Member Info for condor_forever

I think we are agree that we are undervalued Tikitaki, I guess we wouldn't be here otherwise.

We are currently valued the same as Mako mining, ticker MKO over in Canada. They are a single asset producer in Nicaragua but have diversified and have a few small upcoming projects coming online, one very soon, they other 2 need building.

They are on track to produce 40,000oz this year. If you look at both our Q2 results which is a better comparison with out shutdown, we doubled their revenues and doubled their EBITDA. Their AISC was circa $1668. Goes to show how undervalued we are compared to someone in a very similar boat to us. Although they will have 4 small producing mines, we have bigger and better growth.

Just couldn't resist. Sold some equinox and bought 500,000 shares at 11.93p. Now holding 2.5m shares. I like round numbers, not sure I can push myself to the 3m mark, would mean selling more equinox.

Tikitaki - look at Rio2. Started construction of their single mine in Feb 2025 with first pour expected Jan 2026. Their shares have gone steadily from 0.9 to 2.33 as it gets closer to producing.

CFC, I'm only saying what another company of similar profits are paying as a dividend.

I'd rather not price Dupax in yet until I know it's a goer.

Ugh, forgot to convert from USD to GBP. So only 0.75p per share and just under 5% if we were the same as Mineros.

Sorry, cut the last post off, stupid phone. Lots of speculation as to how much the dividend could be.

Mineros SA pay a dividend that costs them $30m a year. I've spoken about Mineros SA on here being a possible comparison. Our profits out of La India alone are not dissimilar to Mineros's current profits and they've been paying a dividend for a long time.

A mere $30m dividend by 3bn shares equates to 1p, around a 7.6% yield at the current share price. With big backers, I'm sure the board would be keen to introduce dividends at some point in the future.

I know this has been discussed on here and agree this will not be in the imminent future. Again, lots of specul

Some good Q3 results over the pond today. Average gold price for Q3 was just under $3400 from memory.

I'm not as smart as chatgbt obviously, however I've been keeping a close eye on companies operating in Nic, Mineros S.A and Mako. Mineros have an operation in nic and Colombia. They have a market cap of £800m. I am basing a double in our sp once La India is in production based on Mineros current production rate and profits. They are producing circa 225,000 Oz and staying around that with current AISC around $1850. There is a brief research note on the link below. Would be interested in other people's thoughts on the numbers there. Makes me confident of a double (if not more) based on our projected numbers, not even taking into account where the gold price is going.

https://mcusercontent.com/4bc421505c66d079778a0d0be/files/9bf1f7f8-3427-c6f5-23d0-042891977727/20251106_Atrium_MSA_Q3_Financials.02.pdf

Agree we are undervalued and agree good chance of doubling your money from here in the next 12-18 months, however always going to be a discount given the location of our assets.

Still my largest holding and not going anywhere. I'm not pricing in Dupax or Abra so they will be extra.

Https://kingworldnews.com/tavi-costa-broadcast-interview-available-now-10-25-2025/

A good 20 min listen.

Https://x.com/DonDurrett/status/1980890847060377623?t=0njMfdrm54_PQovdydfSTw&s=19

This will make you laugh

My understanding is the hedge has finished

I've just purchased 500,000 shares. Not normally a trader but sold 500,000 MTL and bought EQX around early August time ISH. Sold them and put back in here. Back to my 2m holding here. Still have EQX shares but this is now my biggest holding.

Https://youtu.be/B9f2t3xqeQc?si=p65yDSuK_JJhWbTn

Here's the video prior to the Q&A specific to MTL.

Https://youtu.be/JpjLPYxlny8?si=wsRAtFWSPT78-w3I

Nice weekend watching. Well worth 40 mins of your time. Far overweight in gold with my portfolio, but happy. Nice to see a steady rise here. Have a great weekend all.

I've been listening to EQX quite a bit and I'm starting to wonder in MTL are in talks with them over their Nic assets. Given our market cap size and improving situation in the mining space and given we are producing, it would be easier to bring on some debt to purchase their Nic assets. Calibre bought those assets for $100m in 2019. No idea how much they would sell them for, but let's say random $250-300m USD, we could get a debt facility set up or issue some equity. Imagine producing 400,000oz from Nic plus Dupax etc. that would transform us dramatically.

A really good listen: https://m.youtube.com/watch?v=NCPvnGUuhqU&pp=ugUEEgJlbg%3D%3D

The thing is Chilli, if you did some research, you would have known EQX share price was pinned low due to the upcoming merger. Once the merger went through, their share price rocketed. Being blinkered into just one share (MTL) would have missed that. Luckily I didn't.

Accomp, Aris and Equinox come to mind.