Share Name Share Symbol Market Type Share ISIN Share Description
Minco LSE:MIO London Ordinary Share IE0004678326 ORD EUR0.0125
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.05p +3.92% 1.325p 1.25p 1.40p 1.325p 1.275p 1.275p 708,764 10:18:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.1 -0.0 - 6.34

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Minco (MIO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
14:35:331.4092,0001,283.40O
14:25:431.4050,000699.90O
14:22:461.40100,0001,400.00O
11:48:231.273,51244.60O
10:26:021.40100,0001,400.00O
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Minco (MIO) Top Chat Posts

DateSubject
29/9/2016
09:20
Minco Daily Update: Minco is listed in the Mining sector of the London Stock Exchange with ticker MIO. The last closing price for Minco was 1.28p.
Minco has a 4 week average price of 1.42p and a 12 week average price of 1.32p.
The 1 year high share price is 1.63p while the 1 year low share price is currently 0.43p.
There are currently 478,142,180 shares in issue and the average daily traded volume is 423,042 shares. The market capitalisation of Minco is £6,335,383.89.
29/9/2016
07:26
jdgeus75: I personally think that Dalradian's feasibility study will not have a direct impact on the Minco share price (good or bad). I may be wrong. I think it will only get reflected in the share price when we get closer to production (cash flow) or sell the NSR to another company.
28/9/2016
09:20
jdgeus75: @sm9 There is almost no liquidity in the market. So a few buyers will push it up to 1.7p. A few sellers push it down to 1.3p. Don't let the daily market price fool you and make your own decision if the market price represents the value of the company or not. If you think the company's assets are worth more than the market price, buy more. If you think the company's assets are worth less than the market price, sell your shares. If the value is really there, it will rerate at one point. I do not consider Xtierra real value for example until it gets taken out. This is because I have my doubts about the quality of the deposit. If im wrong, we will get the market price paid (Minco's market share is currently worth approx C$ 1.6 million). I would be very happy if Minco can sell those shares for C$ 1.6 million. But I do consider the NSR real value. I think is worth at least USD 15M. So I think we are undervalued on that one. I think Minco's other projects represent a lot of leverage. Those assets are like an out of the money option that has no expiry date. If the zinc prices continue to rise those zinc projects can become very valuable in a couple of year. If at any time in the future demand for electrolytic manganese metal starts to increase, that Woodstock project may be worth hundreds of millions. And last but not least, Minco has some exploration projects that are difficult to value. The upcoming drill results can make a big difference or can be disappointing and not add any value. So to summarize: I recommend not to focus on the daily share price changes but ask yourself the question if Minco's assets are worth more or less than ~GBP 6 or 7 million, and what is the upside and downside based on your analysis.
19/9/2016
12:09
lendmeafiver: Nice spot jdgeus, an early deal with MIO seems like the most obvious thing to do with any excess cash. MIO share price is certainly looking strong, never seen such a small spread here.
19/9/2016
08:50
jdgeus75: @sm9 The 5 million shares trade was reported on Friday but the transaction took place on Wednesday. Wednesday the share price started the day at 1.35 and closed at 1.45. So the transaction price was exactly the average daily share price and was not reported during the day. I see the 5 million share transaction as a buy because how much volume did we really see on or above 1.40 over the last 12 months? I guess that 99.5% of all trade value was under 1.40 for the last 12 months.
03/9/2016
14:17
lendmeafiver: I agree sm9, if you were Dalradian you would be crazy to wait until full approval and build underway, especially if you took a look at the MIO market cap at £6m, I would just offer MIO £10m of Dalradian equity now, given the current MIO price the board would struggle to turn it down.
03/9/2016
13:14
sm9: Only a matter of time before this is reflected in mio share price, think the next month or so we will mio around 2p...i personnaly think daldarian will buy out mio percentage then they have a clear run without anyone, and they would want to do this before planning otherwise it alot lot more......
16/4/2016
19:22
lendmeafiver: Just seen the dalradian share price, it's risen significantly of late, am I right in saying they now have a market cap of over £130m, whilst we have a (NSR) stake in their single project of focus yet MIO is valued at a total of circa £4m, if so the MIO share price is getting ridiculous now.
12/4/2016
14:49
jdgeus75: A few weeks ago I posted a Net Present Value calculation of Minco's Net Smelter Royalty on Dalradian's project. That calculation showed an absolute minimum valuation of GBP 5.963 million (only the NSR - not considering Minco's cash and other assets). There are other ways of trying to value such a royalty. Since a 2% Net Smelter Royalty will not cost you anything to build the mine (CAPEX), and will not cost you anything to produce gold (OPEX), it must always be valued higher than a working interest. So that is a guarantee that the 2% NSR is worth more than 2% working interest. 2% of Dalradian's share price is currently: GBP 2.500.000. I would prefer a 2% NSR over a 5% working interest. A 5% working interest in Dalradian would be worth GBP 6.25 million based on Dalradian's market cap. Minimum Minco value (very conservative) = 2% NSR + Cash + Other assets Minimum Minco value (very conservative) = 6.25 + 2.00 + 1.00 = 9.25M Minimum Share price = Market cap / number of shares Minimum Share price = 9.250.000 / 478.200.000 Minimum Share price = GBP 0.0193 Minimum upside = 93%
16/3/2015
19:01
bodgit: Yes, I am still alive, which by the looks of things is more than can be said for the MIO share price. No idea what is happening (beyond the drip drip drip falling back of the SP)though would hope for some news soon - and may it be good news too. Buchans and the manganese looking like the best short term hope for news with North Pennines looking like a good idea but little else and XAG all but dead in the water and Dalradian moving on but years away from any NSR for us. Meanwhile, the cash burn continues. Good luck all.
19/11/2013
07:22
bodgit: ardtole, I can and do deny the results so far are impressive. I am far from impressed though I remain hopeful that further drill results will reveal impressive results. Xtierra share price again going South and who knows whether we will get anything out of it of value to Minco shareholders. In the meantime, good news is needed to sustain the MIO share price. A TSX listing may help. Good luck all.
Minco share price data is direct from the London Stock Exchange
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