Member Info for adamk87

Continued from first message sent at 00.46. If refinancing rns followed a bad update as parapgraph above i believe the SP would still rerate to 1.5-2p as the reason were down here is due to the threat of defaulting.

Hi Hawaii Just posted a long message haha, was at Manchester airport and was bored waiting. I had wrote that approx 7.30pm but didnt click send. Having read your message just now you make couple of very valid points, the SP took such a massive hit due to threat of default and also the shareholder dumping at the price they did, reason for this could’ve been anything and the fact they dumped so many at once for such a ridiculously low price instead of selling in tranches and getting much more for their shares shows that they were ready to move on and the loss in share value was irrelevant. I agree debt restructre is a given, considering the ceo has already put his marker down by restructuring the process plant management team and appointing a new plant manager whos work ethic and vision will be alligned to his own, maintain full production. Im excited for the future as all holders should be. Heres hoping all sth and lth are rewarded handsomely as aim is a cut throat market and opportunities like these rarely come around. As always, gla.

Hi Lee, My guess would be 1.5p if theres no major issues with production (which imo there wont be, as the board are quick to notify when problems arise) if in the same rns its confirmed that production is at 100% then 2p is reserved as one or 2 days on top of risers leaderboard (which would happen with a semi decent rns) attracts major attention, them same people read up and find out that finance restructing news is imminent, would result in them buying in creating positive sentiment and push the price higher (thats considering how hard it is to buy in right now, today being perfect example NT at full ask) - expecting this rns to land anytime next week (my guess is tues/wed) We then have debt restructuring rns to come (imo first week of feb, but can come at anytime before then as deadline of 31st jan) again, we believe with appointment of such a high profile and experienced ceo this is something that has already or is very close to being agreed (previous ceo who has existing relationship with lenders, is still on the company board in a non exec role - personally i feel new ceo only came on board as he was given assurances that debt refinancing wouldnt be a problem). Once debt restructuring has taken place, in theory the SP should be at around 5p (if production is stable and at a decent %, if next week confirms nameplate production then 5p is cheap, not that its going to be 5p but Will definately be multiples of todays price) I know the above sounds very rampy, but its only rampy for guys who have been here since the drop over the last few months. LTH like CV and Pharma and many more having read historical messages around the company couldnt ever imagine the price being at todays lows, never mind where it was 3 weeks ago. At 4p they considered it cheap without producing any gold, nevermind at nameplate capacity which were potentialy at now. From this point if we can produce at nameplate capacity for a sustained length of time (considering 18 months at full production would enable us to wipe out all debt with profit) initially for 3-4 months then needless to say the sp would be given the true rerate the assets deserve. For those that have averages under 1p (and chose to let some shares run, as i have no doubt some will top slice and that is their prerogative, each to their own). The above is based on a decent rns next week (a brilliant one confirming full production would be amazing), if the news is bad and theres issues with production which we have no reason to believe there is as per presentation on company website this week then SP would take a hit (how far can it go down considering how low it already is, my guess would be an SP around 0.75 which has been a resistance point recently), if there were any production difficulties the company would have something in the same rns confirming how they are actively rectifying the situation. If refinancing rns followed a bad update as parapgraph above i believe the SP would still

Im not loading up bud, i have what im happy with and a very good average. Just testing the waters. First time i’ve seen more than one mm on current bid (2 at 0.90 and another 2 at 0.80) resistance broken

Will let me sell 3m worth higher than bid

Wont allow 3k buy on full ask

Soaking up the sells, just had one for 1m shares and bid gone up to 0.87. Exciting couple of weeks ahead, gla.

Spot on Sharebel

Soaking up the sells, small buying resulting in NT. do the math

Mm havent moved all day, last activity from any of them was before 8am

Agreed. I’ve had a good last week with others in my holding, yet i expect this to move quicker and higher on news which may drop this week or at very latest next re production followed by restructuring. Exciting times ahead, however quite the board may be. GLA

I can sell 50k shares in 1 go - have been able to all day. NT to buy any decent volume

Hi Helu The buy at 16.13 for £141.05 was a sell The sell at 11.02 for £994.22 was infact a buy. The rest all showing correctly. Hope that helps.

Mm’s have got to make you laugh. Almost 3x as many buys than there were sells and yet the price falls slightly to end the day. I dont really pay to much attention to daily fluctuations but pretty sure we all prefer blue days over red. Good luck to all holding, not long left to wait now.

Every mm sat at 39. Ready for another move up

Was it something i said.... 😐

Last years quarterly update (until 31/12/2017) arrived on the 23rd of Jan i expect this years to be around the same date. Reading through that update, theres info on production within the rns. I expect the same this year and hope we’ve increased production output to 100%. 100% throughout Dec would go someway on the negotiation table with lenders and hopefully lead to a favourable agreement for MTL. Apologies for spamming chat!

I would ask those looking at doing some research to go onto metals exploration website and view the presentation from June 2018 and have a look around the site

Hi Leo, No one accused you of deramping, i only said your looking for a cheaper entry as anyone sat on the sidelines usually is. Initially your posts didnt have any facts for me to discredit you as a deramper, however your posts had a negative undertone and for someone looking to buy back in, to me that suggests your looking at a cheaper entry and with a share moving soley on volume right now i hope you can understand my view. That said, i agree and i’ve stated i dont expect a debt restructuring RNS until the first week of Feb, which would take negotiations into the 11th hour, however it could land at any time. The reason for my optimism is based on a number of reasons, SP at current levels looks a steal considering assets, community relations, gold prices on the up, 10 year mine life and most importantly a promising new CEO appointment. Correct me if im wrong but pretty sure we were at nameplate production for only 6 of 48 weeks in 2018 due to various reasons, which are now past us (typhoon and biox issues which have been resolved). If we can consistently produce at full capacity then there’d be no reason for any short term lending facilities as gold prices would ensure plenty of operating profit and would also enable us to pay off major lenders within 18 months. Pharmajohn pointed out the company isnt great at releasing positive news to the market and at some point this month we’l know production capacity and if it has been producing at 100% without issues and if that continues then current SP should in theory get blown out the water. Sp has taken a hit over the years mainly due to delays in getting the mine into production and costs associated with that resulting in diluttion, bad decision making, issues with production levels and not being able to make capital repayments on existing debt. New CEO in his opening statement made a comment about returning and mainting nameplate production as his objective (no mention of refinancing - which is why were optimistic this will be done sooner rather than later) if this was to happen then CV, Pharma, JGallagh and all long term holders will hopefully be rewarded for their patience and soul destroying wait. Getting in at this price you dont have the luxury of completely knowing whats around the corner (at 0.40p it was hit and miss completely) all we do know is changes have been made, the new CEO has shareholder backing and hes a man that knows what hes doing. Sitting on the sidelines and waiting for confirmation of full production, and debt refinancing taking place and then making your move will result in you buying in at over 2p - not that im saying its wrong to sit on the sidelines as thats your choice. Time will tell if you made the right choice. Good luck to you and all invested.

Leo your ‘first post’ was that theres too much over excitement on a board, care to share why your not overly excited? Share the negativity that now has you thinking of getting back in.