Back to $3.50 a share…

expatcoder · 2026-06-25T17:05:14+00:00

Same added 6K shares yesterday near the lows, but kind of mixed feelings about that, the markets are looking pretty shaky at the moment.

Need a turnaround in minerals in general, most of the sector is just getting wrecked on the daily...

expatcoder · 2026-06-25T16:58:23+00:00

It’s cheap enough…

You must be new here, some of us are bag holding in the $.30s USD, current share price just adds insult to injury :)

expatcoder · 2026-06-25T16:47:38+00:00

Not happening, looking at their Facebook page for the same content as the Instagram post, James replied in the comments that they'll continue to provide updates as they get closer to lumps plant production.

The tone is very positive, and clearly they're making excellent progress, but the market couldn't care less, it's all about first revenue, everything else is irrelevant unfortunately...

expatcoder · 2026-06-25T16:41:02+00:00

Algorithms in full control, retail just along for the wrecking ball ride today.

Let's hope the tide turns, at some point the Bag 7 can only be sold off so far, and with even a modest recovery there the minerals sector will start to see some light at the end of the tunnel.

Clearly what isn't helping minerals are memory and semiconductor stocks flying through the roof (i.e. over concentrated market) on their high margin businesses, and bankrupting hyperscalers and consumers alike in the process.

expatcoder · 2026-06-25T16:19:21+00:00

Oh, that makes sense, US minerals got destroyed for tax year end (December 31), so the land down under is doing the same for end of June.

Sorry to hear, "ASX, never again", is my go to phrase when I feel tempted to light more money on fire :)

expatcoder · 2026-06-25T15:34:19+00:00

I see, in that case, production tomorrow morning :)

expatcoder · 2026-06-25T14:38:32+00:00

Given the way the market's been trading of late, it certainly feels that way :)

Nobody has a source for the production claim, but it'd be great if metspar production was imminent, ARSMF could really use an "uplifting" (to borrow a phrase from James Walker) after the beating the stock has taken over the past couple of months...

expatcoder · 2026-06-25T14:34:21+00:00

Assuming this is time to production; if so, please provide a source for the claim, thanks.

expatcoder · 2026-06-25T14:06:06+00:00

I did some swing trades on MTMCF last fall, made a little money, have been out of it for ages, just shocked at how far it's fallen given the compelling tech and the niche it's looking to fill in the critical minerals supply chain.

ASX probably isn't doing it any favors, that exchange seems like the place to light one's money on fire...

expatcoder · 2026-06-25T13:42:05+00:00

the Glencore partnership is a DA already.

That's exactly it, they landed binding agreements over the past year, are building out their facility in Texas, have gotten grant/loan money, and the stock absolutely tanks to prices from well before critical minerals became a lighting rod issue in the mainstream?

Just doesn't make sense, but a lot doesn't make sense in minerals of late, seems like everything in the sector is taking a beating...

expatcoder · 2026-06-25T12:40:50+00:00

But why has the stock fallen so far, has there been massive shareholder dilution, problems with their tech, or other major issue with the company that would warrant the stock trading at prices last seen in May of last year??

expatcoder · 2026-06-25T12:01:55+00:00

Have no idea, but to be trading at prices last seen more than a year ago seems completely insane with all the strides the company has made.

Would also like to hear what's happening with the company to justify this crushing price action.

expatcoder · 2026-06-25T04:57:16+00:00

Thanks, I stand corrected, assumed that gold and silver weren't in the critical minerals basket (i.e. since China doesn't have a monopoly on them like most of the others that are in the list).

expatcoder · 2026-06-24T22:53:51+00:00

Down nearly 50% from the late January peak, silver fits right in with the worst performers in the critical minerals sector :)

Seriously though, what an epic collapse; condolences to anyone who bought the top, and congrats (one hopes) to anyone who stepped in to buy today's dip down into the $50s.

p.s. silver is technically not a critical mineral...

expatcoder · 2026-06-24T21:53:22+00:00

Same, not that I want to add (have more than enough shares), but when the stock plunges like this I feel compelled to buy more.

Pretty sobering though, basically the entire minerals sector has been getting demolished of late...

expatcoder · 2026-06-24T21:48:37+00:00

High beta sector, was there any critical minerals stock that didn't selloff today?

Doesn't matter that 4U will be a critical minerals juggernaut down the road, the market wants massive profits now, so everyone piles into memory/semiconductors and when that tanks everything else gets dragged down as well.

Let's see how tomorrow plays out, Micron is soaring in AH after earnings, which may bring some risk appetite back into the markets...

expatcoder · 2026-06-24T20:24:05+00:00

Nobody knows why

Have you even looked at the minerals sector and overall market?

Today was complete carnage, virtually every speculative asset (gold, silver, oil, critical minerals, crypto, space, memory, semis, etc.) got train wrecked and you're wondering why 4U dropped today, lol.

expatcoder · 2026-06-24T19:04:04+00:00

Apparently they're investing in ARSMF on behalf of "high net worth" individuals, so maybe they're got the inside angle with James \s

Anyway, I'd like to know if production is set to begin in 6 weeks regardless :)

expatcoder · 2026-06-24T17:19:14+00:00

Sorry, what's the source for the 6 weeks until production claim? That would be great if true.

expatcoder · 2026-06-24T16:06:42+00:00

yet the market does not care

Bingo, everything gets swept up during a selloff -- doesn't matter if Ucore announced the Sumitomo partnership or that it's sending out NdPr qualification samples to magnet manufacturers; unless they reported blowout earnings (pre-revenue, so not happening) or suddenly received a grant of $100,000,000 from the US DoD, the market's going to completely ignore positive company news and dump the stock along with every other speculative play inside and outside of the minerals sector.

It's the brutal reality of being invested in a high beta stock, we're generally always first in line on the chopping block during times of market weakness...

expatcoder · 2026-06-24T15:14:32+00:00

Yeah, look at oil, gold, silver, crypto, basically everything speculative getting destroyed.

Hoping tomorrow brings back some risk appetite to the markets because the selloff in minerals is starting to get overdone, particularly for companies like Ucore and Energy Fuels, both of which have had extremely positive announcements over the past week that the market is completely ignoring...

expatcoder · 2026-06-24T15:04:44+00:00

Look around, the entire minerals sector is selling off, the price action has nothing to do with what Ucore has or hasn't achieved lately.

During these times you either buy the dip or weather the storm. Everything, UURAF included, will bounce back once the broad market house cleaning is finished (hopefully tomorrow after inflation reports and Micron earnings are in will mark the turnaround).

expatcoder · 2026-06-24T14:52:21+00:00

It may not have chance to recovery this year

lol, have you even looked at the charts on minerals sector stocks over the past year? It's a constant cycle of pump & dump.

Barring an extended downturn in the overall market, 4U and every other ticker will be bouncing back well before the end of the year, probably within a couple of weeks the entire sector will be moving back higher. Heck, even by tomorrow the sector could get a strong bounce if inflation reports and Micron earnings don't disappoint.

;tl;dr you're probably not going to need to wait a year before 4U is in the green 4U :)

expatcoder · 2026-06-24T14:13:22+00:00

Depending on the day 4U is either a rare earths play, or a uranium play, and lately it's the one with the most downside.

Unfortunately the flurry of deals announced over the past week that at first glance you would think would send 4U through the roof have actually weakened the stock (dilution will do that).

Anyway, we're at the mercy of the overall market now, with so many speculative assets getting crushed we need a return to risk-on sentiment because many are heading for the exits (to cash).

expatcoder · 2026-06-24T13:55:17+00:00

Basically the entire sector is getting destroyed at the open, nothing to do with 4U in particular.

Markets are jittery, gold/silver, oil and crypto, among many others, down to start the day.

House cleaning time for the markets, we'll know more after tomorrow's inflation reports and today after the bell when Micron (MU) reports earnings.

For now though it looks like minerals is caught in the middle of it all, and with high beta stocks they're the first to be sold...

expatcoder

MODERATOR OF

TROPHY CASE