Member Info for accipiter

NT.

I can not see anything after 24 September and The Yorkshire Post. Is there an update? Cheers.

https://www.msn.com/en-gb/money/other/card-factory-secures-entry-into-the-us-market-through-nationwide-partnership/vi-AA1r6pNL

At the end of this budget day the impact on CARD is borderline and better than many predictions feared.

Tomorrow and for the next six or seven weeks our CARD shops will be rammed with punters buying cards, balloons and stocking fillers. Enjoy and Buy.

It is interesting that Drachs have bought shares from two of the board (Andrew Chubb and Mike Langoulant ) this time and not from Mr Candy. Any theories as to who approached who to make the deal and whether Mr Candy or other directors are next to sell more shares to Drachs?

Interesting times for sure. Hold tight for now.GLA.

Correction. 90.50

Not as bad as we feared. Full steam ahead to the busy months. I grabbed a few more at 92.5

They paid 6.5 and 6.7.

8.5 million shares and more in later buys.

GLA. 1.25p my average as LTH. Don't give your shares away.

I put a little more in this morning at just over 88p. Wish I had spent more. This is bargain share.

Darren Bowden, CEO, Metals Exploration: Metals Exploration

MTL

6.39%

is a gold miner listed on the AIM Exchange and our operations are in the Philippines. Last year we produced 85,000 ounces of gold with a net free cash of 73 million. The company started badly. I took over in 2019 and we basically restructured the business, got the business up and running. And now we've got a very profitable little mine that is doing very well. I think the reason why our share price, our ICF share price is undervalued is we are looking at a company that's always been highly leveraged with debt.

It used to have a bad history. We've turned that history around, the debt will be paid off by April and our future is in some new prospects in the Philippines. We've done a little bit of work over those prospects. One looks to be a significant copper find at surface between 1% and 16% copper across multiple areas. It's about 8 square kilometres of copper at surface. And the other is epithermal gold. So with a narrow vein, but a highly prospective for gold opportunities in that same region. So looking at the future, we have a bright future with a lot of cash in the hand and we look forward to growing the company.

Are we reassured? Not me

"Thank you for your email regarding nuclear power.

I understand your concerns regarding energy security and prices and very much agree that nuclear power has an important role to play in our future energy mix. I am pleased that the Labour Government has made clear that this is the case. I understand the Secretary of State for Energy Security and Net Zero recently reiterated that Small Modular Reactors will play a role in our clean energy future.

I agree it is important that where possible we use home-grown expertise, and I am grateful to you for your thoughts on how we can ensure that this is the case. I will be following developments closely over the coming weeks.

If you feel I can be of any further assistance on this or any other matter please do not hesitate to get in touch."

Yours sincerely,

Cat Smith

Member of Parliament for Lancaster and Wyre

Gold-miner. Is your clever idea working already? Lots of good buys this morning. 10 business editors stocking up before they let the plebs know? LOL

GLA . 6p and more this week.

The Abra area is rich in copper as well as gold. While the trend for gold is up there's a number of online articles about the future for copper. Short termers may live to regret selling their MTL shares.

https://www.bhp.com/news/bhp-insights/2024/09/how-copper-will-shape-our-future

https://www.sprott.com/insights/copper-wired-for-the-future/

A couple of large buys marked up late. Nearly 80 Grand. I get the feeling that there is is more news to come very soon. I topped up small time today at 5.36p and pleased I did so. Roll on this week. GLA

Welcome aboard Nigel. You’re a little late to the party and gains of the last three years but you have obviously done your research.

Tomorrow is pay day for me. And on 22nd and 25th. Both of those dates will give me a bigger divi and allow me to recoup some of the dosh my missus spends in Card Shop. No Brainer. Apart from Gold.

CC. I am familiar with the Drachs buys and the dates. The point is that the wording on MTL's own RNS reads "new strategic long-term shareholder". IE the group are in for the foreseeable future.

Roll on 6p and beyond.

Interesting wording on the update of yesterday,

"Introduction of a new strategic long-term shareholder - Drachs Investments"

$2680 now.

"The precious metals is supported by safe-haven buying amid heightened geopolitical tensions and on chart-based buying amid bullish technicals. December gold was last up $17.10 at $2,696.00 and December silver was up $0.319 at $32.075."

"Tensions are still running high in the Middle East as Israel pounded Hezbollah installations in Lebanon overnight. The marketplace remains anxious regarding how Israel will respond, militarily, to Iran’s missile barrage against Israel a couple weeks ago."

It seems very likely that Darren will follow this up soon with both a presentation and a filmed interview aimed at a wider audience. The drilling is imminent as is the necessary approvals that will come with many new jobs some 200kms from Runruno , opportunities for locals improve their lives and to participate in the MTL story.

“The Company has already identified several additional drill targets from soil geochemistry and airborne geophysical data, close to an historical drill hole”

“Government approval to commence drilling activities is expected forthwith”

Lee, your 10p target for Xmas looks a distinct possibilty.

"A detailed RNS will be released soon updating shareholders on the technical status and analysis of the current pre-drilling exploration surveys undertaken. "

Great RNS and more to come very soon.