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Tufft. You forgot the MDA. That’s bigger than the bfs. Also there’s banks on site so it suggests funding is done. The MDA rns will get a min 15-20% rise on the sp. So either side of your honesty I see that 25p beckons this week …easily.
I’ve gotta be honest, I can see a situation where the BFS lands and we go up just 1p and then down half a pence by end of day. And I can also see us shooting up to 40p. I’ve seen great companies release news and go nowhere. It never seems to make sense. There’s scope for this company to get up to a pound if the BFS confirms a strong enough route to finance. The only certainty, thankfully, is that we’ll know a lot more this week. And we’ll have a much better view of this companies concrete future plans and profitability.
Good luck oily. U certainly deserve your 60p if you want that. Longer term this stock is a no brainer. 45p would be great by end of next week.
Good luck all! I think we are in for a handsome reward. My target is 60p for starters :D
Keeping a keen eye now. Encouraging to see this getting back towards sensible value before news and the buy pressure is clearly indicative. Fingers crossed this continues for all of us. I’d love to see late 20s before any news. Come on Mkango!!
good luck to you as well cristal. you have been a strong contibuter of solid information to this board. thanks. what I find amusing is that many of the more recent additions to the conversation here completely miss the mark in terms of the important milestones that have occurred and that are still pending. for me the key item I am looking for in the bfs is the final results of the flotation tests of the songeway "mud". the extraction rate or neodymium % may be a very pleasant surprise
Soooo glad it was not today. Nice little build up here. Sudden jump in volume / trades in the last hour. Looking good for tomorrow. Now let’s break that 22p ask by close.
To be fair we all deserve luck, some have more patience than others and some invest more but the end goal is the same, to profit from the success of the company.
I’m almost certain they have agreed funding also and will throw that in with the bfs first. Followed my MDA.
If they do the MDA / BFS / FUNDING all rolled in to 1 rns then don’t be surprised at a 50% rise.
After holding for 6 long years, and a steady (bumpy) road upwards - it mostly comes down to what happens this week. I am hoping for the MDA/FS/Funding trifecta. Fingers crossed and good luck to all holders, especially the handful of long term MKAers. You know who you are.
MKA has an immense asset, that is becoming more important as time moves forward. It's untapped with majority of the pre work done. The BFS will be able to give the company forward guidance. Plan to mine or to sell the asset to the highest entity/International bidder.
With U.S on a path to be a dominant holder of Rare Earth Assets over China, it makes sense that they're in talks with respective companies such as MKA, hence the hush. The fact that MKA have appointed a respectable CFO, and have been in talks with commercial development bankers re-affirms the fact they're serious and crossing their T's and dotting the i's.
I expect things to move at a faster pace now as the BFS lands, and after the Mining Ministers recent visit, I expect the MDA to follow very soon after!
Sieveco - Minister of Mining, Albert Mbawala also said “We thought they were doing a joke with Malawi”
Maybe if they had taken MKA seriously from the get go the SP wouldn’t be where it is. The tweet had a serious negative affect on the sp. Maybe Ministers and officials are “in” now
The fundamentals are all here to be a huge buy in the very near future and as a long term hold
Next week will surely be THE week. Exciting times and company moving in a very positive direction. Not much else to add that hasn’t been said below. Good luck all :)
Ehzik. Depends which soecsavers you went to my friend. Markets around the world tumbling. We are holding strong. Technically we should have been up atleast 5% today but mms are playing games and you can see from the UT trades they have been communicating all day. Personally very happy with yesterday’s perfecomskce and today’s strength but you always have a choice to either buy or sell. I want to hear what international banks are doing on our site and then the conversation will be totally different.
It depends on whether your investment period is five minutes or more. Yesterday's rns has seen the sell price go up 10% from y'day's low. That's before we have seen the feasibility study. This share is in the process of being derisked and I expect the SP to reflect that in due course. MKA is sitting on a globally-strategic resource for which tge market is expected to expand massively during this decade. It's just appointeda CFO who has taken a mine in Africa through development. The Malawi minister for mining visitee the site last week and stated he was impressed by what he saw. Not what I would xall being 'fooked'.
I think we are fooked. 1 post, (now 2) no interest in the stock after that excellent news. No press coverage, no real SP movement other than spread fiddling. Zip, nada, zilch. Whodathoughtit . Very disappointing
No ramp intended, but the clear communication between the MMs is showing us they are in panic mode not ready for the pressure thats coming their way, alot of trade values being pushed through below a nominal trade fee suggests they dont know how to handle whats about to drop.
i am still thinking we get 8% min move up by close and on a red day like today thats the equal to a 15% move. what timing of that rns...bravo.
theres no resistance until 23p so thats looking to be hit on monday, personally i would prefer a tuesday /wednesday rns so we get a few more days of anticipation built in and maybe...just maybe get a 20-30% rise on the day of the rns.
Veggy. Hope ur keeping well bud. Nervous few days to say the least. 26p last week to 18p bod today was not good. However I would luv to know who decided to release the rns during market hours and especially at the tone they did …. Dare I say it was absolutely perfection because today we hit a very low point even on Twitter with many questions raised and few answers.
The fact they have stated it in the rns will give many the chance to buy and see the value of their investment increase, who were the banks ? They actually went out to Malawi ? Wow zaa. Looking like the funding situation will get resolved soon and dare I say we could get the MDA much quicker that we were thinking this morning.
That blockbuster rns could see us reach for the stars and it’s fair to say …about time. Enjoy dinner folks and see you tomorrow as we gain a nice 8-10% tomorrow.
After 2 days of losses and now the sp recovering. Today's rns has restored confidence that we are heading in the right direction. Its certainly been a nervous couple of days. All the best to everyone invested. Its been a long time coming.
That’ll do. Immediate 8% recovery which I can see improving over the week they’ve just bought themselves. The market now has a short timeframe with which to expect high impact release, so buy pressure should increase. I’d love this to get back to 25p before the BFS hits. Then we’re off to the races over the next few months. It’s happening. Slowly.
well. it's getting there slowly. next few sessions should see some of the SP losses recover. Twitterati will hopefully get things going, this stock needs all the publicity it can get
...All in the same RNS as new CFO! Get ready for BFS, CFO in place.
Mega news. They have basically said …. Look we are a little late but we are ready. Banks ? International ? Uffff. I might be accused of pumping lol but I can see the sp unchanged by close and up tomorrow.
They must have waited on banking teams to arrive and as someone mentioned they could roll out a big rns all in one. Rest assured they are watching and waiting to give us a shock. Come on mka.
Nuts are starting to roll in. Same sellers will look to buy back. 100% certain this is 22-23p next week with anticipation.
"Mr Sewell joined Mkango's President, Alex Lemon, and CEO, Will Dawes, in Malawi this week as they met with major international development and commercial bank teams visiting the Songwe Hill Rare Earths Project ("Songwe Hill") in Malawi. The results of the feasibility study for Songwe Hill will be released by the Company next week."
Interesting!
Let’s go folks. 18.2p given and I will take that all day long.
Happy hunting. :))