Member Info for SurreyNot123

I just logged in to check - to settle CFC's Early Sunday Morning Meltdown. Most recent purchases of 1,091,486.

Total, just over 20.046m

Couldn't care less if you believe me or not - frankly I'd prefer we stay on topic rather than indulging weirdly bitter bb contributors.

I used last years and this year's personal isa allowances entirely in close succession.

I really don't know what your problem is mate, or why you'd think id be fabricating my position, here.

Happy sunday, I guess?

A few significant cnr holders sold because of timelines and MTL being an unknown entity. We're PIs, don't forget some of these are old boys who bought into Mellon but may hold the likes of Candy in disdain. I also know where three of them reallocated their investments and they have done just fine.

I have chosen to stay put. I'm pleased by the recent creep, but expect this to inch much higher until there's bad news or cause for concern.

Like I said, 15p is reasonable for a wait period, 30 NPV. Anything between these two on news should be normal.

I've dropped this yrs isa allowance entirely on MTL also which nudges us to over 20 million now.

Let's bloody crack on

Weird sentiment here today.

I'm just glad to see progress toward a sensible bloody share price.

What's the CNR equiv at these levels Simms? Minus CVRs? About 40p?

I think i was wanting ca. 90p from sale, which ties into fair present value of 12-15p here.

NPV of thenproject on production should be closer to 30p

Still a punchy drop for one day. There's no need to put a positive spin on it.

Traders frothing right now

Reading this comment and flicking eyes up to your username just got a laugh. I was like

Sensible opinion, I gue....oh.

Very disappointing after the recent ground we gained.

Back to it, I guess.

Don't worry - i got smacked with the Murphey's Law stick the day after I dropped another 20 grand in. It recovered quickly, but it stung for a day.

This morning's certainly a reminder that the swings will continue to be big on the way up. Hopefully a blip.

La india update is a bit uninspired, was hoping for a bit more meat on it.

Results fine.

I think it's less that, and more than gold and gold equities have been ignored for so long despite outrageously solid fundamentals.

Metals isn't sexy. Crypto, socials, memestocks and tech have been exploding with 15-30% swings (many upticks) on the daily. It's been a gambler's paradise.

In a financial world that's now deciding to get more real in the face of absolute clowns like Don, this is just a normalisation that should have happened 5 years ago or more.

Forex cant be trusted. The dollar certainly can't, which impacts oil massively, as we all know.

It's an absolute house of cards, and then only constant that's going to come out of the current macroeconomic climate will be (*drumroll*).... gold.

The central banks are finally acknowledging what's been staring them in the face for the last 5-10 years. Don't get me wrong. they've profited massively off of the hyperbole I'm sure - but the chickens have come home to roost. God bless the Orange Man and his clown of a sidekick (or is it the other way around?), for accelerating this bloody process.

LMH I married a Yorkshire lass, so can attest from experience.

Fair enough.

Jesus.

LMA calm down with the keeping of receipts mate. What's the point!

Does anyone know who MTL sells to?

🚀

Nice to see La India finally get some recognition.

It's pretty much just a $1.5 billion vault in the ground. I spoke to Mellon at an event several years passed, he called the rise in POG (although it took a few years longer to get there) and was clear he wasn't in a rush to pull it out for this very reason.

"It's just an appreciating asset.." I think, was his turn of phrase.

Legend.

This will come much quicker than people think, Darren just needs to add confidence that he's on track

Other than you need the cash to pay them both...

Dividend**

Don't forget the MTL squad still actually owes CNR holders at point of first pour and in the event they prove out the vein is bigger than BFS. Part of the "purchase price" was a IOUs of 11.1p by share, payable in two tranches which obviously annoyed a lot of people (myself included). If MTL was so cash rich, why was it fumbling around for a scrap.of paper to scribble down a poxy CVR and not just go for the clean break? I'm owed over £500k in bloody CVRs - I expect that to clear a long time before we start the division conversation!

I'll be honest, insane shirt term recovery there for MTL. Looks like this week could be a blood bath

Dont speak too soon

??