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I think there may be "one" seller who may be exiting on the news. Once he has gone then I reckon this will break through 0.1p.
Chris was previously the Chief Executive Officer of Gold One International and director of Sibanye-Stillwater, one of the world's largest primary producers of platinum, palladium, and rhodium and a top-tier gold producer. He is also the co-founder and CEO of African Gold Acquisition Corp. (NYSE: AGAC), a New York Stock Exchange-listed special purpose acquisition company, from where he will resign in due course to focus his experience and capabilities on MetalNRG. Chris will join the MetalNRG Board with immediate effect as Executive Director and work alongside Rolf Gerritsen (also Executive Director) to complete the business review and determine the best way forward.
Wow!
MNRG is tiny.
Blimey, and more good news out
Could get a really strong finish here today, over 0.10p?
Calibre of directors
Funding
💥💥💥💥💥💥
28%
✅☑✔⬆🆙🆙🆙🏁🛫
Now up 20%...........GLA😉
As part of the ongoing review, the Company has identified a number of potential reverse take-over targets
https://www.lse.co.uk/rns/MNRG/company-update-wv1sejouoqhjoob.html
To assist in the completion of the business review, the Company is delighted to welcome Chris Chadwick to the Board. Chris is a highly experienced mine operator with a demonstrated track record of success in shareholder value creation. Chris was previously the Chief Executive Officer of Gold One International and director of Sibanye-Stillwater, one of the world's largest primary producers of platinum, palladium, and rhodium and a top-tier gold producer. He is also the co-founder and CEO of African Gold Acquisition Corp. (NYSE: AGAC)
The Company has secured the services of Scott Gilbert as the Head of Operations.
Finally, also joining the team is Damon Chadwick in a senior project management role
Furthermore, the Company announces additional strengthening of the management team, with the appointment of Andrew Sekandi as a Risk & Compliance officer.
The Company plans to complete the strategic business review by end September
📰👀💥
Peel are having a lie in this morning so Ask was set at the next highest 0.08....
0.07 0 PEEL 16:55
0.08 500,000 JBER 07:51
0.08 500,000 MREX 07:53
0.08 500,000 STFL 08:00
0.08 500,000 WINS 07:30
0.09 500,000 SCAP 07:50
May explain the tick up.
Hope you are keeping well M8 ;-)
Real LSE status
Price (GBX)0.07 7.69% (0.01)
MNRGORD 0.01P
Track
1 instrument
Open / Last close0.07 / 0.07
High / Low- / -
Bid / Offer0.06 / 0.08
Special Condition: -
Trading Status: Normal - Regular Trading
touting for business , or some background activity ?.........GLA😲😉
Looks like any decision will be a while yet.
On that link , monthly events under button Procedural Details
Hopefully some positive event to report in August on the Kyrgyzstan v imc arbitration
which could be a very big cash boost to mnrg, seem to be throwing files/motions at
each other monthly, nothing this month so far
https://icsid.worldbank.org/cases/case-database/case-detail?CaseNo=ARB/22/25
Travelling back next week, hoping to see a Rolf update on at least Gold Ridge,, last
RNA message about it on the rns news wire, some results due end June, early July
from the lab, WAKEY WAKEY Rolf , its now running towards the end of August..GLA
Don't think anyone will notice until MNRG is back over a penny
Good time to buy any stock is when no one is interested
£800k MCAP lol
Market Capitalisation £800k
Multiple assets , court award over £1 Million
MNRG , well slapped bottom, ready to BOUNCE.........GLA 😉
Likewise 3rd May RNA Message
Following the rejection by the High Court in London, for the defendants to appeal summary
judgement, they were ordered to pay MetalNRG the sum of £1,019,999, plus costs, plus appeal
costs and interest.
Plans for that award of more than current Market Cap.
Also any update to Feb Arbitration RNA Message
MetalNRG's investment in Kyrgyzstan
IMC's claim before the ICSID is for a minimum compensatory payment of US$ 63 million, plus interest and legal fees, to be assessed. The ICSID tribunal designated to hear the claims has now been constituted and the first hearing is scheduled for 9 March 2023.
At the time of the ban, MetalNRG held a 9.9% equity interest in the asset; since the ban
MetalNRG has supported IMC with a convertible loan facility for US$ 341,441 to date.
Come on Rolf
get some news flow rolling and bounce this baby , at least to a Market Cap beyond
the recent cash award level 😜😲🤑
4th May RNA Message on the rns news wire.......
MetalNRG now plans to complete 400 additional geochemical samples in phase 2.
The laboratory analysis will be conducted for Gold, Silver and 49 other elements by ALS Chemex.
The Company is keen to further develop its plan and work towards identifying drilling targets.
Following the work on site, the Company will inform the market of results once the laboratory
has completed their analyses, which we anticipate will be towards the end of June or the
beginning of July.🙄
📰👀
I emailed him to enquire if there were any questions at the AGM and he replied that there were no questions but when there is something to report to the market he will do so.
No proactive?
AGM tomorrow.. hopefully there will be an update too.
Have we had any news on the court cost hearing ?