Member Info for Lth-sometimes

Wow, that’s some Christmas party they’re planning this year.

PN

2331g.

Fat fingers and excitement got the better of me and x’s that by 3.8k. Good job it’s DB and not me running things.

And as MrSmith said - around £9m of gold stockpiled from building the road! Ooh look what we found, that’ll cover the processing upgrade.

Ahead of schedule, capex to be covered and upgrade to 1.8 already in place. What’s not to like?

TSX has tax and exchange rate implications. As MTL are a uk registered company I’d suggest they would favour the FTSE.

Mind you, I also think we should be over 15 right now so what do I know.

My wife has almost daily dealings with Jeff Bezos and he’s no fool.

The amount of stuff she buys on Amazon I’m thinking of going into the cardboard recycling business.

Well if it 10 bags from here I will almost break even. Wrote this off at last suspension.

And yet Rushstyx on 7th Nov you were posting suggesting updates would be welcomed. Pretty much the same sentiment overall just worded differently. This is one of the more pleasant boards on LSE with a few known exceptions, would be nice to keep it that way.

I think everyone would welcome some positive news, personally I find it tough watching a years salary get written off most days. Appreciate that nothing is real until you sell but even so.

Indeed Sakura7

Curiosity got the better of me and I had to open my green box to see what was said and by whom.

Oh dear, back in he/she goes, there will be nothing of value to be gleaned from reading more of that nonsense.

Seems that a lot of producers and the gold price itself are up today. And yet MTL takes its biggest nose dive in a while.

I fear that something not so great is due to be announced and I’m not exactly sure where to put my stop loss anymore. Struggling to understand it with the fundamentals in play unless something has changed?? Confused and a little concerned tbh.

What looked like a bit of a tree shake has actually turned into a complete deforestation.

Come on DB please give us some positive news and stop this rot it’s getting stupid now.

Love to have the mindset that could help you with that one Surrey. Yet another dreadful and unjustified week.

Keyboard warrior earns the green bin. Congratulations.

Yes, penultimate paragraph said as much.

It certainly is disappointing watching the growth get eroded day after day.

Everything that we know suggests that MTL is tragically undervalued and yet there is constant selling. As I’ve whinged before, being listed on AIM allows the MM’s much more opportunity to manipulate the SP for their own benefit. Unfortunately though we don’t meet the criteria for a FTSe listing at the moment anyway.

Personally I don’t believe that this is just one holder offloading or that it’s Melon. Why would he sell having had an inside seat at the table and know exactly what’s coming? Hold and profit surely?

My feeling is that it is likely ex-condor holders who feel there are better short term opportunities with other producers. Equally it could be long term MTL holders who feel the same and given the performance of the SP over the past 2 months neither are wrong.

The timelines for MTL are clearly laid out and management performance to date would suggest that they are likely to be met but the 2 recent delays to output (compounded with the Dupax delay) have really hurt us.

I appreciate that PI’s have different reasons for selling and can’t always afford to hold but why would you sell such volumes into a declining SP? It makes no sense to me.

We need some positive Dupax news asap.

Thank goodness.

Let’s see what happens to our SP this week. ….

Hang on Pinguser - you mean max and bot_positive aren’t being honest?

You’ll be saying the constant change of focus and JV deals with associated parties are all f a g oozy smoke and mirrors next.

Thank goodness investors aren’t leaving their money here because they hope that it will come good eventually.

Completely agree. Current SP doesn’t even reflect the playing field as it stands. Should be +15p now imo.

Given the track record of management, the FCF (even with the negatives of late) and therefore the probability that La India will produce it is criminally undervalued.

My (short term) concern is that while Dupax isn’t priced in, if we get a RNS that’s slightly underwhelming then the SP will get hammered even more than it has been.

Something is going on behind the scenes - I suspect book building and/or large order to fill that is yet to be reported. This is just my suspicion though, I have no evidence - I just find it difficult to rationalise the disconnect with the current SP v’s the upcoming ‘known’ potential.

As you say, the market is supposed to account for the future - buy on the rumour and all that, but in our case wtf - a few delays in the conversion of ore to cash and we shed 30% of value. It’s not like it’s lost revenue either, merely delayed. If we were strapped for cash then it’s more understandable but we are self financing a new mine in a new jurisdiction, whilst still exploring new opportunities. At some point the tide has to turn in our favour surely?

As LMA has shown - ‘off the main ore body’.

I see this as a massive positive - implication being that it’s bigger and wider than expected, knowing how DB operates he issues facts not speculation.

Hopefully it’s not wishful thinking on my part 🤨