ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

PMCI Platinum Min

17.11
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Platinum Min LSE:PMCI London Ordinary Share GB00B06T2F98 ORD 0.045P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 17.11 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 17.11 GBX

Platinum Mining Of India (PMCI) Latest News

Real-Time news about Platinum Min (London Stock Exchange): 0 recent articles

Platinum Mining Of India (PMCI) Discussions and Chat

Platinum Mining Of India Forums and Chat

Date Time Title Posts
31/1/200809:18Platinum Mining Corporation of India794

Add a New Thread

Platinum Mining Of India (PMCI) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Platinum Mining Of India (PMCI) Top Chat Posts

Top Posts
Posted at 31/1/2008 09:18 by nickcduk
Closed the last of my short in PMCI out this morning at 11.5p. That pump and dump upto 40p had to be the short of the year last year. It was absolutely crazy. Still have no idea who or what triggered it but am just grateful that it occurred. About fairly priced around current levels imo.
Posted at 24/10/2007 17:03 by superdonkey
Wakey Wakey everyone:

Platinum Mining to buy 20 pct stake in Majormatic for 1 mln usd




LONDON (Thomson Financial) - Platinum Mining Corp of India PLC (PMCI) said
it has agreed to buy a 20 pct stake in Majormatic167 Ltd for 1 mln usd which
will be re-invested in an exploration programme.
The company said Majormatic has been granted the prospecting rights over the
Naboom Platinum Deposit in South Africa. Majormatic will use the investment to
fund the first phase of exploration at this deposit which will start in
October/November.
If results from this exploration are sufficiently promising, the share
subscription agreement allows PMCI to increase its stake to 51 pct by investing
a further 3.5 mln usd in more extensive exploration.
The investment will will be funded by PMCI's own cash resources.
Chairman Philip Adeane said the investment will diversify the company's
asset base. It expects the initial exploration to be completed by the year end.
Posted at 20/7/2007 15:09 by nickcduk
The shares would have to halve and then some for the director to lose money on his purchase. A statement is unlikely. I rang the company up earlier to be told the company secretary is on holiday for 2 weeks. I would imagine not a lot is likely to be going on with him off on holiday. The lady who I spoke to said she had no idea why the share price had gone up. No news was in the pipeline as far as she was aware. Im not sure what triggered the heavy buying this week but im waiting for a little burst higher before selling a few more.
Posted at 20/7/2007 14:57 by mikehardman
'bout time for an RNS along the lines of 'the directors notice the movement in the share price...', innit?!
Posted at 17/7/2007 08:40 by bogg1e
Excaliber, try PLAA, RDG, JLP. Although none of the other platinums are showing the outrageous movement that pmci is. I dont hold pmci, never heard of them til yesterday. Im holding JLP and looking at your chart i get the feeling i backed the wrong horse!! Good luck.
Posted at 11/12/2006 09:56 by superdonkey
Own up who sold?

Platinum Mining Offer Update


RNS Number:5822N
Montrose Partners LLP
08 December 2006


THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO
CANADA OR JAPAN
PRESS ANNOUNCEMENT
FOR IMMEDIATE RELEASE 8 December 2006
CASH OFFER
BY
MONTROSE PARTNERS LLP
ON BEHALF OF
SPI PARTNERS LIMITED
FOR
PLATINUM MINING CORPORATION OF INDIA PLC
OFFER CLOSED

On 28 September 2006, Montrose Partners LLP ("Montrose Partners") announced a
cash offer on behalf of SPI Partners Limited ("SPI") to acquire the entire
issued share capital of Platinum Mining Corporation of India PLC ("PMCI") not
already owned by SPI on behalf of SPI (the "Offer"). The offer document setting
out the full terms of the Offer (the "Offer Document") was posted to PMCI
Shareholders on 13 October 2006.

On 23 November 2006 the Offer was declared unconditional in all respects.

1.00 pm on Friday 8 December 2006 was the final closing date for acceptances of
the Offer.

SPI announces that, as at 1.00 pm on 8 December 2006, valid acceptances of the
Offer had been received in respect of a total of 141,962,019 PMCI Shares,
representing approximately 80.82 per cent. of PMCI's existing issued share
capital. This total includes acceptances received in respect of 51,984,000 PMCI
Shares (representing approximately 29.6 per cent. of PMCI's issued share
capital) which were subject to irrevocable undertakings to accept the Offer from
Mr Steven Newbery and Ms Lisa Pickering.

As disclosed in the Offer Document and the announcements on 3 November, 20 and
23 November 2006, SPI owns 28,855,008 PMCI Shares representing approximately
16.42 per cent. of PMCI's existing issued share capital. None of the PMCI Shares
owned by SPI are included in the total number of valid acceptances received as
at 1.00pm on 8 December 20066.

Accordingly, as at 1.00pm on 8 December 2006 SPI owns or has received valid
acceptances in respect of 170,817,027 PMCI Shares representing approximately
97.25 per cent. of PMCI's existing issued share capital.

The Offer has not been extended beyond 8 December 2006 and accordingly is now
closed.

The consideration payable to PMCI Shareholders who have accepted the Offer will
be posted (in respect of PMCI Shares held in certificated form) or settled
through CREST (in respect of PMCI Shares held in CREST) in accordance with the
Code.
Posted at 05/12/2006 16:46 by superdonkey
SPI does not intend to delist:

SPI has decided that even if sufficient acceptances are received by 1.00pm (London time)
on 8 December 2006 it does not intend to (i) acquire compulsorily the remaining
PMCI Shares to which the Offer relates or (ii) procure the making of an
application by PMCI to the London Stock Exchange for the cancellation of the
admission of PMCI Shares to trading on AIM. Accordingly, if PMCI Shareholders
wish to remain as shareholders in PMCI they may do so and SPI will endeavour,
subject to the rules of AIM, to ensure that the listing of PMCI on AIM is
maintained.
Posted at 29/11/2006 14:19 by superdonkey
SPI have a strange definition of the word "opinion"

Abstract from news release 23 November:
SPI reserves the right, if sufficient acceptances are received by 1.00pm (London
time) on 8 December 2006 to (i) acquire compulsorily the remaining PMCI Shares
to which the Offer relates on the same terms as the Offer and/or (ii) exercise
its rights to procure the making of an application by PMCI to the London Stock
Exchange for the cancellation of the admission of PMCI Shares to trading on AIM.

Abstract from News release 29 November:
SPI has not, during or prior to the offer period, expressed an opinion on
whether it would wish to (i) acquire compulsorily the remaining PMCI Shares to
which the Offer relates or (ii) procure the making of an application by PMCI to
the London Stock Exchange for the cancellation of the admission of PMCI Shares
to trading on AIM. Following the PMCI announcement of 24 November 2006, SPI has
Posted at 29/11/2006 12:02 by superdonkey
SPI to keep AIM listing:

Offer Update

RNS Number:9018M
Montrose Partners LLP
29 November 2006


THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO
CANADA OR JAPAN

PRESS ANNOUNCEMENT

FOR IMMEDIATE RELEASE 29 November 2006

CASH OFFER
BY
MONTROSE PARTNERS LLP
ON BEHALF OF
SPI PARTNERS LIMITED
FOR
PLATINUM MINING CORPORATION OF INDIA PLC

On 23 November 2006 it was announced that as at 1.00pm on 23 November 2006 SPI
owned or had received valid acceptances in respect of 111,114,224 PMCI Shares
representing approximately 63.26 per cent. of PMCI's existing issued share
capital.

The announcement also stated that, SPI reserved the right, if sufficient
acceptances were received by 1.00pm (London time) on 8 December 2006 to (i)
acquire compulsorily the remaining PMCI Shares to which the Offer relates on the
same terms as the Offer and/or (ii) exercise its rights to procure the making of
an application by PMCI to the London Stock Exchange for the cancellation of the
admission of PMCI Shares to trading on AIM.

On 24 November 2006 the board of PMCI announced that it recognised that control
of PMCI had effectively passed to SPI.

In that announcement the board of PMCI also advised PMCI shareholders who had
not accepted the Offer to "consider carefully the risks of not accepting the
Offer, including the fact that they could become minority shareholders in a
company controlled by SPI without any market for their shares in PMCI".

As at 1.00pm on 28 November 2006 SPI had received valid acceptances in respect
of 90,156,140 PMCI Shares representing approximately 51.33 per cent. of PMCI's
existing issued share capital. Accordingly, as at 1pm on 28 November 2006 SPI
owned or had received valid acceptances in respect of 119,111,148 PMCI Shares
representing approximately 67.82 per cent. of PMCI's existing issued share
capital.

SPI has not, during or prior to the offer period, expressed an opinion on
whether it would wish to (i) acquire compulsorily the remaining PMCI Shares to
which the Offer relates or (ii) procure the making of an application by PMCI to
the London Stock Exchange for the cancellation of the admission of PMCI Shares
to trading on AIM. Following the PMCI announcement of 24 November 2006, SPI has
decided that even if sufficient acceptances are received by 1.00pm (London time)
on 8 December 2006 it does not intend to (i) acquire compulsorily the remaining
PMCI Shares to which the Offer relates or (ii) procure the making of an
application by PMCI to the London Stock Exchange for the cancellation of the
admission of PMCI Shares to trading on AIM. Accordingly, if PMCI Shareholders
wish to remain as shareholders in PMCI they may do so and SPI will endeavour,
subject to the rules of AIM, to ensure that the listing of PMCI on AIM is
maintained.

Now that SPI holds a majority of the PMCI Shares, the board of SPI intends to
devote substantial resources to come to an understanding on the commercial
relationship between FACOR and BPM and to find mutually satisfactory
arrangements between the participants in the Boula mine going forward. Although
there can be no assurance that FACOR will be willing to enter into any such
arrangements, the board of SPI is cautiously optimistic that satisfactory
working arrangements will be agreed with FACOR in the near future.

Enquiries:

Montrose Partners LLP Tel: +44 020 7484 0902
(Financial Adviser to SPI Partners Limited)

Matthew Clarke
Posted at 19/10/2006 11:46 by superdonkey
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: 01202 606010

Paul Dudley / Peter Jackson
W.H. Ireland Limited
Telephone: 020 7220 1666

Andrew Simkin / Torben Thordsen
Argent Partners Limited
Telephone: 020 7256 8661

Keith Irons
Bankside Consultants
Telephone: 020 7367 8888
Platinum Mining Of India share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock