HPC Follower
21 Sep 2015
AIM suspension More trouble or has the financing deal now been agreed (given this was dependent on solving some of the local issues)???Should hear more this week... and we will see if the new chairman continuing to sort matters out for MIRL is become a profitable and expanding business.
Tenobas
28 Aug 2015
Interpretation please Does anyone know the significance of the AGM resolutions?Is it just that Mr Pinto is well connected?
Deftly
19 Aug 2015
Re: Canada up 15% >Is this yet another case of the minority holding the majority to ransom over some point of leverage...I don't think it is anything like that. It's actually community liaison in action, and therefore a pretty positive thing. For every company involved in a project who are giving local people a voice, there are many who don't, or just make friends with some local politicians. It sounds like the local reps want some reassurance about personnel changes and whether that impacts on strategy, and I'm sure they'll get that. Without knowing anything beyond the news release, I think this has all the hallmarks of a speed bump in the road rather than a red light, and things will be up to speed soon.
HPC Follower
19 Aug 2015
Re: Canada up 15% Hopefully, things are getting sorted out - surely after $100 million of investment in drilling, mining equipment etc. and contracts, with more investment needed to ramp up production, the "locals" aren't going to through this all away at the last minute.Is this yet another case of the minority holding the majority to ransom over some point of leverage...
Jitter
19 Aug 2015
Re: Canada up 15% TSX buy price is 3.9p. J.
zombynation
18 Aug 2015
Canada up 15% On big volume as well
Tenobas
18 Aug 2015
And the gold price is looking good Bearing in mind that oil is a major cost of producing gold.
zombynation
17 Aug 2015
time to buy dont think the suspension will last for long and the mkp is extremely small now. With all the hard work been done really don't think this will go under. I'm adding
Jitter
17 Aug 2015
TSX Looks like they are still paying 3.7p for these on the TSX this afternoon. Back in here today at 2.75p! J.
Deftly
08 Jun 2015
Re: Deal is being finalised Deal done - at least the first part, which will keep them going for the foreseeable. A much more comprehensive package is being worked on and they say that will in place by the end of the year. That's quite a tight timescale but they must be going into that second and strategically more important deal knowing certain elements are already in place. If anything has surprised me it is how confident the company is sounding, with an emphasis on the value of the project to local people of particular note. At first glance, a steady climb is very possible from here. The Sept spread trade at 2.83 I opened is showing a good profit and I am looking to stay in for a while yet. I'll revise the target up as details of the deal clarify.
Euro Chess
19 May 2015
Deal is being finalised I spoke to somebody in the know and the financing is still being progressed with a target of finalising it in Q2.The good news is that there have not been any setbacks, but the nature of the deal and the group involved means that it has taken much longer than expected. This is due to legal formalities, admin and red tape rather than anything else. The project is seen by the parties involved as having robust economics and the financing is not dependant on the gold price.I asked about the Macquarie debt facility which matures on 30thJune, and the expectation is that this will be settled as part of the financing deal. However, if there are any unforseen delays, the risk of any breach of covenant will be mitigated as Macquarie are fully supportive and will make mutual arrangements as necessary.
HoleInTheWall
06 May 2015
Trades Screen not correct Hi,I bought 10K of these today at 11:21 for 0.05 the trades screen shows only 2 transactions for the day and only one of those at 10K.What I don't understand is that the 10K trade states that the transaction was a sell at 12:50 and for 0.0456.I am assuming this must be mine as the volumes match and has therefore has been reported incorrectly.Can anyone shed any light on why this might have happened? I look at transactions and volumes fairly regularly to get a feel for whats going on and if these are reported incorrectly it would be good to understand.Cheers.
Fatlunch
22 Apr 2015
Spread to wide again Good indicator that news is coming soon. Can't believe the MM have the spread so wide again.
Fatlunch
21 Apr 2015
RNS - Shame - rest in piece Let's hope the directors can turn the fortunes of the company around for the good fella.
Barrie
06 Apr 2015
I don't think there should be a stumbling block at all - maybe at 14.5p. There are a lot of investors watching MIRL to see what happens. When they get their financing, many of them will rush back in, because there is so much room to run with this one. It'll run and run some more and then run some more.
