Mkango Res Share Price (MKA)

http://malawi.mynews.club/news/mkango-commences-final-stage-of-hydrometallurgy-piloting-for-the-songwe-hill-rare-earths-project-in-malawi.html

I’ll take a penny a day I can tell you that.

One concern, volume is low and it has been held down at the 20-25p range for months (in my view the finance level). I dont see a big rise yet but it will come as it is derisked.

Bad market conditions and obvious distressed seller in the us/Canada zone (notice the sells at 2:30pm uk time).

More patience will be needed and tje short term traders will no doubt drop it a little on news day.

The future is bright and market cap will eventually show true value.

Tufft. You forgot the MDA. That’s bigger than the bfs. Also there’s banks on site so it suggests funding is done. The MDA rns will get a min 15-20% rise on the sp. So either side of your honesty I see that 25p beckons this week …easily.

I’ve gotta be honest, I can see a situation where the BFS lands and we go up just 1p and then down half a pence by end of day. And I can also see us shooting up to 40p. I’ve seen great companies release news and go nowhere. It never seems to make sense. There’s scope for this company to get up to a pound if the BFS confirms a strong enough route to finance. The only certainty, thankfully, is that we’ll know a lot more this week. And we’ll have a much better view of this companies concrete future plans and profitability.