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A complete guessing game. Maybe they are that close to getting the MDA done they think they can survive until it lands. What we do know is that Will Dawes is sat on a 50% paper loss on his share purchase, which I'd imagine isn't particularly comfortable.
Think we deserve some sort of presentation or update to bring us out of the dark. Over a year since the last Songwe RNS that said "in the coming weeks". I don't blame the BoD for holding out, but give us something!
NySize... don't go in too hard on LWHL, I have been sat refreshing my phone for a good week now waiting on an update of his trading status, finally it came. When he said he would disappear until MDA news came along, I was honestly a little gutted.
Might be... but I'm sure I'm not alone when I say I'm sick to death of waiting... all that fantastic Hypromag news we've had and almost back in the 8s, it's just a drain now. Annoyingly MoM keeps casually saying "just a few things to sort" like they need to find a stamp or do a bit of photo copying.
I bet Malawi make Alex Lemon's eyes bleed behind closed doors! As said by others, it will come when it comes. When all the pieces finally fall into place, 2024 will be monumental here. Happy New Year and the best of luck to every holder.
Yep, in my mind it's a fully inked, fundable document by now, needing only a few tweeks, tweeks that are issues that the Malawi Government are sorting "We just have a few things to sort" has been banded about a few times. So, while it isn't MKA's deadline we are waiting for Malawi who have said YE. If it runs into Jan then so be it, not MKA's fault and maybe another 10p buying opportunity. I'm truly very excited about the prospects here.
I'm a bit more optimistic, but I choose to live in June 2024 where waiting for the MDA is a distant memory, the yanks have thrown 50mil into the US Hypromag pot, the UK plant is making money, Germany has just come online and the EU has stumped up some cash to chuck at Pulawy. Even living in the present, I see it as a bookies special where you can place a bet on Songwe running in the 6.10 at Kempton and you get your money back and more even if it comes last.
If they're really struggling, maybe they could enlist King of the Klondike Tony Beets to thrash out a deal, he'd have this one ironed out in no time. My biggest worry now is how I'm going to fill the 15minute LSE refreshing void at 7am with my morning brew that i've become used to over the past 14 months.... hopefully not with a 10 month financing wait.
Got myself a lorry load of popcorn for December, this all feels closer than ever now. Anyone saying this will trade lower than current share price is on drugs, at this market cap with MDA in hand and Hypromag news the sky isn't even close to being the limit. If it rolls into January, so be it. Another buying opportunity will present itself.