Metals Exploration (“MTL”) has entered into an agreement to acquire a secondhand plant for US$9.7m which will be funded from cash and cashflows with staged payments over the next 6 months. The plant will be re-assembled at the newly acquired La India project in Nicaragua. This is in line with management’s comments and should maintain the momentum towards first production in 2027. The main catalysts should be meeting guidance at Runruno in the Philippines, hitting development milestones at La Ind ....
