Market Position / Vertical IntegrationMkango’s integrated presence across exploration, development and downstream magnet-related activities provides durable strategic advantage. Controlling steps from ore to magnet alloys and recycling helps capture more value, reduce reliance on third parties, and align with structural demand for permanent magnets in EVs and renewables.
Tangible Asset BaseA growing asset base indicates tangible project progress and resources that can be leveraged for development or financing. For a developer, larger assets support future operational scale-up, provide collateral for funding, and reflect capital invested in the Songwe Hill project and downstream infrastructure, strengthening long-term execution capacity.
Improving Cash Flow TrendAn improvement in free cash flow, even from negative levels, signals some operational progress or cost control that can reduce future funding needs. If sustained, this trend enhances financial resilience, lowers dilution risk, and increases probability of reaching financing or construction milestones over the coming months.