Member Info for Kat-079

Patry - Haha, I know that feeling. Found I miss the adrenaline hit of being invested even when stock is dropping.

Patryk - Good luck, I'm sure you'll be able to get back in and save a few pounds over those of us hanging in. I'm rubbish at trading so will just wait it out now.

There seems to be an on-going sell off in miners because the MACD and RSI indicators are showing that indexes such as GDX are overbought. So technical charting says we all have to cool off, irrespective of the massive increases in FCF caused by POG.

Seemed to have started Thursday, but only became more apparent when gold dropped on Friday. Everytime POG drops buyers are reduced shifting balance to the technical sellers.

Apparently there is an on-going sell off in miners because the MACD and RSI indicators are showing that indexes such as GDX are overbought. Basically, technical charting says we all have to cool off. This despite gold at ATH and FCF for gold miners surging x11 compared to x2.5 increases in SP over last two years.

Meanwhile, everyone still carries on piling into the S&P 500 which is on a trailing PE of over 25.

Someone please make this nake sense.

Punter - Quite so. I was thinking of Dupax more as a satellite mine as opposed to a full blown extension of the pit or possibly going underground as would be the case at Segilola.

Either way, I can see an good upside for both. For me, MTL is the more likely to double in SP over the next year.

SmoothBrain - In addition to the dividend, there is an expectation that THX will be able to achieve a LOM extension for Segilola whereas MTL will not at Runruno.

In practise, both are still very under valued given their new mines. MTL is due a re-rate soon given the pace af which La India is being developed.

IBABFO - Just googled "Is Nigeria safe for foreign tourists?". Answer...

"Reconsider travel to Nigeria due to crime, terrorism, civil unrest, kidnapping, armed gangs..."

Does sound like an adventure! 😲

HarChris - great to see you back posting! Was wondering where you got to. Always enjoy your analysis, though hoping for a bit more than £1🤞

... less than 29p. The fact that you could have been in and out of SRB with a 10 bagger during this period does reduce your credibility somewhat.

Geezer - I admire your tenacity. You've been banging on about the same thing for almost 2 years since the SP was

Likewise, increased holding by 10%. AIM is a broken joke of a market.

Kkkrrr - Well I did say I was unaware not that they may not exist. Thanks for the heads up on Azris mining though. Will have to check it out...

Sakura - Yes, DB did seem to indicate 2027 in the Crux interview. Would be fantastic if MTL can achieve this. Seems very tight though given how long it takes to get licences in the Philippines.

CFC - Three stepping stones is dead right, with each step timed to fund the next [larger] jump:

La India [2026) -> Dupax (2028) -> Abra (203?)

Plus all the other potential opportunites that may turn up in Nicaragua and JV in the Philippines (as hinted at by DB).

I really don't know of any other company that has such a clear roadmap for massive revenue growth. Starting to think my projection of 40-50p is way too low.

AngryBadger - the ii charges can be directly taken by DD from your bank account. So no need to sell shares in an ISA that has been transferred.

Thing about MTL is it's SP is pretty weakly coupled with POG compared to other gold miners. So not too worried about a pull back in gold price here. Very under valued even at $3000/oz.

Thanks for that.

DM - I'm being a bit thick today. Can you elucidate a bit on the heavier environmental footprint part? Thanks. My main criteria is looking for particularly overlooked/undervalued companies.

Nimrod- Likewise. I'm in SRB, THX, PAF and MTL. Not selling ATM and only looking to add to MTL. Do please let us know if you find any good/better candidates to put some cash...

CondorGoldMike - Likewise, added today but only 200k. Will be looking for more if it continues to drop.

I don't think I've ever seen a share with such a clear road map for massive, rapid organic growth. If all goes to plan, hoping for 25p SP by end of 2026 when La India comes online and 40-50p when Dupax starts producing (2028?).