Mineral & Financial Inve... Share Discussion Threads

[btfd] 07/6/2017 19:24

markets are a bit undecided with election I think. we are at the beginning of a re-rate through as news flow carries on and hopefully aim in general picks up somewhat over next few months

[peetle] 07/6/2017 18:30

I was expecting more given the anticipation and today's RNS. There was a one share buy trade this afternoon - for those that get excited about such things.

[btfd] 07/6/2017 17:44

more tomorrow? news on that last hole is now due, according to their own musings in last hole RNS

[u696061] 07/6/2017 15:40

Nearly 5m shares traded. Looks like a record day

[jungmana] 07/6/2017 13:07

Btfd I agree, short term target for me is 40p. We are due another rns any day.Gla

[btfd] 07/6/2017 13:01

going way higher.. do the math then compare to market cap.the RNS today was first glimpse into hard numbers, this will now re-rate as news progresses

[jungmana] 07/6/2017 12:54

Nearly 10% of total stock in issue traded already today.Looks good for 23p today.Gla

[btfd] 07/6/2017 12:43

hope sep managed to buy in this morning

[u696061] 07/6/2017 12:17

Investors finally waking up to the potential

[wolfcub] 07/6/2017 11:55

Looking very strong now! very pleased I have been topping up as and when I could.

[jungmana] 07/6/2017 10:56

Let's test the recent highs of 23p . Onwards and upwards

[love it] 07/6/2017 10:51

Looking good. Still holding from 12p patience prevails at last

[btfd] 07/6/2017 10:38

looking healthy now.. hole 3 results were promised within 10 days.. that was 10 business days ago. Looking forward to those!!

[u696061] 07/6/2017 10:06

I expect Investors will start to take a position on this stock, as they more towards a sale of the asset

[btfd] 07/6/2017 09:48

they also have roughly 800k in cap energy stake. 1.5m cash, investment in ferrum c. and no debt.at some point this is going to blow, a lot higher than now

[btfd] 07/6/2017 09:45

they've never JVd before. They will sell. Once all 4 drill results are in we will also have an idea of the new discovery size. This asset could fetch a decent chunk of change , even at just 3% of its full value.

[sep800] 07/6/2017 09:44

Btfd
I agree with your last figures

[sep800] 07/6/2017 09:42

A JV if this was on the cards then MAFL will require to support this as to help to derisk the initial funding start of preparing all the legal of a JV. This is now a common factor in a modern financial world we are in.
A buy out would be more suitable

[btfd] 07/6/2017 09:38

ok keep the board real. today we found out that at full value the 15% increase is worth circa 70m to MAFL as a 49% stakeholder .. let's say the full mined value of the 49% stake is worth circa 455mlet's take just 3% of that value, and it's 2.5 x market cap right now.

[btfd] 07/6/2017 09:32

well if you were aware of what they are, why did you say they need funds to mine?they have no intention of going down that route

[btfd] 07/6/2017 09:31

sorry a few predictive text mishaps there. in/on etc

[sep800] 07/6/2017 09:31

Am aware of what MAFL are just some posters here keep going on. about £mmm's assets which is mid leading. These commodities need mining for these values as some here have forgotten. Keep the board real

[btfd] 07/6/2017 09:30

what are you in about?where have I mentioned the value. I simply pointed out that the co. is not a miner. There recent track record shows them buying assets and selling them in for multiple increase.Same again with Lagoa Salgada. At what price? Who knows. But it's going to be worth more than the current 5m market cap