Member Info for Sigas1010

I too, still have confidence, but Jesus.... this has reached new levels of patience and frustration. I'm sure the BoD are busy doing what they need to, the last few sticking points on the MDA must be quite the negotiation. You'd think they would all get in a room now and thrash it out... any finance lined up is not quite fitting the bill of what Malawi is prepared to accept.

I mean, everyone's patience has been tested to the max, but the upside on here is astronomical on several fronts. This will go mental in the next month or 2.

Welcome back! Hopefully the second best news we will hear in August!

Strange one to be sure as personally I'd never heard of Mkanga, never mind them operating in Malawi.

Can't really see how that's us, otherwise would've been RNS'ed. It will come though... and soon!

Malawi - Alex Lemon MKA and MOM Malawi both confirmed only a couple of points to sort... probably being inked by the legal team as we speak

Hypromag - expecting $20m or so grant from US, absolute chump change from the endless pot of cash they have aside for precisely this type of "pioneering tech". Competitors beware, try and get in on this with the knowledge you're up against $100m R&D.

No wonder the share price has gone up!

Just let that sink in.

On another note... I'm swaying towards the MOM comments being a lot more educated than they were in February, they are clearly a lot more involved than they were back then when the DA was dealing with it.

I have absolutely no doubt this is happening and happening soon. I think we will all look back in a few weeks and wish we had thrown the kitchen sink at this sub 10p. Everything is pointing to this MDA getting signed, sealed and delivered. The wait has been long and frustrating but it's about to pay off, big time. Throw in recycling news and we're permanently playing on a completely different park.

Is it just a coincidence that both sides have now said there are just a couple points to sort??

The dialogue coming from MOM Facebook page suggest the same as the presentation... this is imminent (like 1 or 2 weeks imminent) and still no change to the share price. When this lands, if there is a sniff of finance attached, surely it takes off like a scalded cat??

Should release the brakes

I'm still highly confident everything will come off here... just wish they would get the party started! I've got some more dosh on the table ready to shove in if it drops another penny... so, for now... not too bothered if it wanders a little more... surely news by the end of next week??

I get the feeling August is going to be fruitful.

Game on IMO.

Although now patience level 14 of 10.

Here he is, right on queue. After his "should I, shouldn't I" escapade. How's the bruise on the back of your head after the door hit you??

Has that link on LinkedIn been taken down or is it just me??

This is all cutting edge, you can't just rock up at the local rare earth recycling equipment shop and pick this stuff up. Exciting, once the blueprint is in future plants will be much easier to commission.

Gallmat, a quick Google of "Rare earths China" will give you a good understanding of how critical these minerals are. It will throw up stuff like China's grip/stranglehold, USA scrambling etc etc etc. I wouldn't worry too much about buying at the bottom...

Yep, agree. It looks like they've bought themselves some time, but not much. The difference is the MDA is now well and truly in play, if we see the low 9s I'll be buying again.

Https://www.gov.uk/government/publications/uk-malawi-development-partnership-summary/uk-malawi-development-partnership-summary-july-2023