Member Info for Lth-sometimes

Best not to give airtime to someone who wishes to benefit from talking the SP down. Especially when it’s just extremist propaganda to cause fear. Nearly all countries in the world have foreign investment - complaining about it isn’t likely to change the fact. Probable green bin candidate for me.

If only you were here last week BB88 🙃

Same storey we’ve been seeing for 6 months now. Large sells whenever we get a tailwind.

I have a foot in both camps LMA. I’m confident in the end game and therefore what the SP could/should be. However, more PR on progress would attract a wider audience and provide a buffer against the current erosion. I appreciate that most ‘progress’ doesn’t warrant an RNS but regular updates to the Companies own website would take little out of someone’s working week. It would help to show the multitude of small investors how undervalued we are though.

At the moment we are supposed to be reflecting the Lassonde curve (IMO) and we sure aren’t. The silence really isn’t helping and neither are the large sells we keep being plagued with.

And that’s my war talk, sorry ‘special operation’ talk done. Back to MTL.

US using patriots @ $3 mil a shot to take out a few Iranian drones @ 20k ea. Red Sea rumoured to be ‘difficult’ soon due to the Houthis. Not sure Mr T has thought this out and the US looking weak. Trump has alienated European allies with Middle East countries looking to protect their assets and income by seeking ‘arrangements’ with Iran. All rather worrying as the only way out is boots on ground or a cessation of hostilities. Iran united behind the new leader who is even more hardline than the one who was murdered in an illegal war.

9th Dec 25 was the last meaningful RNS and a presentation since which was likely missed by most non-holders.

With a good choice of better performing producers it’s no wonder we are drifting backwards. I don’t expect to spoon fed every time a metre of concrete is poured but some PR would be appropriate imo.

If Carslberg built mines etc etc but the promotion of where MTL is heading really needs some attention.

There have also been some (pretty heated) anti American demonstrations in the Philippines against the US action. Some areas there are enough of a powder keg as we know.

I’m far from a conspiracy theorist but mainstream media only reports a fraction of the madness and corruption of the Trump administration and its move towards full blown authoritarianism. Worrying times for the rest of the world and which will likely keep stoking the rising gold price.

@ Joe - still circa 14% up YTD. The orange psychopath continues to screw a lot of people. Funnily enough though there has been an estimated $1.5 billion in gains made as a result of ‘the war’. A lot of which was from transactions made a few days prior to the air assault. How con-incidental ….

YTD up circa 160%

Just FYI

Well DB did turn a loss making borderline bankrupt operation into an efficient cash machine. That in turn allowed the purchase of a failed operation in Nic which needed 150mil and the management capability to unleash the resource. Not much luck involved in all that imo.

@surrey - always seems that way and has done for some time. Not helping is that we still seem to have some big off loading going through. On the odd day that we don’t we have an uptick.

As LMA says - the new mine is as certain as these things can be.

I’d add that I think market sentiment is muted as we have a single mine with a defined end and no extension possible. Couple this with a large seller/sellers and a couple of (out of hands) set backs - see Runruno RNS’s, we have been pegged back during the rising POG. As others will likely say, the comms could also be improved and I hope this will happen as we move closer to La India being operational.

Undervalued for sure IMO.

Bitsub - perhaps, only this year it’s likely to be true. Should be higher imo.

As I understand it, the dore price is agreed from sampling of batches and the average gold contained. Everything else is considered a contaminate.

Not sure if this is how all refiners operate and if individual arrangements can be made though. Guess we will have to wait and see.

I imagine this is something MTL would be aware of but I guess we would never know unless that arrangement is given in an RNS post sale. This is all speculation on my part.

Filtered some time ago along with M4L.

I respect views that make me question my own thinking/research but found them lacking both fact and reasoned argument. I like a peaceful life.

My 2 pence:

Firstly let’s assume we hit 55k from Runruno and stay on schedule with La India. IMO we should follow the Lassonde curve but on a less aggressive upward trajectory. I wouldn’t be surprised if we are only around 20p once the plant is RNS’d as operational.

Too many other producers attracting the rainbow chasers at the moment as they had benefited from the rising POG and enjoyed better growth than we have. I think the view is that nothing is happening here for the next 10 months, MTL is one to re-visit mid to late Q3 and that there is too much risk given that if La India is delayed we will be strapped for cash H1/27.

Those of us who have taken the time to look deeper see La India as a near certainty, know that we are liquid enough and very very very unlikely to dilute beyond warrants and are aware of the value of the La India assets currently proved.

Next month if we are pleasantly surprised with an RNS of what is going to happen to the Runruno plant we could finally move towards a valuation that better reflects the business. Someone else had posted that once we are 75% complete on the La India build we will get attention - hope that’s right and we blow past 20p

Personally I think we should be bouncing around 17-18p now moving steadily to 25-30p in Dec 26. Maybe it’s just the heavy seller(s) that continue to keep us pegged back?

Regardless of the irrational market, I am confident that Q1/27 results will give us another boost once people finally cotton on to what a cash cow has been built in sunny Nic.

J1013 - Should not and unlikely to. Otherwise I’m with you.

Polite as always surrey. Did you send the same to DB after he mentioned it in the interview?

Agree though that it should be a non-issue.

DB said (I paraphrase), the Dupax resource is deeper than expected and more drilling is required. He also suggested that the local opposition is to a large part politically motivated and that MTL don’t want their credentials as a responsible miner tarnished.

He knows how slowly the bureaucracy moves and therefore Dupax is not a sensible option for the Runruno plant given the desire for multiple producing assets. Too many unknowns and can’t controls.

A fast pivot to other tenements in the Philippines or out of country to have that 2nd producing asset is/was the best option. I think he was quite definitive in saying that the Runruno plant will be re-mobilised.

As always, I shall wait patiently for the next major announcement (Mar/Apr26?) confident that La India construction will continue on/ahead schedule.

Personally I also think that the ‘hint’ of La India production being Q1/27 is simply that the connection to the grid is government controlled. In any case it wouldn’t be until Q1/27 results are released that we would officially know La India grade vs ore figures anyway.

Despite there being rainbows elsewhere I shall be holding until mid 27 at the earliest assuming nothing dramatic happens. Been here long enough that another ~year will pass soon enough. The day to day movements are pretty frustrating though knowing that we should be enjoying a steady climb.