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Mine Restoration Investments - MRI


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#181 LAWW

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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

 

:P


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#182 LAWW

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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

 

:P


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#183 REDDEVON

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Posted 07 November 2013 - 12:10 PM

MRI having a strong day today price wise

16.67% up on a few small trades. 1c up now, spread now 13-14. News on the Briquetting isn't far away. Should see a steady rise from here on. Good Luck holders.


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#184 Queen B

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Posted 07 November 2013 - 10:32 AM

MRI having a strong day today price wise
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#185 Queen B

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Posted 04 November 2013 - 06:42 PM

Full production imminent, within the coming weeks.
More and more people taking an interest here each day.


Some big volume traded again today
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#186 CPvanWyk

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Posted 01 November 2013 - 03:16 PM

Investing in ansys, and then keaton


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#187 Queen B

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Posted 01 November 2013 - 03:12 PM

Dont worry. It was me who sold it.

Cool :)

Why you getting out?


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#188 CPvanWyk

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Posted 01 November 2013 - 03:10 PM

Dont worry. It was me who sold it.


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#189 Queen B

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Posted 01 November 2013 - 03:04 PM

MRI having a bad day!

Down to 10


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#190 REDDEVON

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Posted 01 November 2013 - 11:58 AM

http://www.miningwee...tion-2013-11-01

 

 

By: Chantelle Kotze

1st November 2013

TEXT SIZE
Text Smaller Disabled Text Bigger

Since starting initial coal briquette production last month, AltX-listed Mine Restoration Investments (MRI) says it plans to fully commission its coal briquetting project, in Vryheid, KwaZulu-Natal, this month.

This follows several delays in commissioning the plant, owing to excessive rainfall, which created a hazardous on-site working environment and a mine area inaccessible to heavy vehicles.

The plant will produce coal briquettes by processing coal fines – traditionally an unwanted by-product in the coal mining industry – from the existing fines stockpiles and the monthly fines production of South African coal miner Keaton Energy’s Vaalkrantz colliery.
MRI states that about 10% of the run-of-mine (RoM) coal production at Vaalkrantz was made up of fines in the washing plant thickener underflow.

Surface and underground coal mining operations in South Africa have a combined yearly output of about 300-million tons, creating significant coal residues, such as dust and fines, which can typically constitute up to 20% of the total RoM feed.

“The initial trial [consign- ments] of briquettes were shipped to potential customers last month so that they could provide feedback on the final specifications of the briquettes produced,” says MRI CEO Jaco Schoeman.

MRI says that, while product specification is monitored regularly, it depends on the quality of the fines produced by the RoM feedstock.

Final product specification and the sale of the produced briquettes are subject to final customer confirmation, which will be based on bulk tests conducted over the next six weeks.

The Vaalkranz mine has right of first refusal to buy the coal briquettes, but, should the mine not exercise these rights, Schoeman says, alternative customers have been identified.

Construction of the plant, which started in March, is almost complete, with the final drying section of the plant being commissioned. Full commercial production of 5000 t/m is expected to start before the end of the year.

MRI, which was established to deal with acid mine drainage in South Africa, has developed proprietary technology for coal briquetting that converts anthracite fines into coal briquettes for sale back to the mines for export. This technology is currently used in its briquetting project.

http://www.miningwee...3-11-01Schoeman says that, while the company is focused on achieving full production from the Vryheid-based briquetting plant, it will investigate the possibility of increasing the plant capacity,” he concludes.

Edited by: Martin Zhuwakinyu

Edited by REDDEVON, 01 November 2013 - 11:58 AM.

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#191 Krustytheclown

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Posted 29 October 2013 - 10:42 AM

HEYHEYHEY
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#192 REDDEVON

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Posted 29 October 2013 - 10:24 AM

Deep breath yesterday, off they go again. There is life! :huh:


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#193 Krustytheclown

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Posted 28 October 2013 - 09:33 PM

My god you lot, talk about having a day off I think you lot should. Clearly not busy making any money today any of you.

Sometimes in life you have got to look at things and make the judgement. It is easy to sit back and back favourites for a small return. Good luck to you but you will still be here years from now with your petty comments slagging off who you can.

In my opinion this will make me lots of money over a shortish timeframe and I won't be worrying about you at that point either.

Research done.
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#194 soutie

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Posted 28 October 2013 - 06:38 PM

Full production imminent, within the coming weeks.

More and more people taking an interest here each day.

Today is a public holiday for trading MRI 

 

This is my last post here.

 

Agh man it's just tooo easy to make fun here. 

 

Hey Krusty after the big punt end your post with..........LADUMAAAAA


Edited by soutie, 28 October 2013 - 06:41 PM.

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Anyone need a heads up...!


#195 ptomli

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Posted 28 October 2013 - 05:52 PM

Zero trades today..... nadda

 

I see strong correlation with the number of posts during trading hours in this thread. Hmmm


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#196 Queen B

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Posted 28 October 2013 - 05:12 PM

Zero trades today..... nadda


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#197 Goliath

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Posted 25 October 2013 - 04:38 PM

F@ckin' delusional up 8% on a R3.90 deal  :rolleyes:

I lolled! :D


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Never underestimate the potential for human stupidity when wealth and power are at stake!

#198 peanuts

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Posted 25 October 2013 - 02:52 PM

my comment was directed at you . my platform says there is 470m shares in issue , also debt that could be converted . delivery is late and over budget . i am invested


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#199 soutie

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Posted 25 October 2013 - 01:48 PM

Up 8% this morning. Volumes picking up also.

 

F@ckin' delusional up 8% on a R3.90 deal  :rolleyes:


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Anyone need a heads up...!


#200 Krustytheclown

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Posted 25 October 2013 - 12:44 PM

it looks like you have your nose on . the 8.3 % rise is by somebody who has no respect for a cent . I must have it now .  there is big sellers at 12 cents , just want out



You clearly have no idea of what is going on here with this share. I am not sure why you can be negative around a fledgling share which is about to flourish big time. What is wrong with you, Snoopy not speaking to you today!

Can you explain why you think this is not going to be successful?
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