Australia's largest stock trading and investment forum Australia's #1 stock forum

MCR

Click for more information

0.00%

$1.39 mincor resources nl

Why does UBS show up as 0.32% holder on Mincors Top 20...

First 6 Last

Share
Profile

Follow
zacnic

155 Posts.

14

07/10/22

13:27

Post #: 64084390
Share

Originally posted by beachtrade: ↑

I think UBS or the likes have been trading and getting a larger position as it moves between $1.75 and $2. This has been going on for a while.
The shorts as at the end of September were at .72% according to Shortman which is high for Mincor but this has also been up and down like a yo-yo.
I like this presentation and all things seem on track with ramp up. They will soon release some updated reserve/resource numbers which look like they will be good.
I am on the record for saying the golden mile will have at least 200k tons and Cassini 150k.
Whilst they won't know yet getting to 16k tons run rate buy the end of June2023 should enable them to plan for larger production the year after. After all they so many places to mine.

Happy to be a buyer today as I freed up cash on some coal.

Drill baby drill!

Expand

Why does UBS show up as 0.32% holder on Mincors Top 20 Shareholders as of 30/9 (and has for a while) when their Substantial Holding form of 23/9 shows 6.7%. Can anyone shed light on this.

MCR Price at posting: $1.76 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

There are more pages in this discussion • 1 more message in this thread...

First 6 Last

Add MCR (ASX) to my watchlist