Caledon Resources Share Discussion Threads

[spights] 20/4/2011 07:07

1.56 AUD = 1.00719 GBP No trades .
Good Morning Afrim and all.

[afrim] 19/4/2011 08:45

Mornin Spights & all,
Been away for almost 3weeks & only managed to keep an eye on the share price intermittently! I see this has not yet concluded!..
Cheers A

[spights] 19/4/2011 07:12

1.56 AUD = 1.00152 GBP
No trades .
Good Morning all.

[spights] 18/4/2011 06:11

1.55 AUD = 1.00396 GBP
Good Morning all.

[spights] 16/4/2011 09:22

debbiegee any time .......after CDN see you all over on Polo:o)

[debbiegee] 15/4/2011 12:01

We are ALL ;-) very gratefull for your morning updates spights ,thankyou !

[spights] 15/4/2011 11:47

:o))))))))))))))))))))))))))))))))))

[phillis] 15/4/2011 11:09

"all" is a bit of an overstatement spightsy

[spights] 15/4/2011 06:13

1.55 AUD = 0.998857 GBP
Good Morning all.

[spights] 14/4/2011 06:53

1.57 AUD = 1.01233 GBP
Good Morning all.
No trades.

[spights] 14/4/2011 06:52

1.57 AUD = 1.01233 GBP
Good Morning all.
No trades.

[spights] 13/4/2011 06:18

1.57 AUD = 1.01057 GBP
Good Morning all.

[spights] 12/4/2011 06:47

1.63 AUD = 1.03988 GBP
A Very Good Morning all.

[spights] 11/4/2011 22:39

Spikeys post on iii


Caledon Resources rose 8.7 per cent to 102½p after its Chinese bidder gained regulatory approval from the state-owned Assets Supervisions and Administrative Commission.

Traders are now confident Guangdong Rising Assets Management Co will go ahead a make its 112p a share formal.
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[debbiegee] 11/4/2011 14:16

some decent buying going on perhaps clearing the seller at 102.25 ?

[spights] 11/4/2011 13:53

dizzylizzy2 good luck.....

[spights] 11/4/2011 13:51

Hi dizzylizzy2 over the next 6-12 months you have a huge winner with Polo. Read Iron stone Resources website.....They will have a IPO by early next year.Polo own 10.9% of them.Plus all the other news from Minfer ,GCM and all the other companies they are involved in.
A big yehaaaaaaaaaaaaaaaaaafor Polo.I have a very very large holding in them:o)

[dizzylizzy2] 11/4/2011 12:39

spights - good news here so i've decided to join you over in Polo with 95729 shares just now. 5.3p with this news and gcm seems a good buy to me. good luck

[ps0u3165] 11/4/2011 08:02

Having waited such a long time for this 1st approval my tounge in cheek suggestion of the 8/8/11 for completion does not sound so absurd now. Only 3 more approvals from the chinese regulators to go, hoping for a spike up today ;0)

[spights] 11/4/2011 07:55

yehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

[spights] 11/4/2011 07:52

1.53 AUD = 0.988357 GBP

[spights] 11/4/2011 07:06

Update on potential acquisition
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TIDMCDN

RNS Number : 6489E

Caledon Resources PLC

11 April 2011

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

11 April 2011

Caledon Resources plc

(AIM: CDN, ASX: CCD)

Potential Acquisition - update on Chinese regulatory approvals

Introduction

On 8 November 2010 the directors of Bidco, GRAM and Caledon announced that agreement in principle had been reached with GRAM on the terms of a Possible Acquisition of Caledon by Bidco, a wholly owned indirect subsidiary of GRAM. The parties are pleased to announce that GRAM has now received formal approval for the Potential Acquisition from the State-owned Assets Supervision and Administration Commission ("SASAC") on behalf of the Guangdong Province. GRAM is actively progressing approvals with the remaining Chinese regulatory authorities.

In light of this development, the parties are in discussion regarding a renewal of the Non-Solicitation Agreement.

Status of pre-conditions

The announcement of 8 November 2011 stated that any announcement by GRAM or Bidco of a firm intention to make an offer for Caledon pursuant to Rule 2.5 of the City Code was subject to satisfaction or waiver of a number of pre-conditions. Following receipt of the formal approval from SASAC, the following pre-conditions remain to be satisfied:

i. the unanimous recommendation of the board of Caledon of the terms of any such offer, having been advised by RBC Capital Markets that the terms of such an offer are fair and reasonable;

ii. the receipt of all necessary approvals from regulatory authorities in China relating to the Possible Acquisition, including the following:

o project approval for outbound investment from the National Development and Reform Commission of China on behalf of the State Council;

o approval for outbound investment from Ministry of Commerce of China; and

o approval for the remittance of foreign exchange out of China from the State Administration of Foreign Exchange of China; and

iii. finalisation by GRAM of the terms of its financing for the Possible Acquisition.

Mr Li Jinming, Chairman of GRAM said:

"The receipt of the SASAC approval is a very positive step forward in securing the necessary Chinese regulatory approvals. GRAM remains committed to working with Caledon to complete the possible acquisition of Caledon as soon as possible and our financing banks remain supportive of the possible acquisition. We continue to actively engage with the regulatory authorities in China."

General

All defined terms in this announcement shall have the same meaning as those contained in Caledon's announcement of 8 November 2010 falling under Rule 2.4 of the City Code

[spights] 11/4/2011 07:01

1.46 AUD = 0.942717 GBP
Good Morning all.

[spights] 08/4/2011 07:00

1.48 AUD = 0.950608 GBP
Good Morning all.
No trades

[spights] 07/4/2011 11:47

I must say I was thinking of that. But thought better that I keep my mouth shut:o)
Its looking healthy today