Member Info for adamk87

Leo still trying to deramp are we? you sat on the sidelines and missed the last rise, dont let it happen again.

Ah ok wasnt just me then!

Anyone else having trouble accessing lse today? Anyway, who reckons after hours rns like last week!

Nice find Goshawk, main point to take from their statement is they're not thinking of jumping ship, not anytime soon anyway. As major shareholders they’l have access to more info than us and if ceo stated he can turn operating performance ‘fairly rapidly’ that definitely bodes well for us all. Just a waiting game now, patient will be rewarded.

Lee i promise i didnt just take what you wrote and add to it haha was typing away whilst at the office trying to get some work done!

Extensions aren’t just dished out, they’re only given if a company can show they intend on completing ‘x’ financing by the agreed date. Typically evidence of ‘turning things around’, production increase, profit or overcoming issues which got said company into current predicament need to be proved in order for an extension to be agreed. So if an extension is agreed this week (which i have no doubts it will) bare in mind lenders are convinced new ceo has his house in order and evidence has been shown to them outlining one of the above in order for them to agree to it. Lenders are not obliged to agree to extension after extension, changes have been made at board level, new plant manager has been bought in, stable production is being achieved, hopefully no more typhoons on the horizon, things are looking much brighter at mtl. Current share price is ridiculous, anyone buying and holding for a few months will imo no doubt be worth multiples of current sp. That said, this is aim and nothing can be taken for granted so good luck to all invested.

Waiting for a delayed sell from Ruffer to show up, only explanation for todays poor showing.

2.5m sells x2 explain the stagnation in movement. Ruffer still have around 60-80m left to shift according to rns and selling this week since (assuming all the 500k sells belonged to them). If it wasnt for them selling we’d have been past 2p on Mon/Tues (Ruffer hold a 3bn fund, they hold a number of different aim shares and are strategically exiting the aim market) Expecting a good week next week and the share price to really rerate over the coming months. Welcome to all that have bought in today, good luck.

Isnt linked to a potential takeover* What i mean is something potentally going on in the background, conversations taking place etc, which is why the board have asked for an extension.

Agree with Lee, expect this to steadily rise next week with anticipation of banks agreeing to extension. Allows the company enough time to bring everything to speed and i really wouldnt rule out a potential interested party completing a takeover before 31st March. We already know one of the major shareholders had a 13p share offer rejected few years ago, whos to say the extension in timeframe for debt isnt linked to a potential takeover. As Lee also pointed out, the banks havent lost a penny and never will as theres a confirmed asset that they hold charges against, banks ars not like some PI’s who up and leave first sign of trouble, they’ve been cooperating for the last few years and are well aware of the challenges mtl has faced over the last 18 months. Current price in no way reflects the assets and value of the company, those patient enough to hold will be rewarded accordingly in due time.

Glad you’ve had the chance to average down Jgallagh. Hopefully 2019 is a better year for you can see this heading back to 10p over the course of this year or wouldnt rule out a take over. Right catch you guys in the afternoon/evening. Hold these beauties tight

It shows were being backed by major shareholders, on confirmation of backing from major lenders will do us the world of good.

Of course LB - fair play to them if they manage it, i dont believe they will. Even if they did manage to add 5% to portfolio by making a trade like that, is it really worth it incase you miss out. Heck like This time next week on confirmation of banks agreeing extension will see us back to 3p where we were a few months ago. Then 5-7p on completion of debt restructuring. Im glad we’ve gone the long way round about it.

Not massive amounts of selling this morning at all, obviously some are happy to bank some profit and good on them. Regular posters like myself have not exactly ramped the share but have utmost confidence in it and have been saying the same for weeks. We’ve barely got started here, 1.5p is nothing considering the assets. Those who are yet to load up should do so already, i’ve been fully loaded for weeks and dont intend on selling a bean until 5p where i would take off my initial stake. Good luck all

These shares are worth so much more than what they’re getting sold for, this time next week on confirmation banks have agreed to extension we’l be over 3p.

LB how long have you held mtl? You would know we held a 100% gain not so long ago!

Haha Mick the @@@@ signs defo add the glamour

If there was a chance of default today/tomorrow trading on the share would have been suspended since this morning. Its safe to assume that wont be happening without needing to mention the above, dont believe theres any chance, zero, zilch, major shareholders would give this asset up. Im hoping like the rest of you for an rns tomorrow with favourable restructuring terms. Gla

Hey Jupiter, Reason SP been supressed was due to seller, you’l be well aware yourself just how difficult it is to buy in given the low free float. Recent spike was as fake a rise you’l see on aim mainly due to the above, didnt stand a chance holding any of the gains considering. 32p in a few weeks time has the potential to look like a masterstroke so i wouldnt worry too much, ofc theres always the greedy devil in us that reminds us if we waited we could’ve bought in cheaper but thats the nature of aim. People need to do their own research on both Gcm and Power China to fully understand and appreciate the nature of the beast in play here. Patience is required to really benefit from the gcm story as its only just warming up. Gla

Jupiter, its a mix of both. One look at his twitter account and the daily rockets across different shares he posts and you’l have a better idea. He should change his name to Mr 10%. Hence gcm chat board not being one i visit very often, takes to long filtering out nonsensical posts. That said, im very optimistic about GCM. Been holding for a few months now with an average of 22p in hindsight should have sold in 60’s and bought back in but here for the long term so current price action doesnt bother me. On signing Mou agreement price reached 36p since then we’ve appointed a Nomad, Hassina’s been reelected and we’ve signed a JV with a world leader. Very optimistic for the future. Gla