Watermark Global Share Discussion Threads

[fatfish] 17/10/2012 16:24

is he camouflaged

[vivgav] 17/10/2012 16:22

True bid 2085......buyer in the background???

[reutersman] 17/10/2012 16:06

minecap,that is exactly the point and over the coming days the penny will
drop among investors ( that the briquettes are intergral to solve AMD ).

[fatfish] 17/10/2012 16:03

how many more new faces are we going to see joining this board with recently created profiles, jees do you people never give up

[kaffco] 17/10/2012 15:43

this is very good news for MRI and watermark global indeed

[moreforus] 17/10/2012 15:32

chris

the entire restructuring and diversification into coal was down to AMD delays - the company is now through the other side of a difficult chapter and if anything happens that moves AMD up the agenda in SA then its only going to benefit MRI and WET....

[dashwoodchris] 17/10/2012 15:26

M4 agreed it is for the 'short term' solution, however it shows that things may finally be moving in S.A which will hopefully mean that the long term solution is a step closer. News of tenders being invited for the long term solution and WUC confirming that they are taking part in the process would do wonders for the interest in WET (as well as the sp!!).

Shall we start the 'i wonder what the share price could be worth' game.....just to upset the muppets like CuFeS2!!! LOL.

i'll start 5p in 12 months!!! (with briquetting in full production at 5000t per month and WUC having won the long term tender and in the process of implementing it).

any advances??

P.S Muppets i won't see your replies as you are on filter LOL!!!

[cufes2] 17/10/2012 15:23

Good to see moreforus agrees with me . . .

[moreforus] 17/10/2012 15:20

Chris - this is good for AMD but its specifically for the tactical and not long term solution which is what WET would be bidding for, however clearly there has been a sudden shift in urgency as perceived by SAG so that can only benefit MRIs chances.

[cufes2] 17/10/2012 15:18

WUC / MRI will not be involved in the construction phase of the AMD solution according to WET . . .

Watermark Global Plc

21 November 2011

There are two main tender processes being followed at present:

1. DWA engaged TCTA for the short term (which, according to DWA, is 3 years) implementation of neutralization plants in the three basins, which basically consists of acid neutralization and heavy metal precipitation through the addition of lime.

The water produced from this process will still be very high in sulphates and will require additional treatment to get to a potable level, such as the ABC (Alkaline Barium Calcium) process jointly developed by the CSIR and WUC as part of WUC's Bankable Feasibility Study.

This is the tender process referred to by CRG and TCTA. WUC will not be participating in this tender since this is a construction tender. WUC, however, intends to tender on the Operations and Maintenance of these plants as and when these tenders become available.

The involvement of WUC / MRI in the long term AMD solution may be up to two years away according to WET . . .



"Thus, the short term solution is a "band-aid" fix involving neutralizing the toxic water, but not removing the sulphates, thereby rendering the water unusable albeit less polluting. At the same time, the Department of Water Affairs commenced a tender process for the feasibility study to develop a Long Term Solution. This process is envisaged to take up to 18 months from the date the tender is awarded. Implementation of any project could be up to two years away at the earliest from when final decisions are made."

[dr jekyll] 17/10/2012 15:15

Thank you Mine Cap :)

[dashwoodchris] 17/10/2012 15:10

M4 - CRND seem fairly happy with the DWA announcement, i wonder if MRI will release anything to the SA stock exchange????

All this and briquetting too!!!!

Good times ahead!

[moreforus] 17/10/2012 14:29

Central Rand Gold Limited ACID MINE DRAINAGE
Print
Alert
TIDMCRND

RNS Number : 9232O

Central Rand Gold Limited

17 October 2012



Central Rand Gold Limited
(Incorporated as a company with limited liability under the laws
of Guernsey,
Company Number 45108)
(Incorporated as an external company with limited liability under
the laws of South Africa,
Registration number 2007/0192231/10)
ISIN: GG00B24HM601
LSE share code: CRND JSE share code: CRD
("Central Rand Gold" or the "Company")
--------------------------------------------------------------------

ACID MINE DRAINAGE
--------------------------------------------------------------------

Central Rand Gold notes the statement issued on 16 October 2012 by the South African Department of Water Affairs which confirms that the Trans Caledon Tunnel Authority ("TCTA") is authorised to finalise the awarding of the contract for the construction of the infrastructure required for the interim Central Basin Acid Mine Drainage solution. This authorisation allows the TCTA to conclude and sign the necessary agreements with relevant mining houses in order to implement such mandate.

Central Rand Gold will now engage further with TCTA in order to ascertain the probable timeline within which such agreements, which include the water pump donation agreement, may be expected to be executed.

The Company will inform shareholders once the abovementioned agreement has been agreed and signed with the TCTA.

Please refer to the following link www.dwaf.gov.za for the full statement issued by the Department of Water Affairs.

For further information, please contact:

Central Rand Gold [phone]
Johan du Toit / Patrick Malaza

[mine cap] 17/10/2012 14:29

Dr J,you are most welcome,there are some genuine helpful posters on here that
have a good knowledge of this company.

[dr jekyll] 17/10/2012 14:14

Thought I might add following that comment by Mine Cap that I have enjoyed reading this thread and the many helpful posts.

[dr jekyll] 17/10/2012 13:55

Thanks, I bought a million yesterday and wondering about more but large sellers can be a problem of course.

[moreforus] 17/10/2012 13:50

Dr J... still within t20 range from the last rns ....could be last of the margin traders selling - there is no known large seller but 1 mill...2.5 mill are most likely pi trading sizes.

[dr jekyll] 17/10/2012 13:48

Do those 1 million and 2 1/2 million trades indicate a large seller here? Any ideas moreforus?

[simontrill2] 17/10/2012 12:51

ok, sensible(ish!) question:

CuFe - if you don't hold & aren't looking to buy, what exactly are you doing here?
Is it a white knight act to protect us from the evil rampers & de-rampers?

[reutersman] 17/10/2012 12:50

moreforus,im in filter heaven :-)