[Nick Hargrave]

https://www.londonstockexchange.com/news-article/MKA/mkango-raises-ps750-000-to-advance-magnet-recycling/16392263

A 5p placing is obviously not a fantastic price but at least the amount has been limited and they have addressed the cost base. it is clear that they aren’t able to close on the Songwe mining licence and it is good to see that they are now reviewing options to release the asset to someone who can and hopefully deliver some value. It would be good for them to update on the value of all their assets, including potential uranium deposits. The recycling business looks attractive and continues to develop