Member Info for Shaz247

Quad: Ah, just as I thought - hardly anything at all in the price and at a gift for value investors. Your further comment regarding a two year high in Zinc prices with low global stocks is just a tad out... try decade high!

Mcap £4 mill. Can someone tell me the current value the market is attributing to LS minus cash and other investments? I am getting figures for which value investors will seem very interested, i.e. very little is priced in.

Im hoping it can only go up from here. Early last year, we were breaking 20p on talks of a sale and since had a doubling of resource and monetisation is back on the menu. Impressed with today's RNS and cash position is very healthy with no need for any placings.

One needs to research the two mines next door. Very similar and now cash cows. I just cannot see a reason why this one is not heading towards the same direction.

Volume and trades picking up ever so slightly although nothing showing on this site, likely due to an internal problem. Small buys but I get the feeling they are Swiss side.

We continue to see the disclaimer containing the word 'commercial.' However, on a previous RNS we have seen the company state that copper content alone makes the project commercially viable. The third largest deposit in Portugal will surely attract attention from the nearby miners with all infrastructure already in place? Makes economic sense to me.

"This drilling program is targeting expanding the resource by 75%-to-125% to between 8.0Mt and 10.0Mt, although at this stage there can be no guarantee that can be achieved." An example of the prudent nature of this company from the above statement. At the time, everyone latched onto the standard disclaimer of the 'no guarantee' but we know since last week that they have achieved top end forecasts. So, what's priced in here?

Yes no sellers and I suspect we may have a buy order around the 11p mark Swiss side.

To see there was not a single trade on Friday - we must be well off any market radar. Very happy holding and waiting for the excitement to come.

Im hoping we see a few more now the long waited report is in our midst. Don't believe the pi market knows how to value this so over to the large holders to lead the way.

And a pathetic market reaction considering the mcap is on the floor. Can't believe anyone sold on this news but hey ho, I'm not selling a single share!

Up almost $100 today and again through multi-year highs. Can we have this report pls asap? The earlier RNSs indicated fantastic grades.

I think MMS are just trying to clear the stock they took in yesterday. I believe there were two 100ks that were sold at around 11p below the printed bid at the time.

Had to read it a few times to digest but very positive indeed.

No they sold that interest many moons back.

Yep very good to see buying Swiss side. Also, I note Zinc has now flown through multi/year highs.

Back up to multi-year highs. If MAFL can confirm a decent increase in resource size and with the current macro economics surrounding Zinc, it could make very interesting reading as to the potential value at LS. Current mcap a shade over just £4 mill so hopefully new investors will be able to see the upside.

Note, JV is also ex-HSBC being their Global Head of Metals and Mining. Maybe an old team getting together?

Will have to look back to see which director it was and how many they were holding. Anyone remember? Possibly sold them at over 12p and today has effectively purchased them back at the option price. Not bad.

13/12/17 295k 12.25p Well remembered and interesting.