Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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1 trade ...news tomorrow ???
I have tried to set up a number of meetings between him and a wider group of investors and avoided it as he is a coward, plain and simple. Managing as best as he can to avoid people payrolling him.
TBH, i should have dumped this c rap a long time ago, but i have bought some in blockchain and doing well. My advice for anyone stay clear of this company and look at Howe, he is a disgrace
Crap start for 2018. Looks like it's going to be rough if lanstead keep dumping stock. The presentations were good, only hope is that some institutions are willing go invest the 70m for a piece of the pie. Wish they would buy a few on the market though... Happy new year all.
Can’t be any worse than any other year tbh chesycustard. The truth is Howe is out of his depth and is totally useless. Sold Los calatos on the cheap and has nothing to show for it. Hopefully he croaks soon only way he will stop acting like a pariah Atb
'I thought' & 'redfeild'. Apologies on a phone.
Merry Christmas. Hmm, so, who bought the 6m shares from Lanstead in the off market transaction, hopefully there is a follow up notice. Lanstead were always going to off load as theirs was viewed as a loan with the sharing agreement I though, as opposed to refried whom are longer term holders, I hope. Still think we are going to have a good 2018, I have added again.
& Happy New Year to all Metminco holders!
Dammit, got all excited thinking Howe has resigned.
Sold out, bought VAST, recovered 50% of my losses in a month, by next year ill have recouped everything i lost here. HOPEFULLY
Yeah, I see he couldn't been be arsed wearing a tie for this interview, useless tw*t. https://youtu.be/lUjcCgVuaO4
Yep still invested . Bottom drawer stock until Howe buggers off
Hellooo...anyone still here/invested???
What's with the SP? Same on ASX, something brewing?
I fear that this share is on of those shares that belongs to the Chairman. The boss. He would eat your purchase with a placing. If they found a big diamond in the mud there would be a dilution. It has been that way since time immemorial. Soon will be news then another placing I fear. I am King Howe.
Moving on low volume. This is poised to move quickly on any more news regarding EIA, funding or a juicy holders RNS.
After 5 years and a 90% loss I'm finally out of this pig. Enough is enough Howe can suck my fat one
Metminco moves on Miraflores finance THE early-morning mist swirls over Quinchia, a quiet mountain town in Risaralda, Colombia, near where Australia�s Metminco (AU:MNC) aims to build a gold mine at its Miraflores deposit. From Metminco�s camp above the town you can make out the city of Manizales perched on the mountain ridge across the Cauca valley to the east, while to the north is the sheer white mass of the long-dead volcanic heart of Batero mountain rising out of the greenery. By Paul Harris at Quinchia Exploration drilling at Miraflores in Colombia TOPICS (select for more information): GoldMetminco Miraflores William HoweColombia Miraflores was one of the early highlights of Colombia�s Mid-Cauca porphyry belt exploration, a project that ignited investor�s imagination in 2010 when former operator Seafield Resources achieved the record for most shares traded on the TSXV in a single day after releasing a drill intercept of 449m grading 1.29g/t Au, including a 23.95m segment grading 9.18g/t Au. Seafield traded some 70 million shares that day. Having slipped from prominence during the exploration market downturn, Miraflores is re-emerging with a new feasibility study and, possibly, a fast track to production. The company is eyeing annual output of 45,000 ounces of gold and 22,600oz of silver over about 9.5 years from a 1,300 tonnes per day plant for a capital cost of US$71.8 million, excluding a contingency of 7.67% (or $6.1 million) based upon an EPCM approach whereby Miraflores assumes general risk. The FS gives estimated LOM cash operating costs of $599 an ounce and LOM all-in sustaining costs US$643/oz using a $1,300/oz gold price that would position Miraflores in the first cost quartile of gold operations globally. An additional $18.5 million in sustaining capital is required over the life-of-mine (LOM). The project yields an after-tax net present value of $72.3 million at an 8% discount rate (as per JORC requirements, compared to the 5% discount rate that Canadian juniors typically use) and an internal rate of return of 25%. Together with the FS, Metminco declared a maiden JORC and NI 43-101 compliant proven and probable ore reserve estimate of 2.98 million tonnes grading 4.35g/t Au and 3.08g/t Ag for 417,000oz Au and 295,000oz Ag using a $1,200/oz gold price and a 1.53g/t Au cut-off grade. The resources are based on 25,884m of drilling in 73 diamond drill holes and 236m of underground channel samples. Over LOM, the Miraflores plant would process 4.33Mt of ore grading an average of 3.29g/t Au and 2.56 g/t Ag for total production of 421,241 oz Au and 210,815 oz Ag. �We are delighted with the positive FS outcome which is further vindication of the company�s decision to pursue an underground-only development option at Miraflores as a means of reducing capital costs and shrinking the mine footprint. The study delivers robust returns and with this now in hand, we can focus on arranging the r
Think the second RNS was the feasibility study, the documents have different names on the Metminco home page: (RNS title here) Maiden Ore Reserve for Miraflores = (MNC homepage) Miraflores Reserves Release (RNS title here) Positive Findings For Miraflores Feasibility Study = (MNC homepage) Feasibility Study I was expecting something a little more official looking for the actual Feasibility Study, it feels more like a brief summary. Though they do say more details to come. Anyway there is definitely value there and a credible plan now, the market will correct shortly IMO, especially when they get the final approval. Bad news is we are still well below the benchmark price on the sharing agreement of $0.158, I am sure they were hoping to be above that after this. DYOR, GLA
Down to the wire negotiations going on? Buyout? Funding solution? Please not another farm out?
Its now gone 11pm in Sydney "The estimate represents a conversion rate of approximately 50% of Measured and Indicated Resources and has been based on information derived from the Feasibility Study (FS) for Miraflores, which will be released to the ASX today."
How much cash do these chumps still have left?
Shouldn't this be at least 1p higher anyway just to match the asx?
And there I was hoping to jump ship. I knew the 100% re-rate wouldn't happen.
There could be a fairy at the bottom of the garden. Let's face it, if this were a football team the manager would have been fired. Howe needs to be gone for this to have a future.