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CAF China Africa

3.00
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
China Africa LSE:CAF London Ordinary Share GB00B3ZW6Z85 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 3.00 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 3.00 GBX

China Africa (CAF) Latest News

Real-Time news about China Africa (London Stock Exchange): 0 recent articles

China Africa (CAF) Discussions and Chat

China Africa Forums and Chat

Date Time Title Posts
30/5/202016:02China Africa Resources - Cash Shell, New Beginning304
30/5/202011:59China Africa Resources - Weatherly/Chinese JV731
03/10/200612:23Whats The Score Here11

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China Africa (CAF) Most Recent Trades

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China Africa (CAF) Top Chat Posts

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Posted at 30/5/2020 11:54 by keya5000
The fund has been authorised to buy the Namibian lead and zinc mine, whose main shareholder went into liquidation in 2018.
The Namibian Competition Commission has greenlit Ibaera Capital Fund's acquisition of the lead-zinc and vanadium mine Berg Aukas. Ibaera, an equity funded exploration and project development company based in the Caiman Islands but managed from Australia, submitted its request to purchase the site on November 1. The Commission's consent for the acquisition does come with one condition however: the national water distribution board NamWater must continue to source water from Berg Aukas.

The transaction spells good news for Simon Kirkhope and Andrew Johnson, both senior managing directors of the Corporate Finance & Restructuration practice at FTI Consulting¸ which has been looking for a taker for Berg Aukas since mid-2018. The two restructuration specialists were appointed as administrators of Weatherly International to wind up this company, which had acquired a minority stake in Berg Aukas in 2011 before taking control of the site in early 2018 (AMI 385).

Ibaera's acquisition of Berg Aukas comes as part of strategy to build a portfolio of projects in exploration or development. In November, the equity fund purchased Azumah Resources, operator of Ghanaian gold mine Wa in which Ibaera has held a share since 2017 (AMI 435). It also picked up several gold and copper projects in Serbia in January.
Posted at 06/4/2017 20:50 by mike_f
Cheers someuwin, I'm looking forward to seeing what the company release. This could be very exciting! Would love to see a premium on the closing share price if a placing is the way they intend to go. GLA
Posted at 06/4/2017 15:44 by dingo75
cHEERS someuwin.
with linley and co scooping up Tier 1 projects, this will become a large beast for sure.
let's see whether it's a placing or a large subscription into CAF to raise the £6m min.

i expect they'll raise considerably more.
Posted at 16/3/2017 16:10 by soulsauce
bifocally here you are it couldn't be any clearer:-

China Africa Resources Investing Policy:

Under the AIM Rules for Companies, CAF is required to complete an acquisition or acquisitions that constitutes a reverse takeover within six months of becoming an AIM Rule 15 Cash Shell or it will face suspension from trading on AIM. The Directors intend to apply the investing policy set out below in seeking an acquisition or acquisitions that will constitute a reverse takeover but there can be no certainty that they will be able to do this in the specified time frame.
Posted at 15/3/2017 21:45 by soulsauce
No it was all part of the reorganisation, the divi in the form of in-specie shares was from when CAF a different entity.
Posted at 06/3/2017 08:15 by dingo75
In advance of the big news regarding the RTO, CAF have some very nice investments already.

Note today's MOD news, seriously good grades.

CAF own 48.8% of GET: see below. who are the third player in the botswanan KCM area.

We sit right beside MOD. and CCC.
No value attributed to this in CAF's market cap.! Yet.

Substantial New Copper Zone below T3 Resource
- 72.6m @ 1.5% Cu and 27g/t Ag
 72.6m @ 1.5% Cu and 27g/t Ag intersected in MO-G-65D from 250m down hole depth
 Includes high grade intersection of 18m @ 2.7% Cu and 52g/t Ag from 280m
 Extends potential >100m below current T3 resource and still open at depth
 Hole MO-G-66D intersected separate zone of disseminated Cu, ~250m below resource
 Four diamond core drill rigs now testing strike extent and geometry of new zones
MOD Resources Ltd (ASX: MOD) is pleased to announce assay results have confirmed the
discovery of significant widths and grades of copper and silver mineralisation below the current T3
resource. The intersection comes exactly one year after the initial discovery of T3.
T3 forms part of a joint venture with AIM-listed Metal Tiger Plc (30%) relating to an extensive holding
of licences in the central and western parts of the Kalahari Copper Belt in Botswana.
The new zone intersected by MO-G-65D comprises multiple intervals of disseminated, laminated,
cleavage and vein hosted copper sulphides including bornite, chalcocite, covellite and chalcopyrite.
The dominant host lithology is green/grey siltstone, overlying pink and grey sandstone.

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

ABOUT GET:-

GET has five exploration licences in the Kalahari Copper Belt in Botswana held through three Botswanan subsidiary companies. Further details in respect of GET and specifically its Botswanan interests are provided below.

-------------------------------------
Through this investment the GET Project will become the third active player on the Botswanan KCM. Cupric Canyon Capital have completed a Feasibility Study and are currently looking to develop their Zone 5 Deposit (100.3Mt@1.95%Cu & 20g/t Ag). Whilst, in December 2016, MOD Resources Limited announced the results of a Scoping Study on their T3 Deposit for which a maiden Mineral Resource Estimate (28.36Mt @ 1.24%Cu and 15.7g/t Ag) was released in September 2016. The T3 Deposit was only discovered in March 2016.
Posted at 08/2/2017 11:39 by potential
What's time scales and potential share price price ??
Posted at 01/2/2017 11:20 by soulsauce
In addition to this investment, the Board of CAF is actively advancing discussions in respect of various other investment and acquisition opportunities. This includes both project and corporate transactions and is principally although not entirely focused on Uranium, Lithium, Cobalt, Copper and Niobium commodities. Shareholders should note that there is no certainty that any of these discussions will lead to a successful conclusion however the Board of CAF hopes to be able to provide further updates to market in the near-term subject to the successful finalisation of commercial negotiations.
Posted at 16/1/2017 13:42 by keya5000
This is the asset I think we may go for.



Three mothballed mines previously owned by Black Fire Minerals who changed into a gaming company last year.

Assets will be none core and likely on the market.

Suspect they may be cheap and would be a superb foothold into the lithium market.

Thoughts on why--We have strong Namibian influence through Rod WEbster (WTI) and lithium is a sector we should be in.


The acquisition will be facilitated via Black Fire purchasing Sunrise's private Namibian subsidiary Starting Right Investments 94, which is the holder of the Karibib lithium Exclusive Prospecting Licences EPL 3750 and EPL 3751.
The Karibib lithium project, located 120 kilometres northwest of Windhoek, covers 765 square kilometres of the Karibib pegmatite field.
The project tenure includes the historic Rubikon, Helicon and Fricke's lithium, tantalum and cesium mines which operated intermittently from 1930 to 1994.
'Historic mine production data is poorly recorded, but the Rubikon mine reportedly produced some 17 000 tons of lithium mineral concentrates from small scale open-pit and underground mining between 1980 and 1994,' said Black Fire Minerals in a statement Thursday.
Black Fire intends to immediately commence an 'aggressive exploration programme' to test drill the known significant strike extensions of the Rubikon and Helicon pegmatites and to assess the potential of the remainder of the two EPL areas for new lithium pegmatite discoveries.
The purchase agreement is conditional upon regulatory approvals to be satisfied within 30 days.
Final consideration for the transaction will be 3,5 million fully paid ordinary shares in Black Fire, with these shares being subject to a voluntary six-month escrow period.
At the company's closing share price on November 11 2009 of 13 Australian cents, this equates to an acquisition cost of 455 000 Australian dollars.
The share price now stands at 14c, following the release of the announcement.
Lithium is an extremely soft, silvery-grey metallic element since it is extremely reactive to heat and it is used in components and in batteries. Salts of lithium are used as mood altering drugs.
Black Fire Managing Director Simon Rigby said the Karibib Project had not been subjected to modern exploration and the historic lithium mining activities were largely small-scale gouging operations that only exploited small portions of the outcropping pegmatites.
'This provides a significant opportunity for Black Fire to carry out drilling programmes and utilise modern regional exploration techniques to assess the entire project area,' Rigby said.
He said the acquisition of Karibib also represented an excellent opportunity for the company to participate in the rapidly growing sector of the energy storage business due to the proliferation of electric vehicles and electronic equipment using Li-ion batteries.
Posted at 15/12/2016 22:11 by keya5000
So that's my thoughts.

Energy metals = Uranium.

Uranium = New bull phase from 15 year comparative modern all time low.

Nick O'Reilly = mega experienced SRK top man with access to a massive data bank of exploration knowledge. Also specialises in uranium.

Companies previous focus was Namibia with support from WTI. They have dumped all previous connections except the WTI man on the board.

Namibia is going to be the 3rd largest uranium producer in 2017 and is very open to uranium exploration.

I have connected the clues and I am likely wrong!
Reply | Recommend 2 | ReportGraphiteTech
Posts: 5,673
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Price: 2.625
RE: CAFToday 21:23Reason I think Namibia is the fact The WTI director is staying on.

Namibia also holds some of the largest uranium resources in the world.

WTI will have a good idea of what's what in their area.


Reply | Recommend | ReportGraphiteTech
Posts: 5,673
Off Topic
Opinion: No Opinion
Price: 2.625
RE: CAFToday 21:15Given the new NED's uranium experience and the fact they prioritise energy metals it would make sense for uranium.

I reckon they already have an asset and are not looking for one.

Uranium is entering a massive bull phase.

The target must be decent. No way would they ditch the zinc asset when zinc had such a good year for nothing.

I reckon it's uranium possibly if I am guessing something Mauritania or Namibia low west African.
China Africa share price data is direct from the London Stock Exchange

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