Member Info for SquirtyFlower

Spot on Biffa. Just as a reminder that in terms of reputation, access to contacts and size/range of deal making Cohen & Co stand a long, long way above the usual London bucket shops financers that most AIM shares get themselves saddled with. Take a look at the following list of their recent transactions - MKA is third on list, USAR appears twice further down. It covers a wide range and scope of transactions and MKA is one of the smallest ones. I'd be amazed if Hypromag US (and maybe all of Hypromag) don't appear on that list too within 12 months.

https://www.cohencm.com/transactions

The DFS was published in July 2022 and envisaged production starting in Feb 2025. Now clearly that didn't happen, but with the SPAC and financing in place, the Malawi govt strongly supportive and a very different global outlook on REE security both in terms of determination to reduce dependence on China and price floor levels then Feb 2028 or sooner seems reasonable and achievable.

Will Dawes:"Furthermore, the agreement kick-starts operations on the ground, securing NdFeB inventory in advance of commissioning of the DFW hub, and will facilitate increased engagement in USA markets as we move towards project development."

Does he just mean in the recycling and magnet markets or is this him signalling that a Nasdaq listing is on its way sooner rather than later (although we all expect this anyway)?

Julian Treagor: "We believe that over time we will be able to build sufficient feedstock to sustain several magnet recycling and manufacturing hubs as the Company establishes itself as a key player in the US REE magnet industry."

Today's Nd price works out at $90/kg so it's moving rapidly towards the $110/kg floor price agreed between MP and the US DoD.....not surprising really.

The problem with reporting a post is that they usually remove the entire thread so all the good stuff gets deleted as well which is a shame. Far better to just post more positive stuff to push the offending post down to page 2 or 3 asap where no-one will read it anyway.

Wrong PP. If you think the national govts are not interested when their major manufacturers (and hence employers and tax payers) are having to slow or halt production lines because they can't get hold of REEs then you are living in cloud cuckoo land. Do you really think the German govt wants to see VW lay off workers because the production lines have ground to a halt?

It's about buying revenue and profit streams asap not waiting 6 or 8 or 10 years from now for patents to expire.

It's about buying the ability to expand/scale the Hypromag model now e.g. a Hypromag for MP, a Hypromag for Tesla, for UD DoD, for European or Far East manufacturers. The market is already bigger than supply capability over the next decade.

It's also about buying the entire end to end process including magnet production rather than just the HPMS technology alone.

Nothing to see here. TR-1 because number of shares in issue went up it means MG fell below the 3% line (6 months ago though!).

MMs playing this well - getting the traders to lock in profits asap and getting buyers above 37p today underwater by 10%+ asap so stops get triggered or they get nervous.

Up 14.75% in Canada. If Google finance is right this appears to equal the ATH seen on TSX ($0.70)…

Seems to have started brightly in Canada too - up 9% and on big volume (for there).

Should be interesting this afternoon as the day/week traders look to exit with their profits (unless they're PP of course who's sitting on a big loss) - and the MMs know this is what happens every Friday - versus the buyers keen to get in asap.

The effective free float will be considerably less than this because there are quite a number of folks with 1 million+ shares each. Some have said so on here, others haven't but you can be sure they're there e.g I expect Myles has got more than a handful. 10 million or so shares is the cutoff for reaching 3% and having to declare the holding so plenty of scope for a smallish number of PIs to have up to another 50 million undeclared tucked away between them that aren't going anywhere else soon.

Not hard to see that MP could easily raise the cash to make an offer for Hypromag US if it wanted to.......

Thanks for that Chris. It will have come as quite a surprise to shareholders in a REE mining and recycling company to hear the company's products are important and in growing demand.

If they need the money before the SPAC then they need to get it from somewhere i.e. a raise or warrants. Even after the SPAC there may be a minimum period before they can sell any shares.

5.6m warrants doesn't account for all the large delayed trade volume over the last month or so.

Vitol might be keen to stay under the radar with the US govt at present. Very lucrative tie ups and contracts in the US are far more likely with a UK/Canadian tiddler with great technology that poses no threat than with a colossal European trading company which Trump. & Co might see as more of a threat to US interests.

Wonder if the 2 pre-processing sites in east and west will be at or near ports to make imports of MREC and/or recycling feedstock easier alongside domestic supply.