BUY ACP
by
REDDEVON
on
21 Jul 2013 17:57
Price at rating: 0.11, now:
With a company about to churn out 5000 tons of briquettes a month with a value of 720Rand a ton(do the maths) It won't be too long before the MRI shares are on the radar and the loan paid back. ACP are in the mean time getting a healthy 10.5% interest on this outstanding loan. r MRI stated back in May it is expected that the commercial commissioning of the project will commence in July 2013, with full production commencing in September 2013. They have stated again this week that everything is on track and fully funded. "It is still expected that commissioning of the project will commence end July 2013, with first briquette production in August 2013.r Continuous, on-specification briquette production is targeted for September 2013". r End of July is upon us, this is happening and happening now. ACP own 40.27% of MRI, happy days.
Score: 85.00