Member Info for leehardcastle

I’m a cup half full type of guy, Sakura 🤔

If you really need another reason to invest in MTL, this is by far the biggest: Drachs Investment are our second biggest investor with 20% of the shares in issue, a close second to the longest serving large shareholder Nick Candy (Billionaire) with 22% of the shares in issue, the 600 million shares have been acquired by Drachs in under 2 years and she paid 20% more for some of them than you can today, she has a seat at the board meetings and is no fool being a successful billionaire investor, I’m sure she doesn’t make many mistakes, you can’t to be a billionaire, it takes a solid mind.

Doesn’t even register in my book, if you are a government wanting mining in the Philippines and you have future tax takes and 1200 plus locals employed long term, would you say NO to the 4 times Presidential award winning Metals Exploration, No? Neither would I

PJ70…your welcome, we will double in price in 12 months on La India flowing, Dupax is a massive low hanging fruit bonus, it’s the cheapest solution to reuse the Runruno processing plant ($100 million worth of equipment) but it’s not the only option, and so my take is don’t wait to see results, as when you do you will be chasing the shareprice to buy those extra shares, we are cheap now, far cheaper than we should be, so time is not on anyone’s side if you wait it will cost you more, expecting record Q4 numbers and drill results for both La India and Dupax just around the corner, that’s my 2p worth, your decision, good luck with your decisions.

Wow, Carefree you answered as I typed, similar answer, all though I got $30 million total costs for getting Runruno/Dupax operating, think that came from Hannem and Partners research, what do you think?

PJ70…..good to see you have dipped your toes, MTL has surpassed the last few years gold production targets, and been at the bottom of expected AISCs, this is the 1st year in many where they are below expectation of 70k ounces, the wet and windy seasons are common, but this time we got hit directly with a massive typhoon, a first in my time here (8 years) so it’s impacted a weeks production, the biggest effect on this years numbers was the delay of production due to the BIOX failures to polluted earth, we delayed 7 or 8 weeks production, we won’t repeat that again, steps have been taken and in 10 months time we won’t use the BIOX system at all, it’s to be removed as Dupax reserves don’t need it.

As for Dupax reserves, we move the earth to Runruno, we are not moving the processing plant, it just needs a few alterations to the plant, BIOX removal is one them, expected to be removed in Oct 2026.

So CAPEX costs mentioned are $30 million to use Dupax reserves in Runrunos processing plant.

Darren Bowden mentioned much higher grades in Dupax and expects to double or triple incomes if Dupax reserves are large enough to warrant the $30 million costs.

We are valued low for one or two reasons, the main being we have had a large seller anchoring down the shareprice for months, and we are still under the radar, the market hasn’t been exposed to our massive future, we have never hit the tipsters radar in a long time, and so it makes us the opportunity of a lifetime, get buying is my answer, because that silly Market Cap is exactly that….silly IMHO

Pennies to pounds in play.

From the presentation, you can see we expect to surpass 2025 numbers in terms of gold production and revenues for 2026, predicted 67k ounces and $210 million revenues this year is good, 2026 at $4k plus gold will be on another level, predicted 71k ounces at $4k is $284 million revenues, that’s in play as we finish the La India build and prove up the Dupax and La India additional reserves.

La India predictions during 2027, 2028 and 2029 average just under 140k ounces , that’s doubling revenues again at $4k gold, about $560 million

Dupax reserves utilising Runrunos processing plant is certainly mind blowing, if/when they decide, when is more likely than if IMHO, exciting days just ahead.

It will Sakura, so will yours if you have the stomach, many will get shook out, take profits, listen to the main media and you will drive yourself crazy, remember, the financial institutions DONT want gold to rise, the banks want the gold, the banks want to sell you paper investments, so they print lies and hide the truth, when was the last time you saw anything about gold on the main media channels, at a time when gold and silver are all time highs……nothing, keep that in mind, and stick to the plan, we have already married the prom queen, keep faithful to her and enjoy the future.

Sakura, I took the risk 8 years ago when we had huge debts, losing money and no answers, now it’s a walk in the park, the risks you mention are not company ending, they just adjust the level of prosperity in play agreed, but I know more about the state of economics in the world and they cannot recover them, the ship has sailed and money printing is all they have left, trust me on that.

I have over a £1m riding on MTL, it’s not cost me £1m but it’s the same thing, it’s £1m plus that is mine to cash if I choose to, but you all know how I feel about MTL, it’s the opportunity of a lifetime, and the shareprice does as she pleases, but the cogs grind on in the background and our company produces both cash and builds infrastructure, whilst proving up new assets, all happening in the first few years of a major gold and silver bull run, one to last another 10 years or more.

We have the golden tickets, just hold em tight, remember Drachs has purchased 600 million shares (and more) and 16p was paid for some, nearly half a year has passed since those 16p purchases and the gold price has vastly gone higher, La India is nearly half way built, 13p is crazy cheap and doesn’t even reflect the MTL expenditure to date, the £billions in the grounds we own haven’t registered a single penny, but they will, pennies to pounds coming for the patient. IMHO

Sakura, bang on, the banks underestimated by 30% last year, and then pick a target for next year that’s so close to current prices to imply the best has already come, $5000 will get taken out in less than 6 months.

The banks do not want gold to rise, because they are buying it, and they can’t make a penny out of precious metals in customers hands.

The artisanal miners put both the landscape and locals health at risk, Darren and his team plan to offer them a professional grade small scale processing system to protect them, whist offering them an even bigger income as they can sell to the market at market prices.

We have won 4 top level mining awards because we improve the area, and replant more trees, we don’t contaminate water streams or the land line the artisanal miners do already, so we offer an improved environment and living, but that takes education to get local population on board, which will come with time as MTL demonstrates this with their proven history.

The rat a tat tat style seller got over whelmed by the big buyer, could Drachs be back? 🤔

The seller will run out of shares, if it is Mellon they won’t report any holdings under 3% of shares in issue, as said it’s nearly 100 million, I believe it’s been that scale as this selling has been for months, but the numbers are getting smaller and more frequent, hence I believe the seller is running low on stock, once the seller has cleared we will move higher rapidly.

Took another £5235, will continue as and when, this is the time to make the most gains from your purchases. IMHO

Remember gold at $4135 as I type, Runruno is producing and record profits are in play, we are after all a producer today, it’s not jam tomorrow, it’s extra jam tomorrow, plenty of jam today.

10 Days ago an RNS told us gold operations were back online after a 5 day halt due to the exceptionally bad weather, so we know we are producing, we also know that Dupax drilling was on pause because of the effects, so you can relax on Dupax bad new in the background, so why the fall? We’ll just look at sells and you can see a scatter gun of sells in nice round numbers, and it’s from our consistent background seller, one who’s been selling the whole time Drax was buying and so the shareprice held higher, it’s clear Dupax has finished buying for now, having 600 million shares bought at up to 16p.

The selling has spooked many, and yet I see it as a continuation of a seller selling, that’s all, it will pass and MTL will rise, it’s annoying, it’s also opportunity, the sellers in my opinion is near the end, as the pace of selling has increased, previously it was intermittent and allowed us to catch breath between each head wind, this time looks to be the last, time will tell, but don’t look too deep into it, we have brighter days ahead.

Broomtree you was gloating when you sold some at 6.7p like you was a trading legend and now your back at 11p with a post saying we are a delusional, you can't make it up, since you last post here, I'm sure you have done better else where ;-)

Gold in the early 70s was around $40 dollars, or 100th the price of today’s gold, as in $1 is now purchasing what 1 cent bought back then, it’s collapsed in buying power by 99%, that’s what gold tells you, and that last 1% is about to collapse, the reserve currency is the head of a range of collapsed currencies, wake up Major, your buying the rhetoric the banks are feeding you, the financial papers and governments follow they same b-ll your reading, and if you can’t see how a 99% devaluation isn’t a pattern you really are blind.

The banks have all agreed gold is going to $5k next year, and they always under quote, as they don’t want people buying gold, last years banks predictions for gold was $3k and they got that very wrong, so take $5k predictions being very much a low ball.

China doesn’t quote it’s purchasing because it’s collecting gold under the radar, why pay more by telling the world what you are doing and end up paying more.

The central banks at the end of the gold bull run in the 70s had banks holding 70% of their reserves in physical gold by 1980, today central banks have only 20% of their reserves in gold, up from 10% last year, so central bank buying can go on for a lot longer should history repeat its self.

The Gold price is taking a breath, just like it did at $3300 and don’t be fooled into thinking it’s run out of puff, it’s a normal consolidation point, MTL has reached mega cheap status again and this is the time you go in deep, but that’s my take, I know most will wait for momentum and pay a lot more, but remember, what’s going on in the back ground at MTL is all business as usual, and the shareprice is disconnected to the prospects IMHO

Copy paste Sakura?