Metals Exploration (#MTL) – La India first gold production “on track for December”, 2026 Runruno production forecast at “upper end” of guidance

I’d bet the ranch on Metals Exploration says Lloyd

Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDINGIN ENTRIES. Fourth up is Lloyd.

Metals Exploration (#MTL) – notes Super-typhoon Uwan impact, “gold production guidance from 70,000-75,000 ounces to 65-000-70,000 ounces”

Metals Exploration (#MTL) – “cyanide contamination impacting the BIOX circuit”, work to resolve means currently expects 2025 production “towards the lower end of the forecast range”

Metals Exploration (#MTL) – management gravy train options, warrants and LTIP

Metals Exploration (#MTL) – “in advanced-stage discussions” with Condor Gold (#CNR) re. a possible offer for Condor

Metals Exploration (#MTL) – Q2 “positive free cash flow of US$24.8 million”, “debt free following resolution of all debt disputes”

Metals Exploration: what sort of clowns run a business this way?

I am glad that young Steve and I advised our readers to bank monster three figure profits on Metals Exploration (MTL) as a share tip as it emerged yesterday that the company was run by thoroughly buffoonish amateurs. No wonder the board did not put their names to a release, instead hiding behind the skirts of PR firm Tavistock for they are revealed as total poltroons.

Metals Exploration – recent very strong share price performance, bank more than 95% gains?

We most recently wrote on gold producer from the Philippines Metals Exploration (MTL) towards the end of January, noting with the shares at a 2.8p offer price, approx. $75 million market cap, that the more than $10 million net debt reduction for even the latest quarter and the $19.9 million remaining net debt suggested value and a 4p+ near-term share price quite possible here.

Metals Exploration – Q4 update, remains a balance sheet-improving, gold production Buy

Metals Exploration (MTL) states that it “is pleased to announce its quarterly results for Q4 2023”. So what of a current 2.80p offer price for the shares in response?

Metals Exploration – how ‘pleasing’ an exploration tenement acquisition agreement?

Metals Exploration (MTL) has announced a conditional share purchase agreement to acquire a controlling interest in a tenement in the Abra area of the Philippines for $1.6 million and options for up to 41 million new shares at just 0.01p as incentive shares replacements.

Metals Exploration – interims, still a debt reduction and cash generation value Buy

Gold producer from the Philippines, Metals Exploration (MTL) has announced first half of the 2023 calendar year record results and that it “is well set for the remainder of the year” as it looks to continue to deliver strong performance from its Runruno project.

Metals Exploration (#MTL) – Chairman David Cather “resigned”, at insistence of significant shareholder “against the wishes of the majority of the board”

Metals Exploration – 2022 results, net cash generation and debt reduction value: BUY

Gold producer in the Philippines, Metals Exploration (MTL) has announced results for the 2022 calendar year noting “exceeding its guidance for gold production and at an All-In-Sustaining-Cost (AISC) of US$1,235 per ounce, below the FY2022 AISC guidance” and continuing positive cash flows. So what of the shares now at 1.93975p?

Metals Exploration – still a value recovery gold Buy after Q1 update?

Gold producer in the Philippines, Metals Exploration (MTL) has issued an update on the first quarter of 2023 and emphasised that it “is well set for the year ahead”.

Metals Exploration – Q4 report, for further recovery Buy

Gold producer in the Philippines, Metals Exploration (MTL) has issued its report for the fourth quarter of 2022, emphasising “record quarterly positive free cash flow” and “a very solid platform from which to build on in the coming year”. Good news.

Metals Exploration – Q3 update, some disappointment but also some outlook excitement

Gold producer in the Philippines, Metals Exploration (MTL) has announced third quarter of 2022 results and that “full access to mine plan Stage 3 was achieved during Q3 2022 and higher grade Stage 3 ore will be accessed during Q4”. How encouraging is this from a current 0.85p offer share price?

Metals Exploration – after Q2 update, well positioned for a strong second half?

Gold producer in the Philippines, Metals Exploration (MTL) has issued a second quarter update including that it “is well positioned for a strong second half of 2022 as the grade in the mine improves once the higher grade ore in Stage 3 is accessed”.

Metals Exploration – Q1 update, some disappointments but cash generation potential still clear

Gold miner in the Philippines, Metals Exploration (MTL) has announced an update on the first quarter of the year and that it is “well set to continue to deliver our planned strategy for the coming year”.

Metals Exploration – Q4 and full-year update, still a risk/reward Buy

Gold producer in the Philippines, Metals Exploration (MTL) has announced its fourth quarter and full-year 2021 performance and noted guidance for the current year.