Share Name Share Symbol Market Type Share ISIN Share Description
Metals Exploration LSE:MTL London Ordinary Share GB00B0394F60 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 3.625p 3.25p 4.00p 3.625p 3.625p 3.625p 0 07:49:48
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 5.8 -20.5 -1.0 - 75.09

Metals Exploration Share Discussion Threads

Showing 4876 to 4899 of 4900 messages
Chat Pages: 196  195  194  193  192  191  190  189  188  187  186  185  Older
DateSubjectAuthorDiscuss
25/4/2018
13:22
Well its been a case of sitting back and waiting here for many a year. Just a little more waiting needed. hold, buy any dips, sell or just watch from the sidelines, we all have our own opinion what we think will happen. Most of the time its down to the gods, are you feeling lucky, well i am.
peterpowell21
25/4/2018
11:14
Yes, they stopped the step out programme when cash got tight, I believe?
tombarr
25/4/2018
10:58
I also thought they were going to look at upgrading the site, as they think they could increase the size of the plot to add many more years to the project. May be that they have held back this because of the problems and the cash flowthey have been having. But once sorted this will be done and add more value to the share price
peterpowell21
25/4/2018
10:36
Yes, a classic MM manipulation of the Mid. To try and scare some selling out, and make a buyer twitchy. Do we know which analyst is covering MTL at Canaccord Genuity? I went through them and could not see MTL listed. Once that note gets out there and a whole new group of shareholders come in, then we will see some proper movement.
tombarr
25/4/2018
09:36
WHAT a spread, seems like they don't want anyone buying.
peterpowell21
25/4/2018
07:48
gold per annum at an average cost of c $500-600 oz. With gold at round $1350 oz that's not a bad mark up. Just need it to get to that 25k a quarter target. Hit that then you will see the profits flow in and the share price rise.
peterpowell21
24/4/2018
20:20
What's the latest anticipated AISC per oz here? Thanks.
cyberbub
24/4/2018
17:29
Do not short shares tombarr. GLA
jailbird
24/4/2018
17:20
Jailbird - on your logic and analysis you should go massively short. Just saying.
tombarr
24/4/2018
16:02
Lucky for you your not invested then.
peterpowell21
24/4/2018
15:09
Lol PP, A lot of shoulds and if and buts in the note...does not give me confidence at all.
jailbird
24/4/2018
14:26
Yes just how we all see it, apart from jailbird. Good times ahead.
peterpowell21
24/4/2018
14:03
"Having stumbled badly on my, hitherto disastrous, share tip for Metals Exploration (MTL) in the summer of 2016 I stuck my neck out - correctly as it turns out - at the beginning of this month by a renewed tip for the accident-prone Philippines gold producer. Figures for the first quarter released on Friday were nothing to shout about but no less than we were led to believe. However, against a historic realisation of only 45% capacity, the company revealed “subsequent to the period end (it) has achieved and maintained 100% design capacity throughput of its Biox ® circuit.” If indeed this is maintained, we should now see a transformation in gold production and an end to the deep financial insecurity of the company, which has been teetering on the edge of bankruptcy. In anticipation of the quarterly results and subsequent to my tip the share price has improved by 20% to 3.82p But the actual figures gave little comfort. Just 10,593 ounces of gold were produced. Cash at the bank was $1.74 million. Capital repayments of $12.96 million have been deferred until 30 June and total debt now stands at $90.8 million. So everything now depends on gold production in the current quarter. Canaccord, the company’s new broker, put out a teasing statement on Friday, briefly concluding: “Should the company manage to reach name plate productivity, its Runrunp project could be producing 90-100 kozs of gold per annum at an average cost of c $500-600 oz. Metals has struggled for some time, but this could be finally a turning point we think for the company with the key bottleneck in the processing, the Biox plant, looking to be less of an issue going forward, allowing the company to target nameplate capacity.” I suggest the broker deliberately pulled its punches ahead of a more detailed analysis and will shortly come out with a full-blown Buy circular. Metals has the potential to make its capital repayments by the end of June with plenty to spare. And those who want to gamble on a serious pot of gold should jump in first. I believe the current quarter could see the shares catching fire. At last! So now, at a 4p offer, either average down or BUY!"
achillesheel
24/4/2018
11:00
There's a tip on shareprophets
wiseacre
20/4/2018
14:44
So 25k oz/qtr target. Provided BIOX circuit continues that target should be met easily.
sleveen
20/4/2018
14:38
Yes good report there wiseacre. I would say they have now turned the corner. We will get another update in about a month in the final results. SO not long to wait to see if this is a false dawn or the beginning of a bull run.
peterpowell21
20/4/2018
13:42
Thanks for posting that Wiseacre... it's gonna be a good weekend!
don julian
20/4/2018
13:39
Canaccord has put out this statement on today's RNS report. METALS EXPLORATION (MLT LN) – Corner turned?? BIOX throughput running at 100% is a good indicator of recovery improvement? § MTL released a statement this morning noting it has achieved and maintained 100% design throughput at its BIOX® circuit. § While clearly early days, this is a significant achievement for the company and maintaining this level of throughput will facilitate achieving higher gold recoveries. Other key points of note: § 10,593 ounces of gold were poured during the quarter. § 11,338 ounces of gold were sold during the quarter at an average realised gold price of US $1,328.14 per ounce. § Poured gold doré inventories at 31 March 2018 totalled 1,242 ounces § Should the company manage to reach name place productivity, its Runruno project could be producing 90-100kozs of gold per annum at an average cost of c.$500-600/oz View – MTL has struggled for some time, but this could be finally a turning point we think for the company with the key bottleneck in the processing, the BIOX plant, looking to be less of an issue going forward allowing the company to target nameplate capacity.
wiseacre
20/4/2018
12:06
Let you all carry on now Look forward to the next RNS . Hopefully it is better news going forward but I just think there will continuous hiccups of some sort and targets will not be met for a while yet
jailbird
20/4/2018
12:04
Best option hereSupplier chosen by BoD for the BIOX is probably in the cheapThis technology is not new after all 100% of design throughput rate after the end of the quarter within the last weekAll ready having fantasy targets for just one week of 100% throughout .. calm down boys , you get excited very easily .. guess cannot blame you , it has been a very long time coming
jailbird
20/4/2018
10:57
In my completely uniformed and totally speculative opinion Runruno will be sold within 12 months to major once a good track record is established. Everybody has had enough! Somebody smarter than me might be able to speculate a disposal price range, based on the 3P reserves and the maybe even larger potential of the unexplored majority of the property. Plus the Mo potential, if it becomes the New Lithium. But that will have to be well north of 12p.
tombarr
20/4/2018
10:51
Anticipate first broker's note from Canaccord and corporate restructuring with improved shareholder base later this year. This second quarter, now that they have sorted the Biox recovery and have a new tailings dam in place should see huge uplift in gold production resulting in a financial transformation. Target price 8p by end of July.
wiseacre
20/4/2018
10:21
Any of you other positive folk got price targets in mind?
don julian
20/4/2018
10:18
Oops... I meant 24k oz and 30M $ revenues.
don julian
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