We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Mineral Sec | LSE:MXX | London | Ordinary Share | VGG614341094 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 29.00 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
31/1/2008 14:04 | mo Beware!! rampers galore | pillion | |
31/1/2008 11:27 | Whealan,I sure hope you're right. | nutt | |
31/1/2008 10:20 | Minsec is clearly in play. Let's hope one of the big boys sees the value there is . | whealan | |
31/1/2008 06:04 | pillion ... post 362...where'd that come from exactly, please? cheers | mr.oz | |
30/1/2008 22:39 | I suspect it was pushed by Crespo to give him a larger company to boss | pillion | |
30/1/2008 19:11 | I have a strong feeling that this is being driven by the banks. The $45m facility has only been extended to the end of April and the merger is scheduled to be agreed only shortly before that. It looks a very good deal for Copperco but may be Hobson's choice for Minsec. It is worth reading the Bidding Agreement which can be read on the MXX website to get a flavour of the deal. It was clearly drafted by Copperco's lawyers! | whealan | |
30/1/2008 10:49 | From HC an Oz bull-board the value for the MXX / CUO merger is dwindling by the day. based on CUO's close today the deal values MXX at $1.29. who is benefiting out of the merger? doesn't appear to be MXX shareholders. have a look at the Annual Report - specifically the CEO's report that said as at 14 Dec the value of MXX's assets was $385m USD. i know that the value of these stocks has diminished quite rapidly but hell even the 20m odd Platmin shares have a value of approx $160m CAD at their current $8CAD share price. There are approximately 150m shares on issue so at current prices its MC is approx $200m. add to this the $50 worth of CUO shares, $28m worth of TGF, $15m worth of NIP, $16m worth of BKG (all at current prices)and excluding other assets (lady loreta and various other gold plays and investments), can someone please explain how $1.29 worth of CUO shares is a good deal for us? sorry for venting and rambling but i am one disgruntled option-holder that is seriously considering not exercising my options tomorrow. | pillion | |
29/1/2008 17:54 | Be difficult to beat the previous name, Scarborough -- after a convict ship ...remember this......... | pillion | |
29/1/2008 16:20 | This is about cash in a hot climate. Pity we have to share the potential of Minsec's undervalued assets though and quite how the merger will "unlock latent value" escapes me for the moment. I would hope that "New Copperco" is legalese and that they will come up with a decent name which indicates better its aspirant mining house nature. Any ideas? | whealan | |
29/1/2008 13:39 | MXX already hold 20% of Copperco This is a merger for the directors benefit inho Soon be fourth time lucky.............. | pillion | |
29/1/2008 11:37 | Any guesses how much net cash flow 25,000 tpa copper prod at Lady Annie is likely to leave for investment? My gut feel is that this is good for prospects at Lady Loretta. Keith Liddell is the key man at Platmin, so there may come a second bite at the cherry. | clearsoup | |
29/1/2008 10:54 | GH It appears that the third tranche was subject to credit availability........ cancelled rather than postponed We may have paid an option premium The merger is more in favour for the directors imho A large spread this am 60 -- 65 | pillion | |
29/1/2008 10:38 | Pillion Do you know the terms of the Platmin purchase? Can MXX just walk away from the deal? Are there penalties for doing this? Or are they really just postponing it? | greenhorse | |
29/1/2008 01:18 | Platmin update MinSec also announced today that it has suspended the credit application process in respect of a facility to fund the C$70.5 million consideration for the purchase of approximately 7.1 million Platmin shares due under the terms of the Share Purchase Agreement with CDC Group PLC ("CDC") announced on 9 November 2007. This suspension has resulted from the terms of the proposed facility becoming commercially unacceptable following recent declines in the price of shares generally and Platmin in particular. | pillion | |
29/1/2008 00:49 | Yet another take-over !! The Directors of CopperCo Limited ("CopperCo") and Mineral Securities Limited ("MinSec") today announced an agreement to merge the two companies to create a diversified global resource company with interests in base and precious metals including: copper, zinc, lead, platinum and gold. The merger, which will take place by way of a recommended takeover offer by CopperCo for all of the shares2 in MinSec (the "Offer") values the equity of the combined group on a pro-forma basis at approximately A$530 million.3 Overview of the merger CopperCo will offer MinSec shareholders 2.2 CopperCo shares for each MinSec ordinary share they hold. The implied value of the Offer for each MinSec share is: A$1.436, a premium of 2.1% to the closing price of MinSec shares on ASX of A$1.40 on 25 January 2008; A$1.417, a premium of 6.9% to the volume weighted average of the closing prices on ASX of MinSec shares of A$1.32 for the 1 week period leading up to and including 25 January 2008; and A$1.598, a premium of 9.6% to the volume weighted average of the closing prices on ASX of MinSec shares of A$1.45 for the 1 month period leading up to and including 25 January 2008. CopperCo will also offer to acquire or cancel unexercised MinSec | pillion | |
25/1/2008 10:41 | New out today Mineral Securities Limited Annual Report 2007 Accounting for a second reverse takeover in two periods means our financial statements continue to be difficult to comprehend, even by a Chartered Accountant like me. To mitigate the above we have attempted in the notes to the financial statements to clarify as much as we can to our shareholders, but I fear the financial statements may still overwhelm many of you who read them. | pillion | |
23/1/2008 18:24 | I wonder how they managed to delay the 3rd tranche by a month ? | pillion | |
23/1/2008 16:46 | Having exercised my MXX options I just hope they will get funding for the delayed Platmin 3rd tranche without giving away the shop. Quite a feat if they do in the current climate, it seems to me. | whealan | |
23/1/2008 16:22 | Platmin appoints Manager of Mining Tuesday, January 22, 2008, 08:25 AM Platmin ( AIM: PPN ) announced the appointment of Cobus Bronn as Manager of Mining. Mr. Bronn previously spent 15 years with Lafarge South Africa.............. | pillion | |
22/1/2008 15:29 | 21/01/2008 Platmin says flagship Pilanesberg project on track LONDON (Thomson Financial) - Platmin Ltd said progress toward construction at its South African Pilanesberg PGM Project is now firmly on track. The mineral exploration company said in July 2007 that the Pilanesberg feasibility study on two open pit mines, Tuschenkomst and Ruighoek, confirmed Pilanesberg as a "robust" project. The company said Cobus Bronn is joining from Lafarge South Africa to be Manager - Mining for the group and that he will initially focus on the Pilanesberg project. "Cobus's extensive operational expertise and experience particularly with open pit mines will stand us in good stead as we progress our flagship Pilanesberg project, building up to production in the first quarter of calendar 2009," Platmin chief operating officer Terry Holohan said in a statement. TFN.newsdesk@thomson | pillion | |
22/1/2008 13:05 | These quality resource stocks will all come back up. Quicker than folk think as well. | drewz | |
22/1/2008 13:01 | Nutt I am holding, however in answer to my header question Third time lucky, will Robert de Crespigny make us rich? (MXX) The answer is no, he's made us much poorer I only have shares in MXX so no big deal Premium Bonds and fixed rate deposits will do for me jal | pillion |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions