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My impressions are that China will want to keep Taiwan as together as it can possibly do so. The broader remit of Taiwan and its influence in the Western world is comparable to South Korea and Japan and is desirable, similar to Hong Kong when it reunified with the mainland. Taiwan's huge financial reserves and its industrial base are extremely sought after, as well as the expertise that took them there. Strategically it is an extremely useful location when considering the USA an enemy as well.

I can imagine that Taiwan would only ever be invaded if there was no other option to do so, and direct aggression went directly from Taiwan towards the mainland. The current China is posing as the world negotiator and industrial base, not as a direct aggressor as the USA, so they will ensure that they do not make the first move in context of any aggression, as it serves to undermine the US and the existing narrative, and puts them in a leadership role of a new world order. If they portray a fairer dynamic as well as the might to defend it, countries will ally with them over the US, and the RMB will become the new dollar standard which will cement their power, legacy and influence.

As for us, Taiwan matters for MTL more because of how China sees entities within the China Sea region. With the Philippines being US allied their behaviour towards the islands is not dissimilar to Taiwan, except they would have less scruples about destroying the Philippines.

10% rise today. I think someone may know something

Might follow the buy and then January dump pattern. Let's see and hope for good news. If it drops back to the under 13 threshold I am sure a bunch of regulars will buy some more.

@SAGACITYRULES

Agreed but all we can do is try our best within the market and opportunities we have. KMR isn't a short hold idea for me, it is stable and with good growth and market projections, so I am hoping it will deliver for some time once this all gets ironed out. Followed for a long time and decided to finally take the plunge. I hope I won't regret it!

Venezuela has huge untapped mineral deposits, seemingly some of the largest deposits in the world. Chinese presence in Venezuela has also been high for at least 10 years with their buying up lots of estate and using large areas of land for farming and agriculture, and generally has been seen as a stabilising effect in the area after US sanctions.

The US has many agendas in play here, but basically to steal what they refused to buy for sanctions that they themselves imposed.

I just bought 10k worth as it is a bargain. At some point this license deal will get sorted, they are mining in the mean time, and I read the issue here is ongoing debate between the 2.5% being paid previously and the 3.5% the ruling part wants. Of course I understand getting a better deal but I can't imagine they would sink their own company when getting nowhere against the government. The sooner this gets ironed out the better, and taking a bit less profit for 20 years worth of stable business with expansion potential is not the worst trade-off either.

Can someone frame the example of shares involving pieces of cake please? With iceing on top. I don't understand cake without iceing

I figured that with the bumper Runruno mining quarter we should have + 6 weeks of extra from previous quarter + no longer having a fixed gold price for sales, next results might take us to a new recent high. Hoping 20-25p if quarter is as high as double previous for revenue.

I estimate if price of gold doesn't drop, with La India active at the end of the year share price in the region of 40p.

As much as I want MTL to succeed and think it will, randomly issuing extra millions of shares with hundreds of millions in stock, and with no clear direction always annoys me and shakes my faith in it not being another dodgy AIM listing.

@AuInspired

I agree. I was always taught there is no quick way to make money, so patience with this approach and MTL following a sound and costed plan that isn't made more risky to appease eager or desperate shareholders will pay off in the long run with stability, and subsequent returns.

Also as the price oscillates there are more opportunities to load up. January tends to be a relative market low with people selling to cover other costs, so realistically expect it to go down in the short term

@Patxaran

How honest the RNS is will only be shown over time.

The RNS says a lot but confirms nothing, which is the opposite of what is needed.

Or that upgrading the plant down the line would be pointlessly more expensive between the cost of the upgrade on a finished facility as well as lost processing hours than doing it now for £5 million which we have in hand.

Literally 1 decent RNS and this would explode again to 2p, but the lack of any news is really killing it

Thanks Punter

@Punter64

Where did you read about tungsten at Dupax? I have not encountered this at any point

@****goestheeasal

yes but they are locals and will not take the same criticism as an external entity. we can't simply compare. we have to be above them. we also cannot pretend that we won't cut tree down, because invariably we will. emphasis on the care and subsequent reforestation is always going to be a key part of mtl's success. similar criticisms were faced in nicaragua if you check under the youtube videos about the development there, so it is going to be a big thing going forwards.

All good news sounds like. Any concerns about what has been announced?

It's the MTL Black Friday Sale

Clearly I'm buying at the wrong time Surrey!