Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
applegarth - great post all these links I have read and that's the research investors need to do before investing in a company like this. The potential is huge. If you only read forum boards and twitter and follow the crowd you will lose.............. Another shake to free up some shares....... these MM's are good so you need to be a step ahead and trust your research///
50 on the ask again. Now investors seeing that this RNS was actually good news.
Top up complete another 657073 shares added. Too many investors get scared by others comments, do your own research, have confidence and then invest. Conference on the 22nd May in london where the CEO is going to speak about the success of the trial's, attend this if you have any doubts....We know from previous announcements that contracts were being lined up. If you were going to enter into a large contract in PSL would you check the balance sheet !!!! and thats why the placing happened. Now if the Company wanted to shaft investors they would have rasied more at 1.5. We now have the product and cash so lets see what happens next !
News this morning has confirmed that the product is now complete and ready to go, this means the trials have been a success which is the news we have been waiting for !! Now before other businesses do business with PSL the balance sheet needs to be fixed and this is why as stated by others the placing has happened with the confirmation that the product is ready. Next news updates will be the contracts, so why are people selling. This is just the start and for me at these levels I am topping up. Nothing has changed fantastic product which is ready to roll out.........
This is from December last year - https://www.iotsecurityfoundation.org/wp-content/uploads/2017/12/11_James-McKenzie-Dave-Locke_-The-Importance-of-IoT-Security-1.pdf
Interesting reading the much busier notice board but this is still under the radar, opportunities like these imo do not come around often. I can see steady rises to get us to a platform before news is released and I reckon it will be out before the below conference. 22 MAY 2018 | CAVENDISH CONFERENCE CENTRE | LONDON Dr James Mckenzie will discuss the use of cloud based services that make it easier to manage the emergency lighting in your estate. He will look at the use of remote monitoring of self test emergency lighting drawing on recent projects where this software has been installed.
Current Market cap �3.2m ??? As at year-end 2017, the fully diluted Net Asset Value per share was 7.43p. an increase of 18.9%. Our cash position, as at year end is robust at �456,095, while our total investment portfolio is �2,200,061, up 72.7% from December 31, 2016. This is without Lagoa Salgada which is the biggest asset MAFL own and then CAP Energy which has a massive potential. Just sit back and wait for the next update.
Just topped up at 9.2p and had to wait for 10minutes for the order to be completed, very strange !!!! Just waiting for the madness to start, if its this hard to buy now imagine what its going to be like when news arrives..
Great update, 3rd largest in Portugal and last update reported grades were better than next door!! Mafl is undervalued as LS not factored into MAFL value clear to see after todays reaction on open. If MAFL was a mining company with the same market cap that held a large percentage of today upgrade in resource the price would have reflected the news. With so many positive updates in the last 6 months we should now be trading at a different level, the market and investors do not understand mafl set up and struggle to value MAFL that is now clear from the market reaction today, I have a feeling this will all be cleared up soon. Time to switch off again and come back in a month. Gla
I reckon all will become much clearer within the next week, when JV reports that they have met the expected increase in resource along with the added value of Tin (we may have even exceeded the expected increase, who knows !!! as JV has always been very cautious and does not seem like a CEO who will ramp and put out numbers without being confident) and then clears up how MAFL is going to benefit from selling or getting a partner involved. Yes risk v reward but at the moment LS is priced within our market cap as cost and we know its got to be worth more than that.
June 7th - RNS below - the dollar value of the in-situ value accretion to TH Crestgate's benefit is around US$144 million of additional in-situ metal to its credit with this transaction. (This Transaction was only 15%) They have now increased this by drilling a further 6 holes, followed by some great results on 5 out of 6 holes. George Town, Cayman Island - June 7, 2017 - Mineral & Financial Investments is pleased to announce that TH Crestgate GmbH, a private Swiss based investment company in which MAFL has a 49% holding ("TH Crestgate") has, as of today, increased its stake in the Lagoa Salgada Project in South Central Portugal to 100% , by purchasing the 15% interest held by Empresa Desenvolvimento Mineiro SA ("EDM"). EDM has assumed a leading role in the domestic Portuguese mining industry, performing the role of sector operator for the Portuguese State and also assuming the role of "holding" company for the government's mining investments. Jacques Vaillancourt, Chairman of Mineral and Financial, stated: "We understand from TH Crestgate, that the dealings with the Portuguese Government and its state owned mining company, EDM, have been exceptionally positive at every step. Specifically, we understand EDM has been an excellent and supportive partner on the Lagoa Salgada Project. TH Crestgate proposed the purchase of the 15% interest; however, it was EDM that proposed the structure. This transaction shows how constructive EDM is for mining companies. TH Crestgate believes that a 100% interest in Lagoa Salgada will provide greater overall flexibility with this project. Additionally, the deal will allow TH Crestgate to access the technical expertise of EDM. As a result of this transaction TH Crestgate's net in-situ metal resource ownership will increase by 41.5 million lbs. of lead; 42.3 million lbs. of zinc; 5.1 million lbs. of copper; 1.16 million oz. of silver, and; 17,780 oz. of gold (see table below). To put this transaction in context, assuming the successful move of the Lagoa Salgada Project into production, and full recovery of the resource outlined below, the dollar value of the in-situ value accretion to TH Crestgate's benefit is around US$144 million of additional in-situ metal to its credit with this transaction. However, at this stage, there can be no guarantee that this value will be achieved "
Not long now after so many predictions over the last 12 months we will soon see the true value of LS. Most shareholders have been invested in MAFL for sometime watching this story unfold and with JV being the largest shareholder and a history of doing big deals we are in good hands. The last 12 months has seen some great updates go unnoticed which has allowed many of us to top up along the way. When you compare what LS has to other companies we are undervalued and off the radar of the herd on twitter/LSE. JV does not ramp on any podcast or send out pointless updates to attract investors and as he has already stated many times shareholder value is important so is not going to waste money. I hope that the resource upgrade and news of partner or sale comes on the same day and all long term holders reap the rewards. When you read the last 12 months updates and understand how JV come about LS and why its with THC along with JV experience you can't help but get excited and dream about the potential. gla
BBC news today reports - A Christian pastor has discovered one of the world's largest uncut diamonds in Sierra Leone's Kono district. The diamond, weighing 709 carats, is now locked up in Sierra Leone's central bank in Freetown. It is one of the 20 largest diamonds ever found.