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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Baobab Res. | BAO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 2.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 2.50 |
| Top Posts |
|---|
Posted at 21/8/2020 18:11 by backinblack80 It appears that BAO are still searching for strategic development partners and equity investors..... |
Posted at 03/1/2017 12:34 by 10 bobb Tax return time again... Can I claim for BAO losses on my return as I have been informed that certain shares in different circumstances cannot be offset for various reasons?TIA |
Posted at 18/9/2015 18:52 by solonic Yes. They sent a message to all current and previous holders: "Suckers!"Listening to roughandtumbleone (and friends like Tuckman) has cost a lot of people a lot of money. Having set up a fantastic con on BAO OCH and KEFI roughie is trying to find suckers to buy JLP, TERN and more. It was always a complete mystery to see the early BAO suckers adore him so much. He definitely should be in jail. |
Posted at 20/5/2015 12:41 by nash81 i lost some in BAO... well, hope will make up the lossess in JLP... |
Posted at 11/5/2015 14:22 by katylied Not a special dividend paid by BAO, rather a takeover bid by Redbird. Note that insider (chairman) Jeremy Dowler traded in 1,500,000 shares for the 6p/share bid, but has retained (and will presumably delist with) at least 3,925,000 BAO shares. Probably means he has raised sufficient funds from the TO bid, to take part in the inevitable near-term re-financing... |
Posted at 14/4/2015 14:22 by venture traveller For anyone wondering whether leaving your shares in a delisted company may prove beneficial or not. I have received an offer of 42p a share in TRBO, which was delisted in 2013. My purchase price was 13p. Not bad considering I had wrote them off.I am still trying to decide whether to keep my shares in BAO, as these are obviously a different animal. It all depends on how the mining cycle goes compared to funding capabilities of Redbird. The mining cycle is possibly at the bottom, but it may be years or even decades before there is enough demand to make the resource look attractive. In the meantime anything could happen to Baobab, or Redbird. There is no way of telling IMO. It's a gamble. |
Posted at 26/2/2015 15:39 by solonic Woosie always resorts to the scoundrel's ultimate refuge, namely fibbing, (and then pretending to filter those who pick him up on his dishonesty.) We all remember how he had mythical private information from the BAO board which he implied would send the share price up! Did it hell...Anyway the Aim miners' index, such as it is, shows a significant rise YTD which smashes his argument yet again into pieces. But even if it had fallen by a significant percentage, how does that help BAO shareholders? As far as I could discern this was his nutty argument expressed in many posts on this board. He was justifying his decision to buy BAO and then irrationally holding on to it by saying that the index (erm... index of all AIM mining shares beginning with B with a market cap of less than £20m? LOL) was also down. Well, so what? It doesn't justify his judgment at all does it? He would have been much better off investing in those other shares which destroy his argument by 'distorting' (in his mind) the actual miners index. Most normal people make investment mistakes: the major error is to spend the rest of your life justifying that mistake as so many here do. I am grateful to kbrook for his support. I always suspected that he was more intelligent than the majority here and certainly he has more integrity than many. |
Posted at 23/12/2014 18:08 by qipincha Baobab Resources (LON:BAO)hxxp://www.abnnewswi Chinese news about bao, can use google translate to read it. |
Posted at 17/12/2014 12:02 by pensioner2 TIDMBAORNS Number : 0330A Baobab Resources PLC 17 December 2014 BAOBAB RESOURCES PLC TETE MINING TITLE GRANTED 17 DECEMBER 2014 HIGHLIGHTS -- Mining Concession granted by the cadastre division of the National Department for Mines ('NDM'), Mozambique, for the Tete pig iron and ferro-vanadium project; -- The Mining Concession is valid for a period of 25 years and renewable for a further 25 years; and -- Baobab is also working with the DNM to finalise a Mining Contract for presentation to the Council of Ministers which is on target for receipt before the end of January, 2015. Baobab Resources Plc (AIM: BAO) ('Baobab' or the 'Company'), is pleased to announce that its Mining Concession overlying the Tete pig iron and ferro-vanadium project has been granted by the cadastre division of the NDM and has been assigned concession number 7055C. The Mining Concession is valid for a period of 25 years and renewable for a further 25 years. In parallel, the Company is working with the NDM to finalise a Mining Contract for presentation to the Council of Ministers. Baobab filed its Mining Title Application and submitted a Mining Contract for NDM review on 19 November, 2014. The Company continues to target receipt of its Mining Contract before the end of January, 2015. ENQUIRIES |
Posted at 09/11/2014 12:48 by j1nxed There are so many problems with bao (and iron ore in general) that people fail to grasp1:CAPEX in the hundreds of million with prices below $80/t for 62% FE, people were reluctant to put up money building mines even when they were above $140/t ... and who can even name any pig iron project built in the last 2 years? 2:The capital intensity for pig iron is simply massive compared to cheap and easy DSO projects (where do you guys think the iron ore glut is coming from?). what point is there to invest in VAP when the market is in the toilet? 3:The potential for a massive market glut in pig iron if BAO starts exporting, i have written about this before when BAO was in the 20's 4:Most if not all the new iron ore projects started by juniors have closed or are on the brink of closure due to the prices and failure to take all costs into consideration. How many banks would be willing to lend to BAO with this in mind (just look at ami, lond, bzm etc etc)? 5:BAO does not even have a MoU for rail access ... even sable mining has that and they started something like 3 years after bao Where is all that Jindal money people were talking about when they withdrew from AFF (who is the only iron ore junior to my knowledge who has been bought out of africa in recent years if we exclude sphere minerals). With iron ore markets down the toilet BAO does not really have an advantageous position to strike a bargain from. Most of the posts here talk about some illusive partner behind the curtains just waiting for a DFS, others talk about a buy out and others are saying "Ben" has told them stuff they can't even write here and you know something is wrong when facts are not discussed |
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