Member Info for Magic-orb

Ist thing ist, get your numbers right, it's 1,250,000,000 new shares and not 1.5m as you keep stating.

The delayed 100k buys from first thing now appearing. It's easy to get lost in the daily movements, where we watch each trade, each tick up/down and get sucked into the daily macro of trading/posts. I guess it will be easier to check in twice a day, once to see what news has come and once at the end of the day. That should make it easier to hold till the big payday later on.

Https://x.com/mylesmcnulty/status/1948275966830059888?s=46&t=6L3i5L2B0LVcI0QnNB2C4A

Super news out from

@MkangoResources

#MKA and

@CoTecCorp

$CTH:

HyProMag USA enters into a feedstock supply and pre-processing site share agreement with global electronics recycling company, Intelligent Lifecycle Solutions.

ILS will secure and store NdFeB feedstock from hard disk drives and other sources for HyProMag USA at the two pre-processing sites (in Nevada and South Carolina), using Inserma's 3rd generation HDD magnet separation system. Inserma and HyProMag already have an exclusive partnership in place.

Some key lines in the RNS:

"HyProMag USA is targeting HDD recycling geared to the growth of hyperscale data centers."

"Other NdFeB feedstock sources being successfully processed to date by HyProMag include rotors from electric motors, wind turbine magnets, speaker assemblies and MRIs."

"The Supply Agreement is expected to be the first in several supply agreements to be entered into by HyProMag USA."

"We believe that over time we will be able to build sufficient feedstock to sustain several magnet recycling and manufacturing hubs as the Company establishes itself as a key player in the US REE magnet industry."

"Lifecycle Solutions will be using our infrastructure to procure nationally rare earth material from government, manufacturing, and businesses as well as other recycling sources."

......

Supply agreements such as these will facilitate the onboarding of equity investors for HyProMag USA (if even required!), and heighten the likelihood of government grants.

A reminder that just one of these hubs (and two pre-processing sites) in operation (which is HyProMag's initial plan) achieves an NPV of $593m - and that's before the optimization (lower costs, lower upfront capex?) of the ongoing Detailed Engineering Phase.

MKA's 40% non-dilutable free carry in this first project of HyProMag USA's equates to $237m, or circa 53p per share.

And today, the CoTec CEO reiterates the JV partners' goal of eventually having "several" such hubs in operations across the US. [In a recent interview, he already informally alluded to a combined NPV of $1.8bn across three such hubs.]

Interesting here that they seem to publish all the really large trades a day after they happen.

I reckon most of the placing shares have already been forward sold.

Everytime it goes quiet the MM open up the spread. 15% is enough to put most people off.

Just got £6k worth.

That trade has been deleted.

Just got into Halifax hit buy on .1p but then it just came back with service unavailble.

Grrrrr halifax share dealing is down!!

Wanted to buy 8m when it was .081 to buy, but chickened out of it. Let's see what tomorrow brings.

OK thanks, so probably a large sell being worked, probably the placing shares!

If they are buys then they're working a large sell order, if they're sells then they're working a large buy order.

Are the trades in the .0083's buys or sells.?

You see some 20m-100m prints come up in the next hour. That's'll be the placing shares being forward sold.

Looks like the placing shares, are probably in the hands of the bucket shops, so once they are cleared this should move on.

Looks like the MM had to absorb around 300k of shares around 12:30 today. It's so easy to blame MM action, but they are merely responding to the trades. A lot of hot money has to leave before the next leg up. After all we know the SPAC is worth 90p to MKA.

Stiletto shoe cart formation.

Roger we know the risks here, you really don't have to be nasty about it. Please, it feels like you're making yourself ill with worry.

This is a strange one, everything that Roger says is correct, in that it currently ticks all the boxes of a lifestyle company but at the same time, it's got something compelling about it. Right people and the right space and the right time. I see some nibbles this afternoon in this. Who knows maybe worth a punt, nothing more at this stage though.