George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
I think anything above 200p is a good first step. BARC has been undervalued for ages.
MAFL has been like this for years. It's no temporary blip due to the sector or markets. I agree, this should ever have listed publicly, its more suited to a private investment venture.
Tradingeconomics.com/forecast/commodity
Uranium as a commodity set to rise this year. YCA sp moving forwards depends not only on commodity price but also on how they set themselves to manage the business. The recent drop seems unjustified in the light of long term demand for Uranium so I can't help but conclude MMs are at play. I'm looking at ETFs now such as URA. www.globalxetfs.com/funds/ura/ This will give me broader exposure to the commodity. URA has over 20% in CCO and only 3.65% in YCA. This tells me all I need to know. If any of you are tempted to use these futures ETFs beware the 'contango' effect which can erode your capital when contracts roll. The opposite is 'backwardation'. Best of Luck to those invested here but for now I'm looking at exposure to the commodity a different way. TT
I'm out at nearly 50% profit which is good enough for me. I'll come back when MMs stop pi**ing about with the price. Uranium is becoming the new Silver as far as manipulation is concerned. TT
I don't know what the strategy here is. Most companies have 1y, 5y, 10y plan. I've only got about small holding (circa 5k) invested here but not prepared to invest anymore until growing the sp starts to become more important. Growing NAV with no tangible benefit, in either growth or yield, is not a game I usually play but since I'm in I stay even if I'm at a loss. Hoping that the sp can grow back to +20p.
Suptuous and sinful sausage rolls. I shall never forget that image.
I love watching the estimated NAV increase whilst the actual value of my holding decrease.
Great news JV but when are shareholders going to see the jam and get the sp back into the 20s?
Most conservative CEO I've ever known. How old is JV? Will we see a conversion of the NAV to ROI before he retires or the unfortunate inevitable happens? When either happens the SP will sink as he is Mr. MAFL. I wish him many happy and healthy years ahead but you have to wonder...
I agree with you Tom. McCall should have pulled Schofield off.
Need £1.85 for breakeven. One of my SIPP holdings. Came onboard in Jan 2023. Looked like a dead cert growth stock. Very disappointed so far. Thought BARC had shaken its old dodgy image but not much better than a dodgy AIM stock. Nice divis but would have been better putting the money elsewehere. These levels are tempting to average down. Hoping to get back in the black and then exit. Good Luck. DYOR. TT
yes anon, i always dream of going on holiday at christmas. perhaps being served a ****tail by a beachside lovely. alas, i have to console myself by watching my aged in-laws belching, sputtering and farting their way through their own weight in brussels sprouts and turkey. if it ever happens it will be jet2 for me. x
Very disappointing stock this one. Was mid-20s not long ago then halved. No sustained growth. No dividend and no prospect of one. Just people bleating on about how good the NAV is. Not much use if it never converts to growth or yield.
Life is good in Cayman...
I'd just like to know what the strategy is to get some market interest and liquidity into MAFL. Great that NAV is growing but does nothing for me as a shareholder if that can't be converted into growth or yield so I can enjoy a return on my investment within my lifetime. I've been quiet on here for ages but getting a bit sick of it TBH. Are we entering another doldrums period where price meanders aimlessly between 6 and 13p which last time lasted for years?
I can get a quote for buying but can't get a quote for selling even10000 shares. Nobody wants them. I don't know why the market has such an aversion to this share. I've had them since 2020 and seen NAV go up but sp has languished. Any ideas when we are going to see some growth here?
Dwindled down from 25p in less than 12 months. Great!
A hearty well done to everyone who had the powder to buy in low and sell at the right time. I hope the BOD can use this next 7 weeks to develop a really solid turnaround plan. I'll bet that there was some real tough negotiating and convincing going on. Rupert should be congratulated on salvaging this and release a timely interim RNS. I don't believe that the previous leadership would have been able to pull the same rabbit out. I suspect that the confirmation RNS will follow and then it will be all hands on deck (literally) to get prod rate up (I hope no more reductions or technical problems). Good luck to all holders short and long term. TT
Or a optimistic bull being led into a inescapable trap.
Yes .zstarz I recommended both your posts. IMHO this is one of the most undervalued stock listed and well overdue a re-rate upwards. Good Luck. TT