Member Info for jammin86

Nope, you just don't understand what bitcoin is lol. It's not tulip mania, try again

In the short run, the stock market is a voting machine. But in the long run, it is a weighing machine

Seems I was right to "churlishly" thank sellers for the better entry price... Maybe I don't misunderstand the market after all

I've been buying the dips in MTL for a little while now. Thanks for your concern. I'm not worried about the short term movements - it's just noise. Panic always creates buying opportunities!

Thanks to the sellers for this buying opportunity. Didn't think I'd get a chance to buy close to 5p again!

Didn't it breach 2800 a little while ago?

It's pretty obvious that if ex CNR shareholders are upset at the amazing deal MTL got, this is bullish for MTL. So I interpret all the tears and negativity as a good thing, prospectively. MTL have gotten these assets on the cheap, kinda like how SHANTA got bought out last year on the cheap. Win some, lose some

The costs are expressed per ounce, so it's not logical to claim that they increase due to increased production. Usually, costs per ounce fall as production increases, since some of them are fixed.

Sotolo, I appreciate your response. Thanks

Are discounts hedges??

Hedges is my guess. Those should unwind going forward so average selling price increases

We would have wound down and earned in excess of our market cap in free cash flow. Lol.

Yeah it's great that we've found something to buy with the money, but pls make no mistake that MTL was decent value BEFORE we bought CNR.

What's the worst that happens, everyone gets a dividend that exceeds the share price? Lol

I'd love nothing more than to be able to buy more MTL for 5p, so can the disgruntled CNR shareholders please flood the exits

Does MTL hedge the hole price for near term production? I see that in Q4 2024 they sold gold at an average of 2500 which is below the actual average gold price over the period (closer to 2600 I think?).

Gold IS a currency hedge - it hedges against fiat debasement ie inflation.

Well put. Only way out of the debt hole is to default in real terms ie print money to deflate the debt. Gold is only going higher from here

If this is the case, why is the share price down on the news?

Lol, I see. That wasn't clear at all

Trumps policies will create inflation which will spur gold higher. No idea why you think this is going back to 20s/30s

Yeah AIM being so poorly regulated will surely see the economy suffer in the long run. Who will be stumping up the capital? Everyone has been burned countless times