The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
and for some reason lse has decided '*************** owns' is a swear word and blocked it out and removed all capital letters from my post. censorship seems to be the order of the day all over this chat.
now you only have to wait to see how all of the companies and staff working on zulu and in the field digging up contaminated soil are to be paid. the £2 million lasted less than a day and turned into £3 million. that will not be the end of this creature's dilution-a-thon.
have a goodun, hopefully you get a spike to sell into at some point. trade it or lose it, it's binary.
the disgrace here with posters actually thinking there's anything positive in the actions of that crook destroying what should've been a simple project is astounding.
is there anything this over the hill incompetent does that 'isn't' positive in the eyes of you deluded sycophants? or are you reading off a script chemical ali style fearing that actually seeing reality will remove you from the 'club'?
is this yet another 'top up opportunity' as the value of the company diminishes daily, or will you pom-pom wavers admit you're completely and utterly wrong yet again, and finally accept that the only time you will see 1p and prem in the same sentence is when the roach decides to consolidate the shares?
no, you'll obviously continue posting infantile 'lols' and spamming emojis all over the chat while the roach figuratively sets fire to *************** owns, and says he's 'pleased to announce' he's just bought another container full of matches.
tick tock
It seems the GR fanclub have had that post from MartiniGirl taken down. Can't have any differing opinions when you're dealing with brainwashed zombies.
Shame the market makers don't agree with them, hence the price.
Have a nice day, sorry to all who are 'genuinely' trapped in here awaiting a miracle.
RickyK
Grow Up. It's a long used phrase that every ADULT knows the meaning to. If you want to be a wet blanket and cry in the corner, go and watch the 'news' (sp), it should appeal to your mindset.
If you don't like what people post on a PUBLIC forum, ignore it or filter the poster. Or pull your mask up a bit further so it covers your eyes.
Or sell everything you own and buy shares in PREM, that should make sense to you.
So the idiots (usual suspects) who claimed to see yesterday's RNS as a 'positive' step forward and scoffed at anyone who suggested a placing was on the way were WRONG yet again (it was already forward sold last week, you can tell, the price goes up and Snowking posts absolute drivel, clear indicator of impending disaster).
If you think George Roach and ANYTHING he says is in any way positive, you don't 'think', you're either a product of modernity and completely brainwashed by TV/media, or you're complicit and disingenuously posting in the manner of Snowking the Insider.
Don't worry, The Roach will get it right this time, this last 2 million should do it........Or................
'Canmax are pleased to announce they now own the Zulu Licence area and will immediately employ MINING Project Managers to unscrew what George Roach screwed and screw it back together in a manner that produces SC6 and not confetti. Any employees who catch sight of George Roach or anyone wearing a hi-viz vest with Stark written on it, please report their location to the Security Detail so remedial action can be taken forthwith'.
END
Being an actual producer of Gold at a time like this is a lucky position to be in. I was just happy for it to stay above $2k per ounce in 2024, the fact that as of last night we were getting over $2400 per ounce means the rolling average for this year (so far) is WAY above expectations.
The profit currently being generated (and not used to pay off debt) makes this an absolute steal at these prices. GGP is valued at over 3 x MTL with ZERO production and 30% of an unbuilt mine that the 70% owner is currently selling because they don't want to bring it to production.
Q1 Results will be here by the end of this month, then we have the EGM for the vote on the Abra Tenement, and then the Q2 results will be with us. Outside of any new M&A RNS releases, the next few will have a lot of £ signs in them.
Lots of large buying lately, it seems others are happy with progress too.
Hilarious that people still BUY at any price (there, fixed it for you).
In fact, Hilarious that people still hold waiting for the tide to turn when they are so far underwater they'll never get back to the surface.
If you held and listened to Snowking and his creatures, you've already drowned, your brains just haven't let you know yet (to those that have the ability to face reality and engage their brins, to all the others, well, you know who you are).
Ho-Ho-Ho Merrrrrrry Placing, Merrrrrrrry Placing.
And here's the crux of the matter with this apocalyptic Disaster of a project:
'Whilst the plant has demonstrated its capability to produce SC6 to grade, it is not able to do so consistently and achieve the desired and required recoveries at present.'
So the Turd still won't polish and they now need more bits of kit to fix and 'optimise' the bits of brand new kit that didn't do what they were DESIGNED and built to do.
But never mind, these continual failures are somehow a good thing and show GR is 'working hard' to make everyone involved with PREM rich (all except shareholders).
Snowking and his minions will no doubt pipe up with their next chapter of FICTION in this book of LIES so 'top up and average down' it's only 90% down from the highs so what could possibly go wrong with such a competent team of professionals steering the ship??
"What's that Canmax, you're enforcing all of your multiplying missed target penalties and PREM will be 'relieved' of their equity in ZULU slice by slice over the remainder of 2024". That's OK, The Roach doesn't care anyway, he still gets paid.
Clusterfcuk
The gold price is literally irrelevant if you have none to sell. This was valued at over $1 billion.......Yes.......$1 billion, with gold pretty much £1k per ounce less than it is now. It was irrelevant then and it's irrelevant now. GGP does not mine gold, it has zero near term production, it has zero revenue, and it has 30% of an unbuilt asset that the 70% majority owner does not want (even with this record high price for what is in the ground).
Until clarity is forthcoming on the fate of the 70% share of HAV plus Telfer, GGP will continue to be what it is, in Limbo entirely reliant on third parties and their decisions.
If GGP manage to use one of their expensive advisers/lenders/partners to claw together enough debt/equity to buy out Newmont and acquire Telfer, they can bring the mine to production and make some future revenue. That will take YEARS not weeks. There is no timeline for getting HAV built and in production so until there is, this won't be going anywhere outside of trading spikes and 'rumour' pumps (followed by dumps).
If you don't currently sell gold or have your 30% slice of an unbuilt mine up for sale, you make ZERO profit. GGP is a hostage to Newmont, we'll just have to wait to see when they are likely to 'release' us.
All the best (save the 'deramper' infantile responses, if you can't accept reality, look at the share price, that should help).
Another large trade from Friday over the Ask on the day (if it was actually traded on Friday and not just dated that way):
05-Apr-24 16:29:59 5.253 3,600,000 Unknown* 5.30 5.50 189.11k O
Nice to see so much interest in MTL all of a sudden, it's as if the Secret is (slowly) getting out to the wider market.
Onwards and upwards, have a goodun.
Nice to see a positive start to the tax year with the full Ask being paid. Throwing off cash with gold at these prices so looking forward to getting a few new projects on the go to generate more future revenue.
All the best
And as per the late trades from yesterday, some new investment cash is coming this way. Trades of this size aren't from average PI's on AIM:
03-Apr-24 15:40:14 4.8389 6,300,000 Unknown* 5.20 5.30 304.85k O
Can't wait for Q1 Results, and REALLY can't wait for the revenue we are generating already in Q2 while being debt free.
Have a good evening, see what Friday has in store.
Had to change the thread as people keep responding to nonsense and expecting it to make sense. Remove fuel from a fire and it dwindles and eventually burns out.
As expected, with no new information MTL is now running up and has increased over a quarter (in value terms) in just a couple of weeks. As soon as a few media articles went out and stock commentators put out pieces about MTL, a lot of new investment arrived. We are also in Bed & Isa season where investors have a look at what DOGS they have that need putting out of their misery.
When the dogs are 'dealt with' and you realise they won't ever be coming good, a new home is needed for the proceeds so losses can be clawed back elsewhere. I believe MTL is a good stock to recover losses (it has been for me thus far) so any unused ISA allowance is likely to be utilised by recycling whatever funds were generated by selling the dogs.
The Bid/Ask has been all over the place this morning so the interest being shown here is a positive running up to Q1 Results. Volume has ballooned compared to the usual averages, some days we had less than 10 trades between 8-4, now we can see over 300 trades as we did yesterday.
Our cash rich position means any asset we want to acquire in Phillippines can be done using what we generate. If at some point DB thinks a raise is the best way to fund a project then I'm sure it will be from a much higher starting point so those holding now won't be affected negatively. He doesn't strike me as a typical AIM CEO who will dilute for the sake of it, it would have to be demonstrably value accretive.
Have a goodun, see where the price is when I get back later.
Wow, just back in from work and it seems there's life in the MTL shareprice, maybe............just maybe..........a few more market makers and investment firms are taking a look and liking what they see. Shhhhhhhh, keep it quiet, another 3 weeks until payday!
Let's hope this continues, only about £200 million cheaper than it should be.
All the best
Normal service resumed in Naheed's House of Catastrophic Destruction. Another 7% down in the first hour and on course to drop below the £1 million market capitalisation for this (apparently) multi-billion dollar super duper Green (sp) Hydrogen behemoth situated in a relatively deserted corner of a failed state.
Never mind, I'm sure there are a few more 'news' (sp) articles that will get posted saying the exact same thing as they have been saying for 10 YEARS about using Thar Coal to POWER the engine of PAK. The fact that the company can be bought in its entirety with the loose change stuffed down the back of most HNWI's couches, doesn't seem to compute with a lot of the posters here.
Naheed has yet again presided over ANOTHER pump and dump, so grab your ankles shareholders, we'll be getting Naheed's RNS treatment at some point soon.
Should've invested in Vaseline, it would provide far more 'value' to shareholders of ORCP.
Quite a few companies actually responding to positive RNS releases and going up over 100% in a day. Our Q1 Results RNS in the backdrop of the rising gold price will make for good reading, particularly as it will be accompanied by officially being debt free.
Q2 Results when they are released will be spectacular regarding free cash flow (providing gold stays in and around the current levels or higher), so that 'may' be the time when we get valued more realistically. Abra is such a high pay off for such a low outlay, and the fact that it is already owned in part by people connected to the company means it should be a win win for all involved.
Very happy with these small increases week by week, but being Human, I would LOVE it if we went 'walkies' one day and smashed over 100%.
Happy to hold, won't be top slicing until it does a few bags from here.
All the best
Accipter
Nice one mate, good info for us, might get an idea of the scale of things once more companies start exploring here. Only 5% of the estimated reserves explored means 95% opportunity to strike it rich.
Cheers for the link, I'll have a read with my kebab later.