VYS 1.59% 32.0¢ vysarn limited

but wait.............there is even a lot more, page-14

  1. 5,851 Posts.
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    markvl and all others interested,

    I found the link to Geopower's website simply because I remembered Geopower having been mentioned by me and others.
    Geopower DOES NOT get mentioned in any MHM reports.

    I remember that early in 2010 I had received a brief from a sharebroker and this was posted by me on HotCopper on 16/02/2010 as follows:-

    ----------------------------------------------
    Macquarie Harbour Mining - speculative "green" investment

    I reiterate the value in small cap stock Macquarie Harbour Mining. Since first recommending this stock at 27c last November, they have met their promise of delivering a contract with Alcoa to treat waste from Alcoa's Geelong aluminium recycling plant. They took possession on 15 January, and are now making money ($250k per month til July, after which the upgraded plant will deliver $750k per month, equating to 11 cents per share). They have indicated 2 plants in the USA are likely, each 3x the capacity of the Geelong plant. In addition, there is mounting speculation that German company Wacker Chemie - the world's largest solar cell manufacturer employing 1,500 people - will build a silicon refinery in Tasmania. If successful - and an announcement is expected within days - Macquarie Harbour is front runner to supply the raw material, contributing a long term, reliable income source with minimal set up costs (it is a blast and crush exercise only, with customers collecting from the quarry). The third string to their bow is their Australian, Indonesian, Pacific and South African rights to a geothermal power process; they are likely to be floated in a month or two - GeoPower. MHM is currently trading at around 39c (options at 23c).

    --------------------------------------------------

    As "bendinoodle" mentioned on the thread at the time - Common directors different companies.....as follows:-

    Broker told me they are going to IPO Geopower in April. uses a technology that was developed in the USA to generate renewable energy from low temperature geothermal and waste heat recovery (smelters etc). also have some guy on the board who developed the industry in the USA (see Raser Technologies, listed on NY Stock Exchange). supposed to be some sort of priority issue to MHM shareholders too, sounds interesting to me
    ----------------------------------------------------

    So now those that didn't know anything about it, now know a little more.
    It appears that the IPO might be ready for the new year by the looks of the website etc.

    Patience to all MHM holders!!!

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