Member Info for GreggsStottie

What's the twitter # please?

Iknowthis - bye, then. We will see who is right in 6 months or so. Feel free to leave us alone to wallow in our blatant rampfest.

Don't waste any more of your time on us. Thanks for everything, it's been a blast.

Not true Iknowthis...

They can get contractors in to process tonnage at a contracted rate. This includes equipment. Watch the YouTube video and you will see for yourself...

The last owner ran out of money after their gold was stolen...We can capitalise on this and extract the value..

Have you anything positive to say about MNRG?

Ok, fair point, but may be quicker as local roads and processors are nearby. They have tailings that could be processed quickly. The climate means there is no downtime vrs say the Urals.

We are awaiting news on when the tailings are starting to be processed and who is doing it. The bod are negotiating with 2 companies.

I know this, what reasons are there not to buy shares here at the current share price? A genuine question.
Why are you expecting a drop to 0.4p?

I guess the price is being supported by the recent placing at 0.45p.

Plus:

Onlg recently launched on the market
Gold mine opportunity
Investmets elsewhere
Potential for use as an investment vehicle
Recent share price of 0.97p

Who knows what's around the corner.

Are you a share holder or shorter?

I do agree that we are at or around the floor and at a good risk reward level.

Yes, a good time to average down, but I re iterate that I believe this will higher, perhaps not today or Monday but in the next 6 months.

The BOD are dealmakers and I see some potential from that alone.

They can drive cash flow from the goldmine. The news that they have cash flow will see this rise. Thus their focus on delivering from the Gold tailings 1st is a good plan.

It was c.17% of the original shares in issue so it should drop in line with this % of total I would suspect.

This is why I believe it is already proved on. I bought a chunk at 0.0056 earlier in the week to drop my average down. I believe 1.2p is wholly achievable in q1 2020...it could go to 5p but that would need some big news.

This is aim so anything could happen, but I am comfortable at 0.059 average. I haven't staked my life or house on this just see a good risk reward...

We will see.

In your dreams...they have just placed at .45 and it was well oversubscribed...

If you want news tomorrow you might be right about newsflow, but if you are investing for potential then you won't care if it takes a few weeks or months to get the right deal and add the best value...

If you are shorting, then it's easy to spout off about 0.4p, but I can't see it going there.

If if does I might but a load more...

HY report suggesting 2020 at 4-5000 booed. Gas increasing to 30% of turnover...

They are more profitable than the year before, they are increasing sales and improving their mix.

All their workovers have been completed and they will have greater reliance on Rio Negro gas in the future...

Argentinian Drilling campaign is starting in H1 2020.

Is it just the macro economic circumstances in Argentina which is driving sentiment?

Quietest board on LSE?

I did some research last night and the recent acquisition (for shares) went at c.4.5p. We are sitting at a buying price of 3.75p.

So nice to buy at a discount for a change.

Once the pipeline completion news is sorted in January, and profitability starts to filter through, we should be on our way back up.

I saw a broker note stating 11p target price. We need Louisiana to get back on track...Market Cap is just £43m with revenue £47m in 2018...

The Angostura purchase has a commitment of US$9M

The only nagging doubt I have is at this price can we expect a fund raise? Why would the share price be down at 3.75p?????

All views welcome...
Thanks...

Can someone shard a link as to where the £12.75 broker note is please?

That would make me a multi millionaire! Not sure that reflects reality though...

The placing was oversubscribed and into sticky hands that won't sell in the short term....

Come on MNRG!

The last 2 sells are actually buys!

3.759 to buy...crazy! Should be back above 4p within the next few weeks or into January...

Good luck holders.

I'd take 10p today!!!
Risk reward looks strong. If true, it's a game changer...

https://www.share-talk.com/exxon-concession-in-the-hands-of-mysterious-company-metalnrg-plc-mnrg/amp/?utm_source=twitter&utm_medium=&utm_campaign=&__twitter_impression=true

If this is true, Houston we have lift off....

Wow, Orion getting personal. Let's keep this friendly eh!

We are all here to make money, so more than happy to garner info that supports this. They are focussing on the Gold mine 1st and foremost and think they have more gold to find...They are in talks to monetise and use the capital to grow.. what's not to like?

Where do you see this going Orion? I am not bothered about Australia etc currently, and stated that earlier today.

The same has happened on EUA but once cleared I am sure this will get back on track...more news needed over the coming weeks to clear these through. To buy under warrant price is pleasing...

That depends on what price you bought at and whether you are thinking short term or medium term...

MCap is £1.65m.

When the cash starts coming in I think the sp will be multiple of today's price.

Good luck all...

They clearly state in the HY report that, " The Gold Ridge Mine will be the immediate focus of the company's work and it will seek to exploit the opportunities offered by it."

They do go on to say "while at the same time actively seeking additional new investment projects."

So, they are on the hunt to add value, but are focussed on Gold Ridge for short term immediate cash flow. Plys working to get the best price from 2 nearby plants for processing the Gold.

They are also deciding how best to progress the palomino mine in Australia.

All to play for here...