Member Info for Tufftrader

Lots of news hopefully in quick succession. Genie went from 2/3p to 23p that year. Less shares but still, anything can happen depending on a number of factors. If we can sink this low on positive forward motion, imagine how punchy the rise could be when we start pulling it out of the ground. I see 2p within 12 months. 5p within 24, and long term god knows. This is only if all goes to plan. And there’s certainly No guarantees of that. We’ve paid our money, let’s take our chances.

I do wonder if this war(s) is now the determining factor in this investment. If Russia wins, and if Israel gets consumed by the Middle East, and if Africa look toward a new and possibly more powerful east for alignment, this will never fly. Will Africa wait to see who the best allies are? It feels like the whole market will s suffering, but with Mkango especially, are Malawi blatantly using the macro geo political environment to add pressure to the deal? To me it’s starting to feel like the outcome of these wars determines the outcome of my investment. I do hope I’m wrong.

I don’t see why anyone would not expect to see this company above 10p by end of 2025. But what I’ve learned is expect nothing till it’s happened. I don’t plan to go anywhere before that kind of value is achieved.

Let’s hope so. We should have many rides by now but nada. I reckon we could have Ore coming out of the ground and still be falling. We’ll see..

24 hours and only three posts. I mean that’s a flipping record on this board! I don’t know what moves the needle here I really don’t. We have tonnes of high grade ore, permission to mine it and partners in place. And all we do is travel downward. You’d have thought the positive progress would have been in any way rewarded but instead it’s collapsed. I’m not just putting this share in the bottom drawer I think I’ll stick it in the garden shed.

max, where are we at with inferred/indicated at han****? is it still 10mt inferred?

And we’re down! I mean, who do you have to f€{k to get a positive movement in the sp these days.

Nice moves on this wind turbine project but has anyone asked Mkango when they expect this MDA for Songwe to land?!? MDA and finance or no circular recycling song and dance is going to propel us. Deeply frustrating waiting but here is where you make your money. If they can pull the MDA off and financing we are on a bullet train to £1.

*Rerate.

You’d have to put money on there being a substantive retake in the near term here. My average is 30p and I still think we’re loading up to leave even that in the dust. Fingers crossed everyone. What a beast here if they can get Malawi mining to play ball. 🤞

Top man, Tango. I still think there’s going to be substantial movement this year. GLA

Slated for this Q, but seems this might be a way off now. Have they confirmed they are no longer on target to miss these milestones by end of Sep? I’ve heard whispers on this board but no recollection of confirmation. Anyone she’d any light?

Goingtomoon - idiots you say? Haven’t you got a horse to hire?? Melt.

Max, any idea on the timeline for the accelerated DFS?

Cheers Bonker. That’s what I thought, but it says bfs in progress on the investor page.

I thought the BFS was done? Is that not part of the DFS? Grim waiting here… BRICS making me nervous.

Agreed Bladey. These permissions are just a stepping stone to sp movement. It’s the resource to unlock it all that matters. Still be nice to be over this stepping stone though eh.

Anyone noticed Globe metals are trading well below where they were pre-MDA?? Market is in the toilet.

If lotus get their MDA done soon it’ll be embarrassing for us. Two out of three signing means the third might be being unreasonable. Get this over the line MkA and let’s start working toward a better future for all of us. Including Malawians.

Where’s the bloody release on here then??