Man.Assd.Csh Share Discussion Threads

[richgit] 19/3/2009 09:26

Good news.

Anyone buying into Mana now have the opportunity of holding a potentially serious Multi-Bagger over the years to come.
Of course that also can apply to many truly battered stocks like Mana.

All we need to for the true catalyst is news regards my Gold and then we can just sit back and watch the rerating over the following couple of years.

[hyper al] 19/3/2009 08:52

I want to know what Mano are doing.

[nathand] 19/3/2009 08:38

Bit of life in the old dog yet then.

[hectorp] 03/3/2009 23:22

Yes, old MANa very oversold. I've been out since 9p but better get my radar back on it. I don;t like being out of MANA.

[encarter] 03/3/2009 22:42

Nice, shame we didn't get a mention.

[leapinn] 03/3/2009 13:21

From Metal Bulletin.....



INTERVIEW: Severstal pushes ahead with Liberian iron ore project

London 03 March 2009 09:39

Russian steelmaker Severstal is pushing ahead with its Liberian iron ore project to provide raw materials for its US and European operations, Severstal Resources ceo Roman Deniskin told MB.

Severstal Resources is exploring a deposit in the Putu Range of Liberia, which estimates suggest contains over 500 million tonnes of iron ore.

Deniskin recently visited Liberia with Severstal's ceo and controlling shareholder, Alexei Mordashov, where the pair met with the country's president, Deniskin said.

The next stage in the process is to enter into a mining development agreement (MDA), which will pave the way for discussions on issues such as production and commissioning, according to Deniskin.

Exploration is expected to finish around 2010 and commissioning is set for 2014, Deniskin told MB.

"By the time we have started producing, we believe the economy will be back on track," he said.

Severstal closed a $37.5 million deal to purchase a 61.5% stake in the African Iron Ore Group, which has exploration rights for the iron ore deposit in the Putu Range, back in December.

[encarter] 27/2/2009 23:10

They could easily snap us up for 14p a share.

Interest in the iron

Mexivada digging up diamonds in Kono.


Gold and diamonds from Liberia.


Our turn soon.

[unionhall] 27/2/2009 16:09

From another angle....

Liberia-Russia-Investment



Russian steel giant explores for iron ore in Liberia

APA-Monrovia (Liberia) The multi-billion dollar Russian steel giant SeverStal is exploring for iron ore in the Putu Mountain in Grand Gedeh County in south-eastern Liberia, located about 360 kilometres from the capital Monrovia.

The area is said to have an estimated 500 million tons deposits of iron ore.

Official sources indicate that the exploration exercise will cost SeverStal between US$7 million and US$10 million and is expected to last for the next two to three years.

Alexey Mordashov, a Russian billionaire who owns 87 percent shares in SeverStal on Thursday paid a one-day visit to Liberia to demonstrate his company's interest in investing in Liberia's iron ore sector.

He told reporters following discussions with Liberian government officials that mineral exploration began in Grand Gedeh a few months ago, and that SeverStal hopes to invest hundreds of millions of dollars in the Liberian economy.

Liberia's National Investment Commission Chairman (NIC) Dr. Richard Tolbert described the visit of the Russian billionaire to Liberia as 'one of the greatest recognitions of the Liberian government's good relationship with the international community'.

For his part, Liberia's Finance Minister Augustine Ngafuan said the coming of Mr. Mordashov demonstrates investor confidence in the government, "especially during this period of global economic downturn".

[unionhall] 27/2/2009 09:40

Nice Picture - Putu still progressing.




Business

(L-r) Minister Ngafuan, Mr. Mordashov, Dr. Tolbert and Mr. Pas

Russian Billionaire Eyes Putu Mountain

By George D. Kennedy
Published: 27 February, 2009

MONROVIA, Mineral explorations are ongoing in the Putu Mountain in Grand Gedeh County, southeastern Liberia. Putu Mountain is potentially 500 million tons mines and investment in it would lead to the revamping of economic activity in that part of the country and the creation of thousands of jobs.
This exploration is being carried out by SeverStal, a multibillion-dollar Russian mineral company, which has sought interest in participating in a probable bid process that would enable it to invest in the iron ore industry in Liberia. The exploration exercise costs SeverStal between US$7 million and US$10 million and is expected to last for the next two to three years.

[arf dysg] 20/2/2009 17:12

I'm so high... I don't think I can get much higher.

I'm really REALLY high now... I don't think I can get any higher...

[hyper al] 20/2/2009 15:07

look at gold!!!!!!!

[bsg] 20/2/2009 11:51

Then down again ! LOL

[bsg] 20/2/2009 11:48

Up, against the flow ?

[arf dysg] 18/2/2009 21:26

For Europeans:

In Heaven, the cooks are French, the lovers are Italian, the cars are German and the drivers are British.

On the other hand, in Hell the cooks are British, the lovers are German, the cars are French and the drivers are Italian.

[curt3] 18/2/2009 16:42

delay on New Liberty gold has been a major disappointment on this one. Minor miners like this require a lot of patience after they stop being flavour of the month !!! Good intrinsic value here but when will it be liberated ???

[encarter] 17/2/2009 23:03

A bit more action in Kono.

[bsg] 16/2/2009 12:30

I wonder what that rush of blood was all about on Friday ?

[hyper al] 15/2/2009 21:30

Mano burnt $3 million last year

This year they received

"Severstal will pay US$ 22.5 million for the purchase of a 45% stake from Mano River Resources Inc"

So that is bloody good. Not sure why we are still at this level after that news!

[encarter] 15/2/2009 19:56

An update on the gold would be nice with price on the up, but other than that things are looking good.

[hyper al] 15/2/2009 13:55

14p would be very nice, maybe we will get some way towards that on Monday.

Certainly starting to move in the right direction and many investors now leap in for the ride when they see such a move.

At least Mano is debt free and the current share price is well supported by it's strong cash position.

[encarter] 13/2/2009 22:56

The Russians have options at 14p which i expect them to take up within the next 10 months so that's were the share price is heading imho. All of my gold stocks have had a great week and this rounds it off. If i was to pick one other than MANA the has more to offer it would be CGH. Take a look and DYOR.

[arf dysg] 13/2/2009 16:19

I wonder if the bandwagon is beginning to roll?

[hyper al] 13/2/2009 16:15

another tick up!