RE: What are you guys on???17 Nov 2021 09:22
Careful Roti , you might upset cristalbal by saying £1.25 because according to him there’s no chance of a 6 bag from here .... 4bag will do thanks.
It’s very obvious to read between the thick lines here and I don’t agree with the price increasing .... I believe it will decrease towards a TO do they pay a lower weighted price, personally it’s not the company they will offer but all of Malawi assets as MKA will concentrate on the recycling business and fully shift towards that side.
Mining is not fir them and the CFO participation in the last raise with 700k shares also validates insiders I believe are trying to load up without giving the game away.
Rutile results will not come in and Songwe bfs is just to buy time, As I said from the off , Talaxis only agreed knowing full well that those assets will be sold hence gaining financially from the sp rise and 100% signed a NDA with MKA not to release info of any sort of they risk losing their stake / inclusion in further deals.
CB says the price has gone ‘boom ‘ already .... for sure but then you have investors like myself and Malbright to name 2 that have a £5k swing with each penny movement so the difference between a 39p & 31p sp is definitely a discussion point for us.
The next 2 rbs announcements will paint a bigger picture but with 4 issued in quick succession I feel they might just go quiet heading in to new year where in my opinion the takeover will be done in mid January when everyone is fully back in office mode working clockwise to get things done.
The timing is key here, with the US / UK government involved I can not see them wasting time or getting trapped in December / Christmas period for such a huge deal.