Member Info for frenchie38

AB, my broker said the CVR’s are not released until 29th Jan

Crazy predictions! I'd go for 20p by the end of 2027

Cash element now credited to both ISA and share accounts

Likewise Barnard

Just contacted Halifax Share dealing on their chat page. They advise they are still working on the cash element and have not yet received the CVRs for distribution

Only £M700 out LSBM. The minimum for a FTSE listing is £M30 😄

Shares in. No sight of cash or CVRs

I'm with Halifax and the CNR shares are voided and no MTL shares yet. A quick note to ex CNR investors. Because Condor was duel listed we had to pay stamp duty on purchases, however because MTL is listed on AIM only, there is no stamp duty to pay.

No, Halifax too

Don't expect to see any gold from La India until at least Q4 2026

With a tad under 3 billion shares in circulation post takeover, it would cost the company £30m for a dividend of just 1p. I think, and have asked the question for the meeting on the 17th, there could be a share consolidation in the near future. I think there are a lot of private and institutional investors who shy away from penny shares.

Well it’s been a journey, probably not the outcome we all wanted, but at least we stayed solvent. A lot of exploration companies, do, and have gone bust. For those that choose to stay, we continue the ride, but under new guise, and hey, we become a producing company at last. Onwards and upwards. This is my last post to this board. I’ve enjoyed most of the banter and discussions here and hope to see many of you on the MTL board. Good luck with your decision. Cheers.

I recall reading through the posts yesterday , someone was asking when do we expect to receive the cash consideration of 9.9p. Reading through the scheme document, it appears we will receive it within 14 days of the effective date, which is the 15th Jan, subject to approval of MTL shareholders at their meeting on Thu.

With in excess of 2.5 billion shares post takeover, i can see a share consolidation taking place in the near future

It’s here: https://www.lse.co.uk/rns/CNR/publication-of-scheme-document-apoaw8bq0h3vph8.html

Sorry, misread your post. Thought you were with Halifax

LMA, I have my Shares in Halifax account, but dont see a proxy vote form. Can you tell me where you see it. Thanks

Didn't do anything for the sp though?

I’m here because if the deal goes through i will have just short of 3 million MTL shares. Predictions, without any meaningful justification, is misleading for potential investors. Even within weeks of this deal being announced, predictions of up to £1+ were seen on condor. Crazy figures.

Please stop with the pure guesses with regard where MTL sp is going to go over the 12 - 24 months. Nobody got it right on Condor so what makes you think you are going to get it right now with MTL. Let's just see what happens with the takeover first shall we?