I’m not saying we are good. John is saying it 🤷‍♂️ Join: pages.fink.money/academy 10% off with FINK10 at checkout.

Alexander Lemon was with the @MKA rare earths USA team in Washington DC this week, attending the US Chamber of Commerce Critical Minerals Summit, great meetings held with the @UsChamberOfCom , the @DFCgov , @EconAtState Exciting progress for MKAR @malawidc @USEmbassyLLW @UKinMalawi @Nasdaq #RareEarths #Hypromag

Another great @ITS_America in the books! Our team had a blast catching up with customers and partners this week and demoing BlueCity on Rev8 Thank you to everyone who stopped by. Fun seeing Ouster in the wild at the @AdastecCorp @Cisco and @Econolite_ITS booths 🚦

stay tuned (OS1)

Robosense has officially been blacklisted under the @DeptofWar 1260H Section on 6/8/2026, joining fellow LiDAR maker Hesai. Very bullish for $OUST media.defense.gov/2026/Jun/0… @RJScaringe @Rivian time to switch to American LiDAR @ousterlidar $OUST $RIVN

🇬🇧 The UK is building a resilient, circular supply chain for Rare Earths and Permanent Magnets! 🧲 The newly released UK Critical Mineral Investment Prospectus (Spring/Summer 2026) showcases immense opportunities for investors across the critical minerals sector. Securing a domestic supply of Rare Earth Elements (REEs) is vital for advancing technologies ranging from electric vehicles to renewable energy systems. Here is how the UK is connecting the dots from scrap collection to high-tech magnet making: ♻️ EMR (Magnet Feedstock): EMR is securing vital magnet feedstock to support electrification. They use advanced treatment and recovery technologies—including AI-assisted automated processes—to recover magnets from end-of-life products like waste electrical and electronic equipment (WEEE), electric drive motors, and wind turbines. 🔬 Ionic Technologies (Rare Earth Oxides Separation): Based in Belfast, Ionic Technologies is pioneering Rare Earth Oxides separation. Their patented hydrometallurgical technology takes recycled magnet material and produces high-purity (>99.5%) separated rare earth oxides. This provides a sustainable alternative to mined extraction and helps establish a secure domestic supply chain for critical minerals in the UK. 🧲 HyProMag (Magnet Recyclers and Magnet Maker): HyProMag operates as magnet recyclers and commercial magnet makers. Using their patented Hydrogen Processing of Magnet Scrap (HPMS) technology, they liberate rare earth magnets from end-of-life scrap streams. They then remanufacture this demagnetised NdFeB powder back into new rare earth magnets using an energy-efficient, short-loop recycling process. 🏭 LCM (Magnet Alloy Making and Rare Earths Metallisation): Less Common Metals (LCM) handles magnet alloy making and rare earth metallisation. Located in Cheshire, they supply materials directly to the permanent magnet industry and are one of the few commercial-scale producers of neodymium, neodymium praseodymium, and dysprosium iron metals through fused salt electrolysis. 💰 The Financial Backbone: Government & Policy Support This ecosystem isn't just technologically advanced; it is heavily supported by strategic UK financing mechanisms designed to crowd in private capital: The National Wealth Fund (NWF): Equipped with £27.8 billion in core capital to invest in clean energy missions and strengthen strategic sovereign capabilities. The NWF targets mid-stream and downstream refining/recycling projects, and has already deployed £55 million into domestic lithium extraction and £63.6 million in debt/equity to reopen historic tin mines.PDF 1 Innovate UK: Actively driving commercialisation through targeted initiatives like the £15 million CLIMATES programme, which specifically funds innovations in the rare earth element and permanent magnet supply chains. They also offer Innovation Loans up to £25 million for late-stage R&D projects with high commercial potential.PDF 1 UK Export Finance (UKEF): Following a record £14.5 billion financing year, the UK's export credit agency provides tailored guarantees to de-risk the sector. This includes the Critical Goods Export Development Guarantee (offering up to an 80% guarantee to commercial lenders backing UK critical mineral suppliers) and Critical Minerals Supply Finance (offering up to a 100% guarantee for overseas projects securing long-term offtake contracts with UK exporters).PDF 1 The UK is moving towards becoming a self-sustaining hub of innovation and circularity to protect its industries against geopolitical supply chain risks. 🌍🔋 👇 The link to the full UK Critical Minerals Investment Prospectus below! criticalmineral.org/investin… @EMRGroupLimited @LCM_Metals @CMA_Minerals @IONIC_RE @IONICTECH_UK #REACTUK #CREEM #RareEarths #PermanentMagnets #CriticalMinerals #IonicTechnologies #HyProMag #EMR #LessCommonMetals #CircularEconomy #GreenTech #SupplyChain #UKManufacturing #NationalWealthFund #InnovateUK #UKExportFinance

The two biggest reasons you feel bad days in the market so strongly has nothing to do with your portfolio. It tends to be two things. 1) your positions being down make you feel incompetent 2) your desire for control is completely decimated To fix 1) you need to balance the chaotic nature of markets with an element of objective certainty (structured risk management). To fix 2) you need to understand the market more. Luckily for you, we fix both of these problems in the first segment of the Academy Pages.fink.money/academy

$OUST is the only US-listed compliant LiDAR company and a hard deadline just got set. June 30, 2026 - NDAA Section 164 goes live. From that date, the DoD cannot operate, procure, or use LiDAR manufactured or reliant on software/data infrastructure connected to China, Russia, Iran, or North Korea. Chinese suppliers currently account for approximately 95% of the global automotive LiDAR market. $HSAI , RoboSense, Huawei, and Seyond together control 89% of the total market. Section 164 doesn't clip a fringe player - it cuts off the dominant supply chain of an entire industry for every DoD-adjacent application. The GUARD Act (H.R.9129) runs on a separate track - FCC Covered List mechanism, targeting communications equipment inside humanoid and quadruped robots. Any adversary-produced system not reviewed within 12 months is auto-banned. Two bills. Two mechanisms. Both route to the same outcome: Chinese LiDAR and Chinese robots become progressively illegal to use if you touch federal money. $OUST is the only US-listed, fully compliant digital LiDAR company in the market. Not only is the tech elite, but the company has one of the best refulatory positions I've seen of any company. I like this as a play advantageous to the Trump administrations national sovereignty program in the economy. $OUST is a compliance-mandated LiDAR monopoly in formation.

$CTH and #MKA $MKAR #MKA is especially insane right now Market cap $244m Listing a Rare Earth Mine and Processing plant on the $NSDQ next month for $600m and we all know RE IPO’s do 100% easy And THEN they have a $500m Magnet manufacturing and recycling business with $CTH that actually works, makes revenues and is scaling globally Truly insane, bookmark this and check back on it in 3 months! $CTH.NE $MKA.NE

LARRY ELLISON: AI IS RAPIDLY COMMODITIZING BECAUSE MOST MODELS ARE TRAINED ON THE SAME PUBLIC INTERNET DATA. THE REAL COMPETITIVE EDGE ISN’T THE MODEL ANYMORE — IT’S ACCESS TO EXCLUSIVE, PROPRIETARY DATASETS. THAT MAY BE THE ONLY MOAT LEFT.

.@PalmerLuckey: "Patents are Chinese instruction manuals" and we need to reinvent the US patent system: "Stop patenting everything." "The Founding Fathers never predicted a world where you'd have a globalized economy, and the entire patent office could be downloaded every single morning, ripped off, and then used to fight a war against you." " We need to really fundamentally revisit the patent system." "I think we need to massively expand the national security patent process. You can obtain a classified patent. You can get a patent on something that you are not allowed to disclose to anyone, but you still maintain the exclusivity on those rights." " We need to massively expand that program." Via @HooverInst

Exactly this. Strategy Chart narrative risk management (For me) The simplest strategies often work the best.

Wow, back in January this didn’t get a single like. #MKA But now you know…

Look at the advisors #mka

#mka this is Drantley's excellent obs

A little known $250m market cap company is actually the best, but who would know as it’s on the LSE (for now) $MKA.NE MKA.LSE

Bloom Energy just hit $74 billion market cap on a 2.8GW Oracle contract. The market is desperately searching for the next Bloom. It's already public. Under $850M market cap. Almost nobody has connected the dots. $HYLN (Hyliion Holdings) — the company the market still thinks is a failed EV truck startup. --- **The KARNO generator** In late 2022, Hyliion acquired KARNO directly from GE Aerospace's skunkworks for $37M — GE's own engineering team came with it, and GE became an equity stakeholder. KARNO is a Stirling-cycle linear heat generator. No combustion. No crankshaft. No spark plugs. No oil. A sealed working gas expands under external heat, driving a magnetic piston through stator coils to generate electricity. One moving part per shaft. Frictionless air bearings. Near-zero mechanical degradation. Decades of operational life. Maintenance: air filter replacements and remote software updates. Bloom's fuel cell stacks require full replacement every 3–5 years. KARNO doesn't. --- **Where KARNO beats Bloom outright** **Fuel agnosticism.** Bloom's SOFCs are poisoned by sulfur and carbon monoxide — requiring expensive external scrubbing on every installation. KARNO burns fuel externally to the sealed generator. Natural gas, hydrogen, biogas, flare gas, propane, ammonia, diesel — all validated. In-operation fuel switching demonstrated live in Q1 2026 without power fluctuation. **Dynamic load following.** Bloom must maintain ~800°C internally — ramping takes hours, forcing expensive battery buffers. KARNO modulates idle to full capacity in milliseconds via software-controlled stroke frequency. **Native 800VDC output.** Bloom outputs AC requiring conversion losses. KARNO natively outputs 800V DC — feeding directly into the emerging AI data center architecture standard. **Noise.** ~67 dB. Quieter than a conversation. Deployable inside data center corridors. --- **The manufacturing moat** KARNO's heat exchangers contain micro-channel geometries that cannot be cast or machined — only 3D printed in metal. The geometry itself unlocks commercial Stirling efficiency. Hyliion operates GE Colibrium M Line additive systems — the first commercial deployment in the United States — at 2–4x the throughput of standard industrial printers. Any competitor must bypass 105 patents across 22 families — including a flagship patent drawing 122 citations from Deere and Wabco — then master print parameters Hyliion and GE spent years optimizing. --- **Military validation** ~$20M in active Office of Naval Research contracts. Q1 2026: commenced building an 800 kW KARNO system for an unmanned Navy vessel. Targeting $40–50M in additional military contracts in 2026. If the Navy confirms KARNO runs reliably under extreme maritime conditions — commercial technology risk is eliminated. A data center operator buys with Navy-grade confidence. --- **The pipeline and financials** ~750 KARNO Cores under LOIs — over $400M in potential revenue. VFG Holdings (former Dell CTO/Chief AI Officer) signed for 250 Cores, 50MW over five years. Flexnode signed for edge AI. ABM Industries handles national field deployment. UL certification cleared early 2026. First 10 units delivering H2 2026. - Q1 2026 revenue: $2.83M — beat $1.15M consensus by 146% - 460% YoY growth - Cash: $139.3M. Zero debt. ~3-year non-dilutive runway - FY2026 guidance: ~$10M revenue, ~$100M year-end cash --- **The disconnect** Bloom Energy: $74B market cap. 26.7x revenue. Adjusted P/E of 10,861x. Hyliion: $832M market cap. $139M cash. ~$692M enterprise value. GE Aerospace-engineered platform. Native 800VDC. Millisecond load following. True fuel agnosticism. Near-zero degradation. Military-validated. $400M LOI pipeline. Priced as a failed SPAC. If 25% of LOIs convert over 12–18 months, the re-rating is violent. $3–5B is a modest mid-cap for this technology — 300–500% from here, with $139M as the floor. --- *Not financial advice. Do your own due diligence.

$OUST This is why I'm not really worried about Ouster's Chinese competitors like Hesai: "If you separate that ADAS (Advanced driver-assistance systems), we are the global leader in all those other segments, even higher than Hesai is operating. They're a Chinese-based company, so it helps us specifically in the Western markets from people who are looking for solutions to choose because we kind of bring a comfort when you're dealing with robotics, industrials, smart infrastructure to use a Western US-based company in those types of scenarios." — Ken Gianella, CFO of Ouster Well said and also a good reminder that Smart Infrastructure was the largest contributor to last quarter's revenue, followed by Industrial. Not Automotive.

A conversation today reminded me why I stopped day trading 18 months ago. For me, it’s not even about the PnL anymore. I had some incredible runs… but also some terrible ones that wiped out months of progress. What I underestimated was the cost outside the account balance: • Constant mental load
• Anxiety and poor sleep
• Being distracted from family & business
• Feeling permanently “switched on”
• Living inside low timeframe noise instead of the real world Trying to compete in highly leveraged FX & Crypto on low timeframes felt like an exceptionally hard profession with no guarantees at the end of it. After a lot of reflection, I completely changed approach. I moved to equities with a long-term investing mindset, focused mainly on Daily/Weekly timeframes in markets that aren’t running 24/7. Simple strategy. Less noise. More patience. Ironically, everything improved after that. My main investment account is up 119% since making the shift, but more importantly: • I spend weekends properly with my family
• I exercise daily
• I stopped drinking alcohol
• I’ve picked up hobbies again
• I sleep better
• I’m fitter and mentally sharper than I’ve been in years The biggest return isn’t financial. It’s getting your time, focus and life back.