Microfuze Share Discussion Threads

[din007] 16/2/2006 16:14

Started a new thread for Nardina

[spiv 1] 16/2/2006 10:57

Yep will probably go for a few of the oil pre ipo also although I think we are a few weeks away on that one yet. I think I'll ring Cornhill today and find out who was selling in mfz recently.

[pugugly] 16/2/2006 08:11

din007.
Where did you get the lock in data?: As I understood it only Directors and holders with more than 10% holding are locked in.

There are/were a significant number of holders of less than 10%. So far as I can tell there were at least 9 holders with more than 3% and less than 10%

[din007] 16/2/2006 01:16

I`m in with both Nardina & St James.

Have you also got wind of the the new Oil Pre-IPO?
Its on the website, but the link dosn`t work yet..

[spiv 1] 15/2/2006 23:11

Greetings everyone. I also got in at 10p with Cornhill. Looks like loads of potential and a very modest market cap given the potential upside. Bit surprised its gone to a small discount given that Cornhill said the issue was oversubscribed and used this to justify a 5% commission. Still am happy to hold for the next 12 months. BTW anyone also go for Nardina Resources? ADVFN haven't got it up yet but the ticker is NRR. It floated on Tuesday and its currently trading at 4.13p (placed at 3p by Cornhill). If you haven't then I'd advise going for St James Mining through Cornhill which is floating in about 6 weeks (its a mining cash shell and will be run by the same management as Nardina). Should also go to a nice premium

[din007] 15/2/2006 22:54

hopefully they will recover tomorrow

[andypace] 15/2/2006 22:49

Had a good write up in Shares magazine. Their only critisism was the lack of funds. If the company does become profitable in one year as planned, this shouldn't be an issue. However, I can't help feeling the management are being ambitious here. Anyway, the product is good, and the setup of the new factory plus some new contracts should set the shareprice going.

[din007] 15/2/2006 18:25

Original Shareholders are locked in for the next 12 months..
As are major stakeholders....

[pugugly] 15/2/2006 18:15

If placed at 10p and so far as I understand not underwritten either some of thep lacees ahve found something wrong and are bailing out at any price or some of the original shareholders are not secure and are taking their profits. Given the relativly small proportion of shares floated could see downside depending on original shareholder sales.

[din007] 15/2/2006 16:51

I got in on this share via Cornhill Asset Management.
IPO was 10p plus trading costs I think..

This will be at least a year hold I feel...
But a bit sad that the price has already dropped below IPO level.

[mdchand] 15/2/2006 15:45

If any of you have access - you can find a review of MF on this website -



:-)

[andypace] 15/2/2006 15:41

MicroFuze International Limited

Introduction

MicroFuze International is a company which specialises in the development of metal enhancement technologies, specifically the use of microwaves to create alloys which provide the metal with stronger properties for its intended purpose.
This Microwave technology is used to diffuse donor metals such as chromium, boron and tungsten into target metal products such as steel, cast iron and aluminum which can create surface alloys with high corrosion and abrasion resistance, lubricity, extreme hardness, or any one of a variety of other properties.
MicroFuze is to list on the AIM market in early February, and is raising around £2.5million. The funds to be raised pursuant to the placing are to be used amongst other things to finance the commercialisation of this technology, and sustain the company through to profitability. This is anticipated within 12 months.
The early commercial strategy of the Company is to supersede the existing industry practices with this new Microwave Diffusion Treatment (MDT). This process is considered cleaner, cheaper and more effective than current methods. These advantages offer substantial revenue and profit potential for the Company over the next two to three years.

The company intends to continue development and IP enhancement to quickly move into the high-valued new tech sector with innovative andunprecedented applications.

What is MDT
Microwave Diffusion Treatment (MDT) was originally developed by the US Department of Energy as a by-product of its nuclear weapons research program.
MDT involves a process using microwaves to diffuse selected donor metals into the target components by activating molecules at the surface of the metal and exposing it to an ionised gas. This process creates an alloy under the surface of the component which can be tailored to resist wear and/or corrosion, or any of a number of desired characteristics. The microwaves are directed at the target metal to be alloyed using high concentrations in a concentrated area for short periods of time. One potential use for the over-the-pack process is treating long lengths of pipe by moving the microwave applicator along its length rather than having to treat the entire piece at once with traditional a packed-bed methods.

Advantages of MDT over existing technologies
MDT has been proven to have significant advantages over existing methods:

Environmentally friendly
Energy efficient
Preservation of substrate properties
Cost Effective
Based on established microwave science
No coating to flake or blister
No perceptable dimensional change
Minimum substrate preparation

and this has already attracted the attention of the following:

• Two of the worlds largest car manufactures
• One of the worlds largest chemicals companies
• Two government defence departments
• Two multi-billion dollar power companies
• Two government health authorities
• Several multinational corporations