Member Info for pedro61

The reality is that there are few buyers at this price when a lower price is around the corner,and Investors can see the history and broken promises,together with a hugely discounted placing that was an affront to Investors that had believed the company.....Many realise the risks going forwards and would rather invest where clarity and value and management with respect and honesty prevail.....be very careful of the pumping on this share,as it has historically led to big losses....I prefer to look elsewhere as other opportunities are evident in so many places at the moment....It would be a shame to get stuck in a depreciating share where the management have a history of blatantly shafting shareholders....

This will need buyers to rise,but, no buyers will buy whilst the price is in freefall and getting cheaper all the time....slow...very slow dripping away depreciation until we find out if we will get the next big discounted placing....sorry to say....

Lee....I would appreciate your thoughts on our valuation going forwards....If we say $400 million FCF at present gold price what value would you put on the share price,taking into consideration all other aspects regarding the business?

I have been in and out of this share with big profits...timing is everything......I bought right....and sold right....but, things are very unclear at the moment....Big selling recently,but why?...Do I trust the company after such a huge discounted placing?.......Do I believe the company anymore?.....The jury is out....Will the share price continue dropping?....Too many questions to invest....Invest when you see clarity,is my advice....No clarity at the moment....and a share price in freefall....

Pedro....does not know....This could go anywhere...It could multibag...or it could be a hype job....All Pedro is saying is that the big discounted placing and much bluster,together with the selling does not instill confidence....but ,all will be revealed ,as it cannot remain hidden for long....I am not saying 7p ,or any other figure,as there is a big question mark over everything....

I am in.... far too cheap....Busy world cup summer to look forward to....

Latest update is great news,which does leave this sitting at a very,very cheap price....Great opportunity at the moment.....

What price in September?.......October?....November.?....December????????......A lot more than this do you think?........How much cash generation next year?.....Last chance to get in so low ,I would think.....

I made good ,very good money on AAZ,at the bottom ,when the problems occurred....I wish I did what you did ,and stayed the course. Good management there,and good management here....Which is massively important....

I am adding at this s.p. too cheap and good news could see a massive rerate,in my opinion...

Good luck....You deserve it. I hope that this company starts delivering profits,and is not all hype and promises and no delivery....The jury is out on that....The relentless drops suggest things may not be so rosy....

I was willing to give them a chance,but, the silence is deafening here.....On top of the ridiculously discounted placing,this does make investors wary for the future....This company is showing all the hallmarks of a lifestyle company to avoid,at this moment.....

It is not looking good here....What price will this go down to?....Will this get to 5p before the next placing?....and if it does what price will the placing be at?....Could it be 4p?

Russia is fully understood. A country and people being held hostage by a Government that has expansionist ideas,and a wish to further subjugate Ukraine,and how many others? The Russians have no free press,and to speak out means real danger...

I have also.,as it is still possible to buy oil and coal stocks at just a slight premium over pre war levels,despite bigger prices and profits yet to hit the bottom line. I think oil prices will revert back down,but, much slower than being priced in...As the losses of inventory and possible destruction of some installations are not being priced in,and this will take much longer than some think. Of course it is an opinion that could be wrong,but, I will be invested in this belief for the moment with a finger on the sell button for when I think otherwise...

My pearly whites are kept very clean thank you. I think we know where the smell is coming from....the lower regions of some ex CNR investors.....I sold at the highs last July and bought back much cheaper....after making good profits elsewhere...As you know.....This is not a religion ,and you can seek out the value elsewhere and then come back.....At the time I sold the s.p. was much higher...Gold price was much lower...and we have since generated much cash and succesfully deployed it,and we are now looking at a few short months to the opening of the mine........A big....big....difference.....Sorry to dissapoint you ,but things are working out really well...

DB must be extra,extra, "immensely lucky"!.....As he has made a habit of being "immensely lucky"!......Time and time again......"immensely lucky"!......nothing to do with skill and knowledge or execution.....just"immenselely lucky"!

The ex CNR investors have followed MTL around like a bad smell for 12 months....Instead of looking at what the situation of a company generating cash at high gold prices and getting further and further nearer the point of opening the new mine,they prefer to crib and whinge ,expecting perfection of execution in an imperfect world......Instead of looking for negatives they would be better looking for the many reasons for optimism.....Yes,they feel that DB was opportunistic in his purchase of CNR,but for MT investors,we are very pleased and looking forward not backwards...Glass half empty investors need to see the realities and stop using a microscope to see negatives,when the negatives are massively outweighed by the positives.....

The ex CNR investors have followed MTL around like a bad smell for 12 months....Instead of looking at what the situation of a company generating cash at high gold prices and getting further and further nearer the point of opening the new mine,they prefer to crib and whinge ,expecting perfection of execution in an imperfect world......Instead of looking for negatives they would be better looking for the many reasons for optimism.....Yes,they feel that DB was opportunistic in his purchase of CNR,but for MT investors,we are very pleased and looking forward not backwards...Glass half empty investors need to see the realities and stop using a microscope to see negatives,when the negatives are massively outweighed by the positives.....

Lee has always been grounded and never shirked from the realities as I can see. His posts are factual,and if he is bullish that is the way he feels,and why should he not feel that way. Somebody who has so much invested because of conviction. Conviction that he backs up with reasoning,in my opinion.