Minco Share Discussion Threads

[jdgeus75] 28/6/2017 20:13

Also on Sedar. 112 pages to read guys

[telliz0] 28/6/2017 19:17

Rns out at 538pm tonight available to view on lse or minco website

[barnetpeter] 28/6/2017 14:51

this stock is very cheap if you think the deal is definite.....which i do. Shareholders should get 4p minimum here and possibly more.

[jdgeus75] 27/6/2017 21:34

I guess shareholders meeting early August, court sanction a week later, record date end august, delist end august, new shares issued early september

[keya5000] 27/6/2017 17:18

When do wwe reckon the last trading date will be? Roughly so to speak...

[bodgit] 26/6/2017 20:23

Goodo, thanks.

[jdgeus75] 26/6/2017 19:26

Will come this week Bodgit

[bodgit] 26/6/2017 15:07

Has anyone here yet received the Scheme Document and the Forms of Proxy for the DNA acquisition etc? Only a couple of days left for MIO to abide by the 1st June RNS statement which states that documents will be posted within 28 days. Good luck all.

[bageo] 25/6/2017 20:54

No statements which, even if not factually inaccurate, may mislead
shareholders

You'd hope this applied at anytime to any company!

Seems odd that they can't present any numbers around the effect of the acquistion

[bodgit] 24/6/2017 16:32

The 2017 AGM presentation now on the Dalradian web site has the following statement:

Until the Minco Royalty Acquisition has closed, Dalradian must adhere to a
number of restrictions on public statements, including but not limited to:
▪ No disclosures of any “material new information” or expressions of any
“significant new opinion”
▪ No statements which, even if not factually inaccurate, may mislead
shareholders
▪ No estimates of the anticipated financial effects of the takeover (including,
an estimate of a resulting change in profit, cash flow, operating costs or
earnings per share)
▪ Restrictions on referring to Feasibility Study (FS) and offer for Minco
▪ No disclosure of information/ opinions amounting to profit forecasts and
asset valuation

[djb3] 22/6/2017 09:19

Should have the documents by next Thursday as it will be a week from today

[doji star] 20/6/2017 16:13

no, I'm not going sell. That's why I said it doesn't matter in the long run. It was just a bit odd to be trading at such a discount to just the DNA shares you get, that's all.

I'm comfortable holding on for the DNA shares. Even if DNA dropped significantly, I still think it would be worth buying MIO at these levels.

Can't see DNA falling too much though. Not with BlackRock buying loads most days. Another 500K worth yesterday. up to 11.38%.

[lfc4ever] 20/6/2017 15:31

are you looking to sell your mio shares in advance of the nsr sale going through?
if not, the mio share price is, essentially, irrelevant, surely?

[doji star] 20/6/2017 13:25

The weak pound adding a few pence as well.

Can't really understand why MIO is still this low. I guess it doesn't matter in the long run. It's just a bit annoying that people can still buy at such a low price. I think market makers are just happen to keep it this low as long as people are prepared to sell at 2.25-2.3p.

[marthy] 19/6/2017 18:54

Dalrdian Management have played a blinder so far. They can handle anything that's likely to come up. Anderson is from Northern Ireland so he understands the local scene better than anyone. Just now the share price is C$ 1.78 which is almost £1.06. Minco people are very pleased with the way things are progressing.

[bageo] 19/6/2017 17:44

Cyanide seems a silly choice, a lot of haste for minimal economic gain - from the published studies. If they can provide more evidence for the benefits I would be happier. It is a good project but there is no need to increase the risk around local interaction.

[doji star] 19/6/2017 15:06

Just non-stop upward movement at the moment. I don't expect it to be this high when we get our DNA shares. That would just be too good!

[doji star] 19/6/2017 14:31

The long stop date is the end of September. So I feel these are all longer term issues you'll need to weigh up when you get your DNA shares.

Blackrock don't appear too concerned though.

[lendmeafiver] 19/6/2017 13:47

Having read around this morning i think the use of Cyanide in gold mining is also a concern, up to the company to explain processes and controls etc clearly.

[doji star] 19/6/2017 11:42

Actually feels like there's a decent amount of local support for the mine, but your always going to get some local issues. When you compare it to what some have had to deal with (UKOG, BKY, SXX etc), it's really not that bad. My main concern would be the issue around the use of explosives, but I think that something they'll to deal with further on down the line, when they get into mine development.

[marthy] 17/6/2017 12:17

The end is nigh ???? of the 28 days. So the EGM should follow within a few weeks. Soon after that we get our shares and then the launch in Toronto of the new Company.(it's all go). I assume everything is prepared and would imagine there would be a bit of a fuss. They might be allowed to ring the Opening Bell and open a bottle of Champers (or a bottle of Bud) or some such carry on. Anyway it's all good stuff. BTW Zinc stocks are diminishing rapidly, now down to just 316,000 tons. Zinc prices have dropped a bit over the last few months but are still high. $3000/ton isn't far away. There could be a few Beijingers hovering around looking for good deals

[doji star] 17/6/2017 08:45

DNA up to 1.72. That's almost 2.5p per share now + Buchans. I do expect DNA to drift back a little before the deal is done, however I thought that at 1.4 and looked what happened. mm's must be loving people selling out at the 2.25p level.

I think the Buchans shares might get factored in to the share price the closer we get to the record date. Surely people can see the potentially large difference in value there. It's not rocket science. Just a bit far off for most traders at the moment.

Not that I really matters to me. I'm just waiting for the DNA shares.

[djb3] 17/6/2017 08:42

Hi Marthy that's what I meant. The shares are only going to be worth 10% in the new company and so to be worth 2p they would need to be about 30 cents after the consolidation 😂.