Mkango Resources (LSE:MKA) and doing grass!

#Gold #SP500 We’ve had emails asking about Mkango but first, Jeremy Clarkson actually provided some inspiration in his recent release of Clarkstons Farm. In one episode, he admits his favourite machine is a bush eating robot, providing some interesting possibilities. It was a surprise when wasting time on YouTube Shorts, a video of a robot tracked vehicle which used spinning flails to cut grass proved captivating. Despite the machine looking like an extra from the dystopian future of Terminator, there was something quite attractive about the idea of using something like a bomb disposal robot to butcher the grass, using a remote control and embedded camera. And with the tracks, it could even climb down to the lower garden, scaring the heck out of anyone passing by.

It was clear Mr Clarkson may actually have a point. Thus, the unheard of happened, a link was clicked on a dodgy Chinese YouTube video. The price of the thing was absurdly cheap, under 400 quid. Puting this into context, replacing the cutting deck attachment for the little tractor (which cannot make it down to the front lawn) had grudgingly cost just over £600 a few years ago. With a Chinese company flogging an entire robot on the AliExpress website for a lower cost, the idea of sitting at the coffee table on the patio with a remote control gizmo is truly attractive. The machine from China, powered by a civilised petrol engine, is now under serious consideration and the idea of grass being finely cut by a rotating flail is quite interesting. Unfortunately, this was the cue for another YouTube rabbit hole, comparing varied methods of cutting grass. It transpires this new fangled flail idea could be quite superior to the current cutting deck which has two massive rotating sharp propellers which give a cutting width of nearly four feet. But it is high maintenance.

An inordinate amount of consideration is being given to the idea of buying this clickbait item. It could also be used to terrorise wildlife in our Argyll garden.

 

As for Mkango, a company who aim to become a market leader in producing recycled rare earth magnets etc, there seems to be an almost hysterical wave of optimism for their future share price. To be fair, we’ve around 50 hard drives stored which contain considerable amounts of data we no longer use, nor will ever be interested in. They are helpfully labelled and generally require a single Western Digital thump to allow them to spin back into life. There is no way they are going into landfill and probably face a future when an upright drill tears a hole through each pristine disk. We’d never considered a company like Mkango would regard these products as recyclable but it wouldn’t hurt to make them inaccessible and toss them in the direction of a company who can make use of the contents. Doubtless the motors which spin them above 7,000 rpm contain some worth.

 

We’ve established Mkango share price closure above 37.5p shall be regarded as important for the longer term for Mkango, capable of triggering price movement to an initial 47.5p with our secondary, if bettered, at a future all time high of 61p. There are some truly optimistic numbers being bandied around for the share price but only if the price manages to close above 61p, nearly twice the current level, shall we dare believe some of the “sky is the limit” numbers being bandied around for this AIM listed share.

Probably a company worth doing some research into.

 

 

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:25:18PM BRENT 6930 Success
10:37:00PM GOLD 3336.26 3296 3290 3265 3316 3340 3356 3376 3326 Success
10:41:02PM FTSE 8763.3 ‘cess
10:47:35PM STOX50 5313.1 Success
10:49:40PM GERMANY 23950.5 Success
10:53:32PM US500 6216.8 6200 6194 6164 6232 6270 6297 6329 6244 Success
11:31:18PM DOW 44288 Success
11:35:02PM NASDAQ 22630 ‘cess
11:39:35PM JAPAN 39355 Success

 

7/07/2025 FTSE Closed at 8806 points. Change of -0.18%. Total value traded through LSE was: £ 3,648,651,423 a change of 20.16%
4/07/2025 FTSE Closed at 8822 points. Change of -0.01%. Total value traded through LSE was: £ 3,036,552,845 a change of -37.43%
3/07/2025 FTSE Closed at 8823 points. Change of 0.56%. Total value traded through LSE was: £ 4,853,262,556 a change of -31.49%
2/07/2025 FTSE Closed at 8774 points. Change of -0.13%. Total value traded through LSE was: £ 7,084,402,553 a change of 23.76%
1/07/2025 FTSE Closed at 8785 points. Change of 0.29%. Total value traded through LSE was: £ 5,724,160,773 a change of 7.93%
30/06/2025 FTSE Closed at 8760 points. Change of -0.43%. Total value traded through LSE was: £ 5,303,542,637 a change of 7.14%
27/06/2025 FTSE Closed at 8798 points. Change of 0.72%. Total value traded through LSE was: £ 4,950,185,062 a change of -11.23%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:CCL Carnival** **LSE:GENL Genel** **LSE:IAG British Airways** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:OPG OPG Power Ventures** **LSE:RKH Rockhopper** **LSE:STAN Standard Chartered** **

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Updated charts published on : Carnival, Genel, British Airways, ITM Power, Intertek, OPG Power Ventures, Rockhopper, Standard Chartered,


LSE:CCL Carnival. Close Mid-Price: 1977 Percentage Change: + 0.20% Day High: 2020 Day Low: 1962

Continued trades against CCL with a mid-price ABOVE 2020 should improve t ……..

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LSE:GENL Genel. Close Mid-Price: 68.2 Percentage Change: + 3.49% Day High: 68.9 Day Low: 66.9

All Genel needs are mid-price trades ABOVE 68.9 to improve acceleration t ……..

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LSE:IAG British Airways. Close Mid-Price: 354.8 Percentage Change: + 2.37% Day High: 355.8 Day Low: 346.9

Target met. All British Airways needs are mid-price trades ABOVE 355.8 t ……..

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LSE:ITM ITM Power Close Mid-Price: 90.4 Percentage Change: -3.83% Day High: 98 Day Low: 88.7

Target met. All ITM Power needs are mid-price trades ABOVE 98 to improve ……..

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LSE:ITRK Intertek. Close Mid-Price: 4848 Percentage Change: + 0.29% Day High: 4856 Day Low: 4810

Continued trades against ITRK with a mid-price ABOVE 4856 should improve ……..

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LSE:OPG OPG Power Ventures. Close Mid-Price: 7.7 Percentage Change: + 1.99% Day High: 7.7 Day Low: 7.55

Continued trades against OPG with a mid-price ABOVE 7.7 should improve th ……..

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LSE:RKH Rockhopper. Close Mid-Price: 59.2 Percentage Change: + 1.37% Day High: 60.8 Day Low: 57

In the event of Rockhopper enjoying further trades beyond 60.8, the share ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 1219.5 Percentage Change: + 1.04% Day High: 1235 Day Low: 1219

Target met. Continued trades against STAN with a mid-price ABOVE 1235 sho ……..

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*** End of “Updated Today” comments on shares.

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