Member Info for jimdalton

Another punt today entirely from profits in LEX brings me up to 3.5million for an ave .93p and still showing a profit of £9+k overall.

We are off to Iceland for a week of aurora spotting tomorrow and may get a chance to buy some more when we get back.

So very happy right now and can't wait until January for hopefully some good news

Have a great Xmas everyone, see in in the very prosperous new year

Jim

Roy My buy of 145k shares is listed as a sale

Bought in another 50k of shares today with a few bob I had lying around in an old post office account.

Still think they are amazingly cheap

Hope we really do reap a worth while reward

Quite agree with you both, I sort of needed to sound it out a bit and I thought sod it and bought 110,000 @ .90p before you replied.

So im in now for 3,110,000 at approx .91p a bit down on recent pricing but has to go blue soon.

Jim

Had a nice little top up last week and I'm back to 3m shares at less than 1p. Looking at today's price I'm tempted to have a little buy-in again.

Is there any reason or logic for this recent drop?

Dividend? did somebody mention the possibility of a dividend?? :-)

How likely would that be I wonder?

I'm completely with you there Lee. Darren's solid no nonsense attitude and performance is paying off, he deals in fact not fantasy and you know that when he speaks of access to stage 3 he means it.

Paying off that senior debt will happen in a few months time. My only wish is that whilst maintaining his (and MTL's) integrity, he would blow his trumpet a little louder. MTL deserves better recognition

Bought in again this morning only 42446 shares and its showing red not blue.

I still consider this worth investing money in (not all of it) and despite not being the most savvy investor I'm optimistic for the future of MTL. I may not be the most experienced but am experienced enough not to listen to egotistic trolls tho!

I also have to say my SIPP is my investment account (and suffering this year) run by experienced people and My ISA (suffering too) is my speculative account, SO I'm fairly easy on the ups and downs and have taken some nice bonus's over the last few years
According to my spread sheet I'm now 2.8m in for just over .87p

Hope everyone has a great weekend

Carefree it is always long term for me. if I buy. I think your right these will go down some more

Clearly I got myself mixed up

So, apologies to all, I completely missed the dart board

But should I (I am) be cautious of buying more??

I'm reading it as they want to artificially raise the price of the share and not look like a tiny penny concern so much. Therefore more attractive when trying to raise funds or whatever they want to do

I had this happen to me with Lexington gold. So although as a share holder you end up with less shares, the value is higher and worth approximately the same

Received a letter from the Halifax ISA account today with the form for the share resolutions at the AGM on the 13th of June.

Item 8 is the share dilution question. not sure if the proposal is at the right level tbh (but each to his/her own opinion) But I understand the reasons for doing it

Just wondering if anyone is planning to attend the AGM, or wants too and fancies meeting up afterward, locally?

Just an idea as we have sort of vitually been together as a band of shareholders for so long. So I thought I would put it out there.

Well the price came down nicely over the last week just in time for me to invest another monthly pension payment this morning from the DWP using my tax free ISA An investment afaic in the future, this share has to wake up one day surely?

Wondering if this will drop further? but I'm keeping the faith in a market that seems to be down everywhere

Annoying that the price is down again but on the other side, having had to sell some profits the other month every time the DWP make their monthly payment to me I invest back into MTL at a cheaper rate. What's not to like, (apart from I would like to see 10p too).

Still have confidence in Darren and his team to keep plugging solidly at their asset and pleased that they keep doing so.

However, I seem to remember somewhere that we are due to come to the end of a tax holiday soon and if I am correct about that, I wonder if anyone could share some light on how that affects the figures that are being projected by Lee ad others of when we will be actually debt free.

For my part I am very likely to get a tax free ill health bonus soon as I have been off work for 6 months (current sick note runs out in July)

I'm not actually sick, sick but suffering from a few broken bones as my motorcycle racing exploits went a bit tits up last October.

Lets put it this way:- The mild vindaloo induced gastro-enteritis i was experiencing that morning suddenly got a lot worse as I departed company with my bike and took up a new temporary hobby of flying!!

5 broken bones later and I'm still recovering. Plus as a result I now need a new knee. (relevance????) If that bonus comes thru then a significant portion will be invested in MTL; that's for sure.

I finished 4th in the EMRA championships and 7th in the British motorcycle racing club champs on the 400cc bike but won the 50cc classic British champs (that's a 106mph teeny bike). Next year I want to be a Gold investing Champion, with every one else here

Have fun everyone

Jim

Had to reduce my holding from just over 3 million today to 2.7 million. Due to an unexpected bill.

A choice between drawing extra from my sipp or spending a bit of profit as I'm still in for under 1p so at least its a bit of profit I'm spending

bad moment to sell tbh but will build back up later

I wake up every day and look at my (speculative)portfolio. My other portfolio is my sipp and I belive that to be in pretty good hands (ie not mine)

I look at every stock and set aside its performance and ask myself "am i still happy to be here?", does the stock still fulfil the reasons I bought in to it?" "does it still feel safe"

The answer for MTL has been an unwavering yes (for the reasons pointed out in the last two posts) and that's why I ride the ups and downs and I'm staying in.

Jim

Sorry that should be "sub $100m moment"

We have dreamed of the sub $100 debt moment for a long time. Bowden's pragmatic approach to RNS's rather than exaggerating RNS's from other companies doesn't get "everyone" exitied.

But I am Bowden is the best thing that has happened to this company and his determination to succeed and ability to get his team alongside him has to be admired

I'm sure that those who were in at a lower price and the day traders have decided to take their money but I'm sure those of us who can see what's going on will stick with this stock.

We may have another shock to the price when it comes to paying tax but in the meantime and afterwards, this share is only going up and heading towards a dividend.

I'm in

Go Darren, you and your team are doing an amazing job

just had my corporate actions letter today and due to shortage of time they request voting by phone, which I'm trying to do right now.

Its not immediatley clear on the automated system where you need to go but for the benefit of any other halifax shareholders:-

The options you get on the system require your to press option number 6 general enquiries followed by another option 6 for corporate actions and then wait for an advisor to be available (i'm still waiting as i type this)

GLA
Lets hope for a fabulous outcome, I have a feeling that with the backers and lenders all will be well

Only just picked this up on FB today. Article is from August

Seems somebody has a cash in hand shortage if it is to be believed

https://newszoom.click/2021/08/20/holly-valance-hubby-in-cash-crunch/