Member Info for taylot

Yeah.

Who knows then?!? I’m with II and at present they are sticking to their stance. I understand Charles is dealing with them directly. Whether we see them budge I’m not sure.

That’s not accurate as they will be classed as CDIs not normal shares and this is the issue. As it is presently understood only shard are determining the CDIs as ISA eligible. It’s a mess.

Thats seems to be the plan. Of course the question will be asked if we have a fund manager why do we need so many BoD members, it is being cut down to just MM, CH and AB by my reckoning so seems about right. The pressure is very much on MM in particular to get this right, it’s ****ed of a lot of people and cost them a lot of money so he needs to produce results and fairly quickly IMO, nowhere else to hide after this.

Best to go on Twitter and search MTR, you’ll find some of the main contributors and just ask to be added.

Well what a total ball ache being a long term MTR investor has turned out to be.

I have been in contact with several other investors all in varying degrees of anger and dismay at this move - predominantly due to the loss of ISA protection, but also the options which are quite frankly a disgrace. But the fact remains that all these company directors do exactly the same and this is what we have to accept - I voted no to the options as did many others.

That being said, I do support this move away from AIM. I have also contacted MM and have been satisfied with his response to my queries and assumptions. The nomad has hamstrung the company for years and as we start to generate real income we need to freedom to move quickly and outside the restrictions the nomad imposes. Major shareholders are fully on board with this move and that also speaks volumes.

For those wishing to continue to chat hotcopper is a good site, but there is also a Twitter group which has some fantastic contributors, if you envisage continuing to hold MTR shares or what will now be Strata then I would look to join there. All the best.

Can’t say I’m happy with this. Not because of the move to ASX - it’s the right move. But the lack of information provided to PIs in particular is poor and has caused todays panic selling.

Moving to the ASX will give MTR the freedom it needs and it’s now for the BoD to prove their worth - no more excuses as there’s none left to give after this. It has to be success or the sword for MM.

In regards holdings, most larger brokers allow you to hold ASX shares so no issues. We will no longer be at the mercy of market makers tricks and price action will be solely buy and sell based. I expect the price to be much closer to NAV after this move to ASX.

Very frustrated and not nice to see our holdings smashed but I remain positively invested. ATB.

It seems the topic of promotion will be a constant for MTR shareholders. I have asked MM before about this and rightly or wrongly it’s just not his style to be anything more than factual and some what reserved when it comes to promotion. For me I’m happy with that, I don’t want massive spikes following a ramp by my CEO.
They are building the NAV and the NSR is facilitating a solid revenue stream which will ultimately result in dividends down the line (or a buy out) I’m ok with what’s happening (aside from the share price which I still feel is light) debt is being paid down, BoD fees are being reduced with the weak link also going in March, while our CEO continues to buy - is he going for 1%?
SFR Q4 is due next week, hopefully we will get a good update on A4 aswell exploration news at A1 (where sat images appear to show they have found somethings) aswell as other targets across the belt.

We haven’t even had a real buying volume just yet and look where we are. Sentiment changes quickly.. ATB.

We’ve had our chance to average down tho - I appreciate that’s funds allowing etc. My SIPP is well underwater but actually in profit now on my ISA holding. The recurring revenues here are going to be extrapolated by accountants and analysts and soon enough we will see bigger players and institutions getting on board. Remember this is just the current known revenues from just A4 never mind the rest of the belt. This is a vast, vast area and we are talking multiple mines over decades all paying the healthy 2% NSR.

My SIPP maybe underwater but I have no intention of selling them for a long time and will be adding shortly once my transfer goes through.

Sentiment is changing, be in the right side of the tide. ATB.

There won’t be very much. Buying volume has been small so there won’t be many sitting on profits. Lots of shares are held v tightly and at much higher prices.

As I said the other day it doesn’t take much to move the share price here with so many shares held tightly. Wonder if the 100k buys this morning were our CEO who continues to increase his stake - I wonder why he would do that..
SFR SP on a romp back towards high single figures. It is now the only really copper producing play on the ASX so I expect it will continue in its current vain, particularly with the back drop of copper prices and macro environment. Quarterlies due soon, let’s hope we get a decent update on A1 exploration aswell as explorations elsewhere. DeGrussa is on the wind down so pressure is on SFR to show botswana can take over the company defining asset.
Cobre share price is in a bit of limbo until the latest CR is over but look what happened last time.. I’m extremely confident we will see CBE play out the same way as MOD and I’m positioned to profit from that. As clearly are MTR.

It’s been a long frustrating road that’s for certain but I sense the sentiment is shifting and MTR shareholders will get their rewards. GLA.

10% up on very few trades.. Just wait til we start to see some real volume.

Hard to argue against that JB.
But first ore from T3/A4 is approaching with A1 exploration continuing. Couple that with SFRs incoming CEO no doubt wanting to hit the ground running and I believe the NSR value will soon enough exceed current market cap.
BoD are taking heed of SH concerns and are acting accordingly.
It’s been a long painful ride but we are certainly closer to being rewarded, particularly those taking advantage of these current lows.

It absolutely will.

That’s a tough one. They take the board positions to fight MTRs interests, it’s why KML were drilling the ground covered by the NSR. The issue of remuneration from these positions is debatable and has been done to death tbh.

I don’t think I could ever bring myself to agree with cashking btw ;-)

MM wasn’t involved, he can’t be due his position in CBE- and he is stickler for the rules.

I’m not defending this **** up, it’s not defendable and not good enough. They know that.

We move on. They’ll be a new CEO at SFR soon enough and hopefully a renewed focus on Botswana exploration.

I imagine they expect CBE to be taken out - just like MOD was. And so do I. Good to see CBE using two rigs
round the clock so it would appear CBE feel the same and want to prove up as much as possible.

Not heard anything about MHs trip to the US, which I found very interesting!!!!

The decision was made by Mark Potter. It’s a shambles and he’s totally taken his eye of the ball.

Plenty of shareholders understandably not happy about this and it’s been made clear to MM. Lots going on behind the scenes tho, they are also putting a process in place to ensure this doesn’t happen again.

I was not impressed. Long term we are still looking good, more patience needed tho.. ATB.

Have you seen the way they are drilling? They aren’t looking for good news, that are hitting copper and drilling methodically. Why he isn’t releasing this news is the question? He doesn’t want the market to know.. why? Either these worried about a take over with the SP being so low. He doesn’t want to add value to MTRs NSR (don’t think that’s the case personally) or as yet it just isn’t material to SFRs market cap - this is true but doesn’t explain for the lack of reporting in quarterlies.

Martin Holland is now presenting online.. this meeting is clearly urgent… why?? They’ve just recently completed a CR so you wouldn’t think it’s another round.. so what’s it about?? I think our CBE stake could well end up exceeding our current market cap. I’ll be looking to add again this week. Seriously undervalued.