Member Info for SuperRoty

I know nothing about a raise, but they will need money at some point for working capital to see us through to production. Any raise is likely to be well after the BFS which is being fast tracked and could be out shortly.

Management are well and truly snowed under atm negotatiating and finalising the BFS.

Price is being dropped to fill big orders as someone is keen to pump money into this share.

Yes they may raise but it will be a modest amount for working capital. The recent meetings were also discussing the plant and it will be financed by loan or partner.

More delayed big buys. Looking very good here. Reminds me of GGP while it slid from 2p to 1.5p before rising to 34p. I am holding. The Bod are heavily invested and have worked on this project for years. They won't throw it all away on financing the plant.

By the way all AIM shares slide on no news and the sales volume here is small. I was going to sell and buy back but the rutile results are imminent and I suspect they are a monster.

H2 will be exciting

Malbright

I feel for you mate, but this is a volatile share. It may well drop further.

Well done Munch.

I am tempted to join you.

https://twitter.com/MkangoResources/status/1405528981210763274?s=19

Just announced. Borders our license. World class and massive.

I suspect ours are just as good or better. Watch this space. Major news could be about to land.

I suspect the MM's are controlling the price. No way should it be fluctuating like this on a peanut volume. They do not want the share price to rise too soon yet. With such low free float this will easily reverse on the drop of a hat.

Yes, money to be made here. That's for sure.

The directors have been too slow and should have done a deal a year ago. Then this would have been much much higher.

Anyone worried about the financing for all of this see the RNS 18.5.18

· On Mkango completing a feasibility study for Songwe, Talaxis will have the option to acquire a further 26% interest in Lancaster, increasing its aggregate interest to 75%, by arranging funding for 100% of remaining project development costs, including funding the equity component thereof. If Talaxis exercises its option, Mkango will retain a 25% interest, free carried to production.

You need to look at Twitter and the meetings with Total Oil, US embassy and others.

1m buys from yesterday just popped up.

I am holding tight

I assume that a speedier lower cost version will be available, but as to timing maybe it will land in Q3 and not Q4.

I have fingers crossed and high hopes of an excellent outcome here.

Senetsa did they not build Hummingbirds gold mine?

Looks very positive to me.

The observant will see the mine constructors appear to be visiting Songwe

India, the US and other like-minded countries should come together topool their strengths and create a supply chain that is independent of China.To achieve an independent supply chain, countries need to make Rare Earth mining more commercially viable in a manner that does not cause irreparable damage to ecosystems. Significant effort should also be put into the recycling of manufactured products and byproducts of the manufacturing cycle. Currently, less than 1% of the Rare Earths consumed are recycled.Technology sharing and financial assistance from the side of developed nations will be key towards realizing the goal of setting up the alternative.

https://www.sundayguardianlive.com/news/china-monopolizing-rare-earth-supply-chain-using-tool-coercion

Didn't expect this drop. I am buying even if everyone else wants to get out. Quality resource with exploitation permit and provisional finance is enough for me. :)

Ops update looks promising

Omg. I hate these financing arrangements. Will they dump or aim to take this private.

The RNS could take awhile. Many parties are involved and any sign off will require a slot at a board meeting or government committee meeting.

The best thing you can do is buy and wait