Recent content by hookon

People who went the meeting yesterday said: SRK Very sure they will win legal issue & even could be settled out of court soon. PFS will be out in July. They didn't commit to a time frame. Obviously they need to review it & work through it. Don't want them to rush it as it is important...

Spoke to management prior to announcment & they had said me queries would be covered in the announcment. Whcih they were to some degree. Happy with the front foot approach. At very least we will get a result one way or the other instead of it being used as leverage when ever they feel like...

Yeah brokers giving some big prices which would be great. Obviously they need the resources to get near those prices. Hopeing for big spike when they do. Court action needs some clarification. They need to tell us whats at stake but i think its that early even they don't know. They say only...

Don't know anything about Peru. But South America more known for the poor than the rich. D&C group could actually help us once we get shares sorted as they may have some power to get stuff done in Peru. I think i will wait for the resources upgrades & hopefully that will spike the price...

Management are a mistery. Some people like some don't. I was very unhappy with PFS delays & the company making Resource upgrades due in Sept have every chance of being delayed going on the short history that i know. They have however secured there 68% early which seems to be smart even...

G'day Prawn 86 Nice job. Looks like your going mad talking to yourself!!! LOL!!! I got a tip in the last two weeks for this coy & have jumped in @ 36.5 cents. Was told they should be worth or head towards $0.80 - $1.00. Unfortunatelty for you i can provide very little...

Maybe they don't want to T/o maybe want majority ownership of both. Highly unlikely as you say. But at the end of the day even mitsubishi would have to think about being bought out if the price was right. Also highly unlikely. Interesting to see what comes if anything. Maybe they want...

Well Money Talks. When MMX went to take Over MIS they attacked MIS for not taking the best deal for shareholders. MMX indicated that they would not be so greedy & would take an appropiate offer if it was in the interests of shareholders. Plus at the end of the day MIS & MMX are better as...

http://www.theaustralian.news.com.au/story...5005200,00.html Sinosteel is circling (from afar bar circling) Sinosteel has temporarily withdrawn its application seeking prior approval to take a stake in another iron ore company in WA's mid-west, Murchison Metals. A spokesman for Sinosteel...

http://www.businessspectator.com.au/bs.nsf/Article/Nickel-play-DY6E5?OpenDocument Is a merger still an option?:cautious::confused:

I agree. In australia you would take off the cost of the asset on sale for your CGT. Don't know about 12 month discount a) If taxed in Peru the 12 month discount is an australian tax rule b) If taxed in Australia a company is not eligible for the discount Either way i believe there is an...

http://www.theaustralian.news.com.au/story/0,25197,23519638-16941,00.html Has Sinosteel shot it self in the foot?

Any one else really disappointed in the announcement & share price response. Does it really take a two day trade halt plus a weekend to respond to media speculation? Did they think the deal was going to be done but didn't? Or are they shopping for a better price? Stating the price of...

Next court date is in may. MMX complaining that they want it sorted out ASAP. MMX says that they can't engage in any takeover activity because an potential target will reject due to chameleon worries. Then MIS & sinosteel have said they wont buy MMX while Chameleon problem exists & they...

Announcement - Halt related to Opes - Who are a major shareholder & have part of their stock in GBG Financed. Opes are in voluntary liquidation & all activities & accounts including customers frozen.