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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Mkango Resources Ltd | MKA | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 9.10 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 9.10 | 9.10 | 9.10 | 9.10 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 05/1/2025 20:41 by amelio Has that special fell about it this year. 10 years in the making, a shed load of R&D cash spent already and a technological war heating up adds the perfect backdrop. Get those feedstock contracts announced and the UK operation fired-up asap.Many see MKA as a mega-play for 2025. |
Posted at 04/1/2025 16:10 by loafofbread 300M shares and 25M 7p warrants so MCap £25M (25m offset by in the money cash at 7p.)The appointment of Cohen @ Co is a stoke of genius. The go to deal maker/fixer in the REM sector who will be looking at the substantial fees to be made on the Songwe deal. Fully expect our £25M of costs to be recovered as an upfront and then equity slice of listed bidco or income deal over next 20 years. Hypo to be rolled out to a few more countries on a 50/50 with zero investment from ourselves or an upfront and less % royalties. Can't think of any other share that has such the potential to double/triple over the next few months. Compare us to Phoenix Tailings in the USA that has a market cap of over £120M and is only at the idea stage. As mentioned before MKA is just a buy and hold up to 40/50p this year imho. |
Posted at 04/1/2025 00:22 by cyberbub For anyone looking in here for the first time at this (at 10p) £30m-cap company....Mkango have spent the last 10+ years exploring and developing the large rare earths property called Songwe Hill in Malawi. The project is now fully permitted, government carry and royalties agreed etc. Songwe's NPV is over $500m. A successful US broker has been taken on to organise a 'transaction' to get value from Songwe in the next few months. They also have several earlier stage projects in Malawi. Finally, they are planning a rare earths separation plant in Poland which could process concentrate from Songwe or any other REE mine. Mkango also have a revolutionary, low-energy rare earth magnet recycling technology under exclusive licence. They own a small UK plant starting production imminently, they will shortly own 80% of a slightly larger German plant (due to start operations in 2025), and 40% of a 10x bigger US plant (due to start production early 2027). Capital funding is non-dilutive to MKA shareholders going forward. Total NPV approx $300m in the initial phases, but expansion is planned in the medium/long term. All for £30m....bargain! No advice intended, DYOR etc |
Posted at 02/1/2025 12:07 by barrywhit Looks like the traders are back in!2025 should be a very good year for MKA and CTH..HNY |
Posted at 26/12/2024 09:42 by homebrewruss Oak bloke video version of his MKA substack pick |
Posted at 02/12/2024 16:53 by cyberbub Today's valuation of Songwe, fully defined, FS'ed and permitted, has to be at least 20% of its NPV, IMO. Today that's officially $559m x 20% = $112m or £90m. Even assuming an extra 100M MKA shares were issued at some point, that's still 22p. And the NPV is based on concentrate prices that are 70% lower than today's, and another 30% lower than forecasts for 2027!!The lucrative Maginito recycling business, coming on-stream in just 2 years' time, is in absolutely for free! GLA DYOR |
Posted at 28/11/2024 10:06 by jarega85 US Venture is being fully funded by Cotec and we would have a free carry. Ownership of MKA would be 40% non-dilutable. |
Posted at 24/9/2024 07:02 by barrywhit Great to see MKA as part of another project...(Grant Funded) |
Posted at 16/9/2024 16:14 by barrywhit No action on the TSX for MKA so far today...saying that there never is a lot... |
Posted at 16/9/2024 08:51 by paulhopeful We could do with a statement, Topped up as MKA is not at fault. |
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