Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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We have retraced a touch - you ok munchbox? Sorry I can’t help it, having to read months of capricious posts from you. Pause . Regroup. Push on .
Bonker. Spot on. Charts look tasty dare I say.
The fact we are carrying this positive momentum is brilliant to see. Let’s hope we can touch 28p ask tomorrow and the weekend will do us good.
Next week could well start off with an rns or 2 taking us well in to the 30s. Personally songwe is small enough to get full funding eternally. I don’t think they will need to raise for it. I can definitely see small starts at night now. Had wondered where they had gone for so long :))
Topped up. Good price. Happy days. GLA
I must confess, i first bought MKA about 4 years ago @ 5.5p and was over invested leaving me nothing to play with. I sold half at 7p to buy GGP . Then sold the rest at only 9p. I stayed out until recently because Ggp was making similar gains, so thoughvi made nice early profits i actually made much more in Ggp. Trouble was ....i watched MKA fly all the way to 38p, sovi was effectively priced out.
Not to worry..as i bidrf my time and now out of Ggp and made good use of those gains to invest even more money in MKA, POW, UFO than i could ever have done had i just stuck with MKA.
NOW i have the benefit of a second wind....
...and yes MKA imo has the potential to be a multibagger even from these levels.
GLA
Morning.
Well if it's going back to 37p then it's making exactly the right move at exactly the right time.
No news until 30p please. Let her climb..
.......eventually.
Just wait out the down days.
More to come on news?
Ffs. Cristalball if you and your girlfriend larus can’t post on here without trying to get attention from me then don’t bother. After all you were very quiet when your 5p purchase was only up 300% only last week :)) oh …. And u sold at peak 38p. You sure do have a cristalball haaaaaaa.
We looking ripe here. About time after all the suffering. Looking forward to 25p today and hopefully a nice rns tomorrow taking us to a peak of 28p for the day. Happy days :)))))
Baggy. Spot on. He wouldn’t touch a company anywhere near African jurisdictions, also I think
He is likely to buy a Lithium company that’s already producing huge amounts that has alot of rare earth by products.
The SP hasn’t doubled yet this morning - is Munchbox OK? Can someone please confirm he is still alive please, thanks . ;-)
Elon probably will buy a mining company (or two) but not in Africa IMO. He will go for a safer jurisdiction such as Australia, US, or Europe (not bordering Russia). I would LOVE to be wrong though!
https://www.mining.com/web/elon-musk-says-tesla-open-to-buying-a-mining-company/
Agree Tufftrader. Infact if you look at the last 6-7 months MKA have released the rns news in clusters together.
I can see a nice surprise coming out before the big ones and hope it’s the rutile deposit.
Don’t forget we were in talks about possible jv regarding thambani 4 months ago so that’s not far off either. What happened to that Myles find regarding presana rns and 88% ??? Lots in the pipeline I reckon.
https://twitter.com/mylesmcnulty/status/1529508329369833473?s=21&t=b1rY1iMMBolH63CUJACCYQ
£30k buy after hours. Shaping up for an interesting day tomorrow. I still believe we’ll have some kind of news within a week or two.
Looking good for a big upturn. News cannot be far off considerinh last update was over six weeks ago. 7 April
Munch isn't wrong with the 23p shout but assuming this closes over 22p today/this week it's leaving behind it all sorts of probable support above 20p so best sit on your hands eh - you never know what tomorrow/next week will bring.
larus. its between me and lewis...3s a crowd as you woiuldnt know so do 1 buddy.
really good volume and most certainly going higher, looking at the charts we need to break 23p resistance and then theres a small wall at 28p followed by the big one at 32p.
rutile results would be a nice suprise along with sort of offtake agreement.
lets hope we crack that 23p or i wont be very happy.
So am I supposed to be selling up and running for the hills now or buying more at these unbelievable prices? Waiting for the latest analysis from our bipolar friend.
im still here and under water!
Not worried about my investment here! We should be getting some news very soon.
Our CEO is a busy guy and he doesnt stay quite this long for no reason!
LG MKA!
Tufftrader
The latest position seems to be from the supporting docs for the 28th April RNS.
"Mkango ... is currently working on a definitive feasibility study (the “Feasibility Study”) which is expected to conclude during the second quarter of 2022."
"The MDA confirms the fiscal and legal terms for project development upon completion of which, the results of
the feasibility study and valuation metrics will be announced."
"Negotiations for the Mining Development Agreement (“MDA”) with the Government of Malawi are also well
advanced... both Mkango and the Government of Malawi are prioritising its successful completion."
So we should be expecting a DFS rather than a BFS. It will be completed by the end of June.
The DFS will be announced once the MDA is completed which isn't entirely in MKA's control but does seem to be a priority for the government.
The MDA confirms the fiscal and legal terms for project development, and is expected to take up to three months from today to finalise, upon which the results of the feasibility study and valuation metrics will be announced - dated 7th March.
In fairness, their March RNS appears to confirm that the work will all be completed by June 7th. It doesn’t commit them to releasing the BFS but it does indicate imminent release of positive news flow soon
If I remember correctly, the last indication for the BFS was "sometime Q2".
So five (not one) more weeks to.
Anyway, nice to see some positive action here.
There are mood swings, then there is you.
I can tell you are happy again today. Hope it reaches your exist point ASAP. For all of our sakes
I suspect the Russian has gone but as expected no TR1. A silent disappearance.
This rise is long overdue.