Quick Summary7 May 2020 11:08
£4m mkt cap, assets valued at 0, cash in bank $7.4m. Songwe, pre-resource upgrade, had an NPV10 of $345m. Given latest drill results, this will increase. Partnership with Talaxis gives Mkango a free carry of 25% to production. 8/9p pre covid, nothing has changed. 3.8p now. Strong buy.