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Share Name Share Symbol Market Type Share ISIN Share Description
All Active Asset Capital Limited LSE:AAA London Ordinary Share VGG017801082 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.10 -3.47% 58.50 58.00 59.00 60.20 58.50 60.20 1,760,898 10:40:55
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 -0.5 -0.3 - 592

All Active Asset Capital Share Discussion Threads

Showing 51 to 75 of 875 messages
Chat Pages: Latest  11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
06/3/2005
20:30
avm are an aussie or canadian co. doing copper in drc and very well too. our avm is indeed avocet.
wassapper
06/3/2005
20:19
corrientes and cartyne, You mentioned AVM (Anvil) on November 29th and 30th - I can't find the company. The symbol AVM is for Avocet mining. They do gold mining in Asia, not copper mining in DRC. So what were you referring to? Please help, Thanks
arf dysg
28/2/2005
16:44
The reason the shares are up Today gentleman,is a very positive article on Bloomberg by Tim Read CEO of Adastra Minerals,whom epects Cobalt demand to rise by a fifth due to Hybrid Batteries.The shares gentlemen are as cheap as chips.
limor
28/2/2005
14:43
big jumps up and down not unusual.
rambutan2
28/2/2005
14:41
up 10% in London with a few buyers, did it get tipped ?
nickb
25/2/2005
10:39
beat me to it wayout. he in full for linkaphobes... Adastra Marches Higher as Star Cobalt Project Progresses By Stephen Clayson 24 Feb 2005 at 09:00 AM EST LONDON (ResourceInvestor.com) -- Adastra Minerals, the AIM and TSX listed [TSX: AAA | AIM: AMZq] miner is progressing in a determined fashion its primary asset, the Kolwezi cobalt and copper tailings deposit in the Democratic Republic of Congo. The company owns 82.5% of the project, a stake which is likely to be diluted by the exercise of options to acquire 10% each by the International Finance Corporation and Industrial Development Corporation of South Africa. Adastra's shares have tracked steadily upwards since September 2004 under the impetus of increasing market confidence that the Kolwezi project will come to fruition. First production of cobalt and copper is currently projected for the fourth quarter of 2007. Meanwhile a definitive feasibility study and environmental & social impact study are well underway and scheduled for completion for May and August/September respectively. The Kolwezi tailings dam is being developed primarily as a Cobalt project, and contains a resource of 112.8mt grading 1.49% copper and 0.32% cobalt. Around 97% of the dam's mass has been evaluated to JORC standards, and as a result of this there is little resource expansion upside to the project, but by the same token there is little geological risk. The resource will be upgraded to the proven reserve category once the definitive feasibility study has been completed. Phase one of Kolwezi's exploitation will see 5,500t/yr cobalt and 30,000t/yr copper extracted from the project, but Adastra CEO Tim Read says that one of the company's long term objectives will be to increase output by approximately twofold during phase two of its exploitation. Recovery rates of 76% copper and 93% have been attained in metallurgical trials conducted on around 100t of material, and the company's processing proficiency is aided by the expertise of metals giant Umicore with whom a technology supply arrangement exists. Infrastructure provision in the Kolwezi area is reasonable, with a power station already established on Adastra's property and with ample capacity to supply the project. A railway suitable for transporting output railway passes by 2km away. Adastra's $15m cash pile should be sufficient to see it through until the serious fundraising stage for Kolwezi. The total capital cost estimate supplied by Adastra for the project is $292.2m, with operating costs per tonne of ore processed projected at $30.7/t and metal production costs before credits at $0.54/lb copper and $2.10/lb cobalt. Based upon a low price scenario of $0.80/lb copper and $10/lb cobalt revenue per ton of tailings processed would come in at $79, while in a high price situation revenue per ton comes in at $112.5 based upon copper at $1.lb and cobalt at $15/t. The arrangement of project finance is anticipated to be concluded by Q1 2006, allowing construction to begin in the same quarter. Phase one mine life is estimated at in excess of 50 years, while phase two output levels would bring this down to a projected 29 years assuming 5 years of prior phase one production. Adastra is rather bullish on the outlook for Cobalt over the next decade or so, believing that the market will remain tight until at least 2010. The fundamentals of the market look encouraging; with significant sources of demand growth identifiable and room for considerable expansion of supply, but Cobalt has a history of price volatility and the outlook is by no means certain. However the growth trend in demand for Hybrid Electric Vehicles, for portable electronic devices incorporating lithium ion batteries, for gas to liquid processes, and for polyethylene manufactures, all of which require cobalt as an input, bodes well for the metal's demand prospects. Adastra expects demand to grow at 10% per annum over the next decade, and is therefore 'optimistic' that the market will allow the implementation of Kolwezi's phase two mining plan. In addition to the Kolwezi project, Adastra holds an exclusive option to redevelop the Kipushi zinc mine, also in the Democratic Republic of Congo and the Cuango diamond licences in Angola. Exploration of the Cuango licences is on hold pending legal wrangling with the Angolan government who have failed to conform to the terms of the licence agreement, for which Adastra is seeking redress in the US courts. Kipushi is an existing underground mine in reasonable condition but with seriously depleted surface infrastructure, and contains total measured, indicated and inferred resources of 567,872t copper and 4,942,334t zinc. Adastra believes that once it can spare the effort Kipushi could re enter production relatively expeditiously, but its current overarching priority is Kolwezi.
rambutan2
24/2/2005
22:15
Thanks wayoutwest for that.
nickb
24/2/2005
21:46
Interesting new article on Adastra Minerals: http://www.resourceinvestor.com/pebble.asp?relid=8384
wayoutwest
15/2/2005
15:28
Double the average daily volume traded in Canada in the first hour, stock up 5%.
nickb
09/2/2005
09:52
according to todays times, the share jump up yesterday was due to excitement over a group of banks being taken on a visit to the site to see who might want to loan the dosh needed.
rambutan2
08/2/2005
21:34
A new article on AAA http://www.minesite.com/storyFull.php?storySeq=568
nickb
08/2/2005
13:05
am sure there are further back in thread or otherwise on their website here... http://www.adastramin.com/index.cfm?fuseaction=investors.research_reports suffice to say that if gets going then they v big and for many years.
rambutan2
08/2/2005
12:56
Any profit projections for AAA ?
nickb
08/2/2005
11:09
main man speaking at indaba tomorrow... http://www.iiconf.com/africa05/Indaba05.pdf http://www.iiconf.com/africa05/default.aspx good place for deals etc.
rambutan2
08/2/2005
11:02
It is a good story that seems to have been missed by uk investors but not by the institutions.
nickb
08/2/2005
10:34
well i bought in round 50p which i reckon is as low as will get barring complete disaster. have spoken to management and sounded ok. like the big backing from top commod manager at m&g. like the fact that the stuff is just sitting there. like the environmental angle which gives it extra kudos. like the shear size of the resource and length of production time. added bonus/blue sky in zinc project which a play on zinc price. and then theres the diamonds in angola which could just come good at some stage, although that appears less likely recently.
rambutan2
08/2/2005
10:24
Seems you are on your own on here Rambutan. I pulled out of AAA a few months ago. I think it is a great project, but the price suffers massively on any news of fighting, no matter how small or distant from Kolwezi. It has the potential to rise 100-300% from here, but it will not be a smooth ride.
wassapper
08/2/2005
09:26
coming in to line with canada close where it jumped up but only on small volume. someone knows something?
rambutan2
08/2/2005
09:23
up over 20% this morning to 90-95p.
rambutan2
31/1/2005
12:01
finals out. no surprises... ADASTRA MINERALS INC. Results for the period ended October 31, 2004 Highlights • Acquired unequivocal title to the Kolwezi Tailings Deposits • Name changed to Adastra Minerals Inc. to reflect better both the company's geographic operations and corporate structure and values • Final phase of Kolwezi Definitive Feasibility Study commenced by GRD Minproc and Murray & Roberts • Environmental and Social Impact Assessment ongoing by SRK of South Africa • Signed Memorandum of Understanding ('MoU') with Umicore to • conclude a long-term supply agreement for cobalt purchases • assist and facilitate the placing of Kolwezi's cobalt production with Umicore's customers • to provide technical assistance to the development of the Kolwezi production facilities. • Industrial Development Corporation of South Africa (IDC) announced decision to exercise option for 10% of Kolwezi tailings project • Recommenced negotiations relating to the Kipushi zinc-copper project • Raised an additional US$5 million of equity capital President's Message to Shareholders Dear fellow shareholders: http://www.uk-wire.com/cgi-bin/articles/200501311113179860H.html
rambutan2
27/1/2005
14:13
bit of a drop last couple of days. who knows why. this a few weeks ago... NEW YORK, December 21 (newratings.com) - In a research note published yesterday, analysts at Canaccord Capital maintain their "buy" rating on Adastra Minerals (AAA.ISE). The target price is set to C$4.40.
rambutan2
11/1/2005
13:43
some volume today. this has had quite a (profitable) climb since october lows.
rambutan2
20/12/2004
12:18
seems a sensible way to go... Initial Kolwezi Production Levels Determined Trading TSX / AIM: AAA LONDON, U.K. (December 20, 2004) - Adastra Minerals Inc. ('Adastra' or 'the Company') announced today that the Kolwezi Tailings Project will be designed to produce initially approximately 5,500 tonnes of cobalt and 30,000 tonnes of copper annually. The Definitive Feasibility Study ('DFS') being carried out by Murray & Roberts and GRD Minproc ('the Kolwezi Study Engineers') will be based on these levels. These production levels were the unanimous decision of the Board of Kingamyambo Musonoi Tailings s.a.r.l. ('KMT'), the company that will develop the project in the Democratic Republic of Congo ('DRC'). Adastra has a beneficial interest of 82.5% in KMT, the other shareholders being Gecamines (12.5%) and the government of the DRC (5.0%). Directors representing all three shareholders were present at the Board meeting at which the unanimous decision was taken. The decision was also endorsed by the Industrial Development Corporation of South Africa (' IDC') and the International Finance Corporation ('IFC'), each of whom has an option to acquire up to 10% of KMT from Adastra. (The IDC has notified Adastra of its intention to exercise its option in full: see News Release of December 2, 2004). 'Choosing the optimum level for first cobalt production is of key importance; and 5,500 tonnes annually has been selected after considering many factors, including the size and structure of the cobalt market, and the ultimate funding of the Kolwezi project,' said Tim Read, Adastra's President & CEO. 'We believe that we have chosen the right level to bring KMT rapidly into production as one of the world's largest producers of cobalt. However, the size of the Kolwezi resource is such that we shall have the ability to double output to 11,000 tonnes of cobalt and 60,000 tonnes of copper annually when this will best benefit shareholders, and the DFS design will accommodate such future expansion.' A detailed analysis prepared by the Company with assistance from the Kolwezi Study Engineers showed that these production levels will serve to ease Adastra's entry ino the cobalt market, enable the project to grow naturally in line with projected growth in the cobalt market, reduce equity issuance requirements, and mitigate project and country risks, whilst offering the potential for very attractive rates of return. About the Kolwezi Project Adastra's Kolwezi project consists of two dams containing 112.8 million tonnes of oxide tailings, grading 1.49% copper and 0.32% cobalt, as determined by Dr. Isobel Clark of Geostokos Limited, a 'qualified person' as defined by the Canadian Securities Administrators' NI 43-101. This resource has the potential to host one of the world's largest and lowest cost cobalt producers. At a conceptual annual output of 30,000 tonnes of copper and 5,500 tonnes of cobalt, the project would have an operating life of approximately 53 years. Such a project would generate significant tax and foreign exchange earnings, as well as providing local employment and contributing to the revival of the DRC's copper belt infrastrucure.
rambutan2
14/12/2004
20:58
So are we going to get that breakout and hit 100p ?
nickb
03/12/2004
11:52
note... LONDON, U.K. (December 3, 2004) Adastra Minerals Inc ('the Company') today announces that the Company's ticker on the Toronto Stock Exchange has changed from AMZ to AAA. The change of ticker on the TSX follows the Company's change of name in May 2004 from America Mineral Fields Inc to Adastra Minerals Inc. At that time 'AAA', which is already the Company's ticker on AIM in London, was not available on the TSX. The Company now has the same ticker - 'AAA' - on both the Toronto Stock Exchange and AIM.
rambutan2
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