Member Info for leehardcastle

Broomtree and Surrey, can you just accept where you are today, for the logic is before MTL arrived at the door of Condor Gold, you both held shares and so you had to believe this risky plot of land in Nicaragua was worth holding onto, you had a value of 40p to 100p considering all the political risks, so MTL got a bargain at 33p.

MTL now owning that plot of land, it’s fair to say they got a good deal, it’s fair to say they have the the cash income and mining knowledge to get that land to production.

If you want to reduce your holding, it’s got to be in your interest to either keep negative thoughts private, or actually look for the positive spin in the situation found to day.

It’s clear I believe in the prospects for MTL, so I thank you for letting me know it’s not a certainty, the risk to reward in our favour, it could fail, but it’s unlikely, 95% of posts here would agree with me I’m sure.

I hope you both can just find it in you to continue with the play in hand, and let’s get along, we bickering won’t change the outcome, you holding, me buying, you selling won’t make an ounce of difference to the future of MTL, let’s just get along, I’m sure everyone would find this chat more rewarding.

I know how it works, you buy 200k like I have today, and wait for 20p in 2 years, it’s quite simple, thank you for the cheap ones who ever it was.

Drachs investments paid 6.75p a share, I’m sure a billionaire knows a good investment, so I will continue to follow the money, seen MTL shares given away at 1p 2p 3p 4p 5p 6p, they all believe it was time to sell, but they got it wrong, and those selling today will see the same thing, patience wins the day here.

I imagine it’s a networking paradise, if you was building a mine, you will need to acquire skills and equipment, where better than this event, its not a jolly, it’s a strategic meeting of like minded companies, sharing knowledge and opportunities, sourcing equipment quickly takes a canny CEO, Darren stated some items are long lead orders, this is an opportunity for MTL to find what’s required quickly, meeting the men in the same business, it’s certainly not for finding investors, we don’t need money, we have the required funds coming quicker from Runruno than they will spend it building the La India mine.

I’ve said it before, but Darren will most likely have La India up and running quicker than Q4 2026, he’s an over achiever, and under estimator.

Broomtree, I’m doing my bit to let you exit, took another 136k at 11.05am

What do you need? Surrey needs 9p to break even, don’t worry, hold tight, won’t take long, can you wait a few months? Shame you will miss the real money, that’s 20 months away.

Lets make this clear, La India is getting built, 100%, Why?

Because MTL paid $67 million for the assetts, they didn't buy it to graze horses.

Because MTL have profited $91 million FCF in 2024 and will make the same or more in 2025 and 2026, $122 million to build La India to production is not a problem.

Darren Bowden said he's building La India, and his word to date has been faultless.

Darren Bowden has always under promised and over delivered, so expect to see results quicker than the Q4 2026 estimate of a producing La India

Gold is going higher, this is the early stages of Gold bull run.

MTL Price to Earnings ratio of 1 is not close to fair value of this comany, producing gold in record high prices and multiple assets in hand with no debt, its undervalued...period.

Those holding have zero to be unhappy about with MTL, whats happened in the past with Condor has no relection on the future with MTL, the future here is breathtaking. IMHO

If you look at all gold mining stocks they are currently undervalued in comparison to the record high value of gold, so MTL is cheap by comparisons to other undervalued companies, I strongly believe gold is real money, and paper money is actually becoming ever more worthless as it’s printed at ever faster rates to make governments meet demands, holding gold in a physical form will soon be recognised by the general public to save their wealth, at the moment, its central banks and a few in the know secretly stacking it in their vaults, they know the paper value of money is game over, it’s value is in a death spiral, inflated to death, and keeping the gold price as low as they can from not talking about gold, is in their favour, stacking gold as cheaply as they can with ever decreasing value paper.

It’s the lack of news on gold and it’s price that keeps the masses uninformed about its play in the financial world, when they actually wake up when it’s too late, and start chasing ever decreasing stocks of gold, the price will accelerate and rocket to multiples of todays values, and gold stocks will finally become the hottest property, when financials are collapsing.

We hold an amazing future, a company that’s is producing the product that everyone is going to want to protect their wealth, it’s going to hold the keys to the vault, and pennies increases in share value will become daily occurrences, mark my words, it’s coming, when fear of missing out plays into our hands, having stock now is owning the seeds to massive future prosperity. IMHO

Well it was rude not to but I had to take another 100k, put my money where my mouth is, 4.02pm

7.3 million, thanks guys.

Thank you for your post, it’s truly a breath of fresh air, honest and measured, the tone on this chat since the takeover is uncomfortable to say the least, and it’s clear many posts are simply manipulating and dishonest, please don’t leave it another year, it’s posts like yours that make it worth looking in.

As for coming back in a year, good luck, but we won’t be cheaper, the gap between and an idea (La India) and fruition (producing gold) has lots and lots of updates along the way, each stage of the build ticked off is another reason to have more confidence it’s really going to happen, and with more confidence comes a higher share price, don’t forget as gold prices increase, so does current and future cash incomes, if you believe gold is to fall in the next 12 months? Come back in a year, my advice, hold and add will win the day, just as it has for the last 5 years.

Cracked me up that CarefreeCarry :-D

Excuse my spelling, I was excited, need to read it back before sending "of" "steal" .....oops

I was accused off getting my 20p prediction in a few years as laughable today, getting ahead of myself, well now it’s come from Darren Bowden…..2028 FTSE listing £500 million market cap is 20p, it’s his aspiration too.

Of course if you can’t wait, we understand ;-) we don’t mind, I can take some of those shines new MTL shares off your hands, no animosity here.

I’m speechless, he’s got Condor “for a steel” “FTSE listing 2028” “Runruno three, five, nine years extension” “5 million ounces La India at 4g/t” “20 years resources” etc etc.

Talk about leaving the interesting information till after the Condor deal, he’s a genius, and I pray the current selling continues, as it’s utter madness, but I’m 100% increasing my holding from here.

Thank you Pedro, it’s always been my stance to back up my bullishness for our company, and I’ve seen 0.4p and I’ve seen 6.9p in the 8 years I’ve held, and I’ve collected a vast amount of shares over the period, so I back my optimism with my own cash, the negative posts are usually unfounded and always pass as time continues, we have had lots in the past, if you read my posts from the past I have never ever made one to obtain a cheaper holding, because I always hold my shares and don’t trade them, so I continue to pay more as time goes on, but at the same time, I’m buying into less risk with every purchase, so that’s fair, I’m tempted to add now and am watching carefully, the future here is astounding and I will continue to hold and add, and write about MTL to give others perspective, which helps them to hold and add.

Darren Bowden has run Runruno perfectly and made 168K ounces in the last 2 years, averaging 84k ounces per year, at 1.4g/t or lower gold grades, he's over shot the upper estimates each time, our market cap stands at $175 million today.

Darren has already said we have an existing 12.4 years gold proven assets in La India, grades over 3g/t and he's said he estimates are 145k ounces production per annum, at todays gold price of $2700 thats $220 million FCF per annum before tax.

MTL at 20p would have a market cap of $600 million, less than 3 x earnings, a debt free cash building miner with multiple assets and just from La India alone producing $220 million profit after costs, not including whats left from Runruno incomes, or the value of assets in the Abra tenament, or the additional reserves in Nicaragua.

I rest my case, 20p would have us valued cheep, by any metrics you care to mention.

I hope those wanting to leave do so, as a long term holder and someone waiting for La India to come to production, and it will, and it will on time, actually want you to tank the shareprice, threats about selling are not threats, they are opportunity, there are plenty who will mop up your gifts, Surry, put your sell order in now, 20 million, today would be excellent, they will be taken off you by the end of the week, and I personally will take a million from you, 5p, 4p, 3p. Cheaper the better, it’s not an issue for me, I’m not selling, why the hell would I, $2.7 billion FCF just in La India current reserves, possibly the same again in future reserves, so take your threats to tank the price and follow them through, when we are 20p in the next few years and dividends start I will take a moment and think about you.

I hope news investors now see why current investors have been so bullish with our short and long term future, he has for the last 5 years always been straight and honest, and when he’s confident in a subject, it’s because he believes it’s a fact, he has proven that time and time again, not once has he promised or mentioned a non factual subject.

He’s said production of gold via La India is coming late

2026, he’s stated the expansion of resources are in no doubt, current CNR shareholder have 11p CVRs to look forward to, he’s honest and he will pay them.

Stick along for what you bought into holding CNR, a working money making La India, along with a slice of Runruno for desert.

CuckoldKing…150k ounces, that’s a full 2 years worth of resources, and if news tomorrow mentions extension of processing by bringing in additional material, that will be amazing, the thought of 2 incomes, La India and Runruno combined for a few years, allowing the Abra Tenament time to start production is a dream position.

Nearly $100 million cash generation from one mine is mind blowing, the efficiency has reached around 95%, that’s 5% better than the norm, and 7 %!better than design, perfect timing just as the gold grades reduce a little, the improved efficiency and gold at a higher annual price makes up for it, $100 million looks highly likely obtainable again for 2025.

I’m excited to tune in tomorrow for the investors meeting, the last one in February last year had a massive effect on the confidence holding MTL, I’m sure tomorrows will achieve the same, especially for our new brothers in arms.

Metals exploration took an unsecured bridging term loan facility worth £5.5 million with Drachs Investments No 3 Ltd at a reasonable 10% annual interest rate to facilitate the purchase of Condor Gold, Drachs recently acquired 18.7% of MTL shares before the acquisition today.

The billionaire owner paid between 5p and 6.75p a share to achieve her holding.

Drachs have a place at the board meetings and have inside knowledge of the companies plans.

If you think she made a mistake late last year paying 6.75p a share for MTL, then it’s a good choice selling out.

If you think she might know more than we do and bought at 6.75p to make a profit, then it might be wise to follow the money, and hold a while longer, Friday will be the first time in a long time Darren Bowden can come clean with his plans as it’s not detrimental to him to have the share price rise.

I can see sellers today having remorse this weekend.

Friday is pivotal.

Watch this space.

I don’t lie, my brother has his converted shares now, and they are tradable.

They have converted already in my brothers IG trading account, hes recently bought £30k of Condor shares and got approx 400k MTL shares this morning, just text me.

So I imagine everyone will have them today.