Emed Mining Share Discussion Threads

[stockknobjockeyvanbookstino] 11/1/2015 11:08

We'll go the same way as Trafs takeover of Iberian which took them a couple of years. Stake build through placing and then eventual takeout at disappointing level.

[wanderer1210_0] 10/1/2015 22:55

Me too whibbled, Google alerts is usually pretty good at keeping the spam at bay, but I think I've had reports every day for nearly a week

[whibbled] 10/1/2015 21:46

Aaaaaaaaaargh! "Winston View" based in California

I have Google Alerts set to trap any breaking news on several of my holdings, and am now receiving daily hits on these with Winstons "vital daily information", as per the EMED sample below......

"EMED Mining Public Ltd (TSE:EMD) faced minor selling declining 5.56% or 0.005 points. The day began with the first trade at 0.085 and the counter witnessed wide fluctuations from thereon. The stock hit an intraday high of 0.09 and an intraday low of 0.08 before the final trade was registered at 0.085. For the counter, the previous closing price is 0.09. The 52-week high of the stock price is 0.2 and the 52-week low is 0.06. According to the updated data, the 30-day simple moving average of the share price is 0.10 and the 60-day simple moving average is 0.11. The trading currency is in CAD."

Anyone else suffering from the 'chocolate fireguard' daily reports from this outfit?

.

[scrappycat] 10/1/2015 20:43

wanderer,

I agree with you that both Orion ang XGC are here for the copper and the money, not out of any burning desire to aid EMED. You rightly stated that the IIs who sold to TRAF had no take off agreement. Thereby, lies the difference. They were holding effectively as venture capitalists who had invested in a fledgeling company. Totally different from the the current IIs.

To be honest, you cannot have a clue what TRAF have done, or what they intend to try to do with regard to their relationships with Orion and XGC. That is, unless you are involved at board level. I have assumed that you are not.

Forget TRAF for the moment. Just out of curiosity, imagine you are on the board of either Orion or XGC. Then ask yourself how much would TRAF have to offer for you to advise your company that it is in their interest, short or long term, to accept? How much value do you put on the ability to control your own company's destiny with regard to copper supplies for the foreseeable future via a world class mine?

For myself, I have no idea, but I believe it would have to be far in excess of the figures proposed on this board currently - 5p or no 5p. TRAF are no fools, and I doubt that they would even bother to try - at the very least not until we are well into the production phase and the price has stabilized. Even then, there is no certainty that they would succeed.

[laurence llewelyn binliner] 10/1/2015 19:28

XGC/Orion have off take agreements in place currently for c50% of the copper concentrate @ the 5MTPA throughput rate.

Clearly we won't be starting at 9MTPA, we will be starting from Zero, but it will be very interesting to see what we can actually deliver..

Copper I note is still hovering around $2.75/lb, down from $3.00/lb, which would in theory put 9% dent in cash flows from sales at this level, but offset by the $/€ rate.

An interesting feature on RT has commodities doing a big 'last hurra' before a full on crash in a year or 2 out from here, consider copper went to $4.50/lb in 2010/2011 ..!

(Dr) Copper is, by many used as a barometer for the real financial health of nations/economies, if QE was pulled and things were allowed to take their own natural course of crash and disaster currently negated by QE to infinity..

[stockworm] 10/1/2015 17:02

wrong history boys

haha no want trafigura











































hahawrong history wrong wrong wrong hahaha

embarrass no post hahaha

no apologise






therapy is apologise apologise stop embarrass

[scrappycat] 10/1/2015 16:17

wanderer,

Under the criteria I stated (assuming a pro rata distribution of shares in any dilution resulting from the finance plan), it is a matter of fact, not opinion or conjecture, that what I said represents the status quo. It matters not one iota what TRAF's intentions were, or are.

You think that XGC and Orion won't be seen for dust if TRAF make an offer. You may be right, you may be totally wrong (as I think). If they choose not to accept, then TRAF have a zero chance of succeeding (assuming the criteria I defined) in a T/O attempt.

Both Orion and XGC have expended much time, effort and money in ensuring EMED reached this point. If you think that they would meekly surrender at this stage, then, imho, you are very much mistaken.

If the any dilution is not based on the existing holdings, then what I have stated will not necessarily apply.

[paulie1] 10/1/2015 15:57

Perhaps 15p is realism I mean we are at poxy 5p now.

[scrappycat] 10/1/2015 14:39

Assuming a pro rata distrution of shares in any dilution resulting from the finance plan, TRAF have no chance of succeeding with a T/O attempt unless they can pursude either Orion or XGC to accept. Between them, these two currently hold c27% of the shares issued, so Traf could not reach the 75% required to effect a take over however much they might offer.

IMO, they wont even bother to try unless they can pursuade one of the two to go along with them.

[acamas] 10/1/2015 14:14

Yes they will not have to pay 9p a share or greater because the full 12 months will have expired since they paid 9p for a bulk of shares

[cufes2] 10/1/2015 14:14

laughing stock(ready) has been saying project finance was sorted out since last April, he said Trafigura wouldn't be involved in the project finance, he said IQ would not leave EMED any time soon, he said VHJ knew nothing and he said Trafigura wouldn't have funds available . . . he was very definite about each point . . . make your own mind up if he knows anything about the intentions of Trafigura . . .

[stockworm] 10/1/2015 12:36

hahaha

brown tongue onion vote for stock = worm
we surprise no haha brown tongue

wrong history nasty boys

onion brown tongue stock crazy worm embarrass



hahaha

crazy understair boys always wrong we post now embarrass boy stop wrong history





no stop post we not embarrass no lies

only naughty understair boys

[electricplug] 10/1/2015 12:33

I remember SR contended that Traf didn't want it till July next......could there be something in that?

[acamas] 10/1/2015 11:08

parklife77,

My own view FWIW is that the bid will come once PRT is in production. I do not think they would bid before then because that would be similar to buying a car with no engine. Once the car is roadworthy they will have virtually no problems with the authorities

[mronions] 10/1/2015 08:54

I voted for the Stroker

on the copper price ... that is where the years of interference has cost all sides of this equation and they know it ... but they are at least all suffering together now as one team (or at least a closer group)

[jc1465] 09/1/2015 16:54

It was better before we had AS if memory serves....

[chelsea101] 09/1/2015 16:42

Maybe Pawsche but I wish I had got out after we got AS!

[pawsche] 09/1/2015 16:36

All together now...

WOULDN'T WANT TO BE OUT OVER THE WEEKEND! :-)