Member Info for Slippery1

As usual we will drop is way below the actual dilution.

Based yesterday's close 15.2p add the new shares and money received the dilution results in a drop to 15.14766p yet here we are already at 14.9p.

In addition, each Condor Gold Shareholder will be entitled to one Contingent Value Right for each Condor Gold Share held (the "CVR Consideration"), which entitles them to their pro rata share of:

o US$14.4 million (to be paid in pounds sterling using the CVR Exchange Rate) following the first gold pour after commissioning of the relevant processing facilities (as confirmed by the Independent CVR Representative) using ore from the La India mining operations, subject to the first gold pour occurring within the five-year period following the earlier of (i) the first date upon which a suitable drilling rig to carry out the agreed work commitments has been mobilised to the La India Project (as confirmed by the Independent CVR Representative); and (ii) six months following the Effective Date (the "CVR Commencement Date"), to be settled by way of the issue of loan notes (issued by MTL) with a maturity of six months and one day after their date of issue (the "Loan Notes"), within 15 Business Days of the first gold pour; and

o up to an aggregate of US$14.4 million on the basis of US$18.00 per ounce (to be paid in pounds sterling using the CVR Exchange Rate) of additional contained gold JORC Mineral Resource discovered in excess of 3.158 million ounces (Moz) total resource at the Condor Group's La India, Rio Luna and Estrella projects (the "Gold Projects") (subject to a cap of 800,000 ounces above the 3.158Moz hurdle), over the five-year period following the CVR Commencement Date. Payments due under the CVR, will be settled by way of the issue of either New MTL Shares or unsecured Loan Notes, or a combination thereof, at MTL's sole election, following the third and fifth anniversary of the CVR Commencement Date.

· Accordingly, the maximum potential CVR Consideration payable pursuant to the Offer, as detailed further below, amounts to US$28.8 million (approximately £22.6 million at the Exchange Rate), representing 11.1p per Condor Gold Share (the "Maximum CVR Consideration"). Accordingly, the Fixed Consideration and the Maximum CVR Consideration (at the Exchange Rate), in aggregate, could amount to up to approximately £90.1 million, representing approximately 44.1p per Condor Gold Share (the "Maximum Potential Consideration").

Lee, we are financing the trucks, excavators etc from Caterpillar so we won't own all the plant day 1

Lee "you're" would be nit picking 😆

S7 he thinks you an TikiTaki are one the same two accounts, hence the "asking for a friend"

Green boxing means they have filtered your account so they don't see your post. BONUS for you means no more cryptic comments

And TikiTaki is a current style of football tactics 🤣

July 14th 22025

MTL - 16.3p prior to BIOX contamination/Typhoon drops with no significant updates

Gold was $3350/oz

Can see this opening sub 14.5p, be brave ride it out, buy some more and wait for the bounce

And pressing on to $5100

JT, I had 1,582,000 CNR now have 5,802,000 MTL.

Retained and reinvested the 9.9p in both SIPP and ISA but sold GIA holding as needed some living expenses.

Hindsight is a wonderful thing and could have kept 1m or so in the GIA but I'll be happy with 25p to 34p when I come to sell my ISA holding (4m shares) early Q4 this year. The SIPP shares I intend to let ride to dividend payouts and beyond.

$4,950 already passed

Treble the capacity

Is it half-term term already

One post wonder

Slim you still in Spain?

Whats Big Man Research upto?

2009 was start for me 0.52p for 500k shares

Agreed

Simms maybe his name is Jimmy it's a tantalising proposition, Wo Wo Ee Yeh Yeh

On the sub station didn't DB mention the possibilty of paying to get sorted quicker as an option or did I imagine it

Current sell 15.321p

Carefree, Sakura did need to sell some shares (2m from memory) by a certain date but that was in the summer. She sold what she needed to at the time and continues to hold.

Everyone can show concern if they hold a considerable amount.

I hold 5.8m from a CNR investment that started back in 2009. My attitude has always been the gold is in the ground and as long as the company that owns it isn't bought via a total cash transaction I will always be invested in it.

CNR warrants converted to new MTL warrants on deal day and total 33,599,334 @ 6.05p

So far I've only seen 39,470 exercised 2nd Jan 25.

The exercise period was reset and they now expire 21st Jan 2028.

I hold 516,9212 of them, Melon invested 20x my investment at the time.

Last time this kinda drop happened the contamination RNS came out