Member Info for SurreyNot123

Be glad to see the back of it!

Hmm. I think £1 assumes flawless execution and market recognition of it. Plus 110% dersiked.

I don't think the current pipeline would support it unless gold continued up. La india was perfectly on target, dupax came through and there were zero issues in the Philippines.

I'd welcome it (Jesus christ, would I), but can't see it at the moment.

Thanks for the responses last night.

It'd be nice to not see our SP merely holding up, but rocketing as it should be! POG is absolutely flying.

Lee, again I am curious to see the maths behind 3 figs. I'd welcome it obviously, but even with Dupax (+ La India) that's a stretch, no. Again this is referring current pipeline only and doesn't account for any M&A wizardry.

Getting absolutely ridiculous.

If a consolidation isn’t on the horizon it really ought to be.

Whats the immediate % upside to SP estimated to be on good dupax results? I realise I'm placing my entire value proposition for metals on la india, bit hypothetically, if they announced positive dupax results with year ends, what could that look like? Anyone with a calculator and familiarity with the project?

Simms - getting a bit Tin-Hatty over there my friend.

Genuinely not - I don't have the time!

I'm here for it though. Maybe someone can inject some amusing commentary whilst we wait for milestone updates.

Okay - which one of you jokers is this 😂

It's a nothing burger.

As Liam says - As You Were.

Our inability to break the 16p barrier is, moreso!!

Come on MTL!! 🚀

No flies on you, Lee!

FRES and ALTYN keep me up at night. I sold my entire position in FRES to double down on La India. Never did i think it's leapfrog us by such a wide margin.

La India's day has got to come soon..and it can't come soon enough.

Double dipping government theives - couldn't manage their way out of a paper bag. I think IHT's an absolute disgrace unless it's exceptional levels of wealth exchanging hands (few £m plus at least). Fancy paying huge levels of tax, only to die and bit hit with another tax bill just because.

"...death and taxes", as the saying goes

Love to see the maths. Compounding profit in the face of fixed AISC is an absolute golden nugget (not sorry for the pun).

As mentioned, this will 🚀

Dupax is a nice to have. Value is at La India. Albeit it's a single jurisdiction.

For the impatient - note that the Condorians that are left have generally achieved a zen-like state, enlightened by the potent combination of time and patience.

I still firmly believe that this will rocket, backed by POG and reserves. As I've always said, I invested in the project. Dupax and flawless.leadership are derisking factors that will light the fuse - not the inherent value proposition.

MTL will become a titanic cashcow once the project's up and running.

I...I am relaxed.

I thought that much at least was clear! Not worried about my %, divi payments etc. at all. My comment was to do with IIs and being exposed to so few, with such large shareholdings. MTL is relatively thinly traded but swings with significance. My point was regardless of Drachs selling their position, even me selling mine would likely have a significant impact.

We're possibly talking apples and pears, either way.

Eh.

I wouldnt say we have a perfect balance. We've got a few major shareholders, rather than a roster of IIs that can deal with any liquidity issues. You almost want your IIs by holding as diversified as your portfolio. Lee i don't think we're in a position of strength or derisked as a result of II involvement.

What happened when Mellon sold? What happens when Drachs sells? Flipping heck, what will happen when I sell!!

No evidence*

Some specialist and more independently regulated funds do invest on AIM, HOWEVER many mainstream institutional investors avoid it due to - as mentioned - lighter regulatory and governance requirements as well as more limited liquidity. Means AIM registers are often PI/nominee-dominated. Drachs stands out as a specialist holder obviously - but there's evidence of broader participation from any other large, well-known institutional investors, which is NOT unusual for AIM listed cos.

In short - not suggesting there are no IIs on AIM, but participation is far lower than it would be on the main market. MTL reflects this massively

Tbf Lee, not at scale. Many IIs are outright prohibited from buying on AIM due to the looser regulatory requirements for the companies listed.