As predicted it has moved up nicely. This is a good close price for end of the week. I think this company has some sound investment and backing from the right people. People are a little nervous about the share because it fluctuates up and down but once this SP rally kicks in we are in for a ride. We need some operational news and POG to improve. This will rise!
Positive update today,must be good news ahead otherwise it would have been low key
Lack of info or response is really not surprising he will now be told what to do by Redstone,maybe he will be replaced due his now lack of interest to shareholders
I think this SP will continue to creep back up slowly but is there is no RNS there is nothing to go on and investors will have doubts. This is a good med/LT investment but we need to see results
Where is the news of the Pumps and 1st Qtr 2014 rns? This SP spikes and looks like is got momentum then dies. If theres no news it kills SP confidence...
Western Basin is an AMD disaster area, says Mintails Posted on 15 April 2014. Tags: Acid Mine Drainage, decant, environmental, Jan Jacobs, mintails, void, water treatment, West Rand, Western Basin, Winze shaft Acid mine drainage on the West Rand in Johannesburg. Related Posts ◾Rehabilitating smarter, not harder ◾AMD could be used for fracking ◾Wastewater treatment technology of the future The Western Basin should be declared a national disaster area due to acid mine drainage (AMD), according to Mintails. AMD flows have breached environmentally critical levels, the company states in a briefing document on its closure mining strategy. Mintails recently hosted a site visit to the Winze shaft area on the West Rand in order to demonstrate the extent of the uncontrolled decant of what is essentially diluted sulphuric acid from abandoned underground workings. Decant The water in the void decants to the surface in the form of highly toxic AMD, which is characterised by a low pH, together with a high concentration of dissolved heavy metals. The decant from the Winze shaft area flows into the Tweeloopies Spruit, which eventually emerges in the area of the Sterkfontein Caves, with a potential impact on the Cradle of Mankind heritage-site area. From there it ends up in the Limpopo river, says Mintails GM: operations Jan Jacobs. Heavy rains Despite the Department of Water Affairs dramatically ramping up the High Density Sludge (HDS) treatment plant at Rand Uranium, the heavy rains has meant it has barely coped with the void recharge rate of 27 Ml a day. “After the latest rainy season, we are back to square one,†says Jacobs. However, Mintails is “in advanced discussions†with the Department of Water Affairs about a proprietary treatment process.
AMD, heavy floods, all coming to fruition as I mentioned numerous times, no doubt casual47 aka Johan will post something contrary what is in print/news.
Re full disclosure to average down from 115p new price to an average price of 11p,you certainly did well
Latest from the Community...
Latest from the Community...
Latest from the Community...