Mkango Resources Share Discussion Threads

[lw425] 29/5/2019 16:33

As last years research note stated, MKA is worth 20p NOW.

We'll then leave it to the Chinese and the Americans to fight it out for control of the asset.

Talk now of the trade war lasting years with it becoming increasingly hostile. China will ban all exports of Rare Earth's leaving the Americans scrambling for all meaningful supply.

MKA could be worth 300p+ in those circumstances.

[the deacon] 29/5/2019 15:32

No brainer here really. Won't do as well as a producer, but there aren't that many rare earth plays about, and I expect MKA to garner some momentum

[ayesha4] 29/5/2019 15:11

This is due a run and double figures soon

[p@] 29/5/2019 08:24

lot of talk on bloomberg about rare earths and chinas' threat of ban.

[ayesha4] 26/5/2019 06:18

The management are aware. They are planning some sort of roadshow and are confident they will get the share price moving.

[simoore89] 25/5/2019 08:29

I hope so.. share price is abysmal

[lw425] 25/5/2019 08:24

I believe the 6.6p warrants expire on the 15th June.

For the first time since the initial Talaxis agreement we will see the true value of the company shine through as the shackles are released.

[tutthetrader] 24/5/2019 16:06

Up 16% over in Canada at present time

[ayesha4] 22/5/2019 22:31

This share is unloved. Management need to get a move on

[phurley] 21/5/2019 22:57

Will be happy to see it in the 9s.

Management are as frustrated as we are. I spoke to Will Dawes who cannot wait for June to be over and the warrants to be done with. Massive road show planned with some news snippets in between.

[the deacon] 21/5/2019 22:47

Double figures for MKA tomorrow

[the deacon] 21/5/2019 22:47

Double figures for MKA tomorrow

[phurley] 21/5/2019 22:40

Closed at 9.4p on TSX.

[the deacon] 21/5/2019 22:33

Avalon Advanced Materials - REE developer listed on TSX +111% today

[phurley] 21/5/2019 22:17

JL Mag makes a type of magnets used in power steering, brakes and windmills, with most of its export market in Europe. Globally, production is dominated by Hitachi of Japan but competitors such as JL Mag are gaining market share. After Mr Xi’s visit, its stock surged by 10 per cent, the daily limit.

Other Rare Earth miners have followed suit.

[carlsagan1] 21/5/2019 22:07

How ever so rude of you, one post wont hurt, and feedback is good. 10 opinions better than 1

[carlsagan1] 21/5/2019 22:01

Any of you folks recommend brokers X-O(by jarvis) or iweb-sharedealing(by halifax)?

ii have increased theres fees again(from £90 a year to now £120/£240), I think its time I finally went elsewhere...

X-O and Iweb have a flat fee of £5 per trade and have no monthly/yearly fees or inactivity fees

[phurley] 21/5/2019 03:52

Xi Visits Rare Earth Plant

Bloomberg reports Xi’s Trip to Rare-Earths Plant Stokes Talk of Trade Retaliation

Shares in JL MAG Rare-Earth Co. surged by their daily limit Monday after state news agency Xinhua said the Chinese president had stopped by the company in Jiangxi. Official news outlets give regular updates on the whereabouts of top leaders, sometimes leading to share spikes on the belief that companies have been handed official backing.

The U.S. relies on China, the dominant global supplier, for about 80% of its rare earths imports. Xi was accompanied on the trip to JL MAG by Liu He, the vice premier who has led the Chinese side in the trade negotiations.

The visit “sends a warning signal to the U.S. that China may use rare earths as a retaliation measure as the trade war heats up,” Yang Kunhe, analyst at Pacific Securities Co., said by phone from Beijing. That could include curbs on rare earth exports to the U.S., he said.

[p1nkfish] 20/5/2019 21:59

China threatening to reduce US access to rare earth minerals.

[lw425] 20/5/2019 16:33

Come on guys get buying or at least reconsider buying??

MKA have at least the current market cap in the bank in cash say 8m sterling.

Fully funded for all remaining drilling up to BFS.

Big backer who has paid 12m sterling for 49% of the project.

Implies the share price should be around 11p BEFORE any premium as the project moves forward.

MKA also have other irons in the fire worth a few pence on the share price.

Good buy at these levels in my opinion.

When you think of the unfunded tat being chased on a daily basis on AIM and this Gem is ignored?

[tutthetrader] 03/5/2019 15:30

Up 20% over in Canada let's see what happens here.

[ayesha4] 01/5/2019 15:11

Its an exploration company for gods sake. It will make losses

[aimismylife] 01/5/2019 13:41

Because it's a loss making company as per the accounts Ayesha

[ayesha4] 29/4/2019 08:49

Someone tell me why the market cap is less than £10m???