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6-8 weeks.
"8 weeks? Can you give us a bit more please."
9 weeks?
8 weeks? Can you give us a bit more please.
8 weeks.
It's entirely right to be thinking about all these issues, in particular funding/solvency atm. But there's more than enough value in MKA to support the current sp. Another 10k shares for me today. Laughing by Christmas hopefully.
Silvermaple,
I’ve no idea either but one thing I do know is he/she/they have done a damn good job of decimating the share price and knocking the confidence of many LTHs. I can’t believe that I am not buying loads more at this low price but it’s because I have been stung on many occasions in the past with what I believed at the time to be sound investments.
But the work goes on
https://www.linkedin.com/feed/update/activity:7165978456395079681
Thanks to all of you who post on this board to keep it going even as there continues to be no news on anything from the company. I do find it strange that none of us seem to have any idea about what is going on with the large blocks of shares being moved daily. (like the 500,000 traded this morning) These types of trades have been going on for a long time with tens of millions of shares being moved in large blocks at bargain basement prices. Until we know what is going on with that seemingly major reallocation I feel it is difficult to know what the future holds here
Seriously comparing BOIL and MKA ...
Even with a raise we only have 253,453,574 shares in circulation, whats BOILS currently at ?
MKA is not a 1 trick pony either. It also has allies in high places all with a keen interest in whats going on here, theres plenty of foundations been layed this past year or so, a MDA would be very much appreciated about now don't get me wrong but it's not like this is an inactive company waiting on JUST the MDA...
@NYsize, is this the same guy who was here for the "magnet stuff"?
Well someone sees fit to throw tens of thousands of Pounds at it.
Won't be long.
The company usually reply via Tavistock
'cath.drummond@tavistock.co.uk' 'mkango@tavistock.co.uk'
Curious, looking for an email address for company and can't find one. Contact forms on website are useless in most cases. Anyone got an address?
Only to have a pop at those who fit in the category I mentioned. Like you. Who I knew would not be able to resist coming on here to make another pithy comment.
Yeah, I decided that enough time had passed without MDA news, for me to relax my self-imposed silence here.
Of the two of us though, I am probably the only one who actually has a position here.
Anyway, I am sure you have some stocks to ramp, or genuine posters to try and silence elsewhere, so do not let me keep you any longer :) GLA genuine holders.
Speechless marks would be better but it goes to show no one can predict AIM plays from one day to the next ... However MKA does unlike many have assets of value (potentially huge)and that's where I start with my interest here...we all know this is a stressed SP and the reasons why and that yes keeping the lights on funding is soon required ,I do think this is a capable and connected BOD so over to them now
Hey crumbs, I agree completely. Just one thing though, you forgot the speech marks 😂
Agree. While it is not unreasonable to consider the prospect of a shareholder-friendly funding arrangement to be a credible scenario here, the ongoing radio silence and subsequent SP action (losing nearly 50% in three months), means that anyone adding at these prices right now is simply gambling that the above is going to happen, IMO.
Which is fine of course, but in this scenario, it is not investing, to my mind.
Like the rest of you, I also want this to happen; I have sufficient faith left in the BOD that I have not simply taken the loss here, but I have seen this play far too often, to keep on loading up either.
I ignored some of the abrasive posters who accused me of being some kind of Machiavellian de-ramper, looking to get in cheaper etc. Well, I was right. You can be long a share, without being a cult-like disciple to the bull case.
I do think we have something special, but we need the politics to go our way too.
Above all, we need an update on funding, PDQ. GLA.
LOL
THEPUMA
Posted in: PRD
Posts: 630
Price: 12.75
No Opinion
RE: 450,000 trade just popped up !17 Feb 2024 14:56
Sell SAR while you can, buy PRD is your best bet, Silverfoil!
All we need to know about this newbie 🙄
I guess that there will not be any death spiral financing here with the directors personal holdings . Personally I do need some clarity on the finances before I add my next tranche of MKA shares to my holdings. The valuation today is really enticing but I feel need to wait for some clarity on funding before committing further funds. Guess there are more investors in the same position and this will no doubt be feeding into the SP drifting lower and lower.
Why are you asking us, I thought you already knew? 😂
And it continues. Out of nowhere and now you can't stop posting.
Do your own research. There are multiple options. Mka have always ran a tight ship. Last major expense was DFS.
I am looking forward to the next update shortly.
What do you think is the most likely way for them to raise finance here?
Placing?
Death spiral CLN?
Or something else?
Completely hilarious. You see this time and time again.
At the end of the day there are many ways to raise finance. It was always going to happen as the company is not yet revenue genrrating. However with hypromag it is close.
In January a joint venture fully funded by cotec was announced in the US. Uk is already producing and Germany will be next. All of these will fuel strategic interest and grants from the UK and EU.
The MDA will come but it is the worst time for a financing of the mine anyway due to the low price of the commodity. There is no rush on this front.
The price of rare earths is set to rise and so will mkas clout as it does.
You should always invest what you are prepared to lose, but you won't lose all here.
The company does need to update the shareholders and will in due course.
If you don't like the story that is stronger than ever then move on.
When the muppets arrive and start trying to point out "the accounts", usually their short isn't pushing far enough