Member Info for Shaz247

Looks like one of the largest buy trades I’ve seen in mafl if my eyes don’t deceive me.

Also, possibly because of some news out from ASND stating they have sold their existing zinc mine due to difficult conditions and instead are going all out at Lagoa.

“The Company continues to field significant interest in the Lagoa Salgada project from the investment community, given the robust economics of the project’s Preliminary Economic Assessment, announced on January 14, 2020. This is being largely discounted by the market but will be a material source of growth for the Company in the coming quarters. There are multiple pathways forward for the project, and management is advancing discussions with several financial parties to that end.”

Very attractive PEA out.
When will the market see?

Up almost $50.
Nice to see when we are sat on mass stockpiles.

Last reported NAV was 15.15p.
Since then, ASND has doubled, the company last week received cash sum of $500k, gold and silver have strengthened and now a lovely RNS.
All in all, trading well below where it should be.

PEA looking spectacular considering MAFL is not even a £4 mill company!
Let’s hope to see some spectacular upside too.

Still NT to buy.
And Zinc is up almost $50!

No online quote to buy at 11p

It’s a good buy at the moment, 10p offer and 15.15p NAV at 30 Sep 19.
It may be slightly impacted by the fall at ASND by year end but should be offset by $500k cash payment due now.
One eye on ASND as any decent recovery will positively impact MAFL.

It's all coming nicely together for MAFL.
LS looks a dead cert as a producing mine sometimes in the future and that should bring along big rewards. Gold investments are about to pay off too hopefully.
So, perhaps we may start to see some more larger trades going forward.
100k at 11p is only £11k but agreed that it's quite large for this stock.

With this amount of cash coming in, how about a half a penny dividend?

On the up after about six months drift.

Fantastic news again!
Funny, there's no online quote to buy at 12.5p!

We are finally approaching around fair value at this price.
I have been invested here for a few years and have began to appreciate what a gem of a little company this is and with lots going on in the background building a real platform from which to take off in the future.
The deal with LS, for example, is in my opinion better than owning a mine outright and I am certain will bear delicious fruit.
I wonder where NAV will go in a couple years?

I believe we are due a few updates this month as mentioned in the last interview.
But in any case, the future looks very good.

Unable to obtain an online quote to buy since yesterday afternoon.

I'm just waiting for the day investors/the market begin to price in a producing mine with world-class prospects and grades.
Without dilution we could go triple digits quite easily imo.

LS looking very promising indeed and I expect significant value to be added as the project continues to move forward.

No online quote to buy since 10:30am.