Member Info for adamk87

Leo is one for the filter list. Sold and looking for a cheaper entry, at least you had the decency to create a new account and save yourself the embarrassment of posting from your usual profile leo. Filtered.

Good luck to you both CV and Pharma. Gold is the place to be with current world affairs and declining economies as Oilbell pointed out. 5p a rough average to have considering where the SP’s currently at, however this is aim and things change very quickly. Production and refinancing news is due soon and hopefully coupled with the promising new CEO leads to some good sentiment here, which can go a very very long way in aim. I too am running at least 2m shares for the long haul here as from these lows the only way is up.

CV7 your confidence reassures me. Some hefty buys earlier, someone cleary has confidence or knows something we dont.

Ray if you have a look on investopedia you’l find info relating to brokers and mm’s and difference between the 2.

Thanks CV7 - my bad, 13p. Read historical posts through the forum when reading up on the share, hopefully this works out for you. It cant get any worse thats for sure!

Goshawk - on point bud. Good luck

I bought over 2m shares at an average of 0.45p. I had made over 10k on paper when Bid was at 0.80. As for production, everything was working on point and at full capacity until struck by a natural disaster, which as confirmed by Rns had no material impact on machinery. Regarding buyout, they rejected an offer of 11p a share few years ago before production took off. Now were producing and selling, paying only interest to lenders and there lies the problem. The debt is the problem, not the assets. Sat on £1.4bn pot of gold with potential to explore further. Any buyout may result in new machinery, different methods for extraction, different board set up (new CEO is reason to believe there may be something in the pipelines), debt restructure or clear but this all if’s and maybe’s at this stage. All i am certain of at this point is once debt restructuring rns lands the SP will be multiples of what is now. For me theres tens of thousands to be made here short term (not without any risk of course, but im happy to take that chance with what we know).

I mean, its aim. Its what people do, they chase their tales around. I wouldnt call those that sold morons because we dont know their situation, all i would say is its a very bad move if they’ve sold thinking they’l get in at a cheaper price than that. Bid few days ago was 0.80 with ask at 0.82 Now bid is at 0.65 with ask at 0.78 - bid has fallen 15 points with ask only falling 4 points (why?) As soon as theres small buying mm’s will move the ask back into the 0.80’s and make their £’s that they know they will have to pay out on when finance is sorted here. Few weeks at Most isnt a long time to wait considering the multiples we will earn. Patience is needed. If ask does move anywhere close to the current Bid price then il be going into the piggy bank to top up, for now im happy with my holding. Good luck

Talking of buys a chunky one is showing up late for 2m shares. Considering the supposed ‘uncertainty’ sure have been some decent buys the last week.

Oh and for the record i think the financial restructuring RNS will drop the first week of Feb. If it drops earlier then brilliant, if not happy to wait. I am hoping we hear something before then about production returning to full capacity as per Nov rns.

It may do, it might not. Its aim after all. If people sell to chase profits elsewhere and are successful then good on them. We all invest in the hope of making money afterall. Sells are only affecting the share price currently as its being manipulated, at one point today there was serious buying and SP hardly moved up, a small sell then sent it down 10% lol its BS but its how the mm’s roll. They will let this go at some point, 2 weeks ago it went from 0.40 to 0.68p sell price with hardly any buys (before director appt) - late this week i expect they will bring this up again once those that invested after rns get bored and sell their shares allowing mm’s to have plenty to sell into the rise, from there the following week people will have real anticipation of finance restructuring and hopefully we get some good momentum going.

Retired, lack of activity on a chat forum shouldnt have any bearing on your investment in a share. Was more activity today buying/selling then there has been in a long time (bar the days rns’s were released) and most of them were buys and some very large ones at that. Both of my buys were showing as sells so we know the SP is being manipulated, if im honest though the SP will sway back and forth until clarification on financing and small daily swings dont matter to me (however depressing they may be to look at). With everything we know i believe this to be a gem of a share at current prices and taking every opportunity to add to my now 3m plus holding. If you feel the same then some patience is required as the picture here will be much clearer over the course of next few weeks and i fully expect a rerate. Good luck all

Color on some of them morning trades is wrong, quite a few buys showing as sells.

So analysing Darrens opening comments "I am pleased to be joining Metals Exploration during this next chapter. Runruno has the potential to be a leading low-cost gold operation and benefits from supportive shareholders and stakeholders. Clearly the focus is on ensuring Runruno can operate at its intended nameplate for a sustained period of time and I look forward to this opportunity." Already talking about ‘next chapter’ now when he talks of the next chapter he specifically states his goals for the next chapter ‘Runruno can operate at its intended nameplate for a sustained period of time’ Talks of the potential ‘Runruno has the potential to be a leading low-cost gold operation’ Theres no mention of arranging refinancing of the current debt, theres 2 reasons for this i believe. 1. The board have already arranged or are in advanced discussion with lenders and have given him assurances 2. Hes come into MTL with the intention of agreeing some sort of buy out with Minesa gold mine (where he held his last position as CEO) Minesa have over 150billion invested into gold mines in over 30 countries worldwide trading under the name Mubadala development company. Either 1 or 2 both result in multiples of current mediocre sp and i am very excited to see how things unfold here - if we were to get taken over the offer would be a minimum of 10p per share In my mind i have no doubt whatsover restructuring of debt will be done before 31st Jan, given theres no mention of this in Darrens opening statement and specifically he mentions points in his statement which in theory would take place after restructuring, we should all be filling our boots at this ridiculously low share price. Best of luck to all invested

I have roughly the same amount of £ invested here, albeit at a lesser average. Agree with everything you’ve said. At this price it seems it is priced to fail, something which is completely out of question right now as its a case of WHEN refinancing gets completed, not if. All in all been an excellent week here, from the uncertainty of no Ceo and potentially suspension from Aim to what is a much brighter future. New experienced CEO, with time to arrange refinancing and once thats been done the sky really is the limit. At full production i agree we should be at 10p (not forgetting the Candy brothers had a offer of 11p a share rejected a while ago) Taking everything into account, share price is in no way a fair reflection of the company and its current plight . Wouldn’t be suprised if we were at 1.3-1.5p this time next week on no news. Good luck all invested

Agreed

Retired, dont pay too much attention to what people post...especially those who have told us they sold out (in LB case he sold some at 68 and bought back cheaper so fair enough) As days pass the impatient/shorter/derampers will try to create uncertainty and with a share like this which is swinging both up and down on very little movement they try to scare people into selling. Fact is, world class assett, experienced CEO with massive connections, gold is on the up, refinancing will get sorted (company has been and come through worse days), expansion possibilities and much more

Ofc deal will be done, this is aim though. Exploit the dips and you’l be handsomely rewarded

Refinancing will definately get sorted. Market liked the appointment, experienced ceo with know how. Setting a benchmark for next week will do nothing but potentially dissapoint, however if your prepared to wait until the first week of Feb and rns landed sooner its joy all round.

What i am hoping for before then is news on production returning to full capacity as stated in Nov rns - this was due to happen in Dec. If it has and were notified next week then kerching!!