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around this time last year - awaiting same event
rig news? low volume @ each offer only 33m shares in issue of which 66% not in public hands
low volume remain @ offer
China's the future and at the forefront re Shipbuilding & LNG is the 'talk-of-the-town' for future too. After Asia's largest shipping show, last week. hxxp://splash247.com/marintec-china-showcases-future-shipbuilding/
2 weeks today 21 Dec 2015 RNS 21 Dec 2016 RNS 21 Dec 2017 RNS?
Investment of $500k isnt going to save anyone from the silence of the board !
They claimed to have 2.1m dollars; then lent 800k to MGR so probably need cash soon.
Well they have a 6.2m LOSS over the last two years and results due this month....... only income from MGR lo and and directors are well paid from that...
Latest forecast: Positive future expected for Iron ore(MGR Resources) https://www.bloomberg.com/news/articles/2017-12-04/iron-ore-surges-toward-bull-market-as-china-supercharges-steel
SUPERlucky.. you say cash call at what price?
So what ?
- random amounts for years. No news.
21 Dec 2015 - RNS 21 Dec 2016 - RNS 21 Dec 2017 - RNS? Would expect update this month, awaiting news
On the same lines at YZJ's link from Knicol, this mention from today, on how LNG is increasingly seen as the future. http://worldmaritimenews.com/archives/236647/survey-lng-retrofitting-sparks-high-interest/ Indeed YZJ's chairman has stated this over the last couple of years, and has stated our yard, as I've quite recently posted. Just a matter of time before an interesting development occurs.
superlucky79, "our investment", I think you should open/add to your short, if you can find a spreadbetter to accept your "investment". I am very comfortable with my investment at these levels. Time will tell of course. Good luck with your trading decisions.
That is great news indeed. The chances couldn't be higher, so that's a dead certainty ! Excellent...we should see our investment on the 2 year old rig cover all other expenses and losses and make up a profit =) So really thisthiseans the SO is certain to quadruple....perhaps 10bag
Can probably buy @ offer now
@ offer
tick up imminent - awaiting the news
Why?
Possible today.