Mkango Resources Share Discussion Threads

[oilisgold] 21/11/2017 21:14

Indeed the infestation is out of controll and we might need rat traps soon.

[thelung] 21/11/2017 18:56

The rats are feasting :-)

[elcapital2017] 21/11/2017 16:18

5p this week in my opinion. They dont seem to have gone to 15p like the bulls were saying......

[jamdan1] 21/11/2017 16:14

Talaxis regulatory approval will be very soon. Shareprice will respond then.

[1fox1] 21/11/2017 15:46

Time to come back on board ZIOC boys n girls. Nothing but fresh air down to 6p

[elcapital2017] 21/11/2017 10:39

LOL, so naive

[mally6] 21/11/2017 10:30

we will see read the rns nothing goes up in straight lines this is very cheap now

[mally6] 21/11/2017 09:04

Needs to clear the warrants take the oppurtunity to buy wont be hear long

[elcapital2017] 21/11/2017 09:01

5p by the end of the week?

[elcapital2017] 21/11/2017 08:36

Down again. I thought some MPs said this would be 15p?

[pre] 21/11/2017 08:29

wonder if those warrant holders will be exercising their warrants at 6.6p and sell as the current share price is above this level...just a thought

[thelung] 20/11/2017 21:50

Squeek squeek 😂

[elcapital2017] 20/11/2017 21:42

down again

[timw3] 20/11/2017 20:57

o/t MASSIVE after hours RNS at PREM

PREM $1b revenue pot vs £20m cap. small placing of 125m shares at todays close. that will be traded within an hour tomm.

ZULU is an absolute monster no doubt about it

PREM will go bonkers tomm just Like ZIOC and GGP recently have

[pre] 20/11/2017 15:07

Extract from 29/9/17 rns below - when can they exercise the warrants as per below anyone? tia

Extract from 29/9/17 rns:

The Placing

Mkango has entered into an agreement with Talaxis Ltd ("Talaxis"), a wholly owned subsidiary of Noble Group ("Noble") whereby Talaxis will invest GBP500,000 (GBP475,000 net of finders' fees) in Mkango to be completed by way of a Placing of 14,285,715 common shares of Mkango at 3.5 UK pence per common share. As a result, following the Placing, Talaxis will hold an interest of 14.5% in Mkango. Noble Resources International Pte Ltd ("Noble Resources"), a wholly owned subsidiary of Noble, currently holds 12 million common share purchase warrants ("Warrant") which entitle it to acquire one common share of Mkango at a price of 6.6 UK pence until December 30, 2018. Noble Resources has agreed not to exercise that proportion of its Warrants which would result in Noble indirectly holding 20% or more of the outstanding common shares of the Company.

On closing of the Placing, the term of the Warrants and of the services provided to Mkango under the collaboration agreement with Noble Resources announced in December 2016 will be extended to December 31, 2020. Also on closing, the term of the 1,200,000 warrants held by Zenith Advisory Services Pty Ltd. and of the ongoing advisory services provided to Mkango in respect of the Asian and Australian markets, will be extended to December 31, 2020. The Company will pay cash finders' fees totaling GBP25,000 and issue 714,285 non-transferable finders' warrants ("Finder's Warrants") to Zenith Advisory Services Pty Ltd. in connection with the Placing. Each Finder's Warrant will entitle the holder to acquire one Share for 3.5 UK pence for one year from the closing of the Placing.

The uses of proceeds from the Placing will be to commence Phase 2 R&D with Metalysis, in addition to continued optimisation of the Project, ongoing evaluation of additional opportunities and other expenditures.

The Placing is expected to close on or around October 23, 2017 and is subject to the receipt of all necessary approvals including the approval of the TSX Venture Exchange. The common shares to be issued under the Placing will be subject to a four month resale restriction under Canadian securities laws and the rules of the TSX Venture Exchange. An application will be made for the new shares to be admitted to AIM. Following admission, the Company will have 98,198,187 common shares in issue.

[deanmatlazin] 20/11/2017 10:18

After careful consideration..got out with 50% profit. Dont like the bad rumours surrounding it. Bought Thor Mining for 10 bagger soon. Fingers crossed.

[thelung] 20/11/2017 10:05

Squeek squeek 😂

[elcapital2017] 20/11/2017 09:53

timw, stupid but also dim, what do you want to know? I posted that when a stupid kid questioned me on my experience. Obviously he got shot down and was made to look a fool

[cudmore] 20/11/2017 09:32

Bank your profits and get into ZIOC before it’s next rocket upwards!