Member Info for warrantwatcher

to know details of what is going on is just being creative & guessing. There has been a constant stream of people claiming to know or have a source yet nothing ever comes of it.

I even recall LT being so confident that he set a date in advance of his daughters wedding !

Now it is just a case of sitting back and waiting, the company are not releasing any news good or bad, so that void is being filled with a constant stream of ficticious stories.

I believe its the latest waste of time from our resident split personality / Crypto loser

Sharelock, I do think that you have " joined the dots " here as this certainly is consistent with what has come out from Nuog officially so far as well as Dommo,

Just a shame that the usual suspects jumped onto it earlier in the week, also noticed that there hasn't been a big sell off after the big day on Monday and there did appear to be an orchestrated bout of buying at the end of today which is abnormal for us.

Plus there is what has become the standard whispers from Twitter !

Could be an interesting day tomorrow

I am not an insider, never have been, never will be

Royscot, I can't answer your question on what others have posted on here or on social media, I would take more stock on what the company are putting into the public domain, however maybe early in the due diligence process this was considered an option that has since fallen out of the " pipeline ". NUOG have taken an approach never to disclose the name of any field that they are looking at, therefore not having to update if the deal does not complete. This is a sensible approach to avoid a spiky SP.

These are complex deals being pulled together so if they where more transparent on what they are working on at what stage would they be required to update the market should the field be named, it would also weaken the companies negotiating position ?

They have started with this position on news management and its been agreed with the Nomad as to how they use social media, so the fact that the tweet that mentions Brazil is still there tells me a lot.

The biggest issue we have is a group of identities / individuals that are relentless in their pursuit in manipultaion of the SP with the blatant lies of individuals leaving the company, meetings not taking place etc etc

The only thing I totally trust is what come out via official sources or my own research, and based on those 2 reasons I am adding more at the price we currently sit at !

I spoke with Simon yesterday afternoon, and from what he told me he wasn't aware of the dommo news, as far as I am aware, and I am happy to be corrected the company have never mentioned officially what it is they are working on in Brazil, it is just BB chatter that has been consistent that its Dommo.

He also reassured me that the opportunities that they have been working on are still live, so either we are still in play with Dommo just not announced or it is another field they are looking at ?

Peer, totally agree he adds nothing to the business yet probably still charges them a fee for his non exec role ? and has access to information that I would guess he uses to his own advantage in trading the stock, anyone that thinks he's not been trading this for 12 months is naive

win4call, as far as I am aware no LH doesn't hold any role in the business, but he does present himself as JZ's righthand man and is active on social media suggesting that JZ is willing & able to meet PI's, they also are joined at the wallet on ANR and historically on URU. I would say that he is pulling strings in the background and influencing decisions.

As far as I am aware the reason the likes of Bachmann, Morfew & Burton stepped down was around a difference of opinion in how to finance things, I believe that those 3 would protect share holder value while JZ et al would look to personally benefit from the scenario in anyway that they can

King, that is what I have been trying to figure out, the only outcome that I can see is that they have done this before so that they can attempt to get a placing away, but even then I can't see them achieving that, therefore I become optimistic & maybe, just maybe JZ pulls a complete blinder off and does a deal !

Then I wake up & realise I was drinking

Quite frankly I have no idea what he is doing, as he is either a genius or a fool, and I am neither !

mhow, totally agree, hence in my post earlier I state that of all the JZ companies this has far more credibility, I also say that, in my opinion, one of the biggest reasons for the disconnect between fundamentals and SP is due to Zorbas & Hogan's involvement and that is based on the pathetic performance of ANR & URU.

While Nigel was involved I believe there was someone that understood share holder value & running a business properly, with Hogan & Zorbas around they are clearly entrepreneurs looking to benefit from each involvement as much as they can, not as a consequence of building a sustainable business.

A classic example of this is please explain the business logic in sponsoring a UFC fighter from Wales, that is far more an ego trip form Leon than a sound business decision ?

Yes the figured should be great when released but my fear is that due to their involvement we still don't get the rerate the business deserves.

I would also point out that as far as I am aware neither have spent anytime on site with the team.

Mentally I have written off my investment in here as a loss / lesson learnt, I have managed to exit my ANR while off setting it with some of my MRS profits, but I still hold there as I think that is a valid business that will turnaround.

The reason that I keep popping up on the MRS, ANR & URU boards is to make others aware of the approach that Zorbas takes to running a company as I would hate for others to be taken in by the ramp, empty promises before buying in.

Now if Zorbas & co does start to step up & deliver on his promises then clearly my argument goes away as will I, no matter what childish jibes the various LSE ID's throw up

Granted its clearly not II level investment, but it is what I would call a higher number than your average day in this share ?

3m vol in first 30 minutes...…..

Now that is a very interesting start to the day, would be great if we can maintain that level of interest / activity all day !

If you want to see how badly Zorbas current performance is take a look at my post in MRS a couple of days back, the comparison on the SP of ANR, MRS & URU from 12 months back is horrific across the board, and they now all operate on the same way, throw unfounded rumours around to create hype by those that are willing to follow the Welsh Sheep Herder allowing the " privileged few " to sell into the rise.

Trouble is now that word is out so the Shepperd has lost his flock, too many people have seen the recent history and are once bitten twice shy

Go take a peak at the companies website and they are now recruiting for 4 roles...….

http://mfdevco.com/careers Cost Planning, Process & Structural Engineers as well as an Operations Manager

Trout, yes as per my post he is Non-Exec Chairman, so clearly has an influence in the way the business runs & relevant to MRS / this board ?

Yes I have lost some money on the stock market, mainly from the lies and ramping on the stocks that Zorbas & Hogan have had some level of interest / involvement. All my other investments mean that I am currently up in my PF although not as much as I would be if I had never got involved with Zorbas / Hogan.

I still hold here ( in profit ) and URU ( not so much ) and like I have said before the SP would be better placed if those 2 moved on as the team on the ground are doing a great job.

I still question why a reputable person such as Nigel Burton has moved on from being involved, we all hear stories why but the 1 thing is clear is the reason on the RNS is not the full story.

He is the Chairman so think he has quite a lot to do with the running of the business, albeit I can't see him repairing any machines

So Zorbas couldn't be bothered to meet up with Share holders like he offered to yesterday,

Is there a worse " CEO " around ?

That the deadly duo have only managed to move forward their ability to get their hands on more cash & further dilution ?

Yet not able to progress anything else, somewhat ironic that ?

Amazing that they focus on something that gives them personal benefit but can't progress something that gives LTH's some reduction of their losses

I understand that the source of the URU / ANR syndrome are currently in London & Zorbas is willing to meet with PI's ( according to Leon Hogan ) , not sure if this will actually happen, I have sent a msg to the great Zorbas and as usual he has read it and hasn't replied.

In summary I believe that Gige is asking that both Leon Hogan & John Zorbas move on from MRS as their reputation, based on the performance of URU & ANR is killing sentiment.

Some facts to back this up are -

ANR - 52 weeks ago .65p - currently .012
URU - 52 weeks ago 1p - currently .21p ( before the 1000 to 1 consolidation )
MRS - 52 weeks ago 10p - currently 6p

All 3 have had differing levels of " ramp " applied to them, incoming Chinese investment, revolutionary technology, Non binding MOU's, American opportunities, unbelievable levels of natural resources, reduced Capex from leaching, Lithium acquisition the list goes on.

None of these have become reality, or has the lack of progress been explained.

Simply put PI's don't trust either of them as neither has credibility in building a business, all they've managed to deliver is sponsoring a UFC fighter ( from Wales ) and getting a chartered surveyor from the valleys onto the board at ANR, ask yourself what value does this bring to the respective businesses ?

I fully expect a personal dig from one of Leon's multiple LSE accounts without responding to any of the above, but lets wait and see.

Personally I don't think that either is bothered in building a credible business generating share holder value and with any level of longevity, which is ironic as with MRS beneath the cloud of doom I do believe there is a sound business, but that is not due to anything Zorbas or Hogan have had any input in creating.