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A year on 30th June. I feel positive plus gut says will get it end of July the latest. But I expect it sooner. The wait has no doubt been difficult and testing at times. But keep looking towards production and what the price would be then :)!! Happy to wait another couple months before I get fidgety.
Pleased with the good rise over the past few days. Some pullback was expected and is healthy.
It will test 2.40 again and hopefully next time break this resistance and onto 3p+. In my opinion of course. NOT advise.
Hi was so busy didn’t check stocks till now!! Woah!! I brought last batch at 1.39 perfect price. Sitting on a nice tidy profit. But as always holding for long term. This company will go to places.
Excellent comparison to other gold miners/ explorers in terms of market cap and debt. This will at least 10 bag!! And pay divi in the future. May this rise continue up and beyond. I get very giddy and excited when it comes to mtl. It’s like finding shg or hummingbird at the bottom and going to 15-20p. (I fully and wholly understand the risks here and time frame so dw)
I haven’t held for long- Under a year. Been building a position here since 1.83p down to 1.39p. I do hope the long term holders and short term holders are rewarded handsomely sooner than later ;)..
I haven’t heard anything from HL re: dividend payment and nothing is showing in my account. Do I need to contact them? Anyone else had any info or money paid? Thanks
Rahee,
First of all apologies it’s not cross ramp but maybe an opportunity.
I am a holder on Shanta for past couple years. Took some off the table yesterday at 16.25 and the rest is for £1 party!! May it come sooner than later.
I am also a holder of MTL. I believe it could have similar potential as us in the next 3-4 years and the share price is at rock bottom for obvious reasons being debt. But this debt is restructured now. I will leave the rest for each to do their own DD. Just wanted to share this opportunity for anyone looking for something similar but long term. For some reason I’m very giddy about it.
Good luck.
Respect to all long term holders plus new ones. Your time to reap rewards is more than near. I’ve always made somewhat comparisons of this company to Shanta gold - not ramping. They had final results in today. Wanted to say people if u get a few mins just read that and you’ll know where MTL will be standing in 3-4 years time. Maybe with abit more debt than them at current levels but the tide will turn.
Good luck,
Well-done. Awsome average.
I have been building a position here slowly too but surely with view of top slicing in the next 3-5 years. Made a decent profit on arb and went into this. Need ORR to clear a little so can take some off the table for another top up here. I want to accumulate as much as at 1.77 or below.
Good luck,
Brought in today at 15.50 only to see it drop further within minutes but happy with it. I sold out at 17p awhile back and thought I’ll never be able to get in around these prices again. Will average down if it drops further. I’m going to try build a bigger position here slowly. Top sliced ARB and ORR and ATM to open a small position here. Good luck to us all.
Sorry been busy with ARB, been a holder here for awhile. Average 0.73. Brought at 0.39, 0.63, 0.83. Not sold a bean yet.
My predictions. On good news we will spike to 3.5p. Then retrace. And year end or any take over or buy out deal could lead to 15-18p.
Rahee,
Very informative posts and views. Thank you indeed. A very well balanced risk-reward approach. My aim was to re-generate some interest as with time new comers need some of the umph from the older fellow holders.
Good luck to us all. I brought some more at 1.64 only for it to drop to 1.60 lol all in all average is 1.77 now. Happy. Won’t be topping up anymore unless we go near 1.50.
Rahee,
Out of curiosity with long/old/ new holders.. whats most people’s average? And where do they see the share price by year end? One reason you invested here.
Apologies the first question a little nosey but I find it intriguing and always happy to share mine.
I’ll go first, my average is 1.80
By year end I see 6-8p if gold holds current price
I’m here because I can’t believe how cheap this is!! Debt restructured. Low risk of default. Mine up and running- will only increase capacity. I reckon this is the bottom and only way is up!!
Amazing some of you folks hold in the millions. I would love to buy more here but cash strapped atm. I put the remaining dry money in ATM. Both are equally awesome opportunities. I feel like ATM might pop sooner so might get a chance to top slice to put in here. My aim is get to 1million shares under 2p.
This is another SHG. We will be 10-15p in two years and once debt is fully cleared then 18-20p. Of course my estimations.
Tacet totally agree the steady rise here has been more than welcome by myself and others as opposed to a sharp spike to drop.
Let’s hope webinar pushes sp to 7p+
I believe most long term holders are all in the know with research that’s gone on for the past years. I would welcome any links or any research Notes other than what’s on the website or by the company. I’ve read through all that already. Or any starter points to any past research. Thank you.
Rahee
Hello everyone brought in yesterday at 1.82.
I’m a little confused forgive me for my ignorance. I have looked and looked and looked and still baffled at the share price. I know there’s debt but that debt isn’t uncertain now. There’s a plan in place to pay it off. I was a holder of SHG and its got a similar feeling this will start to fly. They had debt which they paid off altogether once they were at full capacity and unhinged now. They’re at 18-19p. This will be a similar play I think give it another couple Of years once some debt is paid off. I really hope the BoD make lump sum payments every quarter to get it down .
I have only opened a position with 250k and will buy more if it drops to 1.50. Strategy has always been to go in with half. If it drops buy some more. If it doesn’t drop then hold. Sell half when the sp doubles and keep the rest afloat.