Mithrandir were the youngest of those bands grouped under the banner of the New Wave Of British Heavy Metal. Since the height of the boom in collecting NWOBHM records in the mid-1990s, Mithrandir's "Magick EP" and "Dreamers Of Fortune" single have been valued at £75 and £50 respectively, a far cry from the pound they cost in 1982.

Dale, Keith, Graham and Paul - pictured, left to right, rehearsing at Holme Village Hall - recorded the tracks for the "Magick EP" (Call Of The Wild, All The Time Nonstop and Eyes Of The Madman) in a day at the snowbound Live Music Studio in Fitzwilliam Street, Peterborough, Christmas 1981. The boys represented Sawtry Village College in the TSB Rockschool Contest. With these tapes Mithrandir sailed through selection, but at the live round in Nottingham the judges said their music was too complex to take in. Indeed, they were precocious talents undaunted by challenges older and more experienced musicians would have avoided. By then they were unconcerned anyway as their EP had been released.

569 "Magick EP"s (New Leaf Records SVC01) were pressed. They sold quickly, especially to schoolmates, and gained Mithrandir considerable local press coverage and gigs at venues and festivals through the rest of the year. Collectors should note that each EP was numbered in green ink on the bag, which was inserted in a polystyrene cover with simple green-on-white back and front wraps.