Mkango Resources Share Discussion Threads

[elcapital2017] 28/11/2017 10:13

5p very soon, wasnt fr off today!!

[elcapital2017] 27/11/2017 10:04

NOt looking good is it girls!

[varies] 26/11/2017 16:33

For what this is worth, I have looked again at the Norra Karr project (part of Leading Edge Minerals) and find that little seems to have happened there since a PFS in 2015. The cost of developing NK was put at US$313m and the IRR estimated at 20% p.a.
Comparable figures for Songwe are $345m and 37%.
LEM is concentrating on its Graphite and Lithium projects for the moment. It may be, of course, that European car makers will come forward to participate in the NK project in which case LEM shares should do well.

I have also had a glance at the Noble Group. Its financial problems are well known and it has been selling off oil-related assets at a great loss to reduce its debts.
The money required by its subsidiary Talaxis for the deals with MKA is very small in proportion to Noble's debts but Noble's bankers might prove difficult all the same. Receipt by MKA of this money, payable by instalments, would be re-assuring.

On balance I now find MKA shares attractive at under 8p, have bought a few back and may buy a few more. I suspect that some recent purchasers will sell their shares soon unless we see another surge.

[elcapital2017] 24/11/2017 14:12

As I said, closer to 5p than 15p

[pre] 24/11/2017 08:03

i was wondering when they would exercise those warrants at 6.6p...rns out.

[jamdan1] 23/11/2017 13:27

Another 100k buy just popped up

[pre] 23/11/2017 12:13

Mr 100k buyer is back!

[pre] 23/11/2017 11:34

On LSE thread..could be interesting:
riskassesor
Posts: 1,466
Off Topic
Opinion: No Opinion
Price: 8.25
View Thread (2)

MKA presenting todayToday 11:12Alex @ Geological Society - Bryan Lovell Meeting 2017

[elcapital2017] 23/11/2017 11:32

Falling like a stone now

[regandharry5] 23/11/2017 11:28

I think i'd like to get in, but don't really want to pay more than 6p. will I be lucky today??

[elcapital2017] 23/11/2017 09:49

Down again

[pre] 23/11/2017 09:13

forming a solid base around this level now...this does move very fast.

[blueball] 22/11/2017 16:50

Stay long.

[oilisgold] 22/11/2017 13:51

A fool with no common sense. Whilst the Mug punters are doing Rinse snd Repeat the Fool is waiting for 5p.

[thelung] 22/11/2017 13:42

With a negative P&L on your short hahahaha

[elcapital2017] 22/11/2017 13:38

Lol. I'm laughing at all u mug punters.

[blueball] 22/11/2017 13:15

10p finish here.

[thelung] 22/11/2017 13:00

elcapital201722 Nov '17 - 09:17 - 613 of 617

the girls are laughing at you......again :-)

[oilisgold] 22/11/2017 12:55

What a tool. Just wYch this go up now to 15p. Not many understand how AIM works and its tools like you that get shafted

[mally6] 22/11/2017 12:22

mms look to have finished 15p first target

[mally6] 22/11/2017 11:55

NOTHING GOES UP IN STRAIGHT LINES
it needed a breather but still very confident ive got a good medium term view and do admit to trading some of my shares to get a larger holding do feel mms will let it go soon enough as there is alot going on shortly here

[varies] 22/11/2017 11:28

The price seems to be settling and I fancy it may decline a little further. I would then be tempted to buy my shares back.
Mining.com publish today an intriguing article headed "Scientists produce high-grade rare earths from coal". This work is, of course, experimental but there would be little future for REE miners if this project can be taken to an industrial scale !

I hold no shares in MKA as I write but I do hold shares in Lynas and in Leading Edge Materials. LEM (quoted in Canada c.58c) has a big REE project in Sweden called Norra Karr (as well as graphite and lithium projects there)and I think that Norra Karr is comparable to Songwe. I am going to take a good look.

[elcapital2017] 22/11/2017 09:17

So where are my apologies from the bulls who said it would be 15p?

Come on girls, you got it wrong and I am right....again.

[pre] 22/11/2017 08:39

Extract from 16/11/17 states:

The definitive agreements are expected to be completed by January 31, 2017. The transaction is subject to the receipt of all necessary regulatory approvals including the approval of the TSXV and satisfaction of any conditions which it may impose.


Does the regulatory approval come after the definitive agreements are completed? Can anyone confirm this?