Member Info for CarefreeCarry

Another one to buy and hold Lee.

Another example of patience earning more than I ever did 😂😂

Polio - Just highlighting their hypocrisy here.

They cheerlead with "facts and logic" but they use Donald Trump's version of facts and logic. Which mainly consists of "If we say it then it's a fact." 😂😂

In my SIPP along with the vast majority of my other shares.

My ISA is getting more attention now though.

Patience has earned more money for me than my entire career did. I can't see that taking off as a popular phrase though 😂

Facts and logic Ranger, facts and logic. That is the catchphrase that you guys use isn't it?

From the RNS :- "that initial assays from surface trenching along interpreted veins within the Tesoro Concession confirm historical data and support Nativo's plan to recommence gold production activities at Bonanza. This confidence is underpinned by positive near-mine sample results and the successful completion of underground rehabilitation and preparation of existing mine workings. Additional prospectivity within the Tesoro Concession has also been confirmed."

So "now deemed to be historical data confirmation" plus what you neglected to mention.

Which is "and support Nativo's plan to recommence gold production activities at Bonanza. . . .Additional prospectivity within the Tesoro Concession has also been confirmed."

The following is more nonsense :- "The in mine sampling is being tested in house by the looks of it." as the RNS clearly states that "For the Bonanza mine, Nativo's Qualified Person, who designed the ongoing underground mine sampling programme (over 150 samples) has reviewed the sampling and results available, including the St Elias Mines legacy work and the Nativo commissioned sampling programmes"

Nativo commissioned are the key words that you need to understand.

Can you please provided a link to the relevant RNS that states that Nativo can test samples in house? No? I thought not.

Facts and logic, Ranger. Facts and logic.

Wise words indeed.

E.g. 2019 - 1,100,000 shares @ 0.5p - value £5,500 - book cost £10,000

2024 - 6,500,000 shares @ 5p - £325,000 - book cost £106,000

Today - 6,500,000 shares @ 15p - £975,000 - book cost £106,000

Currently £869,000 in profit just for having patience.

I've said in the past that investing in MTL is not a get rich quick scheme but you will get rich. Buy and hold, been saying it for years.

Welcome aboard Accipiter 👍

Facts and logic 😂😂😂

AIM accusing the BoD of insider dealing and later apologising for stating that. Where are the facts and logic there?

Ranger stating that the average grade of the 33 tonnes in one of the batches of material sold by Boku is 1 g/t Au. Completely wrong due to his admitted lack of English comprehension. Facts and logic? None shown there.

Okay, add the word since to your original comment.

Isn't hindsight great!!

"Think of all the other companies that aren't making any money that you could bash as well, making some people think that you may actually be intelligent. Until they discovered that you invested in Echo.

Whatever James Parsons is doing now, best to avoid."

No need to change or add any words to that statement though.

"Persistently proven right" apart from investing in Echo in the first place which cost you money.

Think of all the other companies that aren't making any money that you could bash as well, making some people think that you may actually be intelligent. Until they discovered that you invested in Echo.

Whatever James Parsons is doing now, best to avoid.

So the costs of mining will not have started accruing either.

Problem?

StocksandRocks - I didn't realise that you have a problem with someone who laughs at being called inexperienced but not with someone who is prepared to call someone else inexperienced.

Noted.

AIM - The BoD have stated fully funded until Q2 2026 end. Forecast FCF positive Q3 2026.

BoD taking shares instead of salary so ongoing expenses could be lower than original costings.

Gold climbing ever higher, faster than some forecasts, helping with increasing revenues when mining resumes.

So do I think we will need a raise? No I don't but even if we do, it will be at a much higher SP as we will be producing by then so shareholder dilution will be minimised.

As a poster who has repeatedly said that they are not invested here it seems strange that you ask if "we will need a raise". There is no we if, as a non-shareholder, you are asking a shareholder a question like that. I just thought I would point that out as I wouldn't want anybody to, incorrectly, get the impression that you are invested here.

And yesterday's Ortega potential overthrow disaster turns into a 5.6% gain the following day.

Inexperienced 😂😂

There has been a form of inheritance tax in the UK since 1694 so we've all had plenty of time to get used to it 🤷😂

AIM - 15.6g/t was actually achieved from one batch that was sold by Boku, who were targeting 8-10 g/t at the time of mining.

The 10g/t is from new surface samples that are near the mine which is new data. It shows a promising area that can be further explored to get a better definition of the structure to incorporate into the mine plan.

It's why the BoD had stated that mining could restart before the results come in. The samples were taken from an area that would not be mined imminently.

Iceman - Could see what AIM's angle would be earlier in the day with the 63.6g/t average down to 10g/t average comment.

Forecast to be FCF positive in Q3 2026.

Restarting mining sets the ball rolling.

Seems to have used a spot price of $5400 / oz before the 30% discount 🤷

≈ $75k a month before admin costs using your assumed AIC of $1500 per oz

Iceman - Don't forget that Boku were targeting 8g/t - 10g/t for mining and still produced an average 15.6g/t in the 43 tonnes of material.

Ferring 15 - Boku sold 43 tonnes of material that contained an average of 15.6g/t Au at the end of 2024.