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Ffs. Cristalball if you and your girlfriend larus can’t post on here without trying to get attention from me then don’t bother. After all you were very quiet when your 5p purchase was only up 300% only last week :)) oh …. And u sold at peak 38p. You sure do have a cristalball haaaaaaa.
We looking ripe here. About time after all the suffering. Looking forward to 25p today and hopefully a nice rns tomorrow taking us to a peak of 28p for the day. Happy days :)))))
Baggy. Spot on. He wouldn’t touch a company anywhere near African jurisdictions, also I think
He is likely to buy a Lithium company that’s already producing huge amounts that has alot of rare earth by products.
The SP hasn’t doubled yet this morning - is Munchbox OK? Can someone please confirm he is still alive please, thanks . ;-)
Elon probably will buy a mining company (or two) but not in Africa IMO. He will go for a safer jurisdiction such as Australia, US, or Europe (not bordering Russia). I would LOVE to be wrong though!
https://www.mining.com/web/elon-musk-says-tesla-open-to-buying-a-mining-company/
Agree Tufftrader. Infact if you look at the last 6-7 months MKA have released the rns news in clusters together.
I can see a nice surprise coming out before the big ones and hope it’s the rutile deposit.
Don’t forget we were in talks about possible jv regarding thambani 4 months ago so that’s not far off either. What happened to that Myles find regarding presana rns and 88% ??? Lots in the pipeline I reckon.
https://twitter.com/mylesmcnulty/status/1529508329369833473?s=21&t=b1rY1iMMBolH63CUJACCYQ
£30k buy after hours. Shaping up for an interesting day tomorrow. I still believe we’ll have some kind of news within a week or two.
Looking good for a big upturn. News cannot be far off considerinh last update was over six weeks ago. 7 April
Munch isn't wrong with the 23p shout but assuming this closes over 22p today/this week it's leaving behind it all sorts of probable support above 20p so best sit on your hands eh - you never know what tomorrow/next week will bring.
larus. its between me and lewis...3s a crowd as you woiuldnt know so do 1 buddy.
really good volume and most certainly going higher, looking at the charts we need to break 23p resistance and then theres a small wall at 28p followed by the big one at 32p.
rutile results would be a nice suprise along with sort of offtake agreement.
lets hope we crack that 23p or i wont be very happy.
So am I supposed to be selling up and running for the hills now or buying more at these unbelievable prices? Waiting for the latest analysis from our bipolar friend.
im still here and under water!
Not worried about my investment here! We should be getting some news very soon.
Our CEO is a busy guy and he doesnt stay quite this long for no reason!
LG MKA!
Tufftrader
The latest position seems to be from the supporting docs for the 28th April RNS.
"Mkango ... is currently working on a definitive feasibility study (the “Feasibility Study”) which is expected to conclude during the second quarter of 2022."
"The MDA confirms the fiscal and legal terms for project development upon completion of which, the results of
the feasibility study and valuation metrics will be announced."
"Negotiations for the Mining Development Agreement (“MDA”) with the Government of Malawi are also well
advanced... both Mkango and the Government of Malawi are prioritising its successful completion."
So we should be expecting a DFS rather than a BFS. It will be completed by the end of June.
The DFS will be announced once the MDA is completed which isn't entirely in MKA's control but does seem to be a priority for the government.
The MDA confirms the fiscal and legal terms for project development, and is expected to take up to three months from today to finalise, upon which the results of the feasibility study and valuation metrics will be announced - dated 7th March.
In fairness, their March RNS appears to confirm that the work will all be completed by June 7th. It doesn’t commit them to releasing the BFS but it does indicate imminent release of positive news flow soon
If I remember correctly, the last indication for the BFS was "sometime Q2".
So five (not one) more weeks to.
Anyway, nice to see some positive action here.
There are mood swings, then there is you.
I can tell you are happy again today. Hope it reaches your exist point ASAP. For all of our sakes
I suspect the Russian has gone but as expected no TR1. A silent disappearance.
This rise is long overdue.
This looks decisive - I did manage a few more this morning myself as it happens so fingers-crossed.
haaaa. Lewis you ramper. i want 23p today or im not going to be happy.
i guess your allowed mood swings aint ya? or in Lewis world its a straight jacket only members :)))
We are blue, brace yourself for munchbox full mood swing back to trading ramp.
Uptick in buy action this AM. One week left on MkA’s own timeline for BFS. To be expected really. Positive news expected and I expect friends and family now buying in. This has been a desperate quarter for those in the exploration sector. Sit tight. Be thankful for the peace we know and live under here in the UK. First and foremost I am hoping for an end to Putin’s dictatorial reign, justice for Ukrainians and common sense to prevail. And after all that I’d love for our little company to start being a major part of the supply chain for RE’s, usurping China’s dominance and bring prosperity to both shareholders and Malawians. Let the seconds tic away. Q2 is our moment…
Ffs. Not you again Lewis. Lmaooooo. I think we should definitely go for a pint. Would be great fun.
Sell at 35p?
It was 38p not too long back, the current situation now is do we A. fund the mine ourselves with debt/equity/financing etc. or do we sell the project for many multiples of the current SP and then move to realise the value in the remaining assets like HyProMag etc.
You do moan all the time, the timetable was set months ago but you can't just wait. Up and down like a yoyo your mood.
You are also naive and a trader if you never had a 2-3 year or more investment plan here. If you are looking for quick bucks, you are at the wrong point of the lassonde curve with mka, that was at 5p. This will be slow and steady until funded.
Its an investment