Member Info for PaulFG

It feels like a long time since we had such a good day, although the company and Sam have been consistently delivering and looks like that's set to continue.

It has felt a little like blind faith continuing to buy but that faith has always been underpinned by the insider strong support, witnessed today with the warrant execution.

Hopefully, we'll see Sam continuing to deliver in the coming quarters although I expect a choppy ride because of the continuing geopolitical situation which will be difficult to escape.

I think the word 'institutional' requires some clarification/grading though - I mean I could buy through my corporate instead of my SIPP/ISA/GIA would that then make me 'institutional'?

Fair enough RogB

Yes I had a look at their website not a particularly impressive outfit .

Many people on here, myself included, have far more impressive holdings.

Any insights on 'Hot Rocks' as to why you think this is significant?

Havef to agree i think Q2 is going to be very newsworthy, if only because the signposted stuff from Q1 has been delayed.

It was a no-brainer for me to sink the full ISA allowance in here yesterday.

Yeah have to say I started my new SIPP allowances here also today. I'm following the insider buys recently.

Not to say it mightn't be volatile in the short-term but that volatility could go either way and I'm willing to ride that out given the underlying fundamentals here.

I'm in no rush to see these announced given current market conditions - they can wait until after Easter as far as I'm concerned.

That then is dependant on from where they sell the product as to who absorbs those costs - but we're getting into the realms of far far away now.

The Main thing is they - plan to run the mining operations from Hydro not diesel generators.

OROM Cross is largely using Hydro not oil

BRES just hasn't caught the London based investor imagination. It's probably a graphite thing with London-based graphite investors licking wounds over terrible shares like TGR.

London has resource success stories, e.g. GMET/EEE/even OMI, it's all a matter catching the retail eye and pocketbook. Either that'll happen eventually, or this will get taken out.

We're currently in a bizarre place with Iran war, also the end of the UK tax year with investors making year end adjustments to their portfolios etc.

If we're still down here, fingers crossed I'm hopeful, by second week in April, depending on other geopolitical stuff, it'll represent an very good buy,

Full article here:

https://www.benchmarkminerals.com/lp/rare-earths-service?utm_campaign=118634728-Product+Marketing&utm_content=562745546&utm_medium=social&utm_source=linkedin&hss_channel=lcp-9277997

Https://www.linkedin.com/posts/rare-earths-ex-china-prices-v5-01-share-7442495021502713856--ePs?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAFjDQUBcyQslxPF6czsQpKxiYwHes-bKyw

"Since China introduced export restrictions on #rareearths in April 2025, significant regional bifurcation of heavy rare earth prices has developed.

In 2025, dysprosium (Dy) oxide prices on a CIF North America basis were 4.4 times that of EXW China prices, with a similar difference for European terbium (Tb) prices.

🔎 By 2027, Benchmark forecasts that this relative difference will almost double to 8.3 times.

Although the difference is expected to lessen by 2035, these regional disparities are expected to continue.

The substantial increase in the price of heavy rare earths outside of China raises major concern for regions globally, as these minerals are of vital importance for both electrification and modern defence technologies.

This data is sourced from Benchmark's new ex-China Rare Earth Price Forecast - the latest addition to our comprehensive Rare Earths Service.

Subscribers rely on our granular price data, supply/demand forecast and cost analysis to navigate ongoing volatility and make strategic decisions."

I think you're confusing the TAX year with Financial year - a company can have a financial year end whenever it wants.

I agree I don't expect any 'imminent' news on financing, especially given current world events. Let's also remember MR has a habit of being a little optimistic around dates, remember the whole strategic investor debacle? Agreed date movement is out of his hands.

@GGP - lol he's a character. My father always said he knew the days I had Teeling in the Theatre, I'd actually talk about what happened in college. The Irish Times used to say if you wanna know what Teeling was thinking about/upto ask his students, he told them first. I got into Stockmarkets at 17yrs because of him.

Thanks Vet - I tend to take broker notes with a pinch of salt and probably like yourself divide their SP projections at least in half.

I do like JT - he was one of my lecturers way back when in UCD and he has an eye for a deal.

I'll take onboard your comments about the CEO

I listened to the Stockbox interview with the CEO and it didn't exactly spur me to immediate buying action I have to say. Came away with the feeling...there's time enough here.

I know we're in a bit of an echo chamber here, preaching to the converted and all that, but Rupert's words in the RNS are enough for me:

The initial intersections from Manna Hill validate historical results and support considerable scale. This has prompted the Company to seek shareholder support to exercise the Manna Hill Option. With further results pending and a rig booked for April, Cobra is positioned to deliver further strong copper results.

Resource definition drilling has been completed at Boland, with both rigs now moving to the Head prospect. Rare earth results are expected across the next two months.

We look forward to welcoming new shareholders to the register. Hold on to your hats - the team is focused on delivery. This is going to be one hell of a year."

Since the Iran war I've been listening to a lot of financial experts almost to an individual predicting a major financial event and lasting higher inflation. In the end i think it's all positive for commodities but we're probably heading into major market turbulence in the interim. Given that level of uncertainty and the fact that the sp was already being impacted I think Rupert was correct to pull the trigger now and raise funds in a still reasonably OK market.