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I’ll take a penny a day I can tell you that.

I’ve gotta be honest, I can see a situation where the BFS lands and we go up just 1p and then down half a pence by end of day. And I can also see us shooting up to 40p. I’ve seen great companies release news and go nowhere. It never seems to make sense. There’s scope for this company to get up to a pound if the BFS confirms a strong enough route to finance. The only certainty, thankfully, is that we’ll know a lot more this week. And we’ll have a much better view of this companies concrete future plans and profitability.

Keeping a keen eye now. Encouraging to see this getting back towards sensible value before news and the buy pressure is clearly indicative. Fingers crossed this continues for all of us. I’d love to see late 20s before any news. Come on Mkango!!

That’ll do. Immediate 8% recovery which I can see improving over the week they’ve just bought themselves. The market now has a short timeframe with which to expect high impact release, so buy pressure should increase. I’d love this to get back to 25p before the BFS hits. Then we’re off to the races over the next few months. It’s happening. Slowly.

Of course we still have a trading day, but unless we get some kind of update soon this company are at risk of a serious slide. I can well appreciate the magnitude of what needs sorting out behind the scenes, and we are privy to so little of it, but this company need to get their ducks in a row pronto or sentiment will start to depart. Personally I would have expected the BFS (bankable feasibility study) to have been available feb / March. I’ve waited because I believe in the fundamentals, but we need news now or the fire dies. I still believe their are eruptions behind the scenes here. There’s too much going on globally and we have such a valuable and timely resource. All will be revealed but patience is running thin now.

Here’s a bit of fun… if the BFS dropped tomorrow, what material impact do we think it might have on the SP? 10%? 20% increase? Or will it be a case of stead increase to mid-30s over a month or so? I’ve been here before and been seriously underwhelmed after much anticipated news in other companies.

Let’s hope there is news. If they miss their own deadline the market won’t like it. Those precious seconds are ebbing away this quarter.

It should be a very telling week. Good luck to all of us who have backed this one. There certainly does seem to be the makings of a fine company who will play a major part in a cleaner future. Let’s hope it’s only a few more tics and tocs before the clock strikes boom.

Looking nailed on for news next week I’d say. Friends and family getting their savings into this today. Back past 25p today please.

Certainly feels owed. It’s always hard to see a share you believe in slip and slide but we all know a rerate is due if the business keeps moving in the direction it is. It’ll be extra sweet for those of us who have believed in it for so long. Sit tight people. As soon as they unlock what’s in the ground we’ll be looking at multiples in short order.

Tic tic…..

What was Fenix amount of shares in Issue and debt position across this timeline? Anyone know?

Completely agree Lewis. PhenomenaL time for MKA. The infrastructure and pedigree is impressive. Scientist led. What does worry me is that the timing is so good there may erupt an internal battle as to who the best international partners are. With China clearly worried about supply chains I do wonder whether Mkango have a moral line on taking an ethical deal over a lucrative one. Guess we’ll see over the course of this year. I’ve watched Gangfeng steamroller western lithium investors and I’d hate to see the same here. Just look at the conversation erupting around Taiwan semiconductors today. With great opportunity also comes great risk. Let’s hope the Mkango board are team players.

I did. No revelations. Competent presentation if a little dry. Still promising BFS in June.

News in the morning?

You’d struggle to cast a negative view on this picture. Bull absolutely killing it. Momentum building. Getting very comfortable with the idea of 5 years + here. Maybe longer. What a company.

Great news. Loving the mention of expansion into the US. More working capital as we near feasibility study release. Company is about to have its pivotal year. What are peoples views on this? I’m looking for 25p first half of this week.

Lifelong. :(

Wents, are you my mum?

No news until 30p please. Let her climb..