Metals Exploration (“MTL”) has released its Q3’22 update, with gold output of 15.7koz, exceeding H&Pe despite several previously flagged operational headwinds that are largely expected to clear into Q4. As a result, quarterly free cash flow came in at US$4.1m, allowing a US$3.5m senior debt repayment. Q4 is expected to be MTL’s best quarter result for the year, with full year guidance expect to be at or slightly below the lower range (~67koz). MTL expects to have fully repaid the outstanding US$ ....
