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I’m slowly buying back in to BDEV. In a couple of years or maybe as soon as the end of 2023 this will be seen as a bargain. The share buy backs are preserving the price, there’s a decent divi that will be back to normal in 2024 plus the chance of a special divi for those who, stood by the company. I don’t buy into doom and gloom where property and the desire to own your own is concerned. DYOR.

And don't forget future exploration of the site. Still untapped areas.

We are having a good run this past fortnight. I think that there are new kids on the block who have recently found MTL. More good buys this morning should see an uptick later. I bought in again at 1,76.

Just sold my holding in this crap share. Put the cash into my MTL instead.

I agree we should not be jumping ship Roy. But in the next few weeks we need to on the lookout for the pumpers and dumpers.

Nesmoor. How many do you hold now?

CV. I too was in around 2007and paid about 26 pence. Luckily I didn't add until recent years but I am still below your 5 million. Meanwhile gold is at $1982 as I type which is good for my MTL but not so good for other investments.

Good Luck all LTHs. May Day should be a good day for celebration.

Not Guilty. I'm still in.

It looked to me today that a number of the "sells" were actually "buys". But the 11.7 Grand was a good one for sure.

ID78. Maybe you should jump in soon before it's too late. Around 160/170 is still a good entry point. Next update is due mid April.

Predictive text. "Your".

Yes Roy. We value for input.

My own buy this morning at 1.522 is showing as a "sell". Bargain Basement prices.

Lots of day traders nowadays. On good news the price jumps, the volume jumps and all the traders pile back in this and it becomes popular for a few weeks then goes quiet again. This is the stock market now.. Even today MTL was up 9% and now back to 4.5 %. Hold tight.

British Bulls moved to BUY. We LTHs already knew that.

https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=MTL.L

“Central banks closed out 2022 with reported net purchases of 28 tons of gold in December. Including large unreported purchases, this brought total central bank gold buying in 2022 to 1,136 tons. It was the second-highest level of net purchases on record dating back to 1950, and the 13th straight year of net central bank gold purchases.”

https://www.zerohedge.com/commodities/central-bank-gold-reserves-chart-second-highest-increase-1950-2022

"Leadership" LOL

https://serinusenergy.com/leadership/

CV. I too have been with MTL for a long time. I think I initially bought in at 26p – LOL. Les (and you) did a great job in bringing together all LTHs and probably saved us from suffering a bad deal from the major shareholders. But I don’t think I was ever offered 9p a share but stand to be corrected.

During this time there have been a number of raised hopes and false dawns. The last few years of shares investment has seen a lot of new investors in all sectors, many of whom are looking for quick fixes, instant gratification and to make a quick buck rather than investing for the medium or long term. MTL in particular has suffered from this short termism that has been very noticeable in the past few months of spikes and falls.

The remaining problem seems to be the fact that MTL still owe £80 million, an amount that as we know, with current management, price of gold and current production might well be repaid in 12 months.

I too do not want to sell. I think we may have to wait until mid 2023 to see a better price but already we are almost mid-Feb during which MTL have been coining it. The next update will be positive again but whether that will be the key to a real rise remains to be seen.

I tend to agree with Gaddes. The directors, some of whom are new, should be seen to support the company via a few buys.

GLA

Well done all LTHs for sticking with this share. Hang on tight. 2p this week and more to come.

You offering B&B for the celebration Roy?