Member Info for Smoothbrain

@CV

I have a similar suspicion that a further purchase may be in the pipeline as well, and that MTL's value is being kept low so purchases are kept more reasonable. People are encouraged to raise the price and be stubborn until you get the higher one when a company is valued at a lot of money. The small market cap can have some strategic use

Sanctioning a country for sale of metals such as gold doesn't seem to significantly impact pricing. Look at Russian sanctions and prices of metals.

Increased global instability increases the price of gold. Higher rates of persisting inflation tend to push up to the price of gold. So more profit is likely inbound in the near to middle future. If you want to exit Chris, please go ahead. If the SP drops, we will all add a little more to our holdings.

As for JWBellamy, your argument is basically that the share price is going to go up even with less gold left in the mine? Predicted mining output from remainder is already significantly above current SP and total value of the company. Even an exit dividend for the company at current remain values and calculations exceeds current share price.

Then not considering stage 4 and 5 of current site, new site, new resources to mine - the end isn't imminent. I also think that they will purchase a series of further plots in the next 1-2 years. I admit nothing but my gut for this, but looking at local nearby mines and sites, valuations available and their output make them easy takeover targets. I said this before, and then soon afterwards they declared their first additional land purchase for quite little relative to current output.

As all pacific ring deposits, the local geology is ssimilar to Runruno, and some containing alkaline basins similar to where MTL started which is a good source of volcanic deposited mineral with higher concentrations.

Then we have Darren, who has transformed with both direction and efficiency, based in expertise. Strong leadership is key to all of this, and is now reflected in good work force and local community engagement, as well as mine productivity and safety. This reflects well in government, and likely means that any further licenses and business expansion should not be difficult to achieve. So upwards seems to be the direction of travel for me, as most variables accounted for.

I am actually struggling to see a downside to a share holder for any of these, and I would appreciate an actual breakdown to summarise your concerns other than "mine short life afraid".

Onwards and upwards!

@MVarawa

The true bigot in you beginning to reveal itself I see

@Richierich78

Your question "Who do you blame for the Islamist extremism across the rest of Europe?" is not a real question is it? It is low level deflection to entertain your bigotry locally by desperately canvassing whatever argument you can from anywhere.

Very poor reasoning and logic

@Richierich78

What does that have to do with Lloyds or anything domestically? Just barrel scraping bigotry. Give it a rest.

@StickyToffeePudd

I appreciate your post and your support, but just the amount of bigotry on this board is unreal that I had to say something. Genuinely shameful.

@Richierich78

Doesn't surprise me that you wouldn't understand my post.

@MVarawa

Justifying your bigoted stance by going back to the 15th century is the same Putin-tier reasoning from the Carlson interview, and your blindness to what other religions do in the world is hilarious. Look at Gaza, look at what the USA and UK have done in the Middle East for eons, look even now Ukraine and Russia between 2 traditionally closely aligned orthodox churches. If you are wanting to divide by religion, all other groups stoop equally low. Discriminating on religion alone is clearly lacking of any real logic, and that you cannot distinguish is testament to your shortcomings.

@hyper-al

I feel you. Been with BB for 7-8 years, playing the forever waiting game.

@richierich78

Clearly logic or numbers aren't your strong point

Social unrest isn't just one religious or racial group. It's all groups. Jews feel unsafe, Muslims feel unsafe, Christians feel unsafe. Focusing on a single group because of bigotry misses the big picture of the decline of this social and what makes a functioning secular society.

The loss of education, community activities, community spaces, community engagement, health services, early start services, social input - all drives the decline of society. The breakdown of society creates Ghettos, which fosters the rise of extremist mentality and problems related to it.

All of this social investment costs money, but the cost to society, the economy, the police, the health service and what we each pay out of our pockets to even get the basics done in the UK is greater than ever before because of it. This is why the national debt is at an all time high with austerity and destruction of public services, putting private sector into public schemes and why households and more the most constrained in the last 50 years.

And how can everything be so poor despite being so expensive and investments so high? Because of an appalling government and the corruption within and around it.

I wish some kind of collaboration with youtube would be in the pipeline. Would be a dream.

One of the main causes of extermism is isolation, deprivation/poverty and the loss of the previous social contract, all of which this government has facilitated to siphon off money for themselves and their crooked allies.

Let's not ignore a lost generation who are left poor trying to get a university education after secondary school quality and funding has dropped immensely, their health neglected due to ransacking the NHS, the death of social mobility and even penalising them with regards to benefits compared to the over 60 category who still get benefits, tax breaks and triple locked pensions.

If after 14 years you can't see that poor government has led to today's problems, then you are a lost cause.

@silvertortoise

Pic n mix today, dining out tomorrow

100, 000 is a lot of customers. Granted it is a big world, but I wonder what proportion of their income will be organisational licensing as previously obtained.

Essentially the figures are aiming for 30 million a year from their new product by 2024 which is a high bar.

Thanks for the info @nimrod22

KMR is the only one that seems business viable from that list. Gives me even more hope for MTL's current value.

So who are the 5 above? Curious now considering MTL already has such a low PE

Depends on who offers because they hold a lot of government and healthcare contracts which means some offers are liable to be blocked on security reasons

I hope we get some more stage 4 and 5 mine expansion updates soon too. Any positive news will help the process

I missed the close of the bell. 2.5-2.6 is a bargain, wanted to load up some more too. Hopefully Monday is similarly low and get some more at this price.

@Minecheck

You make good points and I agree, the influence and history of Russia is absolutely not to be underestimated, and its geography along with its wealth of resource eternally cements its vast influence more than almost any other nation can appreciate. However Russia's changing influence has been also Putin's doing.

Wagner group has been disbanded and were responsible for many foreign skirmish powers particularly in Africa. The death of Navalny is a warning to what happens when you try to even stand against Putin. To pretend that Putin is loved by all is also to be blind to the fact that no other legitimate choices exist, because only injury and death await a differing voice.

This alone is the no.1 reason why NATO is so attractive - because NATO will support its allies. The old Russia would have, the current Russia would not. This alone erodes Russia's influence because they cannot be trusted, and Putin cannot trust, because his approach leaves enemies everywhere. It is a race to the bottom with current leadership.

Furthermore Russia is not defeated, but it has eroded from the inside. That is not easy to heal.

Rerouting trade is an excellent tactic, but India and China are not buying their resources at market rates and will gradually be felt as the bottom line reduces. Medical and broader technologies will put Russia entirely dependent on China, which can easily supply its needs, but this ultimately reduces Russia's influence to being secondary to China's.

The West is more isolated for reasons beyond Russia I agree, not to mention other highly divisive regional conflicts. However Russia is more isolated too. The two are not mutually exclusive. With 1/3 of its boundary shut and to one of the largest markets is undoubtedly damaging

As for subservience to the US, the EU is a strong counter to the USA's influence in this domain. Only UK post Brexit is going to feel this influence more acutely due to such a self destructive political decision.

@Pokerchips

The USA gains significantly from NATO outside of military spending, including political and trade relations, as well as strategic information across the globe that it uses. It has military bases in foreign nations. Which nation has a base in the USA? The USA has to pay for this use of another country's territory. Trump's argument to look at strategy on simple numeric terms is short-sighted but easy to present, which is his entire electoral approach - "build a wall", "drain a swamp", "make them pay". It feeds his electorate, but doesn't make sound politics.

Trump threatening to disband NATO is Putin's voice through and through, because anyone that understands world politics would appreciate just how much power, trade and influence would be sacrificed. I would be surprised Republican donors support this, those same donors are the ones who's financial interests exist in these areas i.e. oil, weapons etc.

And if such rhetoric makes the EU develop more home grown solutio