Mineral & Financial Inve... Share Discussion Threads

[givmesunshine] 15/12/2022 14:59

Been reading through the PEA and subsequent drilling updates in the north zone - the PEA post tax NPV $247.6 million has significant scope for increased value - the infilling is significantly better..and prices in USD / EUR now nearly 20% better .. when the resources upgrade come in.. there will be some numbers to crunch to work out LOM NPV ..

[davevt] 15/12/2022 12:44

Yet you can't claim why this 'motive'

Just remember, previous to 3pm you couldn't make any buys, and after my dump, you could.

Fancy that...

[matt123d] 15/12/2022 11:54

Basically don't trust anyone who talks their sizes or profits, usually some sort of deception or motive behind it.

[matt123d] 15/12/2022 11:15

225k shares offered at 20p, you can buy your £45k back at that level, haha.

[davevt] 15/12/2022 11:10

'Your fake 45k sale'..

Yet after 3 o'clock, you see the buys come in, you already confirmed that.

Blimey, it's like someone dumped a load of shares 😆

You've just proved my point. You talk about the millions coming and valuation as if it should up the price...I agree, it 'should', but as you've just shown, no one can buy anything.

[givmesunshine] 15/12/2022 10:52

Look I know how illiqud this is - but that doesnt mean a share price can't move.. all your comments about range are after the effect.. you called it down to 8p after your fake £45k sale.. at this very point in time you can sell loads but not buy anything, that could change - I 100% agree that you have to pick the time to buy and sell with this

[davevt] 15/12/2022 10:37

'This is why it's sitting at an all time high'.

It's sitting exactly where I told you it would sit.

[davevt] 15/12/2022 10:36

Oh wow, reading your posts about mafl over on lse, you really are clueless about this company.

This one was the best one, while arguing with me about liquidity

In reply to Shaz writing 'Currently at 16p offer it is proving impossible to buy online.'

'28 Nov 2022 13:25 GIVEMESUNSHINE 'yeah .. you cant buy anything'

[matt123d] 15/12/2022 10:35

"And none of that will budge the share price because you already know about it, it's already priced in."This is also incorrect, since the issue of liquidity was mentioned then this should be obvious, if you're sat on the bid waiting for sellers then you've been getting nothing filled the past few days so what needs to happen.

[givmesunshine] 15/12/2022 10:33

it traded at 40% discount on illiquid assets when it didnt hold £3 cash and not a 200%+ increase in NAV on a sale option... things change its show your inexperience and lack of knowlegde how the market works - thats why this is sitting at an all time high and not dropping like a stone,

[davevt] 15/12/2022 10:23

...so you already know about the options, it's not 'new' news.

And Mafl has always traded well under Nav, as do all financial institutions, as it's speculative.

Remember you said you'd only been here 6 months, it shows..

If you were so confident in your convictions, you wouldn't be throwing these tantrums.

[givmesunshine] 15/12/2022 10:12

How is a minimum $10million upto $20million put option FC for Q1.. £3 miilion cash and a £8 million portfolio priced in ? to a £6 million mkt cap ?

[davevt] 15/12/2022 10:05

And none of that will budge the share price because you already know about it, it's already priced in.

cue you moaning 'why is this 'underpriced' compared to the Nav, we should be trading at 'x'

[davevt] 15/12/2022 10:03

And none of that will budge the share price because you already know about it, it's already priced in.

[davevt] 14/12/2022 19:05

If you look at mafls trading history over the past 5 years, 8p isn't really a low, we have been down in the 5s and 6s for long periods. It always had problems holding higher than 12 and we have had a few runs to 15/16.

The next bit of news here is going to be mid 2023 as per the rns, so surely you don't think it's going to sit at 17 until then.

Again, have a look at stuff before commenting.

[baz9707] 14/12/2022 18:41

Good active chat.

I do call bull on the 8.8p Ave Dave especially if you have traded and made 225k on this stock.

Means you sold 525k shares NT on that day.

What you get when chatting to Avatars, we can leave this subject now as Dave will wait for a drop and buy back in. But remember not if its out of the 8 - 18p range.

Onwards and upwards looking forward to the breakout to continue.

[davevt] 14/12/2022 17:07

OK, have fun with that 😁

[davevt] 14/12/2022 16:47

Well its all on my II account, so I don't know what to tell you, other than you sound very upset about it.

[davevt] 14/12/2022 16:32

Theres nothing 'master trader' about that figure, as I said it was over 5 years, that only 50k a year on average. Read.

Someone that trades 50k worth is no more a clever trader than someone that trades £500 worth, its the same %..