The team at Share Talk would like to say a big thank you to Mining Maven for letting us partner, being involved in the two London show’s. A brand we respect and proud to have participate alongside at the events.
In this article we highlight Mkango Resources LON:MKA presentation, 17th November 2016. We also take a closer look at a meeting that took place the following day at the London hotel, Dorsett, Shepherds Bush.
From left to right; Alex Lemon, Will Dawes & Derek Linfield
Small over view; Mkango LON:MKA is focused on the development of the Songwe Hill rare earth project and Thambani uranium project in Malawi. Songwe has advanced from an early stage in 2010 through two phases of drilling, resource definition and extensive metallurgical test work to completion of a pre-feasibility study in September 2014, updated in November 2015, one of only a handful of rare earths projects globally to have advanced beyond this stage and amongst the lowest capex in the sector
In July 2016, the Corporation announced the results of an airborne geophysical survey covering approximately two thirds of the licence area, highlighting a number of significant radiometric and magnetic anomalies.
The company’s corporate strategy is to develop new sustainable sources of rare earth elements and other minerals geared to growth in the low carbon “green” economy, technology and the Fourth Industrial Revolution.
Mkango listed on TSX-V in January 2011 and on the AIM market of the London Stock Exchange in June 2016 – IPO 3.3p.
The Meeting in London
Share Talk was informed a meeting had took place last Friday (18 Nov 2016) and we asked a company representative for a comment, quote;
“We have meetings with representatives and would only report this in a market update(RNS) if we sign a MOU”.
Investors will get a chance to ask further questions come the 26th November, with the MKA management team attend Share Talk Investor Evening
As you can see from the photographs, Mkango are happy to share these images and we thought we would look a little bit closer at the Chines company involved.
Share Talk looked around and found links easy to find and i am sure others will carry out more in depth research, one connection we did find interesting. Electric Vehicles, Wind Turbines, Batteries Manufacturers all based in the same location, Zhuzhou development zone, China.