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Lol literally nothings changed for Mac
But ALK will be receiving 13x their mcap in full funding shortly
Sticking with the big fish with huge price catalysts - rather than getting spanked by the person who tipped Mac to you who’s just gonna sell after you buy
boom.....amazing value.
got 25k at 3p average in SIPP.... should see great results in the next few years.
Looking good, now to break 3p!
Just opened a position here, can see an attack on 3p this afternoon
MAC valued at £2m has a 9% stake
Do the maths, MAC is the buy when comparing percentage to market cap
Huge news for MAC
ALK up 400% this year
MAC level
Weardale Lithium has touted this firm as a potential customer. Hopefully they can find backers.
https://www.theguardian.com/business/2022/oct/31/uk-battery-firm-britishvolt-administration-gigafactory
"Weardale is pretty much not factored in to the price"
It won't be for years until they break ground and make some serious progress. Generally its the last 6 months before production we wait in this kinds of stocks. Sorry to state the obviously upsetting news.
"I am not sure why it's unfortunate "
Being years from making any money is unfortunate. OBVIOUSLY. This is a business. Not a service.
Yes; And we are in at the start. Weardale is pretty much not factored in to the share price imho. And has the potential to transform MAC
I am not sure why it's unfortunate WL is less than a year old and recently raised at 36m valuation. I would say that is impressive.
Along with government grants they are in a great situation.
So we are many years off from anything other than exploration. Unfortunately.
They will extract the brine from the 2 boreholes that are already in place, which have already extracted water with good results tests ongoing.
Also geothermal energy could be produced to make the site carbon neutral.
WL plant will be built on a brownfield site that is owned by the main WL share holder.
WL hasn't broken soil yet.
Taken a position in this today, quiet on the board given its rise, any opinions on their investments, particularly weardale lithium
A profitable small cap company. Isn't that an oxymoron?
Agreed on all points
Profit of over 2.56 million. Weardale lithium stake worth 2.8 million. Business doing well with directors confident of a good year. Is there a cheaper listed company in the U.K.? At this mkt cap? No. I reckon they will sell Weardale stake for up to 10 million in time and return 5p in cash to shareholders. That’s my guess.
Lots of volume today. A bot is constantly selling 50K at 3p or 2.95p or otherwise the price would be 3.5p today.
how much %age stake do mac still have in future biogas?
loads of good things going on. Here we are back at 3p
A company actually investing at a higher price rather than always looking for cheaper funding. Confident Mac will reward us