Toledo Mining Share Discussion Threads

[dreamtwister] 22/2/2013 17:13

cheers edward3.....e mailed the tmc office but got a automated e mail reply saying nobody in the office until the 25th feb

[edward3] 22/2/2013 16:53

dreamtwister it has not since i have held this share and thats from 2009...

i see the bids are creeping up 48.4p now....

[dreamtwister] 22/2/2013 15:01

has the share's ever been consolidated since listing on aim 2004 if so was it 2/1 ect as imn trying to work out what my total holding's are at present..tia

[edward3] 22/2/2013 14:15

Suprises me how much the price of nickel has dropped over the last day or 2...

Anyone else noticed..

[exbroker] 22/2/2013 13:37

If there are any SELLERS I know where they BUYER lives and he would give 48.1 for stock

[exbroker] 22/2/2013 13:36

Robt the company cant tell you anything they dont tell the market, this bid is subject to standard Panel rules which prohibit selective disclosure.

[edward3] 21/2/2013 18:30

I think this is the 3rd time now mpclag....

[mpclag] 21/2/2013 18:12

one the sale and this the purchase

[edward3] 21/2/2013 17:26

Jeez Mr Croppers 10m is showing up again............

[oli12] 21/2/2013 16:33

i'd email FEV instead they will decide this!

[r0bt] 21/2/2013 16:22

I emailed the company yesterday asking when they were planning to issue a response to the DMCI offer.
As a holder of just over 1% of the company I was at least expecting the courtesy of a prompt reply.
Silence.

[oli12] 21/2/2013 14:43

DMCI are the BUYERS. They own part of Berong, they are part of a huge local conglomerate with contacts, they are keen to acquire mining assets - in the event of a counter offer from Fevamotinico they will NOT sell unless the offer were crazy. HOWEVER IF they want it badly enough they might increase their offer....or go hostile...

Come on TMC lets have a comment... its nearly 1 week since the offer.

[edward3] 21/2/2013 11:57

Looks likes it going to be a one horse race now...:-(

current bid is 47.975p now...

[oli12] 21/2/2013 11:36

not a surprise given the links however the company really need to comment IMO

[oli12] 21/2/2013 11:35

DMCI Mining Corporation



Cash Offer for Toledo Mining Corporation PLC



Receipt of Letter of Intent to Accept the Offer



DMCI Mining today confirms it has received a letter of intent to accept the Offer from World Fund PTE Limited in relation to its entire holding amounting to 2,501,019 Toledo Shares, representing approximately 5.0 per cent. of Toledo's existing issued share capital.


As set out in the announcement of 15 February 2013, DMCI Mining already holds 18,818,344 Toledo Shares, representing 37.7 per cent. of Toledo's existing issued share capital, following the acquisition of Jason Cropper's stake.



Defined terms used in this announcement have the same meaning as set out in the announcement made on 15 February 2013.

[oli12] 21/2/2013 07:01

Knitcraft. Both. I sold half and will wait to see what the company say before deciding on the other half. I personally cannot afford to risk this dropping back again. Many holders would have acceped 40p a few weeks ago me included... I know what your thinking - why only sell half then.....greed!

[ssadim] 20/2/2013 22:29

Why sell now? If the deal goes thru you get 50p. If not the price drops back to mid 20s and we sit and wait. Its still a potentially massive resource. IMO

[knitcraft] 20/2/2013 21:40

Oli12
20 Feb'13 - 15:53 - 73799 of 73801 0 0


I have hedged and sold half for 48p.... I will see what the company recommend before deciding on the other half...

20 Feb'13 - 19:38 - 73801 of 73801 0 0


Low volume today considering...which would suggest the majority of holders who were going to sell out have now done so.

The rest of us are following the companies' advice and sitting tight. It would be nice if we get their thoughts this week; although I imagine they must call a board meeting - whether this can be done via conference call or they need to actually meet which could take time to arrange.

Which is correct??? I ask for no particular reason !!

[oli12] 20/2/2013 19:38

Low volume today considering...which would suggest the majority of holders who were going to sell out have now done so.

The rest of us are following the companies' advice and sitting tight. It would be nice if we get their thoughts this week; although I imagine they must call a board meeting - whether this can be done via conference call or they need to actually meet which could take time to arrange.

[nick297] 20/2/2013 16:10

Thanks Joe & Oli for sharing your strategy

[oli12] 20/2/2013 15:53

I have hedged and sold half for 48p.... I will see what the company recommend before deciding on the other half...

[joe say] 20/2/2013 15:36

Each to their own but I'm accepting the offer and if this draws another bidder out of the woodwork all well and good.

In fact my stance has been to pick up small batches over the last few days to eek every last per cent - with each batch theoritically making 2%+ if the bid suceeds.

[oli12] 20/2/2013 15:13

apparently TMC have dusted off Reg's old type writer and are loading a new ribbon as I write this so they can prepare the old take over RNS - the word "Jinchuan" will be replaced with DMCI - I doubt this "offer" will be followed by a placing - I feel this is TMC's swansong....

[cheou812] 20/2/2013 11:49

I don't know why anyone is surprised that the company hasn't said anything. They've hardly every been communicative since Fev's been on board. GLA