Acacia Mining Share Discussion Threads

[phil2003] 06/2/2019 23:50

CH.. Bv190

[phil2003] 06/2/2019 23:49

CH.. Bv190

[grupo guitarlumber] 17/1/2019 10:03

14 Feb
Fourth quarter and full-year 2017 results
Blackout period: 17 January 2018

[callmebwana] 10/1/2019 16:41

Sooner or later this will break the resistance of 198P. Then up to 220P.
Just have to show a bit of patience.

[waldron] 10/1/2019 07:48

10/01/2019 | 8:13
Crédit Agricole announces that the Italian competition authority (AGCM) has sanctioned several banks and car manufacturers for an infringement of competition law related, according to the AGCM, to exchanges of sensitive information between these various operators, including within two professional associations. On this occasion, FCA Bank SpA, a 50% subsidiary of Crédit Agricole Consumer Finance S.A., was fined € 178.9 million for the alleged infringement it allegedly committed.

The CA Consumer Finance group will include in its accounts for the fourth quarter the consequences of this fine, ie an impact of approximately 70 million euros for its share and net of the provisions already constituted, while examining the ways and means of appeal.

[ukgeorge] 09/1/2019 12:08

Tanzania – Tanzanian industry clash results in new mining minister.
• Tanzania appoints a new mining minister amid a prolonged spat between the government and gold producer Acacia over a $190bn tax bill, which has severely limited operations in the East African nation.
• Dotto Biteko is the third mining minister President John Magufuli has appointed since he was elected in 2015.
• “He knows the mining sector well, so we expect continuity of policy”, according Tanzania Chamber of Minerals and Energy executive secretary Gerald Mturi. Biteko has previously lead a parliamentary investigation that concluded there was widespread tax evasion and smuggling in the gemstone business.
• In 2017, the government passed laws that the industry complained would be costly and onerous. Among other things, the laws hike taxes on mineral exports, mandate a higher government stake in mining operations and force the construction of local smelters to encourage domestic value-add.
• The reforms are part of a wider push by African governments to claw back revenues from mining, which have initially negatively impacted listed foreign firms working in Tanzania.

[callmebwana] 08/1/2019 13:07

Big resistance @ £1.98. Anyone interested in Charting ? You can check the Charts on Wanobi thread on AAZ BB.
Casual47, I see you are a holder in CGH and here.Why not in AAZ the cheapest Gold producer in LSE ??
Below $600 per ounce. News due there of JORC and TU update this month.
GLA.

[casual47] 04/1/2019 11:45

300p+ should be doable when Barrick take over. Worth to stick around and not penny pinch, imo. Can't see much downside, the assets are desired by Barrick and they will get them, possibly very soon.

[jswjsw] 04/1/2019 11:36

BARC may be right, but just got out of this.
2% above TNAV OK for me.

Also a bit edgy re the wording 'Considering its options...'
May be wrong, but just wondering which 3rd party would pay for this in isolation.
j

[bagi58s] 04/1/2019 09:54

Barclays say 220.0

[bagi58s] 02/1/2019 14:57

Broken the resistance now it should head for 230.0

[jswjsw] 13/12/2018 00:36

hxxps://calgaryherald.com/commodities/mining/barrick-moves-closer-to-resolving-acacia-dispute/wcm/a775070a-9283-4daf-afa2-cdac2937fdea

[jswjsw] 12/12/2018 16:52

Who knows something??? Suddenly whizzed up to £2 in last 20 mins...
Bid sooner than we thought?

j

[jswjsw] 30/11/2018 00:26

Well, the charting stuff is incidental. Bristow, CEO of new Randgold-Barrick will be merging with ACA effetively, as soon as the main merger is done. That has to value ACA at somewhere above NAV.
After the merger was announced the FT reported:

"On a call with analysts, Mr Bristow said he saw a “huge opportunity” to work with Acacia to find a solution that “really delivers better value and more transparency in Tanzania”.

The blocking of the will of a 60%+ shareholder just ain't gonna happen.
j

[depester] 29/11/2018 10:35

hTTps://www.ii.co.uk/analysis-commentary/how-acacia-minings-stunning-recovery-could-continue-ii507233

[waldron] 29/11/2018 08:34

0
29/11/2018 | 8:16
Crédit Agricole SA reports that it successfully completed its inaugural issue of green bonds in the amount of one billion euros, a preferred senior five-year issue structured by its Crédit Agricole CIB division.

"This issue has met with great interest from investors, reflected by the depth and quality of the order book," says the banking group. France, Germany, the United Kingdom and the Netherlands are the most important jurisdictions.

"The funds will finance projects for the energy and environmental transition in all our territories by the entities of Crédit Agricole who commit to this funding," he says.

[waldron] 26/11/2018 12:04

1441/5000
PARIS (Agefi-Dow Jones) - Credit Suisse confirmed on Monday its "outperformance" recommendation and its target price of 16 euros for Crédit Agricole SA (CASA). The broker continues to see the Crédit Agricole Assurances division, where he has just met the CFO, Clément Michaud, as a major growth driver for the group. The financial intermediary sees a potential still "relatively unexploited" to the international. In addition, "the life insurance reserves provide a strong ability to maintain competitive prices and profitability in a rising interest rate environment," notes Credit Suisse. While the group's total life insurance outstanding totaled 283 billion euros, nearly the target of 285 billion euros set for 2019, the broker believes that "insurance will continue to be a powerful growth driver. ". In France, Credit Suisse believes that CASA's cost benefits and distribution strength should continue to generate market share gains in non-life insurance. While internationally, the group can rely on partnerships in countries where its asset management subsidiary Amundi is well established. In the late morning, Crédit Agricole SA shares gained 3.25% to 11.07 euros. ([e-mail]) ed: ECH


Agefi-Dow Jones The financial newswire


(END) Dow Jones Newswires


November 26, 2018 05:56 ET (10:56 GMT)

[waldron] 26/11/2018 09:05

Crédit Agricole: Jefferies remains a buyer but reduces its target from 18.50 to 16.90 EUR.

[jswjsw] 23/11/2018 08:41

Precisely.

All aboard the gravy train!

j