Member Info for velcrofajita

@Drantley, I’m going to have to mitigate again. I think

The SPAC is a mere formality considering his in demand the REE Space is, only risk is time but we are talking in months only

Drantley,

Supply of parts/machinery exists, HYP USA changed the engineering changed the specification to exclude Chinese supplies. Financing I do not see as an issue as REE are critical and states will support funding. My main focus would be to ensure availability of feedstock.

Https://www.reuters.com/business/aerospace-defense/rare-earth-shortages-worsen-us-aerospace-chips-despite-trade-truce-sources-say-2026-02-26/

Songwe MREC also has 143 tpa of Ytrium production, which represents about 2.4% of the total MREC as per the DFS. This is again a small part of the total but very valuable and is another pillar supporting the economics

Drantley,

GKN abandoning their rare earth magnet factory leaves more demand which could be filled by wider roll out of HPMS recycling in Europe.

I was expecting an earlier development on HPMS recycling, but possibly Envipro have been waiting for subsidies and other forms of support to be rolled out before committing to anything, as again I would expect that they would be expected to fund any recycling facility construction.

I don’t have a link, run your question on ChatGBT and you will see

The area of patent protection is a huge one and but easy in a few lines to detail things here

University of Birmingham registered initial patents on HPMS process but since then there have been key commercialization developments and improvements which very likely can be protected as unpublished trade secrets rather that patents so as to keep the core commercial aspects secret.

Post 2032 a new player using the technology will have a disadvantage in terms of decades and will further have to deal with trade secret process. If any player is really interested in going into HPMS at commercial scale they would have to ageee with University of Birmingham abd Hypromag, possibly but out Hypromag

Thx Esduk, I will certainly follow Aya

What I particularly liked about the Hypromag USA presentation was the point that grain boundary diffusion is to be included which will blend in mined materials to get the high performance magnets

I have for some time seen the other opportunity with a recycling facility at the Pulawy separation plant that will make maximum use of the Terbium and Dysprosium to produce top end magnets. Going this way may well bring MKA a very big synergy benefit compared to selling off all separated rare earths

Esduk, thx to your view on Vizsla. I like the project but in a very unstable environment at the moment and don’t see that any funding partner will touch

I for sure like Morocco where my employer is establishing a production plant. Aya is excellent but I missed the big rise over the last 2 years so have positioned myself in other shares where I see possibilities of at least 5x appreciation which I don’t see possible in Aya at current levels.

Drantley,

MKA represents about 38% of my portfolio.

My portfolio really focused on a very few holdings at the moment. MKA the largest with the next 3 at 30%, 20% and 10%

Esduk, what do you think of Vizsla Silver after what happened in Mexico?

SVML on their own unlikely to take through to production. As a JV with another established miner could be a possibility though

That hole has more resource than is mentioned in the blog. The is now also the Monazite with high content of REE. Not sure what the total scale will end up being but a further useful revenue stream for sure

Titanium, Graphite, REE all critical materials for the technological future. Natural rutile with the Titanium quality that has been confirmed is massive for aerospace and humanoid robotics, which is a huge future (for me rather near term) investment theme

Stock market for me is not a 100 meter sprint but a marathon. This has all the makings of a long term big winner for those that have the patience and don't just want to trade the next in theme

I am one of those that prefer Rio Tito does not take this and SVML can take this to production with a strategic partner

Drantley, Esduk my take on Pulawy and the Polish separation business

Azoty is a Polish "Champion" with part ownership by the state. Yes they have had issues in their polymer business and there are articles about their fight for survival which is typical of the European chemicals business. Azoty needs a debt restructuring and I fully expect the Polish state through their strategic stake will support this, including making new equity available. The Polish state also owns the two largest banks in the country, PKO BP and Pekao SA, which also happen to be the two largest lenders to Azoty.. I am therefore rather positive that Azoty will survive the debt restructuring and will emerge as a stronger business for any improvement in market conditions.

As for the link between Azoty and MKAR separation plant, as far as I have knowledge this is about land rental as well as supply of key chemicals to MKAR needed for the separation business. Further than this I would not be surprised if there are arrangements that MKAR uses Azoty distribution infrastructure to ship out separated REE .

Cooperation with Azoty also gives MKAR good connections/access to KUKE (Polish state export guarantee agency) as well as the two large state owned lenders PKO BP and Pekao SA. Here having certainty on chemical input supply and distribution infrastructure is a big advantage with KUKE also then looking to see offtake arrangements in place after which their export guarantee support can be expected.

If in Europe, the place I would want to be for manufacturing is definitely Poland. They continue to have a strong industrial base, business focused mentality and access to skilled labour and here the contribution of highly skilled and hard working people from Ukraine should not be underestimated. This is a huge tailwind for Poland.

A Kat has been strangling the sp, ha ha ha

Kat, you are not expecting him to sell but want him to sell so the price can trickle down and you can go in for your next trade. If he is decent CFO then he will arrange a loan against the shares (or other assets) to pay off any tax liabilities. Paying 10% interest cumulative over 2 years on a loan is much cheaper than giving up 300% gain in less than that period.

Things are shaping up very well for the company;

1. Japanese confirmation of Titanium quality

2. IFC support

3. HREE run off from processing

4. Project vault graphite offtake

Kasiya is a very significant and needed project. For those that are patient, this may well bring in many multiples of appreciation from current price, especially ones Titanium and Graphite prices start to improve

Today's rns has been expected but confirms to anyone who had doubts that this key transaction is moving ahead. The timing has slipped as we all know but we should be good with Q2. The communication refers to extension to Sept 26 but that is not an indication of when this is expected to be completed but a date giving sufficient headroom. Various approvals on the merger, listing and so on are just administrative in nature. The timing of th listing s excellent, with Neodymium price much higher than last year and with clarity that the US/West absolutely need to diversify from Chine supply. In current market MKAR could see 30-50% upside on first day of trading following the listing at $10 per share

I also now understand that MKAR owes £22.5 million to MKA, so either gives MKA a larger shareholding to be able to sell down to raise liquidity or alternatively this could be specifically refinanced giving MKA a big cash boost

To be honest I don't really care that much where the sp trades over the next weeks and take little interest in what traders like Kat comment here and that would be the same for anyone who oppositely looks to talk up the very short term price. The long term story is excellent especially considering a second Nasdaq listing of the Hypromag USA business next year

Stock, they are all small time traders. I like destroying their arguments but honestly they are inconsequential

Https://interestingengineering.com/ai-robotics/china-humanoid-robot-stunning-sword-dance

The humanoid robots are here and guess what, as expected, China leads. For all this movement, Neodymium magnets are essential, This is the future and demand for Neodymium must explode.

Another story here is Titanium, but this is for another board