The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Someone find the Malawian DA a frickin' pen, for God sake!
Should be moving blue as you say, the 'red' trades at 13.945 are buys. I topped up a little at that price yesterday.
Notice someone is hoovering up small volume sales after disproportionate drops. This is about to move blue.
Yes, that has always been a problem.
not much volume there, but at least you can put in an order and have it filled at the price you expect. unlike here where it seems like you have no idea what you will pay until the trade is settled
More bear action today, this share is pulling hard to recover on no news. Should be a strong performer if we can drill it home. Come on Malawi, saddle up with Mkango and let’s get your economy firing.
Agreed, all of the right steps are in place and momentum is building.
Subtle buys here are there and chart looking bullish despite market turmoil
I think its all looking very positive. The extra time is quite comforting in that from the bits of info we have, it looks like this is being done properly. Imo when the Mda and licence drops (any day now) there will be a flow of news, there will be deals on the table that are on hold until then.
Songwe's potential to contribute 2% of Malawi's GDP is an interesting figure being bandied about atm. Underlines the scale and importance. And one comparison: 2% of GDP is what NATO countries aim to spend on defence. Huge sums.
You’d hope so. Lord only know what’s going on behind the scenes here. If Malawi are serious about being seen as a friendly, non-corrupt hub, who are open to doing business with global partners then this is a golden opportunity for them to send a message. Are they really different from other African nations or are they progressive and ready to engage. One thing for sure, with the amount of value in the ground at songwe, there must be some d£&k swinging going on behind the scenes. A deal like this has the power to send a message to the world saying one of two things; either we’re serious, or we’re just the same as the rest of them. Test of Mkango’s “metal” here. Can they get this over the line?
https://twitter.com/Mattitus/status/1592173798891343874?t=R4zUEsIY8BvC-SKNgi_t5g&s=19
https://twitter.com/featherby_dr/status/1591729750212583428?s=46&t=h45pNpPSNcnR9let_NYHiA
That's put the mockers on that then :)
https://www.**********.co.uk/articles/trader-s-cafe-with-zak-mir-weekend-bulletin-board-heroes-november-5-36a3c94/
Mkango gets a mention with 50day average resistance broken upward. Expects 20p by the end of November.
Agreed, looks like this is about to move north again too
Malik is just a trader, I wouldn't take much notice of his open shorts. If you read back on his tweets you'll see the following post on April 12th:
#MKA
@MkangoResources
Stock now down to lows of 2021 yet not only is NDPR p nearly 50% higher since, the co also doubled its shareholding in the #RareEarths asset since to 100%.
Trading like roadkill.
Macro environment ever more supportive for project, as I describe below.
BUY
Importance of Africa minerals mentioned on multiple reports coming out of cop27.
Only a matter of time until people wake up to this one's potential.
It's probably the same guy - do your own thinking ...
Malik is talking his book as he has declared he has an open short on MKA. He really is being disingenuous criticising McNulty on Twitter for publishing his own trades and “front running” PIs, when Malik appears to be attempting much the same, albeit he just doesn’t carry the social influence to have much effect and has now found himself on the wrong side of a strengthening share price. Current NdPr prices are in line with those assumptions set out in the DFS for 2022, so everything looks to be on track here. Malik has no visibility of the contemplated G Azoty process, costs or forecast profitability, as this has not been published, so his comments about their next moves are complete finger in the sky guesses by him, being someone with an open short position who wants the share price to fall. Suggest his views are only worth listening to if he publishes detailed explanations of his thinking, with numerical workings (as McNulty does from time to time on his blog), so his comments can be properly scrutinised. At the moment, he’s making noise and flapping as rises in the share price are losing him money.
hope so but just saw Malik on twitter saying it's a sell on strength due to the economics of the current NdPR prices and him not seeing G Azoty taking on a sizeable endeavor with high energy costs
Lots of nice buys. COP 27 should help.
Good share price movement. Hopefully we have turned the corner and we can get back to the value mka deserves.
We started the week at 11p and touched 13.5 this afternoon. The mare is pulling… happy weekend all.
strong buying into the close ????????