Member Info for MaxHSpringer

Good morning just popping my head in while having a coffee! I would think that not only is it on other companies radar, but suspect that there have or are currently at some level of negotiations! That would be brilliant! At this point I believe that MAFL should really engage on a PR campaign! This would raise awareness of the company. At the moment not many people know about MAFL and in my case it was a mate who told me (repeatedly) and initially had a look at it when it was just about 20p At these prices it is a risk reward within my tolerances and think that LS has been significantly de-risked with the previous five results. All IMO but think we are onto a good thing here! Now if we could just get the Canadians to put down the Syrup and get those results out, hahahaha!

Quad- let me ask this, how much do you think the metals in the ground are wortg based on figures so far? I ask because the average buy out for a gold deposit is about $25 per recoverable oz of gold in the ground. I know this because of another company I am invested in. I do not know how much a buy out of all the other commercially retrievable metals would be. So. If you look at a couple of your garden variety Tesco Extras, they would cost more than �35m. So, I thought I would try and quantify this. So, �1 a share is realistic if all goes well and it is feasible to consider even more/

$haz- I did say that it could open at 50p and quickly move up from there! But it really doesn't matter at what price it opens if a 7am RNs as long as people buy in (try to)

Ma5k- the good thing is there are so few free floating shares. If good news comes out and the BOD launch a good PR campaign and we hold our shares, it would open easily at 50p and quickly go up from there. Just a few shares shift the share price

Quad- I agree! I don't think that there is anything to worry about. My point is that the news might have a bigger impact if it is all released together. Either way, I am sure we will find out very soon! GLA

Quad- if it was the first hole or any others, I wouldn't think this. However, as this is the last hole to complete the puzzle it gives it a different spin. A hole doesn't take long to drill and extract core samples. So, the significance of the hole in completions the planned picture would be an ideal opportunity to allow someone to come in and say " I'll pay you this for that,if the results are x"! In the meantime sign this confidentiality agreement, thank you! The other scenario I think is plausable, is that the bod have released the results for each hole so far and everyone here has an idea of what to expect. So, the bod could think that it would have a far bigger positive impact if the results were released when the modelling has been completed!

I'm just surprised they hadn't informed the market about the hole! Could there be an offer subject to final results and the BOD have a news blackout? I have gone back and no updates and someone was saying that the company have not been responding to emails!

Quad- i look at today's trades on monetam and sometimes the screen refreshes without prompting and when it does you will sometimes see trades that weren't there appear and sometumes disappears! My mate did three transactions. His largest was the 41k buy at about 2.27pm but it wasn't there until after 15:00. So, I go back and look on moneyam and lookie here, there it is in the correct chronological order, when it hadn't been there at all and is not showing as a delayed transaction. You will also not that the share price was taken down towards the end of the day. So, this looks like the mm's had to go long to fill the order and the. Took the price back in order to not loose money! Now if you look at the transaction over the last five trading days only today and Thursday have there been more buys then sells. Also both yesterday and today, you will see a significantly higher volume. So, assuming that volume continues we could see a northward movement of the share price. Based on what I have seen and read it seems that people had gone rainbow chasing while the final results from hole five land. These results look over due and would suggest that the company will RNs this as part of the total findings and appraisal results. Any thoughts on this?

Quad- I think it's because there are so few shares available. So, half the time it looks to me that the mm's sell shares they don't have yet! Then they hope someone will sell them some to balance the books, lol!

I can't see it on MoneyAm though!

That's the missing trade, yes!

Hahaha! told my mate to go back to work! He's ******* himself laughing! his 41k still not showing, but his 38k is and his 9k. So, how many people may have bought today and not been reported?

The Dude's gone mental! just bought 38k shares!

Yes, he has �30k in here now! Initially bought at 22p so lowering average! I am on a couple of other boards and have been on a few others with only1, so might say hello at some point, hahahaha!

actions were at 15.49

Just texted and bought 9309 in one account and 41,883 in another. The 41k is delayed as not showing and this would indicate that mm's have no shares as both transactions had to be done on phone because of NT! Wow!

The oil seems to be some where in the mid 30's for API so a light crude! Nice quality to boot!

Shaz- �50m for your first project would be really good and at that point the BOD would need to decide- do we hold out for more and it may take x amount of time? Or, do we take the money and would have a good war chest to develop the next project? This is a question that either way would put MAFL on the map

I also know for a fact that the sp will be going up this afternoon as I have a mate who will be putting in �13k this afternoon and as a result might move things along. This is part of the reason I bought in when I did hahahaha!

Thanks Hardy, Thanks Quad- As much as the drill hole results and re-appraisal of LS is but one of the several projects that MAFL have on the go or in their sites. The drill results and re-appraisal are two very significant milestones for a young company. I think that for a company like this to have the success and retain such a low number of shares, it is essential that it's initial projects go to plan and that the business build a healthy war chest for future projects and to have the margins and resources to see out any future complications or delays on future projects. To me the only risk is that the company were to either bite off more than they can chew or that a company burns through cash and then needs to dilute. I don't think that will be an issue here, but this is why for me so many people want to see this final result on LS.