Member Info for leehardcastle

More lies from JWBellamy.

For those who haven’t seen this interview made in Feb 2024, Darren Bowden or JWBellamy

Enjoy

https://www.cruxinvestor.com/posts/metals-exploration-aimmtl-acquisitive-cash-generative-gold-junior-4935

The current facts as of today are as simple as this:

Runruno has 4 years life of mine remaining at 1.29g/t average producing 80k ounce annual gold sales at $1200 dollar profit per ounce producing £304 million profit at current exchange rates is equivalent to 14.5p per share

Cash invested to date in the Runruno business is £237 million at current exchange rates is equivalent to 11.3p per share.

Current share price is a laughable 5.5p

The soon to be acquired Abra tenament is to be our next target with short term high grade mining possible in 1 to 2 years and longer term lower grade mining in 5 years time, the Abra tenament is the first of a number of targets in MTLs sights.

Ignore trolls, who consistently get it wrong and spin lies looking ever more foolish with every post.

Bottom line:

MTL has no debt, record high gold prices, 14.5p guaranteed income in the ground and unlimited future gold reserves to buy using our current cash generation.

Wow

$2323….its just going to keep going up because the economics of the world are broken.

New highs $2321

Gold $2305

Monday should be a high volume trading day, new tax year starts with a fresh £20k tax free allowance for those wanting a long term tax free investment in MTL.

Let’s be clear:

Gold is at all time highs

MTL is debt free and has been for 2 weeks

MTL is building savings at $1/4 million a day

Darren Bowden stated in Feb 2024 via an interview that we will not dilute or require further loans

4 years Runruno life of mine at 1.29g/t average making up to 80k ounce per annum

$1100 to $1150 dollars per once clear profit at current gold prices.

$90 million free flow cash generation per year at current prices

Abra tenement purchase for $1.6 million to take place in June

Small scale high grade mining plants on the Abra tenement is Darren’s Bowden’s fast route to additional incomes, costs around $10 million up and running in 1 to 2 years

Gold predicted to hit $2500 dollars this year

New Chairman is just that, the Chairman, employed for his mining experience, Darren Bowden runs MTL.

£200 million Market cap would be fair value for MTL in our current financial position.

£2000 million ambition stated by Darren Bowden, stating we are the number 1 mining firm in the Philippines, the “Bell of the ball”

Do not let trolls lies spoil your belief in this immaculately run miner, the money is rolling in and will be used to build a multi mine business, with multiple incomes, let this mature, Darren Bowden has proven his credibility.

GLA

It’s held too, $2303 tonight

It’s here already.

JWBellamy

Troll who spouts lies to effect the price, shorts shares.

Motley fool should print an up to date review on MTL, they keep talking about debt in the last 2 articles, no mention of the fact we have 4 years LOM at Runruno either…come on Motley, get your finger out

He posts on other chats boards and talks utter lies and nonsense, I suspect he shorts shares, please short this one, you would get your deserves.

Darren Bowden has it in hand, he will have one or two small scale mining plants set up mining high grade targets within a year or two, he indicated they can produce similar results in cash profit to the large scale low grade mines, for less than $10 million set up costs, I see the Abra tenement being used in that manor first.

He’s indicated he wants multiple incomes.

Average gold sale price for Q1 was around $2090, that’s over $100 higher than any other quarter, average interest charges of $1 million a month since we started paying down the loan is a thing of the past, so that’s another $1 million a month adding to the war chest, with gold at ever higher record prices, we are in another league today, who knows what we will spin off this year? But I can honestly see $100 million free flow being a possibility, based on $73 million free flow in 2023 at a much lower gold price and paying interest on the loan, $100 million? let’s see.

4 years LOM, 1.29g/t average gold recovery, 80k ounces per annum making $80 million annual income.

$5 million to close the current mine at Runruno.

Hope that helps

Totally agree Mac, couldn’t have put it better.

Debt free at record high gold prices, the chains are off, we are now sprinting ahead and the cash is already being banked today at $1000 profit an ounce, and we all own our share of that cash, very happy days.

Mikehr1991…it’s hard to know where the share price can end up this year, it’s a fact we will produce 3p per share in free flow cash this year alone, tax on that 3p is an unknown as we should have tax losses from previous years that may offset taxation for a while, gold miners that produce have a price to earnings ratio of between 7 and 20 depending on size and risk, so it’s clear MTL has a lot of catching up as we are priced at 4.3p per share and average earnings of 3p per share.

We have 4 years remaining earnings from Runruno.

The Abra tenement and other aquisitions may light the touch paper when we have more detail on grades and quantities.

I can’t imagine a better place than MTL to have your cash invested.

Always remember, cash in the bank is both the companies and the shareholders, the little slice each and everyone one of us own, Darren Bowden could split say $10 million in 3 months time between us all, he will have the cash to do that, it would certainly raise the share price too, but if we let him use that cash and buy us the machines to make that $10 million work, those machines make us $20 million and that $20 million gets spent and makes us $40 million etc etc.

The seeds planted now rather than later will make us all far richer in the mid term than most can possibly imaginable today, well done everyone.

Anyone selling today are utterly crazy, it’s unbelievable, you need your hands tying, this is a BUY BUY BUY, you cannot fathom how much this changes the companies position, we spin $20 million a quarter, $80 million a year free flow cash, believe me, this will filter through to us down the road, but Darren Bowden has got bigger ideas with that first allocation of cash generation and it will be planting the seeds of our future, why slow that growth with satisfying a short term dividend gain, the multiple mine income Darren Bowden talks about is now a reality, we have the cash to buy that dream, when we do get a dividend it will be a share of a much larger pot than the one we have now.

I have beaten the drum here for years, today is the day I was saying would come, today is not the day you let go of the dream, hold tight and simply enjoy the next few years at a minimum, it’s just started today.