Member Info for munchbox54

Must admit tufft this is starting to get depressing …..But that’s what the market wants. We all know what’s coming. Remember it’s Malawi…Uk /US are all over them. This is what shares / mms / the market does to you. When you find that 1 opportunity they try to prize you out of it. I’m personally over invested here and glad I am, this feeling is exactly like the one I’ve had before as mentioned.

Yes we would love some positive action, once we break 20p on a leak or whatever then the wheels come off until 26p.

Personally they should have rns’d something about thambani since they said they were in discussions 5 months ago. Rutile still not told ? There’s definitely something huge brewing up in the background where it’s funny how they are not mentioning anything that will add $$$’ value to the company and its assets …..only programs and small funding partners etc ….. points to one thing for me. Takeover.

Keep the faith chaps ….believe me they will make you feel like you wana just take your money and run …buy more. Don’t sell. On a personal note not that anyone cares but I missed out on £135k profit when I sold out Ithaca, that’s like 5 years worth of wages…painful. Don’t let these guys fool you.

That’s what I want today on the ask because the sun is doing my nut in.

Few decent buys here and mms will rush this to 20p ask.

Come on mka

Experience is telling me exactly the same thing happened with Ithaca energy.

I held for so long and suddenly they went through 6 months of poor sp movement which forced many of us out before the 150% premium takeover offer came in. They were producing oil at the time so were making money.

Very similar feeling here, there’s obviously sellers which seems strange but one needs to focus on their assets and wait for the Boom to arrive. Remember the herd were buying these up at 30p pushing it to 39p.

The asset is safe ….. wait for your investment to pay off. There’s no way I’m making the same mistake which I’ve made twice before. Be patient chaps. There’s more going on than meets the eye. If the government’s could mention MkA and their interest then they would but it’s all nda bound.

Keep the faith. A turnaround here and we push past the 20s.

Tufft, I’m looking at the buys only. Reason being this has been sold down to 17.5p on 5 occasions now and that has become the absolute support if ever there was 1. For me it’s the buys coming in as obviously there’s been a seller and most recently the 140k shares sold at 17.5p 2 days ago. We need buyers to step in to push us higher and the funny thing about markets is buyers / traders buy in at higher prices to mirror price momentum.

20p has to be broken tomorrow and I really hope we settle in the mid 20s before the major news lands because current levels are criminal.

2 good trading days of buys going in but nothing to shout about yet, after looking at historic trade volume we need to break 50-60 trades in a session with good buy sizes to really release the brakes.

I can sense that this will now start to attract traders and I’m happy with that as it will push us higher and don’t be surprised if MkA release an all in one Jaffa that reaches the stars and give us a 40-50% jump on the news. Roll on tomorrow and another blue day !!

why not? went shopping and feel MKA is an absolute steal. not many but enough to add to the kitty. roll on thw newsflow and lets see if we can actually turn blue today.

Finally !!!

So let’s read in to this tweet :

A high commissioner is someone who is elected to protect and serve the best interests of the government (s) involved and his/her attendance / verification is permitted and accepted in the international court of law.

This is Fiona attending to basically oversee the MDA and make sure nobody is pulling anyone’s leg, she’s also there to protect the Malawi government so it’s a massive endorsement for her to be present.

For once the mining minister looks in awe and is actually pushed out of the picture which shows he knows his place when Fiona is about. Luv the suits n boots along with Fiona’s shoes but who the f is that guy in the t shirt ? Lmaooooo.

This now for sure looks like a done deal with the Mka president looking like a Cheshire Cat that’s got the cream and the RRE.

Roll on next week folks because the MDA had to be ratified by a high commissioner for it to be legally granted and Fiona has obliged.

Gosh the move up from here will be explosive. First stop 23p followed by 27 and then 32p. I’m looking at all 3 targets because once MDA is officially announced then all offtake deals will follow almost instantly in a number of rns releases along with funding.

The word BOOM comes to mind.

Profit - agree the interest is surprisingly low but let me tell you what experience says - I have seen it many times before where the price gets suppressed so much before a buy out. They clear all the sellers and because they price stays so low for so long they offer a 50-100% premium above the 50dma or over the last 60 day traded price, then the board recommends it because it sounds good, they all get paid handsomely with options / warrants getting paid off also in the process. So experience is telling me this is about to get eaten up and if it rises then be patient as the gravy train will most definitely text the 39p highs for sure.

Personally a take out of around 80p would get accepted in my opinion with hypromag still involved in the deal with offtake. Just a thought.

The two most required traits for successful investing.

Now is the most time where patience is required at is most, usually this kind of situation would relate to an oil company drilling a wild cat well with investors waiting for a casino type result ….experience will tell you we are lucky to be invested in a stock that’s on the cusp of transformational news that will set this company on the road to stardom ….it doesn’t happen overnight and I’ve learnt that the most hence the reduction in mood swings or expectation of desired so rise. We have the goods ….the world wants to buy our goods ….there is it practically no risk and we all are on the same boat as many big / important investors. Look at it this way …. We are just docked and getting the last checks before we offload the goods.

Hope your guys are all well and keeping steady !!! Roll on next week as each day passes we are closer to that major milestone !!!

Quickly would like to add that Cotec would have 100% seen the terms that are being negotiated before committing the £500k along with other investors and Tr1 holders.

Jonas group are moving very silently but be rest assured they are pulling the strings FOR MKA with all their political contacts.

finally if there was any hint of unfair treatment or any possible sabotage then talaxis would be heading out of the door first as they would have first hand knowledge of the deal on the table.

i still feel that someone like Totalenergies who have divested parts of their oil and gas assets and are cash rich would make a punt for the asset or the entire share capital as they have a very strong foothold in the african continent and it would be a great fit for their green strategy hence the name change from TOTAL to Totalenergies.

#foodforthought

first of all let me put somethings to bed here.

the up to 65% of the revenue is mine specific and its top do with the re-opening of the uranium mine which the government hold a stake also.

each mine will be subject to relevant tax and royalties and there is not a chance we will give 65% or anywhere near that since the us embassy is involved and political power that can sway Malawi government decisions.

This would put the mine up for grabs if mka thought the mda is not favorable and the fact the parliament speech mentioned THE ROAD IS COMPLETE to the mine site suggests that most of the main issues have been ironed out, remember malawi government are allowing for the uk, us, and the Eia to get involved from the off so there is no way they will suddenly do something drastic to go against them,.

finally the asset is huge, even though worst case we gave away 50% somehow or got stung the asset would represent many multiples of the sp once in production especially with our £37m current market cap.

The key for me is that the product need to be refined in a special way where only mka have the patented technology to do it so the ball is firmly in the mka court because no other company would assist if malawi decided to play ball.

stay positive folks, the penny is about to drop.

Tufft. The way I know of is it works very differently to normal applications.

Where one might put forward a huge file for any particular government to look at is one thing but an MDA is a serious of agreements with the government on solutions / royalties etc etc and basically it’s like a number of meetings / discussions followed by any information or file that might have been missed out until they all actually agree. The MDA has been in conversation since that parliament speech because the DFS was completely different to what the minister was talking about at the time. My opinion is there’s been a bit of info mka we’re lacking and we are in the final straight. Yes these things do take months but mka have been at it for months and it’s not like they are starting from scratch now. Hope that helps understand the process.

Ps. Can’t believe markets are booming yet we closer lower by 5%. Absolutely baffles me. Hopefully we get it signed off by month end latest I reckon. Many tabloids / official media outlets have covered makango now so we are definitely at the forefront of the next set of decisions. They obviously only needed £500k which voted happily put up at 27p so one can definitely start to think that funding would be announced very soon as 500k won’t last Long and they would most certainly not raise at current prices albeit another institution coming in around 25-27p again.

great find, actually it tells us more in then few lines then all the rns detail we got from mka themselves. theres been a few missed important bits of info that mka probably have submitted and for mka to be mentioned like this it feels very postive.

looking forward it seems as though the mms are having a lugh by dropping the stock 5% on peanut sells. im still very hopeful we can get moving north this week and beyond.

MORE importantly is the article also covers sovereign metals who are our neighbors and have made another world class discovery or as the article puts it "jackpot" which shows massive potential so w t h are we waiting on with our results? whilst they are chirning discovery after discovery and off-takes rolling in ....we are about 500 years behind with issuing an update on rutile although a fair argument is these should happen once MDA comes in.

honestly it baffles me, yes the heat today has got to me but im still confused as to why so many nda's are in place yet the price is static, the market knows right ? that is the rule isn't it? well i hope it does not know something we dont.

Also there has been a few deaths in the Malawi government in the last few days due to COVID so one must bare in mind the reason for slow process must be the COVID restrictions etc etc are probably still in place somewhat but one cannot help but think of how many MDA miners must have submitted that carry importance like songwe.

we have bottomed at 17p roughly 4 times now, there is no way it will break lower but it does need to get the h in to the 20s and higher, expecting 26p resistance to be attacked soon.

keep the faith, patience needed now more than ever.

appreciate the reply, am currently only invested in mka and like yourself im in a bit of crypto but its really sad here as many decent guys have invested over many a year and its real, years is a long time. i hope evryone makes money here. good luck seingred, maybe i will bump in to you on them crazy stocktwitts bb or some crypto forum. all the best and good luck, im off on holiday for 3 weeks on monday so wont be bothering anyone especially my wife :))

seingred. how r u bud? whats your postion here? i used to favour your thinking and practically you called this bang on each time that i can remember. wud like to know what you think about these going forward, NFA ofcourse :))

good point of mentioning the costs of an rns, surely MC must be close now or one might think jim will probably throw in the towel soon, to jim this can be classed as a side hustle because financially he can take this as a loss dare i say yet for MC and most of the holders its life n so to speak death that they gain from the sp.

one cannot help but feel excited about next week, the worst case is we do what we have been for the last xxxxxxxxx sessions but the best case or even a sniff of a [positive rns / mda or any funding deals and like fridays swift turnaround we will be off to the races.

kind of hoping friday was a little leak and that we get a nice monday morning rns of a a partnership for hypromag or a jv for thambani, im looking for the wheels to start gaining motion from tomorrow. come on mka.

Agree nen. It’s peanuts for sure but believe me when you get an alert and your portfolio adds £13k in value all of a sudden then it’s only fair to feel optimistic :))

Still hoping we pop 20p ask. 18.9p trades are all
Buys but show up as sells.

lets go folks. let thr rumours begin, few more buys here and we are in to the hardcore 20s lol.

so good to see a nice 5% rise after feeding on breadcrumbs. we need to push this through the 20s today. im personally going to forsee thkis :))

To be honest malbright06 ur lucky it’s showing up at all. The amount of trades being delayed, put through different days and times has been very controlled and definitely sneaky here for the last 7 months. I’m just glad we r invested in a legit business with real people otherwise this would have made the perfect hustle. Would like to see a push up towards 19p today but volume is low.

Super. Just want to make it clear I have a lot of respect for u mate regardless of what our opinions are. You are a very knowledgeable and informed poster with respectable views so what you say certainly gets my attention.

I went through a phase of being really negative about Mka but that was because I wanted songwe sold overnight so I can retire lol.

I have realised that things take time especially when waiting on a asset to mature and it’s not like a casino where I would put it all on red.

Let’s hope today can be the start of a kick upwards.

Good luck to everyone with the choices they make. Let’s all make lots of money on this Mka horse.