Member Info for cristalball

Huge sell will pop up after hours, only explanation.

We have £7m more in the bank than yesterday , but as a company we are worth less. What is going on???? It's like the scene in the big short when they say 2+2 = fish.

Page 3 - second para under the org structure. https://www.mkango.ca/i/pdf/fs/2018-09-30-MKA-MDA-hh867sla.pdf

Yes GW - once the mine plan is created , they can earn another 26% if the full funding is secured and they cover any equity interests . We are left with 25% of Songwe with a free carry . Dont forget we also have 100% of the Uranium and Nickel licences - even though they are held by Lancaster (BVI) which Talaxis hold equity in - they are clearly 100% in trust for MKA as per the ARA .

I thought I had seen it all .

This should be 25p using even basic valuation methods .

Indeed - it's been a slow and steady journey from 4p . Time for a pop I think . Well done everyone .

And..... BOOOM.

Not showing here - link ?

A final comparison to Hastings Technology Metals - JORC ( measured and indicated) resources total 12.5mt at 1.25% -( 0.15mt TREO ). Half the size of Songwe Hill - ASX:HAS market cap is $110m. Ish . Or >10x. MKA. Massive disconnect .

Lynas - based on recent (measured and indicated ) resource upgrade have 29.5mt at 6.7% (1.97mt TREO) we have 21mt at 1.4% . (0.30m TREO) . So they have 6.5x the resources. The recent takeover offer values Lynas at ($1.1 bn). Obviously they are in a very different phase of the lifecycle . Our market cap is ($10m). On the same asset multiples Songwe is worth ($167m - so 25% carry is worth $42m. ). Don't forget this offer has been seen as a real low ball .

Easy . 22p per share should be the absolute lowest value for MKA . 25% of Songwe is implicitly/ market valued at £7m. We will have 51% post next tranche of funding . So that's £14m. Plus around £9m in the bank , that's a CASH - asset market value of £23m . We also have uranium and nickel assets / projects and a valuable research and development vehicle in Metalysis . If you throw in a token £2m value for them - that's gets you to £25m.

"That renders the new agreement meaningless." - Client comes to us and says can you please give me a volume discount going forward, i am looking to order 10x the current level. How is that meaningless? Do companies generally do that for the sake of it??

22p per share should be the absolute lowest value for MKA . 25% of Songwe is implicitly/ market valued at £7m. We will have 51% post next tranche of funding . So that's £14m. Plus around £9m in the bank , that's a CASH - asset market value of £23m . We also have uranium and nickel assets / projects and a valuable research and development vehicle in Metalysis . If you throw in a token £2m value for them - that's gets you to £25m.

Someone dumped 300k in 3 tranches at 08:59 . Could be some warrant profit taking . Who knows . Sit tight . Cash coming !

Well done this guy for holding less than an hour !!!! This is why most PIs lose money on aim . 08:51:07. 8.00 3,854 308.32

What is going on here ? It’s like the company value has no link to the actual facts .

showing your standard of education there Nickel.

Indeed mate - been sat here since 6 months after we floated here . Nickel below blatantly has no knowledge of the business , the asset or the history . Pathetic really . See you at 20p

Are you intending on selling now ? If not / who cares ???? Buy more ! The resource has been drilled . Just sit back .