RE: Feels like SOLG now26 Feb 2021 17:44
Hi.
William Dawes reckons an implied value of our 25% of £100-150 Million. This was back in October 2019 and obviously things have moved on from then in terms of rare earth prices.
If you haven't seen it yet i would suggest you watch his interview with Cruz Investor (it's on YouTube. Just search Mkango - incubating rare earth projects) - well worth 40 minutes of your time if you're invested or thinking about it.
What I love about Mkango is what a lot of people hate. They don't say much. Until recently via twitter they have been utterly silent for months at a time. A lot of this is to do with the fact that they've had no need to bump the share price in order to raise funds. In terms of Songwe, everything is covered by Talaxis - wages, overheads, paper clips, the lot.
As Mr Dawes says in the interview, 'We don't want to be in a position where we have to go back to the market AT ALL.' (my caps).
I love this company, as I'm sure Super R does and many others.
It's going to be an exciting year leading up to feasability on Songwe alone.
In the meantime, bring on the Rutile and good luck to all of us