dotlink
03 Dec 2014
from the look of rsi and macd the sp will be heading to 1.8p before the update next week
dotlink
03 Dec 2014
still got a week b4 update and news, so sp will go below 2p then, the lower the sp goes down the higher the sp will go up when goods news comes next week or probably sp go down still even with good news haha
AlphaCentauri
03 Dec 2014
Re: oil gold and the dollar Your final comment about the AIM market is so true. One of my other holdings GBGR is moving up to the main market in a couple of weeks time in the hope of being taken more seriously. It will be interesting to see how this affects their share price. It would perhaps help credibility if MWA were to do the same.
AlphaCentauri
03 Dec 2014
Re: Benefication Vincent, the word "benefication" does not appear in the English dictionary. It is created by the writer to both impress and confuse! You have fallen into their trap!
Vincentinvestor1
03 Dec 2014
oil gold and the dollar Because gold traders often track the cost of oil, which can impact consumer costs and inflation, Brent at 70US$ is not good for gold price adding to the pain for investors in the metal is a dollar rally that’s curbing demand for alternative assets.The outlook for gold remains bearish The metal will remain in a downward trend as long as prices don’t climb above $1,225 to $1,240. Bullion may slip to about $1,000 in six monthsMWA needs to show a drop of C3 costs below US$1000 otherwise the gains in the nickle business will be offset through gold!I believe 2.4 p is an absurd price for this company, I dont see any added value for this company to stay listed as such as mining is a long term business and MWAs management is clearly demonstrating that they can execute on a long term business plan but the mechanismes of the AIM market will kill any upside momentum abusing short term news imo
Vincentinvestor1
03 Dec 2014
Benefication [link] commitment by platinum producers to undertake beneficiation and value addition initiatives, Government decided to defer export tax on unbeneficiated platinum to 2017.I would like to assume that MWA's smelter upgrade could play a role in this platinum benefication programfyi
DEREK 1968
02 Dec 2014
Re: Publication of Bond Prospectus There is a requirement to invest and a lack of bonds available so I suspect it will be over subscribed. There was no level of stress from Kalaa over the bond.
dotlink
02 Dec 2014
more sells than buys yesterday, same today the sellers are at the lead
Vincentinvestor1
02 Dec 2014
Re: Publication of Bond Prospectus In addition, the Reserve Bank of Zimbabwe, in an effort to smoothen the bond market, has since made bold strides by opening up participation of foreigners on the bond market, scrapping a 40 percent limit and allowing full investment since Sept 2014It will be intresting to see if BNC 20mUS$ will be fully subscribed or not.IMO
AlphaCentauri
01 Dec 2014
Re: Publication of Bond Prospectus I feel certain that "in country benefication" will have a dramatic effect on the share price!! Can't wait for more good news!
Rogen83
01 Dec 2014
Re: Publication of Bond Prospectus and Gold bouncing from Swiss vote sell off. now just down 0.8%
Rogen83
01 Dec 2014
Publication of Bond Prospectus Lift off....Mwana Africa PLC("Mwana", the "Group" or the "Company"
Publication of Bond Prospectus Mwana Africa is pleased to announce the publication by its 74.7% ownedsubsidiary, Bindura Nickel Corporation Limited ("BNC" of a prospectus inrelation to the previously announced bond to help fund the restart of theBindura Nickel Smelter.Highlights: * Prospectus for $20 million bond issue published and marketing commenced * 5 year term with 10% semi-annual coupon rate * Expected to close late January 2015 * Liquid Asset Status granted by the Reserve Bank of Zimbabwe requiring Zimbabwean banking and other financial institutions to invest a minimum percentage of their assets in the Bond * This is in addition to the bond's Prescribed Asset Status which allows it to be carried as such by Zimbabwean insurance and other long-term savings institutions * The proceeds of the bond will be used to help fund the restart of the Bindura Nickel Smelter which will enable BNC to produce a nickel leach alloy which is expected to improve the achievable nickel price and lower operating costs. Any additional funding for the smelter will be provided out of existing BNC cash flows Mwana Africa will provide a parent guarantee for the bond.Kalaa Mpinga, CEO of Mwana, commented:"We are pleased that BNC have published the prospectus in relation to the $20million bond and look forward to updating the market on our progress over thecoming months. We would like to thank the Reserve Bank of Zimbabwe as beingawarded Liquid Asset Status allows BNC to widen the financial institutions thatcan support and participate in the bond, potentially increasing its liquidityand tradability. The restart of the smelter will allow in-country beneficiationand will provide significant benefits to BNC and Mwana".
dotlink
01 Dec 2014
oil down, gold down, silver down, iron down, nickel down and a very high chance mwa is going down too around 2 - 2.2p
Vincentinvestor1
30 Nov 2014
Swiss say no It´s going to suck for the miners if there is a heavy price plunge though.For stackers like myself, it´s just another opportunity to trade paper for gold and silver...only I´ll need less paper than before.
dotlink
29 Nov 2014
gold is down and so is nickel, might see under 2p again
