Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Yep the squeeze is on, im sure the 6 will be gone
They are definitely short on shares, the mm will take my 500k for 3.01p but not selling
Insane volume for a 2m mcap company.
Looking like 3p is going to be broken already, only 80m shares 2m Mcap should be back up to 6.6p again at least
Almost impossible to buy!
Way under valued, only 80m shares just 2m Mcap could even get back over 6.6p on this news
NT on iii
We could be happily surprised were the SP finishes today imo
Chairman of Marechale 'Mark Warde-Norbury' has also joined the board of Weardale Lithium Ltd
Should see 3p today 5p by the end of this week
£1.5m stake / 8.7% holding (this is excluding warrants)
MAC market cap today opening £1m
1 bagger easy today
Market yet to cotton on that MAC have a £1.5m lithium stake in for free.
Market cap £1.6m . 8.7% stake in Weardale Lithium (WLL). These are founder shares and just based on the funding round and you'd expect the value of WLL to be at a premium to funds raised. Cornish Lithium did a crowd funding at an £80m valuation and the £6m target was raised in 15 minutes. It's a hot sector.
Last month MAC flagged up four IPO's / trade exits anticipated within the next 3 to 18 months so I wonder if they are clearing the decks for a RTO by WLL or it's just a good business model where they select companies ripe for future IPO / trade exits. Either way, MAC looks significantly under-valued.
6 September 2021
Marechale Capital plc
("Marechale" or the "Company")
Completed Fundraise for UK Based Lithium Exploration Client
Marechale Capital Plc (AIM: MAC), an established corporate finance firm providing strategic, M&A and advisory services to a range of growth companies, is pleased to announce that it has completed a transaction with the lithium exploration and development company, Weardale Lithium Ltd ('WLL'), in which Marechale has an 8.7 per cent shareholding.
In connection with its role in the transaction, Marechale subscribed for founder shares at nominal value. Based on the value of the recently completed fundraising transaction for WLL, Marechale Capital's shareholding in WLL is valued at £1.5 million, excluding additional undated warrants which were awarded as part of its transaction fees for advising, and raising funds for, the company. Additionally, Marechale has secured the right to be awarded further warrants over WLL shares for any involvement in future fundraising rounds. Mark Warde-Norbury (Chairman of Marechale) has joined the board of WLL as a non-executive director.
WLL is a lithium exploration and development business based in the Weardale Valley, County Durham in the north of England. According to the Climate Change Committee, 46 per cent. of all cars on the road will need to be zero-emission vehicles by 2030 in order to meet the UK Government's plan to cut carbon dioxide emissions by 68 per cent. Lithium is a key component in hybrid and electric vehicle batteries, making it a sought-after commodity. With the rise in electric vehicle manufacturing, lithium producers anticipate increasing demand for years to come. Marechale's holding in WLL provides its shareholders with the opportunity to invest in what is expected to be one of the first lithium exploration and development companies in the north of England.
This transaction is an example of the most recent equity investment in a client venture, and is over and above the balance sheet increase recently announced in the Company's annual results. The majority of Marechale's share placing funding from earlier in the year has been invested in, or committed to, a number of these completed and ongoing transactions, taking the form of equity at attractive valuations and high yielding loans with warrants attached.
Marechale continues to maintain a healthy pipeline of new corporate finance projects, and the board believes that the accumulating and maturing warrants, equity and founder equity investments in the Marechale corporate finance portfolio of client opportunities have the potential to generate material value to shareholders in the short and long term.
...
https://www.lse.co.uk/rns/MAC/client-fundraise-completed-tq166hjc72gq70r.html
Lithium play confirmed, additional £1.5m value estimated excluding value from warrants
Huge sell at 1.66, represents 0.9% of the market cap in one transaction.
Video went down well I see.
https://twitter.com/Bazreynolds9707/status/1429769810603388935?s=19
Bought some at 1.4 though Baz. Not been completely out of Mac for years. Recent moves have been positive
Blue, appear free to move to the next level..
About to break??? +
Nt @2.1 now.. Few more buys to take this blue. 4 investments at ipo status..
Not looking for the 1p Pete lol, this could be the start of a big re rate good to see you back in before the herd.
Cheap and I pinched a few more in the 1.80's. Three IPO's, in profit and valued at a million? Less than a leasehold flat in many parts of the South of England. Bargain price after such a positive statement. Mac directors often issue gloomy stuff....not this time.
With only 80m in issue all this churn is a bonus...
Will end the day in brilliant blue :)