Member Info for LiqMyAce

There will be a 6 month ramp up to optimise the plant, it's unlikely we produce 145k oz in the first year, if we do it will be back-ended.

@EL so that begs the question why were these numbers not included in the CNR BFS?

Yeap I did Surrey and I'm happy with the outcome...

I would like to know who is sitting on and has our cash on deposit for the next two weeks? You can bet MTL already paid the cash out to somebody!

Broom - I think the technical issue they had this morning has put them behind

Who is your broker AB?

I just called them and they say they have not yet received the shares into their system. They said it could take up to 2 more days. I asked them about the cash element and they said around the 29th.

Anybody that believes "infill drilling" is not required, knows nothing about mining Gold. From day one infill drilling will take place almost every single day. They prove up sections of the mine on an ongoing basis so they know where they are heading.

Needs a bigger new motor to run at the higher capacity required.

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@Bob I would just trust Darren, he knows what he is doing. He will have high confidence in the resources or he would not have bought it, but he is very thorough and will need confirmation as to where to start digging first. Good luck!

Candy and Drachs will keep Mellon under control. Mellon is no longer the biggest kid on the block!

Then - Crediting of the Fixed Consideration New MTL Shares to CREST accounts in respect of Scheme Shares held in uncertificated form - on or soon after 16 January 2025 - I don't know how long it takes for the CREST system to feed through to individual accounts.

I expect the new shares will be available for trading at 8:00 am Note: Admission of the Fixed Consideration New MTL Shares on AIM - 8.00 a.m. on 16 January 2025

Despite cleaning up after a typhoon Darren hit his forecast as usual and beat guidance for the full year. $22.5 million free cash flow is excellent. Hope the market does not take a negative view on 2025 guidance which is down on 2024. We are getting to the end of LOM and head grades are going down.

@broomtree I can see your point about keeping the Treasury shares as additional liquidity just in case something else comes along. To be honest I had not thought about it from that angle.

Will check here https://metalsexploration.com/investors/share-price-information/ tomorrow, to find out what happens to the Treasury shares once the new shares are issued.

Surrey - Difference is we have the cash flow and expertise to actually exploit the resources!

I agree AJ!

Buying at least £5 billion worth of gold in the ground for approximately £67.5 million plus CVR's seems to me a cracking deal for us. The board has played a blinder here, securing our profitable future for probably the next twenty years. Once the mine is built the free cash flow is going to be eye watering.