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Https://www.bbc.co.uk/news/resources/idt-66cdf862-5e96-4e6e-90b8-a407b597c8d9

The reliance on Chinese rare earths & their lack of environmental conscious mining drawing negative headlines this morning.

Even more evidence boosting the global business case for rare earth recycling & the need for new mines in a regulated jurisdiction.

Looking like volume is the 7th highest it’s been this year and it’s only midday…big move incoming

I need to double check my sources but I'm fairly sure that it's still Monday, 30 June 2025.

Nobody tell him. 😂

Chinese rare earth exports have collapsed.

I suspect something greater than the SPAC is a foot.

https://x.com/globalmktobserv/status/1938564214580207829?s=46&t=cEheyUnDhNyINlROQeVWzQ

Looks like those placing shares have hit peoples accounts…

LOI from the US Export-Import Bank for HyProMag USA considering up to $92m in project financing!

It's a very real threat, the redundancy process is underway. The 250 number quoted is purely from the O&G arm of the business, Viking related redundancies will be on top of that.

Can't wait to see the big prints after hours; got to me a few large sells going thru. A lot of thr 15k & 20k clips are my buys.

Is it plausible that a large existing holder is selling down part of their position to fund the SPAC & get direct Lancaster NASDAQ exposure?

The chart is looking great here. Lower volume yday & so far today indicating the seller is likely done at these levels or is out completely. RSI cooled off to around 60 from being overbought for the last couple weeks. We're following a very healthy pattern going back to November of last year. Looking forward to a strong close today.

Maybe a fat finger moment. Not sure why'd you sell that amount in a single trade given the price you'd get for it.

Been plenty opportunity to feed into demand on the way up. However maybe someone needed the cash quickly for something else.

Decent recovery, I'd expect that to be the under cut & we lift from here.

Looking at the chart, I'd expect a re-test & bounce around 17p. I was surprised how quickly we moved thru this level without any real resistance.

Healthy market mechanics; you don't want to keep going up in a straight line & become over extended. We've got decent enough daily volume now to make structure as we move up thru the levels. The buying interest above 20p also shows there's plenty demand for stock & potential for a much greater move on the next leg.

IPO's have been going wild lately in the US & personally I think we saw max fear Monday. Talk of rate cuts coming in quicker than expected could see the market make a sustainable rebound; the recent drop was out of fear not fundamentals.

As the US session saw yday, despite being 'fake news', one whiff of tariffs being negotiated or removed & the market will go ballistic. All that money that's now on the sidelines will be rushing back in.

That being said, as long as the rise here is steady & controlled its sustainable, which is what you want. I'd rather re-rate over multiple months than spike & chop around. We need to keep building structure & volume on the way up which we are.

MKA is my only long. As shown today it is one of a handful of strong stocks in amongst all the chaos. I suspect we'll reach peak fear in the global markets in the coming days, perhaps reached already earlier today.

From there it is a strong base for the next leg up for MKA with a back drop of rising rare earth prices as focus shifts to them as a key battle ground sector. Military spending in the EU will drive their interest & the US' desire to secure non-chinese rare earths.

Welcome update.

Confirmation of the extension of the credit facility should boost confidence to those on the fence.

Significant reduction in costs incurred due to waste stripping looks significant too...

Looking forward to the investor presentation later this morning (or afternoon here in AUS)

Good find, this would imply the requirement to make an offer may be waived.

However I suspect they'd make another bid once the Ratification is announced regardless. It will be game on then. No need to take on any more risk at this stage as the appetite amongst shareholders for a buy out will likely increase into Q1 (assuming the ratification gets delayed til then)...

If my loose interpretation of the take over code is correct, they aren't required to make an offer >29p as this was the highest the stock has traded at in the last year. If they are required to make an offer at all.

As ALL isn't premium listed, I'm not sure what parts of the take over code are fully applicable however & I only have surface level knowledge.

I am no longer invested but I would of welcomed a 29p offer prior to selling...

Has anyone done the math on Azore to see if they have been forward selling?

Assumed it was AIM too. Main market?!

Seems hard to drum up consistent volume...until there is word on Sustainable Cap stopping selling or perhaps being bought out directly we may be here for a while. That being said the company is rolling in cash so the downside, in my opinion, is fairly limited. Upside is 50p +