Member Info for Punter64

Good to see those pictures and also the key phrase 'work is ahead of schedule'. Long may that continue.

Gold at $4492. Looks like $4500 will be broken today.

It will be well before that IMO, I strongly suspect it will happen ahead of schedule, as long as grid power is linked to the plant without hitches.

The lab at La India is due to start processing what is probably a large backlog of drill results in February. So, after what seems a long wait we are not too far away from steady news flow. 2026 should be a big year for MTL shareholders.

Yes, I am sure DB said Abra is a pretty much at surface deposit and the whole hill is potentially a high grade copper deposit.

We could be on for $4500 before the end of 2025 as some predicted. Lovely!

Great news.

Hopefully DB will be preparing a Xmas present for us shareholders next week.

I also don't think DB would have bothered to put the photo in the presentation if he didn't believe it to be visible gold. Zero point of including it otherwise.

Yep, that is why I said 'appeared to be'.

What we can say Sakura is that visible gold appeared to be very much in evidence in the picture of the Dupax core shown in the recent presentation. Hopefully that suggests that the results will be positive, but we need confirmation. This long wait is quite frustrating, considering that they have their own lab at Runruno.

Let's hope so Simms. I already have plenty but will add more if Dupax is a goer.

Pj we are currently a 70k oz producer and will starting at 140k oz at la india. There will be some months of overlap before Runruno stops, bu which point we may have ramped up to 180k oz pa at La India, now that the plant design has been expanded.

Surely we will get a drilling result RNS from Dupax soon. MTL has its own lab at Runruno and that core shown in the presentation must be processed by now?!

$4317 - will we see $4500 before the end of the year?

First name James? Lol

Clearly the big seller is still at it. It is becoming annoying.

And what does the early decision to increase the plant size tell you about the Cacao drilling programme? To me it strongly suggests that drilling has been going very well. We will have to wait until February for results (that is when the on site lab will be up and running) but then results should be coming thick and fast. Remember the drill hole pictured in the presentation was 25m true width, which is extraordinary by La India standards.

There was plenty of new information. The plant size has already been expanded and financed from Runruno cash flow. A new vein has been discovered, 500000 tonnes of ore will be on the rom pad ready for commissioning of the mill and the electricity link up with the grid is now firmly on an agreed schedule.

Great update and delighted to see that the plant has been upgraded already and that the question mark about power arriving on site in time appears to be sorted.