New Bulletin Board Moron of the Week contest - sponsored by some scooter courier shop in Vietnam, #1 distributer for Telit
Capital Drilling – half-year results include “broadened” uplift in activity, so why are the shares lower still?
Real Good Food – following tardy profit warning, real bad disclosure & board changes now has required an overdraft facility...
Published 15 days ago
The sad tale of Mkango Resources (MKA) , the TSX dog listed on the AIM Casino by SP Angel in June 2016 continues but for how much longer? The grim reaper is polishing his scythe and CEO William Dawes better start brushing up on the rules of battleship if he is to avoid what seems an inevitable fate. It all started so well. Mkango was insolvent and so SP Angel raised it some cash about eight months behind schedule and listed it to great fanfare.
Published 150 days ago
I hope this does not sound conceited but I think this is possibly my best bearcast for some time. I really enjoyed this from start to finish. Maybe I shall not go into retirement just yet, after all. Or maybe I still will. Anyhow, on the agenda: Redcentric (RCN), MX Capital (MXCP), the FCA, Mkango Resources (MKA), Independent Resources (IRG), arrogant dickhead fund managers and the UK Investor Show.
Published 240 days ago
I am not in the best of moods today. But that is not the fault of JK Rowling as her film (see yesterday) was actually not bad. In the firing line a detailed look at Avanti Communications (AVN), a lot of questions about the Worthington (WRN) fraud now in liquidation and questions for the FCA/UKLA about that. I look at Cloudtag (CTAG) another fraud and another zero in waiting, at 1Spatial (SPA) and at the bastards at Mkango (MKA) - and how they legged over punters at the Mining Maven seminar. The bastards.
Published 241 days ago
An announcement from now AIM as well as Canada-listed POS (as there were insufficient mug punters left in Canada), Mkango Resources (MKA) includes news of “a placing of 12,857,124 common shares at 3.5 UK pence per common share”. But wait a maple leafed minute, the June AIM Admission Document included that “working capital will be sufficient for at least the 12 months following Admission”!
Published 266 days ago
In today's bearcast recorded with my father as the audience, here in Shipston, I start with the Autumn Statement which gets 0/10 from me. Then it is onto Sound Energy (SOU) and the issue of fund manager due diligence. Then Optibiotix (OPTI), FastJet (FJET), Mkango (MKA), African Potash (AFPO), Countrywide (CWD) and the global real estate asset class - yes a Manhattan penthouse and a terraced home in a grim Northern welfare safari slum are related!. Finally a few words about Paternoster Resources (PRS) and as a related issue New World Oil & Gas (NEW).
Published 268 days ago
My comments about Oxfam relate to Mkango Resources (MKA) - see the link on the right of this page. In the podcast I also cover Totally (TLY), PGC Entertainment (PGCE), African Potash (AFPO) where I now am sure I know when the Nomad quit and why, Cambria Auto (CAMB) and Westminster Group (WSG). I also answer Malcolm's earlier question on Premier (PMO). No. Malcolm. No.
Published 272 days ago
In this podcast I discuss why Mkango (MKA) failed to impress me in such a major way last night and then I look at gold stocks in general and Condor (CNR) specifically before explaining how to assess when a cash burner will have to place.
Published 274 days ago
I am still in the Motorway service station at the Premier Inn but head to London shortly. For tonight it is myself and the old bank robber Brokerman Dan against Mkango Resources (MKA). Bring it on bitchez! In this podcast I also look at Aquatic Foods (AFG), NAHL (NAH), Slater & Gordon (SGH), Igas (IGAS), Redcentric (RCN) and MXC Capital (MXCP)
Published 279 days ago
Shares in AIM uber dog Mkango Resources (MKA) have today hit a new all time low of 2.75p as the ramp has failed and as investors start to appreciate just how close this company is to, once again, running out of cash.
Published 282 days ago
I start with the US Election. My last piece on why the polls are wrong and on who will win is HERE. Talking of a rigged affair I move onto Cloudtag (CTAG) and then to Redcentric (RCN) and MXC Capital (MCXP). Then I look at Premier Oil (PMO), Mkango (MKA), Golden Saint (GSR) and Servision (SEV) before ending with a chant for The Donald.
Published 290 days ago
I must rush as my morbidly obese three legged cat Oakley says he is starving and I have an appointment with the quack. On the agenda: Proteome (PRM), Turbo Power (TPS), IGAS ( ZERO) and Mkango (MKA)
Published 302 days ago
The bloody postman is today's interruption. Will you sign for this crap for the chavs who live next door as they are out (again) signing on or working in the black economy? Whatever. I should charge for being the postbox for this entire street. Better still emigrate. In terms of companies I look at Laird (LRD), Motorpoint (MOTR), Strat Aero (AERO), and Mkango (MKA)
Published 308 days ago
Comrade Brokerman Dan has today revealed quite appalling lies told by promoters of the worthless AIM rare Earths disaster in waiting Mkango Resources (MKA). This shows both what amateurs they are and also the dishonesty surrounding the company. Dan and I will be putting Mkango to the sword as it presents in London on 17 November. Register today to join us. Now read on and see why these shysters must be exposed.
Published 309 days ago
It was almost four years ago to the day that Jimmyliar Ellerton of the fraud Sefton (SER) arranged to do a ramptastic presentation in London to try to lie to enough people to get another bailout placing away. Sadly for him both Brokerman Dan and I attended and we absolutely wiped the floor with the old rogue. It was the start of his downfall. To celebrate that Dan Levi and I have both booked in to a Mkanago Resources (MKA) presentation ...let battle commence. Fancy coming along? We gather beer and popcorn will be provided by the venue.
Published 310 days ago
Have you looked at the chart of AIM dog Mkango Resources (MKA)? It is a corker. It is all down to the looming cash crisis and that is why the shares now trade at 3.5p-4p which is below the IPO fund-raise price from June 15. That tells you how much trouble this piece of Turkish is in.
Published 352 days ago
Mkango Resources (MKA) the companyu with worthless (not so) Rare Earth assets in African which no-one else wants and which was trading whilst insolvent at the time of its AIM IPO has released its debut quarterly results on the Casino."When in Rome"...Mkango has marked the occassion with a great big fat lie.
Published 358 days ago
Want to get a "journalist" to write a piece saying how cheap your shares are? Shimple.. for an AIM listed company you can get the ramping underway for just 1100 Euros, welcome to the world of Mining Review... I have been passed emails which show just how cheaply useless companies such as AIM Listed Mkango Resources (MKA) can buy positive coverage.
Published 366 days ago
These old folks they need mental exercise. Crosswords, jigsaws, Soduku, easy questions from their son. But my father fails on the how many days till Glenwick (GWIK) is suspended question. He says his mind is on higher things. Meanwhile I am still traumatised from being seen buying a copy of the Guardian for him. I look at Red Rock Resources (RRR), Glenwick, Leed Resources (LDP), Aquatic Foods (AFG) and China frauds, BoxHill (BOX) and naughty Lord Razzall - how is the bailout placing going your lordship? And I commend the recent work of Daniel Levi (Brokerman Dan) on Mkango Resources (MKA) where the old rogue is bang on the money. Mkango is truly worthless.
Published 407 days ago
Worthless AIM and TSX listed Mkango Resources (MKA) has today issued a statement saying that it is analysing some data it had already told us that it had acquired. So in fact it is telling us nothing new at all. But it gets better. It then gives details of its "Corporate & Social Responsibility programme." Jeepers. This will make you cry.
Published 427 days ago
I start with the murder of Jo Cox MP and the disgusting way EU suporters are using it to lie and smear as you can read HERE. In Greece today it is 40 degrees plus and I am a sweating wreck after a session of olive pruning, braving the snakes which brings me to Phil "InterX" Crawford of Lombard Risk Management (LRM) and the question he has to answer NOW. Elsewhere I look at Highlands Natural Resources (HNR) following up on this piece, C-Dialogues (CDOG), XCite Energy (XEL) - all shout Timber!!!!!! - Scancell (SCLP) and the uber dog Mkango Resources (MKA).