Bonker
12 Aug 2018
MKA moving - I like c20p Updated chart here: [link] - looks good imo …
Bonker
10 Aug 2018
MKA moving - I like c20p Chart: [link]
dickie3times
25 Apr 2018
Songwe and Chimibe Nickel - Cobalt Exploration Licence Granted in MalawiNovember 29, 2017 - Mkango Res MKA is pleased to announce that it has been granted an Exclusive Prospecting Licencee covering the Chimimbe Hill nickel - cobalt deposit and other targets in Mchinji district, central Malawi. Project Overview CHIMIMBE HILL[link] The Chimimbe Hill licence covers an area of 98.48 sq km and features laterite and saprolite hosted nickel, cobalt, chrome and other mineralisation* Significant historical exploration has been completed, including pitting, drilling and metallurgical test workMagnetic anomalies in the licence area indicate exploration potential for additional nickel - cobalt mineralisation * Mkango will re-evaluate the Chimimbe Hill deposit in the context of geophysical data produced by the recent World Bank airborne geophysical survey of Malawi, recent infrastructure developments in the region potential synergies with the Company's Songwe Hill rare earths project and Thambani uranium-tantalum-niobium project both in Malawi, options relating to sulphuric acid and / or alternative reagents supply, potential by-products, as well as opportunities to produce nickel and cobalt products for the battery electric vehicle market. * The evaluation of the licence will be funded from the Company's existing working capital, which totaled US$869,479 as at September 30, 2017. Subsequently, Mkango announced the receipt of £241,995 (US$320,135) from the exercise of warrants.Project Overview- SONGWE HILLMkango completed a Pre-Feasibility Study for the Songwe Hill Project in September 2014, which was subsequently updated in November 2015. The Pre-Feasibility Study is based on a conventional open pit operation using contract mining, a mine life of 18 years and is focused only on the Probable Mineral Reserve Estimate.The Songwe Hill Project features broad zones of outcropping REE mineralisation on the northern slopes of a steep sided hill. The annual processing capacity was assumed at 500,000 tonnes per year of ore with a view to producing an average of approximately 2,840 tonnes of REO in mixed chemical concentrate per year with a large proportion of the cerium removed during the hydrometallurgical process. Cerium is currently considered to have challenging market fundamentals and, under Mkango's current strategy to produce a concentrate, there is a strong economic rationale to remove as much as possible of the cerium from the final concentrate.A summary of the key outputs of the Pre-Feasibility Study is presented in the tables below:[link] read more
dickie3times
19 Apr 2018
STRONG BUY Tecnical analysis[link] of today 19 April
dickie3times
26 Jan 2018
So we have the cash in the bank.... Now we wait for further news on progress going forward. There is no other stock on AIM whos m/cap is lower than the cash held. With only 106m shares in issue of which approx 74m is in free float.....this surely has got to be rerated and VERY SOON.Once the warrants and short term sellers are gone........expect mid teens to 20p +check this out...[link]
dickie3times
10 Jan 2018
NEW presentation.. very nice....[link]
dickie3times
10 Jan 2018
Re: MKA last week...share_talk Q/A[link]
dickie3times
04 Dec 2017
New assett - Chimimbe Hill [link] Resources has been granted an exclusive prospecting licence covering the Chimimbe Hill nickel-cobalt deposit and other targets in Mchinji district, central Malawi, it announced on Wednesday.The AIM-traded firm said the Chimimbe Hill licence covers an area of 98.48 square kilometres, and featured laterite and saprolite-hosted nickel, cobalt,chrome and other mineralisation.* It said "Significant" historical exploration had been completed, including pitting, drilling and metallurgical test work.Magnetic anomalies in the licence area indicated exploration potential for additional nickel - cobalt mineralisation, the board claimed.* Mkango said it would re-evaluate the Chimimbe Hill deposit in the context of geophysical data produced by the recent World Bank airborne geophysical survey of Malawi, recent infrastructure developments in the region.* Potential synergies with its Songwe Hill rare earths project and Thambani uranium-tantalum-niobium project - both in Malawi - options relating to sulphuric acid and alternative reagents supply, potential by-products, as well as opportunities to produce nickel and cobalt products for the battery electric vehicle market.*The evaluation of the licence would be funded from the company's existing working capital, which totaled $0.87m as at 30 September. Since then, Mkango had announced the receipt of £0.24m ($0.32m) from the exercise of warrants.* "We are delighted to have been granted the Chimimbe Hill nickel-cobalt exploration licence, which is consistent with our strategy to target raw materials and technologies geared to accelerating growth in the electric vehicle market," said Mkango's president Alexander Lemon.* "Both nickel and cobalt are increasingly in demand as cathode materials for batteries in electric vehicles."* Lemon said the new licence, when combined with the Songwe Hill rare earths project and the company's collaboration with Metalysis on neodymium alloys for permanent magnets, positioned Mkango as a potential future supplier of the critical raw materials used in both batteries and permanent magnet motors in electric vehicles.* "We are commencing a full historical data review for Chimimbe Hill, including an evaluation of exploration potential from recent geophysics, and look forward to updating shareholders on this new licence and the recently announced transaction with Talaxis in due course."
dickie3times
21 Nov 2017
Talaxis [link] Dawes, Chief Executive Officer of Mkango, said: "This transaction is transformational for Mkango and for Malawi, and is a further endorsement of the Company's strategy and potential. This Agreement significantly strengthens our balance sheet whilst ensuring that the Company is fully funded to progress Songwe and our collaboration with Metalysis. It also comes at a pivotal time in the rare earth market with a very strong demand outlook for rare earths such as neodymium and praseodymium used in permanent magnets for electric vehicles, wind turbines and other clean technology applications. We are very excited to be working with Talaxis, and moving forward with the bankable feasibility study for Songwe and Phase II of the research and development programme with Metalysis." Daniel Mamadou, Executive Director of Talaxis said: "The global push to decarbonize the economy is creating pressure on the supply of critical elements to the green tech sector. Environmental regulation and the policy changes are driving the price of technology metals. Supported by our access to global logistics capabilities, an extensive marketing network and a team of experienced professionals, Talaxis is pleased to enter into this agreement, which further strengthens our supply chain specialized in tech metal products."
alltold9
17 Nov 2017
Re: TRANSFORMATIONAL DAY! And another!
alltold9
16 Nov 2017
TRANSFORMATIONAL DAY! RNS says it all.Maybe 300%+
ember11
06 Sep 2016
MKA Looks like I am the first poster here. Very nice day yesterday. Is the market finally waking up re MKA and it's great potential? I think that yesterday's BKY's RNS was very "helpful" as well as showed that their grades considered as high are lower than those of MKY. Regardless what happens today I for one am very positive re MKY's future and the sp. GLA
