Member Info for fulmar29

Ladyboy and his close friend Piggy just enjoy the thought that they are winding someone up. Their facade of any real interest has disappeared ages ago and now live to annoy. Sad yes !,pathetic yes ! and a waste of time conversing yes !

@Fastcar-we could see a bid but if we are to see one why would directors be offloading any at all ,at what would be probably a much lower sp than ant T/O. For me there's something more structural going on. Intriguing to watch !

“There’s much more than one or two mines in that place,” said one executive, adding that the area could host multiple large-scale operations.” https://www.mining.com/ivanhoe-cuts-copper-forecast-on-drc-power-woes-while-friedland-touts-new-discoveries/

MTL directors selling to friendly hands in order to buy another venture ?Or do they have plans to distribute the shares in treasury ?

🤔

Https://theconversation.com/climate-change-action-could-set-off-a-copper-mining-boom-how-zambia-can-make-the-most-of-it-195764#:~:text=Zambia%20has%206%25%20of%20the,as%20to%20power%20inclusive%20growth.

All that money invested Reet, no wonder they are panicking with a cheaper and cleaner product coming to market ! They'll all have to retrain and open up takeaways !

"I really wish MTL would get off AIM and not sure what purpose it serves being on it anymore.."

I think that wish is shared by many and maybe not far from reality in the near future.

JV a distinct possibility,copper flotation very similar (apparently) to gold so they have the expertise but a JV given some on our BoD's history could be on the cards. Also I'm not going to rule out transporting gold ore initially as roads and distances have been mentioned. But the other minerals also mentioned are intriguing i.e manganese which then takes you into US grants and support for critical minerals-Lots possible

Seis's pics show 2%+ grades and in MMG's recent exploration schedule they stated they were expanding activities to higher grade prospects. To date their existing exploration and acquisitions have all returned a max of about 1.5% and most significantly lower-I wonder where they are looking to for higher grades.... ? With an initial meeting with MMG under our belts, I'm certain that they and a few others will be setting their alarms for our RNS 😉

Drilling to 300m (previously 120m) and surface grades (ppm and unusually chip%) to die for.And it's all being done with existing cash. No debt ,no dilution. "If Carling did exploration......".

Can anyone tell me for sure if this scenario actually exists " Once she hits the threshold, she may have to make an offer for the whole company" I thought that when you hit 30% it is just a requirement to state if you are looking to T/O but I would like to know for sure . Many thanks.

One further thought (and because of Darren's comments on artisans) is will C+D and/or MTL buy licenses from the artisans giving them a wedge of cash each and a % of future profits which would obviously be far more than they could ever hope to earn mining in a small way and that scenario would increase gold production significantly and at the same time increase government tax revenues. win//win/win

The big question lee asks is " but I find it strange Candy then sold another 0.1 billion to Evans at 6p, why?" It's possible they want to take us private but surely that would have been done at a much lower price. I wonder if Candy and Drachs will buy other licenses and use MTL to work them or even MTL buy them from C+D. Buying existing gold mines at the moment would be expensive because of the POG unless they have their beady eyes on something that is underperforming.But the big question is indeed intriguing.

Being dealt with.

And I think that backtracking was from 7 months ago before his latest girly tantrum

Desperately backtracking -The problem they mention regarding his shoulder was probably caused by the huge chip on it !

I wonder why someone like Meyer would be dumb enough to go into print with his peculiar public schoolboy entitled bile. Having previously described the slim chances of a strike at Virgo as "a needle in a haystack" and now "animal dung deposit"-If Virgo returns decent assays he's going to have egg all over his smarmy face !

He certainly seems to have taken getting the sack well.

@Nesoor-he's been active.