Member Info for munchbox54

Apologies. Read the message wrong Lewis. They managed to get £2m from Cotec with no problem. The mine funding would be obviously bound to the MDA but cash flow raise shouldn’t be a problem at all especially at current levels.

Not bound Lewis but certainly over invested. Still remain hopeful we get a huge bounce from here.

Ok so most of us are under water and in my case drowning.

Talaxis deal ? Where do they stand ?
CFO- £700k at 24p
TR1 investors? Honourable ones
Cotec - they invested in hypromag at a £15m valuation which leaves songwe at £20m or so.

Absolutely being robbed by the market. Hold your balls fellas …..or whatever is left of them. I’m certainly shook but holding out. Don’t have a choice really.

Reversal inbound I hope with a raise complete. I’m sure they are going to announce a funding deal within days so that should see us rise again. If not I’m off to live in Belarus.

My average is 23p. Hoping we can get there on MDA news. Mrs M is distraught about my investment but still gives it to me 6 days a week. :))))

No chance nen. Too many big investors here and even if they put a sale flag up they would still get way more than the sp right now. Time to buy n hold. Should see a bounce today and a blue finish. You heard it here first.

Glad you didn’t wait for 14s mate. Took some more myself at 16s. Happy to wait here. Obviously you don’t get governments falling over to be a part of your asset for no reason. Having said that management need a big size 13 up their …. To get a move on especially on the financial sides.

Bonker. U can never say never but 15p bid was hit this morning. Good buys coming in. No point waiting for another 5% -10% drop when these could put on 30% or more within a session or 2 from current levels.

It’s in uncharted territory at the moment and shrewd investors would be buying at these levels.

Good luck with whatever you do mate. We are all here to make money …..well we try to :))

Looks like we could end the day in blue. Wouldn’t bet against it.

Super. I mentioned before the £500k would be going. They can easily raise at current price or above. Nothing to worry about here. Emotions get involved no doubt but overall we are in safe hands and investors would jump at the chance to buy up a decent stake here. Looking for a bounce past 17p again this week easily. Stay positive folks.

Finally. The flush is on. This is it. Time to buy what you can at current prices. Everyone apart from some are under water including the the big investors. Kind of glad this is taking place as something needs to give. Takeover on the cards 90% I reckon. Interesting week ahead. !!!

This actually shows Cotec ambitions with investments 3x and 5x already apart from from Mka. For them to invest in Mka they must be looking atleast 3x also. It’s a long slug but trust in the asset is what’s required. Important week ahead. We need to break 20s. Let’s hope we start tomorrow with a stinking rns. I’ve let Mka Twitter team know what we think as investors so hopefully they will start to get the gist. Here’s to next week and beyond !!!!

Vascular. I would agree only if they were insiders or knew of the MDA delay. Any outsider wouldn’t dare do it especially with RRE & mka always in the news / tabloids.
It’s a fair point. Why don’t the directors buy ? Open market? Personally my rule number 1 is “ don’t trust the market “ so anything could be afoot but looking ahead mka seem too much of a professional company with people hoping to make big names for themselves from its success for any dodgy dealing of shares to take place. Remember it’s millions of shares they have been sold and with the last TR1 about 6 months after the trades took place I wonder who’s buying / selling the current load.

Parker, I don’t personally think it’s the Russian investor. This has been going on for about 7 months now with decent sized sells of 70ks 100ks and regular 50ks. I don’t understand how they can sell at these prices unless they purchased at 6-9p.

It’s very strange especially when we are on the cusp of such great news.

The MDA is going to take whatever time it does and I for one have hoped it’s sooner rather than later.

I just think this all boils down to a buyout. There’s no way we would be this low especially when the market knows what’s coming. I think it’s fine tactically to force sellers and also get Mka on the cheap. The funding issue was rns’d and how commercial banks were in talks …. Mka seem to have gone awfully quiet and it’s because something huge is in the background. Them banks could easily have come to the site on behalf of Totalenergies or the US via jonas group. There’s just too many big players involved with this asset / company and its nailed on to double / treble in price over time or a takeout which is my bet now.

If ever there was a time to use that MEL GIBSON emoji where the charge is onm and hes says " HOOOOOOOOLD" is required now more than ever.

looks like extra seling pressure today and if we can get throiugh holding 17p today we can fight it again come next week but make no mistake theres a seller out there in force and today just feels like a flush and hopefully will be the end of this seller.

in the meantime if we are wise enough we should realise this is a buying opportunity to average down.

Positive vibes yet again and loving the positivity being created however I don’t really wana “watch this space “ but would rather “ watch the trades” as buyers are required to push the price forward.

It is obvious Mka have submitted the full application documents for the MDA as management are not currently in Malawi so hoping for a blockbuster rns or 2 very soon.

Must admit I have been watching the sells over the last few months and millions have been sold with the seller accepting price ranges with a min of 17.5p, who could it be ? Well it could be someone who holds a large amount and have been asked to release stock in order to allow a possible takeover without having the power to block it.

It could be a forced seller however it must be someone with large skin in the game as by my calculations up to 3-7 million shares have been sold in similar amounts over the past 7 months depressing the price. That’s about 3-5% of shares in issue and there’s not that many that hold above 5-10% of Mka stock. Again this is only an assumption and something to ponder about.

Once we break 20p this time we all hope there’s a rally like no other and all it takes is one or two decent blue days to change sentiment.

Time is running out on many fronts and I really sensed last week we would see a breakout however with each day passing we get closer to the major newsflow we have all been waiting for.

Talaxis deal had a lock in period so it’s not them. Very interesting indeed. Either way there’s a change of guard going on and hypromag seems to be a company maker on its own, listing that as a separate entity is almost certain and a matter of time.

From today’s rns it looks like they are getting the legal formalities out of the way.

Still holding back company value adding info that only the insiders are probably aware of.

Looks like a takeover is on the cards here. Hoping for another rns this week as history shows MkA rarely issues one rns but in fact they issue them in 2s and 3s. Let’s hope we get further jv news on thambani or another jv agreement with hypromag.

Was also wondering what’s going on with the SCREAM project that involved major auto manufacturers and an update on that front would also be good. Come on mka.

Great find profit. Again we are getting confirmation that this is bigger than we think. There’s no way these guys are standing still whilst we wait.

As I said before, there’s so much happening behind the scenes and it’s only a matter of time. Patience folks.

Is definitely on the cards here. It’s something we have overlooked. Looking back now they played it clever from the songwe deal in order to capture in excess of 30% equity and could easily offer £100m or 45p costing them technically £70m to buy out MKA.

45p wouldn’t be accepted but they surely must have be eye on an offer.

Today’s trades show a few large sells and it’s obvious these were from earlier this week as traders bail out. However it would be nice to get some buyers here.

Really surprised to see it dry up like the Sahara desert especially after all the noises being made about a tsunami of news flow coming out.

Not long to go now. Share suspension pending a takeover coming real soon …..well it’s what I’ve wished for :))

Silvermaple. My dear investor lol. Relax. Read my previous posts. This is exactly how they want us to feel. Keep ur eyes on the prize. I can promise u it will all end very fruitful. Don’t get emotional. Just set alerts on your phone and enjoy your day ahead.

Malbright, agree the sentiment is taking a hit, although we must all remember that every single investor from Talaxis to the TR1 holders and even more so recently Cotec have all invested at prices ABOVE the current sp.

When you have all the big players investing and paying what we have paid gives faith that it’s going to be positive rather than negative. It’s obvious Malawi gov have realised that this asset had suddenly become in demand worldwide and would want a piece of it and rightly so. The fact we are valued at stupid levels gives further faith and even the worst outdone would still see doubling of the sp.

In a big way I’m glad we are not producing or have numbers to announce as you never know what surprise could pop up. Looking forward the £500k will only do so much and the penny will drop very soon, like yourself I’m very glad my average is 20% percent higher from here and on a positive MDA we could get a 30-40% rise but I have scaled that down in my expectations to a 20% rise which will
Take us to the mid 20s or so.

It’s only Tuesday and this week has that feel to it for me. I can see a movement happening this week and looking on the bright side we are closer to 20p than say 15p.

As I keep saying we need to keep faith …..there’s $6billion worth of goods in the ground so nothing to worry about.