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At the rate we are going we might just break 10p by the end of the week. There's something very odd going on here with these sell trades. Who could possibly be in profit selling at 12.50p now.
Im being bombarded with texts and emails from family and friends who I advised to pile into Mkango. Week after week, month after month we don't get any further news on the funding proposals to get the plant up and running. How long does it take to negotiate an MDA first ?
If as Munch alludes, we get taken out by a larger mining conglomerate, at what price will the current board accede. With some finance already agreed by two parties at both 24p and 27p there has to be some confidence that we who are currently drowning will get to see the sunlit uplands.
Meantime my hair shirt is getting a daily wash !!!
LOL you can't be down more than 100% ... it's mathematically impossible
this is not a normal retracement. we have been taken out behind the garden shed and been given a sound thrashing
Think we will get a leak as usual and a 10-15% rise before the rns. I’m still hopeful we break 16p this week. The good thing is I suppose we won’t have long to wait either way. They need to issue rns. Let’s hope the MDA gets sorted around the same time. Then it will will be 20s for sure.
Sideways for September I think mate but stay with it IMO.
I’m expecting an rns tomorrow to clear up the funding issue.
Also I’m hoping for a 10-15% move up away from current levels towards the 16-17p area.
Interesting week ahead to say the least !
Professor Allan Walton @unibirmingham and Will Dawes, CEO @MkangoResources had the pleasure of being interviewed by @DrDavidGK from @bbcmtd at @bhamenergy #RareEarth magnet recycling facility - the first of its kind in the UK ???? #HyProMag #MKA https://twitter.com/Share_Talk/status/1566025553488011264?s=20
And I hear Myles’s wife just had a baby so he’s off radar for a while. Not even tweeting on Avacta.
The only people we need to focus on here is the BOD. Like I said we are in their hands. Are they on our side or lining their own pockets????
Interesting interview. Talks a bit about Mka and Atm..
https://audioboom.com/posts/8150621-john-meyer-metals-prices-have-softened-but-it-provides-opportunities
Good publicity
Hoping for a better week next week. I'm getting fed up being hammered left right and centre
Will Dawes just been on TV. Short clip on magnet recycling being led from Birmingham!
MKA is in Myles long term holdings (like he stated on twitter) and is still his second largest holding.
Just quickly. He’s not too much of an expert as he’s taking. Pounding on a number of his investments. Kind of glad he’s out. He’s been like a curse on most of his recent investments. 4d pharma. Avacta. Mka. Just to name a few.
Agree with u super. Just checked his latest holdings and surprisingly he’s not listed Mka.
So actually he could have been the main seller since July and throughout august so that’s all cleared up the seller issues. Mka was his 2nd largest holding so he must have held a few.
Surprised how he decided to sell after positing a 12 page tweet about the positives yet read again now makes you want to run and buy Mka shares. Strange that. !!! Oh well. Let’s see what next week brings.
All this talk about placement feats yet Mka always manage to raise above the going price and I can’t see why they can’t raise now at 15p or more.
Myles is an expert investor. Most of his holding was sub 10p although I know he bought in at the last placement I suspect he has offloaded in full and is ready to invest again at the next placement. Let's see if my suspicions are right.
Looks nailed on here.
I was expecting a funding rns today or Monday the latest if management act fast but the delay looks like they could be finalising a takeover.
Even the Talaxis situation although first effect us as some think could benefit them also and I think they would support a decent offer from current levels.
Malbright how are u mate? Holding strong ? We’re all in the same boat. Just hang on fella. We will get to the other side and it will be very quick from here. Can expect some major news from Mka very shortly.
Ps. Any reason why u guys think Myles had gone awol with regards to Mka. Normally he’s quick to comment on the rns releases but seems to have gone awfully quiet.
He had a decent position around the mid 20s and was stopped out from his 31p purchase as he mentioned was a losing trade.
I seem to recall that under the terms of the deal that gave them c.33% Talaxis/Noble are unable to sell the shares that were given to them until October
Be interesting to see if they have been reducing to pay the fine. Are they holding the board to ransom via funding to get a placing to replace shares sold ?
Is what’s required in my opinion. Don’t really care how long the MDA takes as it will
Eventually happen but for short term we need general funding sorted. Can see it done either tomorrow or Monday. Just my opinion. Come on mka.
Ps. I’m with Lewis here, bod have actually been decent and done shrewd deals but now is the time they need to deliver !!!
I'm not an expert,it was just my opinion on your post. Im a long term shareholder and I believe that Mka will come good but patience is required.
Happy to see the buys today. Hopefully it continues.
All the best to all shareholders
Glad the experts cleared that up
C'est la AIM
NT to buy
Funny how it dropped 6% on FOUR sells yesterday!
AIM market is shockingly corrupt, greed will kill off investor interest..
Found this today,a very interesting read., “ While China maintains its command, this position is now being challenged. The market dynamics change from time to time and without a diversified supply chain, China cannot control the global market. “..
https://www.orfonline.org/expert-speak/chinas-scramble-for-africas-rare-earth-elements/
"Buys" only. Offer (@p14.50) lifted in nice quantities.
Remarkable against a dark red general background.
Thanks bonker99