Member Info for Pharmajohn

My take is that subject to documentation completion the Candy's will be reduced as from Nov 22?

"the interest rate on its portion of the Mezzanine Debt will reduce to 7% per annum from 15% per annum as from 3 November 2022 (being the date that the Company could have fully repaid the Senior Facility, but for the requirements of the elevation)"

This MGB gives a good view showing the tenement areas and sizing

http://databaseportal.mgb.gov.ph/mgb-public/api/attachments/download?key=3poYV8AyNLM0aSp3qP4GqfZC1jCQLQcxmA5ypPQ0J0j48rbYjcITDUNCuZrElTh6

i thought it was mostly you Roy (:P

What a turnaround from where we were 3+ years ago to "Record quarterly gold revenue of US$41.1 million" cracking job by Bowden and the team onwards and upwards.

A happy new year to all holders should be a good one for MTL

Took another 200K week or so ago, looks like an exodus of coins back into metals

The money goes to clan Fowler in remuneration for doing such an amazing job over the past year and to keep them in the lifestyle they have become accustomed too - honestly WSG is more like a ponzi scheme than a market listing.

"Key management within the business are considered to be the Board of Directors. The total Directors' remuneration during the year was £656,000 (2020: £614,000) and the highest paid director received remuneration totalling £196,000 (2020: £196,000).

"Certain members of the Fowler family, other than directors, have been employed by the Group on normal arms-length terms for between 12 and 24 years. Their remuneration, in aggregate, for the year ended 31 December 2021 was £183,448 (2020: £182,830)"

Can't see much changing Marcos is pro-mining and the outgoing president's daughter is his vice president.

Very bullish presentation everything proceeding according to DB plans 20 potential projects narrowed to 4 to provide shorter term opportunities already raised with board immediate strategy is to prove extension mine life and exploration drilling 500k budgeted for drill holes at shallow depths some already undertaken awaiting initial results presentation should be on website at some point

Looking forward to the presentation and QA tomorrow, last years was pretty good also nice to see gold on a rip again

Results should be through next week

Wishing all holders a prosperous new year

Oh come on its 16m for a reason £10mill revenue in 2020 - wage bill of 4.6million £320k to Fowler and his son it’s basically a cash cow for them don’t get me wrong you can do well if you time it just prior to the jam tomorrow rns’s and placings but it’s never worthy of med/long investment you only need to look back over the last few years announcements to get a measure of their accomplishments it’s always if it wasn’t for or unfortunately due to ………regurgitated time after time

yrabsmurruc I can remember it well was invested in wsg back then 21 yr potential ferry contract 300million it was a ****** disaster from start to finish they bought a ferry too large which kept getting damaged on the river bed and didn’t even hit the water until a year after it arrived then they raised funds with cln’s and there was a placing almost every quarter and then wrote it off and gave it away you couldn’t make it up it was like something out of a carry on film anywhere else the ceo would have been shot

You could say the same about the three ned’s appointed back in April It would go a lot further if the lom is extended

It would be beneficial if they could release some schedule for further exploration drilling or even a timetable to start some test drilling of the 85% space yet to be explored

Maybe time to have wash then

Q2 results should be out sometime this week

Gold up almost 1% this morning

Doubt it, normally lands around second week in of the following month