Metalnrg Share Discussion Threads

[lew stules] 15/2/2021 12:23

Only you and me possibly - not much happening at the moment.

I am holding for the long term as I believe there will be value adding acquisitions
or a reverse takeover at some point. Very low market cap with potential.
Also very intrigued by the two pi's holding around 15%. They must know something or have money to burn, non?

[block4gooner] 13/2/2021 15:09

Does anyone post here anymore?

[block4gooner] 05/2/2021 14:04

I've heard1. Lottery winners2. Solicitors3. Frank&Betty:)

[32campomar] 05/2/2021 13:28

Does anyone know who they are?

[block4gooner] 05/2/2021 11:46

TR1 from Spencer'sDue to 15% dilution of shares the percentages have dropped but by the look of it he has increased his holding

[julian1000] 04/2/2021 11:24

Good thinking, I've tucked a few of these away so will sit back and see what happens.

[driver101] 04/2/2021 11:18

Not interested in Oil at this moment, yet there are billions of cars worldwide running on the stuff, now is a good time to pick up some oil stocks or projects when everyone is looking the other way.

[32campomar] 04/2/2021 11:01

Yes I have been watching for some time mainly as I was interested in the Arizona gold angle but in the latest chat with the Company I found through proactive investors they didn't even mention it. Can't get excited about the oil, unfortunately as RDB holders will testify their share price has done nothing even though they have the largest onshore oil find since 1973. Previous metals and green are in, sadly no one seems interested in oil

[driver101] 04/2/2021 10:54

They took on an Oil project with no money, there’s more to this company than first appears.

[32campomar] 04/2/2021 10:45

Yes I think it's good idea as a general rule but not because there's no other option because cash is so tight.

[driver101] 04/2/2021 10:29

Harry.

There's also another rumour, that when EUA is sold or part sold.
What remains of EUA could back into MNRG for a main market listing. Possibly adding EUA's WK mine to their portfolio.

[32campomar] 04/2/2021 09:38

So basically they are so short of cash the directors are being paid in shares.

[harry tp] 28/1/2021 15:38

There is a rumour on another board that MNRG been offered a placing at 0.35p - if that is true im outta here for good.I know it difficult market to raise cash but that would be a kick in the teeth for holders and the last straw for many of us.


32campomar - 24 Jan '21 - 09:50 - 298 of 299

Looks interesting, but the balance sheet suggests they are running on fumes with little cash. Isn’t there a risk of a dilative placing to fund continued operations? Any thoughts?

[block4gooner] 27/1/2021 17:55

Another couple of TR1's from the Spencer's I see.Are they building a stake for a takeover?We need some info on them surely?

[32campomar] 24/1/2021 09:50

Looks interesting, but the balance sheet suggests they are running on fumes with little cash. Isn't there a risk of a dilative placing to fund continued operations? Any thoughts?

[block4gooner] 21/1/2021 07:56

Just after the cancellation of the LVG acquisition too

[block4gooner] 21/1/2021 07:55

So a Mr&Mrs Spencer own 20% of the shares now.HmmWhy I wonder?

[block4gooner] 15/1/2021 09:01

Two nice RNS's today.Always good to see a TR1 and especially confirmation of the acquisition of course.Think there may be another TR1 next week.Feeling in my water

[harrisun] 13/1/2021 15:02

Well I took another 450,000 for just a few more as the market marked us down, but I was encouraged they walked.

edit: Taken just a few more than the 450k, not exactly dear

[excellance] 13/1/2021 12:58

Meanwhile, in Arazona, are we at a standstill?

[excellance] 13/1/2021 12:56

As I said months ago, MNRG want and will get the Seminovsky tailings project from Eurasia Mining once their take-over concludes.

That is a straight forward gold processing operation over just a few years but will be very lucrative and fits perfectly into the MNRG criteria.

Still not sure about oil and gold in the same basket.

[excellance] 13/1/2021 12:47

Great news.

I think it was all a ruse in the first place.

[harrisun] 13/1/2021 12:33

I'm pleased the BoD came to the decision not to proceed. I mentioned my reservations about the deal some time ago.