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You would like to think in doing away with the Talaxis funding that there is prob a direction for funding which they will pursue? These milestones will get us there.
This needs to come before financing silly.
Only your buy-in by the sound of it ;)
SP,
I hold Rainbow too as you know, but you are not saying Burundi's open cast mine was large scale are you?
Another milestone.
Bt I am puzzled by the euphoria when afaik there is still no financing in place. Have I missed something?
>>Africa’s first large scale rare earth’s mine”
Not true at all.
Only one currently operating, maybe.
Great news - now heading North - at pace!
Great news. My favourite line, 'expected to unlock significant stakeholder value and future investment for the development of Sub-Saharan Africa's first large scale, commercial rare earth mining and processing operation in Malawi.'
These guys do not go in for hype - pieces are finally falling into place.
Agree - light a rocket under the REMs prices (again and likely with China conflict) and I wouldn't rule out a quid here within a year.
Hi Flundra, hope you are well
if you are disappointed by that, imagine how I felt when I read an article in May 2022 saying the Minister expected three MDA's (one being MKA) by the end of June! :-)
The Minister also said that they must conclude MDA's by YE 2022 after that, with the final deadline now being the end of this month
There is an article somewhere saying once the EISHA was approved, the MDA would follow shortly after, I will try to find it and post here
Today's news for me is the biggest step forward in the last 9 months, and isn't just words but is finally some action that will lead to the MDA being granted IMHO In February, they want this in production by 2025 so they will not wait around much longer, with the London firm working on Malawi's behalf I think we can get a deal done in the coming weeks, the good news is in the background we have been having financing discussions with internationals, all while HyProMag continues to increase in value, we have the best BoD, partners and projects anyone could ask for in the sub £50m market cap space and this is a future powerhouse in the making
Flundra, I am not disappointed, the MDA was expected a year ago. The due dilligence is exceptional for African mining and a testament to both parties to get it right. There are too many instances where MDAs are challenged after large capex outlay to the benefit of no one e.g. Burundi
I have been historically impressed with the MKA approach. Solid platform and move forward.
Potential is massive. The cert today is a game changer for investment.
The direction of travel's still good. It's only a short delay but is anyone else a bit disappointed that the minister's reported "by 31 Jan" for the MDA is now "in the coming weeks"?
I suspect they'll try and triangulate it for a few weeks before lift-off but it's all good from teens.
Hopefully, given the lag still between now and MDA more people will see this as a buying opportunity. Price is still a gift considering. Still time to get on board before we leave for the 30s/40s..
Roll on the MDA.
My feeling is MDA within two weeks. Well done all. How do you like the sound of being an investor in “Africa’s first large scale rare earth’s mine” at this particular time in history. I like the sound of it very much indeed. 17.5p today at finish.
Yep giant step towards signing of MDA and mining licence as already hinted by the government.
Market will wake up so time to take positions is now!
GL.
Well it’s states - we look forward to the Mining Licence and MDA being approved in the coming weeks. So Jan-Feb I would say.
Still think MDA in January or more likely a week or so?
That's as good as "guys, MDA is nailed on" in my book. Well done MKA!
Get in!
I picked up another 50,000 shares this morning
30p could be hit sooner than you think. If all goes according to plan the next 6 weeks i'd expect MDA, finance, cotec update and fingers crossed some good news re Pulawy. MDA could well open the flood gates imo.
Anyone with sense and money. This is gagging to break out. MDA, finance, logistics, perfect storm timing. I don’t expect fireworks immediately, experience tells us the market is modest atm. But once this gets going it’ll take its rightful place with it peers. IMO 20p on MDA and possible retrace, with a steady climb beyond 30p over the summer. Possibly 50/60p sometime this year.
Late 75,000 buy again today?!
Whose loading up here quietly?