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Looks like it's still heading for a PP/Vox coalition next month, which would likely translate into permits for BKY.

Feijoo with 50% PM prediction. Spanish government is always about messy compromise, so Spain'll get one of the radical left or radical right with a role in government, whatever happens. The hard left have had 2 terms now and understandably it looks like the electorate's saying enough of their unhelpful chaotic influence. Can Feijoo box clever and get this right? Maybe agree a role for Vox in energy policy, including permitting Salamanca, that being the overdue, right and lawful thing to do. And it being Vox's policy. Feijoo and Vox could then more easily ditch some of Vox's nastier policies.

So this share is potentially a multi bagger in a few weeks.

Shouldn't PIs be all over this?!!!

There's appetite for cash strapped oil explorers drilling exploration wells with a

Worth keeping an eye on the polls.

https://en.m.wikipedia.org/wiki/Opinion_polling_for_the_2023_Spanish_general_election

Looks like PP will keep a good lead but not get a majority. They'd have to go in with Vox. Sanchez using that to try and get the leftist vote out in force. Interesting that Citizens and Podemos are effectively defunct now.

Perhaps a steady rise into late July then a spike up if the election delivers a PP led government.

It's high risk and there's no guarantee of permits, for sure. Good points well made easyp and you may prove to be right staying on the sidelines for now. Spain’s such a political shambles sadly.

Contrarian maybe, but now's the perfect time for a PI to buy a few imo. Bombed out SP. Perfect storm brewing. Strong possibility of permits from a favourable government come end July. Fall back of strong court case progressing in tandem and well underway. U bull market. U supply squeeze. Increasing support and acceptance of nuclear's expanding role in clean base load energy, IEA's strong criticism of naysayers, perfect project for the region's socio-economic needs, simple safe low cost high profit ready to go mine etc.

It's worth the risk now imo. The SP should rocket on permitting. There'd need to be a lot of headroom still at that point to warrant a PI buying then.

Https://twitter.com/quakes99/status/1664381931168088064?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

U stocks up strongly today. Bull market now. Cameco recommend John Quakes.

If BKY can get these last permits now (via a new govt or successful court case) the SP should really fly. The top up funding and off takes etc shouldn't be hard to get. Strong buy imo.

Malawi must be careful not to kill the geese that will lay the golden eggs. It would be a big mistake for Malawi to be too greedy in these negotiations. They could end up with no forex no mining sector and no investors. No point in having rare earths that stay underground.

Maybe the grant of options indicates MDA/ML news soon. Good they're exercisable at Feb's raise price and are tied to MDA/ML grant. I trust the usual restrictions on selling option shares apply and there's no incentive for MKA to concede points in the negotiation now just to get a deal done and get the options. I don't think there is btw but the thought occurred.

Poor results for the left in this month's regional and local elections bringing forward the general election to 23 July. PP polling strongly and if elected are more likely to permit Salamanca, or at least comply with the law.

BKY's strong legal challenge to permit refusal is underway in the courts.

The background is increasing understanding nuclear has an important role in low carbon energy, and that uranium shouldn't come from Russian sources.

All points to a strong buy imo.

Nice language from Linfield. Success in Malawi. Positioning for mining. Looks good.

Https://mwnation.com/govt-guards-against-exploitation-in-mining/

This article referred to the Bank a/c point GLR1990. Basically Malawi want exports proceeds in Malawi bank accounts. MKA don't. Malawi has a chronic fx shortage. One question I imagine the lawyers are fighting about is to what extent and how fair is it for Malawi to use the MKA/Songwe MDA to help cure its general fx shortage problem.

Bonks that's a really interesting thought about US requirements maybe driving MDA terms.

Fantastic deal, great strategic move by MKA. First UK production targeted this year!!

Good to Lotus still going along too. Lotus adopting the deeply unpopular Paladin contract albeit with variations is probably a much trickier deal than negotiating a brand new MDA/ML. Malawi are trying to recoup significant Paladin losses there. No such baggage for MKA. So hopefully MKA's MDA is ahead and imminent and everyone's learned lots from the Globe deal so we really do get a win-win.

The softening sp suggests no ii is buying let alone amassing shares

Bacchus still advising I.a. to defend speculative t/o bids.
Being paid in shares still.
Patience still needed imo.

There seems to be no equivalent SPP for shareholders on AIM as for ASX?

Hope Villa's form rubs off on MKA...

Time for a bit of shareholder activism from the Brimacombe bunch?

Remarkably interesting read for a project in the long grass.
Encouraging that the cash balance is strong, as is the legal case and that it's before the Court now.
Time to listen to IEA's sharp criticism of Spain and others being cold on nuclear and over reliant on Russia?
Ribera et al will doubtless continue to flout the law and pursue their extremist ideology for now, but the upcoming election might see them removed.
Noteworthy that BKY make much of its clean tech/ battery metals Plan B in these quarterlies.

A tad warm for rioting in Spain atm imo

The softening sp is a bit depressing. The Minister overpromised and the GBE deal has underwhelmed the market. Changes to the legal and regulatory framework may also be causing uncertainty, but it seems to me the fundamentals across the MKA business remain solid. There's also been no specific indication that the Songwe MDA and licence will be delayed because of any changes (and there's been no RNS). So I'm holding firm.

Ps I don't agree with the comment here that DWF/Trinity might be causing unnecessary problems. And MKA will not have written a blank cheque for their fees either.

Selling drying up maybe/hopefully? Low volume today.