Member Info for cristalball

Updated presentation http://www.mkango.ca/i/pdf/ppt/Mkango-Presentation-Feb-2019.pdf

MKANGO ANNOUNCES UPDATED MINERAL RESOURCE Mon, 4th Feb 2019 07:00 RNS Number : 8938O Mkango Resources Limited 04 February 2019 MKANGO RESOURCES LTD. 550 Burrard Street, Suite 2900, Vancouver, BC V6C 0A3 Canada MKANGO ANNOUNCES 60 PER CENT INCREASE IN MEASURED AND INDICATED RESOURCES, INCLUDING THE FIRST MEASURED RESOURCE FOR THE SONGWE HILL RARE EARTHS PROJECT IN MALAWI London / Vancouver: February 4, 2019 - Mkango Resources Ltd. (AIM / TSXV: MKA) (the "Company" or "Mkango"), the rare earths exploration and development company focused on Malawi, is pleased to announce an updated mineral resource estimate for the Songwe Hill Rare Earths Project ("Songwe"). · 60% increase in total Measured and Indicated Resources to 21 million tonnes ("mt"), including first Measured Resource estimate for Songwe · Majority of the previously delineated near surface Inferred Resource upgraded to either the Measured or Indicated categories · Key objectives of 2018 drilling programme achieved, with the updated resource underpinning the ongoing feasibility study · Approximately 95% of the Measured and Indicated Mineral Resource blocks are less than 160 metres ("m") below the surface of the hill indicating that the majority will be accessible by open pit mining · Updated and enlarged resource underpins Mkango's strategy to be a long term, sustainable producer of neodymium, praseodymium, dysprosium and terbium used in permanent magnet motors for electric vehicles, wind turbines and other clean technologies · Publication of the NI 43-101 Technical Report in relation to the resource update will trigger the next £7m milestone investment from Talaxis to fund completion of the feasibility study Cut-off grade Measured Mineral Resource estimate Indicated Mineral Resource estimate Total Measured and Indicated Mineral Resource estimate Inferred Mineral Resource estimate Base Case 1.0% TREO 8.8 mt grading 1.50% TREO 12.2 mt grading 1.35% TREO 21.0 mt grading 1.41% TREO 27.5 mt grading 1.33% TREO TREO: total rare earth oxides based on total La2O3, CeO2, Pr6O11, Nd2O3, Sm2O3, Eu2O3, Gd2O3, Tb4O7, Dy2O3, Ho2O3, Er2O3, Tm2O3, Yb2O3, Lu2O3, Y2O3. Grades of individual rare earth oxides are shown in the appendix. 4% geological losses applied to account for voids. William Dawes, Chief Executive of Mkango stated: "All the objectives for the 2018 drill programme have been achieved and we are very pleased to announce this increased resource at Songwe. This provides a solid platform for completion of a revised mine plan to be incorporated into the feasibility study. Based on the larger Measured and Indicated Resource, the feasibility study will evaluate opportunities to include more tonnes into the mine plan, expand operations, extend the mine life, reduce the strip ratio and therefore reduce mining costs." The updated base ca

Have you researched ??? You mentioned that Bosch are using Helios this morning . :-/.

calm down on the ramping mate. i love some enthusiasm but its a bit OTT. most of us have been here 3+ years.

Come on... Every warning sign in the book was flashing red here for about 2 years. It's not AIMs fault "investors' can't see what is in front of them. If you had more than a small fraction of your AIM portfolio in here, then you shouldn't be investing. if it's worse and you had money in here you couldn't afford to lose in a flash, you shouldn't be investing at all.

As soon as the updated CPR wasn't delivered, and was never mentioned again you should have started to question things. Followed closely by confetti shares being issued to shell companies "partners" that couldn't be located even with substantial DD. All downhill from there.

I made a post about 6/12 months back, listing out all of the false statements / claims they had made - it got deleted as you lot didn't want to hear. I got a ban for 3 days from posting. you lot all lost your money. well done LSE.

What's the realistic range here on a deal ?

That’s why - recent RNS from SRT . Same revenue , 10 x our market cap . STAR board are ultra conservative, never publish potential revenues , thus PIs don’t get excited . I know which one I would rather be holding right now though !

These three contracts in the Middle East, combined with the three system contract opportunities in the Philippines worth up to £152.0 million, represent a near-term system opportunities pipeline of up to £212.0 million. Should these contract negotiations be successfully concluded, then each of these potential primary system opportunities, which the board believe are in the final phases of negotiations, are expected to be delivered and completed over a three-year period based on multiple pre-agreed milestones. It should be noted that each project has its own delivery timescale, which varies from 6 months to a maximum of 36 months. As well as these near-term pipeline opportunities the Company has a number of longer-term validated potential contracts worth a further c.£202 million, such that the Company's total potential validated systems opportunity is currently worth a value of £414.0 million. This pipeline is made up of both new and existing customers. The majority of these sales opportunities are direct with government entities and are driven by a combination of national security and fisheries management concerns, some of which are provided with further imperatives by international and regional regulations suc

Great news - the big DD items will all be completed , this is most likely fine tuning commercials. Any major issues and they would have walked away weeks ago .

I can see the financials - I guess the only difference is these pipeline claims . Agree it will be mega if even a quarter of these materialise - it just seems very very rampy to me by the BoD .

Guys - i hold STAR paper and SRT are often used for valuation comparisons (our revenue is the same , we are 1/10th of your MC) . I read through the placing RNS today and frankly I was a bit shocked with the wild statements and claims the BoD make about the pipeline . Is anyone worried that the SP is supported by these claims which frankly are difficult to substantiate, and can they really be fulfilled by a company who have $6m of revenue ? It all just seems a bit pie in the sky ..... These three contracts in the Middle East, combined with the three system contract opportunities in the Philippines worth up to £152.0 million, represent a near-term system opportunities pipeline of up to £212.0 million. Should these contract negotiations be successfully concluded, then each of these potential primary system opportunities, which the board believe are in the final phases of negotiations, are expected to be delivered and completed over a three-year period based on multiple pre-agreed milestones. It should be noted that each project has its own delivery timescale, which varies from 6 months to a maximum of 36 months. As well as these near-term pipeline opportunities the Company has a number of longer-term validated potential contracts worth a further c.£202 million, such that the Company's total potential validated systems opportunity is currently worth a value of £414.0 million. This pipeline is made up of both new and existing customers. The majority of these sales opportunities are direct with government entities and are driven by a combination of national security and fisheries management concerns, some of which are provided with further imperatives by international and regional regulations suc

Jeeeesus - I would encourage you all to go and read the detailed project update they sent out today . That’s the only difference between STAR and SRT , and how you get a company to a £46m market cap . “May result in potential orders of up to £152m””. WTF !?! I have never read such a pile of ramptastic drivel.

@JubCapital - Hastings Technology Metals #HAS is a good comp. for #MKA. #HAS have 21mt @ 1.17% TREO in measured, indicated and inferred vs #MKA's 18.6mt @ 1.38% TREO indicated & inferred (pre resource update). Market caps A$116m (-50% in 1yr) v £10m. #HAS completed DFS.

Nice .

Receipt of Funds
Thu, 31st Jan 2019 13:48
RNS Number : 7170O
Starcom PLC
31 January 2019
31 January 2019

Starcom Plc

("Starcom" or the "Company")

Receipt of down payment from North African Distributor

The Board of Starcom (AIM: STAR) is pleased to announce an update on its North African distributor agreement, details of which were initially announced on 7 November 2018.

The Company has today received a down payment from the distributor for a significant portion of the initial $1.1 million order, which is for the delivery of the Company's Helios Advanced units, together with BIO CAN fuel sensors. This is the first time the Company has deployed this technology in a major project. Delivery of the products by Starcom is due to commence after receipt of a further amount by the customer and the Company will provide a further update once this has been received.

-ends-

High volumes of resource and presence of hydrocarbons confirmed at conventional flow rates

In the last 3 trading sessions . Same MO , that’s not PI behaviour. I would suggest positive news inbound .

Share Price: 1.525 Bid: 1.45 Ask: 1.60 Change: 0.275 (+22.00%)

Just to clarify , 10p is a fair valuation given what we have . Check my previous posts for comparison .

Cash flow from Mengo . 104 targeting a known reservoir. Game changer .

Starcom PLC 29 January 2019 29 January 2019 Starcom Plc ("Starcom" or the "Company") Trading Update and Prospects Historical Related Party Transaction Nominated Adviser Update Further to the Business Update announcement of 11 January 2019, the Board of Starcom (AIM: STAR) is pleased to provide the following trading update for the year ended 31 December 2018 and an update on the Company's prospects for the current year. The Company's audited results are expected to be announced in late March 2019. The Company's preliminary unaudited accounts for 2018 show an improvement over the previous year: revenues for 2018 were $5.98m, an increase of 9.9% (2017: $5.44m) and gross margin was 40% (2017: 38%). Subject to final audit, EBITDA is expected to be a loss of approximately $40k (2017: loss of $193k). The revenue mix in 2018 improved on 2017, with the higher margin and recurring Software as a Service (SaaS) revenues increasing by 17.6% to $2m (2017: $1.7m), representing nearly 34% of total revenues (2017: 32%). The newer and more profitable products such as the Tetis, Kylos and Watchlock represented over half (52%) of hardware revenues (2017: 42%), demonstrating that the Company is becoming less reliant on the original, lower margin, Helios products which had dominated the Company's revenues in previous years. The Board expects this trend to continue in 2019 and beyond. As announced on 11 January 2019, there was an unexpected delay with one large contract with the Company's North African distributor worth $1.1m. Therefore, only the SaaS revenues from this contract will be included in 2018's results whereas the hardware revenues are now expected to contribute to 2019's results. The Company has now been notified that the distributor has received the first payment from the governmental end-customer and that it has already initiated the onwards transfer of the down payment to Starcom, so the receipt of these funds is expected shortly. Whilst the Company's cash position is currently constrained, the Directors are confident that, with the banking facilities that are available to the Company, it can meet its financial obligations even in the unlikely event of further delay in the receipt of the funds from the North African distributor. During the year, the Company continued to improve its product capabilities and the Directors consider that Starcom is now acknowledged to be amongst the technological leaders in various fields of tracking, monitoring, and IoT technology. Two new and promising products were successfully launched during 2018: the Watchlock Cube and the CropX Kylos, with the CropX Kylos also gaining certification by Verizon Wireless USA. Major technology upgrades released during the year included a new and longer-life battery pack for the Tetis, and various Helios adaptations, such as a CAN Fuel sensor (which enabled the Company to win the North African project). The upcoming