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I have a small position. I will wait it out.
The only chart that will help the lithium stocks.
https://tradingeconomics.com/commodity/lithium
Thank you, sir....Queston would you try and get out now and take a loss or wait and see what the R/S news brings to attract new investors?
IMO, R/S are never fun, but I have seen some workout well in the past. I will probably hold my shares and hope we get some decent news and the stock pops. Your thoughts?
20 June 2024 Effective Date of Share Consolidation
https://www.morellacorp.com/asx-announcements/
Morella Corporation Limited (ASX: 1MC “Morella” or “the Company”) advises that shareholder approval
was received, at the recent Extraordinary General Meeting of Shareholders of the Company, to
consolidate its issued capital.
Morella’s shares will be consolidated on the basis that every twenty five (25) shares of the Company will
be consolidated into one (1) share.
The effective date, as advised in the Company’s Notice of Meeting dated 16 May 2024, for the
consolidation of the Company’s shares is 3 July 2024.
Small play, don’t care.
When does it go through? What type of R/S is it going to be for and when does it start? is it 1-50,1-25,1-15-, 1-10 ect....
Never been on a positive side to an RS.
Crossing my fingers on this one
RS has been approved.
https://www.asx.com.au/markets/company/1mc
Good luck.
Price of lithium coming back.
https://tradingeconomics.com/commodity/lithium
I just purchaed 250,000 more shares today :)
Let's get some news $ALTAF
Wow!! What a jump in share price today!! Let’s hope for another repeat performance tomorrow:)
11/03/2024 Half Yearly Report and Accounts
https://www.asx.com.au/markets/company/1mc
What are we waiting/hoping to hear that could cause our share price to rise again??
Spot carbonate prices in China back at highest since December
The market is ‘rebalancing,’ while caution remains, UBS says
You all thinking we get good news in the next 30-60 days? What are we waiting/hoping to hear that could cause our share price to rise again?? Would love to be at the .05 nickel share price again. Actually my goal price is .10 Dime time in 2024 so I can sell half my shares! Any thoughts or suggestion's from anyone??
Watching closely.
I accumulated before and I like where it’s headed to get some more.
They don’t like to sell just to any one either, tough buy.
Fish Lake Valley, Nevada high ppm of Li there
High volume tonight on the ASX.
https://www.asx.com.au/markets/company/1mc
30/01/2024 Quarterly Activities/Appendix 5B Cash Flow Report
https://www.asx.com.au/markets/company/1mc
So what is the next news we are waiting on?
Positive Results for Fish Lake Valley Project
11/01/2024 3:20 pm
https://www.asx.com.au/markets/company/1mc
5 December 2023 Drilling at Mallina identifies mineralised spodumene
Highlights
Grades up to 3.03% Li2O identified at Pegmatite 2
66 RC drill holes for 3,754m completed at the Mallina Project
Pegmatite 2 remains open along strike to both the North and South
Next phase to include testing extensions to known mineralisation and development of new
target
https://wcsecure.weblink.com.au/pdf/1MC/02749816.pdf
https://www.morellacorp.com/
https://www.asx.com.au/markets/company/1mc
Successful Soil Program at West Wodgina Lithium Project
21/11/2023 3:47 pm
https://www.asx.com.au/markets/company/1mc
20 November 2023 Prospective lithium bearing pegmatite targets
identified at Tabba Tabba East
https://wcsecure.weblink.com.au/pdf/1MC/02741792.pdf
https://www.morellacorp.com/
https://www.asx.com.au/markets/company/1mc
Firday on the ASX was a high volume day.
https://www.asx.com.au/markets/company/1mc
2 November 2023 Cleansing Notice
This notice is given by Morella Corporation Limited(ABN 39 093 391774) (ASX:1MC “Morella” or “the Company”)
pursuant tosection 708A(5)(e) of the Corporations Act 2001(Cth)(Corporations Act).
The Company issued 24,937,000 fully paidordinary shares (Shares) at adeemedissue price of approximately
A$0.005per Share to various employees on 2 November 2023, pursuant to the Company’s Executive Incentive
Scheme approved by shareholders at the 2022 AGM.
The Company advises that:
(a) the Shares were issued without disclosure to investors under Part 6D.2 of the Act;
(b) this notice is being given under section 708A(5)(e) of the Act;
(c) as a disclosing entity, the Company is subject to regular reporting and disclosure obligations;
(d) as at the date of this notice, the Company has complied with:
(i) the provisions of Chapter 2M of the Act, as they apply to the Company; and
(ii) section 674 and section 674A of the Act; and
(e) as at the date of this notice, there is no information that is “excluded information” within the meanings of
sections 708A(7) and 708A(8) of the Act
https://wcsecure.weblink.com.au/pdf/1MC/02735452.pdf
https://www.morellacorp.com/
Always look at the ASX to see their price movement, to get a better idea what is happening.
30/10/2023 5:34 pm
Quarterly Activities Report & 5B Cashflow September 2023
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02733334-6A1177822?access_token=83ff96335c2d45a094df02a206a39ff4
https://www.asx.com.au/markets/company/1mc
-75% Just Happened NOW >
19 October 2023 Executive Incentive Share Package
Morella Corporation Limited (ASX: 1MC “Morella” or “the Company”) wishes to announce the Board has
approved an incentive package to reward the Company’s Directors and Executive for their efforts during the
2022/2023 Financial Year.
The objective of the Company's executive reward framework is to ensure reward for performance is
competitive and appropriate for the results delivered. The framework aligns executive reward with the
achievement of strategic objectives and the creation of value for shareholders, and it is considered to conform
to the market best practice for the delivery of reward. The Company’s remuneration philosophy is to attract,
motivate and retain high performance and high quality personnel and is designed to align executive reward to
shareholders' interests.
As a part of the process to finalise the 30 June 2023 Annual Report for Morella, the Board undertook a thorough
review of the Companies performance.
The Remuneration & Nomination Committee, which comprises the full Board of Morella, have determined, the
results of the Company during the period warranted an award of Performance Shares to reflect the
performance of the Directors and Executive.
The Board has determined that a total of 40,143,723 Performance Shares should be issued to Directors and
Executives pursuant to the Company’s Executive Incentive Plan (EIP). The Performance Shares are unrestricted
fully paid ordinary shares in the Company.
Shareholders approved the EIP at the 2022 AGM held on 25 November 2022. Under the EIP a grant of
Performance Shares, can be made on terms and conditions approved by the Board. Shareholder approval of
the EIP enabled the Company to grant entitlements to fully paid ordinary shares for a 3-year period following
shareholder approval, without utilising its placement capacity under ASX Listing Rule 7.1.
James Brown, the Managing Director of Morella stated that
“During the 2022/2023 Financial Year the team at Morella have invested significant time, to progress the
Company on behalf of the shareholders. It has been a difficult year and not everything has gone our way but
the Board could not be more pleased with the efforts of the staff and management.”
“The Board believes that the issue of Equity Securities to Executives is a valuable tool to assist the Company in
the retention of the Directors and Management of the Company. Remuneration packages are reviewed and
determined with due regard to relevant market conditions and each individual’s experience and qualification
and are benchmarked against comparable industry salaries.”
“The Board believes that the Company continues to move forward with its portfolio and is extremely optimistic
in regard to the potential of the Company’s projects at Mallina in Western Australia and Fish Lake Valley and
North Big Smoky in Nevada USA. We have a rigorous evaluation strategy in place for Mallina and Fish Lake
Valley with the foundation of this work to be delivered before the year end and setting the platform for further
progression in 2024."
https://wcsecure.weblink.com.au/pdf/1MC/02727350.pdf
The Program
The drilling program will consist of 66 RC holes amounting to approximately 3,800m of drilling. The
development drilling program is over Pegmatite 2, one of the most prospective pegmatite zones of the
Mallina project.
On the 7 July 2023, the Company was formally notified by the Department of Mines, Industry
Regulation and Safety (DMIRS) that its program of works for utilising ground disturbing equipment had
been approved.
The drill rig (See Figure 2) and residential camp facilities were mobilised to site on 4 September, with
drilling commencing the following day.
Figure 2 – Topdrill RC rig setup
It is expected the full drill program will take 3 to 4 weeks to complete with assay results expected
during Q4 2023.
11 SEP 2023 Morella Annual Report to shareholders
https://www.morellacorp.com/annual-reports/
RESEARCH REPORTS
Coming Soon
https://www.morellacorp.com/research-reports/
Updated on 29/9/2023 TOP 20 SHAREHOLDERS
https://www.morellacorp.com/top-20-shareholders/
170000 buy bumped us 333%, this thing is poised to run with volume. HODL! $ALTAF long
I'm not sure what happened here, no news that that I can see. Tempting to average down here, prices don't get much better but they also don't get much worse.....
Hey Trader or anyone for that matter. Why zero volume and zero trades the last 2 weeks? Did I miss something?? What are we waiting for? Thanks
Demolition Man, big drop the last few days Us side and the ASX down too on low volume.. Someone must have wanted out. Not sure if Brett Lynch, had shares in Morella, he could have sold his shares.
I might need to add. There are other announcements I never read or posted. I'll have to look at them later tonight, link here..
https://www.asx.com.au/markets/company/1mc
Thanks TradingCharts, What is your thoughts on $ALTAF future? Not sure why the share price went down with this news. I would think wtih more news this will hit .05 a share in 2024? Thoughts?
Morella Corporation Limited
• 6h •
Morella Corporation Limited is pleased to announce the commencement of drilling at the Company's Fish Lake Valley Lithium Project in Nevada, USA.
Morella has awarded the drilling contract to Layne Minerals LLC for the provision of reverse circulation and core drilling services.
Morella Managing Director, James Brown said: “The commencement of this strategic drilling program marks a pivotal milestone for the Project and its key partner in Lithium Corporation. It signifies the initial step towards tapping into the brine reservoir, with the data we gather being instrumental in shaping the future of our exploration efforts at FLV and importantly, it has the potential to drive the project towards a mineral resource."
James is a professional mining engineer with extensive operational and development experience in the mining and exploration industries in Australia, North America, and Indonesia. During this time, he held positions of increasing responsibility from front line mine planning and supervision, land acquisition, government approvals and mine and business development. He was instrumental in bringing the Pilgangoora lithium mine in Western Australia into production.
James is a seasoned mining industry leader. He has raised more than $200 million in investment in the sector and is a member of the Australian Institute of Company Directors (MAICD). James is currently the Managing Director of Morella Corp., (ASX:1MC), an Australian mining company focused on lithium and battery minerals in Australia and the United States, and sits on the Board of Sayona Mining Limited, (ASX:SYA), currently developing the North American Lithium project in Quebec, Canada.
Re: They are in rebuild mode.
—-//——
Do they have enough money to continue?
Why do you think we are having a price drop? Did I miss something? Thanks
$ALTAF
They are in rebuild mode. I've held since Altura and rode them through BK, I wasn't paying attention to lithium prices and they crashed leaving Altura unable to service their debt. I bought more sub penny to average down a bit. SO far the earn in's seem to be the future. Management is pretty rock solid, just need a break to get rolling again. $ALTAF long and strong
Hey all, what are we waiting on next to happen here? I’m thinking about throwing down more cash as these prices are so low. This hit ,06 not long ago and I see that happening again soon. Any Thoughts on where we are at with this investment?? Thanks and have a wonderful week.
Mallina drilling intercepts 23 metres of pegmatite, hosting
24 MAY 2023
Highlights
Drill program successfully completed – assays expected in 4 weeks
Total of 35 holes completed for 2,200 metres of total drilled depth
Six (6) drillholes intercepted pegmatites hosting spodumene >10 metres width three (3) holes
had intercepts >20 metres including hole MRC070 with 23 metres from 21 metres depth
Pegmatites intersected in 18 of the 35 holes drilled
Planning for the next phase of drilling is underway to infill and test extensions
Overview
Morella Corporation Limited (ASX: 1MC “Morella” or “the Company”) is pleased to advise an interim
update from its recently completed RC (reverse circulation) drilling program at Morella’s 51% owned
Mallina Project, located in the Pilbara region of Western Australia. The program was designed to
identify the strike lengths and thickness of previous exploration (refer to ASX Release 7 December
2022) to set a foundation for a more rigorous resource definition program. The Company has
despatched all pegmatite samples for assay and expects to receive the results prior to 30 June 2023.
Significant pegmatite drillhole intercepts (>10 metres) are detailed below:
o MRC057 22m pegmatite intercept from 48m.
o MRC067 10m pegmatite intercept from 68m.
o MRC070 23m pegmatite intercept from 21m.
o MRC072 15m pegmatite intercept from 5m.
o MRC073 21m pegmatite intercept from 28m; and 17m pegmatite intercept from 56m.
Morella Managing Director James Brown said:
“The completion of this drill program at Mallina has confirmed the Projects potential to deliver a
significant hard rock lithium discovery. These exciting results provide the basis to accelerate
commencement of a follow up program to provide a strong pathway towards resource definition. This
program has significantly enhanced Mallina’s appeal due to the favourable thickness of the pegmatites,
combined with their relatively shallow depths. The program was incident free, achieved high production
rates for drilling and benefited from the exploration team’s excellent planning.”
09/05/2023 Drilling underway at Mallina Lithium
https://www2.asx.com.au/markets/company/1mc
30/04/2023 MT survey results for North Big Smoky
https://www2.asx.com.au/markets/company/1mc
https://pilbaraminerals.com.au/investors/reports-and-asx-announcements/
26 APR 2023 Quarterly Activities/Appendix 5B Cash Flow Report
https://www.morellacorp.com/asx-announcements/
LinkedIn account.
https://www.linkedin.com/company/morella-corporation-limited/
Welcome to the board Demolition Man.
Predicting share price is something I am not good at.
I was surprised to see some of those names in the top 20 as well.
I have "Stink bids" in place just incase people get bored waiting.
I just noticed today that I added shares on the 18th.
Looks like someone got bored.
04/18/2023 15:14:17 Bought 50000 ALTAF @ 0.0075 -381.95
.06 would be nice to see again I would not complain.
great information on TOP 20 SHAREHOLDERS of $ALTAF https://www.morellacorp.com/top-20-shareholders/
Those are some big names that own a piece of our company. Is this why the daily volume is so low because they want to hold onto ALTAF shares? I am trying to build up my war chest because I believe with even decent news this will blow past the 52 week high of .06 a share. What our your thoughts on where our share price will land this year? Thanks for the good DD :)
TOP 20 SHAREHOLDERS
https://www.morellacorp.com/top-20-shareholders/
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