MNRG

Metalnrg Plc

0.075
0.00 (0.0%)
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% 0.075 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Investors, Nec 0.00 -1.86 -0.20 - 0.85
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.075 GBX

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Date Time Title Posts
23/5/202308:04MetalNRG Plc - gold cobalt uranium 2020899
04/10/202121:08MetalNRG 1,209
20/10/202015:17Metal NRG - The NEX Exchange Cobalt Explorer3

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Posted at 02/5/2023 08:01 by barts
https://uk.advfn.com/stock-market/london/metalnrg-MNRG/share-news/MetalNRG-PLC-Delayed-final-results-and-temporary-s/90899099
Posted at 24/3/2023 10:22 by tomboyb
MetalNRG Plc
@MetalNRGplc
·
13m
#MNRG
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 15:58 by tomboyb
Price moving up slowly -

ask now 0.074p -

Posted at 21/3/2023 13:47 by tomboyb
MetalNRG Plc
@MetalNRGplc
·
19m
#MNRG #Gold #WtE
𝗟𝗲𝗴𝗮 0313; 𝗨𝗽𝗱𝗮 0321;𝗲 - 𝗖𝗘𝗢 𝗜𝗻𝘁𝗲 0319;𝘃ҳ10;𝗲𝘄;
@MetalNRGplc
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:
hxxps://buff.ly/3LB4TxR

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.
TIDMMNRG

RNS Number : 9285S

MetalNRG PLC

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".

END

Contact details:


MetalNRG plc
Rolf Gerritsen
Christopher Latilla-Campbell +44 (0) 20 7796 9060
Corporate Broker
PETERHOUSE CAPITAL LIMITED
Lucy Williams/Duncan Vasey +44 (0) 20 7469 0930
----------------------
Corporate Broker
SI CAPITAL LIMITED
Nick Emerson +44 (0) 1483 413500

Posted at 06/3/2023 14:00 by tomboyb
MetalNRG Plc
@MetalNRGplc
·
50m
#MNRG #WtE #EQT
𝗜𝘁𝗮𝗹 0310;𝗮 𝗠𝗗𝗖
The plant will process 10-12,000 tonnes per year of locally sourced agricultural and forestry waste, outputting 1MW of green electricity. Dr Yoel Aleman, Chief Technology Officer gives an overview, watch the video below.
hxxps://buff.ly/3XnHySV

Posted at 03/3/2022 12:19 by block4gooner
?BritNRG Limited205 followers1hUpdate from BritENERGY Holdings LLP (LLP): - We (LLP), BritNRG Limited (Brit), and Pierpaolo Rocco (PR) are currently, along with our legal team, preparing robust and comprehensive defences to the rescission claim raised by MNRG, illuminating the entire fact-set of the dispute surrounding MNRG's rescission action. At present we have until 18 March to lodge defences. - As we have said previously, there is a lot to the story here and we had intended to present a detailed narration of the relevant facts today. However, on the advice of our legal team, we have decided to present that on a similar time-scale to the filing of our defences. The same fact-set is relevant to separate claims which we intend to bring to court against MNRG and its Directors. - We are confident in our defences to the MNRG rescission action and remain perplexed by its commercial rationale from MNRG's perspective. The legal proceedings already raised against MNRG and those still to come are founded on clear facts and solid arguments and will represent claims of a value in excess of the claim currently made by MNRG. - We should also note that we remain pragmatic and open to a fair settlement in light of all the facts of this unfortunate dispute, in the interests of all shareholders and stakeholders. But settlement can only be achieved if all parties can resolve to take a fair, pragmatic and commercial approach. Anything less and matters will simply escalate in yet further litigation. As said above, more updates will be released in due course. Sincerely, LLP et al
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

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