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MVA Minerva Res

0.70
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Minerva Res LSE:MVA London Ordinary Share GB0033826206 ORD 2.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.70 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Minerva Res Share Discussion Threads

Showing 76 to 98 of 150 messages
Chat Pages: 6  5  4  3  2  1
DateSubjectAuthorDiscuss
03/6/2008
07:56
sellers seem to be pulling this back
tippingpoint
03/6/2008
06:17
figure look fairly good...compared to many producing gold mines.
ceckyspunt
03/6/2008
06:15
Drilling report out this morning.


How good are they? They mention something about a "new gold province" which sounds pretty bullish.

hugepants
25/5/2008
21:33
I imagine they have some assay feedback but not enough for an rns, hence they couldt buy at the moment imho
tippingpoint
25/5/2008
19:35
Thanks HugePants, but when you say If they know more than this then it would look bad if they piled in just before announcing some stonking news.

- I'm not so sure about that which is why I mentioned the Palladex 20p options. It could be construed as great news that they didn't pile in as they're reasonably confident of being able to exercise their options over a year or two (here's hoping!). But otherwise, wouldn't existing holders simply have cheered on some Director buying at c.4p as a demonstration of confidence?

gingerplant
25/5/2008
15:10
The way I read from the last few RNSs' is the directors are pretty optimistic but no more than that (they mention finding nuggets 1cm in diameter on the surface for example). If they know more than this then it would look bad if they piled in just before announcing some stonking news.
hugepants
25/5/2008
06:17
Paul,

If there's a general expectation that the assay results are favourable - any idea why was there no Director buying before the close? Do the previous options at 20p still hold? Even if they do, the Directors' holdings within the bounds of reality around the current price are negligible.

gingerplant
20/5/2008
13:58
The story with MVA is how good will the long awaited assay results for Tuli Capi be.

There are a stack of them piled up at the labs from drilling late last year through to current.

If a large batch come through together and if they are as good as MVA imply, we will see instant re-rating of share price.

The next MVA drilling update should be very revealing - in view of long long wait there should be numerous assay results

Cheers

Paul

ghhghh
20/5/2008
12:22
Cash burn around 1.5M per annum? If so then enough till next summer.
hugepants
20/5/2008
11:55
...We are also currently reviewing the future of our remaining interests
in Kyrgyzstan, namely our contract drilling business, with a view to
possible disposal....


Any guesstimates as to the value of the above?

Also what is the current cash burn? They had £1.3M at end sept 2007 but have since raised another £1M. So how much cash currently and how long before they need to raise more?

hugepants
13/5/2008
15:06
Willyworm2 - It's an introduction for a new potential investor. He says how Minerva was formed last year, that they do gold and platinum and where they do it.
sbs
13/5/2008
15:00
Willyworm, it's not worth the effort. Terry gives a brief 29 second talk in which he explains what Minerva is and their prospects. It's nothing more than something you might read on Minsite to introduce the company. I wouldn't expect the recent buying to be on the strength of that.

Something IS stirring here. Maybe news is close. They've got some drilling announcements to make as they have been delayed.

dogberry202000
13/5/2008
14:30
db

thanks, can't get streaming media at the moment but sounds as if its not worth the effort

willyworm2
13/5/2008
13:52
Ok who's the comedian who sold 150,000? (or maybe its a buy from earlier)
hugepants
13/5/2008
13:44
Lol! Shurely some mistake!
dogberry202000
13/5/2008
13:29
Well FWIW, I bought in this morning - so that should signal the death knell once and for all.
gingerplant
13/5/2008
13:15
It's pretty basic, Willyworm. Nothing that you don't already know. Click on "this video" and not the later link.

Added some today.

dogberry202000
13/5/2008
13:05
sbs

can you give us a sumary of the video?

thks

willyworm2
12/5/2008
15:02
Terry Ward, MD of Minerva Resources, talks about his company in , filmed at the recent show.
sbs
12/5/2008
09:05
Small buys and a sell - something is stirring here.
dogberry202000
28/4/2008
11:15
chairmans address
hugepants
03/4/2008
07:51
Some comment on results here:
hugepants
02/4/2008
14:28
PG

Fair point on the shaes in issue. Sloth encouraged me to use the ADVFN data.

Even so, 111.7m at 3.5p (I prefer to take the bid) is value if c£3.85M

Add c£1m from today's sale to the £1.3m in cash on hand at the end of September to give c£2.3M gives mining licences of £1.5m.

Not sure whether the licences are worth it or not, but c2.5p of the share price is 'underpinned' by cash.

willyworm
Chat Pages: 6  5  4  3  2  1

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