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MUU Murchison Utd

2.00
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Murchison United Nl Investors - MUU

Murchison United Nl Investors - MUU

Share Name Share Symbol Market Stock Type
Murchison Utd MUU London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 2.00 00:00:00
Open Price Low Price High Price Close Price Previous Close
2.00
more quote information »

Top Investor Posts

Top Posts
Posted at 03/11/2008 14:20 by share_shark
In proactive Investor received by me today. Apologies if this link has been posted before.
Posted at 25/6/2008 07:13 by gerri-c
Given the response, what were Aus investors expectations?
Posted at 20/6/2008 10:55 by aim_trader
Proactive Investors One2One Forums

Tuesday the 24th June 2008

The directors of Murchison United NL (AIM:MUU) and Golden Goliath Resources Ltd (TSX:GNG) will be hosting an investor presentation on Tuesday the 24th June at 6pm with Q&A to follow. After the presentations are complete the directors will also be available to take questions during a free canapé and wine reception. Details on the presenting companies can be found in the articles linked to the left of this page and in the abstracts below.

The presentations will start @6:00pm and finish at 7:30pm, followed by the canape and wine reception.

5:45pm for a prompt 6:00pm start at the Chesterfield Mayfair Hotel 35 Charles Street, Mayfair, W1J 5EB Click here for a map of the venue.

We look forward to your attendance. Please RSVP below.
Posted at 19/11/2007 08:34 by vanbrussel
Investor Presentation Europe November 2007 (19/11/07)
Posted at 04/9/2007 15:45 by vanbrussel
Dundee Securities Corp broker-report available on Minesite.com

August 30, 2007

INVESTORS ARE PAYING TOO MUCH ATTENTION TO SPOT PRICES

On Cost Ratings: (expect higher costs in the future)
- Low cost mine supply is not expected to rise significantly
- Low cost supply cannot meet expected reactor requirements alone
- Most primary supply is expected to be from medium or high cost projects by 2011
- Future uranium prices will have to account for higher expected production costs

On Risk Rating:
- Low risk projects are scarce
- More risky projects will be developed in the coming years
- Miners will likely have to exploit at least some high risk deposits
- High risk operations are the most likely to underachieve

On Risk Weighting:
- Underperformance of mines is expected to continue over the medium term
- Technical issues, permitting delays, labor shortages and other challenges will likely push several new projects off into the future

On Risk-Weighted Uranium Supply Curve: (demand will continue to outpace supply)
- Risk weighted mine production is to rise from 102.4 M/lb of U3O8 in 2007 to 183.4 M/lb by 2014, before levelling off
- Even when combined with secondary supply, future uranium production remains insufficient to meet future nuclear reactor requirements
- Further discoveries are required to maintain supply
Posted at 22/8/2007 20:35 by vanbrussel
COPPER RULES THE METAL MARKETS (22/08/07)

Long seen as a proxy for global economic activity, is doing all right, along with copper stocks, as Chinese consumption continues to increase.

The dollar price of copper - levels of which are used by some investors as a proxy for global economic activity - has outperformed many other metals and commodities during recent bouts of profit taking in equity markets, triggered by uncertainties in credit markets, which stemmed, in turn, from rising failures in the US subprime mortgage bond market.

Measured in dollar terms, copper is about 10% up on the start of the calendar year, but 15% off its May highs. The price has shown a strong correlation with moves in the Standard & Poor's 500, and has supported relatively smaller losses of listed copper stocks, when measured against other groups of mining stocks. The copper grouping has performed almost as well as the major diversifieds grouping, where several individual members rank, as such, as major copper producers.

Selected copper stocks

Stock price From 12-m high

Anvil Mining C$16.01 -21.2%
Aur Resources* C$40.67 -4.1%
Antofagasta £6.94 -9.2%
Equinox C$3.38 -27.2%
Freeport McMoRan $84.51 -15.6%
First Quantum C$80.73 -29.3%
Inmet Mining C$83.95 -17.0%
Ivanhoe Minerals C$11.04 -38.7%
Katanga Mining C$19.95 -28.9%
Oxiana C$3.29 -18.8%
Frontera Copper C$5.49 -27.2%
Quadra Mining C$15.55 -16.8%
Vedanta £16.69 -9.5%
Southern Copper $98.50 -15.1%

Arithmetic average -19.9%

OTHER EQUITY GROUPS
Nickel -28.5%
Zinc -28.4%
Uranium -52.9%
Platinum -36.9%
Gold -30.3%
Major diversifieds -19.3%

Copper is currently trading around $3.25 a pound, after its $3.75/pound records earlier this year. The price last year fell more than a dollar a pound, to levels around $2.50/pound, before again resuming a strong bull market trend. Aluminium has fallen from around $1.30/pound to some $1.10/pound, while nickel has roughly halved in the past few months, to current levels around $12.60/pound. Lead has declined from recent records above $1.50/pound to $1.40/pound, while zinc has fallen from about $2/pound late last year to current levels around $1.40/pound.

On Wednesday BHP Billiton (BLT.L, £13.57 a share) posted record annual results, on record sales of copper, iron ore, coal and petroleum products. In widely watched statements, the group stressed that it did not expect recent market turmoil to cut the use of industrial metals. It said that "recent discussions with our customers have indicated that they do not expect the volatility in the US and European credit markets to have a material impact on raw material demand".

In recent analysis, the Bank Credit Analyst said that while commodities linked to US housing such as lumber and copper may meet downward, the overall climate for commodities remains healthy. Robust investment trends in emerging economies are seen as commodity-intensive, and "a huge tailwind for commodities". Global supply bottlenecks as seen as remaining stubborn, while exploration costs continue to mushroom.

Meanwhile, traders in the metal pits noted data showing world number one copper consumer China continuing to buy huge amounts of the metal. China's refined copper imports in July were up almost 70% on the same month a year ago.

MAJOR DIVERSIFIEDS
Stock price From high
Rio Tinto £32.42 -20.9%
Anglo American £27.59 -18.0%
BHP Billiton £13.57 -13.6%
Xstrata £28.79 -17.6%
CVRD $42.80 -19.5%
Norilsk $200.25 -26.2%
Simple average -19.3%

By Barry Sergeant, Johannesburg
Posted at 21/8/2007 11:28 by vanbrussel
Murchison is trying to reinvent itself, it takes time to regain confidence from the investor community; right now they are still in the camp of the losers, things are changing however

1.In early 2002, Murchison United Ltd. of Australia agreed to acquire Rio Tinto plc.'s 49% interest in Somincor. The remaining 51% was owned by the state holding company Empressa Desenvolvimento Mineiro S.A. Murchison was, however, unable to get approval from the Government by a July 31, 2002, deadline for financial acquisition arrangements.
This meant that Murchison's planned financial placement to raise $42 million, which had been fully underwritten, was cancelled.

! The world class Neves Corvo mine is one of Lundin's core assets right now


! Lundin Mining Drills 55 Metres of 8.5% Zinc at Neves Corvo
Since the last exploration update in April 2007 (see news release April 12, 2007), assays have been received for an additional 6 drill holes, including the widest high-grade zinc intersections yet encountered in this world-class deposit. These new drill results include hole NF22A which intersected a 55 metre section which returned 8.51% zinc and 2.47% lead, and hole ND20A-1 which intersected a 35 metre section grading 9.44% zinc and 3.16% lead. The intersections in these two holes are 425 metres apart.



2. In May 2003 due to low tin-prices the Renison Bell tin mine (West Coast Tasmania) closed:
Employees are leaving Zeehan to obtain work interstate as the mine remains closed and Murchison United gives no indication when operations will restart.
Murchison United suspended mining and treatment operations at Renison Bell on May 27 to allow it to carry out maintenance in a stoping area where a worker was killed in a rock fall on May 6. The suspension was expected to last six to eight weeks and the Zeehan community reportedly getting increasingly nervous as time ticks on and no formal announcement is made about when work will resume.
Posted at 18/6/2007 11:38 by phurley
curlly

Can you point out the pluses here. What are investors expecting, what newsflow is there.
Posted at 14/6/2007 12:10 by dadob1
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Posted at 09/6/2007 11:56 by dadob1
I am far from an expert, but the fund raising looks like a good price to us investors. The JV also looks promising. Anyone any views to add??

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