Member Info for share12345

dont know .. they are a bit slow on the up take with ther info ..but the rns is a big news .. and we are so close now ,,

better late then never

no i have not but they are now ready to rec big income from the docks.

the Company is pleased with the level of enquiries and traction that it has received from potential customers and this has further increased the Board's confidence in the prospects for the Company. Further announcements will be made in due course.  The first customer has required longer than it originally envisaged to arrange the end to end logistics to be ready to dock and final customs approvals for the handling of international cargo will be received shortly.

As at the 31st March, the Company had cash and undrawn banking facilities of £22.4 million. The Company continues to manage its resources in line with the timetable to operation. As a result of the date of revenue receipts being later than anticipated, the Company has, pending receipt of customs' clearance

come on .. can will get past4p today..

Director's Share Purchase at 8.25 wow The Company announces that Pavan Bakhshi, Managing Director, purchased 246,153 ordinary shares in the Company on 28 September 2017 at a price of 8.25p per share.

Mercantile Ports and Logistics (AIM:MPL), is delighted to announce that the it has received notification under section 7 of the Customs Act 1962 of the appointment of Karanja Port and Logistics Limited's ("KPL") Karanja Terminal as a customs port. The Board considers this to be the major development in the customs clearance process and consistent with Board's view that receipt of final customs' clearance is a formality.

34% up

only 46% of shares for the mm all the rest in tight hangs all good

MPL has signed the Contract with an Indian-based company for a five-year term, extendable by an additional two years. In the first year, MPL has contracted to handle two million tonnes of cargo (with a guaranteed minimum of 750,000 tonnes). In year two, this will increase to two and a half million tonnes (with a guaranteed minimum of one million tonnes), and to three million tonnes in year three (with a guaranteed minimum of two million tonnes). Under the terms of the contract, and at today's exchange rate, MPL expects to generate revenue of approximately GBP 4.7million for every one million tonnes handled, with a built-in escalation of 7 per cent per annum.Â

people need to take note of where this this sp can go read the rns .. great read..

Executive Chairman Nikhil Gandhi said,  "MPL is focused on reaching the operational phase of its port facility in Mumbai so that we are in a position to capitalise upon the demand to use the port that we know is there. We believe that the completed facility will be well aligned with the Government of India's initiative to promote coastal and in-land waterways movement of cargo. It echoes the recent statement from the Prime Minister, Narendra Modi, who said that his government has been given a new mantra "P for P", referring to Ports for Prosperity."

"Management is very pleased to have reached this important milestone. The contract announcements, together with the commencement of operations, leads management to be increasingly optimistic on the operational prospects of the Company as we seek to achieve our goal of creating a modern logistics facility, which is strategically positioned to be an important part of Mumbai's logistical infrastructure."

with so much delay in the past . its all coming good now ,.. went back and red the rns i think will we hit the sp high very soon

hope so

you was right /slow start .. but now we are getting there..

here will go .. wow

i see this past 4p whithin weeks as more news is coming from the company ..

MPL, (AIM:MPL), which is developing a port and logistics facility in Mumbai, India, is pleased to announce that it has entered into its second binding customer contract to manage cargo at its facility (the "Contract").  The Contract, which is with an Indian-based trading and stevedoring company, has a seven-year term, and is then extendable by an additional two years. Under the contract, MPL will provide berthing facilities and approximately seven acres of backup land suitable for storage of cargo, which is expected to include pulses, fertilizer and construction materials. The area of backup land will increase as the cargo volume is increased. The Contract envisages a minimum of one million tonnes of cargo in year 1, two million in Year 2 and three million in Year 3.  Under the Contract, the customer shall be responsible for all handling operations and the customer will make a substantial capital investment in the facility through the construction of warehouses for storage.  The first cargo under the Contract will land once the customer's warehouses have been constructed, which is expected to be in the second half of February 2018.