Member Info for Docmonkeyman

I think Raymond James is Pershing nominees, BigMJ probably has some shares in his name and some in nominees hence why on AIM you do aggregated holdings .
What nominee does exploration capital use?

And have a NSR that far outweighs anything they have

Hydrogen is saying no to the question “are we living in hope”
We are answering different questions
There is 100% a SFR quarterly this pm as there is a webcast

Yes it’s the SFR quarterly. I am guessing they won’t be able to hold off giving an update re A4 and possibly all the other holes they have drilled as per sat images.
This will give a much stronger NSR 2% value for MTR

I suppose is doesn’t really matter as the shares will be sold only if there is willing buyers. So it’s just transferring shares and widening the register.
As compared to the opposite which would be issuing new shares and diluting everyone.

That is the point I don’t understand - do the investors have to sell their shares or by having a portion of shares on ASX allow trading without them selling with gradual shares being transferred over from sell on LSE to fill those orders. I know when MOD listed they transferred the shares over from the ASX exchange .

No. Larger holders have been approached to transfer their LSE shares onto the ASX that is where the liquidity will come from as opposed to new shares

One holder has kindly copied his analysis on CEO.ca. Re valuation. This is from year end so things have improved even more since then re ARV, Arizona metals etc. This of course doesn’t give valuation for any cash held or NSR valuation, which as we know will probably be worth more than current mcap.

Virtually every MTR transaction over the past year is 100% plus up. Now they have moved most of their purchases out of AIM.
TRR only other one on AIM (over 100% gain)
ASX- ARV, LCL,Canyon, Tanga, Geopacific, ( SOU and PAM break even from pre IPO shares they had), Catalyst only just entered.
TSX- Aurelius, Pan Global resources, Sable, Marimaca

They literally in their RNS say they will be doing follow up drilling at Nimitz In the RNS as well as their other targets.

It’s a very good question and one I will endeavour to find out about. My gut feeling is that the sunk costs will only go back to SFR and benefit MTR via the SFR share price.

Definitely worth listening to the YouTube video of SFR post MRE etc as per Forest link before. Carry on listening to the Q&A which starts at 50 mins.

Hi Keith,
You are correct the MRE was very conservative, my calcs were based on similar resource to T3

What I know is that there are drill holes to the North East, between the current MRE grid and the North East area.
It says the grid area is still open
We have the high grade stuff as you allude to - but without further info regarding the depth and size of that it’s impossible to know how it will impact other than it will increase the MRE

We then have the underground stuff

I expect an upgrade to the resource in next quarterly given the infill drilling was nearly complete and they hopefully report further from all the holes they are doing.

It’s guesswork at the moment but I have no doubt it will match if not exceed T3 when all that stuff is concluded.

I personally think KS is building the story and holding back, Underpromise then over deliver. It’s seems to be SFR’s way

Just to clarify the uncapped 2% NSR is on pretty much all the SFR land minus T3 . The Sat images show loads more drilling than has been reported in the last SFR update so anytime. I would say latest will be next SFR quarterly .
The KML land is also 2% uncapped .
I was unclear if you when referencing ‘next door’ whether you were meaning the A4 etc or the KML land as they are both next door to T3

There are several options with the Royalty
1) The mine will start first quarter 2023 and we just keep raking in the £ . By that stage the resource will be bigger. This will provide income for multi decades if they keep finding Cu as they hope. We already know some of the other areas within our uncapped area have Cu- A1 and one of the T’s West I think. MTR will the start to be able to give dividends
2) sell the royalty before the mine starts
3) leverage the royalty

Meanwhile the value of the royalty will add to our NPV. Currently worthless.

Oh I think you mean log in to the investor call?
No I will listen to recording after, don’t want to stay up til 3 am

I am not premium if that what you mean?
On Twitter as @Grantstevens8 if you want to DM?
Sorry if that’s not what you meant

SFR doing investor call as well this am in Oz . That will be a good listen as often Institutions quiz KS.

It’s important to remember that MTR aren’t in a JV with SFR, so they probably found out last night like everyone else. They would have to arrange interviews then do them edit then get them out. I think it would be a push to get that done today.
Importantly I hope Simon T at the Investor chronicles picks up on this as MTR is one of his top picks. Those come out I believe on Monday in digital version, then paper copy on the Friday.
I assume ST needs to digest and write up info.
So I would guess an MTR interview this week, then and ST article for Monday.

Just noticed in MTR RNS says 2.9% Moly in one hole. Must admit I haven’t seen that mentioned in SFR RNS’s but I didn’t read every page . Moly credits in addition to silver credits will improve economics even more