The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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This is all part of a huge corruption campaign to clean up the tendering systems ready for making new commitments to the West. In fact it should prove to make investors more comfortable knowing corruption due diligence is being taken seriously.
https://www.bbc.co.uk/news/world-africa-63754227
Hopefully, doesn't impact us
Let's not forget the 40% ownership of Hypromag who are flying in their own right
And rightfully so. We know the guys are out in Malawi rubbing shoulders with the elite, this flies on MDA and funding news.
Starting to cook on low volume. About time.
Let’s hope so. Fingers crossed.
https://www.share-talk.com/mkango-resources-ltd-aimmka-granted-fund-hypromag-project/
Newsflow all positive, mining agreement a formality and love the due diligence from both sides to get it right first time.
Multiple strings to the bow. Darling of 2023 this one in my view. X3 from here easily.
Morning.
Really fab news - the money/ball is starting to roll - hold for the 4x from here.
Excellent news, and great to see some faces back in Malawi.
Great news for Mkango. HyProMag really taking off. With possible further similar projects to be announced.
Hopefully this will see the share price rise.
Someone find the Malawian DA a frickin' pen, for God sake!
Should be moving blue as you say, the 'red' trades at 13.945 are buys. I topped up a little at that price yesterday.
Notice someone is hoovering up small volume sales after disproportionate drops. This is about to move blue.
Yes, that has always been a problem.
not much volume there, but at least you can put in an order and have it filled at the price you expect. unlike here where it seems like you have no idea what you will pay until the trade is settled
More bear action today, this share is pulling hard to recover on no news. Should be a strong performer if we can drill it home. Come on Malawi, saddle up with Mkango and let’s get your economy firing.
Agreed, all of the right steps are in place and momentum is building.
Subtle buys here are there and chart looking bullish despite market turmoil
I think its all looking very positive. The extra time is quite comforting in that from the bits of info we have, it looks like this is being done properly. Imo when the Mda and licence drops (any day now) there will be a flow of news, there will be deals on the table that are on hold until then.
Songwe's potential to contribute 2% of Malawi's GDP is an interesting figure being bandied about atm. Underlines the scale and importance. And one comparison: 2% of GDP is what NATO countries aim to spend on defence. Huge sums.
You’d hope so. Lord only know what’s going on behind the scenes here. If Malawi are serious about being seen as a friendly, non-corrupt hub, who are open to doing business with global partners then this is a golden opportunity for them to send a message. Are they really different from other African nations or are they progressive and ready to engage. One thing for sure, with the amount of value in the ground at songwe, there must be some d£&k swinging going on behind the scenes. A deal like this has the power to send a message to the world saying one of two things; either we’re serious, or we’re just the same as the rest of them. Test of Mkango’s “metal” here. Can they get this over the line?
https://twitter.com/Mattitus/status/1592173798891343874?t=R4zUEsIY8BvC-SKNgi_t5g&s=19
https://twitter.com/featherby_dr/status/1591729750212583428?s=46&t=h45pNpPSNcnR9let_NYHiA
That's put the mockers on that then :)