http://www.trinityam...30072012_JS.pdf
Page 11 has Dec. Forecasts
Financials out tomorrow, will we have briquette news too? Got to be in it to win it! Revenue on its way.
Posted 17 November 2013 - 08:58 PM
http://www.trinityam...30072012_JS.pdf
Page 11 has Dec. Forecasts
Financials out tomorrow, will we have briquette news too? Got to be in it to win it! Revenue on its way.
Posted 15 November 2013 - 04:35 PM
Up 1c on bad financials. Good news must be over the hill (& Hopefully not far away too LOL)
Posted 15 November 2013 - 04:31 PM
Correction to Trading Statement
Mine Restoration Investments Limited
(formerly Capricorn Investments Holdings Limited)
Incorporated in the Republic of South Africa
Registration number 1987/004821/06
Share Code: MRI
ISIN Code: ZAE000164562
("MRI" or the “Company")
CORRECTION TO TRADING STATEMENT
Shareholders are referred to the trading statement which was
released earlier today and advised that the expected loss and
headline loss per share were incorrectly disclosed. The
correct information is disclosed below:
- the basic loss per share for the period ended 31 August
2013 of between 0.90 cents and 0.95 cents compared to
the basic earnings per share of 0.01 cent reported in
the previous corresponding period; and
- the headline loss per share for the period ended
31 August 2013 is expected to be between 0.90 cents and
0.95 cents compared to the headline earnings per share
of 0.01 cent reported in the previous corresponding
period.
The rest of the information remains unchanged.
Big volume being traded amounting to 3,7 million shares being traded
Posted 15 November 2013 - 01:23 PM
Not good reading!
Expecting a big sell-off today
More financials in a few days and hopefully more meat on the bone about them their Briquettes.
Good time to jump in if it drops, results were expected. Production soon.
Posted 15 November 2013 - 12:59 PM
Not good reading!
Expecting a big sell-off today
Posted 15 November 2013 - 12:54 PM
Release Date: 15/11/2013 12:40:00 Code(s): MRI
Trading Statement Mine Restoration Investments Limited (formerly Capricorn Investments Holdings Limited) Incorporated in the Republic of South Africa Registration number 1987/004821/06 Share Code: MRI ISIN Code: ZAE000164562 ("MRI" or the “Company") TRADING STATEMENT Shareholders are advised that the expected loss per share and headline loss per share for the financial period ended 31 August 2013 (the “Projected Financial Results”) were compared to the financial results reported on in the previous corresponding period being the eight month period ended 31 August 2012. In accordance with paragraph 3.4(b) of the Listings Requirements, companies are required to inform shareholders as soon as there is a reasonable degree of certainty that the earnings of the Company are likely to vary by 20% or more when compared to the most recent corresponding period. The board of directors of MRI hereby advises that a reasonable degree of certainty exists that the Company will report a basic loss per share for the period ended 31 August 2013 of between 90 cents and 95 cents compared to the basic earnings per share of 1 cent reported in the previous corresponding period. The headline loss per share for the period ended 31 August 2013 is expected to be between 90 cents and 95 cents compared to the headline earnings per share of 1 cent reported in the previous corresponding period. During the period under review the company was busy constructing a coal briquetting plant which will go into production only after the end of the reporting period which contributed to the aforementioned difference in the Projected Financial Results and the financial results reported in the previous corresponding period The financial information on which this trading statement is based has not been reviewed or reported on by the Company’s auditors. The Company’s results for the interim period ended 31 August 2013 are expected to be released on SENS on or about 18 November 2013. 15 November 2013 Corporate Advisor
Posted 15 November 2013 - 12:47 PM
The headline loss per share for the period ended
31 August 2013 is expected to be between 90 cents and 95 cents
compared to the headline earnings per share of 1 cent reported
in the previous corresponding period.
Posted 14 November 2013 - 03:41 PM
Agree,Results won't be good reading for the number crunchers like you say. Its been a long road for MRI. Loans to be paid back to a few companies, ACP etc. and extra costs were involved for all the delays etc. but The Briquette Manufacturing will undoubtedly underpin MRI's share price and it can move forward with a regular good income. I would have thought that todays share price has taken account of 'The Terrible' as you put it and everything is priced in. But hay ho, you'll always get a few panic, but this will head in the right direction IMHO. DYOR Folks GL.
Yip - there will be some panic selling no doubt
Just means we can add more at a lower price
Posted 14 November 2013 - 03:39 PM
To be honest, I think the results are going to be terrible
Profatibility will only happen once the briquette plant is fully functional and making profitable turnover
We might even see a drop in price tomorrow, but will come back nicely once the plant is operating at optimum levels
Agree,Results won't be good reading for the number crunchers like you say. Its been a long road for MRI. Loans to be paid back to a few companies, ACP etc. and extra costs were involved for all the delays etc. but The Briquette Manufacturing will undoubtedly underpin MRI's share price and it can move forward with a regular good income. I would have thought that todays share price has taken account of 'The Terrible' as you put it and everything is priced in. But hay ho, you'll always get a few panic, but this will head in the right direction IMHO. DYOR Folks GL.
Posted 14 November 2013 - 12:10 PM
15th November MRI INTERIM?
http://news.psgonlin...f-feds-stimulus
Could they speculate on the Briquettes tomorrow?? Is it too late to get in tomorrow if they announce good news.
To be honest, I think the results are going to be terrible
Profatibility will only happen once the briquette plant is fully functional and making profitable turnover
We might even see a drop in price tomorrow, but will come back nicely once the plant is operating at optimum levels
Posted 14 November 2013 - 12:05 PM
15th November MRI INTERIM?
http://news.psgonlin...f-feds-stimulus
Could they speculate on the Briquettes tomorrow?? Is it too late to get in tomorrow if they announce good news.
Posted 12 November 2013 - 09:03 AM
Reminder From 15th Oct.
"Product specification is monitored regularly and is dependent on the quality of the fines produced by the run of mine feedstock. Final product specification and the sale of the produced briquettes is subject to final customer confirmation which will be based on bulk tests to be conducted at the customer’s facilities during the next 6 weeks".
http://minerestorati...ting-Plant.docx
4 weeks now into the 6. News anytime
Posted 07 November 2013 - 07:52 PM
Apologies for the multiple - kept seeing a SQL error ! Anybody else ?
First time, never occurred before , sorry again !
Posted 07 November 2013 - 07:50 PM
Another high volume day over at MRI as well as ACP who own 40.3 % of MRI
Decent healthy volume is key and we are seeing more and more activity which is a DAMN GOOD sign folks
YEEEE HAH !
Posted 07 November 2013 - 07:50 PM
Another high volume day over at MRI as well as ACP who own 40.3 % of MRI
Decent healthy volume is key and we are seeing more and more activity which is a DAMN GOOD sign folks
YEEEE HAH !
Posted 07 November 2013 - 07:50 PM
Another high volume day over at MRI as well as ACP who own 40.3 % of MRI
Decent healthy volume is key and we are seeing more and more activity which is a DAMN GOOD sign folks
YEEEE HAH !
Posted 07 November 2013 - 05:02 PM
The 13 and 14 levels were shortlived today
Testing higher, that is the main thing. 13-14 will be history soon.
Posted 07 November 2013 - 04:28 PM
The 13 and 14 levels were shortlived today
Posted 07 November 2013 - 04:24 PM
Posted 07 November 2013 - 01:34 PM
MRI volume has been the highest it's been in a while
16.67% UP today on only 7 trades
LEaky leaky South Afrikaans ...MMmmhhh