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FVAC.WS $3.25 now...added more this morning at $3.15 area....nice pullback opportunity to add.....
Yes, our mrkts to be closed Monday....enjoy your weekend Twister1......
i also think this one is going to be an exciting ride to the mountain tops...
cheers
have a great long weekend...
i think usa market will be closed monday
$FVAC agreed Wrinkles. Probably one of the best ways to play china tensions, rare earth, and EV market all in one.
Love the r vs r here.
Welcome and ty for helping support and mod FVAC/FVAC.WS....good luck to all shareholders, gonna be a fun ride in next several years....possible retirement stock here.....not pumping either when saying that, incredible opportunity here....
$FVAC updated the ibox for the FVAC MP merger taking place.
Those warrants going to be scooped up hard as we go forward.
Very nice info...TY Buddy for sharing....one step closer for us.....
$FVAC this is what I have been waiting for.
Very bullish for FVAC
www.zerohedge.com/geopolitical/bipartisan-bill-seeks-curb-us-reliance-china-rare-earths
Agreee OWS, I just keep adding along the way....
$FVAC thank you for sharing. I firmly believe this stock is well positioned and likely to be a massive winner long term.
Repost:Pentagon resumes rare earths funding program after review
https://www.reuters.com/article/us-usa-rareearths-idUSKCN24M2Z4
I added more FVAC.WS couple of times past few days.....will keep on adding as I can.....
Recently purchased another 1k shares of this.
$FVAC wakey wakey. EOM
$FVAC nice to see the S-4 filed. Moving along nicely.
cha-ching....
piles of jingle coming ---
cheers
$FVAC going to have a busy busy September. If we get some more China tensions (which is clear to me is coming) FVAC is going to be massive.
Grabbing as much as I can.
Informational meetings with the investment community are anticipated to be held in September 2020. The business combination is expected to close in the fourth quarter of 2020, subject to regulatory and stockholder approvals, and other customary closing conditions.
When is FVAC going to convert and MP officially start?
US, China sea tensions hot and getting hotter
https://asiatimes.com/2020/08/us-china-sea-tensions-hot-and-getting-hotter/
Prices of praseodymium neodymium oxide and terbium oxide extended gains, downstream users restocked on demand https://news.metal.com/newscontent/101244635/prices-of-praseodymium-neodymium-oxide-and-terbium-oxide-extended-gains-downstream-users-restocked-on-demand $FVAC
$FVAC this is the new "gold rush" and Trump will get it done IMHO.
I would not be surprised to see government funds coming in to support the cause.
$FVAC Electric Vehicles will consume one-fourth global NdFeB production by 2030. A neodymium magnet is also known as NdFeB, NIB or Neo magnet is the most widely used type of rare-earth magnet. It is a permanent magnet made from an alloy of neodymium, iron, and boron and used in the electric vehicle motors. https://auto.economictimes.indiatimes.com/news/auto-components/evs-will-consume-one-fourth-global-ndfeb-production-by-2030/77635497
$FVAC WW3 fears: US sends second warship to South China Sea in DAYS – warning to Xi Jinping
https://express.co.uk/news/world/1324935/World-war-3-china-us-war-south-china-sea-xi-jinping
South China Sea dispute: China's pursuit of resources 'unlawful', says US - BBC News
China issues stark warning over US destroyer in South China Sea - 'Threat to peace'
https://www.express.co.uk/news/world/1325030/south-china-sea-news-china-us-world-war-3-taiwan-donald-trump-uss-mustin $FVAC #
Can the West’s economies ever escape China’s magnetic pull? The story of rare-earth metals shows how hard it can be https://www.theglobeandmail.com/business/article-can-the-wests-economies-ever-escape-chinas-magnetic-pull-the-story/
U.S. Falters in Bid to Replace Chinese Rare Earths
https://foreignpolicy.com/2020/05/25/china-trump-trade-supply-chain-rare-earth-minerals-mining-pandemic-tensions/
U.S. finds its Chinese rare earth dependency hard to break https://www.reuters.com/article/us-usa-rareearths-ahome-column/column-u-s-finds-its-chinese-rare-earth-dependency-hard-to-break-andy-home-idUSKCN24T20J #Fortress #MP #Molycorp $FVAC #California #Trump
U.S. Companies Vie for Funds in Race to Build Rare Earths Industry
https://www.nytimes.com/2020/08/14/us/politics/rare-earths-american-companies.html
Bold Action Needed to Solve Rare Earth Problem
https://www.nationaldefensemagazine.org/articles/2020/8/11/bold-action-needed-to-solve-rare-earth-problem $FVAC
California in the US-China Rare Earths Race
https://thediplomat.com/2020/06/california-in-the-us-china-rare-earths-race/
The Pentagon wants to end its reliance on China for rare earth minerals. But can it be done?
https://www.politico.com/news/2020/08/03/pentagon-rare-earth-minerals-china-390939
it would be wise to have free cash if the price drifts to 10
remember the underwriting by JP Morgan is a tranche of x million dollars (I don't have the figures in front of me) and shares priced at $10.00 for the IPO if successful
also, like any other IPO the books are closed until afterwards
so the risk here is not knowing MP books for stock valuation, and the extreme risk is the merger or tender offer falling apart, if that happens then FVAC shares will liquidate, all in the filings
bullishly cautious, a few eggs in this potential investment basket, but not all imo
China accounts for over 95% of the world’s production of rare earths, giving it the ability to place US industry and defence in a stranglehold, should it choose. It’s been a significant concern for President Trump’s administration, who have sought avenues to boost domestic production of rare earths. In 2019, the US Commerce Department recommended the US should take urgent steps to boost domestic rare earth production, and recommend stockpiling as a short-term measure, combined with longer-term measures to explore, develop and process more rare earth minerals.
MP Material’s Mountain Pass mine in California is the only operating rare earths mine in the US and has been the subject of much interest from the federal government for that reason. The listing will be a boon to the US government and US industry as a major step in reducing the reliance on China for rare earths.
MP Materials will net around $489m from the merger and a separate stock offering with other investors. The company will use the funds to upgrade outdated processing equipment at Mountain Pass, which has held over from the Molycorp era. Currently, MP Material’s lack of processing equipment means it has to ship over 50,000 tonnes of concentrated rare earths to China each year for processing. $fvac
China accounts for over 95% of the world’s production of rare earths, giving it the ability to place US industry and defence in a stranglehold, should it choose. It’s been a significant concern for President Trump’s administration, who have sought avenues to boost domestic production of rare earths. In 2019, the US Commerce Department recommended the US should take urgent steps to boost domestic rare earth production, and recommend stockpiling as a short-term measure, combined with longer-term measures to explore, develop and process more rare earth minerals.
MP Material’s Mountain Pass mine in California is the only operating rare earths mine in the US and has been the subject of much interest from the federal government for that reason. The listing will be a boon to the US government and US industry as a major step in reducing the reliance on China for rare earths.
MP Materials will net around $489m from the merger and a separate stock offering with other investors. The company will use the funds to upgrade outdated processing equipment at Mountain Pass, which has held over from the Molycorp era. Currently, MP Material’s lack of processing equipment means it has to ship over 50,000 tonnes of concentrated rare earths to China each year for processing. $fvac
$FVAC Molycorp's Ghost Rises Through Fortress Value Acquisition And MP Materials
https://seekingalpha.com/article/4360937-molycorps-ghost-rises-through-fortress-value-acquisition-and-mp-materials
$FVAC is going to be a beauty imho.
I load the warrants when I can.
$16 Next leg $FVAC
$FVAC patiently waiting for the big move to new 52 week highs. Sitting on Rare Earth "gold".
$FVAC absolutely agree with that. Depending on market conditions I will adjust the plan accordingly :)
I do agree, but also keep in mind the Nov election
one party can have big negative impact on petroleum related industries and other regulatory stuff, which does include mining, just throwing it out there, but like you said, life is taking risks
$FVAC life is all about taking risks. I think this baby is golden long term.
Sure if one is willing to compound risk for compounded returns
I may add a token lot of WT pre-merger with afforded money to lose, but without seeing the books of MP, it's definitely blind risk
https://www.sec.gov/Archives/edgar/data/1815849/000119312520198619/d944308ds1.htm
This is an initial public offering of our securities. Each unit has an offering price of $10.00 and consists of one share of our Class A common stock and one-fifth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of our Class A common stock at a price of $11.50 per share, subject to adjustment as provided herein. Only whole warrants are exercisable. The warrants will become exercisable on the later of 30 days after the completion of our initial business combination and 12 months from the closing of this offering, and will expire five years after the completion of our initial business combination or earlier upon redemption or liquidation, as described in this prospectus. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. We have also granted the underwriters a 45-day option to purchase up to an additional 4,500,000 units to cover over-allotments, if any.
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MP Materials, owner and operator of Mountain Pass, the only rare earth mining and processing site of scale in North America, today announced a definitive agreement to merge with Fortress Value Acquisition Corp. (NYSE: FVAC), a special purpose acquisition company sponsored by an affiliate of Fortress Investment Group LLC ("Fortress").
MP Materials is building a sustainable, Western supply chain that will support the anticipated electrification of global infrastructure over the coming decades. We are today one of the largest global producers of rare earth materials, and the largest outside of Asia. Our products are critical building blocks for electric vehicles, clean energy solutions, advanced defense systems, drones and other vital emerging industries. With a proven history of global leadership in rare earths and one of the most valuable ore reserves in the world, our state-of-the-art, zero-discharge Mountain Pass facility is uniquely positioned to address an important gap in U.S. economic and national security, producing sustainable materials for a sustainable industry.
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