Yes there is a lot of players but little play going on. The only big investment is Paladin's uranium mine which has been on care and maintenance for several years due to depressed uranium prices and no electricity.
Timber and cement are the biggest contributor re eiti.
The real issue is the trade spat with Trump and Chinese.
It is slowing global growth and with that - junior miners at exploration stage have been hammered - they are friendless.
Slowing global economy means less of everything. Could be difficult for juniors to find money to develop projects and difficult to find markets to sell into. Even a low capex/opex graphite project in Malingunde with it's quality jumbo size product.
Early days - wait and see and Trump will be gone soon enough and some sort of normality will return in the way of free global trade.
News in Malawi, page-59
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Mkt cap ! $380.9M | |||
| Open | High | Low | Value | Volume |
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