Member Info for bertmonkey

I have a view.

I hope they get totally shafted!

GLA

The markets are looking on it favourably, for now at least.

GLA

Just bought some more.

It's should still be a great company even without Jody.

GLA

Not sure if that is tongue in cheek or not.

If not I would do a bit more research before investing in anything someone else recommends.

Jody Ford is the CEO.

GLA

I don't think the news will go down very well. Jody has taken this company from nowhere to being the number one rail app.

Hopefully they can find the right person to take over.

Only upside is if the share price falls, they will be able to sweep up a lot of shares at ridiculously low price.

They've taken close to 2 million shares off the market in the last 5 days alone.

I do think it's getting time to quit the share buy backs and start paying a dividend, If they've got that much spare cash. I think it would do more for the share price than Buy backs.

It could be a tin hat day folks.

Keep the Faith.

Thanks Batfasted and Alnwick again, very helpful posts.

ATB

Thanks for that Alnwick.

I would say that sums everything up very well.

I've been wondering where we could get to for ages now, I was here before the consolidation, but couldn't remember how many extra shares were added afterwards.

It's great to see a healthy profit after such a long time under water.

I think I will stick around for at least another year, just to see where we are. Although, If we hit £10 like you suggest, it may be hard not to hit the sell button.

Your Party doesn't look that far away now.

I'm afraid I won't be taking you up on the kind offer though.

ATB

Non taken LTH

I was actually referring to the gold price rather than the MTL rise. I just didn't make it clear.

I'm totally used to us being undervalued, as you say I've been here a long, long time.

ATB

Chances are trump has just got out of bed and back tracked on something or other.

I'm sure he's playing the markets for his own good.

It has been a meteoric rise this last few weeks, maybe a bit of a retrace isn't a bad thing.

Keep the faith.

It's always been about La India for me. Runruno was the means to the end, and anything else was a bonus.

I'm holding.

The only downside for me is the Dividend could just be put back until they can repurpose Runruno mine equipment.

Just means I may have to keep working a little longer.

Keep the Faith.

I guess we'll see today whether anything in the share price had been factored in for Dupax.

Anyway, mostly positive. La India is still ahead of schedule, it will produce more p.a. than Runruno and gold price keeps rising.

Hopefully DB has got a plan B in mind. Or can he bring Abra forward.

GLA

Slippery.

I put a post on the old Condor site last year, asking if big man was ok.

Not heard anything, and just looking, he's not been seen since last January.

It would be nice to know he was ok.

As we know he had some issues and was quite unstable at times.

It would be nice to think he hung on to his MTL shares and will reap the rewards.

It looks like it's been the middle to the end of June the last 5 years, so I would expect around the same.

ATB

I would have thought it would be the opposite, if the sell price is higher than the buy price.

It sounds to me they needed more shares.

Anyway, all's back to normal now. Buy is higher than the bid once more.

ATB

I've no intention of selling. I'm in for the Dividend.

I've just never seen the sell price more than the buy price before, all be it only fractionally.

Just did a dummy sell on ii for my entire holding and was quoted 0.1534

Then got a quote for a £90 buy ( I know it's not a lot but that's the only free cash I've got at the moment). The buy price was less than the sell price at 0.1532

Thoughts?

The only good thing is the company are picking up lots of cheap shares.

Will soon be under 400 million.

Keep the Faith

I've never heard mention of a share buy back in any of the interviews with DB.

I do agree that it would be sensible to do have one for a limited time, say a year. I can't see it happening until La India is in full production and Dupax is known to have the full go ahead.

I would think if everything is running smoothly and gold remains stable, they would have enough FCF in 2027 to gobble up a lot of shares at a reasonable price.

I would like it to be for only a year however, as I'm in it for the Divi. So roll on 2028

GLA

Yes, Sorry Parky.

I forgot they've both read Boris's book on how to win a second term. It's just a forgone conclusion. LOL

ATB

Good find Griff.

I can't believe Trainline will not enter into the process. Not that we will hear about it for some time, because of the NDA's.

Is there any other company better placed to provide the service? I suppose it depends how the Gov't decides who the best bidder is though. Do they go with a company who have a proven track record, or do they just go with the cheapest?

If they go for the cheapest, then I'm sure it will just be one big c**k up.

Then there is also what happens if Labour don't get re elected, will who ever gets in just scrap the whole idea of GBR?