QuiPP, I really would not bother wasting your time with these trolls. I find it remarkable that they have nothing better to do than bash companies. I have given up engaging with them.
Jack, you must remember that in this day and age these bulletin boards are pretty much superfluous. There are multiple POW Twitter accounts which are much much more active than here.
Taylot, completely agree. I really cannot be bothered to engage with these individual anymore. A waste of time. Tried to but clearly they have their own agenda. They should sit under a bridge together and keep each other company.
Dibs, he left Metal Tiger in early 2016 but made a short come back as a NED in Dec 2016 and then left again in Feb/March 2017. This was to sponsor and reconstitute a new Board in the wake of the Borelli / BMR fiasco in early Dec 2016. No idea why he suddenly stepped down but he may have felt that he had done enough and time to pass onto a new CEO in hindsight that was an unmitigated disaster!
Agreed DR. Round spherical objects!
Agreed DR. Discard those and keep the licences that have had work done on them and that have potential! A crafty plan indeed.
Struck a nerve DR!
Good stuff DR. I doubt you will get a straight answer!
Agreed Hydrogen. I note 1to1 conveniently chose to ignore the fact that MMc did NOT stage a coup against the arch ramper P Johnson!
Not sure what a quarantor is? Why would MTR receive an up front royalty payment? I cannot see the logic to that unless you use a third party finance house. Any payment would be at a discount to fair value. I presume you know how to calculate a Net Smelter Royalty?
CK, I was personally delighted that the Thai assets were discarded. Graft in Thailand is endemic and once you get involved with the politics of business there you are trapped! I have had a personal experience and I would be very reluctant to do business there again. Too many paws to grease!
Easy to tick DP what would you do if you were a Director of MTR?
Come on CK. That was nearly three years ago and was opportunistic. If it had come off then great. It did not and MTR moved on.
Spot on Hydrogen. Spot on.
1 to 1. I really cannot understand some of your sentence construction. If you have a problem with share sell it or get in touch with MMc to air your grievances. He is very open to discuss matters with shareholders. You seem to be very wound up. McNeilly did not oust Paul Johnson. Paul resigned as CEO and Borelli took over. Borelli ****ed things up by trying to get BMR to purchase MTR using a discounted all share purchase. Paul then stepped in brokered a new Board. MMc was the anointed appointee sponsored by Paul. You may recall Paul re joined the Board for 2 to 3 months to assist MMc. I suggest you get your facts right.
1 to 1. Terry Grammar brokered the deal with Julian Hanna of MOD not Paul Johnson. TG and JH go way back. He tied up the deal. Subtle difference. I guess you will have to wait until the AGM to cast your vote against MMc unless you can muster up enough shares to force an EGM.
1to1 you are entitled to your opinion but I totally disagree with you. MTR has come a long way from the Paul Johnson / Borelli days. MMc can take a lot of the credit. He negotiated the 2%NSR over MOD/SFR and the KML transaction and resulting NSR. These are long term value investments. The ISDA using SFR shares as collateral was another of his wins which reduced the need for placements.
Mining Maven, essentially PJ's company so you would expect an up beat report.
Scottiiee, this is an exploration financing stock. This is not a short term punt. It has already had a significant re rate over the past 12 to 18 months. Some consolidation or pull back is healthy. If some of the assay results on the various projects look very interesting then POW will look to Farm out or spin off as an IPO. Drilling is mighty expensive when aiming for a JORC compliant resource. Very early days here though.
Afternoon KB. From what I understand it is basically a paper exercise to satisfy ASX requirements. Long term holders unlikely to sell but could if they wanted to. It paves the way at some point for a capital raise on the ASX to provide liquidity and satisfy ASX investor demand. I presume at some point the ASX listing will become the primary listing for MTR. Then a question mark on the future of the AIM listing? Cost etc..... But that will be some way down the road.