The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
CoTec will want as big a piece of the pie they can get there hands on IMPO. Julian Treger CEO, CoTec is already "Super Excited" in the future of Hypromag and its N.American scale up. The NPV figures for 1 continent alone on a minimal scale are astounding! Funding for E.U through German Govt. only emphasises the possibilities, with ease, scalability into Asia, Australasia, South America & Africa!!! IN A SHORT SPACE OF TIME!!
Remember Julian Treger's numbers are just for North America ALONE!!! Not MKA's hypromag commitments in the E.U, which has ALREADY been part funded through a German Govt. grant! Now, we are having talks in Tokyo next week and a scope for the Middle East expansion.
THIS is why Tregers values this as a Billion Dollar valuation, AND this is what boggles the mind!! Having a global scope of a patented product able to generate massive figures on one asset alone... This is without Songwe!
Sorry wrong link, try this:
https://twitter.com/glr_1990/status/1633522124072574990
I expect not many here, if anyone saw the presentation by Julian Treger yesterday re Hypromag and Maginito.. Was absolutely brilliant and he's really looking to expand this globally. The numbers he talks about are absolutely excellent.
Read this tweet by Garfield for round-up:
https://twitter.com/BladeyRsv/status/1633568029781966852
Financing/money is the key to any company's market cap swell regardless of what anyone says. Yes, sentiment and news lead up, plays a good part in the narrative, but financing/ cash in bank to pursue more money is the foundation to any stock, especially medium to long term stocks. I've been in MKA coming on 8/9 years, watched it tick all the boxes with regards to due diligence and now we're close to the summit of the mountain without a doubt!
The company has been in talks with financiers since last year, slowly putting together a plan on various scenarios with regards to the mining licence, (MDA), which is the key to opening the door! It satisfies our needs, MKA, and it satisfies the Malawian Govt.'s needs. After that's completed financiers will make a swift plan to either get to production or we'll be bought out... and trust me there's plenty of interested parties out there eyeing us up!
In my personal opinion we'll be bought out, and at a good price!
Dog...Do some basic research ffs!
I like the fact CoTec are raising more cash possibly for increase holding stake in Maginito?
MDA will defo take up past 20p, and Financing won't be far behind at all IF not already agreed and awaiting MDA final draft terms!
Seller on fumes methinks... buyers winning over seller in race!
A link would bleedin help lol:
https://www.marketwatch.com/story/tesla-said-to-consider-buying-canadian-miner-sigma-lithium-report-6e403166
...Whilst also considering buying others, and guess which company has ticked all the bullet points for a supreme buyout as a whole? MKango Resources, being on the brink of MDA with an entire complete portfolio of Mine to production to refining and also recycling in #REE's, especially neodymium magnets as well as other critical metals essential for production of scaled up Tesla production vehicles. One wonders about the scalability into SpaceX. IMO this is massive news.
If there's an RNS, it'll prob be after NICE date of evaluation on the 21st.. and stating just that. End of March is when final decision will be made, which in my opinion will be positive... but all IMO, but cannot see how it will not pass.
Don't know how long you've been invested in the company silvermaple, but I'm assuming it's not that long, this coming from someone who's invested over 9 years in the company and watched it mature to where it is today. This small raise to move things along is nothing in comparison to other companies that have enforced their foundations by continuous raises and fortify ridiculous BoD salaries and unwarranted bonuses. MKA and by definition the BoD here have been juggling a few balls all whilst linked with strings and have secured HNW's including the likes of CoTec and Germany to secure part funds of this REE emerging empire. Let's not even talk about the Jones group involvement from the American side of things!
You are clearly misaken if you believe the BoD here is taking you for a ride, and if you believe otherwise, my advice is you jump ship for the betterment of your own mind bud!
Gentlemen, gentlewomen, Mining Development Authority is literally around the corner, with final creases being ironed out, of that there's no doubt! This is a company that doesn't do placings unnecessarily at all. It's a tightly run ship with funds only raised for working capital and funding the simultaneous connected projects, bringing them to fruition.
The company is bringing patented Hypromag, part German funded, into near-time production, with a Processing plant in Poland also in the pipeline. It's my belief, (and that of many others), that the financing is already in place but cannot be announced as trimming will have to be done based on the final MDA outlay.
Why is the MDA taking a bit of time?... Well it's also our belief that Mr. Dawes is standing firm on the grounds that is beneficial for shareholders after all the due diligence the company has carried out over the years, (YEARS ffs). Of course we're dealing with an African nation, albeit the nicest and friendliest of African nations, but still they will want something that is in more favour for them. The Govt., at the same time is torn between the fact they they need to generate serious interest from outside investors and thereby need to show they are able to be worked with and with co-operation...and lining their own pockets. On that note, they have shown seriousness in elimination the 'lining of the palm' syndrome by re-instating anti-corruption ministers with serious over-sight by the Americans.
With Chinese - Americans tensions again reaching fever-pitch levels, the American collaboration element is even more serious now in eliminating Chinese reliance globally in rare earths...and consequently technology.
Rest assured you're invested in a company that will VERY shortly be very many multiples of current Market Cap with more fingers than one hand can have in as many pies all devoted to bringing forward one of the biggest REE processing facilities to production on more than one Continent, at a time when REE prices and requirements are reaching heights never before seen on an industrial and technological scale.
The current placing is a short term ailment, but was a needed one, and I have no doubt the cash is being used wisely by one of the most sensible Board of Directors I personally have ever seen in the market, not just in AIM, but throughout sectors and financial tiers.
Good luck to all...and I seriously wouldn't want to be out for the weekend for this company at it's current stage!
Also remember the considerations over costs being that there is no competition in the market for this advanced tech. Focus on new-born care is paramount from NHS's point of view as from parents PoV. 26 Mins over a few weeks for a test that can change a childs future is an option the NHS CANNOT pass up imo. This WILL develop into sales whichever way that comes by.
Firstly...Funding shouldn't be needed till end June 2023, and secondly ...even considered until the final NICE report. Lots of things to be weighed up here as scrutiny is on NHS and current expenditure/time savings that could be ascertained from having the GDR test device rolled out across the UK. Like I said... final discounted contract is achievable for NHS with eyes on the greater prize globally.
I agree with Guy_incognito on this one! Dilution is never good Unless they come with a covenant not to be sold for a period stated by the deal or above a certain price. Now is the time to convince shareholders the loyalty of the BoD to the strength of the company and look for an alternative funding method through a JV or advanced payment thru discounted contract with NHS. THEN we can rely on the REAL profitable targets...Namely U.S and E.U and other countries. Remember, this is patented tech and no-one else has a product out there, which is why they've gone through the route with FDA application simply because on the front of genetic test...there is nothing comparable to it, so it's ground-breaking tech!