Member Info for Traa-dy-Liooar

There is the expected placing. decent price in fairness 2.40.

https://www.investegate.co.uk/announcement/prn/wecap-plc--wcap/placing-and-subscription-to-raise-100-000-an-/9230507

Https://www.investegate.co.uk/announcement/prn/wecap-plc--wcap/audited-final-results-for-the-year-ended-30-a-/9205335

Financial Review

The Company’s financial results for the year ended 30 April 2025 show a loss of £781,069 (2024: loss of £863,682). Revenues of £nil (2024: £nil), administrative costs of £267,973 (2024: £301,755), finance income of £7,568 (2024: £9,500) and finance costs of £491,664 (2024: £448,100).

As at 30 April 2025, the Company had cash reserves of £58,111 (2024: £49,035).

During the period, the Company successfully raised gross proceeds before expenses of £172,000.

Dividends

The Directors do not recommend a payment of a dividend in respect of the year ended 30 April 2025 (2024: £ Nil).

Extracts from the auditor report:

“Material uncertainty related to going concern

We draw attention to note 1 in the financial statements, which indicates that the Company is reliant on either (i) disposing of a portion of the equity in Community Social Investment Limited (CSIL) or (ii) conducting a fundraise in order to fund the repayment of the discounted bond which is due within twelve months or (iii) renegotiation of the discounted bond repayment date or (iv) attempt renegotiation of the Discounted Capital Bond to incorporate a conversion mechanism of the DCB into shares in the Company.

As stated in note 1, these events or conditions, along with the other matters as set forth in note 1, indicate that a material uncertainty exists that may cast significant doubt on the Company’s ability to continue as a going concern. Our opinion is not modified in respect of this matter.”

Some real playground strops. Usual suspects who should know better. Anyone who has followed the story will not be surprised by the volte face by a couple of the regular posters. Although they really exceeded themselves today.

The 3m sell for 1.40 had contributed to the fall

Canada yesterday, and less so, the rise today, shows the potential pitfalls of trying to trade this stock as some clearly did yesterday. much prefer to just let it play out with targets in mind.

This co needs a reset. It has not happened with Sean. No matter what he tries to achieve it is met with negativity. Sentiment is lacking.

Very opportune of the MM's to drop the bid by so much at opening. generated a few panic sells but this board seems to have a good wide cohort of informed investors who can see a much high SP in the not too distant future. MMs have the upper hand in the shanigans and clearly have demand for the stock. All tgis going on against a background of no news from the Co. Wait for it to start dropping and see what games they have.

My concern here is the finance. Looking at the RNS's I see the last interims (31.10.24) had little cash.

https://www.investegate.co.uk/announcement/prn/wecap-plc--wcap/interim-results-to-31-october-2024/8715087

They did a small raid in Dec 24. Unless I have missed something I cant see any other revenue.

https://www.investegate.co.uk/announcement/prn/wecap-plc--wcap/subscription-to-raise-172-000-and-board-chan-/8615079

Year end results (30.4.25) should be published by end of next week at latest.

Sean doesn't seem to appreciate these details investors look for. Nevertheless an interesting investment.

Shocking they can drop it in Canada on such small amounts. Guess it works the other way also.

Tao over 400, should see some interest here today.

Yes friday was a massive day - almost 77m traded. As it has been at lows for such a long time a lot of the selling would holders cashing in on the rise and day traders jumping in -it as a while before the RNS arrived after news was known. Fully exepct the proper move in SP to take place this coming week(s) as news sinks in and further updates given.

Decent enough purchases. Timing is everything I guess.

William Dawes, Chief Executive of Mkango stated: "We are delighted by the continued support and confidence from our existing shareholders reflected in this £3 million investment. This funding enables continued momentum on the development and scale-up of the rare earth magnet recycling and manufacturing projects in the UK and Germany, and strengthens the balance sheet in a crucial period as we continue to evaluate opportunities for rolling out HyProMag operations in additional jurisdictions and other new growth opportunities. The Company continues to engage with government and grant funding bodies in the USA, Europe and Asia to advance its projects across the rare earth supply chain."

Well at least it is done now. Cant help but think they could have acted earlier and at a higher price,

After hours, 7am would have been much better. Almost like an afterthought. need to up their game.

All coming together nicely.

About 1.75m dumped, most in the last half hour - impressive even by the standrds of the constant seller. No idea where they all come from given theres only meant to 186 million in issue, and this has been ongoing for a very long tperiod. I do hope the last half hour frenzy isnt a portent of negative news.

This is one of the most frustrating shares. it never holds even small rises. Constant 100 and 250k sells for months. Hope license comes, be looking to get out then.

There is just too juch going on with the company for it not to attract interest - either from US Govt or top players in the industry.