Member Info for Finton

Ads a lot more uncertainty to the mix. I had felt that we were close to the MDA being finalized but now I can't help feeling timelines have shifted significantly. The minerals aren't going anywhere but I'd hate to see another raise being needed and at even lower levels. I'm ofcourse hoping to be pleasantly surprised.

Thanks Vascular.

After a brief read it look like quite a few more legal hurdles have been created before MDA can be approved. However, I am not by any means an expert in the level of legal waffle that's used in these articles, so definitely open to hearing other opinions on this.

I'm curious if anyone knows what the state is with the malawi mining act at the moment? Is it in a position where they can OK the MDA? Or does the repealed act still need to be replaced by a new act? Just wondering if I'm expecting an MDA or sounds from the Gov saying they have enacted a new law etc.

2 year old article though I've just noticed

Classic example of why Mkango is in the perfect position. Even though there are rare earth deposits in developed nations which could be extracted, the actual process of extraction is so unpalatable for the "sustainability/environmental" optics.
https://www.politico.eu/article/rare-earth-mining-project-greenland-eu-radioactive-uranium/

Looks like the market likes it

Indeed, changing legislation does not sound like a speedy process... 6 month delay from here? A year? 2? Any speculation??

I'm genuinely curious where this share will actually bottom. Never ceases to amaze me

That was my worry as well but I think the signing of the Globe MDA is a positive sign that Malawi are still doing what they say they are going to do. This is a nasty market at the moment. Fear is riding high, many great shares are being pummeled. This is when great opportunities emerge.

If I read that correctly they could have as much as 20% of the mine after construction. Keeping 80% of something is better than 100% of nothing. Not sure how the market will view it though

Looks like we already gapped up a little

It's not signed until it's signed. But that is another nice indicator that it's imminent. Just topped up a little more. I'm sure in 6 months we'll look back and think "I can't believe it was at 11p and I didn't buy more". (I hope that's the case anyway).

The carrot dangling is reaching all new levels with these Facebook posts. I wonder why all the positive words but such a significant delay. I'm backing this share 100% but the waiting is a killer. All new levels of patience testing

Only going in one direction until until MDA approval.

Those 2 '??' Were meant to be a laughing face

My view on the word "soon" is so warped now i still dont know what to think ??

All seems extremely positive

Interesting. What's the sub 10p figure based on?

Chunky sells today. Fingers crossed for the last of the churners

Feels like this isn't going anywhere until the MDA pops.