Marakand Minerals Share Discussion Threads

[commodityinvestor] 19/2/2007 19:53

www.domaindisciple.com



because there's more than one to profit from the commodities bull

[giant steps] 16/2/2007 15:12

EtR - departing, that may be a huge mistake

OXS may still offer 3 MKD for 1 OXS, some gain to be made !!

[hutchoman] 16/2/2007 15:10

Erik, I thought you were out of MKD months ago?

I'll wait to see what happens with the Turkish licences, which may or may not have some impact - whether positive or negative who knows!

I'm fortunate enough to be able to put these in a drawer and forget about them for several years. I am well aware MKD could well go down the plug-hole, but hey, you pays your money and you takes your choice.

[eriktherock] 14/2/2007 17:41

I'm out. Nothing feeling right here.

[eriktherock] 08/2/2007 20:28

Feel a bit left behind?

[zaphod99] 15/1/2007 08:35

Marakand Minerals Limited ('Marakand', or the 'Company'), the AIM quoted
Eurasian base metal and silver company announces its intention to reconstitute
its Board of Directors ('the Board') with immediate effect.

The decision to restructure the Board has been taken to ensure an appropriate
Board composition and cost structure in light of the ongoing process of seeking
clarity on the Company's future in the Khandiza project, the exploration focus
in Turkey and the increased ownership, financial support and involvement in
Marakand by Oxus Gold plc.

Accordingly Alasdair Stuart and Richard Robinson have offered their resignation
with immediate effect. William Charter remains on the Board as executive
director, to be joined by Oliver Prior as non-executive director. Mr Prior
presently serves as an independent non-executive director on the Board of Oxus
Gold plc.

Other Directorships - Oliver Charles Prior, 60

Present - Oxus Gold plc
Past - Willis Faber & Dumas Limited ('Willis')

No other information falls to be disclosed in respect of Mr Prior under
schedule 2(g) to the AIM Rules.

The Company has also allotted 2,095,567 shares, representing 2% of the issued
share capital in respect of capitalised fees totalling £119,447. This amount
includes £35,350 of fees due to William Charter.

As a result of the above Mr Charter is now interested in 620,175 ordinary
Marakand shares, representing 0.6% of the issued share capital of the Company.

The Board extends its gratitude to Alasdair and Richard for their loyal and
professional contributions to the Company over the past 3 years and wishes them
every success for the future.

[eriktherock] 04/1/2007 20:32

My gut tells me there's a kick coming but I can't see it yet so,no, I'm not adding.

[nobull] 03/1/2007 23:56

I see there've been a few buys today! I blame Erik and G.S.

[nobull] 29/12/2006 11:37

Thanks Erik. Well the sell wasn't me. I still hold my 32k. Happy New Year to you too.

[eriktherock] 29/12/2006 10:25

A SELL ! I don't believe it. With the Oxus connection and the associated assistance, this should be flying! well maybe upto 9 or 10p I now hold over 100k and will be adding in the new year. Happy New Year you brave holders. lol

[eriktherock] 27/12/2006 09:18

Good morning.

[eriktherock] 21/12/2006 15:23

Thanks Peck, much appreciated.

[pecker1] 21/12/2006 15:19

Yes, in the way we originally understood the mooted JV would proceed. No, in the sense that I believe MKD will have a part to play in the mining of Khandiza - it's an underground mine and will need skills and know-how to mine safely and effectively. Not sure how this would be achieved - could be a 50/50 JV with Zeromax (Uzbek partner remaing 50%), that reduces MKD's stake to SAY 25%. Better than nout.

[eriktherock] 21/12/2006 15:10

Peck, Do you think Khandiza is lost?

[pecker1] 21/12/2006 15:07

erik,

It could turn out to be so if they get encouraging results from the first pass drilling currently underway at the Turkish properties.

[eriktherock] 21/12/2006 15:05

Although I have a small holding here, I'm just waiting for somebody to explain to me why this isn't a good investment.

[eriktherock] 21/12/2006 14:54

Anyone (or two lol) who reads this will know that It'll only take a few hundred thousand or maybe a million or so purchases to move the share price upto 9 or 10p which then would be timely for Oxus to offer to buyout the remaining 14% of shares and appear "fair" in the process.

[eriktherock] 21/12/2006 14:41

seriously. Having read nobulls no bull account of the MKD & OXS agm's and with consideration of the previous One for Three offer from Oxus notwithstanding the current help and influence of Zeromax. I can see the same offer being put to MKD shareholders with a fixed time limit. This will occur soon and prior to any update of developments at Khandiza.

[eriktherock] 21/12/2006 13:50

got me paper round money so bought 10k @6.85p

[nobull] 21/12/2006 10:38

Erik, your post makes me laugh. Your trading instincts about MKD are more likely to be right than mine. (I've read a few investment theory books, remembered a little but have little trading experience). I am probably going to stick with my other investments or add to the (exceedingly?) dangerous one in Iran with a slightly scarey cash burn rate (dilution risk increasing? bankruptcy risk increasing?), notwithstanding the better outlook for MKD. The scarey investment perhaps appeals because no rational person would touch it with a barge pole at present, and I didn't make much money in Iran when I worked there the first time! (An irrational anchoring effect of personal experiences in the past is leading me to invest in the wrong thing?). We'll see.

Langland thanks for your encouraging comments on MKD.

[langland] 21/12/2006 06:55

Thanks for your comments, chaps. As I stated previously, I still hold well over 100k and I am hoping for better prices. In view of your reports re the AGM I think there is still a lot of hope here. I would rate the risk of MKD going into liquidation as pretty low. Things would have to be critical for OXS to take such a step. As NB has said, I think the main issue will be one of timing but this has always been the issue - with regard to Khandiza so I, for one, will wait. I won't buy any more but, for newcomers, with current prices, this has to be a good risk/reward spec with the thought of conversion at some future date.

[eriktherock] 21/12/2006 00:23

Frank (and for the benefit of anyone else), Thanks. If I may suggest that The MKD share price will be bought upto the requisite level. Within days or weeks. We'll see.

[nobull] 20/12/2006 21:27

Erik (and for the benefit of anyone else), my best guess is that any decent Board would want to give the Marakand minority a fair deal without annoying OXS shareholders through overpaying for the MKD minority. Offering the 3 for 1 deal at this time would involve overpaying, so there won't be one perhaps for quite a while. At some point news (good drilling reports in Turkey perhaps, or it might be something else) should lift the MKD price nearer to make a 3 for 1 offer or better possible? The advantage of a share swap is that even MKD holders who paid more than the OXS consideration offered could be induced to swap? (They wouldn't be crystalising a loss as in a cash offer, but would be getting the OXS upside instead?) When any such opportunity will arise, I don't know.

The uncertainty of the timescales involved seem logically to justify MKD trading at a large discount to any theoretical 3 for 1 offer? It is understandable that prospective investors who don't trust the Oxus Board might not want to touch MKD shares with a barge pole because of the technical risk that Oxus could put the Receivers in and leave the MKD minority owning nothing? That also means the shares have to trade at a further discount? I DO TRUST the Oxus Board. I questioned them, and their answers seemed robust. So I am not worried anymore about my MKD.

(I have not added anymore because I am crackers about another zinc project that I may be out of circle of competence on (investing in Iran: alarm bells, in a tiny company with no revenue streams: more alarm bells, with a Board of Foreign (Australian = Foreign for me) Directors: more alarm bells, whom I can never meet, with capital requirements that can't be satisfied both because of the quantity involved ($1.6bn) and because of no Western bank with the wherewithall wishing to displease the U.S. Govt.) and if that isn't bad enough there is the difficulty/impossibility of insuring any such project at the present time. How any such company, and with a project ownership dispute with its Iranian partner to boot, and that has had all its agreements cancelled can ever produce zinc, I don't know; but I have invested in it. I probably should have bought more MKD instead?)

I don't believe the conversation I overheard (about the MKD holders not receiving any offer worse than the convertees have already received) was price sensitive because NO TIMESCALES were mentioned. It could be a long wait. Usual caveats apply? DYOR? etc. Hope this helps. All the best.