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Bloody frustrating. Says November still but it’s December tomorrow. Who know when they’ll have a brown paper envelope big enough to make them actually sign. Starting to doubt Malawi’s “warm heart”.
The key is they are doing it properly. Low cash burn mode with MDA imminent. Looking extremely good. So much potential
Seems the delay is in the hands of the Government, although others are optimistic it’ll happen soon.
https://www.asx.com.au/asxpdf/20221101/pdf/45h2wtk0q1d9q9.pdf
Chinese supply chain issues can only help here. Producers need alternative REE sources today. Malawi can surly see that too and cannot wait much longer for the ESG driven tax revenues.
I also know at least x2 larger PIs who are looking to buy into this on weakness, I don't think they will get the quantities or near to them at under 20p soon. 17p will feel a bargain.
well, the good news is that the crazy selling that crashed the share price a few weeks ago seems to be over. the bad news is that nobody seems willing to pay 17p right now. more waiting...... and there has already been plenty of that
An excellent video showcasing the hypromag investment.
https://youtu.be/9P-dsNCffWw
24/11/22
https://www.mining-technology.com/news/hypromag-rare-earth-germany/
This is all part of a huge corruption campaign to clean up the tendering systems ready for making new commitments to the West. In fact it should prove to make investors more comfortable knowing corruption due diligence is being taken seriously.
https://www.bbc.co.uk/news/world-africa-63754227
Hopefully, doesn't impact us
Let's not forget the 40% ownership of Hypromag who are flying in their own right
And rightfully so. We know the guys are out in Malawi rubbing shoulders with the elite, this flies on MDA and funding news.
Starting to cook on low volume. About time.
Let’s hope so. Fingers crossed.
https://www.share-talk.com/mkango-resources-ltd-aimmka-granted-fund-hypromag-project/
Newsflow all positive, mining agreement a formality and love the due diligence from both sides to get it right first time.
Multiple strings to the bow. Darling of 2023 this one in my view. X3 from here easily.
Morning.
Really fab news - the money/ball is starting to roll - hold for the 4x from here.
Excellent news, and great to see some faces back in Malawi.
Great news for Mkango. HyProMag really taking off. With possible further similar projects to be announced.
Hopefully this will see the share price rise.
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.