Member Info for Radagast

In all fairness in a recent post to Pedro on the MTL board , punter said they'd spend their life deramping THX. We can now assume that whatever they say is designed to harm Thx

Lots of buying, la india project getting valued in as they build the new mine.

We'd be up there if people were buying strongly, we are still a bit under the radar or people don't like our risk profile which is understandable

Maybe, they've committed to quarterly divis for the next 2 years. So next paid in Aug if 3 months from previous, announce in July is possible. Hopefully we've entered the closed period so that they can get some news out about the drilling

MTL and Thor were at parity for a while on market cap but MTL have shot 20% above us now. Would be good to see us follow suit over the next month or 2 .

With the Director dealing that means either there is no meaningful insider news available or we've got a 30 calendar day wait. Not sure how long it takes to compile the drilling but apprently the directors do not know anything about it in the very short term.

20th June means 20th July earliest for the quarterly i guess.

I think we were slightly ahead in value, so it's canada catching up

Well if you look at the Tietto buy out (Located in Cote d'ivoire) , similar risk profile and Thor can get up to similar production levels (120koz) then that was about $475m USD. That's +33% from where we are now. Check out the Tietto website for how the buy out went. I think the Chinese got it for a very good price. Maybe we should be there already given the gold price, it's something to compare to though.

It'll all depend on how they ramp up production and the gold price remaining high.

Thanks for the info all, will investigate the form via broker first.

Looks like i got 25% wht , any ideas how to claim back the over charge?

With the potential of the interest rates dropping on the horizon and if you have these in your ISA it's a very interesting place to put spare cash into. The dividends would show up very positively on any research in my opinion, even if the share price rise means that Divi is 5%. It's still beating many dividend paying companies out there.

Https://www.proactiveinvestors.co.uk/companies/news/1068820/gold-miners-starting-play-catch-up-but-stocks-are-still-look-undervalued-1068820.html

Link to article makes some good points about the sextor as a whole

The recent gains in gold would cover a very healthy divi without straining the buisness. They'd come flooding in then

Nice, I'll check that out

Thank you chat gpt

Please qualify your reasons for being over priced.

I'd say it's more or less in line with other gold miners in riskier countries, be it politics or geography.

Pricing looks spot on to me knowing what know.

Share price is simply if people want to buy. The markets don't functional rationally, we all know this. If you want the share price up it's either fan the prospect of big future dividends or pay dividends now. The latter is out of question. The details of the condor acquisition is crucial, we've got to be be able to mine it as profitable as runruno. At the moment this is an unknown, but we have one of the best captains at the helm.

It seems bizarre, strings being pulled by new directors

Directors sell for many reasons. You have to get your money out at some time. You have no idea what they need it for so no point speculating that it's something bad. Maybe they want to buy a new house?

Good post, I think you are right. Now the company has a large amount of share held in the treasury, it would be a huge benefit to all to have a strategy to boost the share price via a PR campaign.

We need some solid numbers coming out off the new acquisition first though in my opinion.

Divi will bring volume, it actually then becomes a good investment case very quickly at this price. Assuming a reasonable dividend can be declared.