Member Info for bonker99

Lol ;)

Another 20k for me - tvm.

It's not that kind of play I don't think :)

Presumably zero is way off timescale-wise if it comes.

Super Hero is still 80s BTW ;)

Hero OR zero :)

It's defo a mugging mate but I'm still not sure which way around lol

RSIs are only RSIs of course but 11.5 on the daily is pretty epicly oversold without actually seeing news that's undeniably worthy of driving it there :)

The risk is immeasurable as it always is, particularly with someone of Sefton's BS abilities but with the nom val at 5p and an "opp" to buy at a shade above 6p I fancied the "fun" :)

See what happens but obviously don't put in what you can't afford to lose completely - this is going to zero or hero and nothing inbetween IMO :)

PS: My best case scenario from here, such as I can read it (and I've not done that at all well so far!) would be a move to c26p in Q3 if that means anything to anyone :)

Morning.

So close to the 5p nom val @ 6p I couldn't resist - always a chance of a reversing news item before the AGM of course.

See how she goes ...

;)

It'll come ala BMN - REMs are clearly capable of becoming the new vanadium ;)

Broker has a 70s shout IIRC and that's obviously on with the REM basket price staying strong but the beauty of buying just above the cash-in-hand price of course is that even if that basket price does go sideways instead then your downside is minimal/non-existant so it's a bit of a no-brainer at 8s for as long as 8s last.

It'll come - I'm a buyer at 8s for as long as they're still offered - very happy to sit here holding for six months+.

Talking of the US ...

#RodderickEggert Director of #CriticalMaterialInstitute #DepartmentofEnergy #USA discussing USA strategy toward a sustainable #RareEarths supply #MKA #Malawi #REIA @energy @USAGov

https://twitter.com/MkangoResources/status/1143807192396681216

https://twitter.com/MkangoResources/status/1143804190805901312

#milangrohol from #EUcommission discussing the criticality of rare earths to #EuropeanCommission #mka #malawi #RareEarths #REIA #EVrevolution

There's some exposure for you :)

https://twitter.com/MkangoResources/status/1143794284791029761

#MKA founding member of #REIA the global #rareearths industry association presenting today at the 1st assembly meeting in #Brussels.

1st keynote speech from Henrik Orskov Director Grundfos #EVrevolution #NdPr #mininginmalawi #Malawi

This is a decent start of course :)

https://twitter.com/PeterNBell/status/1141401133342253056

IIRC, when China cut Japan off from REM imports the REM basket price did a 10x+ :)

I don't think we'll see that level of rise again but if we did you'd have to be factoring a 20x+ here from the current price.

Morning :)

They're still looking for shares, hence the 8.00p bid drop yesterday to hunt for stop losses - they'll likely try that again so don't get mugged ...

:)

plus the c£9m (inc the debt!!)

China will never play ball with the US, not on the terms the US usually try to bully other nations into at least.

With respect to the debt/prior investment tiff earlier - FWIW, my read says this should be trading at half the £12m that's been invested so far plus the c£9m (in the debt!!) balance sheet for a c13p floor but that's just me.

You can't just take on the negatives, you have to look at what money has aleady been spent when weighing a pre-revenue proposition like this up so I think c13p is a fair shout for a new floor here well ahead of a DFS that could well put 30s on the radar.

Ya gorra lol