Member Info for darientaylor

Instead of spending $50 mill on the river bank why dont they spend it on the national pipeline and maintain it and guard it its got to worth $25 mill a year annd shoot the idiots who try to blow it up.

NT now

Gold cranking up again, buys outnumber sells at 3:1 and the price drifts down... some one want to shake out your shares before results...hold them tightly they will be worth double in 6 months time

Will be tomorrow of thursday. so more drill bit news. more cash falling into the bank account

Massive buying

Worth a listen

https://kingworldnews.com/gold-silver-mania-one-of-michael-olivers-most-important-interviews-ever/

Wow, here we go

Something is up here, someone building a position, could be a takeover in the works

A £500k buy will do that I suppose!! thats an interesting buy

£50k of buys shown as unknown....

I smell the whiff of a big fat dilution on the way to pay for all this so called expansion, they have no money to roll this out... end of week a capital raise to 'fund all this new activity'...

Think we may consolidate around 54/55p for a few weeks now, then move up further towards results week.

Results next week should show a nett profit of around £25 mill putting MTL on a P/E of around 4, this is very low for an expanding pure gold miner in this price environment.. I will also be looking at the forward projections of how much they expect to produce for the rest of this year and the development of the new mine. this are the key metrics for the share price to move up, anything around 80k ozs for the year at current $2300 would be awesome. $180,000,000 income, free cash flow of $90,000,000, nett prfit before tax of $65,000,000 , will put MTL on a forward P/E of 2. yes 2. that looks like an opportunity. just wonder iif Candy may see this as an opportunity to take it private as he has so much clout here he could vote this through easily... if he put a sensible price on it.

Comparison with AAZ: production@ AAZ 31820 oz, MTL 85744, market cap AAZ 82 mill, MTL 98 mill... P/E aaz 27, MTL 13..

so Either MTL is under valued by 50% or AAZ over valued by 50%.... its probably somewhere closer to MTL is undervalued by 30% at present and by year end. who knows.

So 85744 oz produced in 2023 at average of $1944/oz. if MTL produce the same amount of gold in 2024 at $2300 /oz thats $30 million more free cash flow plus $8 million on interest they wont be paying, that's nearly $40mill greater cash pile this year... or $110 million total free cash flow for this year, a complete no brainer gift at $120 mill market cap

Gold $2372. against an AISC of $1051 thats $1200 per oz profit on 20,000 per month. or $24 mill free cash flow per month so $additional $4 mill in interest is a drop in the proverbial. this is a cash monster in the making. about £60 mill free cash flow this year,. on a market cap of £100 mill. Thiis drop is a gift

Gold flying

BP will be taken over this year, nailed on..

Gold $2372. against an AISC of $1051 thats $1200 per oz profit on 20,000 per month. or $24 mill free cash flow per month so $additional $4 mill in interest is a drop in the proverbial. this is a cash monster in the making. about £60 mill free cash flow this year,. on a market cap of £100 mill. Thiis drop is a gift

Read the RNS. noo doubt you have a short