Vincentinvestor1
10 Dec 2014
topped up Topped up on the pullback this morning as webcast is putting meat on the bone - way undervalued imo. holding 2.5 m average slightly above 2
Vincentinvestor1
10 Dec 2014
-20% Today based on decent results very comparable with last year, only BNC is contributing more than FR and EPS is lower due to the fact that average outstanding shares of H1 last year did not include Subscription and placing shares of 17 September 2013, dont foget on the other hand that total equity for shareholders increased from 86 million US$ last year to 137 m at this moment ( 50% more equity fo the shareholders )anyway operational things are going well and smelter should be the main contributor for lifing EPSI will continue to add should ir drop below 2pcheers and have a great day
HPC Follower
10 Dec 2014
Re: 2,5p with 45 minutes trading left Down 11.5% Wednesday... no one likes talk on possible court cases... and no good news to counter this yet
Hodgefund
10 Dec 2014
Re: Half yearly results predictions Edison were bang on the money with $16m after tax profit for one year. MWA has a tax credit so no tax will apply after audit. Hopefully the final figure will be $25m+ for full year.The CIMGC issue will resolve itself in due course. They are probably irritated that the share price is so low after buying in at 5.5p initially as well as investing $30m. The fact that the current chairman and CEO can't manage this situation shows a degree of incompetence.HF
dotlink
10 Dec 2014
magubee is going stir crazy www.dailymail.co.uk/news/article-2867165/Zimbabwe-President-Mugabe-fires-vice-president.html and the chinese might be looking for the exit and is this good for mwana?
Baron83
09 Dec 2014
Re: 2,5p with 45 minutes trading left Some nice buys flagging now from earlier. 2 x £22Ks at 2.45p (on ISDX) and one £13K at 2.55p. Roll on tomorrow. 16:30 RNS - distraction that's all and tomorrow will overshadow.
Vincentinvestor1
09 Dec 2014
power games [link] shareholders are looking for an exit ... dont forget that their average is at 3.3 pence/ share... the only way they will be satisfied in the short term, could be per dividend payments, I put my money and trust in our ceoimo
Vincentinvestor1
09 Dec 2014
2,5p with 45 minutes trading left 2.5p will be cheap after tomorrows results, ebitda of more than 20 million US$ for the first six months, 70% more revenue, 100% more income after tax, do not forget the exceptionals, mwa always use exceptionals to fancy up their half yearly resultsdont forget they are marketing 20m bonds they will come up with something spectacularyou have been warned imho
Vincentinvestor1
09 Dec 2014
Ebitda multiples [link] 2013 M&A for the mining sector stood at 6.9x Edison expects Ebitda for this fiscal year at 35 million US$Edison expects Ebitda for next fiscal year at 65 million US$take over value for mwa based on ebitda multiples is around 245 million US$ or 150 million pounds or 11 pence per sharemwa is undervaluedimo
dotlink
09 Dec 2014
if update comes out 2morrow then sp might go lower because it always does, good news people will still sell
dotlink
09 Dec 2014
if update comes out on friday then expect sp to go lower 2morrow and thursday
Vincentinvestor1
09 Dec 2014
every US$1/ lb increase in Ni price adds 17 million US$ in revenue at 100% ( 11 million US$ for BNC taking into account off take at 65% )( 8.000t production (1 Metric Ton = 2 204.62262 Pounds ) x 2.204= 17.632.000 pounds productioncurrent spot 7.73 US$ /lbimo
Vincentinvestor1
09 Dec 2014
Potential value of a nickel discovery Edison did a good exercise for its MEP udate ( Minotaur Exploration dated 14 aug 2014 )Basically what they are saying is that a 100,000t nickel resources should be worth $40m, If developed, these could be worth $60m (p10/12)What they are saying is that Trojan( 100.000t/ni ) is worth $60m and Hunters Road ( 200.000t/ni ) is worth $80m, no value given to Shangai!, no value to smelter of refinerythis 90 million pounds valuation for BNC at 75% give's us 67.7 million pounds for its nickle business - around 5 pence ( fair ballpark number I would say )it demonstrates that mwa is undervalued200.000 shares raded today is a jokeimo
dotlink
09 Dec 2014
volume is weak, the mm's should let the sp drop below 2p then more people would buy
dotlink
09 Dec 2014
theres more sells than buys today and the sp is up, mm's are holding the sp up until the update this week
