Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Good for you I guess?
No buyers. Continuous drip selling. Can see this going 21p again.
Absolute shambles how the market has handled this stock. 40p is a million miles away. All these new Tr1 investors don’t mean jack. People are forgetting that the current war has made us take our eye off the market ……these markets are due some serious correction and unfortunately I hate to admit it but Mka will get caught up in the sell off like every other stock.
It’s why I was badgering on asking where the rns were.
I’ve now decided to change tactic …..buy a load more at 20p and exit a lot earlier rather than waiting for the 40s-50s n more.
Everyone has their own investment timelines ….that’s one thing but the market conditions are another. I do believe this crash will be of epic proportions and to be fair Mka is a solid company and they have tried very hard to push out news and tweet things. Unfortunately only a takeover will help people realise those fantasies of £1 or even 80p.
It’s funny how I wanted to the price to go up and it went down. I can now honestly say I want 20p because that top up will help me get out quicker. One should never fall in love with a share or take tips from people without doing some DD themselves.
I’m still here …..still long but just not strong anymore. Making simple 20-30% gains in crypto and to think 30% move up here would require the world to know about our rns lol.
Hanging on here …..only just. !!!
Sounds like you missed two years ! The latest business case is showing a NPV of US$2.4Billion using a highly conservative NdPr price of US$125,000/t and discounting any revenue from the 8,000t of by-product.
Well the valuation here will be driven by the PFS/DFS NPV and prevailing market prices for the stuff they're selling - as valuations are calculated everywhere else.
Maybe I missed a memo (possible) but the PFS NPV is more like $250m, yes?
You might want to start to re-evaluate the Pensana SP bonkers; All indications are that they will shortly be announcing finance secured, offtake secured, construction commenced. What will be your evaluation then ?
Just topped up at 24.4 for £8k
Will show up on delayed buys later.
As to why this is so quiet with BFS around the corner ...
23731 AND 81292 (delayed) were my buys. I now have 1 million + and will be slepimg easy tonight. Have farted around with BCN and EMH and KOD - but long term this is the absolute no brainer. Sod the others.
Difficult to ascertain what are sells and and buys but my gut feel is that buys are outstripping sells today. No movement either way though
So @ malik-, how do you arrive at an NPV of $1.7b here?
FWIW - I've just run the numbers for Pensana and at 60p it's right on the money/bottom assuming they're at PFS stage and the basket price numbers used for that NPV are in-line with current market prices.
What's the MKA NPV you are referring to, is it DFSed/fully funded and 100% attributable to MKA?
But I just feels like no matter what is given in an rns and we have had 3 in quick succession that this sp is depressed and suppressed.
I mean BFS rns will pump us 15% ?? We still 27p at that rate. Honestly I really hope this is not a slow grind. I know it won’t happen overnight but to think so much positivity is being said and done without reflecting in the sp is worrying for me. Still have my powder dry for 100k shares to add …..at this rate I think there’s more of a chance the sp hitting my top up target of 21p than heating to the 30s.
To think that GKN are remodelling one of their engines to be out of the recycled magnets should have sent this stock soaring in that news alone but was brushed under the carpet. Yes it’s a long process but the thought of that being successful is a game changer …..oh wait, heard that too many times here already :))) on that note I will leave it there.
#MKA @MkangoResources $MKA
Pensana just released revised eco estimates for its mining + separation project.
Readacross positive for MKA.
Numbers point to NPV for MKA’s integrated project of USD1.7bn, when I adjust for differential in pdction and spot NDPR p.
MKA CHEAP at 4% NPV!
Good find. To be honest I’m getting tired of being naked checked with the “next door tag “. We need our own results. We need our own rutile. It’s getting boring talking about other’s assets and off takes when all along we haven’t done anything about ours.
Let’s hope we stop looking at others progress and start moving forward ourselves.
Really surprised at yesterdays sp action. Seller still seems to be about. Let’s hope we can push on today.
Really interesting article on Sovereign's Kasiya license huge rutile deposit, nextdoor to MKA's own rutile deposit. Mkango gets a name check too. Very much worth a read.
https://www.thisismoney.co.uk/money/investing/article-10611667/SMALL-CAP-MOVERS-Sovereign-Metals-worlds-largest-rutile-deposit.html
https://twitter.com/Share_Talk/status/1503344841811443719
@MkangoResources
Company Update #RareEarths set for rare returns as demand grows #MKA fully integrated sustainable #rareearths powerhouse with key #EU???? locations. Mine ??Refine ??Recycle
Morning - getting interesting again - some Rare Earths buzz on FinTwit today too.
Cheers Lewis. Looks like I absolutely nailed this one.
THIS IS MAJOR NEWS. Excellent project with new fresh ideas and conglomerates like GKN and Jaguar Land Rover on board.
Listen. This company is on everyone’s radar ….everyone would love to buy it but can’t because the USA are first movers. Expect another big jump today as we test 30p. I’m expecting more news this week. Come on mka. That’s more like it.
MKANGO AND HYPROMAG TO COLLABORATE IN MAJOR NEW GRANT-FUNDED PROJECT TO RECYCLE RARE EARTH MAGNETS FROM ELECTRONIC WASTE, ELECTRIC MOTORS AND WIND TURBINES FOR THE UK SUPPLY CHAIN
Highlights
-- Mkango Rare Earths UK Ltd ("Mkango UK") is pleased to announce it will collaborate with HyProMag, Bowers & Wilkins ("B&W Group"), European Metal Recycling ("EMR"), GKN Automotive Innovation Centre ("GKN Automotive"), Jaguar Land Rover and University of Birmingham ("UoB") in the Driving the Electric Revolution challenge at UK Research and Innovation grant funded project, "Secure Critical Rare Earth Magnets for UK" ("SCREAM" or the "Project")
-- SCREAM will establish a recycled source of rare earth magnets in the UK to provide greater security of supply to UK industry, whilst aiming to achieve a 10% reduction in cost and a significant reduction in environmental impact, with an estimated 88% less energy for short loop (i.e. magnet to magnet) recycled magnets versus primary mining to separation to metal alloy to magnet production
-- The Project includes pilot plants for short loop recycling, encompassing scrap pre-processing, HPMS (Hydrogen Processing of Magnet Scrap) and production of recycled sintered magnets, as well as for complementary recycling routes, namely remelting and strip casting to produce neodymium, iron, and boron ("NdFeB") alloys as well as chemical processing
-- Mkango UK's role in the Project is to establish a pilot p lant in the UK to chemically process recycled HPMS NdFeB powder and magnet swarf (i.e. the powder produced from grinding and finishing magnets) from a range of scrap sources including electronic waste, electric motors and wind turbines, complementing the short loop magnet recycling route s being developed in parallel
-- HyProMag will work with UoB to develop a new semi continuous version of the HPMS process and to produce short loop recycled sintered magnets at multiple grades to match the requirements for a range of applications
London / Vancouver: March 14 , 2022 - Mkango Resources Ltd. (AIM/TSX-V: MKA) (the "Company" or "Mkango") is pleased to announce that its 100% owned subsidiary, Mkango UK, is collaborating with B&W Group, EMR, GKN Automotive, HyProMag, Jaguar Land Rover and UoB in a GBP3.4 million magnet recycling project, SCREAM, of which GBP2.4 million or 71% will be funded by Driving the Electric Revolution, an Industrial Strategy Challenge Fund challenge delivered by UK Research and Innovation (UKRI).
The budget for Mkango UK's chemical processing pilot plant programme, to be developed as part of the Project, is GBP1.1 million, of which GBP0.8 million or 70% will be funded by UKRI. Mkango UK was established by Mkango to evaluate and develop complementary opportunities in rare earth recycling and green technology in the UK.
Mkango also holds a 42% interest in SCREAM project partner, HyProMag, together with certain offtake and supply rights.
Good shout, news landed. Massive endorsement 30p again
The total amount will be given to MKA in return for equity of songwe. The entire funding will be done through the US government and a percentage allocated to uk. This will be the break neck rns we will need to see us ride off in to the moon.
Before then is BFS, JV Thambani, Rutile, Hypromag, Offtakes, Funding, and many more to come. Hold on folks. I can see the dizzy heights actually being reached.
Mka have tweeted on Saturday and now on Sunday which suggests to me there’s an rns coming regarding Hypromag. Let’s hope we get one early mon / tues so we can reach the promise land of the 30s. :)))
I am, the games the mms play with this are a disgrace.