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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Metalnrg Plc | LSE:MNRG | London | Ordinary Share | GB00B15FS791 | ORD 0.01P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.02 | 19.05% | 0.125 | 0.12 | 0.13 | 0.125 | 0.105 | 0.11 | 52,692,560 | 14:00:22 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Investors, Nec | 0 | -2.22M | -0.0018 | -0.67 | 1.48M |
Date | Subject | Author | Discuss |
---|---|---|---|
21/10/2020 20:45 | I suspect the annoucement was rushed. The deal was for .8p pre share. The share price started rocketing. 2 scenarios occur to me. 1) suspicion of a leak and delaying any announcement would have attracted the regulators even more. 2) The share deal would look poor if the share price kept advancing. Concurrent with that, such an annoucement would bring the price back down opening the door to a compensation claim for loses for those people that bought shares at the inflated price. | ekuuleus | |
21/10/2020 20:44 | Rolf insists its a good deal. Financially the deal makes perfect sense in my humble opinion. I hope this answers your question Regards Rolf Rolf Gerritsen CEO MetalNRG Plc 1 Ely Place London EC1N 1RY | magtalo | |
21/10/2020 20:41 | Its beyond belief. | magtalo | |
21/10/2020 20:35 | They did a good sales job, picked it up cheap and flogged it off for an onshore oil well in England producing 55 bboepd. | excellance | |
21/10/2020 20:12 | Loads of players have been in and out of the Tanzania asset...why ? How do lvg pay $1m 2 months earlier for the Tanzania asset then sell it on for £6m | magtalo | |
21/10/2020 19:46 | Looks to me like there will be more deals like this one, ie more dilution in return for assets. So LVG will also get diluted. I still think Eurasia's Seminovsky tailings project will be added here, and maybe the remnants of EUA will RTO here if the eventual buyers of Monchetundra palladium want to keep Eurasia's London listing. | excellance | |
21/10/2020 19:27 | Mate, mnrg have basically handed everything they hold now and in future for the LGV asset..... I don't get it. | magtalo | |
21/10/2020 19:10 | Nobody is prepared to make the £4.5m investment for some reason. Either that or they wanted to twin their little near production mine with a bigger asset with a bit of work still to do. Very odd. | excellance | |
21/10/2020 19:00 | I can't help reading the same words since 2016 regarding LVG asset by other operators. "Near term production". Its been 12 months away for the past 4 years. ??? | magtalo | |
21/10/2020 18:05 | hxxps://youtu.be/zR0 ????? | magtalo | |
21/10/2020 18:05 | The link above doesn't work anymore ??? | magtalo | |
21/10/2020 16:51 | Palamino cobalt. There was a cobalt license in USA, any ideas whats happened to that ? | magtalo | |
21/10/2020 16:39 | anyone know anything about mnrg's cobalt asset in australia. a name, what are they doing ? | magtalo | |
21/10/2020 13:51 | yes, its an RTO in all but name. not sure what the threshold for this to be classed as an RTO, so presumably it isn't one, but merger it surely is. We get all of their share capital and they get 60% of ours. i can't see Rolf staying around as CEO for long, its not his forte, so my guess is he'll step aside at some point and get a hired hand in to do it. At the moment the company are asset building, clearly with big hitting financiers behind them, so there will be a lot more deals in the pipeline, more dilution for sure, but to add value and try to build a strong stable growth and revenue company. Where will the cash come from? | excellance | |
21/10/2020 13:14 | Hope LGV are not taking part in any placing shares too. Having signalled to the market before the event that they will do a placing, which as we can see is having the same effect as Gordon Brown's pre announcement of a gold sale which devastated the price, the opportunity should be there for ALL to take place in any placing. Some may not wish to take part, but it would seem perverse if the BOD via the last announcement have devastated the SP, only then for a select few and possibly the BoD themselves to take advantage of a smashed sp, but where the potential here is huge. | harrisun | |
21/10/2020 12:41 | but we need cash!! has nobody asked rolf where the cash is coming from sunswept will generate about £400k pa profit assuming no money is spent on the shut down wells.but my guess is they'll want to open those wells up again for a quick return, but that will cost a little cash, no idea how much. | excellance | |
21/10/2020 12:40 | There is danger though, as you have to question whether it is a takeover by MNRG or of MRNG? With potential control resting with LGV, and then in MNRG financing the development of LGV via an additional placing? Not sure if this will be referred elsewhere, as it would seem to be a fundamental change in structure of MNRG. A good acquisition, but will we actually own it, or LGV own us, | harrisun | |
21/10/2020 12:35 | RG says "we will be at least £10-15m mkt cap very soon" that is equivalent to between .83 and 1.25p i agree. | excellance | |
21/10/2020 12:01 | links to Zimbabwe and South Africa, and lives in London. Seems to be involved in a lot of stuff but never in the press, tho the names pop up in the panama papers... | excellance | |
21/10/2020 11:53 | Peter: London Finance and Investment Corp Limited Again City Group Plc appear also | harrisun | |
21/10/2020 11:50 | Excellence, he is involved currently with several companies including Tennyson Investments (dissolved) Industrial & Commercial Holdings Marlands Estates Limited London Finance and Investment Corporation Limited Lengau Resources plc 18 Moreton Terrace Management Company Limited Also seems City Group | harrisun |
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