Melior Resources (ehm. Coalcorp Mining) meldet sich als zukünftiger Ilmenite Produzent zurück - 500 Beiträge pro Seite

[donnerpower]

May 15, 2014, 12:57 p.m. EDT

Melior Resources Inc.: Closing of the Belridge Acquisition and Appointment of Chief Executive Officer







TORONTO, ONTARIO, May 15, 2014 (Marketwired via COMTEX) -- Further to the announcement of 31 March 2014, Melior Resources Inc. CA:MLR 0.00% ("Melior" or the "Corporation") is pleased to announce that, following the receipt of final approval from the TSX Venture Exchange, it has completed its acquisition of 100% of the issued and outstanding shares of Belridge Enterprises Pty Ltd ("Belridge"), owner of the Goondicum ilmenite project.

Additionally, as previously announced, effective today, Dr. Charles Entrekin has stepped down as Chief Executive Officer of Melior and will be replaced by Mr. Mark McCauley. Dr. Entrekin will continue in his role as Chairman of the board. Mr. McCauley will also join the Melior board as an executive director.

Dr. Charles Entrekin, Chairman of Melior, commented, "We are very pleased to have closed the transaction to acquire the Goondicum project and excited at the opportunities that bringing the operation back into production will yield. Furthermore, we are delighted to welcome Mark to the role of CEO of Melior and we look forward to Mark's leadership in realizing the full potential of the Goondicum project."

Belridge is an Australian-incorporated company which owns the Goondicum ilmenite project located in Queensland, Australia. The acquisition constituted a "Change of Business" transaction of the Corporation in accordance with Policy 5.2 of the Exchange. Concurrent with closing of the Acquisition, the Corporation was re-classified from a Tier 1 Investment Issuer to a Tier 1 Mining Issuer on the Exchange.

Melior today issued 38,087,971 common shares to the shareholders of Belridge as consideration for the acquisition. Up to an additional 38,087,971 common shares may become issuable to the Belridge shareholders as earn-out consideration if certain conditions are met as described in Melior's press release of March 31, 2014. The Corporation has filed on SEDAR a Filing Statement in respect of the acquisition along with a National Instrument 43-101 compliant Technical Report relating to the Goondicum Project. These documents are available under the Corporation's profile at www.sedar.com and contain further details about the acquisition and the Goondicum Project.

About Mark McCauley

Mr. McCauley was formerly Managing Director of Belridge Enterprises Pty Ltd, the former owner of the Goondicum Project. Mr. McCauley has substantial mining experience and has been involved in the development of several major mining projects in Australia and Argentina, including turnaround and organizational restructuring. Mr. McCauley was a Non-Executive Director and Chair of the Audit Committee for Norton Goldfields Limited from September 2007 until June 2010 during which time he was also Managing Director for a nine month period of restructuring. Mr. McCauley served as Chief Financial Officer and Company Secretary of Felix Resources Ltd, an ASX listed coal mining company, from October 2003 to February 2007 during which time it went from a market cap of $35 million to a market cap of over $1 billion.

Mr. McCauley has previously been a director of several AIM and ASX listed mining and exploration companies. Mr. McCauley completed an Advanced Management Programme at Harvard Business School in 2003, holds an MBA from Bond University in Australia (with Majors in Finance and Accounting) and has a Bachelor of Engineering from the University of Queensland.

About the Corporation

Melior Resources Inc. CA:MLR 0.00% ("Melior"), is the owner and operator of the Goondicum mine, a past-producing ilmenite and apatite mine strategically located in Queensland Australia. Melior is committed to restarting and expanding the Goondicum operations. Further details on Melior and the Goondicum project can be found at www.meliorresources.com and regulatory filings are available on SEDAR.

http://www.marketwatch.com/story/melior-resources-inc-closin…

[donnerpower]

Antwort auf Beitrag Nr.: 46.991.100 von donnerpower am 15.05.14 19:58:47

Alle Details zur Übernahme:



Melior Resources Inc. announces proposed acquisition of 100% of Belridge Enterprises Pty Ltd and change of business


TORONTO, March 31, 2014 /CNW/ - Melior Resources Inc. (TSXV: "MLR") ("Melior" or the "Corporation"), a Tier 1 Investment Issuer listed on the TSX Venture Exchange ("Exchange"), is pleased to announce that it has entered into a share sale and purchase agreement dated as of March 31, 2014 (the "Share Purchase Agreement") with respect to the acquisition (the "Proposed Transaction") of 100% of the issued and outstanding shares of Belridge Enterprises Pty Ltd ("Belridge"). Belridge is an Australian incorporated company which owns the Goondicum Ilmenite Project (the "Goondicum Project") located in Queensland, Australia. The Proposed Transaction will constitute a "Change of Business" transaction of the Corporation in accordance with Policy 5.2 of the Exchange.

A presentation detailing the Proposed Transaction can be found on Melior's website at http://www.meliorresources.com/

Highlights

Transaction
• 100% all-share acquisition of Belridge


• Melior to issue 38.1 million shares at closing representing 18.0% of the Corporation on a pro-forma basis


• Residual earn-out payment of up to an additional 38.1 million shares due on achievement of certain predetermined share price levels significantly in excess of Melior's current share price


• Melior to invest up to US$15 million in the re-start of the operation

Goondicum Project
• High-quality ilmenite and apatite (phosphate rock) project, well-positioned to leverage growing demand for titanium dioxide, as well as benefit from increasing agricultural demand for fertilizers


• Resource base of 1.9 million tonnes of indicated and 1.93 million tonnes of inferred in-situ ilmenite resources with significant opportunities to grow the resource base further through near-mine exploration


• Formerly operating project, currently on care and maintenance, expected to allow for quick and cost-effective re-start


• In excess of A$120 million of historical invested capital previously spent on infrastructure and process plant equipment


• Project is strategically located in Australia, close to high-growth Asian markets


• High-quality ilmenite product well understood and accepted by customers, with over 61,000 tonnes having been previously supplied to customers


• Project provides Melior a unique and relatively low-risk opportunity to become a mid-sized producer of quality ilmenite


• Successful re-start of Goondicum will provide a strong platform allowing consideration of further growth opportunities

Board
• Melior Board of Directors ("Board") reconstituted to provide significant operational and commodity-specific experience to support Melior in its development of the Goondicum project


• Mark McCauley, the Managing Director of Belridge, will assume the role of CEO of Melior upon closing of the Proposed Transaction


• Overall Board compensation has been reviewed and revised downward by over 30%

Commenting on the transaction and new Board, Charles Entrekin, Chairman said:
We are delighted to have reached an agreement with the Belridge shareholders to acquire this high-quality and near-production project. This project, when back in production, will provide Melior with a solid platform for further growth. I welcome Joe, Glenn, Martyn and Mark to the Board, and believe their combined expertise will be invaluable as we move towards the re-start of the Goondicum operation ."

Overview of the Goondicum Project

The Goondicum Project is a brownfield ilmenite project located in Central Queensland, Australia, 30 km due east of the township of Monto. The project, currently on care and maintenance, benefits from significant historical investment of over A$120 million on infrastructure and processing equipment, expected to allow for a cost-efficient re-start of the operations (The A$120 million historical investment is based on information with respect to the book value of its assets and historical transactions provided by Belridge, and has not been audited). Further, the Goondicum ore body is well understood due to a history of exploration and resource evaluation activities.

The Goondicum Project is located within the Goondicum crater, a topographic feature roughly circular and 6 km in diameter containing significant ilmenite, apatite (phosphate rock), titano-magnetite and feldspar mineralization. The project comprises a mining lease (ML80044) which covers approximately 20 percent of the Goondicum Crater and exploration leases covering the remainder of the crater, providing significant opportunity for resource and mine life extension.

Current mineral resources for the project, reported at a cut-off grade of 2.5% available ilmenite, are estimated at 31.3 million tonnes of Indicated Resource and 30.9 million tonnes of Inferred Resource providing 1.90 and 1.93 million tonnes respectively of in-situ ilmenite.

Table 1: Resource Estimates for the Goondicum Ilmenite Deposit



Category Tonnes
(Mt) Available
Ilmenite (%) Available
Ilmenite (Mt) Recoverable
Ilmenite (%) Recoverable
Ilmenite (Mt) Slimes
(%)
Indicated
31.3 6.1 1.90 4.9 1.52 22.9
Inferred 30.9 6.3 1.93 5.0 1.55 24.3



(1) Mineral resources which are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, socio-political, marketing, or other relevant issues.

(2) The quantity and grade of reported inferred mineral resources in this estimation are uncertain in nature and there has been insufficient exploration to define these inferred mineral resources as an indicated or measured mineral resource and it is uncertain if further exploration will result in upgrading them to an indicated or measured mineral resource category.

Mineralisation is planned to be mined via basic open-pit excavations using scrapers, excavators and trucks. The mineralisation is present from surface and there is no requirement for any overburden removal or for blasting or ripping of the resource.

The mineralisation will be trucked to a centrally located process plant for extraction of ilmenite and apatite. As part of the project re-start, it is envisaged the process plant will be upgraded from a nominal capacity of 1.8 million tonnes of mineral feed per annum to approximately 2.8 million tonnes per annum, lowering the operating cost structure significantly. Management believes that there is scope to further increase this level through a relatively low-cost upgrade of key processing equipment once the plant is back in operation.

The process plant employs conventional mineral sands upgrading processes including scrubbers, screens, cyclones, wet magnets and gravity spirals. Magnetic separation is then used to separate ilmenite from other by-product materials.

The ilmenite product was previously hauled 260km from the mine site to the port of Gladstone where it was shipped around the world to various customers. There is potential to reduce this haulage distance from 260km down to 160km with the construction of a new 22km mine access road, lowering off site logistics costs significantly. Further evaluation of this cost-saving opportunity will be conducted during the mine re-start process.

The project has historically sold over 61,000 tonnes of ilmenite product to pigment customers and management believes the product's performance is well understood and accepted in the market.

A National Instrument 43-101 compliant technical report has been prepared and will be filed by Melior on the System for Electronic Document Analysis and Retrieval ("SEDAR") within the next 45 days.

Overview of Ilmenite and Titanium Dioxide (TiO2)

Ilmenite is a titanium dioxide mineral which is used primarily in the production of pigments for paints, coatings, plastics, inks and other products. TiO2 feedstocks are used in the pigment production process due to its ability to impart brightness, opacity, strength and durability to the pigment. Management believes that TiO2 feedstocks face limited risk from substitution as there are few viable feedstock alternatives which produce pigment of equivalent quality.

The Proposed Transaction

The Share Purchase Agreement provides that Melior Australia Pty Ltd. (the "Purchaser"), a direct subsidiary of Melior, will acquire 100% of the issued share capital of Belridge in exchange for the issuance by Melior of 38,087,971 common shares of Melior (the "Consideration Shares") to Belmont Park - Monto Pty Ltd (48.68%), Panorama Ridge - Monto Pty Ltd (48.68%) and Sashimi Investments Pty Ltd (2.62%) (the "Belridge Shareholders"), in each case in their capacity as trustees. Each Belridge Shareholder is a company formed in Australia. The Consideration Shares would represent 18.0% of Melior's issued and outstanding shares immediately after closing of the Proposed Transaction. Closing of the Proposed Transaction is subject to Exchange approval and other customary conditions. Melior expects closing to occur within the next 4 to 6 weeks.

Melior would commit to invest up to US$15 million in the Goondicum Project, subject to the satisfaction of all applicable legal and regulatory requirements and fulfillment of all permitting, approval and licensing requirements necessary to successfully achieve a full re-start of the Goondicum Project. Melior's board of directors would direct and have ultimate approval over the total amount invested and the drawdowns and conditions for the expenditure of these funds.

Following Closing, the Belridge Shareholders would be entitled to receive an earn-out payment, payable in Melior common shares (or, at Melior's election, in cash) based on the performance of Melior by reference to its share price ("Earn-out Consideration"). The parties have agreed to predetermined earn-out payment amounts should Melior's share price reach predetermined levels with such predetermined levels being well in excess of the market price of Melior's common shares as of the effective date of the Share Purchase Agreement. The maximum number of Melior common shares that could be issued as payment for the Earn-out Consideration is 38,087,971. The Earn-out Consideration will be available for a period of four years from the date of Closing ("Validity Period").
• Change of control during the Validity Period: If a change of control event (as defined below) occurs during the Validity Period and the price at which the Melior common shares are trading exceeds specified levels above the current market price, the Belridge Shareholders would have a right to receive the Earn-out Consideration on a pro-rata basis.
• No change of control during the Validity Period: In the event that no change of control event occurs during the Validity Period, the Belridge Shareholders would, at the end of the Validity Period, be entitled to receive the Earn-out Consideration, on a pro-rata basis, if the trading price of the Melior common shares exceeds specified levels above the current market price.

A change of control event is defined as any party or parties acting in concert, other than Pala Investments Limited (Melior's current majority shareholder, "Pala Investments"), acquiring more than 50.0% of the fully diluted common shares of Melior. The payment of the Earn-out Consideration would be subject to the satisfaction of customary eligibility and performance conditions including the continuation of operations of the Goondicum Project and the Belridge Shareholders continuing to hold all the Consideration Shares. For example, assuming that no change of control occurs during the Validity Period, the Earn-out Consideration payable at the end of the Validity period will range from zero (if the Melior share price is less than C$0.41 per share) to 38.1 million shares if the Melior share price exceeds C$1.11 per share.

The Consideration Shares will be placed in escrow for a period beginning on the date on which Closing occurs (the "Closing Date") and ending two years after the Closing Date. Should Melior have a successful claim against the Belridge Shareholders during the escrow period, such claim may be satisfied by cash or by a return of the Consideration Shares with equivalent value to such claim. Consideration Shares returned to Melior are to be valued based on the price of Melior common shares on the Closing Date.

Following Closing, the Belridge Shareholders will be entitled to nominate one director to the board of directors of Melior for so long as they together hold at least 10.0% of Melior's issued and outstanding common shares.

Upon completion of the Proposed Transaction, it is expected that the Corporation's listing status will change from that of a Tier 1 Investment Issuer to a Tier 1 Mining Issuer.

A finder's fee of A$250,000 is payable by Melior to a third party on closing of the transaction.

As the Proposed Transaction is a "Change of Business" transaction, pursuant to Exchange Policy 5.2 Melior shareholder approval is required. Melior's majority shareholder, Pala Investments, has provided written consent approving the Proposed Transaction which constitutes the requisite shareholder approval. The Proposed Transaction will be at arm's length, and accordingly, will not require shareholder approval beyond that described above.

A Filing Statement in respect of the Proposed Transaction will be prepared and filed in accordance with Policy 5.2 of the Exchange on SEDAR at www.sedar.com prior to the closing of the Proposed Transaction. A press release will be issued once the Filing Statement has been filed as required pursuant to Exchange policies.

Sponsorship

The Exchange has conditionally waived the sponsorship requirements of Exchange Policy 5.2. The Corporation expects that a final waiver of the sponsorship requirement will be obtained prior to closing.

Loan Arrangement

Pursuant to a loan agreement, Melior has agreed to provide Belridge with short term financing in an aggregate amount of up to C$500,000 for ongoing operational costs. It is intended that any amounts outstanding after Closing will be refinanced in a tax efficient manner for Melior.

Board of Directors

In recognition of the expected transition of Melior from a Tier 1 Investment Issuer to a Tier 1 Mining Issuer, the Board has been reconstituted with operationally experienced executives who can support and guide the Corporation in its next phase of growth as a mining company.

The Corporation would like to thank departing directors Remo Mancini, Muneeb Yusuf and Evgenij Iorich for their stewardship of the Corporation as an Investment Issuer and for their successful identification of both Asian Mineral Resources and the Goondicum Project investment opportunities.

Commenting on the transaction, Remo Mancini said:

"On behalf of Muneeb Yusuf, Evgenij Iorich and myself, I would like to say how pleased we are with the Belridge acquisition. The Board's mission of transforming Melior from an investment company into a soon to be full-fledged significant operating entity has been successfully achieved and positions Melior well to drive growth in shareholder value"

Melior welcomes Glenn Black, Joe Connolly and Martyn Buttenshaw who have now joined the Board as new directors. It is expected that Mark McCauley will join the Board as a director and become Chief Executive Officer of Melior upon closing of the Proposed Transaction.

The following are brief descriptions of the directors and officers that will, collectively, bear stewardship and management of the Corporation going forward.

Dr. Charles Entrekin -Director, current Chief Executive Officer, and Chair of the Board of Directors

Dr. Entrekin has over thirty five years of experience in the mining and metals sector and possesses significant public company experience at the executive officer level. He has served as President and Chief Operating Officer of Titanium Metals Corporation, a NYSE listed producer of primary titanium and its alloys, as well as President and Chief Executive Officer of Timminco Ltd., a TSX listed magnesium, silicon and aluminum company. Through his career Dr. Entrekin has led and implemented successful restructurings and turnarounds of mining and metals companies in North America and worldwide. Dr. Entrekin holds a B.Sc. from Lehigh University, an MBA from the University of Delaware and an M.Sc. and Ph.D. from Drexel University. Dr. Entrekin is also a director of Sierra Rutile Ltd. a company listed on AIM

Glenn Black -Director

Mr. Black is a professional mechanical engineer with over thirty six years of experience in senior management and operational roles. A significant portion of his experience has been with De Beers and Anglo American, focusing on project implementation, management, and operation for a variety of major projects globally. Mr. Black is currently Chief Operating Officer of Peninsula Energy, an Australian-listed uranium producer with assets in Wyoming, USA and Karoo, South Africa and Firestone Diamonds an AIM-listed diamond producer with operations in Lesotho and Botswana.

Mr. Black graduated from New College, Durham, England and received a T4 Certificate of Mechanical Engineering, the Association of Mining Electrical & Mechanical Honors Certificate and the Mechanical Engineers Certificate from the National Coal Board. Mr. Black also received the Government Certificate of Competency (Mechanical) in 1987 in South Africa. Mr Black completed the Executive Development Program at the Gordon Institute of Business Science in 2004.

Martyn Buttenshaw -Director

Mr. Buttenshaw is currently Senior Manager with Pala Investments Limited. Mr Buttenshaw has over twelve years of direct mining experience and is a former Senior Mining Engineer at Rio Tinto Mineral's borax operations, overseeing all aspects of mine planning at its US and international mining operations. Mr. Buttenshaw is currently a director of Sierra Rutile Ltd and has extensive experience advising Sierra Rutile (a UK listed rutile and ilmenite producer) on strategic mine planning, business improvement and project feasibility studies. Mr. Buttenshaw holds an MBA (with distinction) from the London Business School and a MEng (First Class) in Mining Engineering from the Royal School of Mines, Imperial College, and London.

Joe Connolly -Director

Mr. Connolly is a Chartered Accountant and experienced finance professional with deep experience in the natural resource sector. Mr. Connolly was formerly the Chief Financial Officer of Sierra Rutile Limited (a UK-listed rutile and ilmenite producer), responsible for strategic business planning, financial reporting, budgeting and compliance. Mr. Connolly is currently co-founder and CEO of Buckthorn Partners Limited, a financial service advisory business, regulated by the UK Financial Conduct Authority. Prior to his role with Sierra Rutile, Mr. Connolly held roles with Clipper Windpower, Morgan Stanley and Deloitte. Mr. Connolly is a Chartered Accountant and graduated from the University of Cambridge with an MA in Natural Science.

Thomas Masney -Chief Financial Officer and Corporate Secretary

Mr. Masney is an experienced finance professional and is currently the Chief Financial Officer of Melior. Prior to joining Melior in 2012 Mr. Masney was the Chief Financial Officer of Astar Minerals PLC (formerly Pan Pacific Aggregates PLC) which is listed on the London Stock Exchange - AIM. Mr Masney has been a Chartered Accountant since 1980 and has experience in Canada, the UK and Hong Kong Mr Masney graduated from McMaster University in Hamilton, Ontario, with a Bachelor of Commerce.

On closing of the Transaction it is proposed that Dr. Charles Entrekin will step-down from the role of Chief Executive Officer of Melior and that Mark McCauley will assume the role of Chief Executive Officer. Dr. Charles Entrekin will remain as a Director and Chairman of the Board of the Corporation.

Mark McCauley - Proposed Director and Proposed Chief Executive Officer

Mr. McCauley is currently Managing Director of Belridge Enterprises Pty Ltd, which has been the owner of the Goondicum Project since 2009. Mr. McCauley has substantial mining experience and has been involved in the development of several major mining projects in Australia and Argentina, including turnaround and organizational restructuring. Mr. McCauley was a Non-Executive Director and Chair of the Audit Committee for Norton Goldfields Limited from September 2007 until June 2010 during which time he was also Managing Director for a nine month period of restructuring. Mr. McCauley served as Chief Financial Officer and Company Secretary of Felix Resources Ltd, an ASX listed coal mining company, from October 2003 to February 2007 during which time it went from a market cap of $35 million to a market cap of over $1 billion.

Mr. McCauley has previously been a director of several AIM and ASX listed mining and exploration companies. Mr. McCauley completed an Advanced Management Programme at Harvard Business School in 2003, holds an MBA from Bond University in Australia (with Majors in Finance and Accounting) and has a Bachelor of Engineering from the University of Queensland.

Board Compensation

The per annum compensation of the Board has been reduced to the following basic fees:
• Chairman: US$40,000


• Directors: US$20,000

In addition to the basic fees there will be additional Board committee fees of US$5,000 for the Chairman of each committee and US$3,000 for each member of a committee. Total Board compensation, including an expansion of the Board to include one additional director, is expected to be approximately US$150,000 per year, a 33% reduction on 2013 fees. These fees will be reviewed from time-to-time by the Nomination and Corporate Governance Committee.

Further, a long-term incentive programme will be implemented with the Board and senior management at an appropriate point.

Read more at http://www.stockhouse.com/news/press-releases/2014/03/31/mel…

[donnerpower]

Antwort auf Beitrag Nr.: 46.991.100 von donnerpower am 15.05.14 19:58:47

Kompletter Investor Bericht über die Mine :


Goondicum Project

Belridge Enterprises Investors Presentation



http://www.meliorresources.com/uploads/documents/Melior%20In…

[donnerpower]

Die Übernahme war nun absehbar nach der letzten News:

Melior Resources Inc. Successful Buy-Out of Goondicum Royalty and Increase of Belridge Loan Facility

TORONTO, ONTARIO--(Marketwired - May 5, 2014) - Melior Resources Inc. (TSX VENTURE:MLR) ("Melior" or the "Corporation"), is pleased to announce that Belridge Enterprises Pty Ltd ("Belridge") has today entered into an agreement to repurchase a 1.0125% royalty from Goody Investments Pty Ltd ("Goody") on the gross income from all ilmenite and apatite sold from the Goondicum project. Goody will maintain a royalty interest over other minerals on the property. Belridge will pay Goody A$600,000 for the royalty interest.

The purchase of the royalty by Belridge will be funded through the extension of the existing short term financing facility between Melior and Belridge. The loan has been increased by a further C$900,000, to a total of C$1,400,000, to include the payment of the royalty and to fund ongoing operational costs though to closing of acquisition of Belridge, as detailed in a press release of 31 March 2014 (the "Potential Transaction").

Charles Entrekin, Chairman and CEO of Melior commented "We are very pleased with the purchase of the royalty interest in the Goondicum project which is an important milestone in lowering the overall cost structure of the business.

We have made significant progress towards the closing of the Potential Transaction and look forward to being able to start the redevelopment of the Goondicum operation in the near future."


http://online.wsj.com/article/PR-CO-20140505-904585.html#

[donnerpower]

http://de.advfn.com/p.php?pid=staticchart&s=TX%5EMLR&p=0&t=2…




Jetzt wissen wir auch warum hier statt News die ganzen letzten 3-5Jahre fast jede einzelne Aktie am Markt aufgekauft wurde.

Sogar schriftliche Angebote von Pala Investments an die Aktionäre für 0,11$ gab es hier.

[paultimo]

Hallo Donni,

und was bedeutet das alles jetzt für die AKTIE?

Kommt da jetzt der Weg nach oben?

Gruß Paultimo

[Embudu1]

Antwort auf Beitrag Nr.: 46.991.874 von paultimo am 15.05.14 22:01:07

Das bedeutet, dass wir alle noch ein wenig Geduld haben sollten (auf 1 oder 2 Jahre mehr kommt es jetzt auch nicht mehr an). Anschließend, also nach dem Verkauf zu einem Wahnsinnskurs, wird sich unser Leben verändern und alle unsere Wünsche gehen in Erfüllung. In meinem Fall ein neuer kleiner BMW, bei PIBO wahrscheinlich ein neuer Porsche und Donnerpower wird sich vielleicht direkt einen nagelneuen Hubschrauber zulegen. Das bedeutet die aktuelle Entwicklung fuer unsere Aktie.

[buscadero]

Antwort auf Beitrag Nr.: 46.999.016 von Embudu1 am 16.05.14 20:31:52

http://translate.google.co.th/translate?hl=de&sl=en&u=http:/…

,,,nun, dann hoffen wir mal, dass diese Mine irgendwann profitabel sein wird, ist momentan ja wohl
nicht der Fall.

[Fanboy]

Natürlich ist die Mine momentan nicht profitabel, sie ist ja nicht in Betrieb

Der Grund für die Wiederstillegung 2013 war der niedrige Ilmenit Preis der hat sich seither aber verdoppelt

Wenn der Ilmenit Preis nicht wieder fällt seh ich $$$ für die nächsten Jahre

[adama2000]

Heute vor genau 5 Jahren habe ich Melior bzw. Coalcorp Aktien gekauft und bin damit immer noch nicht im Plus. Tolle Performance!

Bin gespannt wie es jetzt weitergeht, hoffe sie gehen das Projekt so rasch an wie vorgesehen.
Filing Statement – Change of Business – Belridge Acquisition
355 Seiten zum schmökern:
http://www.meliorresources.com/uploads/documents/otherfiling…

[buscadero]

Antwort auf Beitrag Nr.: 47.003.982 von adama2000 am 18.05.14 17:08:58

Jep, aber hoffen tun nur die Glaeubigen, die Unglaeubigen haben das Wissen: vom Regen in die
T R A U F E .

[PIBO]

Zitat von buscadero: Jep, aber hoffen tun nur die Glaeubigen, die Unglaeubigen haben das Wissen: vom Regen in die
T R A U F E .

Moin @ all!

Hallo Mr. Basher & Goodbye (=igno)

Greetz

PIBO

[Embudu1]

Antwort auf Beitrag Nr.: 47.005.120 von buscadero am 19.05.14 01:54:37

Als man vor einigen Jahren ohne Mine dastand, war Coalcorp tot. Als einige Jahre später wochenlang ein Handel bzw. Verkauf der Aktie nicht mehr möglich war, habe ich mein Invest endgültig abgeschrieben. Kurz danach ging es ohne Vorliegen einer nachvollziehbaren Strategie weiter. Gegenwärtige Situation: Man will uns unsere Aktien für wenig Geld wegnehmen und es gibt eine Strategie und Dinge werden vorangetrieben.
Die Umschreibung "Vom Regen in die Traufe." macht daher wenig Sinn, oder ?

[PIBO]

Zitat von Embudu1: Als man vor einigen Jahren ohne Mine dastand, war Coalcorp tot. Als einige Jahre später wochenlang ein Handel bzw. Verkauf der Aktie nicht mehr möglich war, habe ich mein Invest endgültig abgeschrieben. Kurz danach ging es ohne Vorliegen einer nachvollziehbaren Strategie weiter. Gegenwärtige Situation: Man will uns unsere Aktien für wenig Geld wegnehmen und es gibt eine Strategie und Dinge werden vorangetrieben.
Die Umschreibung "Vom Regen in die Traufe." macht daher wenig Sinn, oder ?

Lieber Kollege Embudu,

verschwende bitte nicht deine Zeit mit Antworten auf offensichtliche Provokationen hier im Thread!

In den Benutzereinstellungen kannst du Kommentare von Leuten ignorieren und diese werden dann auch nicht mehr angezeigt.

Wunderst du dich etwa nicht, dass man von manchen Leuten nun monatelang nichts gehört oder gelesen hat und jetzt, wo wir endlich ein Ziel vor Augen haben, genau diese Leutz auftauchen und uns unser Investment madig machen?!

Im ASN-Thread habe ich dieses Phönomen bereits registriert und kommentiert.

Für mich gibt es in diesen Fällen nur eine Maßnahme: IGNO!

Greetz & Good Luck

PIBO

[ostseekuddel]

Moinsen.
Vielen Dank für Eure unermüdliche Arbeit uns hier, bzw den Rest hier auf dem Laufenden zuhalten (Donni, Pibo etc.) Aber sagt mal, wo finde ich aktuelle Rohstoffpreise? Ich meine für Ilmenit.

[Fanboy]

Einen aktuellen Tagespreis hab ich auch nicht das beste das ich gefunden hab sind die Verkaufspreise im Q-Bericht von Iluka Resources

[donnerpower]

Antwort auf Beitrag Nr.: 47.009.148 von ostseekuddel am 19.05.14 17:18:08

Richtigen Tageschart gibt es glaube nicht

[donnerpower]

Antwort auf Beitrag Nr.: 47.009.148 von ostseekuddel am 19.05.14 17:18:08

http://www.infomine.com/investment/metal-prices/phosphate-ro…

[donnerpower]

Antwort auf Beitrag Nr.: 47.010.000 von donnerpower am 19.05.14 19:59:21

Aussichten scheinen ja ganz gut zu sein oder warum kaufen jetzt alle bei Sierra Rutile nach bzw ziehen die Optionen ?
Einige Personen sitzen wie bekannt bei Melior Vorstand



Sierra Leone News: John Sisay, Alex Kamara increase share in Sierra Rutile


Director of SRL Alex Kamara CEO John SisayTwo Sierra Leonean share holders in Sierra Rutile Limited (SRL) have increased their shares in the mining company when the announcement was made few days ago.
The announcement from Sierra Rutile Limited stated that, following the end of its close period on 28 April 2014, it has issued new ordinary shares to directors pursuant to the exercise of share options granted under the terms of Sierra Rutile’s Share Option Plan. The share options, exercised on 2nd May 2014, were satisfied by the issue of new ordinary shares equal to the difference between the market value of an ordinary share and the exercise price of the share options without the directors being required to remit the exercise price. The number of new ordinary shares issued to directors who have exercised their share options is as follows:
Jan Castro who is the Chairman of SRL with a number of share option exercised was 375,000 and the number of new ordinary shares issued 252,049. Consequently, the shareholdings of him now are 2,579,299 numbers of ordinary shares with a percentage of issued share capital of 0.50%.
The Chief Executive Officer John Bonoh Sisay with a number of share option exercised was 4,630,000, and the number of new ordinary shares issued is 3,111,967, which is 0.60%.
Sierra Leonean Director of SRL Mr Alex Kamara too had 750,000 numbers of share options and the new ordinary shares issued are 504,098 giving him a percentage of 0.10% in the company.
Other Directors who increased their shares are Michael Brown from 250,000 to 453,032, a percentage of 0.09%. Mr Charles Entrekin who had 1,000,000 share options exercised was issued 672,131 new ordinary shares. His number of ordinary share increase to 730,972 with a 0.14%.
Martin Buttenshaw with 125,000 number of share options had 99,385 new ordinary shares issued. His number of ordinary shares is now 177,452 which is 0.03%.
Under the Directors Share Ownership Policy adopted by the Sierra Rutile’s Board in 2013, Directors are expected to build up and hold shares in Sierra Rutile, including by retaining shares acquired pursuant to share incentive awards. The acquisition of shares by Directors pursuant to the exercise of share options is intended to align them with the interests of shareholders. Under the policy, directors may sell shares as is necessary to pay for their tax liability arising from the exercise of share options.
A further 888,337 new ordinary shares have been issued pursuant to the exercise of share options by other share option holders. As at the date of this announcement, following the exercise of share options and share issuances, Sierra Rutile’s total issued share capital is 520,596,416 ordinary shares and the total outstanding vested and unvested share options are 17,495,833 share options.
Sierra Rutile produces titanium feedstock industrial minerals (primarily rutile, with some associated ilmenite), as well as smaller quantities of zircon. Sierra Rutile’s mine, located in the south west of Sierra Leone, is one of the largest natural rutile deposits in the world, with a JORC-Compliant Mineral Resource for measured, indicated and inferred resources for the Sierra Rutile mine of over 910 million tonnes (as at 30 September 2013).
Friday May 16, 2014

http://awoko.org/2014/05/16/sierra-leone-news-john-sisay-ale…

[donnerpower]

Schon komisch das über Jahre hinweg wo die Aussichten bei Melior bei Null lagen fast 90% der Shares eingesammelt wurden.
Sogar die Börsenaufsicht hatte sich diesbezüglich gemeldet und die Klein Aktionäre indirekt gewarnt ihre Aktien zu verkaufen.

Ok, das ist ja alles bekannt...der letzte Groschen sollte aber nach der aktuellen Übernahme nun gefallen sein.
Hier wurde kein Cent bezahlt... sondern die alten Besitzer wurde mit einem Aktien Paket von 38Mio Stück bezahlt, außerdem bekommen sie später bei einem möglichen Erfolg nochmal bis zu 38Mio Shares wenn der Kurs hier die 1,11$ erreicht.

Obendrein stellen die alten Besitzer nun sogar den CEO.

Was neue CEO von Melior drauf hat sollte bekannt sein

Er ist 2003 bei Felix Resources am Board gekommen wo MK bei unter 20Mio$ lag...was später passiert ist siehe die Nachricht unter dem Chart



Übernahme Felix Resources durch Yanzhou Coal abgeschlossen


EMFIS.COM - Sydney / Hongkong 06.01.2010 (www.emfis.com) Vor etwa einem Monat, wurden für die 100 prozentige Übernahme des australischen Kohleminenbetreibers Felix Resources durch den chinesischen Kohleminenbetreiber Yanzhou Coal Mining die letzten Lichter auf Grün geschalten. Heut knallen beim chinesischen Konzern die Sektkorken.
Das im vergangenen August unterbreitete Übernahmeangebot von Yanzhou Coal gegenüber der Felix Resources von 16,95 AUD pro Aktie, ist vollzogen.
Dem chinesischen Unternehmen bedeutete die Übernahme eine Ausgabe in Höhe von 3,5 Mrd. AUD

[PIBO]

Moin Donni & all!

Muss an dieser Stelle mal wieder ein besonderes Lob an dich loswerden!

Du bist einsame Spitze, was das Ausgraben von Informationen angeht!

Sollten wir tatsächlich hier auch einmal in Richtung 10 CAD laufen, würde ich mir das mit dem Porsche nochmal überlegen, ansonsten bleibt es beim SQ5!

Good Luck 2 us all!!

Greetz

PIBO

[donnerpower]

Ilmenite supply shortages lead to losses for Cochin Minerals
By Kasia Patel
Published: Friday, 09 May 2014

The Indian producer was forced to import ilmenite for its synthetic rutile production as the country’s ban on mineral sands beach mining begins to have a tangible effect on revenues, driving up raw material costs.

India-based Cochin Minerals and Rutile Ltd. reported a net loss of Indian Rupee (INR) 387.9m ($0.65m*) for the year ended 31 March 2014 compared with a profit of INR 4334.32m ($7.24m) the previous year as a shortage of ilmenite severely impacted the company’s revenue.


http://www.indmin.com/Article/3340181/Ilmenite-supply-shorta…

[hammerbuy]

:-) und ich dachte WO SIND SIE ALLE HIN ?? :-)

tach

[hammerbuy]

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aMLR-21779…


Melior Resources Inc
Symbol C : MLR
Shares Issued 211,468,945
Close 2014-05-14 C$ 0.135
Recent Sedar Documents
View Original Document


Melior Resources change of business

2014-05-16 17:01 ET - Major Transaction Completed



The TSX Venture Exchange has accepted for filing the company's change of business, which includes the acceptance of the share sale and purchase agreement dated March 31, 2014, between Melior Resources Inc., Melior Australia Pty. Ltd. (wholly owned subsidiary of the company), and Belmont Park-Monto Pty. Ltd., Panorama Ridge-Monto Pty. Ltd. and Sashimi Investments Pty. Ltd., with respect to the acquisition of 100 per cent of the issued and outstanding shares of Belridge Enterprises Pty. Ltd. Belridge is an Australian incorporated company which owns the Goondicum ilmenite project located in Queensland, Australia.

In consideration of the acquisition of 100 per cent of the issued and outstanding shares of Belridge, the company will issue to the vendors:

38,087,971 shares of the company at completion date;
Up to an additional 38,087,971 shares of the company as earn-out consideration if certain conditions are met in the future.


The company will pay to Element Capital Management Pty. Ltd., the sum of $250,000 (Australian) as a settlement sum in connection with the agreement (finder's fee) between Belridge and Element dated July 25, 2013.

The company is classified as an exploration and mining company.


Capitalization: Unlimited shares with no par value, of which 211,468,945 shares are issued and outstanding

Escrowed: 38,087,971 common shares

Escrow term: Two years

Symbol: MLR (unchanged)

[PIBO]

Gumo @ all!

Unser "Freund & Pressesprecher" TheRock07 hat im Stockhouse Board seine Berechnungen zur angenommenen Kursentwicklung gepostet und das lässt für die Zukunft einiges erhoffen!

RE:Updated Economics Using New Technical Report Data

Ive checked out nearly all of my parameters and production options.

As best as these can be verified, I feel this is my best working working model.

That is, 225,000 tons of ilmenite per year, with 90,000 tons of apatite.

Titan-mag will be sold, but only if markets prices are robust enough..

That is, mining costs of just under $150 Aussie per ton net of apatite sales.

So, at $200 US per ton net earnings would be about $12 US million per year, rising to about $22 million at $250US per ton and rising to about $35 million at LT price of $300 US per ton.

That is, net earnings of 5.5 cents per fd share at $200 US, doubling to about 11 cents per share at $250 ilmentite and rising to about 16 cents per fd share at $300 US per ton.

With no debt, a strong balance sheet and plenty of forward tax pools, MLR should be accorded a fair value at 7.5 times net earnings of $0.41 , $0.82 and $1.20 per fd share.

Production is planned to escalate to about 300,000 tons per year, once the plant and mine are fully operational.

This will make operations even more efficvient and permit a lower threshold under which to add Titanomag as a sales product.....

Read more at http://www.stockhouse.com/companies/bullboard/v.mlr/melior-r…

Sieht m. E, gut aus und wer weiss, vielleicht können wir nächstes Jahr um diese Zeit schon die Ernte einfahren.......

Good Luck 2 us all!

Greetz

PIBO

[blauesauge0711]

vielleicht dürfen die argebeutelten auch wieder hoffen..:-)ich göns jedem :-) sah ja auch lange zeit recht *würg* aus.. mal die nächsten monate abwarten.. man lernt mit jedem invest dazu :-)

[Sylt1204]

NEWS RELEASE
MELIOR ANNOUNCES FILING OF THIRD QUARTER FINANCIALS AND MD&A
TORONTO, May 27, 2014 – Melior Resources Inc. (“Melior” or the “Company”) (TSXV-MLR) announces that it has filed its financial statements and related management discussion and analysis for the three months and nine months ended March 31, 2014 (the “Financials”).
A copy of the Financials is available on the SEDAR website at www.sedar.com and the Company’s website at www.meliorresources.com.

[Alexander111]

Sylt
Das steht doch schon hier unter Aktuell !

[hammerbuy]

http://www.wallstreet-online.de/nachricht/7453124-melior-res…

[hammerbuy]

News ... link funkt.

http://www.wallstreet-online.de/nachricht/7453124-melior-res…

[hammerbuy]

Mineral testing start

Melior starts mineral testing at Goondicum

2015-04-07 08:35 ET - News Release



Mr. Mark McCauley reports

MELIOR RESOURCES INC.: MINERAL COMMISSIONING TO COMMENCE AT THE GOONDICUM ILMENITE MINE

Melior Resources Inc. has started mineral commissioning of the upgraded and expanded site processing facilities at the Goondicum mine.

Highlights:

## Mineral commissioning commenced on April 7, 2015, with ramp-up to target capacity of approximately 200,000 tonnes per annum continuing into the second half of 2015.
## Site components of the restart project completed on budget and ahead of schedule.


Project and operation

The total project has been completed on budget and ahead of the planned eight-month construction period. The total cost for the on-site upgrade and expansion of the process plant was $7.6-million (Australian) (budgeted expenditure $7.74-million (Australian)). The project consisted of an upgrade of the existing processing facilities to enhance product quality, increase plant recovery and availability, as well as expanding the processing capacity by approximately 50 per cent to 2.8 million tonnes per annum. Commissioning is expected to continue for up to six months before target production capacity of approximately 17,000 tonnes per month of ilmenite is expected to be achieved. The operation is quickly building up to its anticipated employment complement of 50 personnel, with around 30 additional personnel working with associated contractors.

Eastern access road

The new mine access road is approximately 25 per cent complete with approximately 4.8 kilometres of the total 19-kilometre length successfully built to date. When complete the road will reduce the haulage distance from the mine to Gladstone port by approximately 100 kilometres. The remainder of the road is currently undergoing final engineering design. Additionally, follow-up environmental documentation and survey work have been requested by the Australian Commonwealth Department of Environment to comply with permitting requirements. Melior is working through these requests; however, completion of the road cannot occur until this work has been completed to the department's satisfaction. For the foreseeable future, product will be hauled to the port through the existing access road, with the first 6,000-tonne ilmenite shipment bound for Japan scheduled for loading in the second half of May. The historically low oil prices significantly mitigate the impact of the use of the existing, longer haul road.

Product marketing

The global market for titanium feedstocks, including ilmenite, remains subdued. Over the last year there has been a significant volume of new supply enter the market through newly commissioned projects and this will likely take some time to be absorbed before any United States-dollar price improvement can be expected. However, the depreciating Australian dollar is partially offsetting this market softness for Australian producers. Melior will continue to monitor the market as the Goondicum operations moves through commissioning into production.

Melior has an exclusive marketing agreement with Sojitz Corp., a major Japanese trading company, for all of its ilmenite sales into Japan and Korea and is now finalizing an exclusive arrangement into China with Sojitz. In addition to this, Melior has letters of intent signed with Chinese pigment producers through Sojitz and it intends to advance these letters of intent to firm sales contracts over the next few months as ilmenite operation production builds up.

The terms of a 5,000-tonne trial cargo of phosphate rock are also in the process of being finalized with an offshore customer, with this shipment expected to occur during third-quarter 2015.

Chief executive officer Mark McCauley commented, "Melior is making the transition to a fully fledged producer and marketer of quality ilmenite and phosphate rock products, which should be reflected in a positive financial outcome for fiscal-year 2016."

We seek Safe Harbor.

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aMLR-22660…

[Alexander111]

Antwort auf Beitrag Nr.: 49.513.091 von hammerbuy am 07.04.15 23:15:49

Info

Nun steht es hier zum 3ten mal............
Eigentlich können doch hier alle lesen oder ?

[hammerbuy]

waslos?

was steht wo 3x du Komiker ?

lese liebe das hier.. neu HP von melior

http://www.meliorresources.com/

[Alexander111]

Antwort auf Beitrag Nr.: 49.528.907 von hammerbuy am 09.04.15 18:55:07

Info

Vielleicht solltest du dein Hut nicht soweit ins Gesicht ziehen, was du mit dem Link geschrieben hast war genau das Dritte mal
an diesem Tag geschrieben !
Selber wohl Komiker was ?
Wer Lesen kann ist klar im Vorteil alter Cowboy

[adama2000]

zwar nichts wirklich neues, aber halbwegs aktuell

Goondicum Ilmenite Mine, Central Queensland, Australia

http://www.mining-technology.com/projects/goondicum-ilmenite…

[adama2000]

nachdem sich sonst nichts tut

es gibt ein paar aktuelle Fotos auf der HP vom Produktionsstart

http://www.meliorresources.com/gallery

[adama2000]

Crime and Corruption Commission probes Goondicum Resources land-clearing approval

http://www.brisbanetimes.com.au/queensland/crime-and-corrupt…

A decision to allow a mining company to bulldoze a patch of bushland it had already flattened has been referred to Queensland's corruption watchdog.

The Department of Mines and Natural Resources has asked the Crime and Corruption Commission to investigate a retroactive land clearing approval given to Goondicum Resources by former Liberal National Party (LNP) government.

Natural Resources Minister Anthony Lynham says he was tipped-off about the decision by locals.

"The director-general of my department has since referred the matter to the Crime and Corruption Commission," he told AAP.

Goondicum Resources's parent company, Melior Resources, admits bulldozing the bush to lay a 900-metre road in central Queensland in November last year without approval.

"We are working with all departments to get a vegetation clearance in retrospect," Melior CEO Mark McCauley told ABC at the time.

"We can't hide from the fact we should have waited for approvals."

The LNP government later approved Goondicum Resources's land clearance retrospectively.

Local landowners claim one of the LNP's biggest donors, Ian McCauley, holds a financial stake in the mine.

His wife is former local member Di McCauley.

At the time of the approval local MP Jeff Seeney was deputy premier and minister for state development.

AAP

[Sylt1204]

Horror-Meldung!

Der Markt quittiert dies deutlich,!

Scheiße!

Der Ilmenite Preis ist auch im Keller!