Member Info for adamk87

I dont have much funds to spare but if it went down to that range il be damned if if i didnt pick up atleast a million shares! Weeks of slow decline will be wiped out in 60 seconds on the wiff of a decent’ish method to get initial 15m paid to banks. A crappy method will result in having to wait for quartely update in April to confirm production has been ramped up again 60 seconds is all it would take, then if in June were at full production then were literally laughing all the way to the bank! Dont be alarmed by share price action, it played up the same way in Dec and then did 300% in a day n a half. Be content with your research and think what others have to lose if this goes tits up and whether they would allow that...not a chance imo.

Plus it was only 0.35 for like 5 minutes in December lol / 0.40-0.50 range for a day or two. For the best part of the month it was 0.45-0.60 range. We can hope though. Price action is irrelevant right now and all it does is scare the weak into selling at ridiculously low prices and allow braver souls plenty of opportunities to top up. Another 8 days and i can afford to buy a good chunk if it stays at these prices

We can only dream, would be awesome if it did!! Kitchen sink would have to come out haha but nah i very much doubt it. Ruffer are taking their time to sell and we are due short term news flow which can drop anytime resulting in higher sp and allowing ruffer to sell into rises like they have been doing

120k buy just in was mine. 176.4 to buy. Last few trades also look like buys considering spread. Tried dummy sell and was offered 176.3. Thank you mm’s :-)

Goshawk if you posted that on their board you would put paid to any of their concerns, your pretty much spot on with everything you wrote. Remember if it was such a bad investment why would they post on it given they’re not invested? Biggest rewards are when others are fearful or spreading fear. You look at all these ‘dead cert’ shares and boom rns lands and they’re finished (take mtfb for example passed stage 1,2 & 3 of testing and still didnt get go ahead from regulators which resulted in 90% drop), or half the time its pump and dump gangs off twitter. Do not under estimate what we have here, we produce gold. We seem to be over issues with biox and are ramping up production. Our debt is nothing so long as we can maintain stable production above 75%. Banks are snookered through government channels, major shareholders are snookered because they couldnt default short term loans as banks would take control of assets - neither party wants either of those happening. Lots of people saying we were doomed in Dec especially on the advdn board ‘kingpin’ and co screaming default day and night yet price is up 100% from the days his barking stopped. Trust your gut - aim is a joke the best of days, dead certs are turned upside down. Think of reasons you invested in here, do not look at price action right now as it is irrelevant - think fundamentally and what you are buying for your money, theres some risk of course but not any riskier than any of these ‘dead certs’ on aim il tell you that now yet the rewards are far far greater. Gla

Volmer its loose change to major shareholders, they aren’t going to let banks dilute them and banks wont have anywhere else to turn. Cost over 250m to get here of course they’l pull out the difference to get financing over and done with. After that its on DB and the operational team, if they can ramp production up to nameplate by June then were all laughing. Short terms loans wont be a problem, big boys know once production at 100% then they're in the money. Scare mongers saying decisions will get made to shaft us small pi’s is stupid af - we account for less than 5% of shares in issue(thats including ruffer sells going to open market). Aint nobody shooting themselves in foot for us. Patience will pay

General Public Ownership The general public, with 1.94% stake, is a relatively minor group of shareholders in MTL. This size of ownership may not be enough to sway a policy decision in their favour, but they can still make a collective impact on company policies if it aligns with other large shareholders. Private Company Ownership Potential investors in MTL should also look at another important group of investors: private companies, with a stake of 65.87%, who are primarily invested because of strategic and capital gain interests. An ownership of this size indicates a strong financial backing and has the potential to influence MTL’s business strategy. Thus, investors should dig deeper into MTL’s business relations with these companies and how it can affect shareholder returns in the long-term. Institutional Ownership Institutions account for 32.15% of MTL’s outstanding shares, a significant enough holding to move stock prices if they start buying and selling in large quantities, especially when there are relatively small amounts of shares available on the market to trade. These moves, at least in the short-term, are generally observed in an institutional ownership mix comprising of active stock pickers, in particular levered hedge funds, which can cause large price swings. For MTL shareholders, the potential of this type of share price volatility shouldn’t be as concerning as hedge fund ownership is is not significant,indicating few chances of such sudden price moves. While that hardly seems concerning, I will explore further into MTL’s ownership type to find out how it can affect the company’s investment profile.

Essay alert!! Haha Ran out of charachters! Last paragraph should read For those who share my optimism and lucky enough to have funds available, current share price is a steal. Im picking as many of these beauties as i can and if it drops i add more, cause when this moves it doesn’t move in small percentages, it flies!! GLA - “Games are won by players who focus on the playing field – not by those whose eyes are glued to the scoreboard.”

Exactly Tdaves, yes were not in ideal position right now hence the share price, for it to be sub 1p right now is all thanks to ruffer selling, if it werent for them i believe we’d be closer to 2p considering everything else. Day of the most recent rns price went from 8% down to 20% up - market liked the most recent rns, even though some commentators try spread messages of doom and gloom to try their best to encourage people to sell (given price action is moving on small buys/sells right now - very similar to how it was at 0.50 range) it was a good update. Things are looking much better here, production getting ramped up is key to success, any wiff of that happening and were moving fast. I reckon ceo and major shareholders all astute businessmen knowing full well banks are stuck between a rock and a hard place (as per sp article) have agreed to deal because they know full well they can navigate around it in a way which benefits themselves (as shareholders) and in return help us as investors. Of course the doubters will say and rightfully so that theres uncertainty regarding payment but if there wasnt we wouldnt have such an opportunity to invest in a company thats currently producing and selling gold. Last quarter we serviced our whole fleet in order to improve production by 7%, we’ve recently appointed a plant manager again to improve production, we’ve agreed to financing terms which bar the first payment are all easily payable. Everything points towards increasing production towards design output and when that happens sp wont be less than 5p (this supposedly as soon as June) and if we can over a 3-6 month period remain at nameplate then make that 10p, with opportunities to explore further and extend mine licence imo this is a no brainer of a long term hold. The flip side right now is ruffer selling, with them selling all their shares across aim thats of no concern at all except for supressing sp until they’re out, hopefully next few weeks. Theres also the ‘’small’’ matter of paying the banks 15m before 31 march - Lee has touched on this before and explained in better detail than me and also pharma provided valuable insight. So considering the above, is it worth investing right now at this sp? Imo its a no brainer!! The potential pitfalls are stated above, the potential benefits far far outweigh them imo and i’ve only mentioned couple of them, so much more positives i’ve not mentioned (gold prices rising, relationships we’ve built with locals and govt and much more). Mm’s prey on uncertainty, as do those looking for cheaper entries and those shorting a share. I mean why else would they post on a share they feel is doomed? Give me a break!! For those who share my optimism and lucky enough to have funds available, current share price is a steal. Im picking as many of these beauties as i can and if it drops i add more, cause when this moves it does

Always the issue Tdaves, dont kick yourself (i try not to kick myself too haha) - when we were up at 1.6 i thought i wishhhh i had just bought an extra million shares and look now were given the chance too! Can never time them right, just be glad you got a great buy in price at 1 considering what your buying. I believe in couple of months time were going to kick ourselves for not adding more. It moves stupendously and does not allow any decent buying when it decides to move north - few weeks ago it went up 60% on major shareholders agreeing to extension on loans provided - only reason it stopped moving north was because ruffer starting selling in their millions. Thats a big jump considering the news, it may do similar with appt of cfo or another rns we might not possibly expect or are aware of. It may move small percentages until then, but its not going to go too much further down from here (imo it doesnt drop past 0.80). With price where it is some are waiting and hoping to get in a little cheaper at the risk of a rns landing with any sort of news possibly resulting in a 60% rise again, them same people will end up buying in the 1p+ area just so they dont miss out.

Hey guys, in holding onto these for dear life. Hoping one or two of my other investments come good asap so i can move some profit into here. Price is supressed due to seller, once we get news on how initial payment to senior lenders gets paid and if its along the lines that make sense then buyers will return. More buying would allow ruffer to sell without shattering sp (even though id prefer they shatter it and allow us chance to buy for nothing), sooner they’re out the better. Roy best wishes for friday pal.

Thanks for the input Pharma, your opinions held in high regard on the board. So in short, there seems to be more than one way to skin a cat. Case of sitting back patiently and waiting. You still holding here? Or is the 5k for a top up? I’m in deep myself and will have funds in a couple of weeks for another large tranch until then i just take what i can with what i have, i believe in the company and ceo/board and feel the risk v reward element here is worth going all in 10x over. Just a case of patience needed, on nameplate production confirmation all loading up at these prices are going to be in some serious cash (late night ramp but true haha!!) regardless of how we get the 15m to pay next month! Good luck all invested

Whats your take on recent developments pharma? I also had a 100k top up earlier lee! Around same time as yours funnily enough.

Your ramblings and thoughts are very similar to my own, whether were optimists or naive remains to be seen. My opinion is, production has ramped up already (touch on this later). Senior lenders want their money back, they’re yet to lose a penny, having received interest only payments since issues with biox started etc. With recent changes, specifically DB appointed as CEO and clearly stating he has full backing of major shareholders (proven by delay in their debt facility coupled with major board and operational changes) all of this was done to increase mine performance, once thats achieved (which again the optimist in me thinks it has) everything else works itself out, including share price. Only a couple of weeks ago it was confirmed we have until end of March to agree a refinancing package, this has been done in what? Couple of weeks (albeit it with stipulations, but they were always gonna be there as part of any restructuring). This brings me back to my initial point of production being ramped up already, terms of the refinancing suggest the same and that the board are happy with them (if they werent, they had plenty of time to renegotiate more favourable terms). The terms are very favourable to us, so long as production was ramped up throughout Jan/Feb and into March. Current sp is still priced to fail, largely due to ruffer selling not allowing it to hold any gains. They’l be out over the next few weeks and once they are the brakes really will come off imo.

Correct me if im wrong, raising net equity is the amount we would have once expenses have been paid? Figures are posted below in Lee’s earlier post. ‘so if we produce 19k ounces this quarter, plus the 3k from last quarter, we have 22k ounces to sell at $1320 per ounce, that’s $29 million income, plus $1.7 million in cash gives us a total of $30.7 million, after costs that’s around $15.7 million net profit’ Personally i wouldnt completly rule out dilution either, just dont see the point in raising it at current levels. if the requested amount is raised through gold sales, sp would be much higher than current levels and would make sense if there was to be a share raise, then would be the time to do it. Agreed its a very fair deal and one DB has done great in pulling off all but assuring our long tern future. Just need seller gone soon (hopefully not in the next 2 weeks as i crave 1 last big top up!)

Those lucky enough with funds to top up have ruffer to thank, todays news was excellent and the market liked it, offering a fantastic opportunity to top up / sells are what held us down. Im with Lee in assuming producion has been ramped up to around 75% which would allow us to pay the 15m without diluting shareholders. Lets not forget brst notes whereby they were told DB was confident of turning things around very quickly, with his main aim returning biox to nameplate production. Wouldn’t rule out major shareholders offering some sort of finance ahead of diluting themselves at current prices in order to keep senior lenders at bay if we couldnt pay the 15m through gold sales. Hopefully the next few weeks will see us rid the seller and allow us to move north free of shackles. Move north it certainly will, just a case of sitting tight imo.

Spike912 MTMY board posted 29/01/2019 ‘Maths, i think you do bigbench I bought at 10.2 Sold 7.2 (as a loss as I knew it would fall) Bought those back again at (6.4ish) Still hold Average now mid 9s Is that clear enough for you? Seriously’ End! You asked for days and posts to back my theory up of your trading behaviour. I’ve already obliged with ITX showing your methods, heres another one. Mtmy - buying, selling at a loss (common theme) - talking the share down and then rebuying. Is that ‘spiffing’ enough? (Dont know what that means, but you mentioned in your post at 21.23 for me to show proof as it would be spiffing).

Comedy gold is your response to me providing you with evidence...very dismissive. I’ve provided you with the share (ITX) and page on LSE where you bought in (pg 14) you (or anyone else who think your arguments might hold some weight) wont have to go to far back to get an idea of what your like as an investor/person. You asked for proof, you have it. My advice to you is maybe research a share before buying into it. You seem to hop into those on risers/fallers, get spiked, sell and then research to some extent and begin to plague the board with waffle in the hope of what i assume is a cheaper entry or just to pass time (probably both). Either way its not a good strategy.

My initial post was to inform bb of what you are like. Buy high, sell low and deramp. You asked me for proof of this, which i provided. Thats all my friend.

Made to look like a tit? Me? You asked for proof, i’ve given it. The only tit here young man is you. Word of advice, buying high and selling low is not a good investment strategy.