Member Info for Jarv55

Sham can you show me the production costs or the link tot he video please

It is forecast that full feeding of dominantly fresh ores will be resumed in December at which time it is expected that on the basis of the current health the BIOX® circuit will re-establish full operations within the month.

The BIOX® circuit, after having established full operations early in the quarter, was operated continuously at reduced throughput rates to match the availability of sulphide concentrate feed. No material power issues were experienced during the period. Unfortunately an error in the software used in mine scheduling caused the under-estimation of the volume of waste to be removed, with the effect of delaying access into the ore positions in stage 2 of the mine. As a consequence, ore feed to the processing plant has been adjusted to compensate for the reduction in ore tonnages available for processing. It is expected that full processing operations will re-commence in December.

Mining Operations

· Overall mining operations continued to improve in Q3.

· The mine scheduling software error identified during the quarter has been resolved, verified and re-scheduling commenced.

· Ore production was restricted to around 70% of forecast due to the scheduling errors.

· Tullingan waste dump is fully operational.

Processing Operations

· BIOX® operations have been stable throughout Q3 and design criteria has been demonstrated.

· Throughput feed into BIOX® has been reduced to below 65% to compensate for the restricted tonnage available and reduced sulphur in ore mix.

Finance

· Discussions are ongoing with current lenders and external parties exploring possible ways to refinance the Group's overall debt position.

The Company advises that mining and processing operations have resumed at Runruno and temporary repairs to the bridge crossing have been effected, following the Typhoon Rosita information released yesterday. The BIOX circuit continues to respond positively and is being ramped back up to the pre-typhoon operational throughput.

Sham have you got a link to their production costs please

Sham read the rns it said they would be back to full production by December Also said they ran for 6 consecutive weeks at full production during the year so the tech is proven they just need to get the settings right.

Investor Relations
To request additional information or ask any questions, please email us at info@metalsexploration.com

If you want to contact the directors
Metals Exploration plc
Ian Holzberger; +61 41 888 6165
Liam Ruddy; +44 7904 200857
Andrew Rodgers; +61 412 429 856

Nominated Adviser & Broker:
Canaccord Genuity Limited
Martin Davison; James Asensio
+44 (0) 207 523 4689

Public Relations:
Tavistock
Jos Simson; Barnaby Hayward
+44(0) 207 920 3150

They may put in a low ball bid for the company though

And the Candy brothers don't have enough votes to take it private that I can see

https://www.proactiveinvestors.co.uk/companies/news/23087/metals-exploration-candys-solomon-capital-closes-bid-with-65-pct-company-to-remain-quoted-for-now--27538.html

The only ones that are possibly short are the mms https://shorttracker.co.uk/ No big sells that I can see just pure manipulation.

HMM can't buy a bean now fookers

Are the management able to buy shares or is it in a closed period?

One hell of a shake

43 to buy think we are going to see a big sell again at the eod

Looks like the mms have some more shares to sell

Lol Madge the point is they are loaded. And have put a lot of cash in can't see them giving up on it especially as full production is looking likely in the near future. Will be very interesting to see who they appoint as the new Ceo.

Interesting background on the major share holder https://en.wikipedia.org/wiki/Christian_and_Nick_Candy

So cra had convertible loans and its asset is Copper which price is falling. With brexit on the agenda and Crypto going to the wall I expect the Smart ones are buying Gold.

Jeffry I know nothing of Cra what were the fundamentals there?