Member Info for Hardy78

Make_money - next expected RNS is for the results of the final drill hole. We are then expecting the official report for the resource estimate by the end of the year. However, we have already had one unexpected RNS for a re-assay of a previous drill hole, which outlined details of potential indium quantities - the icing on a particularly delicious cake. Buy and hold whilst the SP is still cheap IMHO...

Daveavt- absolutely, you need some selling in order to create a market. Buying pressure should keep us moving higher though. GLA

Potential mortgage killer in the works here. GLA

It’s like a pressure cooker Sam - when it finally goes, it’ll blow the lid off!!!

You would think that the BoD would already be courting potential suitors. The tiniest mention of that in upcoming news and we will be off to the races!

Tomorrow is four weeks since the predicted 2-3 weeks for the final drill hole results. Saving the best for last?

Any thoughts on the RNS?

Apparently I’ve been ramping ZIOC too - the only time I posted there yesterday was to say I had sold out! :-)

happypennies - there's no need to ramp this share - the RNS's speak for themselves. Current time frame in the short term is that there are final results due to the sixth (of six) drill holes which were carried out to firm up/expand the resource estimate for LS1 (anticipated value to be �1B to �1.5B). LS1 is one of SEVENTEEN areas at the Lagoa Salgada project. The report into the drill campaign is due by the end of the year. It is then expected that LS1 is sold on to mid-tier mining company for cash/share options at multiples of MAFL's current Market Capital. And that's just for starters! The share is currently a target for traders due to the low liquidity, though within the last four to six weeks, the SP has stabilised and doesn't tend to have such violent swings up/down. It doesn't take much buying pressure to make the SP move upwards, so any significant news on the resource estimate should see the price skyrocket. Good luck with your investments!

Rasmus - what are the targets on your chart fella?

Mr Hofmann knows a good investment when he sees one!

Marineville - glad to see you’re invested in a decent shade for a change! Good luck! ;-)

Getting interesting folks - good luck!

Two big 300k trades just come through. Starting to get interesting now...

Thanks all!

Full disclosure - I had to slice 15k of my shares this morning to free up some funds for the open offer on JOG which had a deadline of 9am Don’t worry, they will be returned back to my full holding ASAP!!!

Not sure if Only1 still holds here - he’s been busy elsewhere, but when we last exchanged posts he did say he was still in.

Great end to the week!

Only trouble when II’s get involved is that they’ll want a decent % of the overall holding at a good price, which inevitably mean a placing of some description. Make them buy on the open market like we have all had to do!!!

With MAFL it’s not a case of ‘If’ but ‘When’. Stay strong people!