Member Info for snkj68

I wonder if COTEC will release any news in advance of the Investor Update today...

I do think we should cut Tim some slack... nothing ventured nothing gained / dont ask dont get / & all that.

ESDUK provided a great summary and signposted where to go next for a more detailed understanding.

It was also made clear that, having done our due diligence we have put our money where our mouths are, which is the best indicator of our views on the stock - which Tim has asked for!

Appreciate tensions are higher due to Peter's campaign of troll posting reaching a new peak recently; consisting of deliberate obfuscation and antagonistic comments & ignoring all reasonable responses provided to his bearish comments before moving on to a different aspect of Mkango's business that he chooses to maliciously misrepresent. and then repeating this on a weekly basis.

Yes this feels exhausting, but important to appreciate someone new to the board doesnt have the "benefit" of our experience of Peter.

It is a shame new board contributors give Peter fresh blood to suck, for them & us, but its inevitable with an open board - so hopefully Tim now has a better understanding of Mkango, where to look for further info, + has a better understanding of those commenting on this board and their motives!

There is little point in comparing MP with MKANGO, sure it seems to me that MP's mining operation is far superior to Mkango's Songwe Hill for various reasons, but just because MP's asset can be considered better in many ways does not mean that Songwe Hill is a bad asset, nor does it mean Mkango is a worse investment.

Its clear that Songwe Hill is being recognised as a valuable asset by important people around the world with great contacts and deep pockets. It wouldnt have received EU special project status (despite being based outside the EU) if this were not the case. The vertically integrated model (when combined with the the Pulawy plant, another EU designated special project), further strengthens the investment case. Its a decent asset and also one of the most advanced rare earth mining projects outside of China, at a point when time is of the essence for Western countries to reduce their reliance on China.

Given that MP isnt going to provide all the rare earths required by the US / the West, there WILL be demand for what is extracted from Songwe Hill and processed at Pulawy.

Mkango is currently worth ~1% of MP based on their market caps... this emphasises how ridiculous your points are Peter - you're once again stating the bleeding obvious ("MP has a better mine project than Mkango"), whilst missing the point: Mkango IS undervalued - particularly when you take into account the real jewel of the crown / elephant in the room (which you have continously tried to downplay, for what has been shown to be ridiculous reasons): SUPERIOR RECYCLING (more efficient, greener, and now in use at industrial levels in Birmingham + soon to be in Germany & the US)...

The article below reporting on Mckinsey's research shows that Recycling WILL be a vital part of the shift to ex-China sources and we're bringing a superior product to market at the perfect time.

Great article, was just about to share it myself 🤝

I look forward to the updated DFS for Songwe Hill, now factoring in the benefits from:

- being a Strategic Project under the European Union's Critical Raw Materials Act (CRMA).

- being part of a vertically integrated model with the Pulawy Separation Project in Poland, which has also been has been designated as a Strategic Project under the European Union's Critical Raw Materials Act (CRMA).

- skyrocketing Rare Earth prices.

Safe in the knowledge that:

- a "Strategic Project" designated by the European Union, particularly under the Critical Raw Materials Act (CRMA), is a project that significantly contributes to the EU's security of supply for critical raw materials and is crucial for diversifying the EU's access to essential materials and building sustainable value chains.

- To be designated as strategic, a project must be technically feasible within a reasonable timeframe, demonstrate expected production volumes, be sustainable, and demonstrate cross-border benefits.

- Projects are assessed based on criteria outlined in the CRMA, including technical, financial, and sustainability aspects.

- The European Commission, with input from member states and the European Parliament, makes the final decision on designation.

- Strategic projects receive support under the CRMA framework, which aims to streamline permitting and facilitate access to funding.

Achieving this status is not to be sniffed at. To be frank, your attempts to bring into question the feasibility and quality of these assets are embarrassing.

Thanks for highlighting the obvious risks associated with SPAC deals PP.

As you seem to be so amazed by the basic principles of SPACs, its probably worth reminding you of the basic definition of a SPAC:

SPAC stands for Special Purpose Acquisition Company. It's a company formed with the sole purpose of raising capital through an initial public offering (IPO) to acquire or merge with another, existing company. Essentially, a SPAC is a shell company created to take another company public.

The SPAC was only created in 2021 and its first attempt at a deal with Brivo didnt come about for the reasons i outlined in my previous post.

Of course investors would be inclined to take their money out of the SPAC pending further clarity on the specifics of what the next deal, with a different company, might look like - why would an investor leave hundreds of millions of dollars in a shell company doing nothing for years?

Its been made very clear in the BCA announcement that work will now be done to find PIPE investment, and i (and many other very well qualified others) are confident we'll be pushing on many open doors - for the reasons i've outlined below regarding the quality of the assets in question and the very positive market and geopolitical environment, not to mention the quality of the people involved in senior positions at Mkango/Cotec/etc. + our advisers Cohen & co (who have a decent track record at achieving SPAC deals in this space).

Using what happened with this previous deal with Brivo - which was a totally different company in completely different sector at a time when market conditions were significantly less favourable - and trying to apply it to what might happen with the MKANGO deal, is a complete waste of time and energy.

Perfect Peter - by continuing to come out with this tripe you've further undermined any opinion you may have on investing / this stock. Honestly, your views here are worthless and a complete was of your time and energy. I suggest you find yourself a low cost tracker or financial adviser and find another hobby

⚠️ What Went Wrong with the Brivo Deal

Announced: November 2021, with a pro forma valuation of $808 million.

Terminated: August 2022, after the deal failed to close by the deadline.

Key Issues:

Crown PropTech claimed Brivo breached terms of the agreement and a related stockholder support agreement.

Brivo countered that Crown wanted to renegotiate terms and couldn’t meet the minimum cash condition due to financing issues.

A major PIPE investor, Golub Capital, also withdrew its $68 million commitment, citing unmet conditions

SPAC Market Conditions: The Brivo deal collapsed during a broader SPAC downturn, where many deals failed due to market volatility and tighter capital.

Learning Curve: CPTK appears to have learned from its first attempt, structuring the Mkango deal with more flexibility and lower capital dependency.

Persistence: Despite the setback, CPTK remained active and secured a new target in a completely different sector (rare earths).

Again, i'm not in the slightest bit concerned by this PP. Nice try though

Regarding the "considerations" sub heading, i'd say:

- market conditions are very favourable.

- Investor confidence in Mkango’s assets (Songwe Hill and Pulawy) should be very high, given the Strategic Project status recently awarded under the European Union's Critical Raw Materials Act (CRMA) for both of these assets, skyrocketing rare earth prices underpinned by US gov recent price floor policy, and geopolitical landscape making it clear that ex-China supply will be prioritised and supported.

- Regulatory approvals and listing success - given the points highlighted above rare earths projects will be fast tracked and supported by regulators, policymakers and investors.

thanks for encouraging me to reconfirm my confidence in this stock PP. I'm happy.

Well... copilot says

Can Crown PropTech raise more funds at present?

Copilot said:

Copilot

Yes, Crown PropTech Acquisitions (CPTK) can raise additional funds at present, and there are mechanisms already in place to do so as part of its merger with Mkango Resources. Here's how:

💰 1. PIPE Financing (Private Investment in Public Equity)

The business combination agreement explicitly allows for a PIPE financing round at the time of closing.

This means CPTK can issue new shares to institutional or strategic investors to raise capital.

The pro forma valuation of Mkango’s shareholding in the merged entity (Mkango Rare Earths Limited, or MKAR) is $400 million, excluding any net proceeds from PIPE financing or CPTK’s trust account1.

💸 2. Sponsor Support

CPTK’s sponsor has already committed $750,000 in convertible notes, with $500,000 funded and $250,000 pending2.

This shows willingness to inject capital to support the transaction and operations.

🧾 3. Future Equity Issuance

Once the merger is complete and MKAR is listed on NASDAQ, the new entity will have access to public capital markets.

It can raise funds through:

Follow-on offerings

Strategic partnerships

Debt instruments

⚠️ Considerations

The success of any fundraising will depend on:

Market conditions

Investor confidence in Mkango’s assets (Songwe Hill and Pulawy)

Regulatory approvals and listing success

Brilliant, thanks for this :)

Copilot seems to think UoB finalised the tech in/around 2018… could’ve applied for patents for certain aspects earlier though of course

I liked the sound of 5m & 10m ... :L

once we've got 5-10+ factories up and running around the world we will definitely be pumping out tens of thousands p.a.

We should have 2 factories by the end of this year, looking at 3 in the US in the next couple of years, + a few other locations being discussed ... as soon as commercial production is proved (in the coming months) the scale up is going to be rapid!

Lets be real here, as soon as we've proven commercial scale operations (which is likely to happen in a number of months) we're going to be circled by big boys and bought out one of them for multiples of the current share price.

Hold on tight everyone, folks will be trying anything to convince you to relinquish your shares are these low prices!

"effective tariff on Chinese graphite imports 160%" ... and we're just up down the road from Syrah Resources mine which "surged as much as 38%" on the news...

This news will help to provide a price floor going forwards and make it easier for us to get finance to really ramp up.

Hopefully a big turning point for us now new management have steadied the ship. Onwards and upwards!

"Battery supplier shares slipped, while producers in North America and the Asia-Pacific soared.

“Commerce’s determination proves that China is selling AAM at less than fair value into the domestic market,” Erik Olson, a spokesperson for the anode producers trade group, said in a statement.

Syrah Resources Ltd., an Australian graphite and battery anode company, surged as much as 38%, the most since October 2023. Posco Future M Co., a South Korean battery material firm, jumped 24%."

"“Dumping is a malicious trade practice used by China to undercut competition and wield geopolitical influence. It is all made possible by a concerted combination of massive subsidies and other state-sponsored policies.”

Following the preliminary determination, a final decision is expected on December 5, which could result in even higher tariffs.

North American graphite companies were boosted by the news, with investors expecting a significant reduction in competition from low-cost, subsidized Chinese graphite, which has historically dominated the US market, amid rising demand for the key battery material. "

"Graphite-related stocks moved higher after the US Commerce Department announced a 93.5% anti-dumping tariff on Chinese graphite imports.

This move follows a petition filed in December 2024 by the American Active Anode Material Producers (AAAMP), a trade association representing US graphite producers, which alleged that Chinese companies were selling graphite imports below fair market value, violating anti-dumping laws.

These new duties will be added on top of existing tariffs, making the effective tariff on Chinese graphite imports 160%, according to the trade group."

This is just us preparing the launch pad… hold on everyone… to the moon! 🚀

I’m sure we could get #feedstock trending on twitter… might cause chris7777 the bot to turn against us though

Get in the bin ! #feedstock