VYS - Vysarn Limited

[Lucky_Country]

Re: MHM - Macquarie Harbour Mining

Gees that chart looks great !!

Looking forward to seeing how far it can go especially with a few announcements !!!!!

 

[jonojpsg]

Re: MHM - Macquarie Harbour Mining

Ohhhhh, I see now! The "other" site has been touting MHM - that's what has been happening... and I though it was a case of insider buying. Still surprised that they haven't had a speeding ticket?

My silly wife sold at 23c about 6 weeks ago coz she was sick of waiting around for some movement!!!

 

[Logique]

Re: MHM - Macquarie Harbour Mining

I see the options have outperformed the ordinary shares, but to a great extent that's just normal metrics at work.

Interesting story going on with MHM, so I picked up a small parcel of the ordinaries to see how it all transpires.

 

[craigj]

Re: MHM - Macquarie Harbour Mining

have a look at the recent price and volume action
finally this stock is being re rated
if ever there was a long term multi bagger this is it
already cash positive and making money treating salt slag with best practice technology

 

[Joe Blow]

Re: MHM - Macquarie Harbour Mining

if ever there was a long term multi bagger this is it

Craig: Assertions like this need further elaboration. If you believe MHM is a "long term multi bagger" then you need to explain why.

 

[Broadside]

Re: MHM - Macquarie Harbour Mining

Joe Blow, they're in the process of upgrading their first salt slag plant, if upgrade goes well - and all signs indicate it is on track, on budget - it will be completed in October and EBITDA will be $8.6m pa. Based on one plant alone would justify a market cap > $50m.

If the first plant is a success more plants will inevitably be rolled out overseas to take advantage of opportunities to make waste landfill (a cost) into a profit centre for the Aluminium refiners. Capex for each extra plant would be paid off in less than 2 years, the cash flow is very strong.

Even without putting any value on their other projects, it's no stretch at all to see this as a future multibagger providing the first upgrade is successful.

 

[jonojpsg]

Re: MHM - Macquarie Harbour Mining

Joe Blow, they're in the process of upgrading their first salt slag plant, if upgrade goes well - and all signs indicate it is on track, on budget - it will be completed in October and EBITDA will be $8.6m pa. Based on one plant alone would justify a market cap > $50m.

If the first plant is a success more plants will inevitably be rolled out overseas to take advantage of opportunities to make waste landfill (a cost) into a profit centre for the Aluminium refiners. Capex for each extra plant would be paid off in less than 2 years, the cash flow is very strong.

Even without putting any value on their other projects, it's no stretch at all to see this as a future multibagger providing the first upgrade is successful.

Yep time to put some caution in the thread - current MC IS $51m so existing plant and upgrade is priced in. Any future gains are obviously based on success of technology transfer and Si project...which admittedly looking at the numbers in the US make for some serious potential BUT are not guaranteed.

 

[basilio]

Re: MHM - Macquarie Harbour Mining

WOW !!

MHM currently going tropospheric . Has reached 92c (started today at 58c) on the back of a very strong analysis of it's salt slag technology.

They put a price of $3.00 on the shares and when you look at the technology, it's need and effectiveness it looks like a no-brainer.

Go folks.

http://www.mhml.com.au/_content/documents/702.pdf

PS I actually did get in...unbelievable !..very happy. Thank you to Craig, Jnojpsg and Broadside for bringing this up.

 

[breaker]

Re: MHM - Macquarie Harbour Mining

Thanks fellas, managed to get in on the 28 th at .54 c
might have a drink tonight

 

[Logique]

Re: MHM - Macquarie Harbour Mining

Craig: Assertions like this need further elaboration. If you believe MHM is a "long term multi bagger" then you need to explain why.

Quite right Joe.

Enter RB Milestone Group on Wall Street (ASX anns today).

RBMG only accepts a select number of companies into their coverage universe in a given year, and those who are admitted into the RB Milestone Portfolio are deemed significantly undervalued and likely to outperform indexes and competitors.

To date, all of the companies that RB Milestone Group has admitted into its mining/resources coverage have averaged an increase of 41.54% on their share price since their coverage began, and of these companies, 100% remain at share prices exceeding their share price at coverage inception”. (Content provided by RB Milestone)

And from the linked research note on 28 Sept 2010:

...We assume that MHM would set up two plants in the US, with an initial invesetment of about US$50 million...Assuming a discounting factor of 14.4% and a span of 30 years production, we have arrived at a target price of $3.00, which provides an upside potential of 472.3% to the current [0.525] market price.

Well done the posters who were onto this one early.

 

[Broadside]

Re: MHM - Macquarie Harbour Mining

again, with the caveat "providing the upgrade goes well"....look at the US research report, and ask yourself why you'd stop at just 2 more plants if the technology is a winner? enjoy the ride, the upgrade will be completed within weeks and Alcoa is also visiting.

note the US report doesn't attribute value to the gold and silica projects

 

[Lucky_Country]

Re: MHM - Macquarie Harbour Mining

This little company has such great growth potential with Alumina refineries across the globe needing their salt slag solution technology.

A takeover is not out of the question imo but would need a big increase in the current shareprice as an offer to get over the line.

We are on a serious winner here with the re rating only just beginning $3 here we come !!!!!

 

[basilio]

Re: MHM - Macquarie Harbour Mining

This little company has such great growth potential with Alumina refineries across the globe needing their salt slag solution technology.

A takeover is not out of the question imo but would need a big increase in the current shareprice as an offer to get over the line.

We are on a serious winner here with the re rating only just beginning $3 here we come !!!!!

Ouch...You quite right IJH. Seriously hope the company directors have some sort of control plan to prevent a hostile takeover. With the big increases in turnover and the obvious potential of the company this would be the time to launch or set up the base for a takeover.

If hedge funds start to see this potential they would stalk and sell the company in an instant.

 

[Lucky_Country]

Re: MHM - Macquarie Harbour Mining

The saving grace for MHM on the takeover front is the low ammount of shares on issue that are tightly held.

IMO the top twenty would not let this company go cheap and probably not at all.

Im thinking about dividends in the medium term from MHM !!!!

 

[basilio]

Re: MHM - Macquarie Harbour Mining

Another strong day on Monday. Finished at $1.22 (up from 89c ). Will be interesting to see where it settles at this stage and how the negotiations go with Alcoa et al

Very nice ride thank you

 

[craigj]

Re: MHM - Macquarie Harbour Mining

sorry joe

the company treats salt slag that is sitting in landfill around the world waiting to be processed and MHM has the worlds best practice technique

more like a waste management play than a mining play

cash flow positive and openly state they are prepared to borrow money to build plants in US instead of capital raise and dilute company

good luck to those that got on

 

[Logique]

Re: MHM - Macquarie Harbour Mining

Might see some happy Alcoa execs on their visit downunder.

http://www.marketwatch.com/story/alcoas-earnings-beat-upgrade-sends-stock-up-6-2010-10-08

By Shawn Langlois

(SAN FRANCISCO) -- Alcoa Inc. (AA 12.90, +0.01, +0.08%) shares gained more than 6% to $12.94 in early trading Friday [8 Oct 2010] after the aluminum giant reported a better-than-expected third-quarter profit a day earlier.

An upgrade of the Dow component to overweight from neutral courtesy of J.P. Morgan also provided a boost to the stock, which is still down 20% so far this year.

 

[evo1965]

Re: MHM - Macquarie Harbour Mining

$1.10 hanging in there have been as high as $1.30 anybody got any news on why they went up so fast.

 

[jonojpsg]

Re: MHM - Macquarie Harbour Mining

$1.10 hanging in there have been as high as $1.30 anybody got any news on why they went up so fast.

Read the thread!! Or look at their announcements!! Come on, do you expect to be spoon fed?

 

[Assasin]

Re: MHM - Macquarie Harbour Mining

Went to Alreco on Tuesday, plant still being modified. Hundreds of stored huge bags of what I assume is slag/waste waiting to be processed. Have seen some trucks getting around with these big Alreco bags on board.
As far as the evaporation ponds sight goes, well it's still just a paddock.
Workers at Alreco were helpful, however refered me to MHM Ben Mead for any further information which was fair enough.
Will keep you posted if I see any change.