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What a lackluster interview from Laurence Read, rambling and a monotonous tone, far from concise, failing to display a modicum of excitement about what appears to be a very good deal for shareholders.

Anything but a promoter, something essential on AIM.

https://www.youtube.com/watch?time_continue=621&v=DmukZhBfgpk

He was equally underwhelming on media for Europa Metals recently as well BTW.

The deal looks decent compared to the current circa £2m m/cap

Looks to me the share price is being manipulated down by a number of very small trades, the larger ones (1m+) are clearly either rollovers or more likely ISA trades, a number of 'sells' have also been cancelled.

I saw this pattern just ahead of a number of decent rallies in the share price historically, we know news is expected on many fronts over Q4 - Colin Bird has become more media friendly and has been delivering news more regularly.

Q3 alluvial gold production numbers are due this month, could come in week 3 or 4, the company suggested grades were better in July + we have the benefit of higher gold prices.

Cannot see much downside from current levels IMO, probably a good time for the swing traders to enter or for longs to top up.

RSI below 20 means this is seriously oversold and is looking to bounce - cannot buy online at .70p currently.

More director buys incoming ?

MTL sold their gold in Q2 at $1303oz but in Q3 this should rise by at least $125 to $150oz - based on that revenue on circa 15500 oz's produced in Q2 will be over $2m higher if they attain the same production number in Q3.

I am staggered the share price has not reflected the far higher gold price - usually indebted companies are the 1st to benefit from strong moves in the commodity.

It can only be a matter of time before some news on the debt re-structure, the shares should start to re-rate soon IMO.

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#SML share price is mispriced here, hence my purchase today post Interims closed period

Cobre remains revenue producing which provides valuable cashflow

Leigh Creek & Redmoor are 2 significant projects in development

I would not rule out some form of meaningful event despite the legacy issues at Conroy, he has clearly found new optimism and the interview was very bullish in my view.

Worth noting, which has been mentioned elsewhere, is that if there is a short position here (let's face it most AIM stocks are market shorted) the shorters may have under estimated their ability to close via a placing as Conroy seems to have a backer in Phillip Hanigan who was happy to go down the convertible loan note route (at a premium) just recently.

Paul Johnson still holds 5%, he is well versed in destroying the ambitions of the shorting community.

It makes you wonder why multi millionaire Charles Topham has just bought 10% of RGM + there have been others taking decent stakes also.

Something is going on in the background for sure - around 36% of the company is now owned by just 4 individual retail investors + another 6% by directors.

Up 50% on only 13m shares bought to date.

It goes to show how fast it moves on thin volume, I have long suspected something is going on in the background to return value - this has fallen 90% in 18 months.

Will be interesting to see how this plays out.

It is getting harder to buy in size here - the higher the market cap goes the more likely the stock will attract smaller institutional investors and boutique houses.

Can see the re-rate continuing.

It does seem some folks are happy to take decent stakes in RGM around current levels - it is nigh impossible to buy in any size in the market despite the woeful share price performance.

No obvious reason as to why but perhaps they know more than most ?

On AIM moves can be rapid and offer large percentage returns.

Investing correctly is all about timing, it is very clear that JLP will shortly re-rate on the basis of the numbers posted below.

The market is quiet currently but JLP looks an outstanding proposition at current levels - this could easily be trading above 10p within 6-9 months.

One assumes by the time of the CC there will be news on the seismic data which was implied would be available mid September - the CC is appreciated but much better the chance to see the BOD face to face at a investor event.

Much depends on news-flow, it does appear at first glance the City seems supportive of today's updates.

Not impressed with this at all, getting involved with the likes of Riverfort is not a good idea - it leaves a sour taste and has already, in my mind, tarnished John B's early tenure.

Why not deliver the seismic data with some puff added and then raise higher up.

No wonder Louis Castro has not bought shares despite saying he would at the investor presentation in March.

What is done is done, the share price will be what will be, one lives in hope some miracle will happen to allow it to spike like it has done historically in the past.

I have attended a number of events over the last month and I have mentioned MTL's situation quite often during networking.

During one of those discussions I spoke with a fellow who had expertise in Biox Circuits, this is has been the main 'issue' for MTL - his commentary suggested that it is all about having the right person on hand to monitor and regulate the various issues.

I explained that there had been a management clear out and a new guy appointed to run the circuit who has considerable expertise, his reaction was that it was most likely the issues would be resolved and production would benefit. Good news if true.

I can see a material move coming here, most producers have re-rated 3 or 4 fold this year following the gold price move, MTL has not and I see no reason for this as usually high debt companies benefit the most with a spike in commodity prices.

The free float is exceptionally tight, the shrewd have been accumulating and many are here for the long haul - still time to get is but that time is reducing.

Can see this breaching 1p today and possibly on-to 1.5p quite quickly from here, the shares were 5p+ a few years ago.

This is starting to look seriously undervalued - hard to buy in size, a trend that occurs all so often on AIM, expecting a strong re-rate here.

The free float is very small here, it is not possible to buy even £2k of shares right now for example.

It is worth noting this was trading at 5p a few years ago with production and revenues a mile off, now we are producing 60,000oz of gold, cash-flow positive, and the gold price circa $1500oz compared to $1150oz at the start of this year, share price below 1p ?

I can see this continually re-rating, it is nailed on (IMO) the debt re-structure will come, Q3 results are not a million miles away either, they should be getting $1450oz for the current period, all good news.

Buy and hold IMO - this is a near no brainer at current levels in my view.

Nearly all gold producers have re-rated significantly following the rise to $1500 oz - except MTL, this cannot last, surely it is only a matter of time before a debt re-structure is announced.

Still time to get in at basement prices !

I think the market is slowly starting to wake up to the potential upside here once JB starts delivering news-flow which we know is imminent.

The share price is currently at the mercy of small traders selling stock acquired circa .20p but the trend does seem to be up, there is very little stock to be had at these levels, I have added over the last two weeks as I believe the benefits of new management (that have significantly cut overheads btw) has not been fully appreciated to date.

I based my new purchases on the optimism shown by our new CEO at the investor event in March who suggested that Ascent had one of the best prospective projects he had ever come across, let alone on AIM.

Let us see where this goes but one whiff of decent news and this could return to 1p+ in a flash.

Do not rule out a bid or some form of JV either.

There is news-flow expected this month, it is nailed on, the company has a new management suite with, for the first time, considerable oil and gas experience and local knowledge.

It is rather interesting that there has been no negative media stories in the Slovenian press since JB took control. I wonder if some deal is being struck with Government along the lines of a 'no stimulation' policy.

If JB can continually source low cost production from many new zones there is no need to stimulate, also do not rule out the oil potential on the licence.

So much upside here from a very low base, this could re-rate very quickly and I think JB is on a mission to restore value quickly.

No wonder the share price is starting to move up.