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There you have my 100k buy finally printed as sell. Are you happy LewisWinthorpe?
Hi Lewis, I trade some of my MKA shares - and thankfully so as if I hadn't would have not made much money from MKA in the time I have been invested, instead of decent profits. I have had a core holding since the middle of last year. My interest is the share price growing. The same as yours. No need for the snark.
People only care re the seller if they are short term traders and in isolation it hasn't knocked the sp much at all. We are in the market doldrums.
The fundamentals of this are solid and strengthening weekly. The value will be recognised.
The seller could be russian. Question is will we see an RNS. Probably not. Enough said.
sanchez, its one of the reasons for the large spread, some dimwit is selling in to any rise hence the sp being at these levels.
amazing to see this looney not caring about the most important news coming thick n fast but is hell bent on selling hard n fast.
happy if it closes 25p bid -26.5p ask thats the besr we can ask for at this moment
At it again... I've tweeted to suggest MKA get one of their TR1 holders to arrange a transfer from whoever is perpetually selling 50k lumps into every rise. It's mind-numbing how the SP cannot hold even the most modest of progress.
https://twitter.com/Sanch3z599/status/1502276777745473544?s=20&t=oZ9EOlPHByRVNBQqSOoaXg
ERMA emphasise MKA's holistic (mine refine recycle) strategy, ie they like the whole more than the parts, so I agree this perhaps militates against outright sale of Songwe being on the cards.
Imagine the trading if they ran the book at a 2% spread and didn't try to make their fortune off every transaction. Tongue in cheek, but it really is such poor market making for investors.
It would help if there wasn't an advertised spread of nearly 10% and a real spread of what is currently 26.099 / 24.6. it's actually the thing I dislike most about this share. The market makers make it look so unappealing. They are like the sales prevention service.
Good stuff. Decent news flow over the next week or two. Good news today too. 50p sooner rather than later. GLA
: ERMA to support #MKA in securing financing for its separation plant in Poland. "ERMA is managed by EIT RawMaterials, a Knowledge and Innovation Community of the European Institute of Innovation and Technology, a body of European Union."
Monday's RNS, concerning the successful completion of hydrometallurgical testing, was evidently a key milestone to accelerate financing discussions. Whilst acknowledging I sound like a parrot(!): a secure supply of rare earth elements is absolutely vital for nations now,especially in light of Ukraine/Russia, and what could quickly lead to de-globalization. Not only are REEs key ingredients in electric vehicles, but also in wind turbines. The energy crisis jolted by the war will very likely accelerate the snowballing of these technologies.
And then there's the second vital aspect of REEs: the use of REE permanent magnets in numerous military applications. It is this aspect - REEs being a matter of National Security - that sets the group of metals apart from the other 'green metals'
#MKA is one of the cheapest pure-play REE companies on the public markets, on an absolute basis. On a relative basis, I'd argue it's by far the cheapest. It now has an EU body signed up to secure financing for its separation plant; and Malawi's government is broadcasting......the national significance of the Songwe Hill project. The combined NPV of the integrated mine and separation plant projects is - at current spots and by my estimates - over $1.5bn. #MKA's mkt cap: £53m. I'd also suggest it deserves a premium valuation rating over....pre-producers of other types of green metals. I believe War has caused #MKA's recent suppressed valuation (esp. with it being on Poland's doorstep). Counterargument: current geopolitics only increases the inherent value and importance of the planned separation plant.
https://twitter.com/MylesMcNulty/status/1502186478465597444
Should be in the next two weeks.
Munchbox, not answering for Poly but Freetrade offer MKA with no dealing charges just the £9.99 monthly fee on their Freetrade Plus. Maybe he used something like that?
Yes, we shall be back to 30p levels next week - Monday will be good. It will let news circulate over the weekend. More positive news will make this crazy. New uptrend to 50s just began. GLA
Polinvest. Where are the dealing charges ? Lol
Expecting huge news next week about thambani and rutile.
30p beckons next week.
Execution Date 10/03/2022
Execution Time 09:33
Value £24,199.90
Price (settlement price): 24.19999p
What price did you pay? I will look out for it.
Guys, first we had, (and still do), have American involvement and now we have an EU statement, (ERMA), specifically mentioning MKango. This has now become more global involvement rather than just Countries. We've basically setups a complete head to tail production facility of a world class, GREATLY needed resource, who's importance has been much further heightened during this oil crisis!
IMO, it's a massive move on a global scale..
By some reason 100k trades are printed with 2 day delays. I must admit I hit the jackpot here. That news today is great news - The European Union is a large cash cow that will spend a lot of money on security and its innovators that REM-hungry startups.
Not sure how this is solely pushing the Hypromag vehicle as the plant will process the product from Malawi.
I've never been a believer in the 'for sale' narrative as it seems solely based on twitter tags. Sure, we might partner with someone with deep pockets for a %, but the whole mine, refine, recycle goal is one company. Just my view - I'm sure there are plenty of others.
Hmmmm
Diversifying The Rare Earth Value Chain For Europe’s Green Transition – Erma Supports Mkango In Development Of Pulawy Separation Plant In Poland
March 11, 2022
London / Vancouver: 11 March, 2022 - Mkango Resources Ltd. (AIM/TSX-V: MKA) (the "Company" or "Mkango") is pleased to note the press release by the European Raw Materials Alliance (ERMA), reproduced below, and looks forward to working with ERMA as we move the Pulawy separation plant towards development:
Securing critical raw materials for the European market is the main goal of the European Raw Materials Alliance (ERMA). The current issues with Europe’s dependency on oil and gas clearly show the importance of diversification of value chains across all strategic industries for the production of green energy.
ERMA is pleased to announce that it will support Mkango Resources Ltd. (AIM/TSX-V: MKA) with securing financing for the development of a rare earth separation plant to be located in Pulawy, Poland. This plant will be supplied with rare earth carbonate originating from Mkango’s Songwe Hill primary deposit of rare earth elements in Malawi, Africa. The plant will also be able to process other materials supplied by third-party providers thus acting as a future European Hub for rare earth elements separation.
The Pulawy project will aid the creation of a secure supply chain option for neodymium, praseodymium, dysprosium, and terbium for the European Union. All these rare earth elements are critical in the production of electric vehicles, wind turbines and other clean energy applications that are key to Europe’s Green Agenda.
Dr Massimo Gasparon, ERMA Director, commented: “It is the primary role of ERMA to secure raw materials and raw material supply chains for Europe to support industrial ecosystems and create jobs within the European Union. We cannot do this alone which is why diversifying is so key – this is a multi-national project where we have a Canadian partner, Mkango Resources, accessing critical raw materials in Malawi, Africa, processing them in a plant in Poland, all for the benefit of the European economy. The Pulawy project is one of the first ERMA projects to get the greenlight to provide critical raw materials needed to fulfill European goals in the green transition while diversifying the supply chain in the long term.”
William Dawes, CEO of Mkango Resources, commented: “We look forward to supporting our partners in Europe with creating a more diverse raw materials value chain. ERMA’s support has been and continues to be important for us, and we are happy to be part of its vast network of leading companies in the raw materials sector. ERMA’s underlying principles are a great fit with the Mkango’s vision and philosophy for the Pulawy separation plant and Songwe Hill deposit in Malawi.”
ERMA fully supports Mkango’s corporate strategy to develop new sustainable primary and secondary sources. Their integrated ‘mine, refine, recycle’ strategy differentiates
LewisWinthorpe still not printed.
Looks like they are pushing the Hypromag vehicle. Looks like the rest will be sold. Expecting 10% minimum today. And plenty more rns releases next week.