Member Info for cristalball

I am being serious . His twitter images show a childish and almost psychotic obsession. Get help mate . It really is pathetic .

Clearly a large portion of the late reported trades are sells mate . You need to check the spread at the time . It doesn’t drop on nothing . A lot of offloading today : I hope it’s just nerves.

Looks to be someone offloading. Gutted to be dropping under my 10 bag ..

Care 4 shares. I don't disagree with you, but you are talking about quantifying them, mitigation and risk appetite. The unwanted event , remain the same.

Have been clear all along. Nothing has really changed, has it? 1) test fails to work. 2) competitor product gets there first. 3) Covid 19 dies out.

Next Tuesday I think .

Don’t forget that it’s not just governments / or even one government buying. 200+ countries , 8 billion people . Businesses , healthcare providers , private individuals . ... South Korea have proven today that it can’t be contained. New Zealand and Australia will follow as soon as borders open .

It’s the newest form of GDPR . Will be a standard US disclaimer .

6.25p paid . Moving on very small volumes .

Very nice sample picture

Munchbox - ramping ??? Point out one thing I have said which isn't fact based? Let me help you with the evidence. (This is just REE related, i haven't even got started on the tech side of things, or their Uranium / play).
- MKA have more cash (US$7.4 million) than the market cap.
- There is an MOU in place for mine funding, which clearly references Songwe (Ref A).
- MKA measured and indicated resources are 20x larger than RBW at 21mt - TREO of 1.4% (Ref B).
- BoD / Partners hold 31% (Ref C) .
- There is going to be a supply squeeze on REE - (Ref D).
- Songwe will be easy to mine. Dr Scott Swinden (Senior Consultant Geologist) (Ref E) - listen from 1 minute.

(Ref A) - https://www.noblegroupholdings.com/wp-content/uploads/2019/12/FINAL-Talaxis-Chinalco-MoU-announcement-Mon-09122019.pdf
(Ref B) - https://twitter.com/flatracingmodel/status/1138009949756383232/photo/1
(Ref C) - https://www.mkango.ca/investors/aim-rule-26/
(Ref D) - https://roskill.com/market-report/rare-earths/
(Ref E) - Youtube - search "Mkango Resources PLC advancing Songwe Hill project in Malawi".

To value the bird in the hand, we need to know when we will get the two birds in the bush. Having been here since pre-covid, and taken my stake out on a 10 bag I am on a pretty hefty free roll. Whilst this wasn't a "Covid" play for me, the company's success (and SP for the next 12 months), clearly hinges on the Antigen test. My biggest concern has been the speed to market, i.e. Covid 19 vanishes , or a competitor gets there before we do. Based on the excellent research by some here - i can see that we should have a much quicker and usable test. Developments in South Korea today with schools yet again closing , show that we will be living with Covid for some time to come. Also, those countries that shut down the spread quickly (aka "did well") - will have very limited herd immunity (UK running at 7%) - so a second wave / spike is very likely for them. New Zealand, Australia and South Korea are prime candidates and a huge market for an antigen test. So.... to conclude, i am letting this one ride!

Worth reposting

From my perspective, i am interested in:
- Their financial position (which is solid - significant cash - more than MC),
- Plans to fund the mine - already agreed between Talaxis and Chinalco.
- The stake held by the BoD / Long term holders (31%),
- The supply squeeze of REE - will only get worse
- Genuine prospect of a bidding war.
- MKA market cap is HALF of RBW - but the resource is 20 x larger.
- Hastings Tech Metals (ASX) - is valued 8 x MKA (with the same resource in situ value).
- Open pit mining - quote "we can just take down the hill"
- Once we have a BFS - alternative finding can be pursued, IF the BoD determine it is the best option.

Three weeks takes us to the 31 May . Given the track record of the BoD , I would expect an early update if we even have a sniff of good grades from the sampling and mapping programme.

Fingers crossed mate . 13p fair value . First target . I’m holding until 25p .

It didn’t show on this site or come through via email . I got the shareholder one .

Jarvis - sign up through this website . Always been decent to me . £9.95 a trade .

Is anyone concerned that this is taking too long to get to market ? Genuine question. I came here pre covid based on Myles investment case - but things have clearly moved on!

Getting so closely aligned to Covid only stocks is a double edged sword . It’s given us a short term boost / 11 bag - but the holders now are generally only here because we are on the Covid radar . Yes it’s a game changer but please don’t forget Myles investment thesis was £20 a share and nothing to do with Covid .

The dream chasers were those buying at 60-70p upwards mate , following the herd , after the real value has been achieved.