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yes it is, much larger volume than we are used to seeing here lately
We are all awaiting news on financing or farm out together with drilling dates. No money = no drilling.
It's no use explaining things to you. You obviously have no idea how a business works. I won't bother replying to your posts anymore.
No they do not have the funds. Unless I see a PR on acquired financing or credit lines or whatever. This is all mere speculation and no facts.
why on earth would they announce a new property ? They don't have the funds to fully exploit the current ones. That would be foolish indeed and I don't see the logic in that...just rumours...
Don't forget the world's largest chemical company: BASF which has sites in Bavaria.
http://www.chemdelta-bavaria.de/en/chemical-region/companies/basf.html
And that from someone who isn't a native english speaker
The lack of news is what's bothering most of us. I've been waiting for years so just waiting a bit more doesn't matter.
1 year "wolfman" anniversary coming up ! Perhaps that's their new target date
"P.S. it does not help when people claim to know something every week and something doesn't happen."
You're quite right, there goes the credibility of some posters...
I can only imagine the financing part is taking longer then expected at Terra Nova.
That's true, I will consider the approved patents in the US and EU (when announced) as big news. But what will really make this stock fly is when the plant is online, a fuell cell vehicle is announced or other major developments in energy storage, sales, etc...
Those are the things that will attract new investors.
That's my take as well, seems it got delayed. Since this is the first plant of it's kind ever constructed then this actually shouldn't come of a surprise I guess...
Piloting and testing will take us into 2015:
2015
Commission pilot (January)
Begin pilot operation and demonstration (February)
Looking at their timetable from their factsheet things are really going to get interesting starting in december and throughout 2015. So I think 2015 will be the year of MVTG ! Gives me more time to accumulate...
MVTG Investor presentation has been updated:
http://mantraenergy.com/wp-content/uploads/Mantra-Investor-Presentation.pdf
It now contains a new section dedicated to energy storage so it looks like they will try to get a piece of that market with their MRFC.
Also from the presentation:
ERC upcoming milestones:
2014
Launch detailed engineering ?
Launch equipment procurement ?
Complete plant construction (December)
2015
Commission pilot (January)
Begin pilot operation and demonstration (February)
Begin early license adoption
MRFC upcoming milestones:
2014
Launch prototype development ?
Validation of new fuels (September)
Demonstrate vehicle prototype (December)
2015
Scale to 1 kW stack (March)
Demonstrate in industrial equipment (May)
Toyota is skipping electrical cars and goes from hybrid to fuell cell. They will release it in 2015:
http://www.toyota-global.com/innovation/environmental_technology/fuelcell_vehicle/
http://www.reuters.com/article/2014/04/17/us-autos-hydrogen-toyota-motor-insight-idUSBREA3F1UN20140417
That article sure created some volume. Hope we push through 0.50 again...
Weird day today - market is down but all my stocks are up
Great anecdote, thanks for sharing.
Any idea who or which companies/investors they were meeting in Dubai ?
Is Hong Kong the next stop for Larry and co ?
You should first do what your tagline says you do:
My opinion is based on extensive DD of fundamental & technical analysis of the company, its business plan and management
shareholders meeting is may 20th
would immediately sign for a 100x gain
There are never guarantees when investing in stocks. I once invested in a company that was going to exploit a huge silver mine in Bolivia. the property was nationalized by the Bolivian government and the company ended up with nothing...
MVTG is going forward nicely and this looks to be the year of their breakthrough.
I liked the mention of new patents: increases company value.
Also the mention of excercise price of $2.50 for warrants. That says that investors have confidence and alos huge potential for this stock.
8K is released:
Effective April 10, 2014, we entered into private placement agreements with 14 people. Pursuant to the agreements, we agreed to the issuance of an aggregate of 4,075,000 units at a purchase price of USD$0.20 per unit, for total proceeds of $815,000. Each unit consists of one common share and one whole common share purchase warrant. Each whole common share purchase warrant is exercisable into one share at a price of USD$0.37 per share for a period of the 60 months from the date of closing or five business days after our company’s common stock closes at a price at or above $2.50 per share for seven consecutive trading days on the FINRA Over-the-Counter Bulletin Board.
http://www.bloomberg.com/news/2014-04-30/ge-bids-17-billion-for-alstom-energy-as-talks-start.html
It looks like it will take another month before a decision will follow but it looks like GE is still the first choice.
A French - German coöperation is more likely since both countries have excellent relations and are the axis of the EU.
If Siemens equals the GE bid the the French government will push for a Siemens deal.
May is going to be interesting. On May 11th around 45 million Terra Nova warrants will expire. If they need the money then they will have to release news to get the share price up to the warrant price which is 0,30 cents.
May 20th is the Terra Nova annual shareholders meeting.
My thinking is that news will now follow soon...
who doesn't
sadly no extra funds available for the next few months to add some more
Will be interesting to see if there will be any news before may 11th, that day around 45million warrants expire for 0,30 cents. Current share price will never get that high without extra news.
BUILD IT THEY WILL COME
quote from "Field of Dreams", nice movie
Nautiflyer,
I'm in the same boat as you, came over here as well from KNDI with my profits.
If MVTG delivers in the second half of this year (pilot plant online and fuell cell vehicle) then I think a buyout somewhere next year is already possible.
Tchauncy, good post.
Been holding for years now but I wish they would move faster, It's been a long time since we had some real news from HENC or Terra Nova. Like most people here, I've invested into both companies.
Don't know if you're still into KNDI, I've sold all my KNDI when it went over 20$ after their earnings report. Invested all my profits in MVTG. It's in my opinion the next best thing after KNDI, a real game-changer. They can convert CO² into chemicals and use it as a source for their fuellcell. Have a look and let me know what you think of it.
I know you're a SPIN fan but I'm awaiting a turnaround before looking into it again.
Wish I had some extra funds to buy more on the dip today, whole market is down again.
I sold all my KNDI after their earnings report when it jumped over 20$, had a very good run with that stock since I bought below 4$. Put all my profits into MVTG so I'm betting heavily on it but I believe in it's potential. Would be very happy if it get's to 10$ but then again, if you see how the share price of PLUG does then this should be worth a lot more.
I'm out as well, I've been very patient, after 5 years I will take the loss and go for something with much more potential: MVTG - disruptive technology and already industry leaders as partners (Alstom/Lafarge). At least this company is going somewhere.
I'll keep an eye on SPIN if and when a turnaround is coming...we'll see. In the meantime this stock will keep on falling.
Gregg,
TAUG has bought interesting technology but their share structure is already massive.
Add to that an extra 100.000.000 shares after the acquisition of Pilus ? Add to that a large number of options and warrants still open...
I like the tech - don't like the rest
Ragi, Those 2 indeed look interesting, will do some more DD on them.
For those interested in an oil play: HENC is quite interesting (and for something more speculative their farm out partner Terra Nova Energy).
They should announce the drilling of new wells soon in a a very oil rich section of the Cooper basin in Australia.
Also long in MVTG.
Outstanding options, warrants and conversion feature of convertible notes as at December 13, 2013:
Security Number
Exercise
Price
($) Expiry date
Stock Options 400,000 0.30 June 10, 2014
Stock Options 500,000 0.30 November 30, 2014
Stock Options 600,000 0.30 May 16, 2015
Stock Options 1,400,000 0.18 July 18, 2018
Stock Options 900,000 0.30 May 16, 2022
Warrants 42,608,300 0.30 May 11, 2014
Warrants 3,408,664 0.25 May 11, 2014
Warrants 818,181 0.11 July 8, 2014
Warrants 3,500,000 0.30 October 31, 2014
Warrants 1,000,000 0.30 November 6, 2014
Warrants 1,550,000 0.30 November 26, 2014
Warrants 722,500 0.30 December 5, 2014
Conversion Feature of Convertible Notes 17,318,181 0.11 July 8, 2014
I wish they would get on with it, at this rate it will be almost a year after the last well.
We really need some positive news to come out. The stock only seems to be going down, the last PR doesn't help or makes it sound like the tide is turning. Only shorters are making money here, not stockholders...
I agree, this doesn't change anything for me fundamentally. It seems to be that things are shifting in a higher gear and more news is forthcoming.
I'm guessing this consulting firm is a one-man enterprise
Eco,
The Technology of course is the main attraction but also that major companies like Lafarge and Alstom (I'm from Europe so these are immediately known to me) are already seeing the potential here and are willing to invest into it. Exciting times here...
I've bought heavily into MVTG the last week and especially today. After reading Gantor's messages on the KNDI private board I started reading into the MVTG story and I must say it's the best thing to encounter after rolling into KNDI all those years ago. I'm now making this my primary investment = long on MVTG !