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MNRG Metalnrg Plc

0.00 (0.0%)
01 Dec 2023 - Closed
Delayed by 15 minutes
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 Shares Traded Last Trade
  0.00 0.0% 0.0525 141,625 08:00:00
Bid Price Offer Price High Price Low Price Open Price
0.05 0.055 0.0525 0.0525 0.0525
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investors, Nec -2.22M -0.0018 -0.28 615.85k
Last Trade Time Trade Type Trade Size Trade Price Currency
15:52:35 O 21,507 0.0501 GBX

Metalnrg (MNRG) Latest News

Metalnrg (MNRG) Discussions and Chat

Metalnrg Forums and Chat

Date Time Title Posts
04/9/202311:19MetalNRG Plc - gold cobalt uranium 2020908
04/10/202120:08MetalNRG 1,209
20/10/202014:17Metal NRG - The NEX Exchange Cobalt Explorer3

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Metalnrg (MNRG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2023-12-01 15:52:360.0521,50710.78O
2023-12-01 11:21:030.05120,11860.18O

Metalnrg (MNRG) Top Chat Posts

Top Posts
Posted at 01/12/2023 08:20 by Metalnrg Daily Update
Metalnrg Plc is listed in the Investors, Nec sector of the London Stock Exchange with ticker MNRG. The last closing price for Metalnrg was 0.05p.
Metalnrg currently has 1,231,704,269 shares in issue. The market capitalisation of Metalnrg is £615,852.
Metalnrg has a price to earnings ratio (PE ratio) of -0.28.
This morning MNRG shares opened at 0.05p
Posted at 04/9/2023 11:05 by whoppy
The value to them is the listing and using MNRG as a vehicle. That's it. If they had pumped £1.5-2m in and taken shares at the current price I would say they have aligned themselves with the shareholders. All they've done is offered minimal cash at 15% interest and CLN death spiral finance to be issued at who know's what price. No risk to them. Easy money.
Posted at 04/9/2023 11:01 by lew stules
Would these guys be joining the company if there were not big plans ahead and rerating of the share price.
Remember this is not an AIM company as main market listed.
Posted at 04/9/2023 07:40 by manual dexterity
To be a part of Sibanye-Stillwater, and Gold one and now Chris Joins the board as exec for MNRG.

Looks like his focus now is on a sub million pound company.

Significant addition to MNRG.
Posted at 04/9/2023 07:22 by manual dexterity
the Company is delighted to welcome Chris Chadwick to the Board. Chris is a highly experienced mine operator with a demonstrated track record of success in shareholder value creation. Chris was previously the Chief Executive Officer of Gold One International and director of Sibanye-Stillwater, one of the world's largest primary producers of platinum, palladium, and rhodium and a top-tier gold producer. He is also the co-founder and CEO of African Gold Acquisition Corp.

That's a big koo for MNRG. This company is tiny and Chris Chadwick joins board.

Posted at 24/3/2023 10:22 by tomboyb
MetalNRG Plc
𝗚𝗼𝗹𝗱 𝗥𝗶𝗱𝗴 0306;
#MNRG plans to drive forward on the gold ridge project, where there are around 600 geosamples to be completed.
"That is a key area of focus for us to really make sure that the gold ridge project in Arizona is further developed"
Posted at 21/3/2023 13:47 by tomboyb
MetalNRG Plc
#MNRG #Gold #WtE
𝗟𝗲𝗴𝗮 0313; 𝗨𝗽𝗱𝗮 0321;𝗲 - 𝗖𝗘𝗢 𝗜𝗻𝘁𝗲 0319;𝘃ҳ10;𝗲𝘄;
CEO updates investors on significant legal case wins and substantial cash injection for the business
Onsite Gold Ridge exploration in April
Full Interview in link below:
Posted at 21/3/2023 11:45 by tomboyb
When you don't need money in this very difficult environment its worth having a look -

I hope Rolf works for the equity here -

Any company that does require equity will struggle -

MNRG does need no money -
Posted at 14/3/2023 14:24 by tomboyb
Its stated that MNRG does not need any funds nor is looking for any funds in the market -

A bit of news could see this 0.1p+ -

And that would cap it at just over £1million -
Posted at 14/3/2023 11:26 by tomboyb
MetalNRG PLC EQTEC Italia MDC Update
14/03/2023 11:22am
UK Regulatory (RNS & others)

Metalnrg (LSE:MNRG)
Intraday Stock Chart

Tuesday 14 March 2023

Click Here for more Metalnrg Charts.

RNS Number : 9285S


14 March 2023

14 March 2023

MetalNRG plc

EQTEC Italia MDC Update

MetalNRG plc ("MetalNRG" or the "Company") is pleased to confirm that EQTEC Italia, our joint investment with EQTEC and two family offices in a waste to energy plant in Italy is operational. EQTEC's technical commissioning team has commenced handover protocols for transferring plant operations to EQTEC Italia MDC srl ("Italia MDC")

The 1.1 MWe plant, located in Gallina, near Castiglione d'Orcia, Tuscany, Italy (the "Plant") had already commissioned gasification and biochar production capabilities in January 2023. On 8 March 2023, following commissioning of the Jenbacher 612 engine, the Plant exported its first electricity to the national power grid. To finalise calibration and performance testing of the engine and to support Handover Protocols, a representative of INNIO Jenbacher (Italia) will be on site from 15 March 2023. Following completion of this work on the engine and before the end of March, the Company expects to fully transfer plant operations to the Italia MDC staff.

Additionally, Italia MDC is pursuing a refinancing of the plant asset by an Italian bank. The technical advisor to the bank visited the Plant in March to complete a technical survey. Subject, inter alia, to the finalisation of the technical report, the Company expects that a funding agreement with the bank will be completed during Q2 2023.

Rolf Gerritsen commented "We are delighted with the commissioning of the Plant and look forward to further positive news over the next few months. With the re financing of the Plant MNRG should be able to recover some of its investment while maintaining its current equity position in the Plant".


Contact details:

MetalNRG plc
Rolf Gerritsen
Christopher Latilla-Campbell +44 (0) 20 7796 9060
Corporate Broker
Lucy Williams/Duncan Vasey +44 (0) 20 7469 0930
Corporate Broker
Nick Emerson +44 (0) 1483 413500
Posted at 20/1/2022 18:35 by excellance
To whom it may concern.

Public Announcement in Relation to Recent MetalNRG PLC RNS and Align Research Note

The board of BritNRG Limited (BritNRG) would like to clarify a number of incorrect and misleading statements contained in the recent Align research coverage initiated and published on Tuesday 18 January 2022 by MetalNRG PLC (MNRG).

MNRG has never ‘owned’ 50% of BritNRG due to their failure to provide adequate and timely funding as required by the contractual agreements between MNRG PLC, BritNRG, and BritENERGY Holdings LLP.

The assertion that our director and CEO, in respect to his status as a ‘person of significant control’ of BritEnergy Holdings LLP, gives cause to voiding the commercial transactions of April 2021 (not April 2020 as mis-stated in the Align research note), in which MNRG acquired 190 shares in BritNRG and an option for further 150 shares (to be exercised upon listing of the company), is entirely fabricated and appears to be malicious in intent. Such transactions were solicited by MNRG management, were negotiated by the MNRG CEO and executed by the Chairman and CEO of MNRG. Accordingly, MNRG paid the agreed consideration to BritENERGY Holdings LLP. MNRG management now refuses to take legal ownership of the shares, despite the evidence and the payments, in what we reasonably believe to be an attempt to maintain their baseless threats of claims against our CEO and associates.

The statement that MNRG invested £1.2m in BritNRG, being somehow the metric for the sum-of-the-parts MNRG valuation for recommendation purposes, is a fabrication and in our view should not be relied upon. For clarity, BritNRG was not in receipt of these funds and MNRG failed to meet their financing obligations under the contractual agreement as referred above.

The statement that MNRG has “embarked upon legal proceedings” is also false. To our knowledge, no proceedings have been raised to date by MNRG against our CEO, BritNRG, or BritENERGY Holdings LLP. Our view is that MNRG has no good legal claims to make in any such (alleged) proceedings. We should however note that there is an action lodged in the courts in relation to this dispute, in which MNRG is currently the defendant. This is not disclosed in the Align research note.

In summary, the continued distortion of facts, evidently for some commercial or market perception purposes, are or will likely be the subject of a number of actions against MNRG who, for clarity, currently hold no equity interest in BritNRG Limited due to a number of failings and choices by, and only by, the current management of MNRG.

The Board of Directors
For and on behalf of BritNRG Limited
Metalnrg share price data is direct from the London Stock Exchange

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