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You said ā I do still believe there will be another raise at some point as the running costs have increased substantially and the production and distribution deals will need to be financed.ā
The RNs says ā
Ā· Net cash as at 28 February amounted to Ā£1.433m (H1 2020: Ā£40,000). Net cash as at 25 May 2021 was Ā£11.28m inclusive of IPO proceeds
So what makes u think they would need to raise more cash ?
Spot on overnight , being invested in Mka is just like sitting and waiting on a ticking time bomb ... in a good way I might add ... once the market wakes up to it properly when further news lands or any other hint of further disruption to the supply chain then even at 22 p ...this will seem crazy cheap ...but thatās just my take on it as always GLA
A very interesting article here which effectively explains how and why the chinese are now in the situation they are ,as they not only control large amounts of the raw materials of rare earths but also have created an infrastructure and industry within an industry to transform those raw materials into end products ...a situation that we in Britain are trying to ensure right now with our very own diagnostics industry being created as i type ,so that in future pandemics we wonāt be relying on anybody else but ourselves to supply ppe , tests , equipment , treatments , etc and other countries will be buying off us as opposed to the other way round .
Hindsight teaches us lessons to learn from foresight gives us our rewards and MKa is well blessed in the latter imho
The bottom line with Mka is by having their fingers in both pies with Songwe and then the Hypro-mag venture is effectively having 2 golden geese for the price of one and itās pretty evident we are fast approaching crunch time where the real value will start to out itself Iād have thought so exciting times ahead here hopefully GLA
https://investorintel.com/markets/technology-metals/technology-metals-intel/the-real-critical-in-the-critical-materials-supply-chain-is-actually-vertical-integration/
Hereās a key paragraphs to illustrate the challenge
āWe no longer have such companies in the USA that are or can assemble a vertically integrated group of operations to produce rare earth permanent magnets or lithium-ion batteries at a scale necessary for electric transportation.ā
Enough said GLA
We must be due some news pretty soon and some decent buys coming in last half hour ...but man of the match today is defo pms , Phil Foden esq son that was !! GLA
Some excellent points made of late and having given more thought to the timing of the recent tie up with the American firm ,and then add in the Biden conference yesterday ,and that coinciding very nicely with article written below ... it does imply ( possibly a tad biased I do admit that ) that matters here with Mkango are very shortly going to get very fascinating and exciting Iād have thought .
U donāt need to be Einstein to realise that the global monopoly China have in these key areas of EV , Battery , wind turbines , solar , and defence /security is truly mind blowing & fair play to them they had the foresight to see it b4 anybody else
Then look at the US figures in this link which clearly highlights their almost total reliance on imported materials for the manufacturing of such items and it then becomes blindingly obvious their needs are indescribably all too plain to see .. hence the need to move quickly , and more importantly to act quickly b4 theyāre completely snookered
This along with the Greenland furore , the issues in Burma at present , are worrying for all of us not just the US but more relevantly here is that unquestionably, it puts the likes of Mkango in an truly epic place to be and us with it as shareholders As such for me at least itās a buy hold, accumulate if u can and then simply wait for lift off .....as it can only be a matter of time b4 the value here truly outs itself big time ...but thatās only aimho as always GLA and a great weekend to all invested here
https://www.mining.com/caught-between-rare-earths-and-chinese-dominance-the-story-behind-everything-no-one-is-telling-you-part-one/
Well Iāve been invested here for some time but rarely post on this board but imho that I think that today is a true masterstroke as this problem with rare earths and rare earth supplies has been a massive problem for the US as we all know .and this guy was ,in his former role and still will be now, a ginormous influence in championing the Biden administration (who probably need no telling tbf to them) to act and to do so very quickly and as such this partnership cam only be a huge boost to Mka imho
This tells u everything
āJones Group International, a Washington, US based advisory firm led by retired General James Jones, former National Security Advisor to President Barack Obama, will assist Mkango, advising on US critical materials security, energy security, market access and trade promotion.ā Absolutely !!!
Happy days a total no brainer this, for sure GLA
I agree with u Bb I just had a look at the charts and 3 months ago this was 180 for the sake of facts and itās now half that price and yet the only tangible thing that has materially changed is sentiment and thatās perfectly understandable given whatās happened or not happened whatever ur stance.... but as I said Friday they must be close to news on a few fronts Iād have thought so putting my money where my mouth is Iāve added a few more as I truly didnāt expect it to be down here 3 months ago that I will openly admit ...at least itās a lovely day weather wise so GLA & come on Tils
I donāt know why , itās just a hunch but switching back to Tils a minute Iāve just got this feeling that some news must be imminent pretty soon ,as letās just take the catastrophic situation in Brazil at present where that trial of ours was run in Dec and now look at the number of daily cases still running at a staggering 70-100k a day with the death rate now at an alarming 4000 per day ...with a total number of infections now surpassing 13million since last February . As such one would assume despite Bolsonaroās original stance on covid that they surely must be crying out for solutions like ours and FAF .
My point being Itās very often famine and feast with Tils and with its small float the share price moves rapidly up and down , and none more so in 2020 , so whilst recent events have been irksome to many on here and I get that ,itās maybe worth bearing in mind that there is still potentially news on 4 trials this qtr and they could start landing at any time ..Anyway a good weekend to all invested here GLA and most importantly stay safe keep well
Hereās the link for the lloyds process ... pretty straight forward even I could do it
https://www.lloydsbank.com/investing/help-and-guidance/i-already-invest-with-lloyds/trading-support/international-trading.html
All the best Gla
U couldnāt make it up !! Bloody brilliant well done Tils
Morning all , I like many others have been frustrated at the lack of news and the drop off in the sp but what Iāve learned about Tils is that it does sometimes have news starved periods ...where the inevitable frustrations are aired about the BOD , the shareprice , the lack of communications , missed timescales which are all valid but just when ur frustration is likely to get the better of u , something like this happens and that then triggers the start of another news rich period which Iām pretty sure this is going to be anytime soon ...
Think about it ...this is potentially going to be the 3rd phase 2 trial ...yes 3 phase 2 trials (all targeting different illnesses) using different delivery methods (all of which only patented to Tils of course ) of the only fully humanised Monoclonal anti body Foralumab (with MAbs being the biggest selling drug type in the world right now ) potentially starting in the next qtr ...and one Phase 1 trial using Tls 501 also on Covid 19 set to start this qtr as well .
Seriously , itās hard to think that the Bod are not doing anything else but working their socks off ...to not only do all that but also to try and launch the Accustem stock listing as well ..
Point being Tils with its fantastic suite of products and huge potential (irrespective of its other well documented shortcomings ) is just a ticking time bomb that will finally go off one day , I truly donāt know when, but Iām staying here until it does ,just like Rockz said earlier ..itās a total no brainer but thatās just my opinion as always GLA
Evening all , Just said on Times radio they believe an announcement is imminent regarding a test which will halve the waiting time for a result , but any further information is embargoed... not much sleep for me tonight then lol GLA
Morning all ,firstly if u are a true investor in Omi my own take is that there was no bad news in that update last night ,far from it in fact ... itās truly exciting but if ur in here purely as a short term play then realistically ,there was nothing immediately imminent to boost the share price higher , until we get much closer to the results date in possibly 2/3 wks time .
The reality is for some who openly admitted on this board even that they had pitched back in thinking 21p was a good entry price will be thinking I can do far better elsewhere short term than here and hopefully still get back in maybe b4 it starts going back up again pre results time ...
But thats how it is on aim itās entirely news and sentiment driven and thereās so many folk who just flit in and out ,sometimes for just minutes ffs and in a share like this with just 188 m in situ the rapid but relatively small number of sells this morning give the mms an ideal opportunity to drop the price sharply and peeps then get suckered into following suit ....making easy pickings for the MMs to clean up big time .
Sure enough at 19p the buyers show up and trading numbers go up even more which inevitably make it a great day for Mr market maker , itās job done .Thatās life on aim frustratingly but more importantly, for anyone in here as a true investor all the indications here are pointing to this proving to be one truly humungous find ultimately . Itās just a waiting game simple as ...Aimho as always and a great weekend is wished to all invested here .
Seriously mate I have read ur posts for I donāt know how long and I canāt recall at any time where u have taken an even remotely positive stance on anything relating to this company or anything else for that matter
Itās just as though u have to find any negative , cynical and skeptical view u can think of and tbh imho itās about time u either changed ur position or just sell up and move on old son as it canāt be doing u any favours being so down beat all the time .
If itās not Avacta itās Big Al or the chinese or the Govt or Boris or anything for that matter , the bottom line is itās negative so why are u still here if everything is so bad ? I just donāt understand ur logic at all .
Fwiw yet another terrific update from a brilliant, innovative British company we should all be proud of but thatās just my take on it of course . GLA
Afternoon all , a good board is one that has a varied spread of opinion and rationale and thatās why Sotolo ās view is welcomed as itās useful to weigh up all possibilities imho . That said , I do happen to think differently as the plain truth is that gold reserves are continuing to fall and have been doing so since 2012 ... with them not bring replaced anywhere near as quickly and as I stated in a previous post if factors such as bond yields keep rising combined with the reality that once lockdowns start easing and the global economy awakens at long last ,then the reality is that inflation pressures will mount and as such Gold will then revert back to being a very useful hedge accordingly to many investors out there .
Not only that , but there is a growing view that M &A activity is very much on the cards in 2021 /22 not particularly involving the merger between the bigger players themselves but more a case of a bigger player acquiring the smaller developing miners where itās plainly obvious ,such as in the case here with OMI that they potentially have a world class project in the making .
This is in fact the whole meaning of a super cycle in that prices have been largely suppressed over the last decade whilst projects are being developed at relatively low cost during these quiet periods until they start coming to fruition before the inevitable huge rise in demand ,thatās almost certainly going to happen with the transfer to the EV and greener energy revolution .
Whilst gold may not play too big a part in that particular field , the time is now fast approaching where the likes of Newmont will most definitely want to maximise their opportunities here and look to add significantly to their resources ,as they know exactly what theyāre sitting on .More importantly itās a perfect time to do it as we enter the next super cycle in commodities .. Itās a total no brainer if ur prepared to wait for this to pan out as itās probably as good as it gets to be in here at these levels but as always thatās just my opinion . Finally Stay safe , keep well and GL to all invested here .
https://www.prnewswire.co.uk/news-releases/experts-hinting-gold-may-be-entering-a-bull-market-that-could-last-over-a-decade-892214256.html
The rising bond yields have affected the gold price of late and itās clearly going to be choppy for the interim as u rightly imply but the rising inflation thatās expected both here and in the U S will mean generally the price of the dollar will weaken and if it does bearing in mind that Gold is traded in dollars then more than likely that will support the view it could quite easily retouch a fig closer to 2000 by the end of this year ... but thatās just my take on it.
https://www.fxstreet.com/news/gold-price-analysis-xau-usds-outlook-supported-by-higher-inflation-and-a-weaker-usd-anz-202103011501
Each to his own as always ..totally oversold here atm but maybe it had got a little overheated a week back also with hindsight GLA
Morning all ..been invested here a long time but not posted on here for many a moon , todayās sell off totally bizarre but not entirely unexpected as it happens on aim all the time , nothing wrong with that update whatsoever ,but the real fireworks will not be realised til a slightly later date and the fast buck peeps not prepared to wait ,but that happens with mining stocks ...
The absolute bottom line message though here is that holding this stock is a total no brainer ,given what we know already and that today only amplifies it if u can read between the lines ... as the potential is simply awesome and imho just a case of sitting it out til optimum value is realised ....
Interestingly the high level of zinc reported is a nice little bonus as whilst it maybe somewhat of a sideline compared to the primary focus ...at 2800 a ton currently ,itās a pretty useful sideline to have as we potentially enter a super cycle for commodities ... exciting times here defo
Anyway enough from me ..GL to all invested here stay safe keep well
Morning all , not sure they could have said much different than they have , itās more poignant for what it doesnāt say than what it does , they have corrected a technicality but they havenāt corrected the 5 minute test result have they and they havenāt denied anything else either so imho a good time to add or just hold for gold ...take ur pick ... GLA stay safe stay well
Afternoon all , been invested here a little while but not posted on here b4 but have to admit when I read the CEO Twitter post this morning https://twitter.com/shaun_day_/status/1362290292381020164?s=21
I thought that sounds promising ,given we all know the scope and magnitude of Havieron and yet there he is implying the Paterson is maybe just as lucrative ..or maybe wishful thinking on my part possibly
Cue a few hours later the Rns lands and whilst Iām no geologist it sounds highly promising given the current suite of high tech kit they use in identifying these discoveries these days .
U donāt always get the complete picture in this game however hard u try ,but if thatās not a pointer Iām not sure what is ..so all thatās needed here is patience as u know whatās down there
Anyway to all invested here .stay safe ..keep well and GLA
No brainer this, what with the situation in Burma and the chinese looking to play hardball any time soon ... the mkt cap here is ridiculous compared to its peers GLA
https://t.co/iCWfzfVuDP