Wow. What a week!
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Up, down, sideways... I feel like I have been through the wash...
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A couple of fantastic announcements with of course our first REOs to head to Brazil, to begin the process of making the first magnets in the region, as well as a strong tie up with EMR, the biggest recycler in the UK, with presences abroad.
In particularly, the US.
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The EMR announcement is of particular significance to me, as they have an existing deal with Hypromag, which has been in place for about 5 years.
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If you don't know, they are another magnet , using their own patented hydrogen extraction process to produce magnet making feedstock.
From my research, they seem to have 2 major problems-
They are difficult and expensive to scale
The scrap that goes into their process has to be relatively agnostic and a lot cleaner than ours, making the process more expensive.
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So after 5 years of slogging it out with Hypromag, EMR have partnered up with us... On the eve of funding??... Hmm??
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Coincidence???
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Well, I have often said there are no coincidences in business, and this is no exception.
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So in part, I see this as shift in their strategy.
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A shift, to get on a-
FASTER, GREENER, CHEAPER, MORE SCALABLE AND MORE REPLICABLE REO PRODUCER!
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Yep, they are switching to a faster horse... a better tech.... a newer player... hedging their bets???
Maybe...
But What is certain, is that they are diversifying to a producer who can take ALL their scrap magnets, not just the select few that Hypromag must use to make their process viable and get to commercial concentrations...
Make no mistake, this is a big deal.
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So now, onto the Convertible note.
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We all knew something was coming...but this?
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his again speaks volumes to me.
Clever, progressive thinking that has once again filled the coffers....but with minimal impact this time.
And although this is the BOD's decision, from my viewpoint, this has got the fingerprints of the wheeler dealer Lynch all over it.
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And what did the market think?
Well, Who the hell does a capital raising in a penny stock, and finish the week UP??
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YES UP!!!
THE MARKET HAS SPOKEN!!!
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After digesting our latest capital raising, the market valued us higher.
We didn't get smashed down, didn't get punished but rather got rewarded.
Some may think I am making a big deal about nothing.. 001.
But in my experience, this is a big deal.
This shows the market is willing to accept this raise, and see that now, there is a chance to go forward, a chance to make it through to funding and to other capital positive opportunities.
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For the believers, this is of course a given.
All the posturing and rhetoric of the UK government, points to it being a lock, just waiting on the final thumbs up from them.
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Visits to the plant in Belfast, mentions in parliament by minister Sarah Jones, continual lobbying and the feedback by the company.... all signal this in plain sight.
Milestones being ticked off, with Feedback that is encouraging and pointing to a favourable outcome.
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Let's not forget the macro news that slaps us in the face EVERY day, and is almost too much to keep up with.
News article, after viewpoint, after analysis, after another EO signed by Trump.
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The US and France are tackling this head on, and pushing forward, unlocking funding on a large scale,,,larger than we have ever seen in the relatively small RE, excluding China.
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The UK by now, must surely be feeling left out, sidelined and know that if they dont act fast this opportunity could pass them by.
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And don't forget Brazil.
They have funding, the market, the population and most of all the hunger to become a big player in this space.
Nothing would surprise me from the latins, tempestuous and emotional driven, with what looks like an aggressive strategy unfolding.
AND WHO IS ON THE GROUND FLOOR WITH THEM??.....IXR, VMM and Viridion...100%
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So, this is where we find ourselves after a very eventful week.
More deals being done, capital raised to sustain us through to funding and finance, and an appetite of REs in the west that has never been seen before.
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And we have the right tech at the right time....just ask EMR.
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Good time ahead my fellow holders, the back half of 2025 will be a ripper.
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Hang in there people, don't let the 2 knucklehead downrampers get to you with their flaky and very thin counter arguments.
As we move forward, they are running out of ideas.
Kudos to
@roblun for his inexhaustible energy in continuing to take on the fight.
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Blind Freddy can see where this is going and as believers, so can we.
Because we are the fastest, greenest, cheapest, most scalable and most replicable REO producer on the planet.
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Good luck everyone and have a great weekend!
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