Member Info for GedW

The Chairman will deliver a statement to the Members today, which will outline that revenues are rising ahead of expectations and profits being advanced as the Corporate restructuring takes effect. Turnover and profits are expected to continue through 2008 and through 2009.

Has secured two new contracts totalling in excess of £126Mns. "click" on COST shares new link above or go to londonstockexchange regulatory news section for a fuller spec.

All down to the liquid oil flowing these days. From a negative 8p point fall at the start of the session to a positive 8.5p point rise on the back of improved resource numbers. With a relatively small issued share cap base and good institutional backing, SORL will have more to travel. Included these in the General Hotties for some while now, my opinion has not changed. Very much a medium long term play with short term profits to be bagged.

Moving from a negative loss to positive territory, BSG has improved profits by some £1.2Mns, and improved cash position by 13% to £9.3Mns. Divi up improves and will be 0.4p/share. Final report puts a positive outlook on the Business.

By introducing a conjestion charge in Valletta, one of many planned European schemes. ANPR APC Talon and Cobra system will be installed for a contract period of 10 years, APN has a 30% interest in the consortium running the scheme. The idea is to control short stay parking and make longer stay more expensive.

Some 2.54mns new shares will beging trading on 18th June, but will have an additional £889k additional funds for working capital and contract exploitation needs. Share price will take a hit in the short term but should recover once absorbed and mopped up by a market that looks to have taken a shine to EPO

As suspected, a revised production report on the Costayaco resource has been released to the market today by the news regulatory arm of the londonstockexchange. The report improves on the situation previously by a significant amount, along with pipeline developments that will replace existing trucking operations. Resource flows are improving significantly. RNS released today makes sound reading.

By paying off a £1.15mns loan back, DSN will save itself £s in interest charges. This tidies up the Balance Sheet and will make it look a whole lot stronger and the saved interest payments should be wisely used.

Again, the share price has stalled for now, but a strong opening this session, on what looks like some share enhancing Corporate offering. Based on the recent Colombian drill report and perhaps some positive update on the past security issues shackling the sp. A good performer this stock in the medium to long term, but chances presented to lock in profits and opportunities to buy back in cheaper.

Subsidiary Meridiun Resourses USA inc will enter a purchase and sale agreement to take a 60% interest in East Lake Verret field in Louisiana for $9.84Mns. Will be raising $50Mns for additional funding. Proven reserves 768,000boe; Proven/Probable 1,020,000 boe; Reserves split 55/45 gas/oil. Deal is conditional on funding being granted.

After having bought DWY in 2007. DWY has produced an update from its KimCor workings. Production has increased to 5,173 carats of diamonds from a previous monthly average of 1,200 carats. Annual carat production is on target of 150,000.

5,173 carats was the diamond output for May up from a monthly average of 1,200 carats/month from KimCor, the Board anticipates that this output will increase within the next 6 weeks. The expected output from this mine is annualised at 150k carats.

Mr Richard Eldridge bought a further 500k shares paying .79p/share. This latest purchase takes his holdings to 31.25mns of the issued share capital ("isc") representing 6.3%. A good idea would be to follow Directors' lead here as they continue to buy into the Co.

Has teamed up with Ford for the Transit and Connect fleet range of vehicles. This is a major coup for CYH that fought of much heavier hitters in the telematics sector.

As there are only two ways a listed Co can raise funding, Debt or Equity. Debt has become very expensive to maintain and harder to secure, the only option left is secondary offers. The downside is that more paper means lower earnings ratios, the plus side is the Balance sheet becomes stronger. In the final analysis, Banks/Private funders can withdraw their support when it comes to the Debt angle, and likewise Members can withdraw their support on the equity side of the fence, if enough members shun these secondary offerings Directors are put in a corner with nowhere to go, the Co is then starved of funding and has to liquidate itself if it cannot continue to trade. The argument put forward will be one of a general market downturn and a harsher trading environment causing the liquidity problem. C'est la vie. Disgruntled members can shun the offer, that wwould be the clearest message to the board, unfortunately the larger shareholdings hold the balance of power and rare for them to shun a rights offer as they have a lot more to lose than they gain.

I agree in part, but the only reason MMS came into being through its Initial Public Offering ("ipo") was to exploit its Tunision licences. In my book that is long enought time to come up with something along side its alleged reserves story. Surely

Now now, lets keep things respectful. I hold my hands up in despair as it took one Iron resource Co to produce cash flow numbers long before scoping and a further 3 years before its scoping study was concluded. A pervasive thread has been woven here. So independent research is invaluable. The bottom line is 4.75p/share is a bargain in my book. I have no axe to grind. MMS is in for a rude of wakening one way or another sooner hopefully sooner rather than later so we can move on.

Stated my case..... I suggest everyone goes along does research and draw a conclusion. I give up in despair sometimes....

As the question was asked, yes, I was interested, and still am in Cos such as CRC, RPT, LDP, and SORL et al MMS is one that I am very much concerned about. The Board of MMS are very reluctant to "open up" or give cash flow projections or offer up a Corporate agenda.

Absolutely agreee, I am a seasoned resource investor. But where does this leave MMS at 4.5p/share? Very vulnerable in my book as a seasoned resource investor. Have to admit, this play does not quite add up and all is not what it seems, or it that the seams do not ring true. There is a whiff here, and it certainly is not the whiff of money, but maybe the whiff of camel dung shoved down the abandoned explorations. I believe, in the back of my mind, there is a Rio tinto connection here in the way of a former Rio Director, perhaps someone can refresh my memory......