Member Info for Jarv55

You can see the amount of backing they have had on this asset, which has created a lot of jobs and spin off businesses. After reading some of those links it looks like they are in talks with a third party for funding. Wonder who that will be. Full production and it won't be a problem paying off that debt. Risky here as I have said before but any positive news New Ceo, or Funding sorted and this is going to re-rate back up.

https://www.proactiveinvestors.co.uk/companies/news/46255/metals-exploration-shares-lifted-as-runruno-plans-advance-with-us577-mln-financing-55182.html

http://www.metalsexploration.com/runruno-gallery.html

https://www.proactiveinvestors.co.uk/companies/news/38680/metals-exploration-shares-up-after-confirming-equity-and-debt-financing-for-runruno-project-46234.html

Old article but worth a read https://www.proactiveinvestors.co.uk/companies/news/28092/Metals-Exploration%27s-Holzberger-says-%22we-are-back-in-business-full-time%22-33563.html

https://www.metalsexploration.com/pdf/Presentation/AGM%2019%20JUNE%202018_-%20Website.pdf

Pharmajohn what profit will they be making if they can run it at full capacity?

Saintpeter7

https://www.nexexchange.com/member?securityid=1812690

So we should hear about their plans before December 31st on how they are going to restructure the debt using other funding options. Plus a new Ceo coming on the board.

As previously announced to the market on 5 November 2018, the Company has also commenced working towards restructuring its senior debt facility and is considering wider funding options, as the Board continue to work towards realigning the overall Group debt with the Runruno gold mine cash flows. It is expected more information will be made available before 31 December outlining the strategy being pursued.

https://invst.ly/9gc5b

Nice hammer on the chart lets see if we can hold it going into the weekend.

Maybe the new Ceo will buy some shares price is low enough.

@Jarvy55

We have bullish divergence on the rsi too on the hourly maybe a back ground seller but think it is just the mms gathering shares myself. Think about it if they can buy them here then sell them on above 1p they are laughing.

https://invst.ly/9gay3

CV7 are you on twitter?

CV7 I see you are a very long term holder have you had any contact with the bod?

There are no shorts open on this stock either https://shorttracker.co.uk/

Pe6 I think it was someone who saw the drop and panicked probably couldn't get a sell and hit the NT button. mms can take it down to what ever price they want then. Can't see any iii being that stupid. They would of sold in smaller chunks to get the best price possible.

mms taking the mickey can sell at 41 but can't buy

Would they agree to this if they thought their was not chance of restructuring the funding?

The Company announces that it has agreed, with its two major shareholders, MTL (Luxembourg) Sarl Limited and Runruno Holdings Limited (together the "Lenders"), an unsecured standby loan facility of up to US $6.6million (the "Facility"). The Facility is available to be drawn by the Company as might be required for general short term working capital use. The main commercial terms of the Facility are in line with previously provided facilities from the Lenders and as follows: