Share Name Share Symbol Market Type Share ISIN Share Description
Metminco LSE:MNC London Ordinary Share AU000000MNC7 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.625p 0.60p 0.65p 0.625p 0.625p 0.625p 273,574 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -26.1 -21.0 - 0.91

Metminco Share Discussion Threads

Showing 7226 to 7248 of 7250 messages
Chat Pages: 290  289  288  287  286  285  284  283  282  281  280  279  Older
DateSubjectAuthorDiscuss
17/5/2018
08:10
Have a look at PFP Oilbuy, still a binary bet, but looking healthier since 9th May RNS
melodrama
17/5/2018
08:09
In now, mixing it up with Newfield, interesting IP anomaly
melodrama
17/5/2018
08:04
Very well thanks m8, hope you the same, I need to get up to speed on MNC, ffin website in aus seems to contain Malware! Malware Bytes won't let me in lol
melodrama
17/5/2018
07:52
Lanstead back with 59M shares though ?
oilbuy
17/5/2018
07:51
Hi Melo how are you pal ?
oilbuy
17/5/2018
07:15
Looks like it may have finally bottomed, on my watch list it goes
melodrama
05/3/2018
19:05
Chesycustard,Looks like your post 363 probably hits the nail on the head... Did you get a reply ref options
christy41
05/3/2018
18:10
But why put the 15th March as a record date for UK holders? Not made very clear with regard to taking part
christy41
05/3/2018
17:56
People with UK address cannot paricipate. Confirmed.
chesycustard
05/3/2018
14:45
Yes, it very well could be, I don't know La Colosa at all actually.
novicetrade68
05/3/2018
14:39
I always thought the objection for La Colosa was because it was to be a very large open pit mine.
christy41
05/3/2018
14:15
I think this is the reason why the market currently does not rate the Colombian gold project: 'Whilst we have not specifically accounted for this in our discount rate, we also note that in April 2017,AngloGold Ashanti announced that it had suspended mining at its La Colosa gold mine, which is located in the Cauca gold belt (where the Miraflores Project is located), after a local community voted to ban mining in the area due to environmental concerns. Specifically, we note that a constitutional court ruling made possible for a referendum voted by the local community to overturn the Colombian central government’s authority over mining project.'
novicetrade68
05/3/2018
14:04
All sounds a lot desperate here. Howe has probably milked this as far as he can and will hand over the demise to sophisticated vultures to finally pick it clean. Glad I sold out a while back even though it was at a loss but at least I saved losing even more. He needs to be brought to account but doubt that will happen as corruption is the business norm.
digger2779
05/3/2018
13:41
I am sure we/you can as UK holders..
chesycustard
05/3/2018
13:26
from RFC Ambrian a little while ago. MNC : AU | A¢3.9 | US$3m | Speculative Buy Announces Rights Issue and Restructuring Metminco (ASX:MNC) has announced that it is to undertake a significant restructuring that will include a rights issue to refinance the company, a change of leadership (including a new Board and executive team) and the re-focusing of the company on the exploration of two high-impact targets — Tesorito and Chuscal — near its Miraflores gold development project in Colombia. COMMENT: The restructuring will result in changes in both the direction and leadership of the company. Until recently Metminco had been focused on the development of the Miraflores gold deposit in Colombia, where it announced the results of a feasibility study in late October 2017, and at which work for the completion of the EIA remains ongoing. The current move is to test the large-scale, high-potential Tesorito geophysical anomaly; prior drilling intersected 384m grading 1.0 g/t from surface. This has the potential to generate some much-needed excitement around the company. We continue to recommend Metminco as a Speculative Buy. The company plans to raise A$5.1m though a deeply discounted 7 for 2 rights issue at A$0.01/share and to raise A$190,000 through a placement at the same price. Each of the new shares issued will have one third of an option attached to it, exercisable at A$0.013/share for two years. The rights price of A$0.01/share is at a significant discount to the share price of A$0.039 prior to the announcement, and is at a 32.6% discount to the theoretical ex-rights price of A$0.0148/share. The incoming Board and management will be led by the experienced mining executive Kevin Wilson. In addition to a re-focusing of the company’s attention on the potential of its exploration assets in Colombia, Metminco also plans to divest its non-core assets in Chile and reduce the level of its overheads. The company plans to commence exploration drilling at the Tesorito prospect in April 2018, and at Chuscal — which is under option from AngloGold — later this year. Tesorito is the highest-priority exploration target within the tenements having been identified by limited drilling results, IP imaging and soil geochemistry. All three holes drilled by the project’s previous owner encountered consistent mineralisation and alteration, with the most notable intersection being TS-DH-02’s intercept of 384m at 1.0 g/t from surface. Surprisingly, and despite these results, drilling approached but failed to intersect the 700m x 500m high-chargeability IP anomaly as defined by a 2012 imaging survey. Copper and molybdenum values in TS-DH-02 were elevated towards the end of the hole and the boundary of the anomaly. Testing the main geophysical anomaly remains a priority. The company believes Tesorito has the potential to represent a sizeable gold-copper porphyry system, typical of the host Mid-Cauca porphyry belt, which houses the giant 33Moz La Colosa and 14.5Moz Marmato deposits
christy41
05/3/2018
12:58
Screwed a lot more like..I will take up my rights,interested to see who they bring onboard and what they can deliver.I presume Kevin Wilson is the same one from Navarre Minerals. SP Angel research note for private clients from mid feb....value as is at over 8p with no value for tesorito or chuscal. click on the pdf link,40 page report https://www.voxmarkets.co.uk/blogs/metminco-mnc-ln-near-term-gold...
christy41
05/3/2018
12:25
It reads to me like UK investors will get rights but they will just be sold. Kind of being screwed a bit. I have contacted ccamaro GP is looking into it. This is why redfeild cancelled on Friday, they seem to want control but at a cheaper price, I guess they are underwriting and thinking lanstead won't take up, but that's an assumption. What do you guys think?
chesycustard
05/3/2018
09:51
Chesycustard... Record Date for shareholders 5pm (GMT) Thursday 15 on UK register March
christy41
05/3/2018
09:18
Well then he will be leaving after enriching himself and his associates over years here. What happened to the other 51% of LC? The LC deal and for all the years he has been collecting fat pay cheques whilst shareholders lost money , he should be investigated
jungmana
05/3/2018
09:18
This gets worse
solarno lopez
05/3/2018
09:11
Howe will be gone jung, read it. But I think UK investors will just get rights sold off and cash, but at what price?
chesycustard
05/3/2018
09:02
Amazed that you guys still show an interest in this Howe lifestyle company. What happened to the LC cash? All gone on the BOD? Only $3m will be left in the pot after paying off Redfield . Another huge discounted dilution as expected and will soon be back to 1bn+ shares.Is not nice to say i told you so many times.
jungmana
05/3/2018
07:50
Hmm we have a ex date but it says nz and aus investors
chesycustard
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