Metminco Live Discussion

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Maverick 16 Oct 2017

Sold a while back Nice rise now! All down to the metal price rises I guess.

Damocles666 04 Jan 2017

Re: Value Gap- Correction? Fat fingers on the calculator.CD Capital Fund is investing up to US$45m for 70% of the 'world class' Los Catalos copper prospect. This would value MNC’s 30% at around £15.7m. Current M/Cap £5.2m, exactly one third of that. And all other assets, including the new Miraflores gold prospect, are thrown in for free.MNC’s CEO is on record in June 2016 as saying the PFS on Los Catalos could add “12 to 15 times the current capitalisation of the company”. M/Cap at the time was around £7.25m. His prospective valuation would equate to £87-109m or 96p-120p per share at the new capitalisation.Surely a Buy and Hold for the patient investor.

Damocles666 04 Jan 2017

Value Gap? The share consolidation and release from suspension has brought MNC to my attention.Correct me if I'm wrong ... CD Capital Fund is investing up to US$45m for 70% of the 'world class' Los Catalos copper prospect. This would value MNC’s 30% at around £26m. Current M/Cap £5.2m, exactly one fifth of that - 5.75p). And all other assets, including the new Miraflores gold prospect, are thrown in for free.MNC’s CEO is on record in June 2016 as saying the PFS on Los Catalos could add “12 to 15 times the current capitalisation of the company”. M/Cap at the time was around £7.25m. His prospective valuation would equate to £87-109m or 96p-120p per share at the new capitalisation.Surely a Buy and Hold for the patient investor.

DannyQSee 20 Jun 2016

Farm-out deal Interview with William HoweHe tells Proactive Investors that this will in turn “add an enormous amount of value to the project”.Howe says the feasibility study could add “12 to 15 times the current capitalisation of the company, so from the point of view of Los Calatos it is a very big deal for Metminco”.[link]

Simbr 14 Jun 2016

Re: trading halted on ASX SP Angel note from this morning: "Metminco has announced that it has signed a binding Heads of Agreement with CD Capital Natural Resources Fund III (CD) for an equity investment of up to US$45m in Los Calatos Mining its Peruvian copper project.The transaction with CD not only ensures the funding for the feasibility work at Los Calatos and provides Metminco with the opportunity to focus on its Colombian projects, it also puts a benchmark value on the company’s residual 49% interest in Los Calatos at approximately US$15.4m or approximately 1.7 times the current market value of the entire company."scraped from Research Tree

Simbr 10 Jun 2016

trading halted on ASX SP Angel published a note this morning, scraped from Research Tree: "Metminco Limited advises that trading in the shares of the Company was halted on the Australian Securities Exchange ("ASX" today pursuant to ASX Listing Rule 17.1. The ASX trading halt was requested due to the Company becoming aware that price sensitive information concerning advanced, but incomplete, negotiations regarding the Los Calatos Partnership Process (announced 21 October 2015) may be in the public domain. Company notes that its shares will continue to trade on AIM throughout the period of the ASX trading halt. It is expected that the ASX trading halt will end no later than Tuesday, 14 June 2016 when the Company is anticipating being in a position to advise the outcome of these Los Calatos Partnership Process negotiations.

Simbrad 10 Jun 2016

SP Angel published a note this morning: "Metminco Limited advises that trading in the shares of the Company was halted on the Australian Securities Exchange ("ASX") today pursuant to ASX Listing Rule 17.1. The ASX trading halt was requested due to the Company becoming aware that price sensitive information concerning advanced, but incomplete, negotiations regarding the Los Calatos Partnership Process (announced 21 October 2015) may be in the public domain. Company notes that its shares will continue to trade on AIM throughout the period of the ASX trading halt. It is expected that the ASX trading halt will end no later than Tuesday, 14 June 2016 when the Company is anticipating being in a position to advise the outcome of these Los Calatos Partnership Process negotiations. scraped from researchtree

Jitter 13 May 2016

Good write up from MI yesterday... [link]

kipngail 07 Mar 2016

Happy New Year Well, it certainly has been here so far this year.Well done folks

Gold or Silver 05 Mar 2016

Financials This may turn into an arbitration case .Let`s hope the access can be sorted .Or perhaps the little project become good.Or AN Other .Good luck AllChartwise looking corking.And May

cantremember3 24 Dec 2015

Wow - Read This..."PROJECT PIPELINE Slipstream has reviewed over 700 companies and their assets to identify suitable investment opportunities for the Fund. We have identified several high quality assets that fit the Fund’s mandate. We are currently in negotiations with the vendors of two outstanding target assets. Both are high grade copper projects located in favourable infrastructure settings with stable, well-regulated governments. Both have considerable upside potential."

cantremember3 22 Dec 2015

Most of the drop in our share price is external forces: First Quantum Anto Glencore All share prices akin to MNC have dropped Copper prices have hammered Regardless of dilution when copper is in deficit next year and shorts go long then ill be content for true value to resume northwards. GLA - In it for the 2p range at the least!

cantremember3 13 Dec 2015

Just look at the Share Price over the last 3 years vs. the Spot Price of Copper. The share price has a lot to do with the price of copper whether we like it it or not the correlations are indeed what perhaps the brokers, Market Makers and big boys are looking at. The last year alone, excluding the 0.5p spike earlier this year are closely related and uncanny. What does this tell ordinary investors? It is sentiment driven but also calculated by MMs in terms of tomorrows worth. With this weekends news in mind, I am more than bullish on MNC. Short term copper could get back above $2.4/lb imo, good luck all

cantremember3 11 Dec 2015

My Guess: If a Joint Venture / Part Sale with massive cash injection expecting a SPECIAL DIVIDEND Distribution to existing shareholders who are on the Shareholders Register at a predefined date prior to the announcement, that would stop anybody on the day wanting a quick buck i.e. Day Traders spiking this to come crashing down. Something tells me £75-200m i.e. 2p to 4p dividend as a way to return value to shareholders... Good luck all...

cantremember3 09 Dec 2015

SP has been literally walked down from placing price of .20p to .147p on nothing but fear and fair bit of selling. Placement investors may have had a delta-type trade making money on the way down here. 1p on a decent deal in the short term seems plausible. I am stunned nobody but me has been buying at these levels. Even if they do a raise at 0.001p it still leaves the potential deal open. Madness, Glen, AAL etc are getting their rewards with £bn debts, Metminco has £0 thank feck for that and an asset worth a shed load ready for the next cycle. Just need the damn funding for the next few years sorted and agreed

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