Exclusive: Share Talk speak with Alex Lemon ( Co- founder -President) of London listed AIM company Mkango Resources from Cape Town, South Africa
He is in Cape Town, South Africa attending the African Mining: 6-9 February 2017 – World’s Largest Mining Investment Event along with the MKA team. Today he gives a very descriptive update on the company and what share holders can expect short term.
Latest Mkango Presentation
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He talks about the Noble International Noble Group (SGX: N21), Uranium and Mkango plans to commence its 2017 100% owned exploration programme in the Thambani licence area during the first quarter.
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Noble International Noble Group acquire up to a 12.5% interest in Mkango. Yet behind Noble Group lies the China Investment Corporation (CIC) “Peoples Republic of China” when they unveiled a fully underwritten rights issue in June 2016 that raise $500m with CIC earning itself a second seat on the board of SGX: N21.
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The markets have not picked up on the possibility of a JV partner coming to the table through this partnership. Alex Lemon talks about that possibility, old data from 1950 -60’s that shows a new play with the word “Lithium” being mentioned in this interview.
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