Member Info for bonker99

PENTAGON TO BOLSTER DEFENSIVE POSTURE IN GULF ON FRIDAY - WHITE HOUSE'S KIRBY

Must..have..inflation..

Don't forget China of course - how fab to get caught in the middle of a tug-of-war between them and the Yanks lol

https://unherd.com/thepost/what-chinas-rare-earth-metal-ban-means-for-the-west/

Well that was interesting - you just never know what's going on behind the boards eh?

The CEO's recent £100k @ 12.85p was perhaps a, er, "knowing" move after all ...

I take it I won't be getting another 10p buy then lol

OK, that caught my attention ...

It's a long time ago but clearly a positive - who knows what's occurred since then but the US seemed "motivated" to plough money into Malawi as "aid" last year.

https://reliefweb.int/report/malawi/usaid-announces-35-million-agriculture-support-malawi

Bear in mind the Malawi govt could be 20% owners of Songwe - a guaranteed offtake by US military would be quite the, er coup.

Shouldn't surprise anyone here ...

"The U.S. Department of Defense has held talks with Malawi’s Mkango Resources Ltd and other rare earth miners across the globe about their supplies of strategic minerals, part of a plan to find diversified reserves outside of China, a department official said on Wednesday."

https://www.reuters.com/article/us-usa-rareearths-pentagon-exclusive-idUSKCN1T62S4

*US Apr Consumer Prices +0.4%; Consensus +0.4%

US Apr CPI Ex-Food & Energy +0.4%; Consensus +0.4%

US Apr Consumer Prices Increase 4.9% From Year Earlier; Core CPI Up 5.5% Over Year

US Apr CPI Energy Prices +0.6%; Food Prices Unchanged

Stick with it - a pivotal few weeks coming up ...

I did warn you dude - wait until Biden announces the SPR refill @ $92 ...

I assumed you meant takeover of the Songe project which is much more likely to happen than selling off everything including the recycling tech/plants etc where we've stuck partnerships up with some really big manufacturing companies and received sizable government funding for already.

Some IIs won't take this on until they know it's worth a £100m mcap - just as appears to be happening at HUM right now following a purposeful grind down of the mcap to around 1/4 of what it's worth on paper, then the news drops and it's a 3x+ bagger in a matter of weeks as the big money cleans everything out under £100m mcap - I expect no different here.

The Songwe DFS has a very attractive NPV that I'm in no doubt is worth 40s to MKA, even at only 80% ownership, so this is another terrific value play on paper - the prospect of an early mover advantage rare earths recycling cash cow on top of that is some pretty thick icing that suggests this could well do a quid+ one day.

This is why I'm here of course - mcap underpinned enormously by the Songwe NPV with the promise of something even more special than a regular 4x bagger if I'm patient enough - it paid off at HUM because the value always outs, the same will happen here I'm sure.

Nice close and a helluva buy after the bell - have a good one y'all.

Well Songe alone is worth 40s so ...

Chunky.

;)

Which currency is oil priced in chaps?

Big US jobs number posted ...

Back to $120 within a year mate and much more than that in 18-24 months.

Chart:

https://twitter.com/bonker_99/status/1653912604639744002?s=20

Watch the OP folks ...