Molecular Energies Share Discussion Threads

[jack shit] 18/6/2014 08:07

Apsoo,No,trading resumes on 15 Jul. Its in the RNs main text and the summary of events at the end.

[alpha534u] 18/6/2014 08:05

yes back trading tomoz from todays RNS

[apsoo] 18/6/2014 07:50

On 24 February 2014, trading in the Company's shares was suspended pending an announcement and publication of an Admission Document relating to the Acquisition. The Directors have requested AIM to permit restoration of Mentum's Ordinary Shares to trading on AIM following publication of the Admission Document and the related announcement, and this is expected to occur by no later than 8.00 am on 19 June 2014.

[apsoo] 18/6/2014 07:49

Is it not tomorrow ?

[jack shit] 18/6/2014 07:48

15 july 14 recommencement of trading.Another 4 weeks of bloody waiting.A real pain in the arose.

[stockhope syndrome] 18/6/2014 07:30

'further funding' requirement - you don't say !

Force Majeure

Arising from local community issues, a previous owner of Andash Mining sought the protection of "force majeure" status in order to suspend commitments under the Andash Mining Licence without losing its rights thereunder. As such the Company is unable to commence normal operations under the licence until the force majeure status is lifted. The Company intends to progress a process developed by Robust of having the force majeure status lifted thereby restoring normal operations under the licence, via the following staged process which the Company envisages will be commenced in September 2014:

· preparation of an ISDP;

· approval of the ISDP by the Minister of Economy and Director of SAGMR;

· upon approval of the ISDP, work in parallel both with the local community and the Parliamentary Committee on Energy and Subsoil to address the local community issues and allow normal operations to resume at Andash; and

· once agreement is reached with the Parliamentary Committee, Andash Mining will send a formal notice to SAGMR requesting cancellation of the force majeure status.

The Directors believe, on the basis of discussions already undertaken between Robust and the local community and local and central government, that the force majeure status will be lifted upon reaching agreement with local authorities on social issues relating to mining operations. The financial resources available to the Company are sufficient to enable the Company to complete this process and to prepare an updated mine plan for the Andash project, following this the Company expects require further funding to develop the Andash project.

[stockhope syndrome] 18/6/2014 07:25

Well let's see if he gets it right today with his prediction of tomorrow

PMSL

[oilbuy] 18/6/2014 07:08

Mentum Inc.18 June 201418 June 2014Mentum Inc("Mentum" or the "Company")Proposed Acquisition of the Kyrgyz Mining Assets of Robust Resources LimitedProposed Consolidation of Share CapitalProposed Change of NameNotice of Annual General MeetingRestoration of DealingsMentum is pleased to announce the proposed acquisition of the Kyrgyz Republic Mining Assets of Robust Resources Limited ("Robust")(the "Acquisition") and the publication of an Admission Document (the "Admission Document") convening an Annual General Meeting ("AGM").AcquisitionIn July last year, Mentum outlined its strategic objectives to build a portfolio of assets in the natural resources sector. Mentum is now pleased to announce that it has conditionally agreed to acquire the mineral exploration and development operations of Robust Resources Limited in the Kyrgyz Republic (the "Target Assets") for an aggregate consideration of GBP27 million (based on a deemed share price of 0.575p per Ordinary Share and 28.75p per Consolidated Ordinary Share) to be satisfied by the issue to Robust of 93,831,153 new Consolidated Ordinary Shares (which would represent, prior to the Consolidation becoming effective, 4,691,557,650 Ordinary Shares).Simultaneously with the Acquisition, the Company is proposing to undertake a 1 for 50 share consolidation to consolidate the Company's existing ordinary shares of 0.1 penny each into new ordinary shares of 5 pence each.The Acquisition, subject to shareholder approval, will mark Mentum's first major asset acquisitions and the Enlarged Group will have following completion:-- exposure to large-scale gold and copper mining development and exploration operations in a region widely recognised for its mineral prospectivity;-- a portfolio of projects in different stages of development that the Company expects, subject to a revised definitive feasibility study and governmental and community approval of the project, will allow for phased development to production. The Acquisition comprises three license areas; namely:o Andash Licences - JORC compliant Measured and Indicated Resources of 682,000 ounces gold, and 170 million pounds copper;o Talas Licences - SAMREC compliant Resources of 6.7 million ounces gold and 1.6 billion pounds copper and the geological exploration potential of gold and copper licenses Korgontash, Kentash and Barkol; ando The right to farm-in to a 70% interest in the Bashkol Licence;

[treacle32] 17/6/2014 21:39

Yes hopefully our patience is well rewarded. Maybe Mentum is indeed the next one to reach dizzy heights on AIM after other biggies in past few weeks in June 2014.

[oilbuy] 17/6/2014 21:36

Treacle.Here's waiting !!!!

[stockhope syndrome] 17/6/2014 19:59

I see the bankrupt lying conman is still trying to maintain the pretence that everything is fine despite saying the stock would return 'tomorrow' for the last 3 months !

[treacle32] 17/6/2014 17:19

Very primed for a massive spike anyday now.

[treacle32] 17/6/2014 14:33

At least it seems to be clear now that it could be this week, or next week.

[123trev] 17/6/2014 11:32

No,only ever been a trading share for me,quick in and out but done very well,not all bad on the dark side.lol.gl

[yorkie14] 17/6/2014 11:27

No Trev but are you still holding afpo (not to be traded and kept till sold). See what happens when you hang out with trolls. gl

[123trev] 17/6/2014 11:07

Hi, Yorkie he just won't believe it,he is slower than a three legged,arthritic tortoise with amnesia!are you still holding snak?

[yorkie14] 17/6/2014 10:34

Harold, Trev123 is not Stocko but a partner in crime. Me and Trev are old sparring partners.

[oilbuy] 17/6/2014 10:20

Roll on !!!

[123trev] 17/6/2014 00:27

Night Harold,I really am not stocko but given your severe mental disability I guess I could never convince you!ps who is brokerman haven't a bloody clue what your on about there?