Member Info for Seewhat

The large funds that took the placing are obviously forward selling.

Management should have done a lock in period, but should clear soon.

£380million market cap now for one of most critical AI companies, Landmark Opto is valued at $6billion and they have less reactors.

How can a company with those grades only be trading at around £10million? What am I missing

£400million market cap with no debt whilst competitors are priced in the £billions.

Seems like a good buy dyor.

Without IQE there is no AI buildout in the West that is how critical they are.

Price will bounce around 40p but it only goes one way, 100p 2026 if the stars align but do your own research.

Landmark which is IQEs closest rival is trading closer to $10billion with less capacity.

We have a billionaire leading the charge and close to finalising farm-out discussions as majors re-enter Alaska, it does not get more obvious than that.

I do not know what the shares do next week but over the next few months this goes significantly higher I think. Do not get shaken out.

The mill was announced many years ago and £millions been spent on it, it is just sitting there ready to be used currently.

I am not saying they should use it for tungsten but it is an interesting idea.

We have almost traded the entire placing volume amount today, sellers on fumes.

It is a very good point around the mill which has had £10s of millions invested into it, if anyone gets the chance to ask Ed about this relating to the tungsten it will be interesting to see what he says.

But in the mean time build towards MRE and let us see how large this resource is, hard to imagine being neighboured to both historic and existing mines/resources they do not hit it big.

Fingers crossed.

42million shares traded today

The accelerated bookbuild share amount is 55million, so almost traded that today in a single day

Time to buy?

IQE is one of the most important companies for AI and hyperscalers, without Epiwafers they are screwed.

Buy GWMO at £20million or buy GMET at £400million

Seems an easy choice?

Excellent point apro I forgot they already have a working mill, makes for interesting discussion around tungsten.

AI puts an estimated base case time frame of 2032-2033 after looking at statistical data, quoting large energy hubs always face slippage.

What is stopping GMET taking this over on positive drill results? Seems like a no brainer for them at such a low valuation.

Good cash position but sold their cash generating arm.

Let us see how market takes it.