Member Info for Lth-sometimes

Seriously, if you read my original post - I’m not trashing MTL or its abilities/capabilities. I referred to II’s and market perception.

As Sakura and surrey said, any possible move (taken out of context in my case mind you) from the positive is derided. The Trump analogy being pretty accurate imo.

Well done, I shan’t be posting again for a while and will just sit on my long held and pretty substantial holding watching this board castrate the unholy. My only desire (‘agenda’ ffs) is to see the SP increase. Very occasionally I also hear something that I haven’t researched myself outside of this board. Yea, you can do that!

Typical social media mentalities, skim read, misunderstand and knee jerk, have done it myself a few times.

Runruno was built by Leighton Contractors Asia not an in house team - subcontractors.

LMA 🤣🤣🤣🤣

🤣 MTL has never built a mine and therefore has no history of doing so. That’s the market perception and my point.

Did I state that nobody at MTL has ever etc etc?

Respond if your desire to be correct overwhelms you but I’m done.

Jeez, it’s true. Step out of fanning the positive flames and you get jumped on.

I’d suggest all those who think I’m being negative against the company itself read my posts very very carefully. I’ve been here for a number of years and intend to be so.

And, the team at MTL have NEVER built a mine, fact. The only new info was why Candy sold his shares. Everything else is public record - inc. the supply of fuels to Asia.

You can disagree with my take on the presentation fine, it’s a personal opinion.

This is a 4 bagger from here - happy now?

Arok - from your reply we seem fairly well aligned. I do think you misunderstand me though.

Unchanged - all the evidence about the business’s position was already in the public domain. Post presentation it’s the same. I’ve been here during the period of debt paydown, that was some time ago now.

The in-house MTL team have never built a mine, therefore no evidence. Not suggesting they aren’t able but market prefers proof as you say. Perversely, if MTL had appointed a seasoned outside contracted to effective build I believe that would be putting us on the Lassonde curve right now even though we would be reducing our cash runway.

I’m not knocking MTL, I’m a believer in the story - I just hoped and expected more from the presentation and not just a summary of the companies website. DB seemed a little flat imo. Perhaps the set backs at Dupax etc have made him less bullish with his language.

Personally I don’t think the latest presentation from DB did anything to give Institutional Investors the confidence to buy now. As such we are at the knee jerk whim of retail investors and the market makers games.

Whilst DB spoke of the desire to be a 2 mine operation the fact that it is taking longer to negotiate than indicated before now means we are unchanged as a business. Instead, the presentation showed a depleting mine, (most of the) FCF used for new build, no historical evidence of the in-house team having built a mine from the ground up, a vague asic, no dividend likely for +18 months and highlighting of the geo political risks in Nic.

In essence, nothing new, just protracted timelines. As I (and probably most of us on here) are aware of all this, any newbies and those invested but less educated in MTL matters are probably looking elsewhere right now.

This is not deramping, just how I interpreted the presentation. I will hold firm as I am prepared to wait for what I believe will be the inevitable first pour and jump in the sp.

However, it does look like we will be bouncing around these levels until we are commissioning La India or Trump is castrated. If a new mine is announced before then then perhaps that will change, but we all know this right?

Does anyone know what purity of dore the La India gold room is aiming for? I know it’s tested on a batch basis and therefore depends on the ore feed and the present silver.

Any chemists/mining bods on here that know about this area?

Maybe this is a stupid question as it is what is is and unknown until it’s been eluted. Any input appreciated.

The SP took a hit after the Q3 results & again after the Q4. This is now the 3rd time the SP has taken a hit for the same set of results even though there is more positive flesh on the bone. The market is a harsh mistress indeed.

Q4/26 isn’t too long now TF. Never know, maybe something will be hinted at on Wednesday.

@ Sakura - I kind of understand where you’re coming from. My only countenance would be that the CEO is (largely) responsible for building the team that builds the team that.. etc.

As such the buck stops at the top. They are the one that gets the plaudits when all goes well and the one carrying the can when it doesn’t.

I agree that no CEO should be worshiped but I do believe that a lot of the criticism levelled at DB on this board of late is largely based on hindsight and a lack of visibility on what is going on behind the scenes - that being insider knowledge.

I also feel that a lot of what appear to be to be ex-CNR holders (I have CVR’s too) are quick to criticise as they felt CNR was sold out cheap and are still angry/bitter/underwater? Fact is, something is only worth what someone else is willing to pay for it, look at our current SP!!

CNR to all intents is dead and buried, an investment that never realised its true potential. And, La India is now in the hands of a company with both the funds and ability to realise the in-ground value. What’s not to like?

That’s me done on the matter although I shall continue to watch this board for the occasional post of substance, we do still get them every now and again thank goodness. Where’s Auinspired or one of surreys long analysis post gone? They are usually thought provoking.

Maybe the key decisions were made by a junior eng! Wtf.

IMO it’s a p.ss poor ceo who allows the development of a listed company, it’s market value and one’s own reputation to hinge on the decisions of a junior engineer. Perhaps I misunderstand you Sakura?

The old adage ‘the best place to find gold is next to an existing mine’ holds true.

As La India has been mined for over 100 years, armed with cash, I could probably have arranged to have a few holes drilled and found some myself and I know f-all.

CNR still exists in name only because of the excellent job MC did building relationships in Nic. It failed toand was sold - period.

If I didn’t trust the MTL board to provide shareholder value then I wouldn’t be invested. Frankly I’m gobsmacked that this us and them mentality still haunts this BB - there is only us after all.

The ‘announcement’ was more pointed towards what happens to the plant in the Philippines post closure.

Cheers PJ, it should come good for all of us.

Good for you and yours surrey. I do think we’re all in good hands despite what our occasional mental wobbles tell us.

I’d confess to that Lee. Bought my son and daughter MTL shares sometime ago when I had a clearer picture of where things were headed. They were around 2p at the time and they’ve both put their own money in since then. All being well, another couple of years will yield a hefty house deposit for them both.

I’ve never declared my holding to anyone but have posted that I am massively overexposed which is somewhat of an understatement. At times my son has been a calming voice against my mild panic - like you Lee i’m all in and bucking the trend of spreading risk. That does tend to make me a little more emotionally invested than it should.

Patience and an iron will Lee. I expected some stagnation for a while not this continued backward movement, very frustrating. La India production getting closer by the day and yet the SP keeps sliding backwards.

Unfortunately the wider market seems to be favouring other producers - the questioning from LTHs on here is testament to that and I suspect we haven’t reached the bottom yet. Good news required to stem the rot please BOD.

No worries p5. I got the measure of ufo and napth some time ago. It’s just painful watching this board filled with ufo stooges and the constant drill, raise, rinse repeat. Napth is not a paid stooge imo but it’s clear who are.

With all these inter-connected companies spinning the same old news & 16% spreads - this is a great example of the aim cesspool. Bernie Madoff would be proud.

All my opinion of course. People are free to make their own judgments and lose their own money.

Napthman - Reminder of your 8th Jan 26 post. Just in case you’ve forgotten your continued wild and incorrect predictions? Guess you could be right one day but imo there’s more chance of Trump turning into a decent human.

Today 8th Jan 2026@15:26

Ditch ignore these bitter longterm holders. 

What you want to question is 

Why are they still here day in day out. Posting drivel. 

Also any one just jumping in will make lots of money. 

Thing is smiler had an average Of around .50 who h is easily reached with every going on

Any way not wasting my time arguing with this lot.

WE KNOW WHATS COMING 2-3 bags SHORT TERM 🚀🚀🚀

Results within the next 1-21 days 🚀🚀🚀 any time now

It’s frustration Lee. IMO the MCAP is ~50% less than it should be right now given everything in play. Guess others feel the same so it’s natural to look for reasons why that might be. I’m sticking with it - just wish things could move quicker 😝