Member Info for Simms45

I did try level 2 but personally i do not find it very useful as my observation was that MMs seem to put up dummy data to suit their own needs and try and fool the market. Personally actual volume, size of trades give a real understanding of what is really going on. Metals is building a great shareholder base and 90% of volume is buy with the big seller accounting for a large slice of the balance.

The importance for me is understanding the type of seller. Sure buys=sells but is the sellers a huge number of pis or single seller and do they want out at any cost. All i have seen is excellent long-term buying by PIs set against very chunky singular sells that we have seen drop the price significantly. The seller appears to care little about getting the best price. This helps me determine to buy the dips aware the reality is a large underpinning of pis and you cant help following director buying. I see a lot in the trading volumes also that all bode very well for Metals growth. Gla

While rooting for Mirriad they have a cash runway until August so around now management will be deciding how to continue the business after August. It could be placing/sale or strategic investor but the question is when we find out as the shareprice needs to be higher than today so any placing can raise enough money. Might find out in May/June as to what is the approach.

There are pi sellers and big sellers. If you look back on all those days we dropped quite substantially this seller was offloading £200-£300k in a few blocks. This crashes the price unrelated to general market. Hence the following period the share price quickly rebounds like today back to 8p. When seller is out we can move on as market has not decided yet to properly value the marriage value of Metals and Condor which is substantial and why Drachs and ex Condor directors are all buying in. Certainly 10-15p seems readily achievable but understand solid news will help make those jumps.

Metals is nothing short of massively undervalued. Most Condor investors complained Condor was bought for so little so they should be the first ones to understand part of the rise is the imminent mine to be built at La India. Imagine for a moment if Condor had raised finance and now started mine build. We could be $100m market cap. Well Metals have done that crystalising a value event and with 0 debt and now market is responding to that. Sure gold price has attracted investors and will continue to as it is so well run but anyone can see we are very undervalued just on a net profit basis. Rocket will come when mine build starts and Dupac gets green light. In meantime drift up to 10-15p is very doable.

How do you know Evans Family Trust has been buying more? Should push onwards to 8p if we have deep pocketed investors buying in the open market. Would help mop up the seller who must be regretting selling as low as 5p?

Heading back to 8p after someone unloaded £300k drammatically. Hopefully crack 8p by next end of next week. Crazy undervalued as likely to hit over £100m net profit next 12 months, no debts and £20m in the kitty and by 2028 we will be kicking off at least another $280m a year from La India based on 140k ounces with $2k an ounce after AISC. Of likely to be much higher!

Also researching ratification many countries including Ghana and the Congo all ratified AFC membership within 1 year. We are now at 1 year so it can be done and we are told government are onside to get this completed.

Also never seen a share to 4 decimal places for a 1,000th of a penny? even 3 decimal places is made at this level. please get to a penny asap!

Also if we sell Saudi we get management time focused 100% on TK as it must be absorbing a fair amount of time. Harry i am sure has information when ratificiation will be and i think any day now as he would not tell all contractors and presumably spend money for June start if he had no idea but equally cant tell the market as i guess it could pop up at the parliament anytime as its simply rubbing stamping exercise and a few photo ops.

Make that £300k as i did not notice the dump at the opening at 6.94. 09:13:29 6.938 1,305,100

That has got to hurt as we bounce up this afternoon. Who drops 1.3m shares in one go as they crashed the shareprice for no reason and lost 10%. Could have trickled the sales overtime and made no difference. They should have words with their broker!

Looks someone lost their nerve today and reason for drop as they sold £200k+ that caused price to fall but looks to be climbing back now that has passed. We really do have some nervous nellies.

Feels very oversold on todays news but i am sure once it all sinks in and higher gold prices in Q2 things should perk up.

Well $20m cash in the bank, no debt drilling starts in May in Nicaragua and mine landing in Nic in Q3 with first pour end of 2026. Personally hoping they can get mine working in Q3 2026. I think some downtime more than planned but this was mostly processing and not ore so we can sell now at higher price. Not much not to like in todays results so looking forward to next leg up.

I agree. I reinvested cash sometime ago but this has 10-15p written all over it. Might get there with a knockout Dupax permit and some solid numbers. Just like gold last 6 months, Metals needs a correction upwards to keep pace with the market and get closer to fair value. Crazy undervalued today!

With gold at $3500 and 80k ounzes predicted we are back to almost a PE of 1 lol. Other goldies today pushing on a lot faster than Metals so plenty to make up. Next news should hopefully bounce us forward towards Darrens target of $2bn market cap. Gla

Converting our $100m sweat equity into our 85% ownership of TK with billions of gold to extract and our £50m sale of Saudi stake pending. Kefi valued sub £40m? That is bonkers. AFC ratification anyday and with that financial closure within 2 months. If this is not a 10x opportunity i dont know what is. Just a matter of wating but gold at $3500 is not a bad place to lubricate the process!

Metals train is departing. 8p looks easily achievable as gold flies through $3500. I am really expecting 10-15p in short order now brakes are off gold and portfolios rebalance with a greater weight of goldies. Great start to the week.

8p could be surpassed tomorrow, simply on basic fundamentals although in my estimation we should be 10-15p as that is only 3 years projected profits. Once we get more clarity on Runruno could jump drammatically and i am sure there is more gold at Runruno by digging down as while costs higher gold price is at all time high so makes it economic. What do we think gold at depth is like?

Gold over $3400. Gold stocks will start rocketing, especially Metals that is so undervalued and mine extension at Phillipines is all but a matter of time to sort Dupax permit. I have a feeling also Darren will extract mote gold out of the ground year as he has always beaten target. Should see 8p come and go as i think a lot of focus will return to gold miners.