Member Info for Lth-sometimes

Getting rid of the thread header hopefully. Misleading for newbies checking in.

From memory - didn’t DB say it should be 15p now?

It was easy for me as I was already an MTL convert.

Agree that we are all better off having not been swallowed up by Calibre though.

That resource that was going to stay in the ground for another 15 yrs without the right team and $150 million thrown at it 🙃

The perfect marriage was made I’d say and to the benefit of all.

Thought all this us and them stuff was behind us?

I held in both companies but had been in MTL for a lot longer. When the announcement was made I was very happy knowing how DB would steer the ship.

MTL has been due a rerate for 18 months.

I think that finally the wider market is cottoning on to the fact that MTL has a (golden handcuffed) BOD’s who have the capability and cash to realise their ambitions.

Green binned him a long time ago as he has nothing of value to offer. Suggest others do the same and then you don’t get dragged in. Troll behaviour through and through.

Phenomenally well thank you. So much so another raise/dilution will be required soon.

The ‘disconnect’ is based on historical fact and not the ramblings from paid posters.

It was me you called a dipstick and no I didn’t report your post myself - I was probably as surprised as you that it was removed. Seldom offended by counter opinions and/or stupidity me.

You did state 5 bag though and I hope you’re right. Humble pie awaits your prediction of 0.425.

Excellent posts Major4. Thank you.

Happy Birthday Condorforever.

Time to change your handle? MTL-forever has a nice ring to it 😊

*With apologies

Let time play this out.

If this goes 5x’s I shall come back and apologies Helx2.

The only way you will get 3 bags out of UFO is to take some Tesco carriers to the tenement and scoop it out yourself.

It was due to be shovel ready Jan 23 so should be good to go.

DYOR

The talk of de-rampers being on this board is laughable.

History shows that the BOD tell untruths in RNS’s and are incapable of delivering any form of SH value.

The business has neither the funds or capability to deliver anything of value for PI’s.

This is simply a vehicle for a few background individuals to feather their own nest and will eventually die by a thousand cuts. New holders beware, DYOR and see for yourselves.

Oh, and ignore the major poster on here spinning like Boardman and being recompensed for doing so.

Meanwhile……

MTL have an AGM and post interview due Monday.

Sakura7 - contact MTL directly in about 6 weeks would be my route. Unless any significant announcement(s) cause a large uplift before then.

A sale direct to a shareholder or director off book will likely maximum your return with little to no detrimental effect on the SP.

I’m with Surrey. No movement with today’s buys let alone 20mill at what seems to be 10p??.

MM’s are really taking the P155 hoping to shake the tree.

I’ve always been surprised by the MTL SP tbh.

The MM’s always seem loathed to take it up but are always happy to take it down based on a few sells. I guess we don’t have the visibility of what they are holding or being asked for.

My take on the lack of serious money piling into MTL, and this is just my personal opinion of course, is that they are too predictable. The timelines and growth have been laid out by the BOD’s and historically MTL have always worked to (or before) anything RNS’d. At least since DB has had the helm.

Investors can therefore be as sure as these things can be that nothing stratospheric is going to happen until La India starts producing - the Philippine opportunities are not going to suddenly start producing FCF tomorrow. Similarly, a one-off dividend is unlikely as DB has said as much.

Maybe a buyback would help nudge this along quicker but who is going to sell a serious chunk if it’s been held since the turnaround?

Smaller investors are probably happy to keep buying into the steady rise but the big money? Buy on the news is probably the mantra, they can see bigger short term returns elsewhere probably.

We’ve had a few chunky buys recently which is good to see but MTLs growth is only slightly better than most established producers.

For me every 1% growth is appreciated, I’m here for the long term and don’t want to risk chasing rainbows elsewhere.

This is as surefire a thing as I’m likely to find and has been for sometime now.

You are way too easy Broomtree.

Back in the green bin methinks.