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The market is generally very buoyed despite it being summer. Usually you see much more of a downturn, but with world political theatre and tarriff fun and trade deals all through August, interest appears to be maintained and high.

The classic patterns no longer seem to apply the same way.

Full steam ahead gentleman!! We are going to be making omelettes with golden eggs

50%? That's just a flesh wound

20 million at 2p implies an 400k investment. I was I was that kind of not rich

I do love this idea of community processing. Similar labour, unrefined ore, no corporate responsibility or liability for that mining output. Such an easy way to increase output.

I think once we are a multi billion dollar company a takeover would be more difficult to achieve generally. Perhaps the likes of Rio would be interested

So does that mean we all need to buy more shares to head off Drachs? If they took over now I would be rather cheesed off.

Also, gold flat despite supposed chaos quelling post conflict suggests that the broader market does not think the chaos is over. If it was, gold should be headed south, rather than at the plateau it is oscillating in. I would argue it will take not a lot of further international upset for it to be pushed higher

Dividends are also traditionally a staple of larger mining companies because mining is an inherently risky business and stocks are more susceptible to upset than industries such as banking, which also pays dividends but usually at a lower rate. If mining as an industry paid no dividend at all, then I can imagine they would attract less interest overall, particularly to long term investors, given the negatives associated with the industry.

2 days ago I was surprised at the climb to 12p in 4 weeks, and we hit 14.5p today already. Fantastic, crazy run and lets hope the news we get is good to double down and preserve the momentum.

I will also echo the positive voices on the board, especially Lee, who has been instrumental to keeping the faith with MTL and Darren

This climb is bordering on insane. 50% share price increase in 4 weeks? I'm not complaining but such fantastic progress makes me wonder if I am missing something else. We do not have 3 sites generating gold yet.

We should wait to see July 9th. If no or few trade deals in effect then the world will get another big shock which will pump the reserve asset base.

It's exactly this debate which is why I asked the question. Seems I didn't miss any confirmations at least

Does MTL have the permit for Dupax confirmed yet? It has been talked about vaguely but I cannot recall a clear yes/no on it

Gold $4100 by December assuming Trump continues to do a poor job and the Canadian and EU trade deals falter multiple times which it currently is doing rather spectacularly for the reasons DDD highlighted earlier. All other geopolitical instability will simply push beyond this point.

Central banks will need gold as a reliable wealth intermediary until the market chaos settles. USD losing footing, US debt increasingly undesirable, Euro safe but struggling with US trade, RMB still not highly sought in western banking due to overt gov control, crypto generally fails banking criteria for stable wealth holding. This leaves gold as a traditional asset for them, otherwise we will see more banks and large firms move more into housing and land purchasing as the other main wealth stores for them (they already finance and hold business assets)

Thank you for clarifying

I wonder what the Newcrest statement referred to exactly, I struggled to understand what he was hinting at.

I don't see Iran picking a fight with the USA whilst Russia is kneecapped in Ukraine and China probably has said they would not back them with their military. They will wait for the bluster to blow over and rapidly rebuild with the assistance of their allies in exchange for oil security, and China will use this broad strategic failure of the USA and the west in general to emphasise itself as a better alternative

I have a few dividend shares for stable returns over the years and use them to funnel into other investments such as MTL. HSBA, Glencore, lloyds, anglo etc. Tried to time them all when they went low.

Why is HEX so interesting? Drachs into it?

Your maths is off by a factor of 10. 1% of 6.9 billion would be 69 million. TAM is not unreasonable considering the video production industry, the question is tapping it to drive interest and utilisation outside of bulk licensing to news and sports channels. That's the waiting game.

The software is actually decent and good to use through a browser if you have a go.

We touched 10, if only for a moment!