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Https://twitter.com/Share_Talk/status/1723435192390447376
A nice bit of TV footage there with interviews from Monica and Alex
From that post - Alex Lemon
“We are looking at a project where we are going to do value addition. We will build a chemical plant in Phalombe district so that we have a very high-value forex export for Malawi,” he said.
Maybe Mka involved in a chemical plant in Malawi??
They will export a value-added part chemically processed product of mixed REEs which will then need to be separated into each individual REE metal.... Pulawy plan...
I like the radio interview now out on share talk where Monica says the mine life could now even be 100 years!! lol
The radio interviews
https://twitter.com/Share_Talk/status/1723794688417624075
All well and good...but IMO the market will not re-rate us until the deal gets signed.
The trust, understandably, is not fully there yet. But as I said the other day, I do not see this going deep into December, maybe week two of December at the latest, so not long to wait.
And as long as it is a deal that is satisfactory to us, not just the Malawians, then hopefully, at long, long last, patience here will have proved justified. GLA.
12.49% up so far
Sure, from 8.25p. I am referring to a proper number. 16p for starters.
Initially I was only here for Songwe. Then my interest in the battery stuff somewhat changed my outlook, especially as the company IMO seems to be doing a good job of progressing that particular area of the business.
In fact, if it were not for the battery stuff, I would have taken the loss and moved on by now.
But getting Songwe over the line is still extremely important, for several reasons.
And IMO it will bring fresh investment if the deal is good, so that will, I think, reduce the likelihood of a short term spike on news, as selling traders will see their shares absorbed by those who will invest on clearly outlined news - but not before.
Momentum building. But I agree after several false dawns the actual MDA/ML is what's needed. Monica's positive but saying there's still 2 or 3 points to negotiate. The GBE and Lotus SP are still depressed too.
Monica also clearly understands that the MDA must align with MKA's funders' requirements, so I'd expect the whole Songwe project with funding to take off as soon as the MDA arrives. And the MKA SP should take off with it.
OK fair enough, just thought it was easier to type what I did, rather than the full outline of the 'battery stuff' :)
Just for you, going forward, I will use that noun :)
Morning - that's a lorra volume for nothing news - must be getting close now.
With all the good news to come I can’t believe that you can still buy these for under 9p. I think many people will be kicking themselves for not buying at this price.
I’m averaged out at 19p so need that to break even 🫣
With the MDA due by end of December expect to climb towards that price.
I first bought in at 18p, then added more each time I thought we’d hit the bottom. Hindsight is a wonderful thing. My average is a little over 12p
Oh dear. No need to be snippy. I am comfortable enough in my knowledge base when it comes to this name, thank you, but equally have no need to seek approval or validation as to my investing credentials from fellow chat board posters.
Anyway, GLA. Even you.
OK. Before I bought my first tranche here, just short of 13p, I read all the RNS material going back a couple of years.
Then I watched a few of the interviews/presentations etc.
Naturally, since becoming a holder, I have continued to read all further RNS's and other material related to the company.
I have made additional purchases at lower prices since then.
The concerns that I first voiced a number of months ago were valid. But hopefully within the next few weeks will be put to bed. It is not a done deal until it is a done deal. Take nothing for granted.
Only a fool would not regularly examine and revisit the potential bear case for any investment that they made.
If you feel triggered by reading comments that are not exclusively positive, then that is your problem.
And this has now turned into a derail which benefits nobody, so I will leave you to have the last word if you so wish, old chap.