentrating on is the presentation ready for September.