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Like many I am sure, every morning at 7 I check to see if any news!
It got me thinking about when/how the news of the MDA will be announced. Of course the first we should know would be via an RNS but how likely is that and I can't imagine it will be a 7am one?! I am guessing the Malawian government would be very 'leaky' and want all the fanfare themselves.
Anyone got their own thoughts??
I've seen periodic attempts by shareholders groups to push for a simple system that reports trades in real time tagged buy or sell. The powers that be in the City tend to resist, claiming people asking for such a change "don't understand the system".
Interesting. Thanks Bonker
They can do anything they like - it's common practice to delay the reporting of a trade for an hour, or even a day or longer, to try and give PIs the wrong impression.
Indeed. Is it possible to "spoof" a trade?
Looks a bit dodge tbf.
Nice 30k buy there
Tbh, J. Traeger and CoTec cannot wait to get the ball rolling, they've been eager beavers for a while now. They obviously see Hypromag as a game changer. They're playing the game as per instructions from Mkango to wait for the MDA due imminently now, so the RNS's can freely flow!
Yeah... all SUPER! :)
He also mentioned a possible partner too
Julian Treger (Cotec CEO) once again very bullish about Maginito in their webinar update on Friday. Some of his words below:
- Already starting to generate revenues in the UK
- Very promising discussions with members of the US government recently
- Over the next couple of months we expect to progress the initial contacts we had with potential e-waste partners [highlights potential newsflow next year]
- All signs are that the US government are very keen on this
- There are lots of other industry players, OEMs, which are intrigued with the idea that we can bypass the Chinese restrictions and recycle the waste we already have within our economies to create new magnets
- Very confident and very excited about the way in which this business is going to develop in the next 12 months and the enormous value which we think we'll be able to create for Cotec shareholders through this investment
- Ultimately we think Maginito alone will result in a value many multiples of the current market cap of Cotec
- The US joint venture has the potential to be worth several hundred million dollars
For reference, the Cotec market cap is £23m. Cotec own 20.6% of Maginito and effectively 60% of the US joint venture.
His words say a lot about the undervaluation of MKA (£28m market cap) right now.
All eyes on the mine at the moment, while the real beast is lurking in the background!
Sorry if this has already been posted
https://youtu.be/335635FjLmY?si=OYntUJM5FULAQ1Lp
MKA Canada + 21% Today
Many thanks rigga: much appreciated by those of us in the Mushroom Club on AIM who are told to DYOR but for whom MKA is a "hunch" based upon snippets of info and a readiness to take a punt. ATB
I too would appreciate the telegram link.
Thank you
Makes sense why we've been rising so much!
Still chronically undervalued - but moving in the right direction
Cheers misty, I was about to follow up my earlier message with the same request (as I too do not have a premium account) - the access links to Telegram groups expire normally after 24hrs!
Hi. I would appreciate access to the Telegram group. Previously stated link says it’s expired. Can’t send a pm as suggested because I don’t have a premium account here. TIA
People out there chasing the proverbial rainbows and have little patience to see what's under their own noses then start kicking themselves when they miss the early boat! Quality stock, sitting right here with great proven assets with a market cap at least a 10th of what it should be!...And what it will be!
Morning.
That's the weekly MA50 smashed at low 11s then - sit on your hands IMO - you know why people are diving in now and you've already go what they want - make them pay.
Indeed, this is way undervalued and does not reflect underlying value within business. Those who have patience will be nicely rewarded and plenty will be buying back at much higher imv
This will🚀🚀🚀🚀 when MDA is signed until then a nice steady increase (imho)