Marechale Capital Share Discussion Threads

[jameshendrix2023] 11/5/2023 08:45

300% today the herd are just catchijt on

[bean02] 11/5/2023 08:44

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.

[1savvyinvestor] 11/5/2023 08:35

That would probably kill the rise!!

[vauch] 11/5/2023 08:30

If so could easily spike to 4p

[vauch] 11/5/2023 08:30

I assume this will be in an RNS by the company

[tomboyb] 11/5/2023 08:28

Looks much better -

[1savvyinvestor] 11/5/2023 08:27

So double good news . Hotel and weardale

[knicol46] 11/5/2023 08:25

Commercial production of approximately 10,000 tonnes of lithium carbonate per year is being targeted which has the potential to directly generate around 125 new full-time, highly skilled jobs. At commercial scale, Weardale Lithium estimate that £1bn of gross economic value could be generated for the North East region.

[daicaprice] 11/5/2023 08:20

Great work waterloo, thanks.

DC

[gepetto100] 11/5/2023 08:18

Got a nice top up early on

[bigalan3] 11/5/2023 08:18

Thank you Waterloo.

[gepetto100] 11/5/2023 08:07

Waterloo - greatly appreciated. Nice start to the day

[coley15] 11/5/2023 07:27

Yes, thanks for posting.

[tomboyb] 11/5/2023 07:18

Nice one Waterloo -

Could not see it on other news

[waterloo01] 11/5/2023 07:09

Lithium Carbonate produced from naturally-occurring geothermal brines in County Durham for the first time

Weardale Lithium Limited, ("Weardale Lithium", "WL", or the "Company") an innovative natural resources company based in County Durham, UK is pleased to announce that it has successfully extracted lithium from geothermal brines following the completion of laboratory scale Direct Lithium Extraction ('DLE') test-work with multiple technology providers, including the production of a sample of lithium carbonate.

HIGHLIGHTS

· For the first time, lithium carbonate has been produced from geothermal brines in County Durham, North East England

· Positive results from trials of multiple Direct Lithium Extraction processes confirm the geothermal brines in the Eastgate Boreholes are amenable for lithium production

· Successful test-work and extraction of lithium represents a step forward in the UK's ambitions to produce a domestic lithium supply chain

[coley15] 10/5/2023 17:10

Well well. Some interest at last ;o)

[still waiting] 10/5/2023 16:43

He’ll know about it !!

[gepetto100] 10/5/2023 15:49

Wonder if LJ is interested

[tomboyb] 10/5/2023 14:04

Baz.x
@Baz9707
·
17m
Replying to
@Smudgedann

@mozEIGHT
and
@cityal60
4-5% depending if warrants are held, valued next to zero on the books. Announced 10m refurb would have not effected the % either which was confirmed. Sale would have been on the cards for a while.

[tomboyb] 10/5/2023 13:56

Will be a very useful addition to the current coffers -

[waterloo01] 10/5/2023 13:54

They own 4% plus warrants if my recall is correct. Sale price listed as £15m

[daicaprice] 10/5/2023 13:53

Saw it earlier, here’s the link.



DC

[tomboyb] 10/5/2023 13:52

hxxps://www.plymouthherald.co.uk/news/plymouth-news/devons-burgh-island-hotel-land-8428682

Mac hold I think 4% -

Don't quote me on that but does anyone have exact % -

[tomboyb] 10/5/2023 13:50

Will be significant in terms of market cap I think if i have percentages correct -

Again will depend on the market as well. -