Molecular Energies Share Discussion Threads

[123trev] 17/6/2014 00:15

Yawn,yawn,Harold,same old same old!

[newbytothis] 16/6/2014 23:43

Watch it lads - his eds gone

[newbytothis] 16/6/2014 23:43

Talk of paranoia .....

[123trev] 16/6/2014 23:38

Pmsl,I'm really not Stockologist you halfwit and it just shows how slow in the head you really are,are you Divebridgers brother!ps your wife back yet!

[123trev] 16/6/2014 23:21

I again would like to make it clear that ,Divebridger aka that halfwit adds is the reason why close family members should not have children.

[flasher2] 16/6/2014 20:07

Thanks, look forward to it.

[treacle32] 16/6/2014 20:03

I spoke to them today - see my earlier postings.

Suspension to be lifted between now and end of June 2014. We're not going into July 2014.

Hopefully a super rise to 4 and 5 pence area awaits. Never know when momentum catches up on penny stocks on AIM may well exceed especially with just circa around 50m shares free float.

[flasher2] 16/6/2014 19:58

Hi Treacle, when are you expecting news here?.

[treacle32] 16/6/2014 19:57

We've had positives today and Chris Holden now on his 4th costume in one day on the other bb.

[r d felcher] 16/6/2014 19:19

August is just a few weeks away

eeek

[treacle32] 16/6/2014 16:22

Like I said earlier they've even had russian language to interpret etc so really they will have achieved it all in 4 months which is remarkable considering the complexities too.

It was also said we had to be suspended because ROL made the announcement first on ASX.

[treacle32] 16/6/2014 16:21

Yep - not waiting for information and anything like that.

Its just the advisors bit and for that final rubber stamp.

It could be well within end of June 2014 too.

I asked whether it would go into July 2014 and it was said no.

[emblaze1] 16/6/2014 16:08

Thats good news Treacle within 2 weeks now then.

[treacle32] 16/6/2014 16:02

No don't say that please.

Got good vibes from Trevor today. Pretty sure we won't be more than 2 weeks now and anyday before end of June 2014. The delay now only is because its the advisors bit.

[oilbuy] 16/6/2014 15:35

Treacle I think you have a secret admirer.lol

[treacle32] 16/6/2014 15:23

Someone must be desperate - 3 costumes in 1 /2 hours and making it out to be 3 people when 1 and Chris Holden.

[dontshootthemessenger] 16/6/2014 15:09

24 February 2014


MENTUM INC
("MEN", "Mentum" or "the Company")

Proposed Acquisition of Advanced Large Scale Copper-Gold Deposits in Kyrgyz Republic

Mentum Inc (AIM: MEN) announces that it has entered into a memorandum of understanding with the intention of acquiring the Kyrgyz Republic mineral exploration and development operations of Australian Stock Exchange listed Robust Resources Limited ("ROL"), together with approximately £3.5 million of cash, for £27.0 million, which will be satisfied entirely by the issue of new shares of Mentum (the "Acquisition") at a price of 0.575 pence per share.

An announcement is expected to be made by ROL in relation to the proposed transaction which can be downloaded from ROL's website at www.robustresources.com.au and contains a detailed presentation by ROL about the Kyrgyz Republic operations.

The deposits to be acquired are located within the Central Asian Orogenic Belt, which hosts several world-class multi-million ounce gold deposits, including Muruntau, Almalyk and Oyu Tolgoi. The Directors believe that there is considerable scope for advancing the multi-asset portfolio to near term copper and gold production.

On completion, the Acquisition will mark Mentum's transition into an operational exploration and development company focused on one of the world's richest gold-copper belts. It is intended that subject to shareholder approval, the name of Mentum Inc will change to Tengri Resources.

Peter Moss, Chairman of Mentum, commented:

"I am very pleased indeed to provide shareholders with this positive and substantial update. I believe that both the timing of the transaction at this stage of the economic cycle, as well as the quantum and quality of the assets, can provide a strong platform for growth for shareholders."

"These assets provide a pipeline of projects maturing through the exploration and development process towards economic feasibility and possible mining. In the long run, I believe they have the potential to deliver strong investment returns and the possibility to become significant copper and gold producers in the future. One of the consequences of this transaction is that Mentum will benefit from the interest of Robust's top quality investors to our shareholder register, supplemented by a world-class management team. "

"I would like to thank everyone involved in the proposed transaction and look forward to welcoming to Mentum the talented team led by Gary Lewis, Managing Director of Robust, which post Acquisition will be charged with managing and developing the projects. I would also like to take this opportunity on behalf of myself and the other directors of thanking all shareholders for their support in the past few months. Charles, Shahed and I will continue as directors until the EGM to be called to consider the Acquisition when we will be stepping down if shareholders approve the transaction. It has been a privilege to be involved with this exciting venture. The Acquisition is taking place at a juncture in the cycle for natural resources when copper and gold assets are in the process of being positively re-rated, and this is a particularly pleasing confluence of circumstances that bodes well for Mentum's shareholders."


Other information

The Shareholder Circular (comprising an AIM Admission Document) seeking shareholder approval of the Acquisition, which is expected to be published within 21 business days of the date of this announcement, will contain detailed information on the companies Mentum intends to acquire and their assets, proposed name change, capital reorganisation, and changes to the Board of Directors.

[treade32] 16/6/2014 15:09

means nothing if he was nice to you. if your a ramper Trevor love you long time