Member Info for PloppyNobkin

Under the terms of the Agreement, USTDA will provide a grant of US$ 1,875,000 to fund the metallurgy and process engineering components of the Monte Muambe rare earths prefeasibility study.

It's not like the warrants are unexpected - they may have a short-term effect but the dilution is priced in. What's unexpected is a dual listing.

Much better to just have a £55k gain and have to pay 18% or 24% tax on £53k of it :-)

@Cebo456 : Don't get too excited - USTDA grants for overseas project preparation typically average around $400,000 to $500,000 per activity, with a common project range between $350,000 and $1.5 million.

The tip page it links through to https://www.tipranks.com/stocks/gb:ree/forecast# has targets of 2.5p not £2.50, which although would be awesome seems a tad high!

@Forensic505 REE is my other main holding. It seems to be hotting up there nicely. 2026 is going to be a rather good year with these two I reckon.

The spread is miniscule. I just sold just over £3k worth in one account at 3.3925 and re-purchased in another (ISA) at 3.415.

Why not today?

'Data centres did not exist 32 years ago, and therefore nor did the term critical minerals' - I worked in a Data Centre in the 80's. The phrase 'Critical Minerals' was coined during the First World War. Just because you didn't know phrases 32 years ago doesn't mean they didn't exist.

Have a look at Strategic Metals Limited (SML). They had been in the 1.2-1.5p range for several months. 2.5 weeks ago they announced a placing at the then current (low) mid-price of 1.3p, raising £4m to allow their drilling to accelerate. They risen pretty much every day since and now sit at 4.2/4.3p

The cash injection from the placing was transformative.

Imagine selling over 1% over a company two days before it rises over 60% in value

The current lowest is £102.5m https://www.londonstockexchange.com/indices/ftse-aim-100-index/constituents/table

It's incredible that the £4m funding at 1.3p was just over two weeks ago. It really has been transformative.

I (stupidly?) only have two holdings. Both miners with income streams. I reduced the other holding to increase here earlier this week. Rather glad I made the move.

Looking forward to next week and the months ahead.

So just increasing SP Angel's NPV by that 50% gives us almost 20p

Currently $5,066

BBC News - Three reasons for the record rise in gold prices, and one why they are falling - BBC News

https://www.bbc.co.uk/news/articles/c87r2700dq8o

The placing sure has put us on the map. I bet all the UHNW investors who were involved in the placing are rubbing their hands together - investment value doubled already.

...and continuing to 'overshoot' :-)

Agreed. They are a non-event and the share price is holding up well.

...just not the one we were waiting for :-(