George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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re...Maybe our Russian Tr1 holder is doing a runner....
who might that be? tx
Maybe our Russian Tr1 holder is doing a runner
https://twitter.com/MkangoResources/status/1498611654782816260?cxt=HHwWiMC4uYXXkcwpAAAA
A bright vision for the recycling of #RareEarth magnets - excellent @InnoNewsNetwork
article on #HyProMag set to become UK’s first recycled magnet producer - Mkango very pleased to be supporting its growth and early mover advantage via our 42% strategic interest #MKA #RareEarths
Innovation News Network
@InnoNewsNetwork
· 1 Mar
Professor Allan Walton, a Founding Director of HyProMag details their pioneering short loop magnet recycling HPMS technology and how the recycling of rare earth magnets can be unlocked.
#rareearth #crm #rareearthmagnets #circulareconomy
I'm almost 40% down as I bought in at 38p so can't really do anything but sit on it and hope I have not screwed up
Better to be down 7% than 35% with EVR today. Have to say, getting bored with the lack of positive news here though.
A number of 40k sells along with 25k -20k sells suggest we are not going up anytime soon.
Really good volume and lots of heavy buying. Price now up 20%. Something is surely afoot here. It’s only 11am and we have had 70 trades. Must surely be a leak of some sort. Bring on the rns tomorrow at 7am I say ……. Well one can start to wish because the likelihood is becoming scarce.
The genius that is the BOD did NOT mention END of Q1. They said IN Q1. So we have every right to expect news especially if it’s 6-7 meaningful announcements.
Maybe they are trying to suck our blood dry lol. Well mine is halfway there. Wanted to buy Evraz yesterday at £1.04 but couldn’t because of my investment here and keeping some powder dry. Could have made 25% in a day. Or probably 50% by weekend.
Come on MKA. Give us something.
Fair points MB. This is all very odd though. The market makers could easily stimulate buying volume by closing up the ask and the bid. It really is curious why they are just setting up a spread that is basically shutting down trading completely. Their job is to make a market and that is the polar opposite of what they are doing. There must be someone who gains from this.
Great articles indeed. Nice to refresh some forgotten articles.
It all looks very good, it all will become very good …. Now let’s get some for al news rubber stamped. You would think with all these links to the USA And other national companies that things would have been accelerated towards signing documents but we have had nothing.
Patience they say …. Ok I will wait but in the meantime the sp has dropped 40% from highs and markets are getting rattled but we still must wait …fine, email sent today to the PR team and ceo outlining simply what he’s promised us in Q1 and I make that roughly 2 rns each week from tomorrow.
Am I over invested here ? Probably but reality is until the company don’t speak then having all this material is irrelevant. They need to tell us why they bought out Talaxis stake and who’s our new partner. Even the recent announcement in the parliament meeting where they said talks with mka are finalising is all too surreal because that should have been signed off by now.
Maybe I’m asking for too much, let’s hope these guys get a move on.
‘the global Neodymium Magnet market size is USD million in 2022 from USD 7309 million in 2021. The global Neodymium Magnet market size will reach USD 10930 million in 2028’
https://www.marketwatch.com/press-release/neodymium-magnet-market-growth-statistics-2022-global-trend-industry-size-share-business-strategies-emerging-technology-product-portfolio-countries-data-demand-status-and-forecast-2028-2022-02-09
In February 2021, President Joe Biden signed an executive order that authorized the defense department to investigate U.S. reliance on foreign imports and a lack of domestic processing of critical minerals—including neodymium.
https://www.technology.org/2022/02/23/climate-friendly-method-rare-earth/
From 2019 but emphasises the demand once the feasibility study is completed at Songwe Hill:
‘The U.S. Department of Defense has held talks with Malawi’s Mkango Resources Ltd and other rare earth miners across the globe about their supplies of strategic minerals, part of a plan to find diversified reserves outside of China’
There will be an ever increasing need for REE as nations across the globe increase defense spending.
https://www.reuters.com/article/us-usa-rareearths-pentagon-exclusive/exclusive-pentagon-eyes-rare-earth-supplies-in-africa-in-push-away-from-china-idUSKCN1T62S4
not to sure about anything ending here, for the life of me i dont know why there has not been that expected run up and positive sentiment here.
Is it all a smoke screen ?? must be, surely, never known a stock to have so much potential newsflow in the pipeline and yet so low on volume and no sentiment at all.
Another day closer ..... or is it?
I think we may be about to see the stalemate end. Spread has just been brought much closer for the first time in days.
To be fair super i think the twitter team have had many replies including myself and we have all mentioned Total energies aswell as other possible outcomes and they have probably toned it down to put our accurate assumptions in to question for now.
I think the deal is verbally done and now its only a matter of time before they announce formally, any government involvement is a certain here, the sooner the news comes out the better.
As promised i will email MKA just to remind them of what they promised us and have 4 weeks in which to do it in.
The near 8% real spread tells you all. Any sellers instantly locked out. No chance of getting back in under 24p with enough of a discount to make it a worthwhile trade any time soon.
The US will want this REE at all costs.
The US were copied into the last tweet but Total were not. Relying on Chinese REE I'd no longer an option to the west. Ignore the noise. Buy and Hold
The latest awful news makes this share red hot
My prayers are with the brave soldiers in Ukraine
We own what Russia want
Thanks for the positive post munch
Looks like there could be a resolution with regards Russia and the American markets have reacted very positively.
Positive sentiment in the market is key to get the deserved re-rating we all desire and also get buyers having that risk on approach although they investment in MKA is certainly not a risk.
We finally enter March next week and it’s important we start to get the PROMISED news flow.
Bfs songwe, Songwe funding / sale or JV, thanbani uranium news jv, hypromag license deal (pre) news on other assets as mentioned in the podcast and not to forget the Rutile results.
That technically makes it a min of 6 material information the company needs to update investors.
There must surely be other significant developments that are taking place and it’s now time for the company to deliver.
Mms played hide n seek plenty of times drawing in small sellers but I’m really expecting strong gains from the off on Monday, the iron is hot with regards RRE and MKA need to strike now when the world is demanding the exact material we have in abundance.
Here’s to the news that is finally going to come we hope. Well done to all that have held, yes we get bored at times and even emotional but the truth is this company is a sitting goldmine, let’s hope that’s reflected very soon.
It's to put off buyers and encourage sellers.
Would like to see a nice 10% rise today to close out the week.
The 10% spread is there to keep everyone on edge. Markets could very easily get worse over the weekend however I don’t see many selling at current price.
This could be to deter any larger guys coming through as news is now due. Can’t believe we will head in to March next week and we have had zilch from MkA. I think it’s all been a smokescreen and that a bid has been agreed. Just my opinion.
They're certainly providing a service for someone, still being happy to take 100k shares straight off as they were for parts of yesterday during the supposed sell off (on an earth shattering 19 trades). I think you're spot on with the assertion of the types of games being played here, Sanchez. All that remains to be seen is for what end.
Near 10% spread on live prices. Come on MM's you are supposed to make a market, not stifle it completely. Very poor.