Mineral Sec Share Discussion Threads

[skyfoot12] 11/12/2007 23:20

Posted: Tuesday , 11 Dec 2007

[djalan] 03/12/2007 17:26

MITTAL FAMILY TRUST (KARRICK) BUILDS SHARE POSITION IN PLATMIN LIMITED

December 3, 2007

[robbie81] 03/12/2007 13:53

Skyship - chance of a double bottom at around 62.5p? Perhaps release of the annual report and figures will provide the impetous.

[pillion] 02/12/2007 15:21

Not much action, so 'while the billy boils' here is a CUO post from Hot Copper

From Fero

Hi Everyone,

Will stick my neck out here and sure someone will chop it off. But from the charts and indicators i tend to use i think CUO is at the turn around point and heading into its next upleg. Took a lot longer to get there than i had thought. Also appears the general market may also be heading up, would have felt a bit safer if the XJO had dropped a bit further as is a risk it could turn around again and drop further.
Have attached a chart of CUO and one of the XJO (asx 200). Take a look and feel free to add some opinions.

Cheers Shayne

[pillion] 01/12/2007 13:01

Skyfoot

Good find

[whealan] 30/11/2007 10:42

red river 1. There has been a full and frank exchange of views on this. See posts 20, 34, 74 & 75. Until and unless the MXX CDI's are converted into shares quoted in Oz (have they been?) I think the technical answer remains no.

[skyfoot12] 30/11/2007 10:40

Friday, November 30, 2007

1.7 Australian Dollar = 0.72566 British Pound

[red river 1] 30/11/2007 10:21

Are these isable as they are dual listed? As hsbc say they are not!

[utwiq] 30/11/2007 10:08

Well progress at least. Still a long way to go to match the Australian equivalent (which to be fair was skewed by the final trade at A$1.70). Very happy to be dragged up by the Australian market rather than down!

[utwiq] 30/11/2007 08:02

big move up in Oz; doesn't seem to have hit us yet! (which is infuriating...)

[pillion] 29/11/2007 23:44

With a Market Cap. £450 million, I'm surprised that there isn't a following on the PPN board

[utwiq] 29/11/2007 21:01

a pair of articles on platmin, MXX's major investment (its value will soon exceed the whole MCap of MXX I imagine):





(there is another around somewhere...)

[skyfoot12] 29/11/2007 14:12

wouldn't that make the company radioactive ;-)

[robbie81] 29/11/2007 13:25

Looks like we could possibly add uranium to the list of MXX commodities in a couple of years:

Minsec's 100% owned Australis Exploration has permit applications covering
approximately 34,000km2 in the Georgina Basin in Queensland and the Northern
Territory, located to the west of Mount Isa. Australis intends to commence an
exploration programme in 2008 targeting base metals and uranium.

[pillion] 29/11/2007 13:19

More from pro-active

[pillion] 29/11/2007 09:36

Courtesy of Skyfoot -- Platmin news



Platmin, which is 22%-owned by world number-three platinum producer, Lonmin, will be producing 250 000 oz/y PGMs from its flagship Pilanesberg project

[pillion] 29/11/2007 09:23

Up 4.5%
down under last night -- announcement made after close

[utwiq] 29/11/2007 08:36

good job skyship; I don't think you'll regret it, and this is cheap as chips

do you mean analysis of the results from those of us on this board or from corporate analysts? the latter are likely to be more significant!

it is very likely that we will be getting more broker attention in the next few months (per my discussion with management), at which stage the overall value (including Sappes and Loretta...) should be made more clear to the market

today's results confirm that all is on track, but don't really add much/any info

[skyship] 29/11/2007 08:27

Made my first exploratory purchase today - 10k @ 63.045p. Look forward to reading the analysis of these results.

[utwiq] 28/11/2007 09:51

I added again this morning. May do so again (on behalf of family) later today.

The discount is key here, and the discount is now at record levels. With hindsight, I should have sold directly after the merger because I made the discount at that point to be 15% or so, now it is over 50%.

Yep, every £1 you invest here gets you more than £2 in post-tax assets, calculated conservatively (ie. with Loretta at £20m rather than the £175m estimated last March [that was too high as zinc prices are lower and capital costs will have risen] and Sappes at £10m rather than £58m [assuming $800 gold and 2006 capex; the latter will have risen a lot since then]).

There are options being exercised and sold in Oz I think (per the post-merger statement), which is dampening the price, but you cannot get better (cheaper, more diversified, well managed) exposure to the precious and base metal markets. The fact that MXX is modestly weighted towards PM rather than BM is useful also, as is the large move that they're making re Platmin, leveraging into a larger stake on a near-term production play.

This is a serious buy in my view. I hold 23 resource stocks at present (down from +30) but this is my largest holding by a fair way.

[pillion] 27/11/2007 15:13

SKYSHIP
Aye, MXX on a downer that's for sure

Not easy for any Co to go against the market trend -- at least we have a good asset base

I will hang on to my holding and wait for charts to come positive before topping up

See post 279

I am only invested in MXX shares

Cash is King !!