LON:MKA
Mkango Resources Ltd
ACTIONABLEMethodology gates passed
Position levels
Currenttoday
37.00p
Buy <=wait / entry
30.33p
Trim >=take some off
55.00p
Thesis breakA signed Songwe offtake at terms consistent with the DFS, or first commercial re...
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Scenario-weighted conviction
| Probability | Score | Contribution | |
|---|---|---|---|
| Bull case | 16% | 100 / 100 | 16.0 |
| Base case | 48% | 62 / 100 | 29.8 |
| Bear case | 36% | 10 / 100 | 3.6 |
| Weighted conviction | 49 / 100 - SPECULATIVE BUY | ||
Top risks
- Acquisition of Remloy rare earth magnet recycling business from Heraeus Amloy Technologies for initial EUR 5 million cash consideration
- Release of updated definitive feasibility study for Songwe Hill Rare Earths Project and pre-feasibility study for Pu?awy Rare Earths Separation Plant
- H1 2026 cash position of US$13.6 million with additional warrant exercise proceeds of GBP 94,500 and C$73,350