Member Info for leehardcastle

The way I look at our share price is it’s an opportunity, these levels are behind the curve, you can relax, we have 7 weeks with only good news to come during this period, announcing new CFO and other important positions, it’s as clear as crystal we have nothing but good to come from here, the biggie is obviously agreed refinancing and improved performance, those two will transform the rediculous current share price, so much positive changes have taken place and it’s not factored in yet, but it will, a small amount of patience is all that’s required, keep adding why you have the chance, because the penny stock price will not be here in 2 months time, I’m 100% on that.

If the share price drops for very little reason, you can bet it’s a tree shake, then you can bet the Banks decision news is released just after it, always happens, top up time for them watching, you have to be quick to grab them bargains though

$1315 per ounce, imagine nameplate production 25k ounces per quarter, $33million income, more than our market cap, crazy but true

Ha ha, Great minds think alike!!!!

MTL Veterans know it’s business as usual, never any doubt and why we all load up when the chance arises, the sellers are new blood happy to take quick profits, we are employing new senior positions every week, and will do so for a while, this is a total restructure for the better, CFO news to come too, although today’s hiring has vast financial experience, all the pieces are coming together, doubters must be seeing what’s happening, surely, blue day coming

Volume for me, I like round numbers, 2.5 million is a nice round number

They always drop before news, those selling get left behind, but I will keep taking more on the drops, thank you sellers

The bank decision to extend is 100% in my book, they have nothing to lose, they have been paid at every step, and won’t put a spanner in the works, but they have to be asked and given time to respond, the fall this morning is just like every other timed just before they release the news, MMS like to move it down to sell you them back, Time to BUY, once this last piece of news is posted, we have a clear path for two months, the only question you have to ask yourself, if the mine ran at 64% at the end of December, which was its best to date, will it be running more efficiently in 2 months time? I’m pretty certain with this new experienced team, that’s a given, and the share price will rocket to fair levels, 3p minimum, 5p possible, remember, we were at 8p before they produced a nugget, if we are running at 75% to 100% then we are a profitable gold mine, a new chapter in this journey, fact, not long to wait.

Bought a few more at 1.4p showing as a sell, doing my bit to rid of ruffer, and whilst there giving them away, I’m happy hoovering

Once the banks agree to the time extension to align with the major shareholders who have already agreed, then we have total clarity that we’re not defaulting, we have the whole 1st quarter of 2019 to ramp up production, then that will trigger huge volumes buying in again this week, if we can smash the selling from Ruffer, who I reckon have around 70 million still, the shackles will come off the current share price, whilst Ruffer are happy to sell at 1.6p or lower, then PIs have their last chance to get a position whilst their silly cheap, so depending on how long it takes this week to rid of Ruffer, I think Friday share price will be between1.6p and 2.5p
If current investors top up a little and new PIs jump on then 70 million from Ruffer will soon change ownership, most into sticky fingers, I keep adding and have since December, 2019 is the pivot point for MTL, the new highly experienced management at the wheels will transform us IMHO

I think he meant the (2:15) transaction for 2.5 million at 1.6p was a BUY as the bid was bid 1.45 and ask 1.65p, the other two deals for 2.5 million were shown as BUYs but are sells, most likely Ruffer

AEG.L not a lot of reasons to be putting your money there, quick look, looks like it needs placings still to survive, will end up diluting itself to nothing.

No one selling now, more going into sticky hands, consolidating the share price in the perfect manner, steady blocks of rises, racheting up each time.

Patience required, opportunity for everyone at the moment as the share price isn’t in line with the facts, it should be double today’s price, next week will further clarify our future is secure, and 2p plus will be a new base, opportunity for veterans to average down and new PIs to grab a stake at silly money, Ruffer are actually doing us a favour, just let them go into sticky hands and conserve them to history in our exciting future, MTL is in better position than it’s ever been, that’s a fact

The finances are going to be put to bed during this quarter, that’s clear as Crystal now, the new CEO has come in at the nick of time, it’s clear that they have total support from the major investors, remember, the banks have always been paid on time, as the short term loans have been used to facilitate that, so the banks are not the issue, hence why I know they will grant the extension to restructure to the end of March, we now have time to get the gold production up to nameplate production and prove the restructured loans will be paid without fuss in the near future, I think the RNS was being held back to the last minute as they will have been waiting to announce the banks support with the major shareholders support, but I imagine the banks are slower to react to recent changes in the business, changes that are the key to our success, I see another RNS early next week clarifying their support, and it’s business as usual.
Time to BUY

The banks need to feel they are in control, not the client, you still have to ask them permission to extend timeframes, they will scratch their chins, deep breath in and make out they have given you a huge favour, they are still getting interest payments on remainder of the bank loan (senior debt) they haven’t lost a dollar, so I’m 100% certain they will roll with the request, the RNS will have been a major relief for many holding, and an opportunity for those looking to get in can do so with a lot less risk, good times are coming, let’s get this mine up to speed, it could be up to 100% this quarter with the right expertise, incompetence has pushed us back 2 years, but we will rise from the ashes and be a serious low cost gold producer for a decade or two.

Asking 1.2 to 1.3p between 2 market makers now

And that’s what we would have had today if the deal hadn’t been signed off, or as some have feared, no deal offered, the ink is dry and news will come tomorrow IMHO

Took a few more, see this last hour as an opportunity to grab some cheap, RNS tomorrow now, won’t here today, but the logic of no news being good news has to be right, never had any doubts from the start, hence why I’m still adding, GLA tomorrow

Spread widened, is that a clue?