Member Info for cristalball

Morning mate . Struggling to find any info on Director holdings - what’s your view here ?

Munch - fair play - I don’t trade though. I always look for a low / under the radar entry , hold for between 1-5 years depending on how it develops. Been here years but accumulated most at around 5p so the 10% swings don’t bother me . Exit 75p

Munch - what do you defined as "a while"? Regardless of possible updates on Thambani, Chimimbi and Mchinji (which may land at any time) , you do understand that we are in the middle of a 3+ way war to secure our asset don't you? We have a Russian TR1 holder, an MoU for mine funding with Chinalco and the US DoJ mentioning Songwe. Plus the BFS will be published in a few months.

Shhhhhh!

Ah i remember you now, the guy that bought at 20p and sold at 23p in a share thats risen from 5p to 26p in 12 months. Trying to justify buying after a massive rise and selling after another tiny one. I am sure you are a successful trader, and there will of course be pull backs here inbetween periods of news, but based on all of the facts, MKA will be closer to £1 a share in the next 12 months. i would consider this a tactical hold if i were you.

very odd post.

someone has bought almost £300k in 2x 525,000 tranches. late reported from 6 May.

Constrained by a lack of new primary and secondary supply sources from 2022 onward, Adamas Intelligence forecasts that global shortages of neodymium, praseodymium and didymium oxide (or oxide equivalent) will collectively rise to 16,000 tonnes in 2030, an amount equal to roughly three-times Lynas Corporation’s annual output, or three-times MP Materials’ annual output, of neodymium and praseodymium oxide (or oxide equivalents),” the report reads.

The market researcher also sees the undersupply of Nd, Pr and Dy oxide generating global shortages of NdFeB alloy and powder, which will amount to 48,000 tonnes annually by 2030 – roughly the amount needed for some 25 to 30 million electric vehicle traction motors.

Electric traction motors, commercial EV traction motors and electric bicycles, motorcycles, and scooters are, in fact, expected to be jointly responsible for 23% of total global demand for NdFeB alloys and powders by the end of the decade.

“Considering additional uses of NdFeB magnets in EVs, including micromotors, sensors and speakers, we conservatively forecast that EVs will consume one out of every four tonnes of NdFeB alloy and powder produced globally in 2030,” says Adamas.

sounds like we could kick start the entire economy . brilliant interview.

you can also track REE values here with some conversion from Yuan.
https://mineralprices.com/rare-earth-metals/

This is one of the best documents if you want to understand the expected composition of Songwe, prepared post 2019 resource upgrade. Page 21 in the appendix gives you the breakdown.

https://www.mkango.ca/i/pdf/ppt/2019-05-29-CP-MKA.pdf

REE. Composition% £ per tonne
Lanthanum 24% £3,245
Cerium 45% £3,355
Praseodymium 5% £75,350
Neodymium 16% £94,050
Yttrium 4% £4,675
Other 6%

i listened to you mate, but only because hardly anyone else posted anything :-)

christ, someone is loading up. paying 30.50p now.

We still have it but we didn’t feel the need to give away that much of an equity interest . It’s a good thing .

We withdrew from the agreement with MetalNRG .

I wonder if our mysterious Russian holder is still accumulating?

L2 looking sweet. This is going to explode once the full herd arrive. Shame this brilliant board will get ruined with the usual crowd but worth it if we get to 75p.

Who knows . We have seen a 400% rise already, but 75p should be easily achievable (could be this year) , based on the original investment thesis from Myles - this was pre-resource upgrade, REE values are predicted to continue to rise and Songwe is one of the biggest deposits outside of China and easy to mine . BFS to come . Plus with the M&A broker appt.I would expect fireworks / bidding war .

If it makes you feel better - I sold out 500,000 SOLG at 4 p . Made a decent profit but Christ if only I had held a few more months after that earthquake. Live and learn . :-/

Wonderful to watch this unfolding after all these years mate .