Member Info for Scoobydoo321

Mick - what did u just do ?

@Sparkyjc
The small trades are algorithmic bots trades.
I think they are mainly used for ETFs.

Should have done what ESC did today

RBG, Escape Hunt, Gym - all showing similar pick up trend

Trend reversal - long time coming

So bottom appears to have been well guessed by Munchbox.

Has already reversed in many other mining stocks.
MKA a wee behind.

Can not really compare to other RE stocks -
PRE - uncertainty over Saltend plant.
RBW - Burundi issue overhanging it - once that clears - they are off to the races.

And how the CTCs are responding to the treatment by taking samples of the same patient over time - this allows monitoring of the efficacy of the trialled therapeutics.

Now that's what I call a Right Angle

I think the assumption that vaccinations will be the end all of all pcr testing was very wrong.
Given the variants and how cagey other countries are, pcr testing for travel, in particular, will remain huge and there will be a drop thru into earnings for yrs to come.
Altho out of Sbi - glad to see it being recognised despite it's recent negative PI sentiment.

Sorry I meant < £1k value

Are those algo bot trades , i.e. blocks of < 1000 share trades ?
Not seen them here at Mka.

Basically nothing has changed
In fact, company's prospects have got even better.
RE prices remain excellent.

Less than 2 months - MKA twitters out -
Mkango Resources Retweeted
Margaret Sikwese
@SikweseMargaret
·
May 28
It has been a busy week and Thursday crowned it all! The visits by
@USEmbassyLLW
and
@UKinMalawi
together with
@KambalaNewton
serve to highlight the many synergies this project symbolises. Always a pleasure to be part of the TeamSmiling face with smiling eyes
#MalawiMining
#ElectricVehicles
#RareEarths

Since then - news on Polish JV + getting closer to BFS completion - yet SP has dropped back when RE were featured in the FT in Feb time.

They had a chance to do at 34p, 30p, 28p - I see little reasons why they would do it at these low prices.

Very surprised to see these prices again - insane opportunity to load up. So I have.

Strong support levels since Mar 21 and we are ever closer to:
- BFS
- US strategy with RE - hence the meeting with officials in May 21 including MKA
- Rutile update
- Polish JV RE processing plant

With trend in past month or so, you would have expected RE are no longer in demand. Madness!

bottomed out?

@ MKango Rare Earth UK Limited
Possibly to do with what they stated per RNS 7th June ?
"...Engagement with financial institutions is underway to accelerate development, and additional strategic partnerships, downstream developments and marketing opportunities are being evaluated."

Absolutely no issues regarding cash whatsoever

https://www.mkango.ca/site/assets/files/4820/2021-q1-fs-mka.pdf
Cash @ 31/3/21 - $3.66mn

Seems many other mining stocks have gone up since the Monday drop, yet MKA is still lagging.
Load up time.

Honestly......

Last time - the EIA arrived intra-day.

Monday mate - not today.