Member Info for velcrofajita

And this makes copper another huge future investment theme. No grid expansion without massive copper wiring investment

Bonker, anyone know a company that had developed low energy HPMS recycling?

To be honest I find the derampers, FUD merchants very entertaining. Some comic relief from the daily work challenges

Oh nooo, here we have triple standards, one for bulls, one for bears and a 3rd for you

Aldebaran

Oh well I see Trump / US government doing just the opposite even after this "deal", which by the way is up for renegotiation in 12 months. Main point MKA business development was never about the panic investment over the last few months and is part of a long term strategic development of bringing mining, separation and recycling to market.

I can only laugh when I see comments like this. By the way, why 30p and not all the way down back to 5p???

Tuck,

My gut feeling is that part of the MKAR production / processing when it comes on line, will be feeding through to magnet production facilities with the core product based on recycling. Read my post on Grain Boundary Diffusion. This looks like a major synergy that will underpin profitable magnet production at market prices and independent of any state support (I don't like business models that are totally dependent on state support)

Kat,

No matter how i think of it, I cannot understand your thoughts on this

Firstly as esduk mentions, 10k sell is small fry and there are both bigger buys and sells continuously. The avg volume is above 2m per day and I am personally very happy to see these levels of sale/buys which is a significant improvement in liquidity from the days of 5p

Also worrying about a price that trades lower than purchase cost not because of key negative information on the future of the company but beacause of trading patterns and markets moving at an instant from greed to fear, is not the advisable, unless one is here for a small trading profit and a stop loss in case sp goes down.

The dynamics with REE have changed, the modern economy needs them like never before. This time s the key and not the trade war, not government investment. It is all about progress and the demand for REE. This is irreversible.

Tortoise, this was clear for me for some time. I did post along these lines last week.

Magnetism is at the core of new technologies in multiple fields, including defence. First and foremost they will use their rare earths in their own production industries and will make surplus available to other countries.

The 12 month window is there to give other countries time to kickstart their own magnet production and processing facilities. Recycling is key to supply chains as new mines and processing will take years to bring to market.

Yes esduk, did understand your intentions in writing. I just wanted to ad my firm view that no tech collapse is imminent

On capital raise I would see the same, but in the event that a few more £m is needed, it is by no means a disaster

Esduk,

I did not even look at the MV of my MKA shares at 71p as I did not believe that this price will hold, given the reasoning for the climb to those levels. The drop to 430 was indeed more than I expected, but this is how it is on such shares, skyrocket on the up for no solid reason and plummet to the depths agsin for no solid reason.

Esduk,

I personally do not see a crash in tech. This is an investment theme that has years to run, with real business adopting AI for core operations rather than just playing around. There may well be some falling down to Earth of shares trading at PE multiples in the hundreds, not yet cash positive or even with no revenue, but when it comes to serious players, I see allot more value creation ahead.

The delay in listing seems to be a reality, 45 day shut down or so will have likely pushed this back to Q1 2026. Is this a disaster and has changed the fundamentals, I do not see that at all. A few million £ additional capital raise really not a huge issue

Kat, over the years I have had my fair share of put down comments directed at me, sometimes justified. A good learning process and key is to never take them personally.

The last thing I would think of doing is not posting, sharing research and thoughts, even though some may not like it.

Also unrealistic for anyone to expect that whoever posts here will always be positive and that there are no risks. I personally like to hear what risks people see and then I can consider them against my fundamental understanding and then take a position if I agree or not

Esduk, very true and sobering comments

Kat,

Cannot disagree stronger that decline has been concerning

Firstly like all rare earth stocks there was an unsustainable spike on the back of Xi-Trump rare earths vs tariffs blow up, which was clear that it would settle down at some time. Greed at its best driving sp up and up

Then when the Trump-Xi truce came, fear at its best kicks in, Rare Earth projects outside China now reduced to ruble as China will flood the markets

For me its like a soap opera, you can just tune out for some weeks and then come back and everything is still the same. The fundamentals are better than they have ever been for the specific technology and projects of MKA

@ bonker, all I can say further is stick to your strategy 30-40% and keep the core intact. If you have been here since 5p you will have seen multiple spikes up and significant re-tracement thereafter and it has nothing to do with what anyone says here. When a share shoots up there is always likely to be profit taking and with rate earths there was the added hype about China stopping supply and the world grinding to an abrupt hault.

The reality is that nothing has changed on the very strong fundamentals. It is traders sentiment, greed and fear that changes daily

Bonker,

Keeping comments on the Fundamentals. In my view your position "funda are dead" is dead wrong. What is dead is the "quick buck hype trade" that took rare earth shares in general to unsustainable levels in a very short space of time.

Fundamentals is a long term game, not measured in a matter of weeks and reacting to trade flows in and out of certain stock categories

I can understand you taking a trading/charting view on this, many do and make money. I personally don't like this playing/trading and look for long term developments in any stock I own

Https://www.msn.com/en-gb/money/other/grupa-azoty-targets-profit-restoration-with-new-defense-logistics-focus/ar-AA1PLhHT

Grupo Azoty is the entity that MKAR is cooperating with on the supply of key regents and infrastructure for the Pulawy separation plant. Grupo Azoty has established a new defense segment. Here I can see a wider Defense partnership shaping up between Grupo Azoty and MKAR.

I have been looking again at Hypromag USA news release fro 09/15/2025. For me the introduction of Advanced Grain Boundary Diffusion techniques into the HPMS magnet production process is very interesting

This is a summary of how it works

Coating: A source of heavy rare-earth elements (like Dysprosium or Terbium), often in the form of a fluoride, hydride, or alloy, is applied to the surface of the magnet.

Heat treatment: The coated magnet is heated to a moderate temperature for several hours.

Diffusion: The heavy rare-earth elements move from the surface into the magnet, predominantly following the grain boundaries (the interfaces between magnetic grains).

Result: This forms a thin, protective layer of heavy rare-earth elements around the magnetic grains, which improves coercivity without significantly reducing the magnet's remanence (overall magnetic strength).

Advantages of advanced GBD

HRE conservation: It drastically reduces the amount of expensive and scarce heavy rare-earth elements needed for a high-performance magnet, sometimes by an order of magnitude, by placing them where they are most effective.

Increased coercivity: The process significantly boosts the magnet's resistance to demagnetization.

Maintained remanence: Unlike conventional alloying, it avoids diluting the main magnetic phase, helping to maintain the overall magnetic strength (remanence).

Customization: It allows for the creation of magnets with higher grades and specific properties (e.g., high coercivity) that were not possible with traditional methods.

What this in essence tells me is that Hypromag are working on producing the top tier of high performance magnets used in Defense applications. but with only low content of the expensive heavy rare earths with the majority of cost coming from the comparatively low cost HPMS recycling. This for sure is not just limited to the US but all of Hypromag operations. I can further see that Heavy Rare Earths coming from Malawi mine and separated out in Poland will be supplied to Hypromag facilities. There may be a split between mining/processing and recycling but economically I fully expect long supply arrangements between MKAR and Hypromag. This is something the US DoD will be extremely interested in, we can be sure.

Also need to be understood that the details around these matters and cooperation with US/EU defense industry is highly confidential.

Https://www.cnbc.com/amp/2025/11/07/mp-materials-rare-earth-critical-mineral-china-trump.html

I agree with this assessment. Rare Earth Mines and processing facilities in the west just don’t make sense owing to high cost base and environmental costs. Investors have to look carefully and select the right projects.

HPMS is very economical and a very clean prices so ticks all the boxes. Recycling works well in the west with the right technology

Africa is good for mining as costs much lower and governments need to support mining as a sector to get economic. Growth

Poland is a manufacturing star in Poland and Axzoty a strong established business. Combing HPMD with separation can make allot of sense

MKA ticks my boxes