Marechale Capital Share Discussion Threads

[123trev] 20/2/2023 12:43

Well took a 2k punt just for the hell of it the lithium investment might be a good deal and got a discount just doing this for possible beer vouchers lol.

[still waiting] 20/2/2023 12:34

6p, those were the days

[tomboyb] 20/2/2023 12:27

SW get Akers back -

[kaos3] 20/2/2023 12:13

now - that hurts ...

[still waiting] 20/2/2023 10:46

Mac m cap more appropriate for an rto transaction now ?

[waterloo01] 20/2/2023 10:42

I agree they should liquidate. Burg would get a decent price (£1m?) and weardale?

[tomboyb] 20/2/2023 09:57

Liquidation will not come to anything -

MAC have survived on fumes for a long while. It is disappointing that they got rid of the Future Biogas investment. However a great return on initial investment -

The problem for shareholders was working out what MAC actually holds in terms of percentage of FB. Clearly it was "well" below 1% -

Waste to energy Biogas is the future so hopefully they can make another investment in that area, perhaps higher risk for greater % -

[still waiting] 20/2/2023 07:31

This was clearly the realisation they hinted at, now what is the other stuff they were working on.

“ The Board is working on a number of initiatives to create further value for
shareholders over and above its core investment portfolio and corporate finance
projects. Furthermore, the Board is hopeful to be able to announce realisations
on some of the Company's investments in the next six months ”

[kaos3] 20/2/2023 07:22

not just MAC agreed to the price.... the others went along too

as they did not adopt their business model to the /difficult markets in which to raise capital/

it would be best they liquidate the Co and return the funds. otherwise they will be costing us more than they will be earning.

I do hope they prove me wrong

[coley15] 20/2/2023 07:22

Yep. Not the best news.

[tomboyb] 20/2/2023 07:14

That is disappointing -

Clearly they held a tiny portion of FBS -

Be interesting to see it list as the world is moving in that direction -

[kaos3] 20/2/2023 07:05

reality ... for the dreamers

glad they sold it. good return... only .... small
and rare occurrence

[boonboon] 20/2/2023 07:04

Well that's disappointing. Thought it would be worth a lot more.

[kaos3] 17/2/2023 10:58

I had a dream .... BOD was having a party ... they drilled their noses ... the challenge was how to use all the fingers for the job in the most unique ways possible....

and where they were smashing their options, warrants, shares at each other and laughter ... luke was sent for a drink

[dolores123] 10/2/2023 14:15

Cant believe people are selling at this low level when this has the potential to multi bag and Britishvolt has been taken over!They must be selling at a loss instead of waiting.

[still waiting] 09/2/2023 13:08

All buys now, candy from a baby.

[gepetto100] 09/2/2023 10:15

SW - perhaps peeps haven't filled in the gapsWeardale is on the doorstep to provide lithium hydroxide from geothermals to the processing plant being built by Tees Valley Lithium who have signed the MOU with Recharge - there everyone there's the link

[still waiting] 07/2/2023 22:20

Fill the gaps.

[wanobi] 06/2/2023 20:30

Britishvolt to be purchased by Australian renewable energy firm...

Recharge Industries, an Australian firm owned by Scale Facilitation Partners, has agreed to buy Britishvolt’s business and assets.

The failed start-up fell into administration last month after running out of money, with suitors for its purchase including Greybull Capital and a consortium headed by its ousted founder Orral Nadjari.

Yet, start-up Recharge Industries -a battery technology firm- emerged as the winner.

"Completion of the acquisition is expected to occur within the next seven days,” said EY Global, the administrators appointed to secure a buyer.

Recharge admitted to paying a premium for the company, but the official price is yet to be revealed.

The buyer is currently building a site in Australia to produce electric vehicles and batteries and claims it can bring US battery know-how and Australian minerals to a promising UK site.

Britishvolt had planned to build a £3.8bln Gigafactory in Blyth, Northumberland aiming to boost the UK’s ability to manufacture electric vehicles and create 3,000 jobs.

“The collapse of Britishvolt, was considered to be a major setback for stable supply chains for motor manufacturers,”; said Susannah Streeter at Hargreaves Lansdown.

“The fact that Recharge is a start-up rather than a larger more established player may raise worries that it may also have bitten off more than it can chew,” Streeter added.

However, the purchase will keep the dream of new jobs alive and will “provide a vital cog in the production wheel for the industry,” the analyst stated.

The European Union announced last week its Green Deal Industrial Plan potentially worth €300bln whilst the US invested around US$360bln in clean tech last year.

How Britain will fit into the future of renewable energy remains to be seen.

Cheers
Wan :-)

[gepetto100] 06/2/2023 11:42

An Australian firm has been named as the preferred bidder for Britishvolt, the UK battery start-up which collapsed last month.BBC today 6/2/23

[g2theary] 03/2/2023 16:24

More to come here Monday ;)

[gepetto100] 03/2/2023 12:43

Major ShareholdingsAs of the 5th December 2022, the Company is aware of the following shareholders holding 3 per cent or more of the issued share capital of the Company.Name of Shareholder No shares. %Mark Warde-Norbury 11,282,902 11.82%Patrick Booth-Clibborn 9,660,198 10.12%Luke Johnson 9,333,333 9.78%Barry Reynolds 8,000,000 8.38%