Mkango Resources Share Discussion Threads

[lewis winthorpe] 09/4/2024 08:10

https://tradingeconomics.com/commodity/neodymiumInteresting bounce on other REE shortage fears (gallium).Looks light it has bottomed out with improving economics for the rest of 24 and beyond.Beauty is the MDA is now secondary in my humble opinion, yet a good mine asset with a rising commodity price backdrop.

[loafofbread] 05/4/2024 15:03

MKA tweeting like the first day of spring!

Nice link to the BBC piece.

[lewis winthorpe] 04/4/2024 07:34

https://m.youtube.com/watch?v=icwGr0A1KUcWorth a listen if you haven't already, Cotec CEO (Primary MKA partner)Currently valued at 30 Mill. X10 too low at current MCAP. Value proposition many billions MCAP.Extensive newsflow re MKA project this year across US, UK and Germany. E.g. recycling partnerships location selection and revenue.Super exciting times (you will understand when you get to know CEO)

[lewis winthorpe] 03/4/2024 11:21

Market cap too low for this revenue generating business. X4 lower than peers. It will change once numbers start coming through this year and beyond.Added more today.

[ayesha4] 25/3/2024 11:40

Seems they will sell or downsize their interest in malawi

[lewis winthorpe] 25/3/2024 09:16

I've said it before. It is so important to not have all eggs in one basket in the REE space.The recycling aspect was always deemed as being usefull eventually but it had to be mining first.How times have changed.MKA are uniquely positioned here in the space while others scramble for mine finance.

[luffness] 25/3/2024 08:55

I am as are MKA.As for current pricing the price is what China wants the price to be...

[loafofbread] 25/3/2024 08:19

Good news imho.

Funding issue now sorted and actual revenues on the horizon plus a serious look at Malawi which we were never going to be building anyway.

[lewis winthorpe] 25/3/2024 07:48

Try thinking beyond today. Ndpr at all time low, more about timings from a review perspective focusing on 50mill per location recycle "initial" revenues.Recycle could pay for the rest while Malawi decides what it wants to do.

[luffness] 25/3/2024 07:42

So mine, refine recycle shortly to be just recycle?

[paulhopeful] 24/3/2024 11:33

From WhyAfrica: The government is in the process of signing a New Mining Development Agreement with MKango Resources, For their Rare Earth Project at Songwe Hill.. Sounds promising, Think HyProMag too is not on many people’s radar, glad to be aboard as this looks way oversold to me, for such interesting, useful, and valuable projects.

[loafofbread] 23/3/2024 09:10

First time for yonks some serious buying hasn't resulted in the matching selling routine.

Most of the buys kicked in after the US opening so will we get lucky on Monday?

One of the most undervalued plays on the market.

[lawson27] 22/3/2024 16:24

Starting to look better now, bouncing nicely, GLA

[lewis winthorpe] 20/3/2024 09:01

https://events.6ix.com/preview/cotec-market-update-2?utm_campaign=When+Event+Replay+Available+Email+to+registrants&utm_content=%5BCopy%5D+When+Event+Replay+Available+Email+to+invitees&utm_medium=transactional_message&utm_source=emailWatch it if you haven't already. The Magnito arm and partnership with Cotec are an absolute sleeping giant.People will wake up soon, all they see is a miner but its so much more. 1-2 years this will be generating revenues from recycling alone.Did anyone also pick up on the intent to merge all hypromag business partnerships under a global entity and float in the US. I know Mr Treger is an energiser bunny but he could see that happening in 2 years.

[lewis winthorpe] 19/3/2024 16:24

https://www.mining-technology.com/news/eu-approves-critical-raw-materials-act/?cf-viewMKA recycling in Germany H2 24. Polish processing plant DFS next year.All coming together. Expecting to see more interest here going forward and strategic investment

[luffness] 19/3/2024 10:24

That'll be the MDA the minister said would be signed by the end of 2023?

[jarega85] 19/3/2024 10:11

Great find Lewis. At first I read that as a 'new' MDA being signed as if one previous to it had been signed already with MKA! Lol

[lewis winthorpe] 19/3/2024 09:43

https://www.whyafrica.co.za/reforms-boost-malawis-mining/"In addition, the government is in the process of signing a new MDA with Mkango Resources for their Rare Earth Project at Songwe Hill in Phalombe"This is a positive chanfe/turn of phrase. It was always negotiating to this point. Now in the process of signing.

[parker2102] 14/3/2024 13:15

Sure, we could do with some govt support:
Australia Federal government to invest (A)$840m in Arafura rare earths ...
Arafura +77%

[lewis winthorpe] 14/3/2024 08:26

It's close, I can feel it....https://www.theassay.com/news/lotus-resources-receives-strong-support-for-kayelekera-restart-from-malawian-mining-ministry/Arguably MKA slightly ahead given the site visit in 23. Budget sign off soon with mining and tourism centre stage to raise growth.

[loafofbread] 05/3/2024 08:22

Decent buying all day yesterday and a few to start today.

Let's see how the week goes?

[lewis winthorpe] 01/3/2024 07:29

Last years were not released until 1st May 2023 for year end Dec 22

[jarega85] 01/3/2024 07:05

Where are the quarterly results