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Mine Restoration Investments - MRI


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#241 REDDEVON

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Posted 17 October 2013 - 01:31 PM

“Revenues generated from this project will be used to further capitalise the Company and invest and grow the business. The Company is continuously evaluating various projects for implementation of the technology”.

Q George (Chairman MRI)

28 FEBRUARY 2013

 

Looks like MRI's operation is just waiting to get the confirmation requirements from the end user of the briquettes from its 1st factory that has now started churning out the briquettes, then it will look to extend and grow. A great time to get in now with less than 6 weeks to go before the specification and evaluation results arrive. This share was 19c when it came to the market, it is now 11c, everything is ready on the briquette front, and fully funded. Only one way this share will go now.

 

 


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#242 guyswonga74

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Posted 17 October 2013 - 01:28 PM

bid dropped to just .13p in London, shocking

 

I don't use the LSE forums, i use discussthemarket.com as these give overviews if ii and lse


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#243 seriousinvestor

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Posted 17 October 2013 - 12:47 PM

Activity on the plant is hotting up now. Great update received...watch this space!


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#244 guyswonga74

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Posted 17 October 2013 - 12:10 PM

I am a holder of 4.4 million shares of ACP over on the LSE, quite heavilly exposed for me, buys ranging from .135p to .165p, so currently underwater, hopefully this seller must nearly be done, oversold in the last 2 days with a perceived delay, but i firmly believe ACP (WET), MRI time is hear.  The time to buy is now when the price is low, and not in a few weeks time on a spike.  Nice to see interest in SA and buys into MRI.  


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#245 LAWW

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Posted 17 October 2013 - 12:08 PM

Yeah great stuff .....!

Nearly R54000.00 traded already.

Don't know about you but I'm off for scommell.    ;)

 

Hi soutie

 

Yep, a fair few trades of recent.  Things finally hotting up in the SA it would seem

 

p.s. what is scommell again ?


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#246 soutie

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Posted 17 October 2013 - 11:57 AM

MRI TRADES so far this morning.  Appears much more activity than the normal, becoming a pattern of trading over here with regular trades going through

 

17/10 11:28 AT 11 90,200  

17/10 11:13 AT 11 997  

17/10 11:13 AT 11 54,003  

17/10 11:08 AT 11 68,517  

17/10 10:59 AT 11 1,480  

17/10 09:27 AT 11 50,000  

17/10 09:26 AT 11 26,000  

17/10 09:24 AT 11 56,000  

17/10 09:21 AT 11 44,000  

17/10 09:16 AT 11 97,599

Yeah great stuff .....!

Nearly R54000.00 traded already.

Don't know about you but I'm off for scommell.    ;)


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Anyone need a heads up...!


#247 badhabit

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Posted 17 October 2013 - 11:52 AM

Greetings all.

 

 Another refugee from the LSE ACP chat room is in the house !

 All aboard for what promises to be an interesting 6 weeks... ;)


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#248 LAWW

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Posted 17 October 2013 - 11:49 AM

MRI TRADES so far this morning.  Appears much more activity than the normal, becoming a pattern of trading over here with regular trades going through

 

17/10 11:28 AT 11 90,200  

17/10 11:13 AT 11 997  

17/10 11:13 AT 11 54,003  

17/10 11:08 AT 11 68,517  

17/10 10:59 AT 11 1,480  

17/10 09:27 AT 11 50,000  

17/10 09:26 AT 11 26,000  

17/10 09:24 AT 11 56,000  

17/10 09:21 AT 11 44,000  

17/10 09:16 AT 11 97,599


Edited by LAWW, 17 October 2013 - 11:50 AM.

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#249 REDDEVON

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Posted 17 October 2013 - 10:35 AM

With new environmental regulations and with Mining houses having to clean up their act, especially with run off from slag heaps where rains cause Acid Mine Drainage, briquetting the fines from coal mines looks to be the only option. MRI look like they have a niche in this area, they plan to roll out this concept at other mines too once this gets off the ground, could get big! The first batch of briquettes are being sent for specification testing shortly, cash revenues won't be far away. It's a win win for Mining houses and MRI. What could possibly go wrong? :D 

 

From MRI website:

"Coal fines are an environmental hazard due to the adverse effects caused by this by-product. To date the only viable solution to these coal fines is the briquetting solution. Previously, briquetting has not been a viable option due to the problems encountered with the process. However, with recent progress in the briquetting methodology used, briquetting is now not only an environmental solution but a profitable business".

 

 

 


Edited by REDDEVON, 17 October 2013 - 10:36 AM.

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#250 LAWW

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Posted 17 October 2013 - 12:16 AM

Good DAy all

 

US Shutdown appears resolved for now

 

Check it out

 

 

http://www.reuters.c...E98N11220131016

 

This should help all stock markets 'globally' as well as perhap intiate a rally or two

 

GL LAWW


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#251 Russmushroomkiller

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Posted 16 October 2013 - 11:10 PM

Good evening all...great news from the usa lets hope both mri and acp can make us all some money
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#252 Borat

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Posted 16 October 2013 - 09:46 PM

Good evening everyone,

I'm also invested in ACP on LSE.

I'm looking forward to reading your thoughts and opinions on here. Any information on MRI will be greatly received.

Borat
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#253 LAWW

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Posted 16 October 2013 - 09:09 PM

Hello evening all !

 

Also being invested in ACP (Armadale Capital over at the LSE), we have a massive 40% interest holding stake within MRI as i'm certain you're aware of

 

The Photos via the minerestoration.za site of the briquette commisioning plant are impressive by anybodies standards; It would be highly embarassing and a massive shock for this type of treatment to not be replicated within other areas/and or regions, these obviously would be around the globe

 

Been here since the hey days, so know pretty much A-Z well just before Z as i guess nobody knows it all eh ?

 

Some heavy buying over at our LSE based ACP share - you can access the link here - http://www.lse.co.uk...re=armadale_cap

 

Hope you guys at JSE enjoy and find our posting of satisfaction

 

LAWW

 

(laww at LSE - smallcaps)

 

Good luck everybody and GOD BL3SS


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#254 Krustytheclown

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Posted 16 October 2013 - 08:37 PM

It would not surprise me at all if this share gets busier and busier over the next short period of time. I have been a follower of this share since the company changed over to MRI and felt their business strategy for the briquette business was a winner. It has taken time to get here but we are now on the cusp of full production and actually starting to make some money here. This is the ideal time to get in. Good to see some new blood on this board also, it has been lonely out here waiting on this to materialise. Welcome all.
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#255 Goliath

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Posted 16 October 2013 - 08:09 PM

I'll wait for the first set of financials(audited) before I'll make a jump into this one, see you guys really pushing this one(new members ironically), but if you guys are correct in the next 12 months great but I'm still a skeptic!


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

#256 REDDEVON

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Posted 16 October 2013 - 05:49 PM

Coal Briquetting to produce 5,000 tonnes a month worth R720 a tonne  ;) as they are for the use in the Metallic  industries.

http://www.trinityam...30072012_JS.pdf

 

http://www.prodiflex...ng Brochure.pdf
 


Edited by REDDEVON, 16 October 2013 - 05:50 PM.

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#257 Dragonheart

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Posted 16 October 2013 - 05:47 PM

Nice update REDDEVON.

Current price here is going to blow in the near future with full production. Not to mention many other potential deals soon also.

An excellent time to get in here at a silly price.

GLA.
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#258 REDDEVON

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Posted 16 October 2013 - 05:38 PM

PICTURES OF MRI's BRIQUETTING PLANT

 

http://minerestorati.../2013/02/P2.pdf

http://minerestorati.../2013/02/P3.pdf

http://minerestorati.../2013/02/P4.pdf

http://minerestorati.../2013/02/P5.pdf

http://minerestorati...2013/02/P1.pdf
 


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#259 REDDEVON

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Posted 16 October 2013 - 05:36 PM

BRIQUETTING PLANT VERY CLOSE TO PRODUCTION :)

 

Mine Restoration Investments Ltd - Update On The Commissioning Of The Coal Briquetting Plant

Release Date: 15/10/2013 16:35:00 Code(s): MRI Update on the Commissioning of the Coal Briquetting Plant

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")

Update on the Commissioning of the Coal Briquetting Plant

Further to the announcement released on SENS on 19 July 2013, which provided an update on the

completion of the briquetting project, the Board of Directors is pleased to announce further that the

commissioning of the Group’s first commercial coal briquetting plant, located in Vryheid, is

progressing well. Construction of the plant, which commenced in March 2013 is almost complete.

Initial production from the plant of coal briquettes has commenced, and is currently being air dried.

The final drying section of the plant is currently in the commissioning phase, following which full

commercial production will commence.

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.

Investors are referred to the Company's website (www.minerestoration.co.za) for a collage of

photographs of the plant.

Jaco Schoeman , Chief Executive of Mine Restoration Limited, commented: “We are delighted to

report excellent progress with the commissioning of our maiden coal briquetting plant at the

Anthracite Coal Mine in Vryheid. Commissioning is entering its final stages prior to the

commencement of full commercial production. The next important stage will be to make initial trial

shipments to potential customers for feedback in the final specifications of the briquettes produced.

I would like to acknowledge our operations team and look forward to updating shareholders as

further progress is made.”

Enquiries: Jaco Schoeman

15 October 2013
 

 

 


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#260 Dragonheart

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Posted 16 October 2013 - 05:05 PM

Hi all,

I am invested in ACP in the UK, who have a 40% stake in MRI so am very interested and happy with the success of the briquette operation as this will boost the ACP price. Good to see that full production is imminent.
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