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What cash would that be then ?
And the best thing Shaun said !!
Gold and Copper mine…
Copper…
Be interesting to see how the market makers pitch the price today; we all know there are no sellers.
Debt free, BILLION $ + valuation currently, higher offer submitted by our own directors on our behalf and we are defo going mining…
ANY sensible posters here who have contacted the FCA over outrageous price movements etc TODAY is the day to email them !!
What’s more amazing is CBE, who no one has heard from for months, announces 3 RNS”s in a week none of which have appeared here, and todays is they are starting advanced drilling, in Botswana.
So we are out and all of a sudden, they are starting to rock and roll, reduce wages etc etc!
Amazing eh !
Ty forest as always pal…
Odd isn’t it that we are going our separate ways with CBE in regards to KML and NOW they decide to reduce wages, fees, expenses but of course not pension contributions…funny that and I notice that another two RNS”s were released yesterday but didn’t appear here again EVEN though if you were paying LSE, it clearly states in the template “MTR live RNS”….odd ??
Never mind; I’m sure the next “We note, have noted and taken notes” about something totally un important, something will appear here.
Yep that is the perfect answer to anyone who thinks of investing or selling !!!
Buddy
You don’t make a mine in 5 minutes; you don’t find a mine in 5 minutes; you won’t 5 bag from a mine , in 5 minutes !
Winner
But again why aren’t people READING the RNS !
These results are NOT to find gold !! Or Silver !! Or Superman !! They are to find the extent of the area BUT the most exciting part of the drill is that they have found ZINC and COPPER !!
I wish people would read honestly….
Just added a cheeky 6,100… at this price it’s a giveaway
Fiercey
And liked the added line;
Oh and there’s some copper and zinc !!!!
But Q I would also add I find it very strange when someone says that they have sold out and then comes back months later to do what exactly ??
It’s the same as selling your house and then coming back 6 months later and telling the new owners a load of bollx isn’t it ?
Very very odd to me….
If you actually read what I wrote, you would see that I’m under water with the investment due partly to **** poor money management. That’s a fact and as for CBE RNS, the last one posted here was the 16th May and today is the 22nd June, also a fact.
You would also note that almost all of the last 50 RNS”s posted here were “MTR are pleased to note”…. And as soon as there is bad news, they don’t post at all !! That’s also a fact.
You are clearly happy to be 1000”a of pounds down on your investment in MTR; well well done you and you keep slapping yourself on the back and telling yourself “Well done”.
I suspect the major shareholders here have told the BOD to stop spunking away the shareholders funds because as previously noted, we haven’t found an oz of any copper or gold to date; also a fact.
So I have a grip on my losses to date, I’m entitled to air my grievances in public and I note of course you haven’t answered the one question that actually matters in this vis-a-vis; what’s going to happen to the SP between now and SFR paying the first NSR payment.
Stating , as fact, that the last few editions of IC have said MTR was worth buying, highly recommended, top of the list etc etc etc
We are 50% off consolidation price, that’s a fact.
We have mortgaged millions without an ounce of copper or gold, that’s a fact.
Like me, 1000”s of shareholders are underwater, that’s a fact.
The facts are staring anyone and everyone in the face; if it takes 18 months for SFR to mine our first payment, anyone care to presict what will happen to our SP between now and then as we are “battening down the hatches” ???
Keeefy
I’m not whingeing but I’m looking at what the decisions made AFTER the evidence had been presented against where we are today.
In relation to KML, it was TG and our exploration team who viewed the evidence and we were told AFTER 100”s of 1000”s of dollars spent that we should go in with CBE.
Now before I get shot down in flames,exploration can be tricky but what we are now being told is that the BOD think it’s too costly and we don’t want to be a cash call company etc
Well they should have know that before they started; how much has been given away for CBE”s benefit in return for 1.5M and NSR”s ?
And strangely, along with this wall of silence about this announcement, it’s interesting that SAU isn’t being mentioned at all and look how much we have mortgaged off from our SFR holding into that pit.
Whingeing no; absolute shyte management so far ???
Well either way no one at BOD level loses their job despite millions being thrown away.
If there was any doubt, they shouldn’t have spent the dough.
After all, if you weren’t sure 100% about your partner, you wouldn’t get married to them would you; it’s our money Keeefy, not theirs.
Exactly the same as the shower of shyte government who allowed 8.7 BILLION pound of our money to disappear in fraudulent covid claims and who is responsible for that ? Are they going to put people in prison for fraud ?? Oh no, that’s too difficult….
Fiercey
Keeefy
You won’t hear from Hydro he’s banned by LSE and Taylot and Q etc I have no idea
With respect, I didn’t say you said !
The problem W is total silence from the BOD; if no one comes forward to explain what they are going to do, why certain things are why they are then people have seen a sinking value for apparently no reason but absolutely no communication and will therefore just sell and move on.
It’s quite odd that our illumini have not come out all guns blazing telling people like me and you and the other posters how wrong we are and that our amazing NOMAD, who we never EVER hear from, won’t allow any communications from the BOD; so our investment in tanking and the answer from those in control, DONT SPEAK!!
Remind y of anyone ?? else in politics perhaps….
Total shower of shyte!!
Willow
I read the two posts yesterday regarding us being bought out; a couple of thoughts.
SFR are currently on a depressed valuation of 2 BILLION dollars so not sure why they would want to buy a £40 MILLION pound company and as for the NSR”s; didn’t anyone see their net profits WITHOUT mining BOTS ??
There is total silence from the BOD….
In regards to communicating, it’s interesting to note that if our fellow holders hadn’t posted yesterday about the CBE deal, many MTR holders wouldn’t have known anything about it because of course, we have still not had an RNS here about it from our very well paid BOD.