Member Info for snkj68

I trust this means the old one will become feedstock for Tyseley?

I’m sitting on just shy of 1m shares across various accounts, & they’re not for sale for the foreseeable! To the moon!

Probably out for dinner at pizza express + an overnight stay at premier inn (including breakfast). I’m sure we’ll hear an update on how good the continental breakfast buffet was soon. I hear it’s they guarantee a good nights sleep or you money back

SP it does say in that document you've shared that the PFS was done in 2015...?

"13.1 EARLY TEST WORK (2010 TO 2018)

Extensive test work was completed prior to the commencement of the DFS as disclosed in the PFS report (150177-0000-30RA-0001 Mkango Rare Earths PFS Report Rev 00_12-02-2015) and other announcements."

Sorry my post below should’ve said strong buy*

If this accelerates any move from aim to NASDAQ then I welcome it. What a load of nonsense.

I’ve topped up in ISA & SIPP AT 28.50. Didn’t think I’d get the chance to buy in the 20s again so very happy to add to my long term investment

Was thinking this... maybe it'll come with the Tyseley announcement/unveiling...

Anyway, lack of mainstream coverage for now gives us the opportunity to keep buying before it really lifts off!

I can see any SPAC plans being delayed given the current market turmoil...

Https://www.bbc.com/news/articles/ce8v69ndmd5o

I disagree with this Fast - it very much depends on the type of investor. Some want to be more actively involved, others don't.

How Shishir / the board would feel about / react to a more active investor taking a significant stake is another matter... whilst the stock remains suspended it seems they hold the cards in relation to any new investment

Pub all i'll say is that your posts werent taken seriously as they were not positioned in a way that seemed genuine and thoughtful, only spiteful, condescending and troll-like, which completely undermined your credibility. The same can be said for Contrarian's inputs.

If you truly are what you claim to be - a good Samaritan who genuinely wanted to help people see this stock as a poor investment, then the way you communicate with people here really needs work - otherwise there's really no point in you dedicating so much of your time towards trying to help others in this manner. If you continue with the same approach people simply wont engage in the message you're trying to share.

Yes, perhaps i too should've tried harder - to see through your tone, jibes and repetition. i'll reflect upon this. I hope that you reflect upon the point i made above.

Do we think they held off on securing finance as the hope/expectation was that the long-delayed and substantial tax rebate would have arrived far sooner - resulting in them having sufficient liquidity and no need for finance?

I'm inclined to think this - rather than anything premeditated to undermine share price...

Good to hear from you WASA.

I'm inclined to agree with much of what you've written and am holding, may even average down a bit further if more promising news comes through - albeit fully appreciate risk of wipe out / significant dilution. Will continue to monitor closely

Indeed, a very frustrating state of affairs. It seems our debtors have us over a barrel now and its very difficult to see a positive outcome now for LTHs.

there's always hope we'll end off better than where were are now though, so the question is whether to hold on and see, or cut the losses here... At the moment i'm inclined to hang on

Yep lots of work and negotiations to do and we're not privy to all the info nor will we ever be - cornerstone investors and lenders will have their red lines and there's likely various clauses covering access to existing funding to factor in.

Management will be all over this - strategising and negotiating will be going on in earnest - all is not lost and a deal will be done at the end of the day, unfortunately all shareholders will have to take a hit but thats the nature of business and investing! long-term theres value to be had, particularly at current prices, but at the end of the day someone has to stick their hand in their pocket and the hope is that there are folk out there with the appetite to do so without putting the company and us over a barrel. I havent given up hope, but only time will tell

Theorist I think your post took quite a dramatic turn there!

My understanding is they’ve not been able to provide perfect information on costs and timescales because they were required to update the market via RNS as soon as they’d established a material issue with the project.

Rough estimates of time and cost overrun were provided in this update, however they made it clear that there’s a need to figure out exactly what is required and what they need to achieve it - at which point they’ll then will figure out the precise financial and time costs.

The new operations manager will be leading on this and an independent report will also be provided to reassure investors and potential debtors.

The latest update with plenty of photos and explanatory notes demonstrates how far the project has moved on. Previous photos available were no where near as detailed as those, so if any mining expert can share their views on this report then they would be appreciated, but I don’t place much value on speculation placed based in those previous images.

Let’s not get paranoid here, give it a few weeks and the project report will be available and we can start to make progress on sourcing the finance required to finish the job.

Genghis, i have a lot of respect for you as the points that you make are quite reasonable, particularly when you summarise them in an objective manner as per your most recent post.

However, i think - as HarChris alludes to here - sometimes your comments can be a bit blunt and come across as being deliberately so, almost as if you're deliberately playing down any positive developments / being somewhat insincere just to get a reaction from other posters.

Perhaps with a slight adjustment in the manner in which these shorter posts are presented/tone it may make for a less combative discussion - unless you are trying to be antagonistic... :D

Any word on the tax rebate?

Publican.

Again, its not that i dont want to hear negative posts, i just dont want to hear you say the same negative post again and again and again etc. Particularly when its clear there are many holes in your hypothesis.

I am confident this view is shared by the vast majority of those using this board, so rather than us all filter out your posts i think it'd be best if you just filter yourself. That way this board can actually be used what its meant for - to share news and different ideas.

Please be assured, everyone investing in this stock (and those considering it) will understand that there are different outcomes that COULD play out with this stock, including the negative picture that you like to paint. They have now heard MANY TIMES what you think will happen... they do not need to hear it again.

For the avoidance of doubt, i can confirm you've definitely had your fair share of time in the limelight sharing your "expertise" - now allow the board to have easy access to other people's ideas without having to wade through your spam.

(P.S. You seem to enjoy using inflammatory language and pointing the finger calling people "gamblers". It has been eloquently explained to you previously that there is risk involved in any investment and yes that is similar to gambling. There is more risk associated with small caps and junior miners - particularly those which require additional finance - and therefore yes HZM is more of "a gamble" than investing in a diversified blue chip mining company that is cashflow positive - but there is more potential reward too. Again, i expect anyone who is investing in these kinds of stocks understands this - believe it or not they do not need you to hang around stating the obvious every other day.

You're not clever for calling people gamblers here, quite the opposite - you just lose any scrap of credibility you might have had.

Please now pipe down for a bit. Cheers.