Mkango -Talaxis deal -Transformational ! BUY - MKANGO Res MKA, Daily MailGot to be one of the best potential AIM stocks, with only 97m shares in issue, recent rises will soon be improved upon once all the massive buy orders are filled, including the late trade of 670m just appeared...phew !! AND Finance deal with Talaxis for $12m fully funded with no dilution. No wonder this was the most heavily traded stock when news dropped on Friday?[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."
Re: re Cash in my account as well. RIP Alkane.
Re: re Rang HL this morning to check whether i'd voted to accept or not - couldn't remember. Irrelevant as cash already in account!Sad to say goodbye - some of my best investments have been taken over this year. Oh well, time to move on.TTT
re Yes, also sorry for the loss of this company.I didnt send any forms off, but presume I will get the money for the shares sometime! They are in an Isa with Hargreaves Lansdown. I Would be glad if someone would tell me when.... Many Thanks,
Re: R.I.P. Alkane Energy Both my holdings now gone. I feel like I've lost an old friend; ALK always put value in my portfolio, always grew. Not many companies like that about today (except for the other company I've been holding for as long, which has gone the same way). I'm sure there's another company like it out there, but in this day and age, it's going to be hard to identify it.Invest long, and prosper, as Mr Spock might have said if he'd invested in Alkane Energy.Regards,
Re: R.I.P. Alkane Energy Couldn't agree more, the state of energy supply, the SP and profits were only going one way. Will be interesting if BB are also eyeing up Egdon? Any thoughts ? Last day of trading likely to be tomorrow, so any counter offer unlikely now.
Re: R.I.P. Alkane Energy Can anyone help me out here is this a done deal if so why are they still buying shares and what's best thing to do sell or ? Thanks
R.I.P. Alkane Energy What a great pity they didn't keep going themselves, they did a good job getting it to where they did but it was worth so much more..... A profit is a profit I suppose.Good luck all.
Holding a single share can anyone tell me what the implications of holding single share would mean?I'm considering holding the smallest possible value just for the sake of it really.
Why are buys still going through? Just wondering why people are still buying alkane shares?
Re: Offer went unconditional 7.00amYeste... I'll endorse that! A friend of mine did contracting work for them, struggled to get paid. They didn't get where they are today by paying little people on time!
Re: Offer went unconditional 7.00amYeste... If it's Balfour Beatty paying, they'll be late...probably by about a month (or two)!
Re: Offer went unconditional 7.00amYeste... On or before 28th it states.If anyone gets before can you please post .R
Re: Offer went unconditional 7.00amYesterday Any idea date of payment ?
Re: done deal! Reply They will write to you, your problem if they can't find you, you could get stuck with umarketable shares. Just make sure they have your correct details and don't ignore corespondence.