Mine Restoration Investments - MRI

1 share trade? Why would you buy or sell 1 share, the dealing costs for 13c! Perhaps the world is full of escaped inmates lol.

Another 1 share trade just went through at 12c

Absolute madness!

Probably the same person.

The recent activity on this thread point to an escape from an institution. Me thinks

LOL!!!

Classic

Is it just me, or has this thread turned into a bunch of new members punting what they clearly own? 

Probably the same person.

The recent activity on this thread point to an escape from an institution. Me thinks

Is it just me, or has this thread turned into a bunch of new members punting what they clearly own?

Is it just me, or has this thread turned into a bunch of new members punting what they clearly own? 

We will have a quality product in the next 5 weeks or sooner.

"The mine reserves comprise good quality bituminous coal and high-grade anthracite. The quality of the material makes it highly sought after in the metallurgical industry".http://minerestorati...etting-project/

MRI getting on the radar with more news articles.

http://uk.advfn.com/newspaper/tom-frew/22130/armadale-reports-mine-restoration-investments-progress

Mine Restoration Investments in the News

http://www.miningne....quetting-plant/

http://www.trinityam.co.za/trinityam/ 

For those whom are currently unawares, the above site is for Trinity Asset Management (they have a holding also)  whom are well 'acquainted' within the african society with BIG links to companies/infrastructure/gov etc etc

Wow what a day MRI has seen today.  Just under 6.5 million shares traded with 86 deals ; correct me if wrong, but isn't this the highest since they began trading and we've never seen volume like this in any 'one day' let alone the whole week .  So the whole week ie, monday - friday (today) gives us a total volume of just under 9 million...I will let you do the math ...

P.s. Thanks REDDEVON for the calculations of values, this certainly sounds like news is around the corner... AMD...GOLD.. COAL..OTHER FRONT even ? hmmm..

ANy idea how we can buy MRI shares and trade of the ZA anybody ?

Thanks and good weekend to one and all and god bless

86 trades today totalling 6,425,100 shares traded. This is about 2.8% of MRI.

Lots of 100,000 purchases so some institution looks like it could have started accumulation?

13c per share to purchase this stock with 229,106,000 shares in issue values it at only 29,783,780 ZAR. The Briquetting plans to churn out 3,600,000 ZAR worth a month. 43,200,000 a year!!

Less than 5 weeks.

Peter Marks, Chairman of Armadale capital PLC said in the last Armadale RNS: “With maiden revenues from the coal briquetting operations expected imminently, I believe we are well set to realise value from our 40% interest in MRI in the near term. In addition to our MRI investment, we remain focused on developing our portfolio of assets."

http://www.armadalec...te 15_10_13.pdf

MRI said next 6 weeks in their Sens (four days ago). Peter Marks is saying "Imminently"  Sounds like this could be sooner rather than the 6 weeks. Gone up 9.09% today to 13c to purchase these. MRI Did hit 30c at one time without the funding for the briquettes, without being in production and Without the factory machinery. Looks cheap.

The volume this week (monday-today) should exceed 2million at close of play today

Highest volume in a while for MRI; Lots seem interested in getting their hands on these shares

MRI currently 18% UP

2 trades so far

Good day at MRI today with majority BUYS

Price has held and is steady

Wait for the big monie(s) to enter shortly now that MRI is on the radar with more and more EXposure

Onwards and Upwards.  You gotta be in it to WIN it