Rusina Mining Nl Share Discussion Threads

[selfservice] 08/4/2010 09:42

really interesting overview here on Ni prices going forward from Andrew Bell of RGM. Check it out:



MM: The price of nickel appears to be gaining strength. Do you see this as a continuing trend and if so how could this impact the economics of Regency's nickel projects going forward?

[clearsoup] 07/4/2010 18:06

Excellent Wendy Durham article on Proactive investor, today. Strongly advise reading, and wld increase RML hldng if I was not already well overweight and market-bearish.

[jcpete5] 01/4/2010 23:41

No-topping up when offer was 6p and ENK was at 9p

[mlangton1] 01/4/2010 22:55

Who? GS? Thats not nice jcp:-) Enjoyable Easter all

[jcpete5] 01/4/2010 16:55

Bit of a no brainer :)

[giant steps] 01/4/2010 14:51

Nice pre-merger leverage in RMLA, bid 6.5p (no surprise)

[dickturnip] 01/4/2010 09:37

sithuk

some debate on the enk thread now

[hectorp] 01/4/2010 09:15

Lol G-S. I agree anyhow. Merger 90%? likely, as it will suit both parties in many ways.

I'e decided this and ENK are long term holds, now I am back I will try to keep them till 2012 at least. This may make us a lot of value, as much or more than the gold plays. Maybe these can turn £10K into 100K.
We have to see nickel sustaining upward prices or at least not drifting, which isn't guaranteed over 2 years.
H.

[sithuk] 31/3/2010 19:10

Please can someone explain the price cap on RMLA if ENK rises too much?

[ian 50] 31/3/2010 19:09

the feeling i,m getting amongst both BB's is the meger is a goer,and one way or other ENK will sort out the funding as where do i see the merged company in 2yrs i would be very happy if as s perkiss has said amid cap nickel company the sh/pr today will be insignificant compared with the future.I,m really intrested what will happen to future projects ie sadoco/copper and PGM'sand remember 10% of TMC ever bit helps.

[jcpete5] 31/3/2010 12:12

Thxs GS-end of the quarter today, so fun should kick off tomorrow :)

[giant steps] 31/3/2010 11:59

Nice to see worked order 500K @5.8p just published

Prices bid 5.75p offer 6.5p

[giant steps] 31/3/2010 11:36

JCP

Max offer £27.1m, ords 302.963m, max price 8.94p (to the best of my knowledge)

If one wants ENK for long term the 50% uplift is a nice way in.

Institutions supporting ENK should be buying RMLA to alter voting imo.

[giant steps] 31/3/2010 11:30

hectorp, you'll be surprised how many times we are aligned
( i just tease with the contrarian bits !)

Merger looks fairly certain so a calculated risk imo.

[jcpete5] 31/3/2010 11:29

Hi GS-on a bid bid basis,what's the theoretical maximum RMLA can reach before ratio is reduced

[hectorp] 31/3/2010 11:25

Ah but then what if no merger..
Adding again me , can't get amarket price online just now.

remember GS you have to sell if I am a buyer!
H

[giant steps] 31/3/2010 11:24

It's probably a win win either way imo

[dickturnip] 31/3/2010 11:18

I know mate

[giant steps] 31/3/2010 11:04

DT, it's tempting to sell up all my enk and stuff it in RMLA !

[dickturnip] 31/3/2010 10:59

how much discount?

[giant steps] 31/3/2010 10:53

Perhaps i should invest in a bigger screen !

[hectorp] 31/3/2010 10:45

Er, I think you have made your point G-S?
I did already buy some RMLA this morning ( just 30K) but will add to.

Surely the main reason to hold these is the funding clarification, when Caladag is properly funded, assuming terms are not too onerous, both ENK and Rusina ( the merged company should have 50-100% upside pretty quickly based on the revaluation of nickel resource as a viable line to production?

[giant steps] 31/3/2010 10:23

  RMLA 6p converts to ENK 7.5p ENK prices bid 9.1p offer 9.45p   RMLA entry gives 20.6% discount