Minco Share Discussion Threads

[lendmeafiver] 16/6/2016 21:44

Another couple of 500k tranches purchased by someone today

[lendmeafiver] 16/6/2016 10:40

Just (say) 30USD would transform XAG, maybe a XAG restructuring is another bit of news flow to look forward to this year if the change in metals sentiment continues.

[richgit] 16/6/2016 07:59

The Boss of Majestic predicting Silver at $120 in 2018....

Can Management help sort out XAG and and sit back to watch its value soar. ?

With such a foresight maybe some genius can even figure out a solution
for Laguna.

[lendmeafiver] 15/6/2016 10:43

Ive not purchased any in a month now but its always difficult getting large tranches in single trades. As a result when we get some Dalradian news flow this will react very quickly. Once I have a bit of free cash in my sipp I will however be purchasing some more next month.

Looking at the below Presentation the big news will probably come in Sept (Feasibility Study Conclusion) and Oct (Planning) with matters I expect concluded by the end of the year. There will probably be some news flow leading up to that but I can imagine MIO's paltry Market Cap wont really react until everything is in place as there seems to be no upside reflected here at the moment for some reason.

hxxp://www.dalradian.com/investor-centre/presentations/default.aspx

[jdgeus75] 15/6/2016 08:37

A lot of 100K orders go through. Two weeks ago a couple of 500K orders. Market makers are playing with the BID (currently 0.75) and ASK (currently 0.95) a little bit. It's all just small money but I do think things are going on behind the scenes. Someone tried to buy shares recently? Curious how easy it is to get shares at BID and ASK prices right now. I also think supply is tight.

[bodgit] 06/6/2016 21:18

Zinc price looks to be enjoying a solid recovery - Canadian Zinc Corp was up 20% today. Will Minco get a positive re-rating? Time will tell. Good luck all.

[lendmeafiver] 02/6/2016 22:18

Just a matter of time, we will have dalradian news soon enough, in the mean time I'm pocketing them

[jdgeus75] 02/6/2016 21:44

Market cap 3.65 million. 3.18% of Dalradian Resources' market cap with a 2% NSR in the pocket. Plus 2.3 million GBP of cash. Value of all Minco's assets effectively 1.35 million GBP.

[jdgeus75] 01/6/2016 15:27

Yesterday a 500K buy. Today again.

[jdgeus75] 31/5/2016 20:37

Other than the Technical Report (within the next 2 weeks) it is really the test stoping (summer), financing (some time this year) and the feas to wait for. --> dalradian of course

[ardtole] 31/5/2016 20:34

There should be a set of drill results from dalradian in the next 4/6 weeks, followed by a feasability report before christmas. It could be our get out off jail card.
The next drilling program at lundberg is not planned until 2017, though there is relogging etc being studied at present.
Im not sure if drilling at moate has even started, planned i think the report said, similarily with pennines.

[jdgeus75] 31/5/2016 20:10

I sent you a private message @lendmeafiver

[lendmeafiver] 31/5/2016 19:55

I think there is some great short term news flow on the way with Dalradian assuming short term means circa 6 months, I use these kind of days to my advantage

[jdgeus75] 31/5/2016 18:40

@bluebell. I understand your frustration. I cannot promise anything but dont let the market fool you. The value is there. I am not a big fan of the management but they have a skin in the game. I am not hoping for 0.50P again but if it happens I will be a buyer :)

[djb3] 31/5/2016 15:22

Would have thought we would hear from moate shortly and buchans / dalradian around November. I think market makers dropped it in the morning to get cheap stock.

[bluebell1] 31/5/2016 14:48

Problem with Minco at the moment is its all Jam tomorrow nothing for today. This is going to stay weak for the next 12 months as there doesn't seem to be any news whatsoever now.
The market makers are only offering 0.075p for our shares at the moment and we have no volume at all. Hope we don't get a distressed seller again as this will see sub 0.5p on selling volume.

[jdgeus75] 31/5/2016 12:05

Some people are using the ''news release day'' to sell some stock. Not sure if people are selling because the Q1 is not providing any news or if market makers are slowly lowering the share price a bit.
The Minco market cap is currently GBP 3.63 million.

The market cap of Dalradian is GBP 113 million today.
Considering that the 2% NSR is worth a minimum of 5% of the Dalradian project it should be worth at least GBP 5.65 million.

If you apply a normal NPV calculation (like I did here earlier) you will find out it is worth much more than that.

But it is nice to know that the royalty alone will always support the share price (the market cap), even though it dips a bit now.

[jdgeus75] 31/5/2016 10:10

@Frost1 I agree this is a realistic possibility. I think Dalradian can improve the Net Present Value by approx. 10% by buying back the NSR I think.

[frost1] 31/5/2016 09:09

Its in dalrs interest to get a deal sorted. They will be looking for finance to build the mine. They would be better having 100% of the revenue approaching the banks. This can be done by issuing more shares. I'm sure this is being worked on at the moment.

[bodgit] 31/5/2016 08:13

Tin hat on and these go in the bottom drawer - probably for my grandchildren to enjoy. Good luck all.

[jdgeus75] 31/5/2016 08:04

Working capital as expected at the end of Q1. No surprises. Story remains the same:
1. 2% NSR
2. Buchans deposits
3. Woodstock 800 million project (not economic at current prices) - lets call it an out of the money call option with major upside if manganese prices improve
4. Exploration plays
5. 3.2 million working capital

Market cap: GBP 4 million

[ardtole] 29/5/2016 07:55

Quarter one results out. There is little or no new information, just a rehash of what we already knew.
I think lendmeafiver is correct, for the time being dalradian is the only show in town.

[sm9] 18/5/2016 16:28

Yes i tried a while ago to fill a semi big order it just gets knocked back, you can only get dribs and drabs its been like that for a while, there just arnt the shares out there....

[lendmeafiver] 18/5/2016 15:14

Kind of shows a desperation to get hold of the shares purchasing in loads of tranches over a single day