Asa Resource Share Discussion Threads

[skidaddle] 30/10/2019 08:57

No.

Perhaps they are finalising either the sale of Freda or some kind of statement to interested parties, including shareholders.

[plasybryn] 30/10/2019 08:54

No numbers yet.

[skidaddle] 30/10/2019 08:44

Bindura Nickel Company gets new owner

[40dollarshoes] 29/10/2019 10:54

Nickel - Indonesia brings forward its export ban: Funnily enough the Indonesian government has taken a dim view of groups trying to get ahead of next year's export ban by rushing through exports this year. In response it has brought forward the export ban, effective immediately. This is likely to see nickel prices surge, and we would also expect stainless steel demand to jump as customers try to get orders in ahead of rises in the nickel surcharge. From Peel Hunt this morning

[40dollarshoes] 29/10/2019 10:06

Nickel - Indonesia brings forward its export ban: Funnily enough the Indonesian government has taken a dim view of groups trying to get ahead of next year's export ban by rushing through exports this year. In response it has brought forward the export ban, effective immediately. This is likely to see nickel prices surge, and we would also expect stainless steel demand to jump as customers try to get orders in ahead of rises in the nickel surcharge. From Peel Hunt this morning

[petefurlepa] 27/10/2019 10:24

hxxps://www.ebusinessweekly.co.zw/pgms-sparkle-as-mineral-output-drops/

At least nickel production is good and benefits from the higher prices.

[gpgreen] 26/10/2019 20:32

Agree. Lets hope this is not another false dawn. This needs to be brought to a conclusion,it has dragged on for long enough.

[plasybryn] 24/10/2019 10:37

gpgreen: Two weeks and more has passed! Heard anything?

[gpgreen] 12/10/2019 10:13

The article written in the New Zimbabwe on 29th September suggested that the bid process for BNC should be finalised with in two weeks. Fingers crossed it goes through at a good price and we get to hear some news soon.

[plasybryn] 08/10/2019 14:09

Mark Skelton is our main guy and he's a No1 kiddy so I'm told. Talk to the monkey not the grinder.

[iamald] 08/10/2019 11:25

Alas, hindsight is a wonderful thing... and RPI was so obviously stealing the company (in more ways than one) I was also reluctant to accept.

[skidaddle] 08/10/2019 11:17

Then why didn't you take the 2.1p, because that was the only other option other than administration?

[silenzi01] 08/10/2019 10:46

Unfortunately no great update from the JA - New guy from D&P didn't even realise Bindura was still a listed entity. Goes to show we have our assets managed by incompetent people - very worrying. I can't imagine they are adequate at making a sell on all assets. A complete mistake from day one taking the company into admin. Poorly thought out!

[skidaddle] 03/10/2019 17:22

Another website valuing the share price in US cents

[casabella2] 03/10/2019 16:24

Are things finally coming to some sort of conclusion here.

[skidaddle] 03/10/2019 16:07

It's just repeating what was reported on Sept 3rd. Nothing new.

[silenzi01] 03/10/2019 15:50

hxxps://www.chronicle.co.zw/bnc-disposes-majority-stake/

[peyrelongue] 03/10/2019 08:01

Thus the quote on zimbabwe market is in us$?

[trevorm2] 02/10/2019 19:45

19.01 us cents.

[peyrelongue] 02/10/2019 12:45

I see but on this one hxxps://africanfinancials.com/company/zw-bind/
It says that bindura market caps is around 236mio ZWL$
I am not a spécialist on Zimbabwe but it seems normal that the quote is in ZWL$ and if it is the case the quote is 19ZWL $ and the market cap will be around 24mioUSD

[skidaddle] 02/10/2019 11:49

Have a look at this then.



And tell me what it is quoted in?

[peyrelongue] 02/10/2019 11:03

The market caps of Bindura is published in ZWL $, thus in US$ it is around 22mio$

[casabella2] 29/9/2019 21:08

replace xx with tt

[casabella2] 29/9/2019 21:07

hxxps://www.newzimbabwe.com/bnc-finalising-takeover-bids-amid-tagwirei-shadow/