Metals Exploration Share Discussion Threads

[leopoldalcox] 18/7/2023 22:02

I've sold a good amount of my holding here. I still hold a decent amount, but 2 things are concerning to me. 1. Dispute over interest rate in the remaining, formally mezzanine, debt. 2. Drilling results in last results disappointed. Still think there is potential for this to move higher, but those 2 points have lead me to reduce

[clivee1] 18/7/2023 21:08

Many thanks for your useful comments

[marmalade44] 16/7/2023 23:06

What a stunning lack of understanding you have about the company you have invested in Clive.

It is currently predicted that the life of mine will run to 2027 and the current exploration drilling may prove that the life of mine can be extended to 2030 with mining at current levels.

Expertise and management skills will not be able to magically boost the share price to the ridiculous levels that you are suggesting.

[clivee1] 16/7/2023 21:52

MTL have the expertise and management skills to extend the LOM up to 2025

VGLA LTH

[clivee1] 16/7/2023 21:06

Additionally, very èxta good luck to all extremely long term holders who bought in at 35 pence.

35 pence in 2025 imho !!!

[marmalade44] 16/7/2023 20:50

When the debt is cleared the remaining gold will bring in £200m cash over the remaining life of the mine.

Good luck trying to find someone willing to pay 10p a share between now and the end of life of the mine.

[clivee1] 16/7/2023 20:50

Upman ~ totally agree with you.

VGLA

[upman] 16/7/2023 16:53

No reason this can't be a 200m Mc business in time which is around 10p

[marmalade44] 14/7/2023 20:40

He'll be hanging on to his shares for a very long time before they get to 9.5p.

Spouting unfounded nonsense like his idol on the other forum.

[baddeal] 14/7/2023 19:39

700m mkt cap, blimey you're an optimist.

[clivee1] 13/7/2023 23:00

Well done matt but don't expect an instant return on your investment in MTL.
Short term 9 pence.
Long term 35 plus
Imho

[mattjos] 13/7/2023 15:26

fwiw, i declare myself as having been buying some over the course of this week

[clivee1] 13/7/2023 15:17

Now have exactly 9 million MTL shares at an average price of 1.58 pence. I am not going to sell any of them until they reach 9.5 pence.

No spare money left ~ but when I am in funds again, I will top up on KOD ~ HUM and Shanta.

VGL all LTH

[clivee1] 13/7/2023 12:47

I will be happy to get out at 9.5 pence

[danny500] 12/7/2023 23:28

clivee1

go on then tell us whats your wildest dreams here, best case scenario,

Im invested

[clivee1] 12/7/2023 20:27

Now going to try and be sensible with MTL buys.
Have a limit order of 200,000 shares to buy with HL at 1.875 for tomorrow. If goes through then will have 9 million. Time to sit back and wait ..GLALTH....

[scorpione] 12/7/2023 16:12

many thanks for your prompt response clivee1. I'll have a look on there.

[clivee1] 12/7/2023 15:47

Apologies.
Read all his comments on the London South East Lse bullein bods. Sorry for not being clearer.
Vgl

[scorpione] 12/7/2023 15:25

clivee1 - That's very impressive to have built up a stake that magnitude! Perhaps I'm not going back far enough, but I am unable to find comments by "Retired Hopeful" which have caused you to invest so much in MTL? It would useful to have a number please?

[clivee1] 12/7/2023 13:47

I have been buying MTL since June 2022. Now have 8,800,000 of them at an average price of 1.57 pence.

Strongly hoping that the Senior Debt will be considerably reduced when the next RNS is announced in the next few days.

MTL is a slow burner ~ but I have patience. I only starting buy these just over one year ago, after reading the logical and interesting comments made by "Retired Hopeful".

GLALTH