Watermark Global plc was initially, listed on AIM in February 2006 as Microfuze International plc (MFZ).

In February 2008, MFZ changed its name to Watermark Global PLC to reflect its focus on developing innovative environmental solutions in water management with a key focus on Acid Mine Drainage in South Africa. In addition, it has development core-competence in the field of project management, plant management and the development of water management strategies for companies with waste water problems.


The Company’s flagship project is the Acid Mine Drainage (AMD) project in South Africa. The company, through its wholly owned subsidiary, Western Utilities Corporation (Pty) ltd. (“WUC”) has procured a water treatment technology and commercialisation entity for application in a Government mandated AMD clean-up program in South Africa. This technology, which concluded its ”proof of concept” stage in October 2008, with completion of the Definitive Feasibility in November 2009, is purpose-specific processing of AMD and was developed in conjunction with the mines to meet legislated Government directive requirements. The water will be treated, transported and sold back into industry to reduce dependence on the expensive and limited potable water reserves. The immediate market for the treated water is assured through the direct participation of the implicated mining companies in the project, but only accounts for approximately a third of the AMD produced from the three basins. The additional water, which is not consumed by industry, will be converted into potable water which could be distributed to a bulk service provider, or used to augment stressed river systems.


The development of the AMD project has led to a number of opportunities, including the management of significant water treatment facilities, the development of waste water management strategies, as well as the project management of upgrade projects for mines participating in the AMD project and other industrial water users.

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Latest Statement:


28 September 2012

Watermark Global Plc


Interim Results for the six months Ended 30 June 2012

Watermark Global ( WET:LSE), the AIM-quoted company with Investments in acid mine drainage and coal briquetting in South Africa announces its interim results today.

Highlights:

Sale of subsidiary Western Utilities Corporation (Pty) Ltd (“WUCâ€) to Mine Restoration Investments Ltd. (“MRIâ€) for a total of £4.5m Re-categorised as an investment company on AIM.

MRI briquetting project making good progress with pilot plant about to commence and commercial scale start-up set for February 2013

Profit after tax to 30 June 2012 was £2,716,000 (2011 loss: £620,000), earnings per share of 0.17p (2011 loss: 0.076p per share)

Stated net asset value at 30 June 2012 was 0.33p per share

Results Summary:

Profit after tax for the six month period ended 30 June 2012 was £2,716,000 (2011: loss of £629,000), a profit of 0.17p per share (2011: loss of 0.076p per share). This profit is inclusive of the gain made in the sale of WUC to MRI of £2,751,000. The cash position of the Company at 30 June 2012 was approximately £796,000.

Full Statement:

http://www.watermarkglobalplc.com/documents/news/2012_09_28_interim_report.pdf

Get em while you can guys,they will be in revenues from the coal briquette project in a matter of weeks now and this is already trading at a whacking discount.DYOR

signs of a big buyer lurking here guys

minerales what do you make of the coal project?

I took a nice lump of these last week on the dip :-)

alex take a look at the MRI document as it has some very detailed costings on
the coal briquette project and the profit forecasts looks very good indeed.

(coal details are around half way down )

http://minerestoration.co.za/wp-content/uploads/2012/03/Capricorn-Circular-JSE-Approved-March2012.pdf

bob i came across a presentation on MRI posted on other forum today,things are
looking rather interesting here!


http://www.trinityam.co.za/trinityam/pdf/MRI_marketing_presentation_30072012_JS.pdf

alex36,super find on the presentation!

Some steady buys today and buy price rising

slowly slowly does it,as i said a few days ago this will be attracting some serious
investors soon when the story gets out.

minerales i thought that gave a super insight to the value here and at over a 100%
discount to its net asset value this has a significant re-rate coming.

Have also been in touch with MRI,s nomad who are sending me some additional
documents in next few days.

nice work alex,let us know if you get any more relevant info please

alex36 have been keeping an eye on this one and think it could well be a cracker
with their 40% stake in MRI.Who could well land some huge contracts in not too
distant future.

glen howarth,the AMD contracts are said to be multi - billion rand in value

Potentially significant development

http://m.miningweekly.com/article/amd-mitigation-project-declared-emergency-govt-waterworks-2012-10-16

hey alex,a few steady days now and the SA news bodes very well IMO

bob its bargain top up prices now with over a 100% discount to its NAV of 0.33p
per share !

alex36, i think their net asset value is even higher since that Rns due to increase
at MRI,more like 0.36p - dont know if this has been posted ?

Watermark Global plc is engaged in developing innovative environmental solutions in water management with a key focus on Acid Mine Drainage and the manufacture of Coal Briquettes in South Africa. In June 2012, Watermark sold its wholly-owned operating subsidiary, Western Utilities Corporation Limited ( WUC ) to Mine Restoration Investments Limited ( MRI ) for a consideration of £4.50 million comprising £1.81 million in cash and £2.69 million ( 40% ) in MRI shares.

Mine restoration Investments Limited are listed on the ALTx market of the Johannesburg Stock Exchange in South Africa, and carry the years of expertise built up from watermark global in Acid Mine Drainage alongside an additional new focus in the lucrative Coal Briquette market.

Watermark released their half yearly results on the 28th of September 2012 which showed that the company restructure has already positioned them into a strong position. Highlights of the interims showed profit after tax for the six month period ended 30 June 2012 was £2,716,000 and earnings of 0.17p per share .This profit is inclusive of the gain made in the sale of WUC to MRI for £2,751,000.

Stated net asset value at 30 June 2012 was 0.33p per share and cash position of the Company at 30 June 2012 was approximately £796,000. Since the listing of MRI the value of watermarks investment has risen by over 50% ( as of 10/10/2012 ) equating to a NAV of 0.41p per share.


Acid Mine Drainage

Acid mine drainage ( AMD ) is one of mining's most serious threats to water. A mine draining acid can devastate rivers, streams, and aquatic life for hundreds of years and under the "right" conditions thousands of years.

At metal mines, the target ore (like gold, silver, copper, etc) is often rich in sulfide minerals.When the mining process exposes the sulfides to water and air together they form sulfuric acid.This acid can and often does dissolve other harmful metals and metalloids (like arsenic) in the surrounding rock. Acid mine drainage can be released anywhere on the mine where sulfides are exposed to air and water, including waste rock piles, tailings, open pits, underground tunnels, and leach pads.

To date WUC are the only company to submit a full long term plan to deal with Acid mine drainage to the south african government, who are coming under increasing pressure from the United Nations and World health organisation to deal with AMD.


Coal Briquetting Technology


Coal fines have traditionally been an unwanted by‐product in the coal mining industry. Fines are typically defined as coal with a particle size below 6mm. These fines have presented a major disposal challenge to the industry.

Surface and underground coal mining operations in South Africa produce approximately 300 million tons of coal per year; creating significant coal residues such as dust and fines. These can typically constitute up to 20% of the total run of mine feed. Although these fines typically have appreciable calorific values and therefore high energy content, they are not easily marketable, this is mainly attributed to typical high volatilities, the high surface moisture content and the heterogeneous properties of the fines.

Whilst conceptually simple, the coal industry has seen its fair share of binders and briquetting processes over the years. Whilst there are success stories, many attempts have failed. The problem usually lies with the binder. In the past, binders either altered the characteristics of the coal (increasing ash or reducing the calorific value) or they simply could not withstand the rigors of transportation including the long-term exposure to weather. MRI through WUC has understanding of the briquetting process and knowledge of the cohesive and repulsive forces between solids, the adhesion of binders, heat transfer characteristics, heat effects on surface properties, and the rheological behaviour of particulate masses inside the briquetter.

Fines supply and briquette off-take agreements have been established and signed between WUC and the coal mining operation that controls the mine in Vryheid, where the fines for the initial contract are situated. A pilot project is currently underway with full commercial scale operations expected to be rolled out through december 2012 and the early months of 2013, although initially this clean coal fuel will be sold into the south african market the wider goal is to market the product into several overseas markets over time.

bob.. MRI are due to put an update out on their coal briquette project anytime now
and looking at the figures they project for revenues / profits i think it could add some
very tasty gains to the sp here.

Was doing some calcs on watermarks current NAV ( net asset value ) which as of
fridays close was 0.3685p ,and possibly 0.3925p if they have received the latest
interest payment from MRI.

From Stockopedia,south africa president decree AMD steps taken before 2013 !


http://www.stockopedia.co.uk/content/watermark-global-plc-new-beginnings-68663/

Sunday November 11th 2012

A South African Presidential statement was issued on the 17th of october 2012 with a number of measures relating to the economy including AMD ( Acid Mine Drainage ).

Part 3 : Section 1

Infrastructure

Accelerate the implementation of a long term sustainable acid mine drainage solution, with steps taken by 2013.

Full Presidential Statement Here : http://tinyurl.com/adxxf8v