Member Info for 6zeros

http://www.mining.com/web/billionaire-lundin-chases-base-metal-buy-3-billion-budget/ At least the players just up the road from Lagoa Salgada are looking for new Zinc assets. I bet others are too.. Not saying they are an interested party (wentslad!!).. just pointing out the appetite for assets such as ours. Interesting that the commentary at the latter 3td of this article come from current head of metals and mining at BMO markets .. a position that our CEO used to hold.

Yes we could drift a bit. But considering the way some shares have been dropping, the downsides not been so dramatic. Just back to where we were a couple of weeks ago. Noticed a few block buys again down at this level today. Could be the swiss making more moves.

Looks like FAR are having some decent success with their oil in the Gambia. Remember Cap Energy's blocks are just above or below these blocks that FAR have licences .. (can't remember exactly off the top of my head).. https://smallcaps.com.au/oil-gas-giant-petronas-far-drill-offshore-gambia/

Oh, and maybe.. (speculation).. these new investments were part of the reason Allistair quit? Maybe didn't agree. But if so, I'd trsut the guy who has been head of Mining and Metals for some of the world's largest financial institutions, over a mining journo.

nomlungu. Not really had time to look into the new investments, apart from a quick skim of the websites, but from the Ceo's past chat in the final's RNS and Nav updates, cobalt always gets a mention. I'd expect Artemis is an exposure into that. Imperial.. again don;t know much about them, but I'd bet JV knows a hell of a lot more!.. Price was right above $15 in 2014, is roughly just above $2 now.. so, if he knows people, knows the area, and he knows his stuff.. I'm sure it will pay off.. I trust their judgement more than mine!

zinc in warehouses falling hard. Lack of supply and steady demand, hence prices at decade highs.. https://www.fastmarkets.com/freecharts/freechart.aspx?id=fmnew-xznssumm-01y

reported as sells it seems

There’s a ton of different scenarios that could end up in place through negotiations.. it’s even conceivable that a “new partner” could just buy out MAFLs 49% and then JV with THC, leaving us with a healthy profit and funds to pursue new investments.. I could sit all night and think of various deals but it all boils down to one thing .. whatever it is , is going to add a fair chunk of value to MAFL

wentslad .. wind your pecker in mate. Ok I said sale, I missed saying JV. I’m sure the paragraph from the RNS today that has been posted several times is clear enough for anyone with a brain

Hi Q. Agree with your post

We are up 1.1% lol

No debt.. no issuing shares like confetti as others do on AIM.. excellent investments and assets written in at book value.. healthy cash position, considering the peanut salary the directors take.. all for a stupid market cap.

Yeah U69.. it was always going to be sold. Some just need to hear it from the horses mouth. Like I said about the emails I had, those last bunch of RNS were written in depth specifically for others than average share holders .. talks probably already underway

TH Crestgate has notified us that they intend to monetize, or find a partner for the Lagoa Salgada project. M&FI is working closely with TH Crestgate GmbH in aiding to secure the most suitable transaction possible. We note that our investment in TH Crestgate GmbH is recognized at our investment cost. Our market cap is a joke imo

Well run company this is. Nice update there

hi marky! yes, all holes done, resource upgrade released. Now awaiting some developments on a sale or JV at Lagoa Salgada. And hopefully some Capenergy news on exploration

Interesting! The cherry on the cake

Well at least price has held up while markets are a bit unstable. Can’t help but feel many are missing a trick here at this price!

Lead in a strong uptrend too.. healthy for us! https://www.fastmarkets.com/freecharts/freechart.aspx?id=fmnew-xpbfd3s-01m

no zinc left in storage!! (well nearly).. come on MAFL get this zinc sold! https://www.fastmarkets.com/freecharts/freechart.aspx?id=fmnew-xznssumm-01y and prices are flying... https://www.fastmarkets.com/freecharts/freechart.aspx?id=fmnew-xznfd3s-01m