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No posts this year. An 11 grand buy today.....not seen much buying for a while
Burgh Island and hotel featured on "Whitehouse and Mortimer gone fishing".
Looked very pleasant indeed.
Having risen by almost 20% this afternoon, hopefully proper recognition will now be given to the value of MAC’s holding. A bit of weekend press would help !
That means that MAC's 8.5% interest in Weardale is worth well in excess of MAC's current MCAP.
MAC is significantly undervalued.
Looks like funding for the DLE pilot plant is secured with no dilution, adding value to the 8.5% MAC holding.
Last funding round valued Weardale Lithium at 36m
The project is specifically concerned with novel methods for the production and refinement of lithium extracted from geothermal brine resources in the context of developing an integrated and robust route from 'borehole to battery', all within the North-East region. The funding will advance feasibility studies and scale-up activities to further a battery-supply chain industrial hub and include the evaluation of the potential for WL to supply lithium to TVL for refining.
https://www.lse.co.uk/rns/ALK/tvl-grant-funding-secured-o3ju5b1s67yrjp0.html
Yes. Low mkt cap and lots of interesting stakes too. You cannot go wrong buying these at a cheap price around 1.1 to 1.5p. Always a spike but the spread is too high in these thin August mkts.
This is a tiny company. Let’s hope Burgh Island hotel sells soon.
New battery factory to be built in the UK.... hopefully Weardale comes through.... this would be massive for MAC...
Ah £2.31 @ 2.14 …!
Can’t see any trade at 2.31p?
Who buys £2.31? at a massive premium!!
Why do sites like LSE and ADVFN post these ridiculous spread prices. It is a big spread but it isn't 1.5 to 1.9!!! Also why do MMS create such a large spread. Hugely disincentive for potential buyers
Also article in this month's Country Life about the potential sale of Burgh Island for 15 million pounds of which the company has 5% might be another reason for share price activity
Good read.
https://twitter.com/Weardalelithium/status/1678345795861458945?t=aIAORuTPI6kSfJxfp2XimA&s=19
Yep I agree. my average is 3p... got 25k there I am confident I will make a good return in the near future...
Really good news today that new investor subscribing for nearly quarter of million pounds of shares at 2.25 pence a significant premium to way undervalued share price
Interesting to note that the company advised on the purchase of Burgh island in 2018 receiving a 5% interest .At present the island is On the market for in excess of 15 million pounds which would result in an income of 750000 pounds
At present without the above the asset value is 3.5 pence against a share price of 1.50 so now is,a great time to accumulate
Such a crap pump this lol
Yep this is a load whenever possible... I missed it at 1.10p area as I had no extra cash to put in... I am in at 3p mostly but will keep adding to lower average as this will be a 10-20mil cap company in the near future.
I totally understand why traders jump into a share and exit quickly. But sometimes, even on AIM , it is worth taking a long view. Really positive tie up with Weardale. This could be an investment that really does reward those with a time frame of more than 5 minutes!!
Great volume traded yesterday and very low priced for investment value
Earlofshame. The thing about pump and dump conmen is they are compulsive liars. They jump in and out for coppers and any ramp that spikes afterwards they are quick to pretend they still held and how marvelous they are but all the stocks that tank after which is 99% there is silence. When does the LSE strike you off ?
3p is my average :) LOL hold it until 6p !!!
Given today's news on two fronts, this still looks very undervalued at these levels. I would not be at all surprised if we see price action like we saw in Nov in BSFA and a couple of weeks ago in ONDO, where good news like this in a tiny mcap company saw the share price triple over a fairly small number of sessions from the lows. Holding here for at least 3p.