Marechale Capital Share Discussion Threads

[still waiting] 11/5/2023 13:31

Tightly held, that lithium is £££££££ now..

[still waiting] 11/5/2023 13:31

Tightly held, that lithium is £££££££ now..

[billthebank] 11/5/2023 13:21

Long long way to go to 5p!!!

[still waiting] 11/5/2023 13:16

Easy bag to 5p now..

Weardale is the future.

[bean02] 11/5/2023 12:07

Through resistance!

[tomboyb] 11/5/2023 11:44

Cash element will be v impt as focus will be on Weardale Lithium -

[g2theary] 11/5/2023 11:40

Took a little chunk finally at a profit ... only the ones I added at 1.1p ;) holding strong here ... 4-5p on the cards over the next few months ... adding a little in GDR :)

[gepetto100] 11/5/2023 11:37

All - read my post of about 5 minutes ago there's a lot going on in that area gigafactory and a lithium plant being built

[tomboyb] 11/5/2023 11:37

5% of Burgh Island -

Up for grabs @ 15MILL -

750K roughly for MAC -

[g2theary] 11/5/2023 11:35

Finally Lithium paying off here :)

[bean02] 11/5/2023 11:33

When the Company's half-yearly results were reported on the 2 December 2022,the Company's balance sheet showed net assets of approximately £3.48 million,representing approximately 3.6 pence of value per share in issue.Damned sight more now!

[bean02] 11/5/2023 11:33

An actual acknowledgment of live news. That's a bit special for mac :-D

[tomboyb] 11/5/2023 11:33

Marechale Capital Plc Investment Update
11/05/2023 11:30am
UK Regulatory (RNS & others)


TIDMMAC

11 May 2023

Marechale Capital plc

("Marechale" or the "Company")

Investment Update

The Directors of Marechale Capital plc (AIM: MAC) are pleased to note the
announcements by Burgh Island Hotel ("Burgh Island") and Weardale Lithium
Limited ("Weardale"), companies in which it holds investments.

In 2018, Marechale acted as adviser on the acquisition of Burgh Island. The
Company notes that, on 10 May 2023, Burgh Island announced its proposed sale.
In the event that its sale concludes, the Directors of Marechale anticipate
there will likely be an opportunity to realise its investment. Marechale holds
an interest in 4.9 per cent. of the equity of Burgh Island and the quantum of
any realisation will depend on the completion terms of the sale. The Company
will provide a further update to the market in the event of the completion of
the sale.

Further, the Company also notes the announcement by Weardale on 11 May 2023
advising that Weardale, a lithium exploration and development business based in
the Weardale Valley, County Durham in the north of England, has successfully
extracted lithium carbonate from geothermal brines and that these positive
tests results are amenable for lithium production. Weardale further states
that it now intends to accelerate and scale-up of its testing of increased
volumes of lithium carbonate towards demonstrating commercial scale production.
The Directors of Marechale are pleased to note the positive developments at
Weardale, a company in which it holds an 8.5 per cent. interest.

When the Company's half-yearly results were reported on the 2 December 2022,
the Company's balance sheet showed net assets of approximately £3.48 million,
representing approximately 3.6 pence of value per share in issue.

For further information please contact:

Marechale Capital plc Tel: [phone]
Mark Warde-Norbury / Patrick Booth-Clibborn

Cairn Financial Advisers LLP (Nomad) Tel: [phone]
Jo Turner / Sandy Jamieson

BlytheRay (Financial PR) Tel: + 44 (0)78 7574 4070
Tim Blythe / Megan Ray [e-mail]

About Marechale Capital

Marechale is an established City of London based corporate finance house, with
a long-term track record and a strong reputation in advising & financing high

[gepetto100] 11/5/2023 11:21

The employees transferred across - Recharge are Australian and linked/ backed by Alkemy Investments (ALK)

[gepetto100] 11/5/2023 11:19

Vauch - bought by Recharge IndustriesOn 26 February 2023, Recharge Industries announced it had bought Britishvolt out of administration; the company was sold for £8.6M.

[daicaprice] 11/5/2023 11:10

Gone very quiet but I’m expecting new day highs before the close.

DC

[vauch] 11/5/2023 10:16

What ever happened to the lithium battery factory near their?

[vauch] 11/5/2023 10:15

Wow! all gone rather quite.

[gepetto100] 11/5/2023 09:03

As a large shareholder and financier - MAC will no doubt have no problem in raising funds for Weardale for the facility in Eastgate - as per belowThis milestone enables Weardale Lithium to progress its step-wise plans for scaling up lithium extraction trials and supports the investment decision for the construction and operation of a DLE pilot-demonstration plant for test-scale production of lithium. The modular pilot-demonstration facility will be located on the brownfield, former cement works at Eastgate. 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.

[gepetto100] 11/5/2023 08:56

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

[kaos3] 11/5/2023 08:55

me neither. i will force my self to sit on my hands.

[1savvyinvestor] 11/5/2023 08:51

Having held a fair time I'm not selling out here . Market cap way below true value