Member Info for Simms45

Every push forwards helps clean out the deadwood so all positive and to be expected as many Condor holders got trapped in a company going nowhere until Metals came along. I guess some investors cant spot a good company when they see one. At least one of our ex condor board has a better eye on what is going on from his recent purchase. Hoover up at these ridiculous low levels as 10p could be the new bottom once mine lands in Nic and record gold results from Phillipines. Gla

I thought it was mentioned somewhere it can be used in the proposed mine build? i am sure Darren will put to good use or sell or on to pay for mine we just bought for $10m and give us a free mine. The mind boggles just how impressive Darren has been. Great to turn a $60m initial capex requirement into almost 0 if we managed to sell on the SAG. We are due results later this month so it could be a stellar month as gold at unprecedented high and there is news potentially on drilling updates and possibly much more.

Well its clear to most a placing or something needs to happen as cash runs out August. Of course placing or whatever will need to happen at least 3 months prior but hope is they have big revenue rise but since payment is often 90 days delayed its still very uncertain, hence the low market cap. Huge potential possibly but very spiky as some offload. Gla

Good on you broom. Hodl as Metals will be 10p before you know it. Darren suggested $2bn market cap in 2027 and its not so unlikely with La India coming on stream and mine life extension in Phillipines and targeting 200k ounzes of gold at $3150. Thats $2150 clear cash to distribute via dividend and plenty of borrowing possibilities.

Results out and while not great company talks a lot more positively about the future for first time. Revenues doubled but contracts 185% up on year so revenues will rise in 2025 and they mention plenty of possibilities. Hopefully enough to breakeven for 2025. Some positives but not exactly where we would ideally like to be. Romania signee in 2024 not started yet. Looks like bottom draw for a little while longer. How they managed to spend more on marketing and PR is anyones guess given no news on website.

If we get locally listed in Ethiopia and get behind Kefi i hope Kefi can get to fair value but the quickest route to fair value on AIM is to fix an dividend and then yield investors move in. Plenty of scope for multiples from todays price once we get the equity investors cash in the bank. Gla

Also the background seller looks to have moved on. We have a lot of ground to catch-up compared to other producers as we are in bargain basement territory. Gla

Jim, no news is good news!

Lets see what monday brings. Some positive news should drop next week so picking up some stocks going into weekend could be smart move!

We are very long overdue a correction on Metals. We are throwing off nearly as much cash in a year as our market cap and La India will be built double quick time. Can anyone else shed light on those specific unknown £10-20k at a time offloads. So consistent day after day buy no TR1 to confirm the seller. I personally suspect first majestic but i wish they would finish and move on.

Is it me or does it seem odd the board months ago did not release an RNS stating programmatic was live? Why not?

Sadly i think i spoke too soon as it looks that we have lost around £4m-£6m for the year. However the board appear a little more upbeat as it sounds the loss was technical and they appear to say the company prospects have improved. Never heard then say that before so i take that as a big positive. Maybe some positive light ahead especially if the Romania deal comes off as i do not know if any cash has been forthcoming yet. we will find the details and ideally some forward looking statement on the 31st.

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"The decrease in net loss for the Year was mainly due to the increase in revenue and decrease in

impairment losses under expected credit loss model of the Group. During the Year, the operation

of the Group continued to benefit from the economic recovery in Mainland China, and the

Group reversed the downward trend in its business, resulting in a significant reduction in net

loss."

I am wondering if someone like First Majestic is selling its entire holding as my understanding a TR1 is only due when all shares are sold as First Majestic may have used an MM to sell all shares overtime? Whoever is selling from my accounts has offloading an awfully large number of shares over last 1-2 months that i have been monitoring. Its completely killing any upward movement until they are out but offers some bargain basement entry as without the seller i am sure we would be well up on 6p.

Delayed to the 31st March but at least no profit warning. This might sound the reverse in our fortunes but weirdly latest news on website is the Romanian deal signed last summer? How does a listed company carry on with no news whatsoever? Its good they are finally looking abroad as you would think they would do well but company is so backward in its PR and marketing they are making hard work of it. Anyway fingers crossed its a bit more upbeat as last 3 years has been horrendous.

Personally i think the planned release of news from ratification through to definitive docs, signing and cash in bank will all move the shareprice 25% or more. Taken all together over a period of next 3 monthd could be 2-3x. i just think there is a lot of headwind that will need to be ploughed through. If we sell GMCO for $50-$90m we double or more but lets see. I only see upward momentum assuming we start ticking those big boxes.

Ill be happy with 6p share price to start with snd .54 dividend. This is 10x todays shareprice and a dividend matching todays valuation.

If you have £10k invested today this could be £100k in less than 3 years and £10k a year rising for life. Personally dividend seems a little light.

If we get up to $90m for our Saudi asset then bonanza time for battle weary shareholders.

This is paid report but gives you an idea of what Harry is thinking. If we get even $50m for Saudi (50% discount) this is still more than current market cap and might result in special dividend? I am staying until at least 2028 as i think it will take time to realise full value. Gla

Still have our roughly £100k a day seller in our midsts. Could well be holder who stayed under 3% as part of Metals move so no TR1. the sells stand out in the daily trades. One day we will move on but even if they had £4m worth would take up to 40-80 days to clear at this pace. Although it has paused on some days while share price recovers then seems to begin again. shame a bigger shareholder did not reach out and buy the lot or even havr given condor holders option to cash sell on masse back to treasury of Metals so Metals can close the value gap that is pretty wide.

Mellon was just a token non exec to check Metals were going to do the drilling and crack on with mine build. Darren has already started drilling and mine is on way to Nic so Mellon really has no reason to be on the board as the jobs in motion and hopefully those CVRs will be worth

up to 10p in 3 years time. credit to Darren how quickly he has cracked on and i am sure he is a bit embarassed to be in same room as people who just get on with it and dont just talk about it. Also saves a few quid.

If Artar are the buyer it will be quick but my view is that 15% is really just a hello gesture from a major looking to grow projects in Saudi. The 15% is worth more than just the resource as it aligns whoever gets the 15% with a very connected Saudi family and why i think the final amount paid will be higher than what people might expect. This is no ordinary 15% but chances are artar will buy it back at whatever offer is made. personally i would like TK to happen asap and maybe in this case we might not need to sell it but at this stage take the money and move on. it might be at least 50%+ our current market cap all in cash. Really expected Kefi to break .6 this week but seems held up at the moment. Getting close now to end of month.

Positive updates are due. It does not appear DP will dripfeed these but put into an update trading statement later this month, unless he holds out for interims. I am expecting a trading update as quite a lot of positive activity happening on Hawaii, Croatia, Northfork and maybe Tresca etc. nothing groundbreaking so probably not an RNS event in itself but good additional progress and revenue, as previously announced. Hopefully Eqtec holding out for a big equipment order. Things will drammatically change in my view but DP blew his trumpet when it benefited him and now he was caught out gone very quiet.