Mkango Resources Share Chat (MKA)

🟩 benny 🐈......😿

Kat,

80p was an illusion so i do not take that number seriously in any way. Ignoring the spikes and troughs we are looking at an average around 45p which I am comfortable with now and see it as the price range until we get meaningful development on some of the key factors I metioned

£2.50 can be a reality but in the long term as key milestones are reached, for sure not a number I can see in 2026. Of course there are risks but all boils down to how one sees the reward/risk and the time horizon one has. My time horizon is not indefinite but for sure i am taking a 2-3 year view from here which makes the daily or monthly ups and downs irrelevant

All fair, velcro... my retort is 86p in october, 33p in april... 46p friday.

i'll be happy with 60p on anything that happens... even happier with more... but i'm very critical of anything over and above ramping, atm, for near term rises.

but if your timeline is... undetermined then i'm sure it works. just ask why the sp isn't higher if 240p is the target for eoy? are people averse to profits?

Good point eVTOL is another form of unmanned vehicle (air taxi) that could become main stream over the next years.

Kat, sometimes your lack of macro understanding amazes me. These demand scenarios are exactly what will bring resources (financial, human) to the rare earth space and also specifically MKA. This underpins the business case

You go on about the Hypromag production and other micro issues, which for me is missing the forest for the trees. The share price re-rate has many strings

1. MKAR Nasdaq listing

2. UK and Germany ramp up

3. USA investment decision and financing

4. Pulawy DFS and funding package for MKAR mine construction and processing plant

5. USA expansion decision to 3 hubs and Hypromag USA Nasdaq listing

6. Roll out into Asia

Yes we need to see production ramp up in UK/Germany but it is one of a multitude of factors

Received my invitation to vote today via IG.

Strange UT at 48p I see yesterday, EOD price was 46/47p.

Hmmm....

Which is exactly why LCM went for $200M for a shed ,zero T/O and a big fat loss. What it did have was 10 years of knowledge/connections and a foothold in Europe.

HyProMag Germany is probably worth the same just on its own 12 months out.

Not sure if anyone read the full 40 page data dump but half of it is about the BOD and their 30/40M option plan. Very clear that they all vest in the event of a takeover. Nothing odd about that other than its front and centre and more thought went into that part than explaining the timeline for the AI thicko's .

Once all the hard work is out of the way and we have a 'clean' asset listed on the Nasdaq the first offer will come in for MKA.

Either the SP goes up to a realistic value to reflect our 80% holding, HyProMag USA, HyProMag UK/Germany and HyProMag ROW or we get taken over.

I don't mind either way as long as the share price is £2.00+++

I read somewhere recently, securing rare earths is one thing but where China have the jump is in the expertise and practical processing of it

Https://thoriumenergyalliance.com/resource/chinas-rare-earth-subsidies-and-structural-advantages/

Once I read a study that was made for the us gov and other institutions, detailed all the factors that describes the situtation in the REE theme .

So simply allocating billions in a budget to this field wont solve all of a sudden the decade long lag compared to China.

Lack of schools, university faculties where experts can be taught and places where experience can be cumulated , staff may be trained.

By 2030 a few fresh student may fimish their studies ...

When we are talking about values in HyproMag and similars the knowledge, expertise and well trained staff is obviously one of them.

Pentagon’s ‘Deal Team Six’ aims to challenge China’s grip on rare earth power - MINING.COM https://share.google/LjiaU3ij7NQKty8pe

"The Pentagon team has said it’s got $200 billion in financing capacity over the next three years."

"The administration aims to be able to produce enough magnets to cover half the world’s demand by 2030."

There really ought to be an open mic night for all these fledgling comedians who think they have the gift of the litererary gab!

genius!

Can we all please complain and get @Monteacute banned for adding such sickening posts to this chat. If Mrs Gicks looks over my shoulder and reads such drivel I will be in so much trouble #PolesApart

Think I will still stick with Mrs M. She does all that but more and doesn't need a magnet to be attractive.

Also we can expect to see the I-bot, controlled through your phone

Bonker, yes I do see that robots will become part of every household. They will possibly start by doing the tedious chores like cleaning, ironing , taking out the rubbish. For sure I would want one of them!

We'll have as many robots as cars within a decade - maybe more than that ...

;)

Not a bad way to round off the week :)

China plays the markets... they don't 'gift' rees but they do make them cheap enough to try and disuade others to invest in their own production. a bit like drug dealers keeping the price low enough to keep the market all to themselves and making it uneconomial for anyone else to try a 'walter white' and make their own.

'course, won't work now there's a floor in the home produced stuff... as long as they start producing it!

Kowalski, China has spent the last decades creating a critical minerals advantage on its main economic and military competitors. This is not by chance but planned and with the foresight to see technological developments.

There is no chance that China will simply hand out the spoils of this for all others to share equally. China will first consider there needs and ensure they get both economic and military advantage while also keeping the rest of world supplied if their is capacity after China's requirements achieved. Also gives great strength that they have control over US and others and don't need to resort to other options

Very likely critical minerals will continue long term to have a higher price ex China as in effect price rationing will take place

The US and Europe are decades behind, now they realise they have to invest and create their own critical mineral supply chains and that simply outsourcing this and focusing at home on ESG, work life balance, inclusivity, regulation and so on will not drive prosperity, innovation and strength.

REE and all critical minerals are for me at the foothills of a massive peak in investment not only based on demand but years of neglect

Interesting that no comms on a deal re. Rare earths between China and US. Seems barely discussed and was ome of my fears short term. Bullish as ever

Biffa, and then we say China plays the markets. Everyone does where they can!

44/46 but a strong book behind the scenes.

IG will take 100K off you at 45.06.

If you want to buy its 46.5 for 100k and 47.5 for 200k

I now there are some chunky sells too but with £40-£50k buy trades this can't last much longer.

Some ambiguity and uncertainty as the reality is until the F-4 is deemed effective MKA wont know if they will get further comments from the SEC. One would hope that any sustantive issues have already been raised and addressed.

Maybe not but his Stateside boss sure does.

Duff. He doesn't own any shares

Kat, the risks you describe are real. However if it's making you nervous enough to comment on them on an almost daily basis, I'd suggest your position size is too large and you should reduce to something more appropriate.

Very good Drantley, I've enjoyed reading Charles' previous monkey based analogies, but that takes the banana. I definitely think it should be sent to Will and Alex, though they can probably get a pass on MKAR related news given the restrictions they will be under.

Feels like a relevant article....

https://open.substack.com/pub/thatstocksguy/p/monkey-need-oxygen?utm_source=share&utm_medium=android&r=5eqyvy

We would all like to know more info but, as Bonker posted on May 12

"Some would do well to take note of this post on BRES today:

"The company has been disciplined about disclosure — elements of these programmes involve government and commercial stakeholders with strict confidentiality requirements. To the eternal disappointment of the five minute shareholder, that’s what working with serious counterparties actually looks like."

and I agree with his post.

I'm sure Cohen will deliver as soon as they can.

A Nasdaq listing worth 70p+ to MKA shareholders is coming in a month's time!

Everything else for free.

Not sure the market actually understands that?!

Some decent buys going through the tape so the word is getting out.

Thanks for your replies, and yes, very true the detectives did good along with a chance to add before the herd arrives.

Thank you for your email. The data supplier had a physical hardware outage that they're still resolving. Hopefully we'll have the RNS releases added to the website as soon as possible.

Kind regards,

Claire 

London South East 

www.LSE.co.uk 

RNS Number : 4228E

Mkango Resources Limited

15 May 2026

https://mkango.ca/site/assets/files/5173/100364066_v_1_2026_05_14_-_circular.pdf

An opportunity to load before the herd I'd say.

It’s simply because LSE doesn’t require the same detail and granularity in reporting at SEDAR does .

Treat it as a bonus that a few smart heads on here did the digging over on SEDAR to reveal what it coming very soon with the Nasdaq listing 😎

So an RNS does appear as predicted, but the wording is nothing like what was posted last night. Underwhelming official RNS compared to last nights exciting post? Progress, but again this LSE is slow to announce the RNS announcement on real LSE at 07.01.

Https://www.investegate.co.uk/announcement/rns/mkango-resources--mka/annual-general-and-special-meeting-of-shareholders/9569812?t=1778825123

Waiver of TSX-V Oversight over Activities of MKAR

"The waiver of TSXV oversight over MKAR's future activities post the Proposed MKAR Transaction is being sought on the basis that on completion of the Proposed MKAR Transaction, MKAR is expected to be listed on Nasdaq and to become subject to ongoing regulation and oversight by both the U.S. Securities and Exchange Commission and Nasdaq. The Company believes that such regulation will be sufficient to protect the interests of the Company and its shareholders vis-à-vis its subsidiary MKAR and that additional regulation by the TSXV could result in delays that may adversely affect MKAR's operational flexibility. Additional information in respect of the Proposed MKAR Transaction and the approval being sought are included in the Circular, which Shareholders are encouraged to read before voting on the resolution in respect of the waiver."

Https://www.investegate.co.uk/announcement/rns/mkango-resources--mka/annual-general-and-special-meeting-of-shareholders/9569812

Progress is good but public filing is really the start of the process with SEC comment rounds. It gives a timetable though, as did Feb. Non-US arrangements as this take 6 to 9 months from filing. So August to November. Mka have sensibly put extension options in place to March 27 - IF needed.

The valuation 65p per share completely discounts the rest of MKA from MKAR as ZERO!

The PIPE financing interests me, quite modest, so suggests it more important to be on Nasdaq and in the room before looking at other finance options e.g. EXIM

Patience with this is needed and hopefully we move to the 65p floor as the holding pattern before people realise about Hypromag too and its US listing next year

Had a look at SEDAR myself and answered my own question. The meeting is happening as scheduled on 5th June. So assuming that CPTK are having a vote around the same date, the listing will likely happen between 10-15th June.

Well done everybody, patience is about to be rewarded.

Sorry been watching the golf so have just seen this on X and trying to catch up. So we don’t need to vote on the transaction itself, just the waiver. Does it say anywhere that the vote is definitely happening at the scheduled 5th June Annual General and Special Meeting?

I assume CPTK shareholders will also need to be sent the filing documents and takeover prospectus with 20 days notice before their vote. Has anyone found any notice of an equivalent CPTK meeting being called for 5th June?

From snkj and Biffa’s posts it looks like we are looking to raise $23m through the PIPE financing. Prior to the PIPE financing we held just over 85% share in MKAR based on our shares being valued at $400m and CPTK’s being valued at $70m. $23m for PIPE investors would be just under 5% of post PIPE financing market cap of $493m ($400m + $70m + $23m). That takes us to just over 80% for Mkango, then there is the convertible loan note that CPTK provided us to cover transaction costs which is probably worth under 1%. So we get to just over 79%. If there are further redemptions from CPTK shareholders this will increase our shareholding slightly as their would be less cash in the existing CPTK shell company, which is currently over $5m from memory.

All very exciting. I’m hoping this is all explained in an RNS later this morning. I did say we needed news this week to meet the 5th June deadline, but I wasn’t necessarily expecting it! Really hope this is game on. If so there will be plenty of celebrating to do tomorrow.

Btw, while watching the last few minutes before close I did note that there was 1 share bought a few minutes before close. Funny if this code was actually accurate for once…

Before the date of the Shareholder Meeting, MKAR expects to publicly file a registration statement on Form F-4 (the

“F-4”) with the U.S. Securities and Exchange Commission (the “SEC”). The F-4, if declared effective by the SEC,

will serve as a proxy statement in connection with the contemplated vote to approve the Transaction by CPTK’s

shareholders, as well as a prospectus in connection with the contemplated issuance of MKAR’s common shares and

warrants to CPTK’s shareholders and other stakeholders at the closing of the Transaction. In parallel, MKAR is

expected to apply for a listing of its common shares and warrants on Nasdaq, the approval of which, if granted, is

expected to occur immediately prior to the closing of the Transaction. The Nasdaq listing, if obtained, would facilitate

MKAR’s ability to raise additional capital from the U.S. public markets. The Corporation expects to file a copy of the

F-4 under its profile on www.sedarplus.ca shortly after the F-4 is publicly filed with the SEC. Shareholders are

encouraged to review the F-4, once filed, to learn more about the Transaction.

21

The F-4 is expected to include disclosure of certain contemplated aspects of MKAR and potential shareholding interest

of the Corporation in MKAR, in each case as of immediately after completion of the Transaction. Assuming funds

privately raised by CPTK and MKAR from third-party investors in connection with the Transaction amount to US$23

million, of which no guarantee can be made, the Corporation expects its shareholdings in MKAR to range from

approximately 79% to 80%, depending on the quantum of redemptions of CPTK’s public shares by existing CPTK

shareholders in connection with the Transaction.

F-4 to be published shortly and, i imagine, i get my German acquisition soon, too.

i'll sleep easier if there's 1 or 2 rns' tomorrow morning or monday, latest.

thank you for posting... made tonight harder to sleep but more enjoyable waking up.

Shhhh not now Kat. Instead read the filings and let me know what you think.

Looks like a new floor of 65p a share with 79.4% ownership. And that's before Hypromag USA, Germany, UK etc etc

I'll wait for the real analysts and finance experts to crunch the numbers.

Exciting times, hope people locked I their holdings today and haven't missed the bus....

Its happening folks! RNS tomorrow.

PART 1 OF 2

APPROVAL OF WAIVER OF TSXV REVIEW RELATING TO MKANGO RARE EARTHS LIMITED

General

As disclosed by the Corporation in its press releases dated July 3, 2025 and February 16, 2026, the Corporation’s wholly-owned subsidiary, Mkango Rare Earths Limited (“MKAR”), entered into a business combination agreement on July 2, 2025, as amended on February 13, 2026 (the “BCA”) with, amongst others, Crown Proptech Acquisitions (“CPTK”). Pursuant to the BCA, MKAR proposes to merge with CPTK to create a publicly traded, vertically

integrated global play rare earths platform, comprised of the Corporation’s Songwe Hill Rare Earths Project in Malawi and the proposed Pulawy Rare Earth Separation Plant in Poland. Upon closing of the transaction contemplated under the BCA (the “Transaction”), the common shares of MKAR are expected to trade on the Nasdaq Stock Market (“Nasdaq”). Shareholders are encouraged to review the BCA and its amendments, copies of which can be located on

the Corporation’s profile at www.sedarplus.ca.

Before the date of the Shareholder Meeting, MKAR expects to publicly file a registration statement on Form F-4 (the “F-4”) with the U.S. Securities and Exchange Commission (the “SEC”). The F-4, if declared effective by the SEC, will serve as a proxy statement in connection with the contemplated vote to approve the Transaction by CPTK’s shareholders, as well as a prospectus in connection with the contemplated issuance of MKAR’s common shares and

warrants to CPTK’s shareholders and other stakeholders at the closing of the Transaction. In parallel, MKAR is expected to apply for a listing of its common shares and warrants on Nasdaq, the approval of which, if granted, is expected to occur immediately prior to the closing of the Transaction. The Nasdaq listing, if obtained, would facilitate MKAR’s ability to raise additional capital from the U.S. public markets. The Corporation expects to file a copy of the

F-4 under its profile on www.sedarplus.ca shortly after the F-4 is publicly filed with the SEC. Shareholders are encouraged to review the F-4, once filed, to learn more about the Transaction.

The F-4 is expected to include disclosure of certain contemplated aspects of MKAR and potential shareholding interest of the Corporation in MKAR, in each case as of immediately after completion of the Transaction. Assuming funds privately raised by CPTK and MKAR from third-party investors in connection with the Transaction amount to US$23 million, of which no guarantee can be made, the Corporation expects its shareholdings in MKAR to range from

approximately 79% to 80%, depending on the quantum of redemptions of CPTK’s public shares by existing CPTK shareholders in connection with the Transaction.

PART 2 OF 2

The Corporation sought, and has obtained, conditional acceptance for the Transaction from the TSXV under Section 8.1 of TSXV Policy 5.3. A condition for final acceptance of the Transaction by the TSXV is approval from disinterested shareholders of a waiver of future review and approval by the TSXV of the activities of MKAR (“Waiver Approval”). Absent receipt of the Waiver Approval, for so long as MKAR is a “subsidiary” of the Issuer (i.e., the Issuer will continue to own at least 50% of the shares of MKAR immediately following completion of the Transaction), pursuant to applicable TSXV rules, certain activities of MKAR will still require pre-approval from the TSXV. Examples of such activities include issuances of shares and other convertible securities (including convertible debentures and warrants), as well as certain corporate transactions undertaken by MKAR, including acquisitions and dispositions. Following completion of the Transaction, MKAR will not be a reporting issuer in Canada and will not be listed on any Canadian stock exchange and therefore, absent the TSXV rules applicable to subsidiaries of companies listed on TSXV, oversight from the TSXV would not be required.

Post-Transaction, MKAR is expected to be listed on Nasdaq and to become subject to ongoing regulation and oversight by both the SEC and Nasdaq. In the Corporation’s view, the imposition of additional and duplicative oversight by the TSXV over MKAR’s activities, in circumstances where MKAR will not be a Canadian reporting issuer nor listed on a Canadian exchange, could result in incremental procedural requirements and delays that may adversely affect

MKAR’s operational flexibility and ability to execute its business strategy efficiently. The Corporation believes that the regulatory framework applicable to MKAR as a Nasdaq-listed issuer, together with the disclosure, governance, and compliance obligations imposed by U.S. securities laws and Nasdaq listing standards, will provide an appropriate and robust level of oversight. Accordingly, the Corporation is of the view that such oversight will be sufficient to

protect the interests of the Corporation and its shareholders in respect of the Corporation’s equity ownership in MKAR.

Under applicable TSXV rules, as well as Canadian securities and corporate laws, the Transaction does not require

Shareholder approval. As such, only Waiver Approval is being sought from shareholders.

Shareholder Approval Sought

At the Meeting, Shareholders will be asked to consider, and, if deemed appropriate, approve, an ordinary resolution in respect of the Waiver.

The foregoing resolution must be approved by a simple majority of the votes cast by Shareholders in person or by proxy at the Meeting. The Management Designees, unless instructed otherwise, intend to vote to approve the Waiver Approval.

Not FUD, not at all... and the only 'personal' comes from the 'clever' kat jokes... nothing to do with the comments and everything to do with manly posturing. i'm just expressing an opinion but when the insults come i have to reiterate it. but, seriously, if you think someone mentioning a phone being off and then on counts as quality information for investors, then, as i said before... who am i to argue! quality opinion... much better than mine.

Looks like f-4 should be made public before the AGM

Another buy post close above ask, naughty MM's... Hoping for a nice end to the week tomorrow.

UT at 45p for the second straight day.

Feedstock and scrap is one thing but I’m sure these things will be announced. I’d be surprised we went this far and then though ahh we don’t have any materials to work with.

Commissioning must be done as it’s the process of testing, verifying, documenting that new equipment and systems are installed correctly before full scale production can begin. This takes time and is the only way you can reliably know about performance and reliability to meet targets that have been set are actually going to be achievable. It’s a process but the raw products or feedstock isn’t what I’d personally be worried about.

No depth to the offer to my eye right now ...

130.5k just printed at above offer.

Had anyone heard from Biffa today? I heard rumours from my mates aunt down the pub who cuts the window cleaner at JFK airport that someone got arrested for stalking....

Nice post Goalseeker. Yes, plenty of patience has been employed and continues to be employed. We're currently only 1bout 15% higher than the previous 2021 ATH which puts things in perspective somewhat.

Interesting that we had two buys above the advertised ask there, for 130k and 17k, but no movement in the ask.

I’m not one to post often and first time on MKR. Patience is required here. Those who got in at 6p would have had to of been patient to start seeing the green and those who have now got in at the 40s will also have to be patient your green time will come but things take time. Anyone who is looking at this investment long term will still see strong returns over time I’m confident of that.

Last update I read 1st May 2026

The jet mill for processing NdFeB alloy powder for magnet manufacturing is also said to have been installed, and commissioning will be completed in the coming weeks.

Once fully commissioned, the plant is designed to have a minimum initial capacity of approximately 100t p.s. of NdFeB, increasing to up to ~350t p.a. with multiple shifts.

Hopefully this will mean we start seeing some results over the next few weeks on output, which will help the SP begin to grow into the 50/60s.

Soon this just turns into an ipo story. Yanks will snap up the hypromag usa ipo.

Just need that fid

Magnet demand is already there... it's magnet production that isn't!

it's what's holding back the sp. and the longer...

I think the key thing is not to get carried away with the scenarios of 1bn humanoid robots etc

We just expectations at levels that imply we make money investing in mka.

Even a small adoption will drive up magnet demand. We don't need to look for this massive blue sky outcomes.

Ubi magic

Problem is if they replace all the people workforce with robots then who will buy the products the robots are making as nobody will have any money.

Showing as a sell: 09:03:40 45.96 22,645

Https://www.linkedin.com/posts/danielmamadou_spac-emat-nasdaq-share-7460344164728279040-Uwhh?utm_source=social_share_send&utm_medium=android_app&rcm=ACoAAE3F3aEBI51t2X87AvVTNdT9YjeGDfoOVqU&utm_campaign=share_via

I am really thinking about these US stock valuations...

How crazy it is that being on AIM or on Nasdaq can make such difference ..

Monteacute, thx left eye is operated on and recovering well. Right eye operation scheduled 3 June.

Yes some making a big issue of a £4 million acquisition in Germany. I guess for £4 million we will get the mother load and overtake MP Materials in terns of market cap 😂😂😂

Agreed sp movements and delays have been testing especially to those that have a paper loss. The spring is compressing and when it is finally released, Mrs M can get more than her kitchen

Sorry had to share this posted by a respected board member on gst about kats comments.

------

Not strange at all... i can't argue against the rise... though i CAN argue that the sp won't end well, with a positive rns. Katstrangler

To do that you would actually have to post something that has a modicum of knowledge, so I won't hold my breath... BFD

Shareinthis... another one who never posts anyting except general 'oh, ihope this'll be good' or 'i'm in this... what do they do?' posts.

and another one filtered as you're never going to be worth reading.

Velcro: welcome back and I hope recovery/rehab continues apace. As ever, many thanks to you and others who have kept spirits up with sage analysis over the last somewhat testing weeks for the faint-hearted. Huge volumes of sells been absorbed by the 8%ers most of whom have now gone elsewhere so that the sp will begin to reflect the core values. It's certainly been a solid day today. Even Mrs M not losing sleep until she knows the name of the German acquisition which appears to be a cause of concern in some quarters but continues to look forward to her new kitchen in Q4. ATBALTHs

BTW kat I've explained to you the technical side of things like N.A.V over on the gst board.

Let's not forget you didnt understand how market cap was calculated either and many there including myself had to walk you through it.

Its all in your posting history. I think its very clear its you that doesn't understand much about investing since you only started during lockdown. Learn the basics before you start throwing your weight around please. Have a good evening.