Platinum Mining Of India Share Discussion Threads

[trop] 19/10/2006 20:08

WHITE KNIGHT PLEASE !

[superdonkey] 19/10/2006 11:46

Up for sale, going cheap, only one previous owner, will take offers!!!!!

Appointment of Adviser

RNS Number:7118K
Platinum Mining Corp of India PLC
19 October 2006


PLATINUM MINING CORPORATION OF INDIA PLC

APPOINTMENT OF ARGENT PARTNERS LIMITED


19 October 2006

Further to the announcement dated 17 October 2006 in which the Board of Platinum
Mining Corporation of India PLC ("PMCI") strongly advised PMCI shareholders not
to accept the unsolicited offer of SPI Partners Limited ("SPI"), the Board of
PMCI has appointed Argent Partners Limited ("Argent Partners") to assist it in
exploring suitable alternatives in order to maximise value for all shareholders.

Argent Partners is an independent corporate finance advisory firm focussed on
the provision of strategic and financial advisory services to clients in the
global mining and metals processing sector.

As previously announced, a circular setting out the Board of PMCI's detailed
response to SPI's offer document and its advice to PMCI shareholders will be
sent to shareholders shortly.

The Board of PMCI reiterates its advice to shareholders to reject the
unsolicited offer, made at a price which significantly undervalues PMCI's
potential. The Board urges shareholders not to complete the form of acceptance
which accompanied SPI's offer document.


Enquiries to:

Malcolm Groat
Platinum Mining Corporation of India PLC
Telephone: [phone]

Paul Dudley / Peter Jackson
W.H. Ireland Limited
Telephone: [phone]

Andrew Simkin / Torben Thordsen
Argent Partners Limited
Telephone: [phone]

Keith Irons
Bankside Consultants
Telephone: [phone]

[money4me] 18/10/2006 18:52

no - still waiting for a better offer, or PMCI management to actually do something useful

[trop] 17/10/2006 21:43

anyone selling ?

[trop] 13/10/2006 21:32

no comment !

[money4me] 12/10/2006 19:23

what the hell are they up to now??

[neiljones] 12/10/2006 14:12

Did I read that announcement correctly???
Nothing there??

[krazykid] 10/10/2006 10:09

Well this has been stopped this in its tracks, volume none existant...surprise surprise.

[money4me] 08/10/2006 12:08

anyone heard any news??

[mujahid2] 29/9/2006 22:54

pmci should allow newberry and pickering back on board and buy them out.

[stu31] 29/9/2006 19:27

This is down to Newberry and Pickering so 50% of shares are already committed to the bid..presumably now that they are off the board they want a quick exit and substantial profit from their holding..I don't know their entry price in this but I suspect it is 1p or so..this bid will succeed or fail depending on the entry price of the other 50% of the shares..personally I can't be bothered to check it, does anyone remember off the top of their head?

[mujahid2] 29/9/2006 17:17

put the share price to 22p then invite offers at the least.

268p

[money4me] 29/9/2006 17:11

excellent - I am happy to take 50p per share and move on

[superdonkey] 29/9/2006 16:15

Interesting times ahead!!!

Platinum Mining to unanimously reject proposed offer from SPI

LONDON (AFX) - Platinum Mining Corp of India PLC said it intends unanimously
to reject the proposed unsolicited offer from SPI Partners Ltd for the company,
which it believes "significantly undervalues" Platinum Mining.
Yesterday, Montrose Partners LLP announced on behalf of SPI Partners of its
firm intention to make an offer for Platinum Mining at 12 pence per share.
It urged shareholders to take no action at this time.
[e-mail]
joy

[mujahid2] 29/9/2006 14:48

Unless SPI allows shareholders to keep shares.

[money4me] 29/9/2006 14:47

been done over good and proper - I'm sure the directors etc will be getting plenty for ther fine efforts

[mujahid2] 29/9/2006 11:17

They need to get people bidding for it to take shareprice higher!

(put a bid in someone)

[superdonkey] 29/9/2006 10:53

Not a forgone conclusion!!!!

Statement re Offer

RNS Number:6965J
Platinum Mining Corp of India PLC
29 September 2006



Platinum Mining Corporation of India plc

("the Company")



Offer on behalf of SPI Partners Limited ("SPI")



29 September 2006


The Board of the Company refers to the cash offer announced yesterday (the
"Offer") pursuant to the City Code on Takeovers and Mergers (the "City Code") to
be made by Montrose Partners LLP on behalf of SPI under which Montrose Partners
LLP will offer to acquire all the ordinary shares of the Company not already
owned by SPI or its associates.



The Board will consider the terms of the Offer with its advisers and will make a
further communication to shareholders in due course. In the meantime, the Board
advises that shareholders should take no action in relation to their shares in
the Company.



Enquires to:

Malcolm Groat, Director
Platinum Mining Corporation of India PLC
Telephone: [phone]

Keith Irons/Simon Rothschild
Bankside Consultants
Telephone: [phone]

Paul Dudley/Peter Jackson
WH Ireland Limited
Telephone: [phone]

[hermana] 29/9/2006 07:01

stu,in other words,no!

[stu31] 29/9/2006 01:19

Only in a fair and honest world.