Member Info for Culpepper

I see this on the website now.

https://mxccapital.com/wp-content/uploads/2026/01/MXC-Capital-Announcement-30-January-2026.pdf

As a Mxc shareholder, it appears I’m going to be a larger shareholder here. Something I didn’t ask for, but there you go.

With shares in Cloudcoco, through Tialis.

Same applies to Smith, Wheeler, and their concert party.

I note it’s a members voluntary liquidation of Mxc Capital. No idea what the value of Mxc, to be divvied out is.

Heard nothing yet, from them.

If you are concerned about the day to day price of gold, then AMRQ is not for you. AMRQ is a long terms investment.’

Yes. Or perhaps any gold miner.

Partularly those without the prospects, diversifying, that Amaroq has in its portfolio of assets, longer term.

But, you know, we obviously have investors, who are concerned, or at least have taken profit, and may buy back later.

They will have benefitted. Well done.

Anyway, seems to me that the investment case, for those who fancy it, hasn’t changed.

Forefront Greenland operator, transitioning to full-blown miner, a substantial pipeline of projects, and resource and scout drilling this season.

Paid for, according to Mr. Olafsson, from Nalunaq.

All the best.

You see, I look at it this way. Just because it suits me.

If Nalunaq can churn out 40000 oz over a year when in full swing, and make $2000 US on each oz, then that’s $80m.

We’ve already been given a clue, but we’ll get the budget and so on end of Feb.

We’re caught up, not unnaturally in the gold price.

Just now, still over 2% up over the week.

Losing additional bonus.

There you go.

Same in Canada. Now back to £1.45.

We’re not alone. It seems to me to be a, at the moment, sudden pull back in gold price.

I think the context is clear. Or my interpretation of it.

Provided nothing untoward happens at Nalunaq, the company sees itself going from strength to strength, as it transitions over time into a multi-asset multi-commodity miner.

The mention of what a major wants to see may prove prophetic, much further down the road.

Increasingly a long term hold.

Touted as a potential ‘elephant’, it can but help the share price, as it and Minturn move up the value chain.

Alongside ongoing Nalunaq and next in line Black Angel.

Them on here want more and more, every day, if you read their postings.

That, in the normal run of things, is unrealistic.

They only have themselves to blame, for setting unrealistic expectations, daily.

I continue to regard Telfer, the previous ‘write off’, as a necessary stepping stone to facililitate Hav processing - it was always the case.

It’s worked out far better than anyone here anticipated, when expressing their views prior to Telfer acquisition.

I don’t ’hang around’ much here, anymore, for obvious reasons.

It’s a one horse show.

I’m still in though, and other prospects.

You can fluff around as much as you like, on today’s RNS, and the market being wrong.

And on views of analysts. Know what they’re talking about to the upside, and the opposite.

Grades will improve in due course.

At the moment, guidance is as previously published.

Market seems satisfied with that, after rapid sp advance.

It’s maybe not as straightforward as some say on here, is it.? On earnings.

‘Cash flow from operations of $406 million for the quarter delivered a closing cash balance of $948 million (from $750 million at 30 September 2025), debt free.’

Work it out.

Crikey.

When on earth will you put this mm nonsense to bed.

And now it’s raised again because of a very minor drop.

Like ‘the shorters’, paid derampers.

Pathetic old hat rubbish.

Canada £1.43, and a days trading to go. All 3 agreed just now.

All the best.

It’s gold value added, isn’t it?

I’m on the fence about that.

Whilst I appreciate the increased revenue. What it perhaps appears to mean, to Ggp sp, as it goes on.

Iceland, very low volume market, recovering too. £1.44.

Be more interesting to see Canada soon.

Loggy. I just go with the day and an eye to the future.

None of us know what’s next. It’s the way of it.

Their longer term plan, at this stage, was to consider acquisitions.

If Telfer can take us to Hav commercial production, and then on some, we’ll and good. And simple.

If Mr. Day goes into acquisition hub and spoke, well, he’ll know best.

US money?

It might, but it’s difficult to see a different reaction. Which actually, one might describe as benign - if it hadn’t been for this board after the RNS publication.