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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Metals Exploration Plc | LSE:MTL | London | Ordinary Share | GB00B0394F60 | ORD GBP0.0001 |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 5.15 | 0.00 | 00:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 5.00 | 5.30 | ||||
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Gold Ores | USD 166.68M | USD 119.25M | USD 0.0654 | 0.79 | 93.89M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 5.15 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 11/12/2024 | 17:32 | UK RNS | Metals Exploration PLC PUBLICATION OF SCHEME DOCUMENT |
| 11/12/2024 | 17:30 | UK RNS | Condor Gold PLC PUBLICATION OF SCHEME DOCUMENT |
| 11/12/2024 | 07:00 | UK RNS | Metals Exploration PLC Investor Presentation and Video Interview |
| 06/12/2024 | 07:00 | UK RNS | Metals Exploration PLC Investor Presentation via Investor Meet Company |
| 04/12/2024 | 13:42 | ALNC |  TOP NEWS: Condor Gold accepts takeover offer from Metals Exploration |
| 04/12/2024 | 13:05 | UK RNS | Metals Exploration PLC Recommended Offer for Condor Gold plc |
| 02/12/2024 | 20:05 | ALNC | UPDATE: Condor Gold notes Metals Exploration bid, says talks continue |
| 02/12/2024 | 11:44 | ALNC | UPDATE: Metals Exploration details GBP67.5 million bid for Condor Gold |
| 02/12/2024 | 11:19 | UK RNS | Metals Exploration PLC Further Statement re: Possible Offer for Condor |
| 02/12/2024 | 08:59 | ALNC | TOP NEWS: Condor Gold confirms bid approach from Metals Exploration |
Metals Exploration (MTL) Share Charts1 Year Metals Exploration Chart |
|
1 Month Metals Exploration Chart |
Intraday Metals Exploration Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 11/12/2024 | 18:29 | Metals Exploration - The Investors thread | 5,148 |
| 08/2/2024 | 09:19 | Metals Exploration - Positive Rewsuls 30 June 2005 | 2,079 |
| 29/8/2023 | 22:23 | Metals Explore keep em peeled | 407 |
| 09/4/2020 | 10:02 | Metals Exploration Shareholder Action Group | 18 |
| 02/1/2019 | 00:11 | Metals Exploration - Turning the corner | 472 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-12-11 17:16:53 | 5.17 | 159,934 | 8,265.39 | O |
| 2024-12-11 17:15:00 | 5.00 | 800,000 | 40,000.00 | O |
| 2024-12-11 17:15:00 | 5.22 | 1,000,000 | 52,200.00 | O |
| 2024-12-11 15:23:14 | 5.17 | 25 | 1.29 | O |
| 2024-12-11 15:21:24 | 5.17 | 25 | 1.29 | O |
| Top Posts |
|---|
Posted at 11/12/2024 08:20 by Metals Exploration Daily Update Metals Exploration Plc is listed in the Gold Ores sector of the London Stock Exchange with ticker MTL. The last closing price for Metals Exploration was 5.15p.Metals Exploration currently has 1,823,153,066 shares in issue. The market capitalisation of Metals Exploration is £93,892,383. Metals Exploration has a price to earnings ratio (PE ratio) of 0.79. This morning MTL shares opened at - |
Posted at 10/12/2024 19:58 by oilinvestoral Definitely not worthless but more like a free option IMHO. They would need to discover another 1.8 million oz on top of the 2 million in the current resource estimates in order for the CVRs to pay up. That's why I'm not including them in my assumptions.But you raise a very good point. Other than buying MTL shares cheaply by purchasing CNR rather than MTL, you also get the potential CVR upside further down the line ... |
Posted at 10/12/2024 12:38 by oilinvestoral "That's simple; I don't trust CNR management yet like the look of MTL management."-------- |
Posted at 06/12/2024 16:01 by westofengland1 That's simple; I don't trust CNR management yet like the look of MTL management. If the deal goes through, I'll buy more MTL to round up my holding. |
Posted at 06/12/2024 13:46 by oilinvestoral If you like MTL, isn't it cheaper to buy CNR and get MTL shares cheaper in that way ? Right now you can buy CNR at 28.5p£10,000 gets you 35000 shares in CNR which converts to 142,000 MTL shares and £3,465 in cash. If you bank the cash, the 142,000 shares in MTL would've cost you 4.6p / share ! A significant discount to the current MTL share price... |
Posted at 16/10/2024 10:12 by mattjos from share price Angel Morning View:Metals Exploration (MTL LN) 5.6p, Mkt Cap £96m – Record quarterly gold revenues and FCF • The Company reported 3Q24 production results posting record quarterly gold revenues and FCF. • Runruno production came in at 22.5koz at reported AISC of $1,129/oz (3Q23: 22.0koz at $1,055/oz). • 9M production totalled 65.1koz at $1,088/oz. • YTD AISC are trending below FY24 guidance for $1,175/oz. • The plant performed well treating 521kt at 1.51g/t and recovering 89% of gold (3Q23: 483kt at 1.60g/t and 89%). • Quarterly sales amounted to 21.9koz with realised prices of $2,396/z (3Q23: 22.0koz at $1,926/oz). • Quarterly revenues hit $53m with generated FCF of $28m (Q323: $42m and $19m). • The team is expecting to start exploration drilling at identified targets at the recently acquired YMC Group licenses in 4Q24 once government approvals are secured. • Through its pre-exploration surveys undertaken since taking ownership, the Company has already identified several additional drill targets from soil geochemistry and airborne geophysical data. • The Abra Project (97% economic interest) covers 16,200 hectares approximately 200km north of the Company's Runruno mine. • The Company held $10.9m in cash and no debt on the balance sheet as of 3Q24 end. • Closing cash balance accounts for $25.4m spent on buyback of RHL shares during the quarter. |
Posted at 23/9/2024 10:13 by mattjos From share price Angel Morning View:Metals Exploration (MTL LN) 5.5p, Mkt Cap £100m – Debt free status reached on robust production and higher gold prices in 1H24 • Revenue up at $91m (1H23: $90m) with lower gold sales (41.6koz v 46.2koz) compensated by higher realised gold prices ($2,190/oz v$1,939/oz). • AISC averaged $1,066/oz (1H23: $1,110/oz). • EBIT amounted to $12m (1H23: $31m) reflecting higher depreciation charge ($38m v $12m in 1H23) following an impairment reversal. • EBITDA came in at $47m (1H23: $43m). • PAT was $58m (1H23: $37m) including ~$50m in booked impairment reversals. • $50m impairment reversal together with $100m revaluation booked in FY23 has now fully eliminated the 2018 Runruno impairment. • Reversal was attributed to higher gold price assumptions and improved productivity at the Runruno mine. • Post tax CFO totalled $37m (1H23: $40m). • FCF generated was $33m (1H23: $35m) including $3.5m in capex (1H23: $5m). • The Company had £7m in cash and no bank debt having resolved all disputes repaying both the senior and mezzanine debt. • Post period the Company completed a £20m buyback covering entire shareholding of Runruno Holdings (394m shares at 5p) allowing to terminate a production fee agreement ($164/oz per oz gold produced over 204koz from May 2024). • First drilling campaign to get going at the newly acquired YMC Group properties in 4Q24. |
Posted at 12/9/2024 14:08 by goldmineralan I do not want this board to be "delightfully quiet"We have potentially the most exciting couple months ahead of us. We have managed to rid ourselves of the dreaded RHL who could dictate how the Company was run. Normally the interim accounts for the first six months are announced in the second half of September. Similarly the production figures for the 3rd quarter will be announced in the first half of October. All these figures will be very very interesting. But even more interesting hopefully Darren Bowden will up date us on 1) How MTL have managed to extend the life of Runruno Mine beyond 2026. It is due to exhaust the reserves of gold at Runruno in 2026. I think the main reason that the share price is so low is that pessimists believe there will be no income in the Company beyond 2026. 2) What is the progress on the Abra tenement, again pessimists believe there won't be any gold in this area. I believe positive information on these two fronts will double the share price up to 10p. I am an amateur on MTL, there are some far more knowledgeable experts than me I wanr these experts to share their thoughts rather than have "delightfully quiet board" |
Posted at 24/6/2024 10:08 by gary hindsight Hi marmalade Based on below extract from rns they needed to apply for a further exemptions based on mtl going over 50%?MTL (Luxembourg) S.à r.l. ("MTL Lux") currently holds Ordinary Shares carrying 43.62% of the voting rights of the Company, and the Buy Back would result in MTL Lux's (and persons acting in concert with it) holding of Ordinary Shares carrying voting rights increasing from its current level to more than 50% of such voting rights. As a result, a waiver of the obligation on MTL Lux (or any person acting in concert with it) to make a mandatory offer under Rule 9 of the City Code that would otherwise arise following implementation of the Buy Back will be sought from the Takeover Panel, and shall be subject to the passing of a resolution by independent shareholders on a poll at a general meeting to be convened in due course (the "Rule 9 Waiver"). |
Posted at 06/4/2024 08:22 by urchin1 Any guesstimates on where MTL share price may be in a few months ?THX in anticipation of a reply. |
Posted at 04/1/2024 09:15 by johnybigarms It’s the dividend statement that sent AAZ flying, once you have an income for holding MTL the price rises on that basis, AAZ rocketed and the dividend ended at around 5%If MTL can make $80 million clear per annum then at least $20 million would be paid in the form of 0.8p a share, that’s 30% of todays price, so the you can expect to 3 fold the current share price (9p) and it would return a 10% dividend to us loyal shareholders in the short term, long term will require the cash rich company to both expand current land banks or acquire new gold rich land banks, either way MTL will have both the skill and cash to run for decades, MTL being the darlings of the Philippine government with multiple mining awards, licences will be a breeze, where would that take MTLs shareprice? Huge long term upside. |
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