The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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.
No surprise this is coming out of the doldrums. An easy hold at 8p, even with all the bizarre off loading. I mean, we've had nothing but excellent news over the past few months and now looking really good to get the full hit "mine,refine, recycle". I reckon Santa's going to deliver each and every one of us a big bag of Swag.
From that post - Alex Lemon
“We are looking at a project where we are going to do value addition. We will build a chemical plant in Phalombe district so that we have a very high-value forex export for Malawi,” he said.
Maybe Mka involved in a chemical plant in Malawi??
Awesome to see, cheers Crumbs. The MDA was "apparently" dead and buried before the last presentation, then we were told point blank there is no reason we wont get it. Yet again, assumptions have been made, when in reality a lot is happening in the background on all fronts.
The Chamber of Mines and Energy in Malawi had an Annual General Meeting yesterday at Ufulu Gardens in Lilongwe. Here are the new Executive Committee Members for the Chamber:
President: Lotus Resources Limited (Theo Keyter), Vice President: Sovereign Metals (Frank Eager).
Council Members: Globe Metals and Mining, Lotus Resources Limited, Lancaster Exploration (Mkango), Bwanje Cement Company, Sovereign Metals Limited, Rukuru Mining Limited.
Congratulations to the new Leadership of the Chamber!
Not sure what baby he's referring to?? If it looks like a ground breaking, pioneering, government backed company that appears certain to break out in the States....... with Hypromag written on its tiny forehead I'll probably hang on to it. MDA news tomorrow, anyone??
Not sure what Malawi are trying to do, push out investment?? Make mining non-economical?? They could do with someone who has a basic understanding of Maths. Either that or plough a load of their own money in. Part of me would love the recycling to take the share price into orbit and Songwe go to the lions. All that time and money spent getting to this position and now Mka are middlemen??
Things dedinitely moving in the right direction with Hypromag and seems a bargain at this price, I do wonder how Will feels about his £35-40k paper loss on his recent purchase. Would be good to see Alex put his money where his mouth is after his bullish comments at the last presentation.
IPA, I agree. As management said at the last presentation there are very few projects world wide that are at the stage of Songwe. Pulawy makes the figures more attactive. If we can just get Malawi over the line, the "one stop shop" becomes a bit of a unicorn. The drop in share price doesn't make this any less likely to happen, the last update we had was "there's no reason that we won't get this MDA"
I'd imagine the BoD are just as frustrated as us about getting this over the line. Definitely back in the buy zone. We are the same company as at 12p only with what appears fully funded, nailed on recycling entrance to the states and some massive partners to get an unlimited amount of used turbines through the doors. What's not to like?? (Other than the share price)