Member Info for uxm484

No CEO can work miracles overnight. Mark has already invested in this, so we should give him a fair chance. He should be judged, but let’s allow things to unfold over the coming weeks before making conclusions.

Enjoy your weekend.

46.50 min.

https://www.brrmedia.co.uk/broadcasts-embed/665dca30025b0d99d3b94a69/?popup=true#

They may have to consolidate soon. Too many shares are being issued at these prices.

Looks almost certain to be approved now.

The media and public interest will be huge over the coming days.

Lets go......

Based on the previous valuation. On approval the valuation of the project will increase significantly. That should in turn increase the valuation of the stake held here significantly.

As a project this could be worth about 20 million plus to Marchele Group imo in the short to medium term.

What is the chances of planning permission being granted at a council commitee meeting if the reccomendation is to approve

ChatGPT said:

ChatGPT

If the planning officer has recommended approval, the chances of the council committee granting planning permission are generally high—often around 80-90%, but this depends on several factors:

Factors That Influence Approval

Local Politics & Public Objections – If there are strong objections from local residents, councillors may go against the recommendation.

Committee Composition – Some councils have committees that are more resistant to development.

Material Planning Considerations – If new information arises during the meeting (e.g., environmental concerns, legal issues), councillors may decide against approval.

Council Policies & Precedents – If the proposal aligns with local and national planning policies, approval is more likely.

Member Discretion – Councillors can technically reject a recommendation if they justify it with planning reasons, but overturning officer recommendations is less common.

Well said, Notpotalot. I suspect trades are being made through multiple accounts within the 0.60 to 0.90 range. Some sell based on what they hear, while others take the opportunity to buy in once they sell.

I usually do the opposite of what certain posters suggest.

Why This Matters

Strategic Importance of Lithium: As a critical metal for EV batteries and renewable energy storage, domestic lithium production is crucial for the UK’s supply chain.

Valuation Implications: If Weardale secures approval, it could drive significant upside potential for both Weardale Lithium and Marechale Capital as an investor.

Future Developments: The next key catalyst is the 5 February 2025 committee hearing. If planning is granted, expect further market updates and potentially increased investment interest.

The report has a recommendation to approve the application and is publicly available on the planning portal of the Durham County Council’s website.

Only 1 week wait. Should move big everyday??? Maybe 10p after approval??

If planning is approved, the project could become the UK’s largest lithium extraction facility.

Marechale Capital plc (AIM: MAC) has noted the recent increase in the Company’s share price.

The Company notes that, in respect of its investee company Weardale Lithium Limited (“Weardale”), Durham County Council issued a Committee Report on 28 January 2025 on Weardale’s planning application for the development of its lithium extraction project.

The report has a recommendation to approve the application and is publicly available on the planning portal of the Durham County Council’s website.

Weardale has advised the Company that the planning committee hearing is scheduled for 5 February 2025. If planning is approved, the project could become the UK’s largest lithium extraction facility.

The Company will update the market further in due course.

For further information please contact:

9 Million market cap seems fair given the findings with far more potential.

It should rerate but sometimes it takes a little longer. Good starting point at such a low valuation for what we have.

A few big buys and we are off.

Momentum should pick up. Plenty of upside with such a low market cap.

3 million seems very , very, very low.

This will explode on good news.

Well done guys. Watch out for Valirx, I think that will be next.

I don't see many sellers below the placing price.

Good trading price, 0.68 to buy.

The expected outcome could be devastating for new holders.

Tom80

Posts: 206

Price: 0.04

No Opinion

RE: RNSToday 10:31

They owe 5m plus interest

They survive on placings, grants and selling their "assets" at a tiny fraction of what they paid for them

Even they the payments are delayed or on a payment plan

Be ware