Re: and we are off, 12.75 paid!!!! at last some great news
from lse from lse only1neuron:⭐️Drilling results due very shortly as confirmed by Alastair Ford, Chief Investment Officer ⭐️BOD hold 30% of MAFL - They are shareholders like us and are against unnecessary dilution. ⭐️Just completed 3 placings which saw £1,150,000 raised. £1.6m in the bank. There was a premium of 25% from 1st to 2nd and 50% from 2nd to 3rd. ⭐️BOD are focused on securing a JV and finding new investments. ⭐️The abnormally high levels of INDIUM which is scarce and sells at $570,000 a tonne. Indium price is higher than Silver. ⭐️The BOD has confirmed via RNS that we have high concentrations of COPPER (2.85%) continually for 93m ⭐️We have indicated ZINC concentrations similar to the nearby Ajustrel mine at c.7% ⭐️Very limited free float - calculated 11 to 13 million shares (28 to 35% of shares in issue). Lack of supply when demand is high will send this rocketing. ⭐️NO DEBT ⭐️£200k+ PROFIT on activities last year ⭐️A 49% stake in TH Crestgate which has the Lagoa Salgada project on the Iberian Pyrite belt. This project has a potentially massive Copper Poryphyry play in addition to Zinc, Lead, Gold, Silver and other valuable metals. (SOLG have a porphyry) ⭐️400,000 shares in privately held Cap Energy which has just revised reserve estimates upwards. Cap is highly prospective to strike oil. We hold stock at a very profitable 40% below CAPs equity finance fund raise of April 2016. ⭐️109 million shares in stock market listed Ferrum Crescent - increasing in value. We sold Toral and Lago Zinc/Lead projects (via TH Crestgate) to Ferrum Crescent for £326,500 cash and shares. ⭐️Significant ETF holdings in Silver and Gold which have shown double digit percentage gains ⭐️Appreciating stock holding in Glencore (up 20% over last few months) & Anglo Pacific ⭐️Very lean business only 2 Executive Directors & 1 non-Exec on the BOD, compared to 5 or 6 in comparable AIM companies. Directors only taking £50k per annum in wages. ⭐️Globally respected board of directors with experience of over $35 billion of mining deals. ⭐️We have a very prudent NAV calculated at 6.25p at the end of December 2016. It is more likely nearer 7.5p/8p. The BOD have chosen to value our investment in private companies at cost (much higher in reality). However, our market price is governed by supply and demand - the restricted free float. IMHO, DYOR, GLA
Re: and we are off, 12.75 paid!!!! thats enough for me sold up at 20.5
brought you mafl last week ,Prem next bjuy prem and wait for the 5 bagger
next big mover in next week is PREM buy it now
I did saybuy still a buy to 22p
worth a read INDIUM IN THE LAGOA SALGADA OREBODY, IBERIAN PYRITE BELT, PORTUGALTítulo: Indium in the Lagoa Salgada orebody, Iberian Pyrite Belt, Portugal / Daniel P. S. de Oliveira... [et al.]Publicação: [S.l.] : [s.n.], 2009Descrição física: il. ; 30 cmSumário ou resumo: The Iberian Pyrite Belt (IPB) is one of the most outstanding ore provinces in Europe hosting some of the largest concentrations of massive sulphides and 22% of the world-class (> 32 Mt) VMS orebodies. A significant number of (pyrite) mines are now inactive but some orebodies still remain unexploited; this is the case of Lagoa Salgada. It is the most NW orebody known and occurs beneath approximately 130 m of Cenozoic sediments which limits interpretation solely to borehole intersection data. The orebody is folded and interpreted to occur on the subvertical-overturned and intensely faulted limb of a SW verging anticline. It is hosted within a thick IPB volcanic sedimentary sequence and is made uo of a centralstockwork and a massive sulphide lens. An electron microprobe study revealed consistent trace amounts of indium in sphalerite, thus contrasting with the neighbouring Neves Corvo mine where indium is known to occur associated with stannite and stanoidite. The occurrence of elevated trace amounts of indium in sphalerite from Lagoa Salgada could make this orebody an attractive economic target beyond the traditional tin-base metal suite so far extracted in the Iberian Pyrite Belt.
reading LSE site thousands will be bought in the morning....Ill beleive it when i see it
if you want to understand the CAP ENERGY investment [link] MAFL block is a continuoation (which is very very likely) of the fan1 and sne1 then CAP could be sitting on a billion $s worth of oil. WE will know in the next year.
13p close on cards next gap to 22p, yes 22p....
12p on the ask buy
Re: 7k tonnes of indium $700k per tonne buy
next stop 13p buy
nice platform going forward BUY
7k tonnes of indium $700 per tonne thats more than the market cap. its a steal