Companies

Request More Information

Last:
Change: Change(%):
Volume: Open:
High: Low:
52Wk High: 52Wk Low:

Experts Commenting on This Company

 

Visit Company Website

View Company News


Mkango Resources Ltd.

TICKER: MKA:TSX.V

Mkango Resources Ltd. is a mineral exploration and development company with a mission to maximize shareholder value while spearheading the development of mining in Malawi and implementing meaningful and successful social responsibility programs. The company's current focus is on the completion of the prefeasibility study for the Songwe Hill rare earths project.


The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.

Expert Comments:

Christopher Ecclestone, Hallgarten & Co. (6/18/14) "Mkango Resources Ltd. has been a stealth performer, hiding its light under a bushel. . .the company spent the 'downtime' of the last two years, proving up its resource and getting its thoughts in order for a cogent production plan. . .we regard Mkango at this time as a Long opportunity with a 12-month target price of $0.45."

John Harrington, Proactive Investors (5/28/14) "Mkango Resources Ltd. has seen a significant increase in metal recovery at its Songwe Hill project after optimizing the process. . .the most impressive improvement was seen in recovery of the rare earth element lauthanum, where the bulk leach recovery rate of 75% announced in October of last year was bumped up to 93.5% by performing caustic conversion and hydrochloric acid dissolution on the bulk leach concentrate."

The Gold Report Interview with Chris Ecclestone (5/5/14) "Mkango Resources Ltd. seems to be not only one of the more determined and serious players in the REE space, but it has some hefty institutional players behind it (Sprott, Genesis, Och-Ziff) that mark it out from those stocks that are reliant upon retail investors. It has skipped the preliminary economic assessment phase and is heading toward a feasibility study to be published in coming months. This will give us a better idea of its prospects and capital expenses. It seems it will come in at the lower end compared to many of the Canadian REE contenders." More >

The Gold Report Interview with Paul Renken (9/17/13) "Roughly a couple of hundred names came into the REE space since 2010, whereas now only several dozen names have demonstrated viable projects. One name is Mkango Resources Ltd. It has an REE project in Malawi. That particular deposit outcrops at surface. All the indications are that it's quite sizable. It has done enough drilling on it to indicate that it is of commercial size. It now has to work out the exact liberation process that it wants to use as far as milling is concerned to produce a concentrate. . .

One of the things I like about Mkango is it hasn't overpromised and underdelivered. It is just the opposite. It has played quite conservatively as to what it thinks it can achieve and at what costs. Like all of the other juniors that are in the preproduction phase, it has struggled to raise money at a time when equity has been more and more discounted, particularly for exploration-stage projects. Nonetheless, the deposit is a good deposit. So I think the outlook has improved for the company. It just has to show with the prefeasibility study that it can commercially produce. We remain constructive on the firm." More >

Due to permission requirements, not all quotes are shown.

Mkango Resources Ltd. Content






Back to Top