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It's an awful lorra vol for us - RNS en route?
Looking a bit healthier
A good Santa rally in the stock market this year would help the sp nicely too, ho ho ho 🎅
:D
9.70/10.30
atm.
You'd be bonkers not to be buying..a complete REE EU CRMA solution in one small cap company
Nice vol - I did pin this to my twitter profile the other day - might have helped :)
Market maker.
Interesting. Who is PEEL and how do you know this?
PEEL have been feeding shares into the market for the last few weeks, suppressing any rise.
They have now flipped and are on the BID, should allow the SP to move up now.
GLA
We should also have news on the commissioning of the new Hypromag Recycling Plant in Tyseley Energy Park in 4 or 5 weeks (I'm guessing news before Christmas). Shaping up for a very merry Christmas indeed
Discussing a seller will soon be history. Get that license over the line and we’ll be discussing which country or continent will be helping Mkango and Malawi finance the build. Have no doubt, there will be no shortage of offers.
Chunky trades to close the day
Globe got theirs in March under the same regime as existed in Jan. Due respect to Malawi, but the politicians' promises are better seen as good intentions imo. Monica's very different, in a good way, so I have high hopes this'll complete soon.
Let's not forget too that the guy at the top at the time visited the site and was surprised that mka were serious. He was meant to know. I have more faith in the new lady. She seems atreets ahead. Also the AG due dilliegence took longer as mentioned due to ministry of mining changes.
Feels closer than a year ago based on recent interviews.
Fingers crossed, just be aware we've been here several times before, including with specific dates from the minister of mining.
https://www.nyasatimes.com/govt-to-complete-3-mining-agreements-by-jan-31/
"On why the MDA signing for Mkango has taken so long, Chang’anamuno explained that there were some issues that needed to be cleared, as the government wanted to make sure that they did not make any mistakes"
I note "Needed" indicating past tense.
And then, "There are a few things that are remaining but before the end of this year, the MDA will be signed"
"Will be signed" - previously it was all "hope to" and "aiming for"
And again just now, x2 50k buys and bam 100k sell
I'm getting more of a general feeling there's greater focus and intensity rather than breakthroughs (it's been "a few outstanding points" for a while now), but here's hoping you guys are right!
Yes, as said could be paranoia but good example today, 3 or 4 buys summing to around 50k shares and the bam 50k sell.
Could just be market, but that type of action needs a limit price perhaps.
Could be bot, but usually small amounts
Monica's promise/assurance of a Dec timeframe for the MDA is only an expression of intention imo. Malawi wouldn't concede the outstanding points just to achieve it, in other words.
She's astute charismatic and building up a head of steam though. It's coming. She clearly believes in it.
Yep lot of news flow to come. Markets are generally poor atm and full of 5 to 10% traders, but if everything comes to pass this should move nicely.
Well, all the ducks are finally lined up for a big finish to the year. If we dont re-rate in the next 3 months, we probably never will.
Mining License Songwe Hill
https://www.businessmalawi.com/mining-minister-engages-miner-on-prospects-the-times-group/
CRMA act almost passed (huge for recycling, and I mean HUGE)
https://www.consilium.europa.eu/en/press/press-releases/2023/11/13/council-and-parliament-strike-provisional-deal-to-reinforce-the-supply-of-critical-raw-materials/
SUSMAGPRO project completes this month
https://cordis.europa.eu/article/id/442156-gearing-up-for-high-performance-magnet-recycling-in-europe
update: raw material week starts tomorrow
https://single-market-economy.ec.europa.eu/events/raw-materials-week-2023-2023-11-13_en
16 November 2023
Sustainable raw materials value chains in the EU CRM Act
Analysis In Support of Strategic Value Chains - Co-organised with DG JRC
Developing permanent magnets value chain - Co-organised with SUSMAGPRO project, ERMA and REIA
Cotec rolling out three plants in the US in 2024
https://www.cotec.ca/investors/presentation/
All yours for £22m CAP!
Mksngo tweet
https://twitter.com/MkangoResources/status/1724383148388110731?t=60mVV0k_1ZYmGLwFbK6r1Q&s=19
Nothing is assured in Africa. All the right signs are there but you know what will happen if they don't deliver on this timeline now...