Mwana Africa Share Discussion Threads

[lucky punter] 01/1/2015 06:08

WS I hope you are correct. I only say the second half because that is when the profit enhancing events actually take effect. The AIM is a funny animal but a sniff of a rising chart and we will be away to at least 4p in quick order.
I suspect it will take real and genuine profit to go much further in the near term. 4p makes as much sense to me as 2p; both are crazy. 10p makes much more sense.
I suspect MWA will need to show they can squeeze and maintain a low cost base for Gold and Nickel. I am interested to see how the Copper JV progresses and the Gold in DRC which I suspect will produce a huge payday in the mid to long term. Good projects like that are hard to find now and with majors nearby the resource will look very attractive.

[bump3r] 31/12/2014 19:51

From me too. Happy New Year.They fly by on here.

[wstirrup] 31/12/2014 19:48

Oh, and Happy New Year to all MWA holders.

W.

[wstirrup] 31/12/2014 19:47

lucky punter 31 Dec'14 - 12:44 - 6428 of 6432 1 0

I suspect the bulk of the 2015 progress will come in the second half of the year...
===================================
I suspect we're going to see a re-rating in the first half, followed by a consolidation...

Someone now has started the rise... The late buys took the price to 2p, and I've seen it before... Pre-Xmas price drop, followed by heavy buying... Which is why I topped up at 1.9p... :¬))

Only this time, the PM price is going North too, and MWA is gonna FLY... All IMHO...


Though, I've been wrong before, so WDIK

[greedfear] 31/12/2014 17:35

Happy New Year all!

[lucky punter] 31/12/2014 17:21

juju You have fans? Really

[juju44] 31/12/2014 16:28

Happy new year to all my fans and others . May we all prosper here together in
2015 .

[mg78] 31/12/2014 13:53

Agreed. Here's to a strong 2015.

[lucky punter] 31/12/2014 12:44

I suspect the bulk of the 2015 progress will come in the second half of the year when the smelter is up and running and we can expect higher Nickel prices. In the meantime I suspect the ceiling will be the 4p levels reached in 2014 in the near term. The brave will be rewarded and many new holders will come on a strong chart and improving technical performance.
We are really just waiting for a couple of other elements to fall into place then we can expect real growth. I have mentioned 10p several times but really that will be looking very modest indeed and the company will remain heavily undervalued.


BIND.ZW up strongly again. Now just below $80m market cap. That is a £38.4m valuation for the MWA 75% stake.

[casabella2] 31/12/2014 12:28

Hope you're right mreasygoing.Also hope today is the prelude to the new year rise in the share price

[mreasygoing] 31/12/2014 12:23

Happy New Year to all. Remember money isn't everything. Good health to you all and hopefully 10p this time next year ;-)

[juju44] 31/12/2014 11:54

Agree - techs couldnt be better

[mg78] 31/12/2014 11:52

MWA itching to break through 2p here. Technicals great.

[mg78] 31/12/2014 10:49

Yep the same to you all. Cheers.

[charliemike] 31/12/2014 10:32

Peace and prosperity to all and a better safer 2015 .

[mg78] 31/12/2014 10:00

And to you bigdazzler.

[bigdazzler] 31/12/2014 09:40

Happy new year all.

[mg78] 31/12/2014 09:27

Who is offering a discount to 2p? No one as far as I can tell.

[juju44] 31/12/2014 09:23

Not on my screen

[mg78] 31/12/2014 09:20

Trades seem to be going through the LSE so far today. Nothing showing on isdx.

MM's on full offer 2p, even for a handful of shares.

[mg78] 31/12/2014 08:33

cheers both.

[okuta] 31/12/2014 08:31

similar from the CR BB


hxxp://www.gurufocus.com/news/302681/economists-forthcoming-supply-deficit-to-push-nickel-prices-up

[lucky punter] 31/12/2014 01:43

I suspect we will see an improving gold production situation over the next 12 months. The study for the third mill is the key piece of the jigsaw for the future. There is an opportunity for some near instant gratification if the Gold value increases much beyond 1200. The gold is presently making only a token contribution to the profit; that can all change quickly.
I cannot see all-in production costs below 1000 without a third mill and 70k ozs pa is the ceiling up from 60k with the new equipment and full availability.
The profit is in those extra ozs with most of the costs fixed.

[wstirrup] 30/12/2014 23:07

I agree, that the crunch price seems to be the lows reached in the middle of this year...

Gladly, I think the Chindians are keeping the price at the circa $1200 level, but next year will be the start of the rise.

W.