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haha looks like somone just bought back in.....
There's no details because the subsidiary is the one that closes the land. And thats a private company, Mammoth purely owns the subsidiary.
Call Brian before you start making conspiracy theories and all. Shameful
Exactly. It can be assumed a board has already been in the process of creation for a while.
ADMD--- OFFICERS LOADING UP, NO BOARD ATTENTION AT ALL FOR 6 MONTHS
and now you dont like it because they have land and financing LOL
great post my man!
officers loading up.. chart looks solid and ready to make next move upward. any updates could send us to dollars with this tight float
Everyone knows there'not going to be any income.
"The company is in acquisition phase"
It's gonna be a hot rest of the summer!
i dont have pm. but i went off of market cap not share structure in that calculation. who knows what the future entails with all that but thats best we can assume at this point with the information we have
Ok I think I have a good idea how much we raised for the 15,000 acres (or 6070 hectares)
LIEG, who just closed 1438 hectares in the salar de maricunga last
month raised $8.9 million in the deal.
http://finance.yahoo.com/news/Li3-Energy-Closes-Strategic-prnews-2144423643.html?x=0&.v=1
1438/6070 = .2369 1/.2369 = 4.22 So we have 4.22 times as much
Chilean lithium land as does LIEG now.
So 4.22 X 8.9 = ========$37.55million=============for the 15,000 acres.
So 37.55million/15,000acres = $2,503 paid per acre.
Value of land in lithium is $10,000-$30,000 depending on ppm and last december prices.
http://finance.yahoo.com/news/Mammoth-Energy-Group-Under-iw-2045647673.html?x=0&.v=1
Very nice revenue/profit margin in the future.
Give or take negotiations and the fact only about half our land is in the maricunga salar and the other half is in other salars.
That will look nice on the asset collumn no doubt after having like next to nothing before.
Here's where things get scary good basically our market cap 1/7 of LIEGs (61mil for lieg, 8-9 mil for
us... And we have about four times as much land. Then we are trading approximately 28 times lower than we should be compared to them if you purely base it on land assets! That means we should be well over .0400 a share! They are more established though as a company it looks like and have under a million dollars of land in Nevada but regardless the point is we are extremely undervalued!
Not to mention we have atleast another 25k in acres coming!
The math doesn't lie. Bash away, facts are facts! I get one post a day so sorry if I can't respond.
Andy
We have at least 150 million in lithium revenues already set up. 15,000 acres X $10,000 an acre
from the December PR... "The value of acres in Chile has been estimated to be $10,000 to $30,000 depending on lithium concentration levels."
now put in the recent 20% price increases in lithium.
$180,000,000 minimum with current assets. And we still have some 25,000 acres at least to go.
Our current market cap is $8,000,000.
I think we might be undervalued....
Don't forget the potassium either
Phrotz. I get one post a day. Heres the additional acerage to the 31K http://finance.yahoo.com/news/Mammoth-Energy-Group-to-prnews-2798873789.html?x=0&.v=1
bid sitters aren't helping......
When we we dropped back to the teens last month we touched 30 after the first land deal and now we are back in the teens again. The chart is tight so we should see some kind of move very soon. I'd bet its upward because of all the positive things in the works.
I think breaking .0030 will be our launch pad. This week IMO. RaptorU will be fine he has like 50mil lol
I was responding to Oakley. He was asking about the authorized shares.
those are all restricted shares. covenant for financing. only around 2.5billion is the float.
mmte will have its day no doubt. these prices will be gone very soon
I agree. Last week we seen teens imo. Chart looks tight..
Facts:
We own millions of $$$ of Chilean lithium and potash concessions
The subsidiary is formed
We are acquiring tons more land
William has cancelled about 75% of his own shares
There is no dilution
We are severely undervalued. It's almost funny.
I get one post a day now.. I've been here since August and I have absolutely no worries whatsoever what is going on and where this monster will be in a few weeks/months.
Just remember those who own dozens of millions of shares on here have the best sense of reality with the company and have been in contact with the company for a while unlike some who come on here with their five hundred dollars and make negative assumptions.
it wasn't a press release...
lets break 30 today.
MMTE HUGE NEWS after hours today!........... http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=53620
almost 40,000 acres will be acquired soon through this subsidiary!!!!
any shares used as collateral would be restricted any ways....
there is no dilution. the email was taken down i still dont know why.
nothing to worry about here... we are moving higher and will be in multiple pennies this summer no doubt
you have no idea what the terms are of the contract are so what are you talking about????
theres mining companies that dont do anything for years and their market caps are huge.
everything will be announced when he's ready.
the facts presented are this company owns millions of lithium land and is not diluting and is planning on uplisting and getting more land.
what facts do you have that are supposed to make it go down?
how is it a fact we are going down to certain prices each day?
Of course I have l2. But I find it odd that you of all people would be suggesting its going lower.
can you share anything else Brian said as far as whats going on with the company right now?
we already have concessions!
Yep. I'd be absolutely shoocked if we didn't start to run within a week. We are so undervalued right now its a joke.
exactly.
very strange bid and ask sizes today... something is cooking.
yeah that doesnt make sense. i have a feeling we are going to set new 52 week highs this month
thanks for it putting up. and it should stay up. i dont know why it would come down its deffinately a good thing and is beneficial for all shareholders and potential shareholders to see.
there is absolutely no reason it should come down again unless someone has proof Lieberman is frauding everyone
Risk vs. Reward...
post 62761
thanks
i still think the share structure and covenant and no dilution quote from liebs needs to be stickied.. but it continues to be taken down.
this is honestly comical that we are below a penny right now... LOL
what the hell are you talking about hahahahaha
Lieberman has said he plans to get us there within a year. And that was in early march... Liebs said it himself. JKM isn't dreaming at all
why do we continue to have dilution talks here? and why is this stickied?
I thought we settled this earlier this week
I think they are trying to raise the pps steadily.. not just release everything at once.