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DWY Dwyka Resources (See LSE:NYO)

7.25
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Dwyka Resources (See LSE:NYO) DWY London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 7.25 01:00:00
Open Price Low Price High Price Close Price Previous Close
7.25 7.25
more quote information »

Dwyka Diamonds (See LSE:NYO) DWY Dividends History

No dividends issued between 27 Apr 2014 and 27 Apr 2024

Top Dividend Posts

Top Posts
Posted at 22/9/2009 14:21 by andrbea
when does nyo replace dwy?
dwy still getting quoted
Posted at 10/9/2009 09:05 by smelleroo
yeah just flicked through lots of hints about the fact dwy are alking to others about farm-in arrangements on dwy's assets

all sounds relatively upbeat!

smell
Posted at 04/9/2009 10:01 by nick rubens
Just joined the DWY shareholder register.Added them to my ISA account. A small cap that may have been overlooked for now. The recent director buys were too significant to ignore. I remember seeing the director buys in GKP at around 5p and I made a note of it ( looking to buy in on a dip! lol) and wish I had not hesitated at the time looking back, but hindsight is a wonderful thing.I'll keep up with DWY on this discussion board and thanks for sharing the information.

If DWY can show some news that progress is being made amongst their projects then it should restore some confidence and establish an upward rerating. I've missed the lows of 2.75p -3p but thats no reason not buy in at these higher levels. This one tucked away for the longer term for now.

And yes its great to see directors actually paying for shares.
Posted at 16/7/2009 12:33 by kickstart
I think you are behind the curve with your information. BHP pulled out ages ago and all rights revert to Dwyka. BHP spent 7 mln on Muremera exploration so have done part of the job. Base metals may be out of favour but Muremara could end up being massive ( as big or bigger than Xstrata's Kabanga mine a few klms away). Still needs loads more exploration work to prove up the resource which will take several years -no question of DWY building a mine yet.DWY stll has several million cash check it out. In a rush but take proper look!
Posted at 15/7/2009 18:20 by jonny flame
For full link please see header. Gold is on the rise again so perhaps we may see DWY rise a bit.....

Dwyka Resources Limited
15 July 2009

RECOMMENDED ALL SHARE OFFER by DWYKA RESOURCES LIMITED for MINERVA RESOURCES PLC

Summary

* The Board of Dwyka announces that valid acceptances have been received in
respect of 124,826,186 Minerva Shares, representing approximately 80.90 per
cent. of the existing issued ordinary share capital of Minerva.

* The Board of Dwyka is pleased to announce that the Offer is declared
unconditional in all respects.

* The Offer will be extended until 1.00p.m. (London time) on 28 July 2009.

First Closing and Level of Acceptances
The Board of Dwyka announces that as of 1.00 p.m. (London time) on 14 July 2009, the first closing date of the Offer, valid acceptances had been received in respect of 124,826,186 Minerva Shares, representing approximately 80.90 per
cent. of the existing issued ordinary share capital of Minerva.


Offer Declared Unconditional In All Respects
The Board of Dwyka also announces that it has resolved to amend the acceptance
condition of the Offer as set out in Part A (a) of Appendix I of the Offer
Document such that the required acceptance level for the Offer shall be reduced
from 90 per cent. to 75 per cent. Accordingly, the Board of Dwyka announces that
all of the conditions to the Offer have now been satisfied or waived and
that the Offer is therefore declared unconditional in all respects.
Posted at 23/6/2009 09:39 by dogberry202000
I've around 300K Minerva shares - and I'd be happy to hold the new shares in DWY. It's a good fit and DWY seem to be going places. There would be some platinum production, too as well as Tulu Kapi to go with the Nickel and other prospects of DWY. Having looked at DWY, I'm glad it's a share offer as I would have probably bought some anyway.
Posted at 09/6/2009 16:50 by jonny flame
The following post was posted on the PAF bb, you may also wish to view some posts on the DWY iii bb.



The connection between these two is as follows:

Dwyka has spent $750,000 in total drilling a greenstone gold deposit in Swaziland, a tiny landlocked country surrounded by South Africa and Mozambique.

The greenstone deposit is adjacent to AIM-traded and JSE-listed Pan African Resources' operating mines in the Barberton area of South Africa.

Dwyka has a right to increase its stake from 50% to 70% in the SwaziGold project but has yet to commit to that stake because it is developing a gold strategy around the asset. It has pushed back the earn-in schedule with Swazi Gold Ventures to end-June this year to give it space.

"Our objective is to drill up one million ounces by the end of the year, which we can then put together with other gold projects in the region and Africa, where we are looking at other projects," Sturgess told Miningmx in mid-March.

"By June we will have developed our strategy on gold. We'll have defined whether we'll put this into production ourselves or put a few other projects together," Sturgess said at the time, adding the Swazi assets could be in production by mid-2010.

Now if Pan African want an acquisition then when Dwyka completes the Minerva deal then you could certainly see Dwyka being an attractive proposition.
Posted at 21/5/2009 17:24 by kickstart
Probably Thee Times has its knickers in a twist. The only answer is to be patient and wait to see who DWY hope to buy. I will quote Melissa from the shareholder statement made on 23r April long before the gang on the other thread invaded after getting a tip. I am sure they will dissappear as quickly as they appeared ...


' Assessment of acquisition opportunities - Excellent progress has been made
in this area and we hope to have announcements ready in the near future. Our
team has assessed a large number of Projects and settled on a shortlist which we believe will meet the approval of shareholders. '

She has now nnounced ...
'The Board of Dwyka notes the recent rise in the Company's share price and
confirms that it is currently undertaking due diligence on a third party which
may or may not lead to an offer by Dwyka for all of the issued share capital of
another company. There can be no guarantee that due diligence will be
successfully concluded to the satisfaction of Dwyka and no certainty that any
offer will ultimately be made. '

I have been very patient with this share so far and have no reason to change that stance.It is a long patient game but worth waiting for if the rumour is true that Muremera 'may' contain 6% of the Worlds Nickel. DYOR.

'
Posted at 21/5/2009 07:59 by fiat lux
from other thread

I dont know where you lot have suddenly appeared from but none of you seem to know much about the company.

Whatever DWY buy with their few million $ is insignificant compared to the possible ramifications and value of their Muremera Nickel project.It will take several years for DWY to prove its worth but if they are correct about Muremera it could be one of the world's largest Nickel deposits. It is just a few Kilometers from the massive Kabanga deposit owned jointly by Xstrata and Barrick.Kabanga is the worlds largest undeveloped Nickel project and they think Muremera' could' be as big. However this is no quick buck other than for day traders as there will be a massive amount of expensive work to prove up the potential of the deposit.BHP Billiton have already spent millions and there is much to be done.Dwyka are trying to be a near producer of something? to give them an income stream to fund exploration of Muremera ( imop).
However,it is a massive coup that tiny DWY own the licences for Muremera 100% and in the long term this could prove to be the best investment you ever make. ALL IMOP.
Posted at 12/5/2009 23:59 by kickstart
A bit of learning...
I dont know where you lot have suddenly appeared from but none of you seem to know much about the company.
Whatever DWY buy with their few million $ is insignificant compared to the possible ramifications and value of their Muremera Nickel project.It will take several years for DWY to prove its worth but if they are correct about Muremera it could be one of the world's largest Nickel deposits. It is just a few Kilometers from the massive Kabanga deposit owned jointly by Xstrata and Barrick.Kabanga is the worlds largest undeveloped Nickel project and they think Muremera' could' be as big. However this is no quick buck other than for day traders as there will be a massive amount of expensive work to prove up the potential of the deposit.BHP Billiton have already spent millions and there is much to be done.Dwyka are trying to be a near producer of something? to give them an income stream to fund exploration of Muremera ( imop).
However,it is a massive coup that tiny DWY own the licences for Muremera 100% and in the long term this could prove to be the best investment you ever make. ALL IMOP.

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