ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

VML Vane Minerals

0.425
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vane Minerals LSE:VML London Ordinary Share GB00B013M672 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.425 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.425 GBX

Vane Minerals (VML) Latest News

Real-Time news about Vane Minerals (London Stock Exchange): 0 recent articles

Vane Minerals (VML) Discussions and Chat

Vane Minerals (VML) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Vane Minerals (VML) Top Chat Posts

Top Posts
Posted at 07/8/2013 10:05 by martin c-j
Thanks for the update kooba. I think we are all left scratching our heads with this one. No surprise Matt couldn't get the subscription away at 0.5p. Lots of insiders were selling prior to the RNS in yet another glowing example of how many people take the p*ss out of insider trading rules without fear of reprisal.

The new guys coming in have just decided VML is a cheaper alternative to starting from scratch. They clearly aren't stupid, and have more of a plan than VML have, but whatever is left of the old business model must now be in the shredder.

Interesting to see they got Krys Hefton to reveiew and approve the technical information in mondays RNS. I am a chemical engineer I could have signed off on them too. Doesn't mean there is gas there or VML have any clue how to get to it.
Posted at 06/8/2013 23:18 by martin c-j
Reading further into this cr*p. Looks like 3legs are off loading their German licenses to a new vehicle, VML or Rose Tinted Resources as they are now known. It is wildcatting at best. As long as the share price goes up......
Posted at 23/7/2013 11:06 by martin c-j
Loverat - I just saw your post from a couple of days ago. I don't have any evidence of who it was who sold, but it is patently clear to me that someone got wind of the subscription prior to the RNS. The massive increase in volume and large 1 million lot sell orders was not a coincidence.

I would even go on to say that it may be the same person who sold previously when there was a placing in September 2011. The same thing happened then with lots of selling and volume just prior to the RNS.

If the Financial Conduct Authority are any good they will be able to trace who made the large trades prior to the news, and then see if they took part in the placing and subscription. The small cap market is littered with dodgy trades and share price manipulation. It is not an even playing field and it always ends up with shareholders getting shafted.

I notice Matt has moved the registered office to St John Street. At least it's not the bus shelter outside, and they plan on staying in business for another year until the lease is up for renewal. I am still incredibly disappointed as to how pear shaped things have gone with this company, and I would love to know when management knew about this and whether they ever planned on telling shareholders.
Posted at 11/6/2013 22:45 by yesyesno
It's not the BUYS or SELLS that move a share price.

It's the transaction price and the likely event of further transactions at that price or above or low.

If you have a spread of 50-60 you can have millions of transactions are 56 and the price might still go down if a market maker has millions more to offload.
Posted at 05/6/2013 15:27 by rmart
VANE Minerals plc Receives Buy Rating from Northland Capital Partners (VML)

Posted by Stephan Byrd on Jun 5th, 2013

VANE Minerals plc

VANE Minerals plc (LON: VML)'s stock had its "buy" rating restated by equities research analysts at Northland Capital Partners in a research note issued to investors on Wednesday, Analyst Ratings Network.com reports. They currently have a GBX 1.70 ($0.03) target price on the stock. Northland Capital Partners' price target indicates a potential upside of 240.00% from the stock's previous close.

Shares of VANE Minerals plc (LON: VML) opened at 0.50 on Wednesday. VANE Minerals plc has a 52 week low of GBX 0.31 and a 52 week high of GBX 1.345. The stock's 50-day moving average is currently GBX 0.92.

VANE Minerals plc is Hong Kong-based Company. It is engaged in evaluation and acquisition of mineral exploration targets, principally gold, silver and uranium targets and the development and operation of a mine at Diablito, Mexico.
Posted at 31/5/2013 11:09 by martin c-j
Looking at the Strathmore Minerals offer, C$29 million doesn't seem a lot for several hundred millions worth in the ground. Doesn't bode too well for VML with about $100 million in the ground. But at least VML's targets have much higher grades, compared to Strathmore and that in itself should make them attractive to a buyer.

With Energy Fuels being acquisitive could be good or bad news for VML. They could either already be looking to add VML to their list or they may well just say they have had enough for now.

Maybe U-1 can find a buyer for everything including their own mill, and that will help VML out.
Posted at 29/4/2013 14:26 by opaldouglas
Ouch! Lack of news is really starting to hurt VML now, I've emailed David for clarification regarding results. I can't see VML going private either.

Martin, fyi – results can be released up to 6 months after financial year end, so VML have another month if need be.

"An AIM company must publish annual audited accounts which must be sent to its shareholders without delay and in any event not later than six months after the end of the financial year to which they relate."

I also think things are obviously ongoing behind the scenes, previous information releases alludes to this. I'm not concerned about current revs and production, only last month VML announced an increase in production of 20%.

The question for me is have any JV partners been forthcoming and have Vane progressed further with "additional opportunities" and how will these be funded.

Given the negativity around aim mining stocks, VML could just continue Mexican operations and bank the cash until the tide starts to turn! With a market cap of 2.5m this could be equal to cash shortly.
Posted at 31/3/2013 20:21 by opaldouglas
All very quiet on the western front, finals out within the next two weeks which will hopefully put some meat on the bones. Given the fact the share price is bouncing on an all time low now could be a v good buying opportunity.

Market cap circa £3m, Northland forecast £1m in the bank at end of 2012 (which is no doubt open to debate!) surely allowing for the 1st qtr of 2013 VML should have a decent stash of cash tucked away now?!?

Given the last qtr of 2012 VML produced 1,154oz au & 17,830 ag and allowing for 20% increased production we should be looking at 1,400oz au & 21,500ag per qtr moving forward. With production cost of $700 & $13 respectively gross revs should perk up to a respectable £7.2m, operating profits at £4m and net profits after tax and 50% JV allowance equate to circa £1m.

Factor in the new 100tpd mill coming online in 2013, Wate project uranium progress, claim for $120m settlement from US gov for withdrawn uranium licences, possible copper JV partner and whatever else the VML fun bus can come up with things will no doubt be interesting!

edit: correct figure of $120m claim against US gov.
Posted at 29/1/2013 11:46 by martin c-j
Gazza - they obviously don't have as much money as they would like. What they haven't done is come out and tell us exactly how much money they do have, and how they plan on spending it. The implication was that they would preserve cash for a while, and restart operations when they had reached a certain level. Well the share price reflects that concern, which is why we are back at lows, and not breaking out to new highs. The good set of interims now seem irrelevant as a result of the news flow since September.

VML made this announcement in November......

"VANE is confident that production grades and revenue for Q4 will increase and be consistent with results achieved prior to the Q3 rainy season"


.....so I am hoping that when they give us the Q4 update in the next few weeks, their statement is corroborated and revenues will be decent. If they are not, I can't see the share price holding up too well, and if they are good, well let's hope it underpins the share price and we will have finally turned the corner.
Posted at 28/1/2013 22:17 by cerrito
Martin C-J, I am abit unclear as to the relevance of today's RNS for VML.
To me Geiger have not sold anything; obviously given the current share price weakness the value to Geiger of their holding of the convertible notes has decreased; in theory I suppose that as long as the share price is below 1.25p VML cannot excersize their right to prepay the loan but that for me is very theoretical.
Vane Minerals share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock