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Mine Restoration Investments - MRI


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#161 REDDEVON

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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.


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#162 REDDEVON

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Posted 15 November 2013 - 04:35 PM

Up 1c :o  on bad financials. Good news must be over the hill (& Hopefully not far away too LOL)


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#163 Trader1

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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
 


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#164 REDDEVON

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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.


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#165 Queen B

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Posted 15 November 2013 - 12:59 PM

Not good reading!

Expecting a big sell-off today


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#166 REDDEVON

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Posted 15 November 2013 - 12:54 PM

Release Date: 15/11/2013 12:40:00      Code(s): MRI     email.gif   print.gif

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


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#167 Queen B

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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.
 


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#168 Queen B

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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 :)


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#169 REDDEVON

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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.


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#170 Queen B

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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


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#171 REDDEVON

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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. ;)


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#172 REDDEVON

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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

 

http://minerestoration.co.za/

 

4 weeks now into the 6. News anytime ;) 


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#173 LAWW

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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 !

 

:)


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#174 LAWW

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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 !

 

 


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#175 LAWW

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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 ! :angry: 

 

 


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#176 LAWW

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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 ! :angry: 

 

 


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#177 REDDEVON

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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.


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#178 Queen B

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Posted 07 November 2013 - 04:28 PM

The 13 and 14 levels were shortlived today


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#179 REDDEVON

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Posted 07 November 2013 - 04:24 PM

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

 

Only a matter of time before they get the nod. ;)


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#180 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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