The next focusIR Investor Webinar takes places on 14th May with guest speakers from 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.
Possibly - I've added some at 23.5p anyway.
Munchy,
No issue with your strategy, its the bipolar perspective, it's tiring and boring.
One day, "I have 100k waiting, this is great, takeover anytime" next day, "this is going to 20p, we won't make the gains I want"
Let it run its course, the chart has been in a range for the last 12months. It's a classical wait pattern. Traders get exciting at the top of the range.
People should be getting excited now at the lower end as its opportunity to buy.
You think you will get in at this price when the already announced timeline is delivered for the BFS and MDA?
You should get your powder wet instead of getting upset.
I will say this, I do think there will be a placement of shares announced around this level with the newsflow, a fundraise. This is what is holding this back in my view, I've seen it a million times.
You carry on MB, at least your honest on strategy. Everyone has one and will sell when it suits them, for what its worth I’m going long but anyone after short/mid gains is fine by my as long as they don’t try to manipulate a share eg its the best share ever then sell and now its the worst but I’m going to carry on posting here to tell you over and over = They join the green box brigade.
low level punter ? lmaoooo
i was here way before you sunshine and have nearly 600k shares, if thats low level then im happy with that.#
truth is this company is sound... we know that ....but its going 20p or lower before it goes above 30p.
thats all im saying and its really upsetting you, sound companies dont always male you happy and yes i want out before the crash where you will pick these up in the teens again.
each to their own, funny how on these bb if you dont post what the sheep want to hear you become an outcast yet when you post something thats honest it hurts. fuunnnny that.
Anyway heres to 20p in the coming days when more tr-1 heavyweights come on board.
Nothing on thambani as promised, nothing on rutile, more n more delays.
Munch,
Jeez, you come on here with bipolar posts and then say you are touching my nerves.
Still waiting for your 100k purchase ffs. End of the day you are a low level punter with a quick buck attitude
Fortunate thing for you, this is a sound investment.
You need to relax
Ooooooo. Lewis. Touched a nerve have i ? How can I be a gambler yet invest in this diamond of a stock ?
You can post all the nonsense you like. This ain’t going anywhere for a long time. See you at 20p. I know it hurts , we are all hurting. This dump will come good and let’s hope the craft don’t happen too soon otherwise you might have a breakdown. ;)))
Please move on ffs. This is a solid investment but you are clearly a short term impatient gambler. A reminder,
"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
-- During this period, Mkango will continue to advance ongoing discussions with potential strategic investors and off-takers, and work closely with its brokers, project finance advisors, Terrafranca Capital Partners Ltd (www.terrafranca.co.uk), and United States strategic advisors, Jones Group International ( www.jonesgroupinternational.com ). Mkango also recently engaged EIT Raw Materials (www.eitrawmaterials.eu) to further support financing discussions in Malawi and Poland. EIT RawMaterials provides support to Mkango within the framework of the European Raw Materials Alliance.
-- The MDA was recently highlighted to the Malawi Parliament in a speech by Malawi State President His Excellency Lazarus Chakwera and also during the Malawi 2022/23 Budget by the Minister of Finance Hon Sosten Gwengwe MP, and both Mkango and the Government of Malawi are prioritising its successful completion"
It was a long memo - I've been away for a while :)
Well nothing ever gets valued as low as 3% of NPV with a PFS/DFS so there's obviously something else at play here unless this is about to 10x from right here on that DFS - then the numbers work perfectly ...
Believe so! Shouldn't be long now hopefully
Was BFS not expected by end of Q1?
Good for you I guess?
No buyers. Continuous drip selling. Can see this going 21p again.
Absolute shambles how the market has handled this stock. 40p is a million miles away. All these new Tr1 investors don’t mean jack. People are forgetting that the current war has made us take our eye off the market ……these markets are due some serious correction and unfortunately I hate to admit it but Mka will get caught up in the sell off like every other stock.
It’s why I was badgering on asking where the rns were.
I’ve now decided to change tactic …..buy a load more at 20p and exit a lot earlier rather than waiting for the 40s-50s n more.
Everyone has their own investment timelines ….that’s one thing but the market conditions are another. I do believe this crash will be of epic proportions and to be fair Mka is a solid company and they have tried very hard to push out news and tweet things. Unfortunately only a takeover will help people realise those fantasies of £1 or even 80p.
It’s funny how I wanted to the price to go up and it went down. I can now honestly say I want 20p because that top up will help me get out quicker. One should never fall in love with a share or take tips from people without doing some DD themselves.
I’m still here …..still long but just not strong anymore. Making simple 20-30% gains in crypto and to think 30% move up here would require the world to know about our rns lol.
Hanging on here …..only just. !!!
Sounds like you missed two years ! The latest business case is showing a NPV of US$2.4Billion using a highly conservative NdPr price of US$125,000/t and discounting any revenue from the 8,000t of by-product.
Well the valuation here will be driven by the PFS/DFS NPV and prevailing market prices for the stuff they're selling - as valuations are calculated everywhere else.
Maybe I missed a memo (possible) but the PFS NPV is more like $250m, yes?
You might want to start to re-evaluate the Pensana SP bonkers; All indications are that they will shortly be announcing finance secured, offtake secured, construction commenced. What will be your evaluation then ?
Just topped up at 24.4 for £8k
Will show up on delayed buys later.
As to why this is so quiet with BFS around the corner ...
23731 AND 81292 (delayed) were my buys. I now have 1 million + and will be slepimg easy tonight. Have farted around with BCN and EMH and KOD - but long term this is the absolute no brainer. Sod the others.
Difficult to ascertain what are sells and and buys but my gut feel is that buys are outstripping sells today. No movement either way though
So @ malik-, how do you arrive at an NPV of $1.7b here?
FWIW - I've just run the numbers for Pensana and at 60p it's right on the money/bottom assuming they're at PFS stage and the basket price numbers used for that NPV are in-line with current market prices.
What's the MKA NPV you are referring to, is it DFSed/fully funded and 100% attributable to MKA?
But I just feels like no matter what is given in an rns and we have had 3 in quick succession that this sp is depressed and suppressed.
I mean BFS rns will pump us 15% ?? We still 27p at that rate. Honestly I really hope this is not a slow grind. I know it won’t happen overnight but to think so much positivity is being said and done without reflecting in the sp is worrying for me. Still have my powder dry for 100k shares to add …..at this rate I think there’s more of a chance the sp hitting my top up target of 21p than heating to the 30s.
To think that GKN are remodelling one of their engines to be out of the recycled magnets should have sent this stock soaring in that news alone but was brushed under the carpet. Yes it’s a long process but the thought of that being successful is a game changer …..oh wait, heard that too many times here already :))) on that note I will leave it there.
#MKA @MkangoResources $MKA
Pensana just released revised eco estimates for its mining + separation project.
Readacross positive for MKA.
Numbers point to NPV for MKA’s integrated project of USD1.7bn, when I adjust for differential in pdction and spot NDPR p.
MKA CHEAP at 4% NPV!
Good find. To be honest I’m getting tired of being naked checked with the “next door tag “. We need our own results. We need our own rutile. It’s getting boring talking about other’s assets and off takes when all along we haven’t done anything about ours.
Let’s hope we stop looking at others progress and start moving forward ourselves.
Really surprised at yesterdays sp action. Seller still seems to be about. Let’s hope we can push on today.