Member Info for cristalball

The 364p bid in 2016 was before the £2 max stake on machines in Retail. you are talking £100m+ a year in profit drop since then. It is also pre - ban on credit cards, reverse withdrawals and the need to turn off lots of VIPs due to AML / source of wealth checks. You cant compare the two offers. The repeal of PASPA in the US has changed the landscape a bit though, as has the acquisition of Mr Green. Eldorado/Caesers don't really seem to want any of the UK/international business though which is odd, as you would imagine their land based Casinos will be hit over the next 12 months with the impact of Covid.

It’s not greed - it’s frustration. I bought in the dip on the potential, we have a massive captive audience and no product... and no clear timelines. It’s not hard to give some timelines .

No , but i am sick of people on this BB refusing to entertain any criticism of the company . Anyway - I’m off again for a few weeks . Hopefully we have a product out by then . Not confident .

Who is a fantasy trader ? I declared my buy in 17/03 before pretty much any of you lot had even heard of this company . Yes, it was nothing to do with Covid at the time , yes - I took my stake back at 150p ish months ago , yes I am sat on a significant gain . However , the landscape has changed , we are looking at the opportunity of a lifetime and the company are just stalling . I reserve the right to be angry as a shareholder at this . You lot do what you want but don’t call me a mug because I can’t see anyone here with a lower average .

Sorry - 17/03 .

Me ? 16.125p average - all available to check on here - I posted early April . Idiot .

I can’t find it . If so - when , and how many units sold ....

Avacta - please pull your finger out and launch a viable product , as an investor who has been here since the teens - I am sick of your vague and opaque kick the can down the road RNS releases with no timelines , no progress updates and no substance . All the while the world has a huge demand for a product you haven’t yet got to market . Get it out . Get it out quickly . Very disappointed .

More solid updates. We just need a plan to drill .

Always wining has summed it up perfectly. The simple fact is, we have had a captive market sat here waiting to sell into , and nothing AT ALL to sell. No updates on timelines other than opaque and vague statements. very poor.

https://www.theguardian.com/environment/2020/sep/21/uk-plans-to-bring-forward-ban-on-fossil-fuel-vehicles-to-2030

Here you go . I did a comparison looking at the value of REE in situ against HAS and RBW . Staggeringly undervalued here .

https://twitter.com/flatracingmodel/status/1207252615651876865?s=21

https://twitter.com/flatracingmodel/status/1138009949756383232?s=21

So we can add Titanium to Neodymium, Praesidium, Uranium, and Nickel-Cobalt .

Mkango Announces Rutile and Ilmenite Discovery in Malawi

September 15, 2020

London / Vancouver: September 15, 2020 – Mkango Resources Ltd. (AIM/TSX-V: MKA) (the "Company" or "Mkango") is pleased to announce the results of a reconnaissance shallow soil sampling and auger programme in its 869 square kilometre (“sq km”) Mchinji licence (EPL 0544/19) in Mchinji district, Malawi, held by Mkango’s 100% owned subsidiary MKA Exploration Ltd.

(see map https://mkango.ca/site/assets/files/4775/20200914_mchinji_sampling_on_topo.jpg)

The results demonstrate the presence of interesting grades of rutile plus anatase (both naturally occurring mineral forms of titanium dioxide: TiO2) mineralisation of up to 1.07%, with overall TiO2 grades in the range 0.51 to 4.10% in auger samples and 0.14–2.38% in soil samples; also ilmenite grades of 1.30 to 3.40% (average 1.85%) – see table below.

The grade of the TiO2-bearing minerals in the highest-grading auger hole are in the range of 0.63 to 1.07% rutile plus anatase (average 0.73%) and 1.30 to 3.40% ilmenite (average 1.85%), hosted in free-dig saprolite material from surface.

Mkango’s President Alexander Lemon commented:

“Mkango is focused on developing the Songwe rare earth deposit in Phalombe district in Malawi and is looking forward to completing the feasibility study. We are very pleased to add this new rutile and ilmenite discovery to our portfolio of projects in Malawi. These early stage results show similarities in terms of saprolite-hosted mineralisation to the recent rutile discoveries made on the adjoining Sovereign Metals Ltd licence to the east, and suggest the potential for discovering high-grade rutile deposits within Mkango’s large licence area, in what could potentially be a new province of rutile mineralisation.”

Twelve vertical auger holes were drilled to depths of 0.45 to 9.40m, for a total of 35.8m, from which 41 samples were collected. Available equipment was not able to penetrate beneath a shallow ferricrete horizon in the Ludzi river channel to test the assumed river sands beneath, and eight holes failed to reach more than 2m depth; new auger exploration equipment with improved ground cutting capability has been purchased and is currently being shipped to Malawi. The other four holes were drilled in saprolite on higher ground between the Ludzi’s tributaries.

Soil sampling was carried out in pits dug to 50cm (‘B horizon’) on a 500m staggered grid in four areas of the licence, producing 134 samples.

Sample preparation and analysis was provided by Scientific Services laboratory in Cape Town, employing two-acid microwave digestion and ICP-OES techniques suitable for multi-element determination and following strict internal QAQC procedures inserting blanks and standards. Internal laboratory QAQC was also completed to include blanks, standards and duplicates.

The highest TiO2 grades were returned by nine consecutive samples in a single auger hole (A6), drilled to a dep

Has anyone run the numbers on unit costs / SAS ? Of all the deals , this is the one I am least excited about TBH . I suppose it gets us great recognition in the tech world / especially with the IoT “crew” but I am not sure zero will sell anywhere enough units or that we get sufficient revenue per unit to make it a major revenue stream.

I see MKA are still active on Twitter . An update from the company would be most welcome.

good that we are firmly on the radar for Matt H - almost a silver bullet to fix this problem for him. Real shame it's taking so long but it seems we have time.

Sad but reality . It would have been amazing to have managed to get a test out when we had a captive audience . We could have made billions . The market won’t like this .

If you read the RNS properly , they say they will shortly start clinical validation , and the same validation can be used for the Abingdon process . Ergo - clinical validation for the BBI prototype HAS NOT YET STARTED . Black and bloody white .

The market cap rose from £40m based on the ability to get a rapid saliva test out to market when there is a huge demand. 5 months later - they haven’t started clinical validation . This will tank today . I hope I am wrong .