Marechale Capital Share Discussion Threads

[still waiting] 13/10/2022 15:32

Historic NAV 2.8p

Bid 2.2p

No thanks.

[aimbagger] 13/10/2022 14:08

Would love to see the directors start taking slabs and taking the share price to 4p+ in a matter of days. ?

[gepetto100] 13/10/2022 13:54

Very tiny float so 20 % is a big reduction in availability

[still waiting] 13/10/2022 13:37

Tight float

[1savvyinvestor] 13/10/2022 13:26

No. But things moving; time scales impossible to gauge

[coley15] 13/10/2022 13:14

Yep - cheers Savvy. Any hints about the several IPO's that were expected within an 18 month window?

[aimbagger] 13/10/2022 13:07

Great. Thanks savvy. Share buybacks and dividends sounds amazing.

[still waiting] 13/10/2022 13:06

Often goes NT when gets interest.

[1savvyinvestor] 13/10/2022 13:05

Very positive- of course AGMs always are . But I certainly got a feel of the people involved . My immediate take is not to expect a rapid rise in the share price but that it absolutely should be trading around 3p rather than 2p. Plenty of long term upside and really no downside from 2p area I would say . They even talk of share buy backs and dividends!

[aimbagger] 13/10/2022 13:00

DKE type move would be nice. If directors start buying, it's a real possibility as it moves incredibly fast.

[andyview] 13/10/2022 12:42

From the results in August 22:

Weardale Lithium Ltd is Marechale's largest investment, holding 500,000 founder
shares and 22,400 Options with a COMBINED VALUE OF £2.8 MILLION which has been
recorded in the balance sheet. Weardale has secured mineral extraction rights
in Co. Durham via existing boreholes where there is proven lithium in the brine
hundreds of feet below the surface. Since the initial fundraising in August
2021, the price of lithium has increased 300%, giving Marechale cause to be
optimistic for a positive future outcome.

During the last year Marechale has generated revenue of £622,000 (2021: £
400,000), and, although our gross profit margin decreased from 64% to 53%,
owing to higher third-party commissions, administrative expenses remained
steady at £483,000 (2021: £463,000).

Importantly, investments and warrants in client companies generated unrealised
gains of £2,716,000 (2021: £412,000). It is worth noting that we have £
1,393,000 of unused losses to offset against any possible future tax liability
on realisation.

I am delighted to announce an increased profit for the year of £2,562,000
(2021: £246,000).

Current market cap approx £2.3M I believe...go figure

gla

[still waiting] 13/10/2022 12:42

LJ paid 3p remember

[still waiting] 13/10/2022 12:41

Up she goes

[gepetto100] 13/10/2022 12:38

Aim - wouldn't surprise me if some of the buys today are the Stuart of that process

[gepetto100] 13/10/2022 12:22

1Savvy - what was the temperature like at the AGM.

[andyview] 13/10/2022 12:17

Price firmed - 2.25 on the bid. Some good interest here today...

gla

[andyview] 13/10/2022 11:55

That's a good spot, i wonder if they might venture int the market at these current levels??

gla

[aimbagger] 13/10/2022 11:43

Resolution 6 of the AGM was to give directors permission to purchase up to 20% of the existing issued share capital in the company ? I wonder why ? About to see some chunky director buys?

[dolores123] 13/10/2022 11:01

This could be a 10X bagger in the making. The current market cap is less than 2 million!!!

[still waiting] 13/10/2022 10:42

Weardale could see this go x2,x3

Lithium in a jar !!

[aimbagger] 13/10/2022 09:37

Waking up from its slumber. Bouncing off of a very strong support zone. Trading at half value of stake in Weardale Lithium alone.

[andyview] 13/10/2022 09:30

Appears there are a few nibblers nibbling here…

Gla

[andyview] 13/10/2022 09:10

I’ve had a little nibble here too

Gla