Mineral & Financial Inve... Share Discussion Threads

[jungmana] 13/3/2017 11:07

I think £1 price (£31m market cap) is possible here in a month or two. Very similar rise to URU. Little shares available for the masses and huge prospects

[keya5000] 13/3/2017 11:04

Euclid, I think they have sold the TERN shares some time back.

Agree with your discounted NPV model though....

[keya5000] 13/3/2017 11:03

Not a bad spot at 5.5p a few weeks back was it!

I think you have to also look at AYM & FCR if you see value here at these levels and beyond.

Still holding a free lump here and I expect 20-30p on drill results but that will make AYM (similar but much more advanced project) look cheap and the FCR project at £3m mcap albeit behind this in development also looks cheap in pure comparison.

That is not to say this still does not have a long way to go to value, the others of similar nature just need to catch up!

[euclid5] 13/3/2017 10:58

Re calculated the Crestgate NPV Values based at current commod'y values & then calculated MAFL's 49% share of that

Summary: Zinc - Copper & Lead gives them £498m
Gold & Silver gives them another £188m
Total Gross NPV £685m

Deduct say 35% Capex / Operating Costs (£240m)

£445m NPV x MFL's 49% £218m div by 31m shares 700p

Remember this is based on a fully developed mine operating these commdy's - deduct an 90% discount rate due to the early stage of this development - still get a Discounted risked NPV value of 70p

(Above does not take account of the shareholding it has in

Tern 1.8m
Glencore
Cap Energy, 400,000

[ultra capital] 13/3/2017 10:55

In for 300k shares this morning.

[jungmana] 13/3/2017 10:53

Only 31m shares in issue. BOD hold about a third. Approx 13m in free float.

[jungmana] 13/3/2017 10:51

Today I would say about 60p (£20m market cap)

[miahkaysor] 13/3/2017 10:48

What's the true value here??

[btfd] 13/3/2017 10:41

I still don't think the majority have got the picture here. Lagoa Salgada is not a new unexplored asset. There's previous research out there, seek and you will find! Market cap about to explode when results re-affirm past findings.

[ny boy] 13/3/2017 10:16

Managed to get some early, early bird catches the worm and all that stuff

I'm 700% up on (HER) so far and the action hasn't even started yet, put a chunk in here, expecting similar things over the year.

[wolfcub] 13/3/2017 09:26

Looking very solid today - very pleased I am fully loaded here :) GL all.

[btfd] 13/3/2017 09:11

they only issued a speeding ticket last time as it was racing away before they could do the placing. I'd be surprised they issued on a 20-30% rise tbh

[113mike] 13/3/2017 08:41

Not yet anyway

[baz9707] 13/3/2017 08:39

Note no rns regarding Share price movement.

[baz9707] 13/3/2017 08:39

Will the fall back happen 0900.
If not 20p here we come.

[jungmana] 13/3/2017 08:33

Are we gonna get 20p today? Looks possible. That's only £6m market cap

[btfd] 13/3/2017 08:31

great things to come here. I think when news lands it will fly past 20p

[btfd] 13/3/2017 08:06

looks like it yes!

[jungmana] 13/3/2017 08:03

20p very possible by end of week. 50p+ by end of month.Gla

[btfd] 10/3/2017 20:32

will try againhTTp://preview.tinyurl.com/hdogj8e

[btfd] 10/3/2017 20:30

hTTps://www.researchgate.net/profile/Fernanda_Guimaraes2/publication/234023645_The_Lagoa_Salgada_Orebody_Iberian_Pyrite_Belt_Portugal/links/004635371df4d1b3e5000000.pdfseriously worth a read, taken from an lse post. huge!!!

[jungmana] 10/3/2017 17:32

Next week should be fun. I expect 20p before assay results then zoom. Won't be surprised to see 50p here in a few weeks.Gla

[baz9707] 10/3/2017 16:37

Looking forward to the sad blokes who didn't buy come on the board and delete ramp when it doubles up and continues to rise.