Member Info for 6zeros

what a messy chart, looks like a toddler has been at it with the crayolas .. if you are a wizard, and can predict everything correct.. why are you not a billionaire?

back above 3100 .. near year highs https://www.fastmarkets.com/freecharts/freechart.aspx?id=fmnew-xznfd3s-01w

Probably no way of knowing, unless you can get some direct info from someone at Cap. They aren't listed so have no reason to update to the wider audience. I guess the only people who will know anything are investors (like MAFL) and those directly involved in the co. Considering Cap is "Among the largest of our non-quoted investment holdings" it's fair to assume that any positive developments there will be a good boost for MAFL.

Hmm never seemed like an angry person to me.

Nice one lewis, you'll be rewarded in good time. If O1N sold out, must have taken a beating then, as there's been no great selling volume since he was posting apart from down low to 9p ish.. what a shame. I must have bought his sells!!

A dormant company is pretty common. It just means there's no real transactions happening.. no form of revenue, no real outgoings.. nothing to tax at the period. As it's simply his holding vehicle for the shares and stuff he owns.. it will be classed as dormant until he cashes in on something. Simply means you can submit a really short and abbreviated set of accounts and save on accountancy fees.

There's been no holding RNS to say they've sold any. Stake must have been reduced due to dilution over last couple of years.

These rules, however you interpret them, all reinforce the reason why this company has been set up. To profit from, create growth from and seek out excellent new investment opportunities. From plain old investments (ETFs Cap Energy GLEN etc) to more of an advisory role (THC / Lagoa Salgada).. Jacques Vaillancourt is using this vehicle to provide finance, advice and invest in opportunities where his decades of knowledge and experience can increase his own wealth. Great stuff.

There's nothing in an RNS mate, he's said a few times it's his just his opinion.. maybe right, maybe wrong. but even if it's not right MAFL's 49% share of any spoils will still be a significant sum, in comparison to market cap.

No problem! It seems to suggest that, otherwise they'd have bought 50% maybe or more. 5.4 Rule 12 substantial transactions is an interesting paragraph for the future (maybe).

Shaz I know companies who own more than 49% of another but maybe it's to do with MAFL being more involved than just a silent share holder? The document lays out some conditions.. I dunno tho ., I'm no AIM lawyer!!

hi the 49% and the talked about investing company rule related to the controlling stakes paragraph on this document I believe http://www.londonstockexchange.com/companies-and-advisors/aim/publications/rules-regulations/note-for-investing-companies.pdf

Whoah, just noticed 88e down 40%. I used to be that from late last year, glad I cashed in.

Last two drills are complete too.. so next results will be in any time now.

Wizard.. must be a right of laugh round at your gaff..(not). You should try some of our rosey specs one day.. being positive spreads positivity throughout your life.. being negative breeds negativity.. I have this picture in my head of you looking like Jonah with a rain cloud following you everywhere.. change it!

"MAFL's NAV at the end of the period was 7.05 pence, up 12.8% from the end of the last financial year".. so.. still it gained over the year.. with mega low cash burn.. and.. "During the period the performance of our quoted equity and ETF portfolio was broadly flat, with slight downward adjustments to the valuation of our holdings in Glencore and in our gold, silver and platinum ETFs. Post period-end though, those falls have been reversed as commodities demand has remained strong over the summer, and the gold price has surged on dollar weakness and the renewed political risk of conflict with North Korea.".. Also GLEN shares are up from a low of 280 end of June, and hit 370 t'other day.. I'd say the Nav is near what it was earlier this year right now. And as Quadrum says.. we are now moving into the exciting time of resource games.. take your seats. These last 3 drill results could land all at once, any day.. after that.. we know what's next.

Wizard, the market looks forward not backwards.. the Nav was down due to gold etc being down.. If you hadn't noticed it's up.. a lot since then.. so I'd hazard a guess that the Nav is currently around the same as last update now. We got a good update, we know the cash burn is still low, they are moving things forward nicely.. just a waiting game now. Shame you had to sell your 9p trade, looks to me like that could have been a super entry for a medium term hold. Hence why I was a buyer down there.

Quiet until a drop eh. And these are "supposed" holders..

There's the "chunk" that they needed.. for now.

will probably keep sneaking higher until someone offloads a decent chunk. People are having to buy couple of hundred quid worth to get in lol