Member Info for Northman1

Game of 2 halves on the RNS really, Nic progressing well and a health profit/FCF the gold we managed to generate in the last quarter despite the various issues. The delayed gold simply goes into this years production if we can hold to that ASIC then huge upside for the year compared to our previously hedged output. As other Condor veterans have had drilled into them over the years we can expect La India to be the start of a much larger gold district we were a constantly told how expected at least 5Moz district so many many year of work ahead there all being well.

Then there the other half with Dupax minimal drilling carried out but it seems they are already knocking it on the head for now whether this is due to protests or ore body. Where does this leave us though, lets be honest theres always protests no one wants someone to take their land off them even if it provides economic benefit and can be regenerated after operations complete. The concern is how big a problem is this will this also effect the viability of Abra or is this land not so valuable protested? Abra long term anyway but should we be looking for alternate jurisdictions Nic obviously is a new one but do we need another if the Phillipines is becoming difficult? It would be nice to get more information on what the possible alternatives are that they have in mind.

That's pretty conservative based on last couple of years. Guess it might calm down when Trump loses his mid Terms

Well we're in the very odd situation where being massively diluted has doubled the share price

Well mark me as completely confused why would a mystery investor pay such a premium for these share over current share price and additional warrant value? Presumably they will have to declare who they are but I'm confused why do this. with the warrants that more than the entire mcap as of close business last night

To be fair it has got nearly 20 Moz gold not exactly small granted the grade is low 80 billion in gold alone

So we've given up on 1000oz a month then for at least another year even though we were going to reach it Jan last year now expecting less than 400. These guys make no sense to me.

Assuming this is a done deal which it appears to be does anyone know the timeline of when this would completed?

When does the sell of the platinum business complete I know we have received 15 million but when do we get the remaining 75? I was hoping they had some copper assets ready to purchase with the money but maybe that's a bit optimistic

Do we know what the remaining life of mine is/reserves at Runruno? presumeably they would clear this our before reconfiguring be interested to know how those timelines would sync up.

Baffles me why this has dropped back even with a few days shutdown due to typhoons at this gold price MTL will be making a offensive amount of money now the hedges have dropped away

How long is that hedge in place for? Makes you weep against current gold price

Presumably it something to do with this that we are currently suspended?

Do we really think they will go ahead with the sale of the platinum business with increase in the basket price? platinum wise we haven't seen these levels in 10 years

If they are saying they averaged 468oz of dore in first 5 months of the year does this mean the rate has dropped again as they reported 500 odd in March? Bearing in mind they were stating in RNS they expected 1000 by Jan they really seem to be struggling even 6 months later than that

Pretty embarrassing. November RNS which they mentioned in this RNS specifically states target of 1000oz by Jan 2025. Now we're working towards that goal for some indeterminate number of months this year.

Thanks Fortissmo maybe exploration is the wrong word I was think of them proving up the numerous other sites they have already found deposits in. Solgold at least on its website still presents itself as a exploration company that just seems to be in the doldrums waiting for Casabel

Honest question at what stage will they sell Casabel and move onto other exploration targets?

From previous presentation/interviews I thought we were desperately hunting round for more and more feed stock to cover us for years to come so why are we suddenly contemplating selling load off?!? low grade is our bread and butter so bit confused why we are now giving it away. Also a bit worried that we have so little working capital about that we have to issue shares to cover only 2.7 million outlay

Have any other CNR holders received some strange few pence credit from their broker for something to do with CNR buy out ? If so any idea what this is? Still not received the cash portion of the buy out

Anyone know how long it will take for our CNR shares to be swapped out to MTL's? Not seeing a change with my broker HSBC yet?