Member Info for AuInspired

sorry link here https://www.hl.co.uk/shares/**************

hi copter, hargreaves lansdown have a standard protocol to bed & isa your shares via there share exchange… all explained here with a link at the bottom to start the process >>>

https://www.hl.co.uk/shares/**************

Hi, 28jaczar01 Premium Member. Glad to see we are on the same wavelength regarding critical elements, see my post 31 Mar 2026 16:16 regarding the changes to the "Construction % Progress" Chart. However, I'm fairly comfortable with the new plan, which I understand was discussed during the site visit with leading shareholders last week. On this basis, you should be aware that I have subsequently purchased more shares.

However, we still need Runruno to remain in production at scale to meet MTL's funding requirements in Nicaragua and to support any new projects that may arise in the meantime. Given the contingency funds already in place, together with the deep pockets and interest shown by our two large investors, Darren should have everything he needs to deliver La India on time.

I met up with Dominic Frisby at the weekend. He still believes gold will be going to US$10,000 in the near future and he uses Fibonacci number 233 to underpin his current arguments. His latest Substack post is out this morning and he says…

“My largest position, and a core holding for many readers, is Metals Exploration (MTL.L).

Broker Hannam has just put a 37p price target on this 13p stock, implying roughly 3x upside. The current market cap is about £400 million.

The share price has pulled back sharply after its recent run to 19p to around 12–13p, largely tracking the ups and downs of gold.

The company has just issued a construction update, following a recent site visit to the main project in Nicaragua, La India, attended by major shareholders including Nick Candy.

Execution is everything now, and it’s squeaky bum time.”

I sold £100k in HEX and bought MTL through HL just after 8am this morning.

Rushstxy & LMA:

I'm not sure that DH has ever built a complete mine before; his experience looks to be in mine/plant operations, which is what he has done very successfully in the Philippines for the last 7 years... before that, it's harder to tell. Further, he's currently based in the Philippines, so who knows how much of his time is spent involved on the La India mine build. Having said that, I was merely pointing out that the progress graphs we have been given are basic timeline graphs, which are usually used for financial planning, not construction, and they have differences you need to know about. A basic Bar-Line or Gantt Chart is better suited for managing a project and showing progress.

However, as an example, if you study the target dates on the two charts, you will see that "Commence Electrical Installation" has been pushed back from early June to late August 2026. This activity, I'm sure, is on the critical path and possibly accounts for the push-back on plant startup that many were expecting/half-hoping to be in October 2026, based on Darren's Crux interviews. Instead, this has now been formally written as December. Likewise, drill results still have no timeline given. No PR usually means people don't have good news to share.

This isn't bed-wetting, it's research and analysis.

I'm just sharing my findings, and I trust you find it helpful.

I'm heavily invested here, so I am still very positive about MTL's prospects. However, I'm getting a little more than frustrated by the PR and supporting information, especially the construction of the La India project.

This is a layman's chart for a mass audience. Some things have slipped. That is not to say the end date is wrong, but it does partly explain the lack of news flow and why drone footage was being uploaded (X & LinkedIn) 2+ months after the fact.

I was originally a Civil Engineer and was taught and worked with Prof. Roy Pilcher (the guy who wrote the first book on Principles of Construction Management in 1967) on three iconic projects, 1970-74. Yes, I'm that old. My list of worldwide projects and stories could fill a book... literally.

So when someone shows me a Construction % Progress chart for the end of Nov 2025 (24% complete v 20% forecast), and I compare it with an Overall Construction % Progress for mid March 2026 (40% v 35%), I know I need to look more carefully to read between the lines. They may look the same, but some activity dates have changed ever so slightly.

Correct links >>>

https://www.theguardian.com/business/2018/nov/21/berkeley-group-bosses-were-accused-of-engaging-in-years-of-bribery-allegations-withdrawn-court-settlement#:~:text=7%20years%20old-,Berkeley%20Group%20bosses%20were%20accused%20of%20engaging%20in%20years%20of,case%20in%20the%20high%20court.

https://www.financeuncovered.org/stories/berkeley-group-bribery-allegations-court-papers

After 12 years Berkeley back out of deal to rebuild much needed replacement local school on land promised to buy. Berkeley’s who are having a difficulty selling properties after being embroiled in cladding claims are now desperately trying to save money. Class Action pupils may picket local Berkeley sites to highlight their plight in deteriorating school facilities.

Last news from Surrey Live https://www.getsurrey.co.uk/news/surrey-news/surrey-academy-shocked-developers-pull-33671111?

The Howard of Effingham School parents feel let down by Berkeley whose head office, is just a few miles from the school, in Cobham.

Many think it could be connected to the 2014 bribery and fraud case that Berkeley settled for £9.5m. See https://www.financeuncovered.org/stories/berkeley-group-bribery-allegations-court-papers.

I've been away for a week and come back to find MTL being offered under 12p—latest analyst target price 40p. So after a little extra research, I decided to buy another £24k's worth.

MTL/Condor Gold are bona fide companies that do everything to international standards. BB88's reporting on BHMB mining neglects to mention that they never had a permit to mine in Nicaragua and their links to artisanal mining in Honduras. Artisanal mining was banned in Honduras in 2022, and the cross-border movement of gold is illegal. Their plant was just a few miles from the border. Governments throughout South America are cooperating to stop this, with Interpol playing a significant role.

Like everyone else here on this board, I'm heavily invested in MTL due to their prospects... something we all agree on. However, the current PR is less than we would like. However, we here (based on our collective experience and knowledge) have an advantage as we can interpret the scraps of information provided and share them. Sometimes you need to read between the lines!

For example, earlier this week, MTL reported on LinkedIn:-

Metals Exploration was pleased to welcome members of our Board, major investors, and advisers to Nicaragua last week for a site visit to our La India Gold Project. The visitors were shown key areas, including:

🏗️ Construction and installation of the processing circuit

🏭 Development of the tailings dam

⛏️ Drilling to help define new areas of the mine district

🔎 The visit provided an excellent opportunity to review progress on the ground, engage directly with our local team, and see first-hand the significant work being undertaken as we advance the project toward first gold pour, which is on track for Q4 2026.

Read the message on drilling again. They are defining new areas outside the original La India open-pit to define a mine district.

This is followed by a statement, also on LinkedIn:

La India land package spans 578km² with numerous high-priority exploration targets beyond the main deposit. In addition to the existing MRE, exploration data suggests there is the potential to discover an additional 5 million ounces of alongside pre-existing reserves of 2.2 million ounces

NOW THAT WOULD MEAN a FULL POTENTIAL of 7.2 million ozs.

Further on Facebook >>> https://www.facebook.com/reel/1502686907861679

This reel shows the cores being laid out and labelled on a bench in front of the large storage shelves behind.

In the foreground, you have cores such as - CCDD 033 Box 95 from 260.15 to 262.92m.

This only goes to prove the point that Darren and his team, probably smarting from the loss of Dupax, are going pell mell and getting everything ready for a major RNS announcement as we approach the end of Q1 with production on track to commence in Q4.

I'm travelling this week, but have managed to get a copy of the list of people who accompanied Candy on his trip to La India mine. It includes several potential investors and some UK mining fund managers. The trip went well. I therefore expect we'll get some good updates in the next few days.

Gabriel Pogrund, a young Whitehall correspondent, wrote the article in The Times. He conflates some issues including UK and American sanctions in order to confuse his audience to make a point about Reform. He has made atleast one factual error. I am told that no-one in the party, including Nick Candy, met with anyone who is on a UK sanctions list. You need to read The Times article carefully to discern these points.

MTL/Condor have a very good record of looking after it's staff and workers, the vast majority of whom are locals and have won international awards that prove this. These were not mentioned in the article because this does fit with Mr. Pogrund's agenda to get a frontpage headline and self promotion. Perhaps we could look up and share the list of good community relations and projects that MTL/Condor have been involved in as a way of setting the record straight on this discussion board.

Article in The Times about Nick Candy/Condor/MTL.

https://www.thetimes.com/article/2cfb74b7-2919-4385-8a1d-55b67e008ba0?shareToken=c8c78ec2a3c95659b803fb9462a8f009

I mentioned earlier I would make enquires this week. After reviewing all the available evidence this morning, I'm reaffirming my confidence in Nicky Candy and his team. I just bought a further number of shares, 2 x £25k (should show up at around 1:40 pm). I'm off on a trip next week, and I'm pretty sure I'll be returning to a happier Message Board.

ByeBye88, La Parensa is infringing on copyright by showing the photograph in their article without properly attributing it. Have a good weekend, everyone else.

MTL’s share price drop yesterday was associated directly with outside day drop in the price of gold. This was across all other precious metals producers. Already this morning the gold price has started to rebound strongly and this together with the expected updates about La India developments should propel MTL upwards also. Recent professional analyst has up graded their assessment to 40p.

If you don't use charts, I suggest you look at them as a good way to know what market pros use to get a handle on market action. The gold price has dropped over the last few days and is now sitting right at the 100-day MAC (Moving Average of Closes) around USD4650. It has been under the Bollinger Band for 3 days, but not embedded. Therefore, the odds are that it will rise from here.

With news expected from MTL in the very near future, this might be the bottom!

This is for BB88, who posted the original message. This has nothing to do with Nick Candy's current visit to Nicaragua... old news.

The article highlighted seems to be part of a politically inspired effort to disparage the current Nicaraguan regime. The local operating company mentioned was controlled by BHMB Mining, which is/was a Florida, USA-registered business, with dubious origins. Florida has a lot of disgruntled Caribbean exiles and plenty of ambulance-chasing attorneys.

I'm unable to find much about BHMB. I couldn't find them on a recognised exchange, so the valuation mentioned has no basis... as they didn't own a mine, though they must have had some kind of permit. As far as I can tell, they had a small plant taking in raw material from local artisanal miners and were advertising for local workers in early 2025. BHMB was incorporated around 2019 and shut down last year, with Mr. Geoffrey Hodges as General Manager. Hodges had spent the previous 19 years working in Honduras on small-scale mining, extracting gold from old mine tailings.

This doesn't seem to add up to much, but I'll track it nevertheless.

On a day to day basis the share price of most companies is determined by the buying and selling by individuals who take their lead from “new” information in the market place. Individual confidence is very important when you are risking your savings on something that is controlled by someone else. Bad news, or even rumours, leads to direct selling. No news leads to lack of confidence, especially when one is expecting information. Any news from a trusted third party provides confidence for both current owners and potential new ones. That’s why we have Investors Relations, PR, and advertising, which costs money. However, positive news is always rewarded.

For a share price to rise you need a steady stream of new investors willing to risk their money… which could just as easily be put to work somewhere else.

MTL need to get the positive message(s) out there to attract new investors… it’s that simple.

We have the reason for lack of news… Candy’s visit (with entourage) has not hit the UK press yet. I would expect announcement(s) to follow and a sharp increase in share price. You have today and maybe before weekend to be ahead of the herd. I’ll try to get MTL a mention in next week’s issue of MoneyWeek to include reasons why they should be included in both this year’s and next ISA’s especially as they are on AIM… No CGT, no tax on dividends and IHT at only 20%. Through-in the depressed recent share price, analysts rerating, Lassonde Curve, Candy’s association with Trump (inside knowledge of Nicaragua status) plus major investment banks forecasting higher gold prices over the medium term. That should be enough for a major boost.

After analyst raised rating to 38p last week and finding that NC was in Nic yesterday afternoon… I joined the dots and bought over £100k worth this morning at under 14p.

ABOUT PR:

I have found a direct intermediary link to Steven Smith, MTL Non-Ex Chairman. I've met him several times before, but didn't realise he had this position. He was earlier a trustee of the NSIF charity, in which I sponsored several events. He manages Nick Candy's (and others') investments. I believe he now resides in Luxembourg. I will follow up with him later this week.

In the meantime, I'm tracking down Max (Maximillian Campbell) Denning, a 36-year-old ex. Leeds University Politics and Economics student, who was hired by MTL back in December 2025 to do Business Development and Investor Relations. You can look him up in Companies House and on LinkedIn. He has a recent history in Africa, but I'm struggling to find his current phone number. It looks like he hasn't had much PR experience, so it could just be Darren's connection to another mine.

LMA... I've never wet the bed... I always look after number one, but I ALWAYS try to help others on my journey in life. So cut the crap.