Member Info for 6zeros

lolol.. I think the RNS is broke

hello mr RNS machine?? http://www.ascendantresources.com/English/Investors/press-releases/press-release-details/2018/Ascendant-Resources-Acquires-Interest-and-Option-in-the-Highly-Prospective-Lagoa-Salgada-VMS-Project-Located-on-the-Prolific-Iberian-Pyrite-Belt-in-Portugal/default.aspx

No RNS yet? haha.. when will people wake from their slumber..

Hold all the way now Shaz. It’s in black and white .. a pure free ride for MAFL now.. what a great few hundred grand investment this turned out to be.

"Lagoa Salgada already has a good-sized resource which is very near the scale and grade necessary to be an operating mine. Leading VMS experts and geo statisticians engaged by Ascendant concur that a high impact, low-cost drilling program can be completed by year end that will have the potential to substantially increase current resources. It is our expectation that this program could have a material impact on net asset value for Ascendant shareholders." We hold shares and a percentage of LS on a free ride .. happy days.

“Investing a minimum of $9.0 million directly in the operating company, Redcorp within 48 months of the closing date, to fund exploration drilling, metallurgical test work, economic studies and other customary activities for exploration and development, and Making payments totaling $3.5 million to Crestgate”

Nice find!! https://globenewswire.com/news-release/2018/08/01/1545256/0/en/Ascendant-Resources-Acquires-Interest-and-Option-in-the-Highly-Prospective-Lagoa-Salgada-VMS-Project-Located-on-the-Prolific-Iberian-Pyrite-Belt-in-Portugal.html 25% of THC / LS bought for $2.4 million. Company to fund accelerated drilling and exploration of whole area.. IE looks like they’re going to explore all 17 areas maybe?? wow.. future value unknown.. but they just valued THC at roughly $10m with that 25%

yawns .. i bet you’re fun at parties

Let’s hope it’s very soon ;-)

As far as I know there’s no issue with Cap’s whole owned resources but there’s articles from about a year ago suggesting that Cap were trying to claim something from FAR. Think there was an agreement on one of FAR’s assets and Cap are disputing it. Here’s one I found. https://mobile.offshoreenergytoday.com/far-denies-story-of-alleged-court-dispute-with-cap/

Got a good feeling about the coming weeks and months ahead .. The short update on Cap energy was brief but that’s one under the radar imo. Even MAFLs small percentage could be significant should Cap hit anything like the oil FAR did in that area.

Yes would seem so, although all with same Nominees seems odd. Strange no holding RNS do must be lots of small holdings ..

Somebody just pointed out to me on Twitter that Lynchwood Nominees now owns 22% of company which is up from 10% of company in last annual report. As there are no announcements I can only assume they are holding as a broker on behalf of private investors.. anyone know who?

Thanks Wiz, give him my regards.. also nominate me for a transparency award. A few on here should really look into the qualifying criteria.

of small buys and top ups all morning on this drop, nice to see people making the most of the opp . even the earlier reported sells were mostly buys bar one I think .. so.. must be a large delayed trade being worked that will drop in over next few days..

It's not 2.6 m of cash in bank, it's working capital as a financial investment company.. IE they have some of the capital invested in Gold and other ETFs and shares..

Don't recall ever saying you are wrong, just that I don't agree, there is a difference, just so happens that my disagreement was wrong lol .. My investment is based on the future value here, as I have always stated. Not a chart. Thought we would have been higher than this by now, but the assets (LS and Cap) are still yet to produce their fruit being written in for nowt just now, so as I keep stating, simply a waiting game. Patience needed.

Hey wizard .. as always you are fast to highlight the obvious issues and “problems”.. but as always you are here swooping around like a vulture.. care to point out any positives? I mean there must be some right? or why do you keep returning?

you love being "that guy" don't you ..hehe

less than NAV and working capital yes..