Member Info for Kat-079

I was lucky and got in just before the auction. Topped up 2×100k shares at 11.72p and 11.64p 😊

Yikes! Sad to see this being posted here 😔 Let's keep politics off this board 🙏

Thanks. I'd forgotten that.

According to data on the MTL website they were planning on getting drill results for Abra by end of 2025 (Priority 1 - Manikbel, Priority 2 - Domenglay).

I assume this now way out of date with the current effort being just at Dupax? Any thoughts on when we might be drilling Abra?

Ridgeld - Thanks. Yes, it's a powerful tool, but just a bit dangerous in the hands of an idiot [like me]. FWIW I retried later with VPN off or in different countries and got a much closer result to you.

Must admit though I still prefer the old fashioned way of hand calc using production estimates, POG, AISC , tax and assuming a P/E. That way I know what's being assumed.

... and a third time lower predictions again.

... then repeated the sane input and got a different [lower] set of price predictions 😕

Not sure about this AI malarkey 🤔

Rudgeld - I put your text into ChatGpt and got different results. First it translated MTL.L as Metallugical Corporation of Chjna Ltd. With an appropriate change to get Metals Exploration it gave different predictions...

"... Price Prediction:

1-year outlook: In the immediate term, MTL.L could face volatility, especially if gold prices fluctuate due to interest rate hikes or global macroeconomic shifts. Operational improvements at Runruno could provide some upside, but risks remain. Predicted price range: £0.10 - £0.15.

2-year outlook: If gold prices stabilize or increase, and Metals Exploration continues to improve its operational efficiency, the company should see moderate price growth. The potential for an increase in gold production would likely translate into higher revenues. Predicted price range: £0.15 - £0.20.

5-year outlook: Over the longer term, if MTL.L successfully expands its operations, reduces costs, and captures higher gold prices, the stock could see substantial upside. Assuming steady gold prices and improved production levels at Runruno, MTL.L’s valuation could grow significantly. Predicted price range: £0.30 - £0.50."

Overall, I prefer your result!

Viable - avoid Tanz. Could be bad news for SHG then? That's a shame 😬

Viable - Many thanks for the reply. Always good to hear what someone who knows what they're doing is thinking.

Picked up 10k on the dip this afternoon. Hard to believe the SP was 38% higher a month ago when POG was... checks notes... $50 lower than today. Silly market.

Viable - Have you halved everything? PM miners too? I'm finding it hard to sell these out given mine were 15% to 35% higher at lower POG.

Lee - what a lovely thought for the day! Tempted to go out and get a Britania now...

... Alternatively, assume 12.9koz production in Q4 (to match Q3) and $4000oz POG. This would generate Q4 earnings of about $22.2m.

Full year earnings would then be about $57.3m (EPS of $0.76) which is about +14% higher than analyst estimates.

Q3 financial update coming in about 4 weeks, so might worth thinking forward to that and do some full year estimates for 2025.

Based on some simple calculations I get:

Q3 Earnings of $16.2m

Q4 Earnings of $18.5m

Q4 estimate is quite conservative assuming an average POG of $3850 per oz and gold production of 11600oz to make 45koz for year. Both these could well be higher.

Overall, this would equate to full year earnings of $53.6m and an EPS of $0.71. These are about +6% above mean analyst predictions.

OldGeezer - shut it yourself. You just repeat the same old concern multiple times a day.

You're just a deramper or troll who keeps on like a broken record. Either that or an altruistic guardian angel who's prepared to spend their life repeating the same info for years to save us. Occams razor on that one.

Geezer - Anyone who listened to your expert advice from day 1 would have missed out on a ten bagger. Frankley, you've lost all credibility as a financial expert on here. Suggest you go back to bothering the posters on ADVFN.

Picked up 100k @12.219 in the last seconds of trading. That's me done unless it drops below 12p. Don't know how Surrey copes with all the wild swings in SP.

Sakura - Based on an AI search, Woggle Corporation is a subsidiary of MTL.

Following on from an earliet post, the drop in GDX today suggests it is exiting the overbought phase based on MACD and RSI indicators. If so, we might expect the institutional players to slow their algorithm driven sell off.

Guess we'll find out tomorrow morning 🤔