Member Info for Simms45

So much news inbound and expected record quarter and we are still under 16p. Something has got give this week to re-rate as we are a sitting duck at the moment to a takeover. Bigger Gold miners are throwing off enough cash today in a single quarter to buy Metals wholesale. Ashanti around $1bn a quarter going up to Newmont and Barrick throwing off $1.6bn a quarter. Would barely register as Metal is less than 1 month from this biggies. The dealflow in 2026 will be big as they need more resource and Metals is 75% discounted to its NPV once La India is fully operational. Gla

Going vertical today. $4720. Kefi is the bargain of the century at these levels!

On fire $4717 and climbing. Perfect timing for Metal. Up up and away we go!

8p by end of 2026 would suit me fine and dandy and then a further 8p in 2027. Would be happy with a 15 outcome but would settle for 10x that seems baked in assuming things progress as planned, which so far they all appear to be. Can wait another few weeks and pay 2p or pay 1.3p today. Choice your risk point entry.

Well quarterly results presumably due this week so should be some sort of update? Dupax is known to be highly prospective and those photos looked incredible so lets wait and see. Would like to see back of 15.5 but maybe after results the market finally wakes up to what is coming in 9 months that will propel FCF many many times.

Metals is coining it in for sure and gives us an even bigger war chest to bring La India on at breakneck speed and resolve the niggles at Dupax with community liaison, projects and jobs. Roll on results this week as they should be good. Metals is just getting into its stride and we should start to see a proper re-rate shortly as it beggars belief how undervalued we are. if we do not make some progress we are going to be subject to a takeover from a foreign company half as good but worth double what we are. What can management do to get Metals valuation more aligned with market?

Definitely the moral of RR is let the good ones ride. Who would have held on from 70p back in Covid to £13? Most would have taken profits far too early and i am sure many are regretting not having the conviction or understanding of what RR was all about. With Kefi there is almost no guessing it is about as simple as it can get as we know costs and largely the revenues and the rest is profit. Parking aside we do not build the mine (mine project is as simple as it gets in terms of its design and build so that feels highly unlikely) or Ethiopia implodes (indications Ethiopia is just getting into its economic stride and generally there is no unrest when livelihoods are improving in a country). we are on for $400m+ FCF from this project at current gold prices up from $340m just a few weeks ago. Even more room for hefty and potentially early dividends and a proper re-rate once the pesky 1.3 placing is churned over. The placing at 1.3 is holding back Kefi artificially and its time market breaks that.

Some people will only be satisfied when we have only loaded 160k ounzes of gold at $4670 and deposited the 83% share at $620m in the bank. Some people will be never happy :) i a for one am looking for to 1.5p dividend “minimum” per year and at least a $2bn - 3bn market cap just for standard cashflow multiple not even factoring in that target is 200k ounzes and Saudi cant be just forgotten lol. Bring on the next phase of development as discount today is crazy. This is, subject to mine operating over 10x+ todays price. Gla

Tinhat or not it is easy money. Dont worry i will not mention it again, just enabling some people to trade this and increase your holding. Does anyone know when results might be next week as likely to be the best yet and could help us push on past 16p.

Volumes for last 30 days have been on average 2.5x previous 12 month average. Certainly a lot more interest and hopefully some of these investors know something we don't as the number of buys is quite considerable in number. Could be the turnaround we all want. Of course us UK investors are totally in the dark. Would very much like to see .5 this year, which would happen in a blink of an eye if we move back to breakeven and get momentum. The most important factor is that in all this time the company has fortunately not carried out any placing and most likely because apart from the board having a lot of skin in the game they also know these issues are somewhat cyclical and given we have had 4 years of slim pickings maybe there is a decent order book brewing. The good news is that price is holding well as there have been a lot more buyers allowing historic shareholders to exit at a presumably smaller loss.

Yes because this buyer only comes for a short period of time and everytime it they have the share price has risen strongly, now up from 14p to 15.4 since the buyer returned and before that 11p to 15p. On practically all down days the buyer had retreated. Just saying as useful information. We just need additional deep pocketed investors to help clear the 15p resistance when it looks that lots of small sells are released around these levels, presumably pis. We have tried a few times to break that resistance but i sense having now held 15p we are close . Just need to monitor the number of small pi trades selling around this level and hope they dwindle. gla

Mr 250k, aka The Hoover, was chipping away merrily today at all the little pi trades going the other way. Long may it last and hope pis learn to follow suit in time or new investors join the Metals bandwagon

15.5 is closing in on being taken out. Strong buying today but even greater PI selling. Cant last for much longer. Stellar results might help move the dial and some decent drilling results from Dupax might assist, although given sensitivity i do wonder if Metals are holding this back until they get full free passage to their drilling site. I am thinking the latter but Darren has proven Metals are exemplary environmentally as best he can so we come from good pedigree to quickly resolve. That and Metalss bearing gifts of jobs and community projects!

Ibkr is good and pretty sure Hargreaves Lansdown also ok. Hopefully Cnel can maintain trajectory and achieve breakeven this year. Order book was ok so could continue the reboot.

I recommend you read up on that assertion as its been a disaster for UK equities and why companies have been exiting if they can. You might note the date the slide starts from schroders for example https://www.schroders.com/en-gb/uk/intermediary/insights/six-charts-that-show-just-how-cheap-uk-equities-are/

You must be aware that that volumes, companies and every metric for AIM has been falling since Brexit and the start of the exodus of capital abroad. While it was most pronounced by institutions pis have also moved their capital abroad. All i am saying is that there the UK AIM market sadly does not have a good wind to create volumes that would enable Metals to close the discount against comparables in Canada. Hoping we get a date at some point when we plan to move to the main market as that would help a lot with raising profile and institutions.

Are your for real? Have you seen the prices paid? They are over ask and the UK pis are a dwindling crowd. Think most trade US stocks.

It was called the Hoover Sakura :) but its the best wind in our sails that we need to push Metals onwards and presumably take stock out of the market for sometime. Previously these trades went on for over a week and then stopped. This in turn led to a drip drip of pis selling their small batches of shares and taking the price southward again. Previously 15.5 was a buffer while pis got off but i think we are close to breaking that resistance. Buyer is mopping up around 15.5. I think they can bag quite a few million that that level given i can sell a pretty big amount at a fixed price today. As long as that is the case we will continue advancing and of course new investors must be looking at Metals with incredularity given the big discount to comparable gold miners.

Nice and well done. Annoyingly i have quite few million in my trading account as repatriation with only a £20k ISA allowance is not really making a dent but cant complain and since i dont plan to sell and live off the dividends i reckon will be 2029 taxman will need to wait a good while longer.

Mr 250k is still at it today. Mopping up pis exiting. Long may this last coupled with rising gold and La India being ready for power on in October. Darren has said in latest update they were ahead of schedule and i am sure focusing on bring power online sooner. Maybe can run on generators for a time? The fact we already have ore ready to process is genius so maybe running offgrid is still highly profitable for a period of time. Means we can gallop from day one. maybe no ramp up needed. Also remember there are some very very high grade pits that Condor was going to go after first and would assume Darren will be following same approach. Obviously gold will be a little erratic but Trump is starting to probably feel a little untouchable and that makes the world a little more dangerous and gold will probably keep on rising.