Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
What is going on with JV ?? Almost month has passed and still no update ??
Additionally, following a request by Empresa de Desenvolvimento Mineiro S.A. ("EDM"), the Portuguese State Mining Development Agency, for a 60-day extension to its existing option to participate in or sell up to a 15% interest in the Project by making its election by 3 February 2024 (previously 2 December 2023), Ascendant and the Company have agreed consequential amendments to the terms of their respective call and put options.
Nice buy just popped up on live screen always know something is coming when these types of trades pop up on a really quiet share. We could be looking a huge increase in share price if MAFL get the 20% even if they don't we are still significantly undervalued.
Lol you are so right
a January update !!!
Interesting just copied the below from Ascendant - Just waiting for JV to confirm !!
Ownership
As outlined in the original option agreement post publication of the Feasibility Study, Ascendant fulfilled all of its obligations in relation to the option agreement to secure an 80% interest in the Lagoa Salgada Property. The remaining 20% is currently held by the Company's partner Mineral and Financial Investments AG ("M&FI").
Good update with further upward movement on assets, surely worth alot more on the market cap. I am hoping that this was the foundation RNS of what is to come with regards to the 15% coming to MAFL followed by share buy back using some of the cash then we will have lift off.
As at Dec 2022 accounts 64% of the company was held by Directors and Major investors holding more than 3%, the free float number is not the shares available to buy its the shares that are out in circulation with PI's like us and investors holding less than 3%.
Looking back over the late trades reported a few big sales including £105k that was below Bid so not sure how someone is claiming that to be a buy !! the one after the bell is defo a buy. We will have some investors that got in really early before Dec 12th and have multi bagged selling so can't blame them for taking profit. We will get to a point very soon that these sells dry up and we move forward as plenty of value still left. So my plan is to keep adding and sit tight.
Agree Discodog MM's controlled the rise this morning they know most PI's can't hold so they make easy money, but clearly the investors who can do some research know this is worth a lot more in months ahead are filling up.
Commenting, Peter Bardenfleth-Hansen, DGI CEO, said: "The grant of a patent from the CNIPA is a significant milestone for DGI. The market for EVs in China is growing at an unprecedented rate and Pareta® is a unique and transformative solution: it is safe, scalable, and flexible in its applications, with the potential to transform the future of transport in its path towards decarbonisation. Along with our R&D team, I look forward to driving our growth in the region, leveraging the best of British innovation internationally."
Don't forget DG Innovate is not just about the Sodium Battery, the below technology is also huge and a game changer in it's own right. No way should this company be valued at £21m. The Tech below could be Huge.
Enhanced Drive Technology (EDT) from DG Innovate paves the way for electric vehicles that have greater range, lower manufacturing costs and increased reliability. While initially developed for land vehicles, with a particular focus on bus and HGV applications, DG Innovate’s Pareta® electric drive system is also suitable for applications in the marine, renewable energy, and aviation sectors, where it offers equally significant benefits.
Developed alongside the UK Ministry of Defence and Tier 1 manufacturer Meritor, the Pareta® drives system, which features numerous patent-pending innovations, comprises a novel motor with integrated high-power inverter and control electronics. The system’s unique architecture effectively divides the motor and inverter functionality between multiple segments, each of which can be powered and controlled individually. This ground-breaking design brings crucial advantages:
Exceptional power density – up to 12 kW/kg,
High efficiency – up to 98.5% – across a wide speed range,
Lower energy input for higher torque output,
Built-in redundancy and reliability,
Reduced EMI,
High- or low-voltage operation,
Cost effective at scale
See the website for more info but thought its worth reminding everyone its bigger than just Sodium ION
The Global Sodium-ion Battery Market is projected to grow from USD 373.6 Million in 2023 to USD 40550 Million by 2029, at a Compound Annual Growth Rate (CAGR) of 118.4% during the forecast period.
https://reports.valuates.com/market-reports/QYRE-Auto-2F1114/global-sodium-ion-battery
Directors talk put this out today on Twitter
https://frontierpost.com.pk/e-drive-system-marine-project-boosts-dg-innovate-stocks/
Billy your here for the journey as your previous posts have stated if you look at the times and price of both trades the market has not moved they are a switch. I wish I could buy more lower like you but I see it as very unlikely but what is the difference between .20 buy today or wait make a tool of yourself for .17 when at the end of the day this will be many multiples of current market value in months/ years to come. good luck
Hhaha Billy not sure your going to get your wish of keeping your average, you might but those trades today were not someone selling. Last night you failed to comment on the Large Buy. Like you I am here for the long term and keep topping up when I can now Good Luck.