RE: Scaremongering at its worst20 May 2021 18:39
I think most of us get your drift Roy. I revisited the new presentation and picked just a few highlights from what I saw as the many positives therein. It’s a good many pages to digest but on going through it again I am even more incentivised to be in MTL. In fact I bought more in the last hour of trading, just as others did apparently.
• Exploration to focus on highly prospective targets adjacent to mining operation
• The first near field exploration drilling for secondary targets to commence Q2 2021.
• Significant known exploration upside. To date very little resources have been allocated to any exploration
• Exploration focused on generating new targets
• 2021 exploration programme to focus on targets close to mining operations
• From 2022 increased funds to be made available to accelerate exploration based on outcomes of initial programme
• Number of projects are currently underway to further optimise operations at Runruno
• Considerable exploration upside remains at Runruno, both in pit and out of pit,
• to extend current mine life
• Refinanced debt, providing the Company with a stronger and more flexible balance sheet
• Highly experienced management team delivering record production levels
• Additional independent board members appointed, incl independent Chairman, adding industry and professional experience
Look at the happy faces on Pages 20 and 21, people in work in a safe and steady environment in an area of the Philippines that probably has few such well paid jobs.