Member Info for Lth-sometimes

Excellent posts surrey, I understand exactly where you’re coming from. You’ve even cracked one lens of my rose tinted DB glasses 🤓

@ surrey

Yea fair enough, I understand what you are driving at.

Thing is though, La India is wholly owned by MTL (& subsidiaries) and they are headed by our CEO DB. If the market had no faith at all in DB & the team then growth would have been muted & short lived. As it is, we have been beset by situations outside of the control of MTL, along with uncertainty created by Trumps actions. A large seller/s has also pulled back most rises - Auinspired made the observation (omission ?) that some of this was likely Mellon. Other factors linked to gold and the precious metals market also at play of course. This has all dampened the enthusiasm rather than a question mark over the BOD and their capabilities imo.

I do think BritishP makes some valid comments as to what the wider markets perception may be though. But, I personally ere on the expectation of La India producing rather than a hope that it will.

Trust me, I’m probably as effed off as you at the SP but my paper losses on the red days are less dramatic than yours and I guess therefore less incendiary and finger pointy :-))

I’d hope that we will all be a lot happier in a few quarters time. That or we will all be having a self financed steak dinner and drowning our sorrows.

Seriously. If you think that DB has been painfully lucky and not done anything ‘spectacular’ it could be time to consider another investment. Your emotional attachment to wanting to see La India unlocked just because you’ve been invested for soooo long whilst having little faith in the company executing the build doesn’t sound like a solid plan.

Perhaps if you looked hard enough you might find another gift wrapped tenement(s) that just needs +130million of funding, with no or inconsequential dilution, and no skills at all to yield value.

Oh, and like you say, it is ’our mine’ - we are all in this together now. I owned Condor & MTL shares so didn’t bring an us and them mentality to the board. It’s a speculative investment and I am here to make money, period.

The end date of Runruno has been known for about 3 years. Hardly a surprise.

No need to apologise for your lack of understanding business strategy broom. Back in the bin, so feel free to show your stupidity to those who want to read your bile. Tw@

Certainly agree with that EL. 2nd jurisdiction should remove an awful lot of headwind. I have everything crossed that my faith in the BOD is justified.

With you Lee. Getting a little fed up of these armchair CEOs who make comments with the power of hindsight tbh. Oooh, but there are risks apparently, ffs, no s**t Sherlock.

I’ve been here sometime myself and experienced the same jitters every now and again but held firm. Personally, I feel that MTLs development road map hasn’t really changed. Sure there have been unforeseen setbacks backs but I trust that the BOD are working to take the company forward as has always been the case. That ‘historical baggage’ is actually a positive imo as fresh eyes may take a more cynical approach as seems to be the case with a lot of the posts of late. Am I happy with the current SP? No, of course not. Am I happy to sit and wait for what I see as the inevitable 1st pour in Nic? You betcha and armchair CEOs be dammed.

Maybe the SP would be re-rating if we were building another mine, were able to fund it without dilution and were slightly ahead of schedule. Oh wait, we’re what?? … Lassonde needs to have a word.

Very frustrating for sure, should be pushing over 20p at the moment imo not bouncing around with the POG.

CR123 - When La India pours the cvrs will pay a short time after. On schedule atm for first pour Dec 26.

As V1966 - cvrs in HL but maybe just because they undertook the trade.

@accipiter

I’m not disputing what Iran is or isn’t. Isreal (and the US) isn’t exactly saintly either. Iran executed an undetermined number of protesters who took to the streets emboldened by Trumps rhetoric that ‘we will be with you’ etc etc.

Trump is a convicted felon and lies every time he speaks so It’s important imo to seek the facts from various sources both left and right.

Anyway, this is a board to discuss MTL and while the war has an effect on our SP I don’t want to get drawn into a full blown discussion. Best to discuss the implications of the war rather than the politics or the Middle East’s history. Feel free to respond but I shall say no more.

@acciiter

Supposedly Trump has agreed to the 10 point non-negotiables set out by Iran. This being case - and I suggest you look them up, Iran has definitely won. Not leftist propaganda, fact.

Not really a question that if the war goes on longer things will get bad. Things will be getting a lot worse as the true effect hasn’t trickled through yet. The next round of US knee jerk reactions, mis-direction and lies will either make for worldwide recession or worldwide depression imo.

Strait

Perhaps the talk (and protests) re. fuel shortages in the Philippines is having a negative effect? No sign of the straight opening up anytime soon.

@surrey

Worth clarifying for those new to the board or prospecting that the time you’ve been invested (and waiting) is whilst in condor. The development to date since the acquisition of condor by MTL has been pretty meteoric.

Re 11:51 post

As an RNS

Probably best Rushstyx - green boxed.

Comedy gold 😂😂😂😂

Unfortunately our move mirrors the market as a whole. Still no sign of a rerate for La India imo.

Perhaps a progress report or something else substantial (as an RNS) could mitigate a further decline if gold falls back again. A La India quarterly update (last on 9th Dec) is already overdue.