Member Info for Cnutgoestheeasal

I thought they bought an extra bit of kit (ball mill?) that would enable them to up production to 180k. However, only 140k is mention here.

Which is it?

No bank not even an african one is going to lend money when this sort of stuff is going on. Also the junta are in no position to grant new mining licenses and try applying for one under sharia law. Good luck with that!!!

In 2025 and the first few days of 2026, the gold mining sector in Mali—which provides roughly 70% of the country’s export revenue—has become a primary target in the al-Qaeda affiliate JNIM’s "economic warfare" strategy.

The shift in strategy involves moving away from the desert north to target the industrial and artisanal gold heartlands in southwestern and western Mali (the Kayes and Sikasso regions).

Major Recent Attacks (2025–2026)

Morila Gold Mine (Sikasso Region): * Date: January 3, 2026.

Details: In one of the most significant strikes against industrial mining to date, suspected jihadists stormed the Morila mine. They burned heavy machinery and took seven employees hostage. While the hostages were released the following day, the attack successfully disrupted a high-profile restart project between the Malian state and the U.S.-based firm Flagship Gold.

Here's a thought and probably not a very legal one. Bus all the workers at Runruno down to the barricade so they can make their point about facing losing their jobs.

Let's be honest all this talk about Dupax being akin to the New Forest is a load of bullocks. Firstly there are loads of artisanal workings around so much of the land is poisoned and secondly the Philippines is poor whilst we (laughingly!) think we are rich. Consequently we think we have the luxury of being able to trade off nice landscapes for less industry. The Philippines doesn't have this choice. It's either develop or die.

You need to follow the money. If Woggle doesn't get access the artisanals and carry on as before. But Woggle and it's employees and yes us investors lose.

Dog eat dog

They were probably keen last year to reassure the Condor shareholders that all was well and the merger was a fait accompli and hence the early release. I'm expecting new earliest week after next.

We'll see!

Given the local resistance (probably artisanal miners masquerading as ecos) at Dupax I wouldn't expect any fanfare. Indeed the better the results the less the fanfare. The best we can expect is a paragraph covering Dupax in the quarterly update. And that will be all.

If you look back at the RNS history of MTL pre merger they number of RNSs with drilling results didn't exactly stand out...

In this recurring sketch, a group of "conspirators" or "anarchists" meet but it turns out that nobody is a real anarchist but all are a plant.

Well this board reminds me of that. Everyone thinks they are the ramper who will profit at all the other naïf's expense. Turns out nobody really believes the manure that is manufactured en-mass in this board and yet they all fall for it!!!

Maybe there really is a newbie out there but the only sure fire winners are the brokers.

Unless the King ramper who wins every turn wants to reveal themselves that is...?

28p

On Xmas Eve too!

Wazzzup?

Sorry bare minimum $10m not $90m

What is required $100m

Govt 20

TKGM 30

Royalty 30

Existing 10

That makes $90 so bare minimum $90m. Doesn't seem so much?

Or am I missing something?

Also what is the placing price - same as retail price. I couldn't see any reference to it.

Anybody know?

The lyrics are mine (apologies about the grammar etc) the music and arrangement AI - Suno

https://suno.com/s/hVq0SpwENM2foixJ

Not sure how this works - you might need to open an account....

At least with today's RNS re: options conversion. Look they existed before today and they would always likely to be converted if the exercise price was significantly below the market price. If anything the conversion can be seen as a vote of confidence since conversion required real money being put on the table.

As for share amalgamation what's all that about. You're just playing with numbers that's all! Leave that sort of alchemy to the likes of Wishbone Gold.

Although at some point I would like to see an RNS about all of those disturbances at Dupax. Setting fire to machinery is vandalism. It just makes it look like the Philippines is uninvestable for mining companies.

Fair does addicknt - you're only repeating what others have ostensibly told you. However, the whole thing smacks of Chinese (npi) whispers and attempted price manipulation. Indeed if this stuff is out there in general circulation I think the company need to move sharpish and issue and RNS formalising all this stuff certain people "have been told" or deny it all. Otherwise they'll pay a price.

I for one are not being anything right now.

Addicknt I'm tempted to accept your explanation but I can't. There are a number of reasons. First, yes a hostile bid would be bothersome but hey wouldn't they bid more than the cosy arrangement currently on the table.

Management have a responsibility to get the most valuable offer for shareholders

They themselves are shareholders why wouldn't they too want the highest offer

BHP/Newmont are big boys unlikely to be discombobulated by a bit of hostility on the bid front. Wouldn't they too want the best price.

Selective communication by the management to some shareholders is against the takeover rules and breaches insider trading. I can't believe they would be so stupid.

You're going to have to try harder to convince me. Either what you're saying is a load of £olloks. You're making these supposed interactions with management or even worse, they've gone rogue, don't care about the rules and being offered backhanders to secure a quick sweetheart deal.

Which is it?

Price back to 20p. And it might stay that way for a long time?

Mate - you've convinced me. Just sold my entire holding on the strength of our sagacious advice.

It's around £500,000. Where would you advise me to invest the cash now?

Thanks for confirming what I thought would happen.

AAZ are just too good an operation for ACG to have been able to improve further.

Also from the tenor of their RNSs they do like to pat themselves on the back at bit too much.

Much rather stick to the under promise over deliver approach of the current management.

Hopefully AAZ directed ACG to more promising targets like WSBN.

😂

Difficult time? Why?

AAZ seem to be doing just fine. The bid is from a deluded individual who doesn't have the cash to pay the true underlying value.

Frankly I'm surprised the Bod of AAZ haven't already come out and reject the offer.

Still wheels within wheels I guess more will be revealed as the deadline for a formal bid nears....

Manifesto - totally agree with what you say except do you really think their are any institutional/MM holders dumb enough to be holding any of this stock?