1MC morella corporation limited

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I should have also said that the part of the last Fish Lake...

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Gwaihir

5,468 Posts.

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19/01/22

00:46

Post #: 58961765
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Originally posted by Gwaihir ↑

This is interesting now isn't it, especially Fish Lake, because it looks like there is not only Lithium extraction by environmentally friendly direct (DLE) methods, but also Boron and Potassium (Potash).

Green and environmentally friendly zero carbon extraction.
Lithium via DLE.
Boron.
Potash.

The Boron is particularly interesting because of it's demand and high value.

I'm wandering if there might also be rare earths mixed in with these elements, because as yet 1MC has not even tested for these critical minerals.

There appears to be great potential, and with an experienced board who have done Lithium right through to production before. I'm getting more hopeful here by the day.

The Morningstar Quant AI analysis gives it a fair value of 6 cents, which might be about right at this stage of the game.

I'm looking at it now with only a couple of minutes remaining in the days trading, and there are 335 million shares on the Buy, and only 29 million on the sell, which seems like a huge disparity, there are lot of buyers, but not many sellers.

It's going to be interesting to see how this plays out particularly over the next 3 months.

Gw

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I should have also said that the part of the last Fish Lake announcement that interested me the most was as follows, and also included the potential for geothermal energy, potentially putting it in the same boat as Vulcan (VUL), using geothermal to power Lithium, Boron and Potash production would be the most environmentally friendly mining on the planet. Suffice to say, there is possibly some enormous potential here.

(Quote from last Fish Lake announcement)

Gw

1MC Price at posting: 2.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 1.6¢		Change 0.000(0.00%)		Mkt cap ! $5.832M

Open	High	Low	Value	Volume
1.6¢	1.6¢	1.6¢	$2.729K	170.5K

Buyers (Bids)

No.	Vol.	Price($)
1	35000	1.6¢

Sellers (Offers)

Price($)	Vol.	No.
1.7¢	196281	4

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No.	Vol.	Price($)
1	35000	0.016
2	790227	0.015
1	70000	0.014
1	71499	0.013
2	121666	0.012

Price($)	Vol.	No.
0.017	196281	4
0.018	2007654	8
0.019	1035534	8
0.020	131559	3
0.027	573721	1

Last trade - 15.58pm 27/06/2025 (20 minute delay)

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I should have also said that the part of the last Fish Lake...

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