focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Still confused. So when are the 2nd and 3rd payments due exactly?
My understanding was that it's full settlement rather than the first tranche though? Unless I'm mistaken?
Someone's confident
Probably wrong but at a rough guess I'd say 3x current market cap/SP? I'd be more interested to know when this may happen, the only alerts I ever get to my share account from MNC are for fundraising!
I remember watching one of his interviews a year or so back thinking, hmmm Howe speaks with a dry mouth, reminiscent of someone who's nervous, lying or both. Should have trusted my instincts, the guy's a prick
A negative view? Are they taking the ****?
Chestcustard can you elaborate on your Oct 31st post re: phone call?
Great time to be invested in gold, probably not the stuff we're sat on though.
Posted by Eric66 20/0816:- Aussie Investor As a result of putting my email up on LSE I have been contacted by a shareholder based in Austraila. He claims to be close to the board and is able to get some of these cryptic RNS's clarified. What do make of this he is saying we all have missed a crucial point IThere is one very important thing that I noticed in the recent 4/8 announcement: ( that does not seem to be properly understood or appreciated by shareholders or the market ) “A condition of the Agreement is that the Company will use its best endeavours to distribute at least 90% of its holding in Hampton Mining (the wholly owned subsidiary holding its interest in the Los Calatos Project) to its shareholders within six months of completion. The Company will in due course be calling a meeting of its shareholders to seek approval for the return of capital to effect the in specie distribution of its holding in Hampton Mining.” If this occurs as stated it will involve an offer for return of capital ( payment to shareholders from Metminco ) for an assumed value of the remaining portion of LCH. I assume and have had indication that this would be based on the valuations already used to value CD capital input for their percentage ownership etc. ( USD$45M for 70% and therefore 30%=USD$19.285M), maybe even higher to entice shareholders to participate given that the transaction and funding is underway and also depending on how many parties are bidding for this equity slice. The timing of this may be as early as this calendar year. I believe that announcement of this provision alone will propel the share price beyond the price offer. It will allow existing shareholders to take a choice to be compensated to exit their ownership of LCM via MNC, possibly allow LCM to become a private/unlisted entity, and then shareholders in MNC would have remaining value in Columbian project after having been compensated for selling share in LCM.
What's the best we can hope for by Xmas? I only need 0.23 average and I am outta this dog **** share
As the company seemingly don't respond to emails even the slightest crumb of information keeps me going.
Spotted this from last month, anyone able to translate? https://twitter.com/robertotello11/status/782390268096028672
Believe it when I see it. Still no response to my email. Howe is a c0ck
Has this happened yet? I emailed them on Tuesday but no response
What is the best we can hope for from MNC short term? I have no intention of topping up and reluctant to sell while out if the money. Is there any hope of seeing .30 again anytime soon?
Yeah will do, cheers Eric. Not much of a Skype user, but do you think it's the sort of thing that could be recorded or minutes taken for those who can't attend?
Assume this would be Australian time? How do we register?
Is there a glimmer of hope that we might get anything positive this side of Christmas? There's been no new information to discuss in a while now
Strange morning. Momentum seems to have stopped
I concur. WH is incapable of adding value to shareholders.