The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
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?
Canada listing up 20% so far today
I picked up 300,000 shares today and yes was the one lifting the price to 15p to get them. This adds to the 450,000 Canadian shares I hold.
The are big risks here but if we get ML, CoTec transaction goes ahead, we get news on recycling development in the US then there is huge upside, which will then make a needed equity raise less dilutive.
Personally I am here for minimum 2-3 years and looking for a multiple on the price paid for the shares today.
I guess :)
We're only a quarter of the way there though ;)
Raise the SP :-)
Not sure how you generate sells here at this point in time.
15 grand paid at 15p.
It’s almost like we have limited free float and a few months ahead of serious news :-)
Buy action starting to heat up again. News inbound. What a moment for this company. Come on Chakwera let’s dust off that quill and ignite Malawi’s role in the green energy revolution. News within two weeks I feel. GLA
Stewart Newton bought most of his holding above 20p early last year and still holds over 5%.
Michael Geoghegan was paying 30p when he went above 4%.
A top fund manager and an ex HSBC boss. You couldn't ask for better connected HNW individuals if you tried.
Already involved with US govt to fast track this when signed off.
Current SP is a gift.