Xatraxion ☢️

☢️ MSc Financial Engineering - Commodity Investor ☢️ News-Insights-Analysis

[Xatraxion ☢️ @Xatraxion]

THREAD - ENCORE ENERGY
🚨@enCoreEnergy_EU #uranium $EU 🚨
~40 % Drop : Weak FY financials & CEO exit.

I spoke with Executive Chairman @Billsheriff_ about:

-Production shortfalls 📉
-Loan & inventory concerns 💰
-CEO replacement strategy 🔄
-Potential M&A talks 🤝

Here's what he said: 🧵👇

[Ruben Shiffman @ShiffmanRuben]

$MOLY Today we announced that the Government of Canada concluded its final due diligence and awarded our company a $7 million non-repayable contribution to evaluate the potential recoveries of by-product magnesium and rare earth elements. Canada is now the first G7 government to invest in mining in Greenland. More updates on our other equity capex financing efforts to follow😎
#Greenland #Criticalminerals #molybdenum #magnesium #REEs

https://t.co/7YqN6z3KMk

[Xatraxion ☢️ @Xatraxion]

@rekurencja Piotr & Kek agreeing on something 😮

[Xatraxion ☢️ @Xatraxion]

@capnek123 pro tip, for each 185 shares of $RSH bought and 100 shares of $M.CN
shorted, you net $9 (which you can re-invest in Myriad shares) and + the Rush spinco assets for free :)

[Xatraxion ☢️ @Xatraxion]

@capnek123 it's the border opening up Lucijan

[Jason @DukeInShadows]

I mean the notion that moly prices need to go up in order for the project to pencil is perhaps a personal opinion he has given his portfolio. but economically $MOLY.TO pencils at drastically lower spot prices. the asset is top notch with a clear path to production on the debt side, Ruben is just finalizing equity side. Europe is and will be increasing its defense spend over the next decade and molybdenum is crucial and has no direct substitutes. Europe has no domestic production yet is 2nd largest user. almost completely reliant on china. so far Ruben has executed well, albeit a touch behind schedule primarily because he is truly trailblazing the deals with the EU backing (unlike China, U.S. they've pretty much done none of these financings before). That being said Europe really likes this project for a multitude of reasons from national defensive to environmental. Ruben is a man of high integrity and has high insider alignment, he also has deep connections in Scandinavia and Europe. the ownership base of MOLY is alot of family offices and long time holders that I deem of high quality. Ruben purposely has done practically zero IR/marketing because it's not needed and a distraction to his current task. in the long term thats good for holder although it leads to alot of ppl not understanding the story properly.

[Xatraxion ☢️ @Xatraxion]

@jtourzan @DukeInShadows @rekurencja prices dont need to go up, look at the economics at spot, or even 70% of spot. Multi $B projects

[Xatraxion ☢️ @Xatraxion]

@ShiffmanRuben thanks for the update Ruben!
Will the project execution plan / timeline be shared with shareholders ?

[Ruben Shiffman @ShiffmanRuben]

$MOLY Today we announced our 2026 field program in East Greenland aiming to prepare for preconstruction and longer-term equipment deliveries, in line with the initial scope of work outlined in the recently produced project execution plan. Additionally, we announced an aggressive metallurgical program aimed at recovering magnesium and rare earth elements. We also provided an equity capex update but there is more to come 😎
#Greenland #Criticalminerals

https://t.co/d1EAZMjFNo

[Xatraxion ☢️ @Xatraxion]

@leggett_john @capnek123 1500 a call 😵‍💫

[Xatraxion ☢️ @Xatraxion]

@gmoipar this can't be near Mtl

[Xatraxion ☢️ @Xatraxion]

"The Company also announces the departure of Ramón Mendoza, Chief Technical Officer, and Dr. Jose Hernandez, Vice President, Metallurgy and Process Engineering. Luca would like to thank both individuals for their contributions to the Company and wish them success in their future endeavors. " this is scaring people out

[Xatraxion ☢️ @Xatraxion]

@UraniumSteve Janet just filed a cool $7k to support you

[Xatraxion ☢️ @Xatraxion]

@GavMcCracken S&P up 20% in 2 months

[Xatraxion ☢️ @Xatraxion]

@AF_63A3 @NeilRingdahl @NeilRingdahl I second this

[Xatraxion ☢️ @Xatraxion]

@Coco70774502 @ToffCap still buying

[ToffCap @ToffCap]

$MOLY share price vs Molybdenum price

[Xatraxion ☢️ @Xatraxion]

@DRiittzeez Seems like someone at RBC is getting out

[Neil Ringdahl @NeilRingdahl]

1) From Drilling to Open Pit Optimization For Dummies.
(An updated 🧵)
Imagine you have project and hire a truly great geologist who has drilled some fantastic looking sections based on a small surface anomaly he found from a surface geochemistry sampling program.

[Xatraxion ☢️ @Xatraxion]

@jtourzan @au_engineer Panuco a marginal asset?

[Xatraxion ☢️ @Xatraxion]

@AveCaesar511 @BULLReturns Govt crumbling is your answer