Super , your tone has certainly changed somewhat surprisingly and especially after telling others I was trying to trade this share with my posts hoping it would influence others, my 21m followers r real :))
Why would COTEC come in at 27p ? Or HNW buy around 28-32p if that dates they fade if TRI purchases is correct ? Talaxis were forced to give up their rights in songwe, coincidence perhaps ? Pre-agreed deal with the US that didn’t want any type of Far East related involvement?
The proof is in the pudding and everyone makes their own choices. Ok …so they might have fallen behind on timescales but I can’t think of too many mining companies in Malawi that have submitted an MDA for such a critical mine of huge importance.
Rest assured them morning coffees are finalising the MDA on a daily basis. It’s not like Australia for eg where they must have hundreds of applications being processed all the time. This is a first for Malawi.
im loving your shares at 5p cristallball, maybe thats when it was working lol.
it would be nice for you to mention along with the costs that we have $6.7b worth of material thats there. kind of ,makes the money required chicken feed. bought a few more today, rude not to.
$500m ??? Lmaooooo. Where did you get that figure From? They only need $230m mate. Time for you to get your head out of the cristalball because it’s telling you lies.
Plz spare a thought. “ general miners “ that are digging holes in the middle of nowhere using millions in rig costs and then diluting investors on a regular basis then yes.
Having the most sort after material with a unique mine and excellent investors on board …. Then it’s no. I can see this turnaround this week and expect another rns this week.
These are the times to accumulate and be quids in when it starts to motor. There’s constant selling which baffles us all but we don’t know why ? Are these people exposed to other assets like crypto ? Or other positions ? We need to focus on mka and what Mka have to offer is amazing value even though we feel like it’s been forever. Cut out the market noise and add to your positions only if you can afford to. I don’t think there’s too many mining applications in submission for MDA approval so it will be quick from here.
Same number of shares bought and sold today yet we close down nearly 10%. Honestly I don’t think even God knows what’s going on with this stock. I mean they have suppressed us for min 7 months now. Let’s hope we make get an rns this week to keep this train moving at snails pace. :))
Great write up about the songwe potential and headline tabloid coverage. It actually confirms they HAVE offtake agreements in place and makes you feel like it’s only now that the full ministerial team is behind the project. MDA is coming fast here and this is one stock you don’t want to be out of when the newsflow drops. Also waiting on :
Rutile
Thambani jv
Hypromag partnerships
MDA next along with funding and offtakes. Can see these start to move fast. I’m still looking at a move to 24-25p next week. Not long left now !!! Check out the twitter write up. Sound very promising.
This is. Major issues. Hence the director sells. Lebanon have nothing to lose, it’s virtually bankrupt and will fight Israel as much as it can. Why did military accompany the drilling rig ? They know attacks are coming. Watching carefully here. Can see huge drift lower as funds that are up handsomely will look to exit as it could turn ugly on the seas. £7 my buy in price.
Veggy. I know that feeling mate. It’s been tough here to say the least but any sign of this getting an rns logged for the MDA and everything changes. All it takes is one DECENT rns. They have multiple deals under NDA in my opinion.
Good bounce today. Can see us finishing blue. Come on mka :))
bought another 51,786 shares just now.
made my mind up that they will actually fast track the mda as they have been waiting for so long and that parlimentary speechg looks a bit off if they dont get a move on.
also why i bought more was the finding rns could be announced anytime and doe not actually depend of the mda being announced but will be subject to the mda approval which is not a lomg time away, either way folks you must make your own choices and i feel todays selling early morning and yesterday was a large amount and as we move forward the sellers will require higher prices at tarders.
expecting 24-25p min by early next week and another rns of some sort. volume as picked up last hour. come on mka
Thanks for that GLR. Great posts on Twitter from you also. Keep up the good work.
Super , that’s my wish also bud. Selling that asset to then concentrate on the recycling plant and we would have the funds to establish more sites in Europe. Not to mention whilst selling the asset we would agree the offtake to process the material. Perfect combo.
super, are you serious? your now saying that funding for the most sort after commodity is a worry ? come on mate, where have you been all this time. Funding will never be an issue here and never will they raise equity at 15p is what you might suggest next.
the MDA needs to come and then the funding news, the rest is history and we can relax thereafter.
Agreed overnight. There’s a chance Malawian humour is unique :)
Unfortunately the selling continues, let’s hope some buyers pop up.
Feels like the 20s have become the old 30s.
Looks like yesterday we saw many 250k shares dumped. The fact they mentioned the submission of documents regarding EISHA is yet to take place is a kick in the teeth. We didn’t need that comment and they should have just let us all speculate and keep the hype going.
Again the fact we are going to allow buyers to get in at high teens will see the same result on any further positive news where the rns gets sold off. Unfortunately we are in a c r a pp market and this is going to be a long burn. I really hope they can turn around very soon and say yes we have the MDA because that is the rns next, it’s the one the market and it’s investors are waiting on. Obviously the rns has sugar coated the fact there’s some kind of delay in communication with the government etc especially with recent video of the minister saying he thought Mka was making a joke out of Malawi. So it’s not really all as easy as it seems. The bod are trying their best and we need patience. Unfortunately going forward it looks like we might get caught up on many red days that won’t help but atleast we now have formal numbers / value to go on. Funding rns can also come anytime now. Lots to be positive about Keep the faith folks.
Thanks for the vid link bladey. Is it fair to think that because they are only just about to submit the EISHA documents to the Malawi government that the MDA will not actually be anytime soon. Just asking. Only trying to work out where in the chain the MDA would be as I was almost certain it’s days away ….. maybe not the case now
There was obviously going to be profit takers ST here. Especially when you consider that many bought at 18-19p level only few days ago to then be offered 22-23p.
I’m
Glad they only announced the DFS and hope they build up the sp by announcing the news individually which will eventually clear out the sellers around current prices.
Really encouraging to see the bid move up to 23.5p this morning and shows we will motor when the MDA comes out. Today will clear out many traders and buys coming in today around 22p will want money 26-27p if they are ST traders.
So in theory we are on the way up although it doesn’t really look like it. Funding will be nearing completion and so is MDA. These 2 catalysts are 100% to be done before the month is out in my opinion and probably within the next 10 trading days.
We finally are seeing signs of Mka breaking out and the regular 10% moves it used to have are visibly getting better. The next rns will see these build up to 24-25p with a 20% min rise on the day.
Trust me folks ….30p is not far away. Keep the faith, and a little more patience. I say 30p because many would be far more comfortable holding with so above 30p than below 20p.
Ps. Who the h e l sold 250k at 21p this morning ? Crazy to say the least. Absolutely madness.
Exactly as I predicted. Rns was logged and as I mentioned Tuesday being ideal for news.
Here’s the catch. They have more news coming and MDA is very close. This is getting ready to fly. They are telling us about offtakes and commercial banks and we will get reminder in every rns until those big deals come in. 30p beckons by Monday when we get another rns. !!!!!
Decent day. Volume or not we got to 22.5p in the ask at one point which is very positive considering we were at 18p only 2-3 days ago.
Remember this market is fickle but all it takes is one rns that changes sentiment and creates value.
Following news is due and I believe been agreed on or signed off :
MDA is the king …
BFS
FUNDING of songwe and Poland plant. ( Germany ?)
Offtake for songwe material
JV agreements on Hypromag
USA embassy involvement through jonas group !!
Other NDA we don’t know about.
There’s more than just 1 rns on the way !!!
Tufft. You forgot the MDA. That’s bigger than the bfs. Also there’s banks on site so it suggests funding is done. The MDA rns will get a min 15-20% rise on the sp. So either side of your honesty I see that 25p beckons this week …easily.
Good luck oily. U certainly deserve your 60p if you want that. Longer term this stock is a no brainer. 45p would be great by end of next week.
Soooo glad it was not today. Nice little build up here. Sudden jump in volume / trades in the last hour. Looking good for tomorrow. Now let’s break that 22p ask by close.
To be fair we all deserve luck, some have more patience than others and some invest more but the end goal is the same, to profit from the success of the company.
I’m almost certain they have agreed funding also and will throw that in with the bfs first. Followed my MDA.
If they do the MDA / BFS / FUNDING all rolled in to 1 rns then don’t be surprised at a 50% rise.