cagey - agreed.
Ken - remember that there is a clause for which states something like...companies cannot bid on MNC for a period of 18 months if they have access to the dataroom on Los Calatos and are looking at it as a potential JV partner, or something along these lines anyway. Feel free to correct me if I am wrong for this reason I have changed my opinion and don't see MNC as a takeover candidate for a while...which may not be a bad things.
Duxy Have to admit I sold out @ 3.2 but indecision got the better of me & I bought back in @ 3.05 Expectation on my side of the fence is strong As has been said Broker quoting 19p JV in the near future + a poss takeover target. After madness yesterday hopeful of 4p today & poss 5p next week!! Good Luck.
Equivalent of 2.2p on ASX now.
JV or takeover bid for MNC?
Either way, this is heading back up to 10p
p.s. Metminco's quarterly report has just been placed on their website - looking good.
JV or takeover ?
Either way, this is heading back to 10p ...
TCMC - exactly.
Somewhere between 4p-6p per share should be sufficient for successful takeover of Metminco if prospective bidder can accumulate sufficient % in the market(buying up to 3p before bid?)
TCOMC...no probs on heads up, if we get a takeover bid who knows what price this would get to.
Looks like we may get an opportunistic takeover bid for Metminco