Member Info for leas

Yes, you can almost see the tumbleweed. been here for almost 2 years. Also hold IRON and SLP. The former like ORM is about waiting for production. Quietly taking advantage of the low sp so more than happy to let the tumbleweed pass me by.

Quite right, a long way off the radar but gives us an opportunity to invest in a company with a great future. When production starts it may just coincide with a return to a better sentiment towards investing. So much interest in EMED but yet this goes almost unnoticed. Madness

Thanks for your views and totally agree with your commets on China. We all know China has no interest in reducing CE but being seen as doing the right thing is good propaganda. WAS would fit nicely into their style of business.. food for thought. Enjoy your weekend. regards, leas

Thanks for your response, been looking at this since you mentioned them last year. Still nursing my loss with MXP, but on reflection that investment was on the back of a good return in another company. Also been looking at a company that generates energy from tidal power. imo the best option for renewables. John Bryne has a great track record for making money and cannot see him and the BoD developing WAS without having high ambitions for the company. China seems the obvious market to develop, do you know if WAS have any projects planned in that region?

I remember you mentioning that you were working for a water company in Yorkshire. I assume your work at the uni is connected to that or your field of study. I am interested in the benefits of the Aqua Guardian side of the business. Was taht the reason your invested here? 25% return looks good for WAS but where do you see the demand? regards... leas

apologies, trading as Ironveld.

this morning. Going through the formalities. Should commence trading tomorrow morning. Expect a RNS. Roller coaster for a few weeks. Good luck all, especially current MRG holders.

Higher than average volume of SLP shares today with a 15% rise. Could be news on the horizon in respect of the IO spin off. GLA invetsed here. ;-}

http://www.iii.co.uk/investment/detail?code=cotn:MRG.L

sorry for not replying. tbh I do not have a target price for ORM. I agree with others on here about this not yet being on the radar. My view in the current market is that ii's are quiet happy now to see how things develop before investing. There is no risk taking now so the sp is likely to remain flat and drift before anything of note happens. I also hold SLP, a producer with the best extraction costs in S.A of PGMs and ramping up production almost 10 fold. They have cash, no debt but yet the sp continues to fall. The MC is now lower than when they were non producers. Good luck to all invested here.

Looks like ii's are mopping up shares at a bargain basement price. What a great entry price for those looking to invest in AIM listed mining shares. Good luck, those already invested .

I agree. Their website has not been updated since the announcement. (investor relations tab) lol. I suspect nothing can be said by the company until the admission document has been agreed. Feel very sorry for the pi who held MRG but perhaps this may be a lifeline to them in the longer term.

You cannot apply any logic to this type of company. The low sp does not necessarily mean there is anything sinister going on. If he goes below 1p, who cares. Type of investors here are looking longer term (or should be) If you can afford to spend a few hundred and have the luxury of time then this will reward you handsomely. The only question is 'Do you have the patience?'

Classic 'in it to win it share'. When the market wakes up to the potential of alternative energy, the majority will be playing catch up. Frustrating atm, but what AIM share is not at the moment. Imo austerity will force people to evalute how they source their energy. If you have the luxury of time as an investor here the rewards will come.

As a new shareholder of MRG (or new to be) I have re read the RNS there will be an admission document that will be posted to current shareholders. This will go into greater details on how the aquisition will be funded. As it stands the trading of shares is suspended until the document is approved. The focus of the company now seems clear. It is going to develop the the 165km2 of mining rights they have in South Africa. The funding for this will be done by issuing an additional 203 million shares. The initial thought as a MRG shareholder would be to think the current sp will fall to reflect the number of new shares. That would be the case if the current MC are based on the companies assets as it stands today. However, when the company resumes trading on the AIM those assets are now worth an additional £13 million. MRG will in effect become a mining company. There will then be a placing to raise capital for the development of those mining rights. Over a three year period MRG has seen its MC decline from about £10 million to its current value. Imo they now have a better opportunity to reverse that trend in a recycling market that is too competative. Don't write this off too soon or be spooked by those who base their opinion on current assets. GLA

Any long term shareholder in MRG have any knowledge or rumour in today's news. Sentiment about the t/o would be appreciated or how the aquisition fits into the business?? Thanks and any negative views will be appreciated.

Good luck with your investment here. My last posts were for the benefit of Robster, trashing my MXP all the time. Own medicine and all that. Imo green energy and its development is a no brainer but will take time to see the rewards. I am invested in an Australian company harnessing wave energy and like WASthe business is in its infancy but definately a business of the future. GLA (incl Robs)

Multibaggar?? At the expense of the shareholder to develop the company. The sp is in the doldrums, you would have thought the last RNS would have been significant for the company but yet we are still sat at a 5 year low. There is so much going on in other companies with greater rewards. My advice would be to sell, earn some profit elsewhere and return when the fundamentals look better. You are ramping this up just to draw in the pi. You naughty boy!

Sp reaction has been very poor on recent news. I would have expected a bit more interest from fellow investors, especially with it now going live in Japan. Good to see recent volumes up but I strongly suspect the sp to drift back down once the interest has passed. May be time to find value elsewhere.

Sorry guys, off topic. Syn what are your thoughts with SLP? Do you think they are oversold? Would love to hear all the negatives if you have the time to look at them again. Atb to your goodself and family. 8)