Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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This is currently the biggest let-down of a share currently. I have been invested for years, from the EUA boom days. Unfortunately, I still like Gold Ridge but the BOD is so out of touch with investors its unreal. There are a couple of people trying to put life back into the share at the moment, but until the BOD (RG) builds trust & relations with investors I can't see myself or anyone backing it.
RG - You need some new blood in the business people can trust! Fix that and I'm in.
The company's first priority is to resolve the ongoing legal issues. However, the main focus is
on the EQTEC Business Partnership and the investment in Italy, which is now producing electricity.
Metal NRG plans to refinance the plant to generate additional revenue to invest in other projects,
including Gold Ridge.
The company conducted a geo sampling program at Gold Ridge, which confirmed the geological
interconnectivity between the three previously producing mines, enabling the company to define
specific targets for drilling. Metal NRG plans to spend around $1.5 million on Gold Ridge over the
next 12 to 18 months.
The company is not currently looking to raise funds from the market and is exploring other
opportunities for funds to progress its projects.
So, not the eqtec news we were looking for, up 24% at close yesterday
crashed on other news this morning.
The wait for Italy, Cash and/or a new Rolf plum continues......................
EQTEC ended up 24% , guess Italy news about to drop.
MetalNRG, through its Special Purpose Vehicle MetalNRG Eco Ltd, is partnering with EQTEC plc
and a consortium of co-investors to recommission a biomass-to-energy plant in Tuscany, Italy.
MetalNRG has invested a total of €700,000 for a 15.88% equity interest in the Project.
Last rns, to be up and running, EARLY 2023
eqtec on the move up 18%
https://www.lse.co.uk/rns/MNRG/italia-mdc-update-8tts81ketixc7nl.html
In their September note on MNRG Align claimed to have "an interest", if they now have a "substantial interest" - I guess that means that they have bought shares (in size). They might not have a great track record (most recently in IRON) but I don't doubt their motivation.
Not unusual for Align to put their money where their mouth is, only one
I recall, they sold themselves a pup on , was in pfp legal's and court stuff
still wrangling on now, years later. GLA
In their recent note Align claim to have a "substantial interest" in MetalNRG (whereas in a recent note on Kore they claim to hold a "position"). Is anything known about their substantial interest ?
lol
probably not wrong but a London listed sub £1m Market, usually leads to some
very nice rises and profits, if he gets just ONE right, lol
spreading the love from a slice elsewhere, including a top up here 922,548
crazy market valuation currently, has to be worth regular accumulation
until Rolf reveals his mater plan.
Or at least how he is going to overpay himself this year, lol
GLA
http://www.alignresearch.co.uk/metalnrg/metalnrg-back-to-work-full-time-on-the-corporate-strategy/
Given the outgoings you won't have to wait more than a couple of years at most.
*tuned
Welcome to your next instalment of "Crown Court", stay tubed!
Do you think we'll actually EVER get a return on our 'investments' or simply spend years trying to get money back for Rolf to spend on maintaining his lifestyle?
Do the BOD and their joke fantasy player investment partners ever give up battering investors? Yet another court battle…
Rolf is working hard, producing share holder value.
Shovel ready.
With no income. Just living on the court case money. Rolf on holiday somewhere warm and sunny?
is this boiler room scam still going
so that must be do as little as possible in as much time oh and just get my snout deeper in the trough after fending off the three musketeers , hope they come back but a bit more prepared .
Arise Sir mnrg, can it hold until close, or better, Rolf has leaked his next
master plan. GLA
OK thanks
Let's see if anyone else put there is willing yo.put themselves out to try and save the company
Let's see what the BOD have planned too.
They cannot fail to notice that a hood portion of shareholders are not happy so let's hope they pull their weight moving forward
No words, but how are you? Rolfy still sailing to Monaco, cigar and champagne?