Member Info for leehardcastle

That’s your usual post Surrey, 4 large mines in Nic all making huge cash, Caliber just purchased by a bigger fish, and we have Darren Bowden at our helm, he knows how to build and run a mine, it’s coming, 90% is me being cautious, but I understand you have been bitten once, twice shy.

Oh, back to the beginning, $3133, will end up up tonight ;-)

Gold down all of $10 today, and the panic selling will be panic buying again, madness, MTL 30p by 2028 paying 3p a year dividend, that’s the possibility, 90% chance in our favour.

Surrey, nothing changed at MTL today, other than the number that you fixate on, the $10 million plus rolls in every month, the La India mine build continues, when you have set in your head that you are waiting for the future mine incomes, and a dividend that will be half todays shareprice for decades, you just let the price move where it moves, buy the dips and hold tight, not many will still hold as many shares as they do today, I know that, it’s human nature, those looking to exit at every penny rise will take their opportunity, but MTL will still build those mines and they will still generate that money? $400 to $500 million FCF by 2028 will pay that dividend nicely.

Dumb and dumber springs to mind, in the real world we have Q1 numbers and an update on the assets within the next 2 weeks or so, it’s a little turbulence with the Trump tariffs today, don’t be fooled by fools, Gold is only going higher, this tactic from Trump is inflationary to say the least, and as we know, Gold reacts positive to inflation.

Well it looks like we have had an averaged gold price of $2850 per ounce this quarter (Q1), at 20k ounces production and an average AISC of $1170 that would generate $33.6 million FCF, Q1 tend to be strong quarters, weather conditions are favourable etc, plus we have had lower cost oil recently, so we may achieve a little more, $35 million would be an amazing result.

Q2 is off to the races with gold at over $3100, I feel it’s time outsiders will be looking at goldies like ours, new money coming in should help lift us higher, along with expected developments in our assets.

Happy days.

Top slicing MTL at this point is not good advice, it was not good advice at 1p or 2p or 3p or 4p or 5p or 6p

It’s been the right thing to hold and add, not sell, those recent sellers are finding that out now.

The fundamentals currently at MTL are beyond argument, we have a 90% chance to have Darren Bowden’s investment plans come to fruition, he will adapt and modify where required, and that $1 billion valuation by 2028 is a sensible goal, I think gold will be $4000 by then and in my opinion it’s a low ball valuation target.

What is a $1 billion valuation in practice for MTL? 35p a share, what could that dividend mentioned be? 10% is 3.5p

This is the starting line, Drachs knows it, we are still priced lower than a portion of her recent purchasing spree, we are still priced lower than MTL reached last year when gold was $1000 cheaper and we had only Runruno, Darren said La India will be 50 to 60% built by year end, and that will have us a double figure shareprice on those merits alone.

Hold your nerve, it’s all gravy from here.

We are nearly at the $2000 an ounce profit margin at these levels, I will work out approx Q1 numbers tonight, but Q2 is off to the races.

Thank you for clarifying that GradeController, much appreciated on my part especially, with age comes wisdom.

Broomtree, no one hears you any more, you have run out of runway, your negativity is relentless, it’s effect has diminished to zero, it just amuses me you find the interview annoying, as it’s the absolute opposite to your negative nonsense.

Spot on Carefree, I will do an update at the weekend on predicted Q1 cash generation, when I have the average Q1 gold price, juicy numbers coming.

The processing plant purchased and shipped for $12.5 million saved us $40 to $50 million, a master stroke, with $200 million FCF from Runruno and La India production costs slashed, we could have a $100 million banked and a fully producing La India by the end of 2026, it’s all gravy, as the crux interviewer pointed out, money makes money, he chuckled and so did I.

1 minute 18 seconds into the video Darren Bowden says:

“Even at the moment we are doing about $10 million free cash a month”

https://youtu.be/1F10snsOc7U?si=aidmV3Gf1eVNY2G7

I love it that it p.i.s.s.e.s you off Broomtree, you obviously get cheesed about anything positive to do with MTL, the video is what it is, you can watch it or not, you either believe or you don’t the words spoken by our CEO, as for your words, they are worthless as Darren Bowden knows more about the company and mining than you, sorry, but it’s true.

Those wondering what the muttering of Broomtree is about, please watch the video link, it’s all you need to know.

For new investors and old, MTLs current operations and future plans.

https://youtu.be/1F10snsOc7U?si=aidmV3Gf1eVNY2G7

I’ve finished my popcorn already, tumbleweeds 🤣

I imagine that will please a lot of ex CNR holders? Surrey, what’s your thoughts?

Big order in I think, Mrs Evans increasing her holding? Smart money comes in every time we dip.

As promised, a must watch video for those checking out MTL.

https://youtu.be/1F10snsOc7U?si=aidmV3Gf1eVNY2G7

The Capex is on another project, the $10 million per month is generated after all costs at Runruno, that $412k a day FCF figure is accurate, we are not saving the cash produced from Runruno, I get that, but we could have and we would bank more than our share price, a one off dividend and close shop.

The cash spent is building another business revenue, use the FCF from Runruno, but my point is it’s not wasted, it’s growing the value of the company assets, saying we have no FCF is not painting the right image, and it’s used like that by Broomtree to paint a negative slant.