Member Info for barnetpeter

About 125% up on the week and at the highs about 160% up. Next week is going to be much more interesting. Hoping this will break 5p

The Nasdaq is struggling at this time with worries about AI so it might well be that someone has lost a lot of money on one of the big 7 and is a forced seller of everything. This hit below 5p on Monday so anyone brave enough could have made 100 per cent on these this week. The mkts are very volatile since Deep but it will settle down when the news is discounted by the mkts

I would have liked this to fall to about 2.5 personally. Got lots of Mac and been in this for years but would have fancied a decent top up below 3p. I know….being greedy

This was just 0.55 in August 2024 so plenty of room to fall. My guess is much lower yet unless there is good news. Plenty are still in a good profit here. Long time before this gets back to over 3 p. No gloom from me just realism.

Justas....this is a dawg that has lost most punters money. From over 2p to ten a penny and diluted every year. It only has a rally though and the key is to then sell. Most punters are sitting on big losses. It never achieves anything and that is true over 5 years. From around .12 to around .19 but beware the discount placings.

Thank you Sieveco

A billion in time. Mac owns 8.5 per cent.

Most shares in mac are held firmly.... mac often moves up and down sharply. This time there is a real reason for the movement. The Council vote next week is vital. Remember that Horse Hill had a strong recommendation to allow but the full Council never allowed it. Some high profile votes can get adjourned so we might get a delay.

The market cap is well covered by Weardale if planning permission is granted. Exciting times.

8.5% of potentially the largest lithium project in the UK. Similar projects across the World are worth many billions of dollars. Of course it will not happen overnight. The potential is for MAC to make how many millions? You do the maths.

MAC is usually a bit downbeat, Never read such a comment such as this today

Weardale has advised the Company that the planning committee hearing is scheduled for 5 February 2025. If planning is approved, the project could become the UK’s largest lithium extraction facility.

Now in time and if true Weardale would be valued at between 2 and 5 billion pounds. It will easily find funding and government support.

Mac tends to underplay things. It always has. This is the first time have ever read such comments from Mac. As such the value to mac ....well you do the maths

Doubtful. But after next Wednesday? Likely ......Councils are strange though. When the permission is granted and final then there will be no doubt.

Weardale has advised the Company that the planning committee hearing is scheduled for 5 February 2025. If planning is approved, the project could become the UK’s largest lithium extraction facility.

So MAC has a share that could be worth many times this cap.

Did not buy yesterday at 5.5p then Avocet? We have missed you! When YOU post the price goes up...

Excellent news. MAC will not issue anything until after the full meeting approves this. You know what council meetings are like you could get a huge protest from some group demanding this be refused from an environment group . Unlikely I think but these days you never know.

No idea why the sudden rally, have the government backed one of the investments? Holding

Everything I posted on here was and is true. I never ever lie on this forum. Good or bad. What is the point? I don’t know you and I don’t really care about what most think. Many lose all their money chasing rubbish. I had stacks of these at a crazy low price on two accounts. One of them I did not dare look at because I knew I would be tempted to sell At the highs I sold stock that cost me just over £30 and I got nearly £4000 for them. I probably will not see another rally like this in the rest of my lifetime. The AI rally was mad but we only got a few weeks because of China. Shame. I still have some of these and yes I should have sold them all. But I didn’t want to sell. I made a lot of money and had a lot of fun on a stock I have been in for years. Sometimes a dawg with fleas turns into a swan. For a while.

My highest sell was just below 13p. I had lots of fun until the Chinese got stuck in. I reckon the tech markets will rally today but then we will heavy falls. That is often the case when a shock like this occurs. Billions invested then what? Much of the money will be written off. Like the .com. The internet is bigger than ever of course but it is no longer exclusive. Competitors pile in and it is available free in any coffee shop. The visions of huge profits may turn out to be true but maybe not for 20 years...

Notready...yes I did buy at 0.6. Yes I did sell yesterday morning. I said this would now fall to 0.8. By the end of this week now looks likely. The tech and AI bubbles have ended. For now. The bid is currently 1p. It was nearly 1.50 yesterday morning. Buyers then now need 50% just to break even. I will have another look at below 80 although 60 would not surprise me. All this type of stock is tanking away and it has further to go. All the latecomers who piled in at the top are way down. When the ship starts to sink dont pray. Jump!!!

I thought Ondo was heading down to about 32p because the market was only interested in AI and was chasing stocks that 5 folded every hour. Now that has ended for a while ato t least the buyers are back here, including me adding today. We just need some news to see this 40 p level broken. It has struggled at that point as you can see from the chart.

Sure. Not just in this one. The AI bubble ended when Deep announced it could make an app for less than £6 million and give it away for free. I was selling my AI stocks yesterday morning.