Member Info for SuperRoty

Another great announcement

I recall the estimated cost of production was around or just above the current price of WTI. Anyone thinking of buying in should read the old RNS's first as unlikely to be commercial unless oil goes around 60 dollars or more

Yesterday's news was good, but this is a game changer. Anyone on the sidelines may wish to buy in quick. Rerate due.

Nice paragraph about visit in RNS

Mkango Releases Second Quarter 2020 Results and Provides Update on Malawi Government Visit to the Songwe Hills Rare Earths Project Site

London / Vancouver: August 28, 2020 - Mkango Resources Ltd. (AIM/TSX-V: MKA) (the "Company" or "Mkango") is pleased to announce that it has released the Financial Statements and Management's Discussion and Analysis for the period ending June 30, 2020. The reports are available under the Company's profile on SEDAR (www.sedar.com) and on the Company's website (http://www.mkango.ca/s/financials.asp).

Mkango is also pleased to report that the Minister of Mining, the Right Hon. Rashid Gaffar MP, visited the Songwe Hills ("Songwe") rare earths project on Friday 21st August, accompanied by a government delegation including the Ministry of Mines principal secretary, Dr Joseph Mkandawire. The government delegation expressed satisfaction with all of the exploration and development works at Songwe.

Hon. Minister Gaffar MP said: "I am impressed with the progress of the project, as well as the project's level of transparency and all of the Corporate Social Responsibility taking place. You are doing a commendable job; people here are full of praise for your work. We understand you have invested a lot in this project, therefore as Government, my Ministry will support you so that the future mining operation commences."

Principal secretary Dr Joseph Mkandawire added: "Mining is the future of this country, especially when we follow the trend where countries are advocating for use of clean energy. High strength rare earth magnets which will be made from the Songwe rare earths can be used to manufacture electric motors, which are used in hybrid and electric cars, as well as wind turbines to produce clean energy. Currently, the mining industry in Malawi only contributes approximately 1 percent to the national budget, but we want to support the mining industry fully in Malawi, to enable the industry to generate a lot of revenue and profits, so that it can benefit the country and its investors, and we can all benefit from the country's resources."

Mkango looks forward to working with the Government of Malawi to bring Songwe into production and to advance our other projects in the country.

Lek and Matd will happen soon and if there is no placing here, how will they get a return from their assets? This company has cost me a shed load and I was lucky enough to see the light at 1.8p.

Good luck mate. You might be okay if there is a bit of a pump.

Imo the company wants this low at this moment in time. Perhaps the directors want more shares or the government wish to buy into the project. Only a hunch.

The only thing coming here is a placing lol

SRES has recently obtained a mining permit. Their share price doubled. IMO this should do the same

No money left and new broker. Ouch. I will not be buying today.

Well looks like most of the market missed it, so we can continue to load up.

Looks like a placing coming

Not invested here, but would if they started to make decent profits after cap exp and amortisation. Very sound business but little excitement or interesting news. AIM thrives on news.

I have a very good feeling about this especially as we are under the radar of the VW Group, Chinese, Russians and the US. A buy out by someone must be on the cards.

Coz I am still hoovering. Thank you.

They have done this on several stocks. Maybe just maybe to some investors they are beginning to look like poor amateurish rampers rather than the respected experts they like to think they are.

Some big names on Twitter ramped this up for the placing. Probably paid to do so.

Main risks here are political risk and licensing risk.

However, managing have wisely diversified in the recycling project, which being largely financed by UK government grants, looks very very promising.

We will see. All depends on market forces and what they can negotiate. I will buy in like crazy after the placement.

The two 50k sells are my buys. Got a good price.

Regardless of financing options a placement will be required for working capital. I am expecting one soon at 2p