RE: Share ownership & Investment7 Jul 2025 21:09
Not selling. Will decide WHEN we hit 100p and if dividends are declared, will probably hold.
Initial internal studies of La India indicate a NPV of $882m; AISC $1176; gold price $2500.
So quite a bit to play with current gold price and possible additional discoveries.
ABRA:
-Dupax has internal target estimates of 10-20million tonnes (mt).
Extend runro life by 7yrs.
Other Abra targets Manikabel, Domenplay.
Bear in mind gold.price is currently $3300 plus and expectations are the uptrend will be continue, how much will MTL be worth??
Add to that DB, is a highly motivated, skilful and accomplished CEO. He knows what he wants and steps needed.to get it done.
MTL journey is literally starting but from strong exisitng RUNRO foundations. Hugely exciting times.