Member Info for qwertyqwer25

do we think the bod are silent because they are incompetent at pr or because everything is under nda? sp is **** due to lack of pr not anything else. seems like myles heard some nice bits recently so clearly they are able to talk about some stuff.

USAR valuation i mean

Yes i still think this should trade at MKAR equivalent valuation but only once MKAR is listed and hypromag is on Nasdaq too. Probably will exceed MKAr valuation at that point.

Myles post on X just confirmed Avacta is now his largest position when not long ago he was heavily overweight MKA. My post was about 20 mins before his so I guessed correctly. He doesn't state he has reduced his MKA shareholding but he is a successful trader so I would say he has (and nothing wrong in doing it as I would too)

Think Myles has been selling to rotate into Avacta but thats just a pure guess from me. Main issue is lack of update on MKAR. Its not a done deal and the deal could get cancelled if all conditions are not met. A progress update on it would build confidence but i suspect we won't hear anything till they are ready to announce a date for the listing.

Yep MKA comms are diabolic but everythng else is looking great

One thing that will reinforce the MKAR valuation is the PIPE funding. If DOD or other insti investors came in buying shares at the $10 level it would add weight to the $400m stake MKA will hold. Assume listing at end of Nov so PIPE investors lined up by early Nov imo. In the interim hopefully we get some support potentially via offtakes at pre-agreed price levels or other initiatives. I'd think near term SP growth will come from Hypromag updates including government support. I hope they announce plans to accelerate to 3 sites in the USA

Does anyone know if MKA has a lock in for the MKAR shares once listed? If the IPO rockets and say the SP hits $13-$14 it would make sense for MKA to sell a couple million shares to bank £20m to cover any near term HyproMag costs. Obviously this is just my view but id say MKA should try and offload as much of MKAR as possible if price hits $15+ in a sensible manner to avoid a price crash.

We need the FID for the USA plant first imo. Engineering complete and decision made to build could trigger a deal with US gov maybe to also accelerate to 3 plants.

Someone is loading up for sure and they don't need to notify until they are done buying i think. If they place a huge buy order at 33p when we are at 35p the MM's will likely drop the price down to get sellers and thats what i think is happening. I'm sure when the next bit of financing/offtake news drops the SP will break to new highs.

Myles why would they even want to do an equity raise south of 90p? Can they not offload a small amount of their 40m SPAC shares when the IPO happens in Q4?

MP materials mine was heavily loss making and still at a multibillion dollar market cap. Therefore songwe can be loss making and also be multibillion market cap. Let Peter try figure that one out. Hehe

Yes but cant blame someone for having a go as the UK market is stupid

Suspect a bid of £1 a share will be attempted by some party in the next couple months. I hope its rejection is communicated via RNS to make the value proposition here very clear

All! When would the proposed US SPAC complete and be trading?

Lets hope the first person dosed before April before we start thinking about early data in April.

We need here is $200m buybacks per year. Who needs dividends when you can send the SP up to £5. Can derisk on the way if one prefers.

Normally i come to LSE and see a load of rubbish posts. I saw Marik's first for some reason and thought what a sensible post and maybe LSE is ony 95% rubbish compared to the 98% i thought it was. Agree with your post

My conservative figures put us on £730m net cash at end of 2022 excluding North Eigg capex. That should value us at £1b minium by year end. If you can sit on your bum for a year you get £4 a share almost a bagger

be bare minimum $100m buybacks per year and dividends on top if possible. Need to pump this baby to £5 a share where it should be.