Member Info for Magic-orb

Given, that this is still only valued at £1.3m this could please note the word could be a mega deal

Happy new year to one and all. And this one just for katstrangler, this will be £2.50 soon. :-)

Just a small case of clearing placing shares? really you only have 1,153,846,143 shares to clear then.

What does AIM rules say about taking months to process assay results. That is not strictly withholding news, they're simply processing the results. You guys have a lot to learn about AIM and how these directors work. Just look at all the prosecutions ever done on AIM directors. You telling me they were all honest and playing by the rules.

Everything on AIM is a crime, but to date, apart from one guy for the LGB fraud, no one else has ever been put away.

If you include the week the Auth42 soft launch RNS was announced then we're still 6 weeks away from the soft launch.

It's been a frustrating last couple of months, but I guess when you see the bigger picture it's merely a bump in the road. Hopefully some near term New Years news like German plant commissioning and SPAC news should start to move this forward again. Anyway Happy Christmas one and all.

Until things are signed sealed and delivered NOTHING is launched.

With that I wish all genuine posters a happy Christmas.

If/When all the hurdles are cleared to a 30p takeover , what with the level of shorts open on this, you may get a spike above 30p as shorts close. Well here's hoping.

Is this currently valued less than the current cash in hand?

I just posted what Harry said without any comment. So in effect you think Harry is posting stupid comments.

"As regards the design of the Project financing, we creatively assembled choices and we assessed in great detail the best way to structure - to ensure project risk is managed and net value is optimised for KEFI shareholders. Having finalised the Project secured loan package for 70% of the capital requirements and now having assembled the various elements of the equity-risk-capital, we have a clear pathway to finalising any remaining negotiations and finalising detailed documentation - which today's Fundraise allows us to do and the Project to launch.

Nothing has been signed yet. Harry told you last night

Debt financing

As announced on 20 October 2025, US$240 million debt offering had been formally accepted and certain fees and costs already settled from funds drawn under KEFI's working capital arrangements. The detailed facility documentation is now in circulation for signing. KEFI has already commenced the process of satisfying the various industry-standard requirements for drawdown under the debt facility agreement, the first of which is to assemble the equity-risk-capital of US$100 million. The remaining requirements for drawdown are expected to be satisfied during H1 2026.

Like I said previously, don't trust a bulletin board where the biggest rampers only post on one stock. Don't see it on other threads. Remember full financial closure is now expected H1 2026. In other words, the rampers will still be here in June 2026 saying this will be worth 10p once it's signed.

Following Admission, the total issued share capital of the Company will consist of 10,681,603,909

Now reading carefully, there is no financial close.

NOTHING HAS BEEN SIGNED or DELIVERED.

No Sign of BCM £23m. When did Harry tell the market they pulled out!

Mo the detailed.

US$240 million long term project debt: following the announcement on 20 October 2025 that the debt offering of US$240 million had been formally accepted, the detailed facility agreement has been finalised and is in circulation for signing. KEFI has already commenced the process of satisfying the lenders' requirements for drawdown under the debt facility, the first and major condition being to assemble the equity-risk-capital of US$100 million.

So in other words the debt hasn't been sealed yet. NOT SIGNED.

KEFI has already commenced the process of satisfying the various industry-standard requirements for drawdown under the debt facility agreement, the first of which is to assemble the equity-risk-capital of US$100 million. The remaining requirements for drawdown are expected to be satisfied during H1 2026.

Did you read that! H1 2026. just in case you missed it. The remaining requirements for drawdown are expected to be satisfied during H1 2026.

Well that bit of excitement didn't last long. Maybe the assembled consortium will sign a memorandum of understand prior to the umbrella agreement once of the conditional precedence have been drawn up after the next rainy season.

It's OK I got want you meant.

I reckon we need to get through another 200m shares before the placing share overhang is cleared from these so called "Investors" Yeah right Omar, you meant to say "Bucket shop". That's why I can't trust him anymore.

Thanks. We had this in the Q3 results 1st December, just I know Germany pretty much shuts down for Christmas like we do, so I would've thought we may have heard something about the final commissioning and testing by now.

HyProMag Germany

HyProMag Germany is progressing toward establishing a European manufacturing hub for recycled rare earth magnets.

Installation of the HPMS vessel, sieve, blender and jet mill is complete and ready for commissioning. A transverse alignment press is on site, and sintering furnaces are due to arrive in December 2025. Completion and certification of the axial alignment press are in the final stages, with factory acceptance testing scheduled for December 2025. Orders for finishing equipment and expanded sintering capacity will be placed before year-end.

Commissioning of both the HPMS vessel and jet mill is targeted by the end of 2025, with first production expected in Q1 2026, subject to permitting.

Has the German plant officially opened yet? If not why the delay.