Mkango Resources Share Discussion Threads

[andy] 11/10/2016 10:39

tidy,

Why? Is that because you wouldn't invest serious money?

I don't see a compelling investment case here, only a steady drift downwards, mirroring what occurred in Canada where MKA barely traded, before the AIM listing.

They need a JV with a deep pocketed partner, but how much of the project would they have to lose for that to go ahead? and suitor will know their financial position.

REE's are so out of favour at the moment, probably below coal and uranium.

[tidy 2] 11/10/2016 10:04

Get play money in ..!!!...

[andy] 04/10/2016 20:27

"gift"?

I'm not so sure about that, whatever you may think of BMD, his article makes some points that need clarification, IMO.

Did they approach SULA?

And if so, why did they walk?

And if not, why aren't the company taking issue with BMD?


BMD is right about one thing, they were down on their uppers in Canada, and needed the AIM placing to raise money in London.

Can they raise more? Time will tell, but I don't think they can last for 18 months without raising funds, do you?

What progress are the company making at the moment?

It's a greenfield site in antelope pasture, REE's are no longer the stars of the mining sector, and it's hard to see how this can be a mine currently, IMO.

[overthebridge] 04/10/2016 16:46

People are missing a gift to buy or add stock here.. IMO

[oilbuy] 03/10/2016 15:14

Absolutely no credibility that man.

[jagzoil] 03/10/2016 14:32

Guys - don't be fooled, Mr levi here mugged ofd all sefton shareholders...crook to the core.

[jagzoil] 03/10/2016 14:29

Dan (crook, scum) you get 95% of them wrong....give it up.

[andy] 26/9/2016 21:09

yajnas01,

Out of interest, which "people" are predicting 8p?

and what news are they expecting to justify that increase in valuation?

[yajnas01] 26/9/2016 19:45

Not sure what To expect here... People saying 8p on news?

Thought with such a low m cap and the resources we are looking at we could go higher

[overthebridge] 14/9/2016 20:27

Next upward swing is coming

[overthebridge] 14/9/2016 12:23

Strong bid orders being filled @5.22p smart trying to buy of weak sellers without increasing the price

[andrbea] 14/9/2016 09:37

nice to see other REE projects attracting big (Chinese) investors

[andrbea] 14/9/2016 09:35

REE projects in Africa
Sept 10 2016

REE market recovering slightly?

On the other hand, Australian Peak Resources is developing the Ngualla Rare Earth Project in Tanzania, whose construction is expected to start in 2017. Production should begin by late 2018/early 2019.

The mine has a high proportion of neodymium and praseodymium, and the plan is to produce approximately 2,300 tonnes per annum of mixed neodymium and praseodymium rare earth oxide, 250 tonnes per annum of mid and heavy rare earth carbonate and 5,900 tonnes per annum of lanthanum and cerium carbonate.

In Malawi, Mkango Resources -the only rare earths-focused company listed on the London Stock Exchange- is working on the Songwe Hill Rare Earths Project, loaded with light neodymium and praseodymium, and heavy dysprosium and terbium. Its feasibility study should be completed in some 18 months, and construction should be finished by 2020. The company also identified two more potential rare earths targets at its Phalombe licence in the South African country.

[overthebridge] 14/9/2016 00:19

She's gona go on a run north fast imo

[andrbea] 13/9/2016 16:18

Article on lithium & rare earths
Sep 12

///
The United States, by and large, imports lithium and electric vehicle batteries from overseas. China, the world’s largest consumer of lithium and a leading producer of EV batteries, boasts the world’s second-largest lithium reserves. With the Gigafactory ramping up production, the dynamic could shift. Rising demand for lithium could send U.S. producers into overdrive.
For some, clean energy augurs a new era of extraction where rare metals invite all of the same risks as oil —202;trade disputes, market volatility, environmental damage. But Abraham believes rare metals are essential to warding off carbon pollution and climate change. And robust domestic production is vital to protecting domestic manufacturers against shocks to supply, including OPEC-style embargoes by hostile foreign powers.
In the Rare Metal Age, materials will rule. The next great technological marvel may be conceived in a glittering San Francisco high-rise, but the raw materials needed to build it will emerge from the murky depths of the grittiest mines. Access to the core ingredients of clean energy will shape not only the success or failure of green tech entrepreneurs, but the success or failure of our efforts to halt climate change.
“When there are cuts, there are still ways to get some supply,” said Abraham, “but it’s no way to build an industry critical to the future of saving the planet.”

[overthebridge] 13/9/2016 14:02

She's trying

[overthebridge] 13/9/2016 13:51

Will she break out today

[overthebridge] 13/9/2016 13:39

Still in the buy zone folks.the train will leave and many chasing it to higher highs..

[andy] 12/9/2016 00:16

overbridge,

I certainly agree with those sentiments.

I rather feel you have to be aware of forthcoming events to make money on AIM, I doubt the average punter has the connections, so has to go on gut feeling, and we both know how that normally ends up!

GL to you too.

[andy] 11/9/2016 23:57

overbridge,

I certainly agree with those sentiments.

I rather feel you have to be aware of forthcoming events to make money on AIM, I doubt the average punter has the connections, so has to go on gut feeling, and we both know how that normally ends up!

GL to you too.

[overthebridge] 11/9/2016 22:46

That's why most trade ftse shares of the charts. Aim Is a gamblers market but can make easy money if clever. I've made big and lost it again. And made it and now in keeping it . Gl

[andy] 11/9/2016 18:53

overthebridge,

If share trading was that easy, nobody would ever lose! In fact there wouldn't be a market at all as everyone would want to make the same trade!

And if it's "all in the charts", how would the chart react to some really positive or negative news?

JV = multibag?

I'm not sure about that personally, it would very much depend upon who the other party was and what they would be bringing to the table int terms of cash and experience.

I don't think Leo Mining would cut it, if that's ho you're thinking of?

[oilbuy] 11/9/2016 15:09

Chart is simply the use of historical data. Hard to use to chart on this one, however the share price sits on the point of support which has been tested several times. Next week it might just break it !