Member Info for ismalia

In view of our interest in Chuditch, do you think we could be a possible target? Perhaps a company with cash to help push the project forward.

Well done Suhail

Further problem here is that the loss for the second half will be well over £200k and could continue into the new year. I also wonder if the £15m order book includes any of the delayed deliveries. Quite a mess and could spook confidence in future orders.

A very useful and positive buy but Director. There would have been no need to make the purchase so to me it sends a very positive message.

Muktass - I share your thoughts and it looks as if they have had their eyes of more than one ball at the same time. As you hint there could be someone ready to step in to acquire what is a company with good products.

I would not be surprised to see the sp at the warrant price shortly

All very positive in my view and shows potential value as loans would not have been forthcoming.

Suhail - based on what you have posted about value how many shares have you added or intend to add at the current low level of 0.06p - you must be filling your boots

MC actually £1.5m and unfortunately I feel we want to progress any of the prospects we will need to have a reasonable raise, sell something, or invite a JV partner in a prospect.

I don't think they would say they have the asset unless they did. Good to buy - have topped up below 0.65 as I cannot see ME joining unless there was something in it for him.. We will soon find out.

We may need further funding at GLR as reported by CB but I would not be surprised to see some consolidation here with JLP making an offer for us.

Yep you are quite right IMO. This year will need to absorb the new office and also the office in the NW. The staff for the NW are already generating income but will need to pay their way when the new office is opened. The move in London will be good in the long term but will be disruptive in the current year. Real growth and the benefit of what MB is now doing will be 2021 IMO.

Also GC has already cleaned up one mining company, turned it into a shell and floated a very dynamic business, so it may well be that this will be, or is MEs brief. I'm not sure if a distribution to holders will be the answer as I feel GC is more likely to want to put something into the shell. Shareholders, me included, are of course put off by lack of progress but the assets are there as is the new CEO and GC. My contribution is patience and I feel an indication of my reward will be known shortly.

annie you may be right, and of course we don't know what his brief is or what he may be paid. But to develop would be a huge project that will need funding. To sell or introduce a JV could bring funds to develop a more diverse IRON. Very interesting times ahead and very rewarding. GC is no fool and will want to see a positive outcome. As the next few weeks unfold there should be a lot more interest in the forthcoming Strategic Review.

The clock is ticking here and I suspect that within the next few weeks we will be getting an update. No doubt the new CEO is here to progress matters quickly as funds are is short supply. Sell the lot or bring in a partner perhaps, whatever we have some valuable assets which could be attractive to a number of larger players. February is my thought for a progress report.

Do we have 500 dollars?

Contracts or not I feel that at sub 15p we are undervalued. I only hope we are not on the shopping list of of a larger business that sees the massive potential in PEG.

Very positive site and on the back of MOS I can see these moving to 50p in the short term. All trading subsidiaries look to be doing well and the major investments seem to be set for growth. Massive potential here IMO.

In his interview MB was very positive and the trading figures we have suggests that the second have profit was considerably higher than the first half. The New Year both H1 and H2 should continue the recovery with operational gearing clicking in.

Very positive - the current year could see with an MC of nearer £10m or 20p - current trading in the Annual Report should make interesting reading as should the half year figures