Minco Share Discussion Threads

[marthy] 15/11/2016 14:43

And cash Fiver, We've a fistful of nice Trump US Dollars.

[lendmeafiver] 15/11/2016 13:37

Gold, silver, zinc, all in demand, even some bloomin manganese thrown in, all proven

[marthy] 15/11/2016 12:01

So do Minco, all over the place UK,Ireland, Mexico,Canada The World.

[scyther] 15/11/2016 10:31

Don't Aym actually have proven reserves?

[frost1] 15/11/2016 10:28

Anglesey has doubled in the last two days. Mio could do the same.

[ardtole] 14/11/2016 19:17

im in a similar situation sm9, there have been plenty of false dawns alright. Rowan Maule in particular peddled some nonsense regarding the pennines, rehashing the same story every 12/18 months.

Dalradian seemed to recover quickly today so we should maybe bounce back tomorrow.

[ardtole] 14/11/2016 16:37

dalradian down 15%, minco down 40%?

[lendmeafiver] 13/11/2016 10:51

You are right that it will be a 3 year wait if we are just going to hold the NSR until it's actually Revenue earning but I expect a deal will be done before that point and it's value will start to be reflected in the MIO share price in stages triggered by events like planning approval, construction funding, construction stages, mining operations, so I think it's somewhat negative to just assume it's a 3 year wait for the NSR to be reflected in anyway in the share price.

Additionally the zinc market is well into recovery so there will be deals on that side of the business at some stage also.

There are alternative mining approaches to Woodstock that should be discussed at the AGM also but don't forget MIO has a market cap of circa £6m so there is plenty of scope for re-rating.

[sm9] 13/11/2016 10:21

Only thing minco has of value in the short term is probably the 2%nsr and that years away at best..think we will be holding and saying the same things in 3 years time just like the previous 3 years..Hope im wrong but have heard every spin going of the years and still no decent or sustained movement in share price...

[ardtole] 13/11/2016 09:28

wishful thinking unfortunately. Is there a plan b?, or do we just sit tight? until the chinese resume interest.

[lendmeafiver] 12/11/2016 21:43

Even manganese?!

[richgit] 12/11/2016 21:40

Who will start the buying ?

It would seem everything Minco is involved with-is going to be in demand

Everything !!!!

[lendmeafiver] 10/11/2016 09:20

Well Dalradians financial results are out today, not long to wait:

With proceeds of almost $26 million from warrant exercises, we are well positioned to embark on further work to enhance the results of our soon to be released feasibility study. Details of this work plan will be released prior to year-end.

[bodgit] 10/11/2016 07:59

ardtole, Minco may well have nothing new to say about our 2% nsr. DALR FS expected in Q4 2016 and their planning application in Q1 2017. Looks like DALR is years away from production in any decent volume. That said, any decent good news from Minco will be welcome - and probably needed to sustain even the currently miserable share price. Good luck all.

[ardtole] 10/11/2016 05:31

I think it is going to take a deal with dalradian to give the minco share price a drive upwards. As a poster suggested on here in the past few months, even a good feasability study report from dalr might not necessarily deliver the rise in our share price that you might expect.

At least we will have a clearer picture in two weeks.

[lendmeafiver] 09/11/2016 22:56

Funny that Dalradian has not announced any news yet, would be great if an early minco NSR deal was on the cards, would be great if anyone in Dublin for the AGM could find out the views of management.

[bodgit] 09/11/2016 21:10

marthy, now that was a lot funnier than than the current Minco share price. Good luck all.

[marthy] 09/11/2016 20:25

HMMM I wonder ? Could we get Mr Trump to build a metal fence instead of a wall? To galvanize a wall that length would require a lot of Zinc and push prices up even more. Zn is now at $2490, Lead is $2150 and Copper over $5400. Two weeks Friday to AGM.

[lendmeafiver] 04/11/2016 16:24

We are close to a major re-rating I'm sure, zinc market looking good, Dalradian newsflow about to commence, nice post JDG75.

[ardtole] 04/11/2016 15:22

The question is how long before the minco share price reflects our stake in dalradian.

Further results are due from buchans/lundberg in december, it might give us an insight to what that project might be worth to us.

The contribution from the lundberg pit is more than all the other contributing mines combined, which i thought was interesting.

[jdgeus75] 04/11/2016 14:23

Market cap Minco @ 0.0135 = GBP 6.45 million (CAD 10.84 million)
Market cap Dalradian @ 0.8675 = GBP 210.23 million (CAD 353.19 million)

This means that Minco's market cap is 3% of Dalradian's market cap.

If Dalradian produces 150.000 ounces @ $1250 gold = revenue of USD 187.5 million
This results in a royalty cash flow of approx. USD 3.75 million

Lets say Dalradian can make a $400 profit per ounce = USD 60 million (I doubt that)
In this case Minco's cash flow is 6.25% of Dalradian's profit.

One could argue that for this reason alone, Minco's royalty is currently worth 6.5% of Dalradian's market cap = GBP 13.66 million (or 0.0286 per share).

This is for the royalty alone!! (not including the cash, not Xtierra, not the Newfoundland zinc projects, not the Manganese project, not the Ireland zinc projects).

I do not expect that Dalradian's gross profit will be USD 60 million but lower. This would make Minco's royalty cash flow only larger in terms of percentage.

[djb3] 04/11/2016 09:30

Probably buyers behind the seen wanting lower price. It is strange as the news yesterday was all good.

[jdgeus75] 04/11/2016 09:16

There seems to be an interest in keeping the share price at 1.25. don't know why

[marthy] 03/11/2016 12:20

Things falling into place. AGM 3 weeks from tomorrow. I'm expecting a swarm of day traders to land any minute.