Nurse more meds for the patient with Amaroq Derangement Syndrome.I am not ramping a dividend just saying Id like one.The thins are always narrow but high grade and with a drilled resource of ,more than 500,000 oz on which there is consistent data your claims just do not bear any scrutiny at all
The cynic in me says it is premature to ramp a divi when you haven't seen the FY figures. Mining isn't easy, especially in Greenland, and while they have doubtless polished every turd for the move to the main market, I fancy a few problems may now arise. I also suspect they may now have to contend with tougher ground and a thinner seam if they took the low-hanging fruit first.
as you know I rarely drink. . badly phrased. im trying to say the cash that Amaroq will have to sit on, spend on capex, exploration dividends etc will come from profits it makes after tax which are its retained earnings
Schoolboy howler alert, “the cash comes out of retained earnings”? No it doesnt. You were doing so well up to that point. You sound as though you have been drinking which may be the reason, but as you well know, cash and earnings/profits have nothing to do with each other. Say ten Hail Marys.
Mcap £12M largely underpinned by £9.6M receivable from Recyclus. Or it was until 0700 this morning.What is MNTL left with if Recyclus does go bust / into new hands via liquidation? The largely paper acquisition announced 30 September, and...... er, that's it.That external funder can set whatever terms it likes for the D4E. MNTL either accepts those terms or the funder has the 9 o'clock appointment with the liquidator and can pay its fees and pennies in the pound to the secured creditors, and the liquidator will be duty bound to accept a quick and dirty sale to preserve the jobs.
amount owed to taxman rose from 319k at 30/6/24 to 861 a year later. Given how it has now defaulted on payment plan I think my guess that it is a 7 figure sum is an educated onei agree suspension is subjective. But TM1 would not itself go bust if recyclus did so it is not a pending clarification of ITS final position time yet.
MNTL puts out a RNS using the Adam Reynolds keyboard which you think covers an outstanding winding up petition for "a seven figure sum" (your guess) that it can give no certainty it will see off via an external funder.... and yet you don't believe the shares should be suspended pending clarification of the company's financial position?Whatever you say.You've called for suspension elsewhere over much less.
