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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Cape Lambert | CLIO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 12.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 12.00 | 12.00 |
| Top Posts |
|---|
Posted at 12/1/2012 06:36 by divinausa1 nice divi on the way |
Posted at 02/1/2010 07:06 by divinausa1 currently On Dec 31: 0.530 AUDholding on to mine for the divi plus i expect more gains in 2010 |
Posted at 29/12/2009 18:21 by pelleeds1980 Cheers chartsmart just got this yes I was referring to the old CLIO shares - held with a non ASX broker (Halifax) now moved to TDW will call them tomorrow |
Posted at 23/12/2009 11:31 by pelleeds1980 Got this transferred to TDW now - its showing up in my portfolio with ticker HM5 which it doesnt recognise and its in the Euro shares category and not UK. The text says Cape Lambert so not sure if I need to call up and sort it. Can anyone confirm the ticker for this is it still CLIO and in the UK holdings? |
Posted at 30/10/2009 20:33 by ianbrewster Chinese eyeing Cape Lambert mineAAP Chinese parties are eyeing Cape Lambert Iron Ore Ltd's Lady Annie copper mine in Queensland that the deal-focused miner expects will be among several asset sales by Christmas worth about $430 million in total. Chinese firms are also interested in Cape Lambert's 35 per cent-owned Marampa iron ore project in Sierra Leone, executive chairman Tony Sage told a briefing in Perth on Wednesday. "I can tell you right now, we've got three Chinese groups crawling all over Lady Annie," Mr Sage said. "We've got three Chinese groups crawling over Sierra Leone trying to buy either the (African Minerals-owned) Tonkolili asset or the Marampa asset. "I know they're in Cameroon talking to Sundance. They'll be in our (doorstep) very shortly." Mr Sage said Cape Lambert expected to receive at least $150 million in cash from the Lady Annie sale. The mine, which was expected to bring in more than $1 billion in revenue at the height of the copper price boom, was acquired by Cape Lambert for a mere $80 million from the collapsed firm CopperCo in May amid depressed prices for the commodity. "We've gone out and marketed this operation and had two offers, but the best process for us is an IPO (initial public offer) process," Mr Sage said. "We get to retain an interest ... of five to 10 per cent .... mainly for tax reasons. "I think we'll be pretty safe raising between $200 million to $250 million but that's all dependent on doing a full bookbuild on our next roadshow." Mr Sage said the company expected to receive $US100 million ($A114 million) for its stake in Marampa. "What did it cost us? $2 million," he said. "I think something will happen before Christmas on that one." The company's other assets will be proved up to make them attracted for acquisition, then offloaded at presumably a substantial profit. Mr Sage said the market was now aware Cape Lambert wanted to be a mine developer, not a miner. He said the company was producing copper at Lady Annie because stockpiled ore could be processed with minimal effort. "We're doing that just to cover our holding costs," he said. "I've always vowed not to be a (mine) operator." Mr Sage said a $50 million dividend would be paid to shareholders in the March quarter, subject to the sale of Lady Annie. |
Posted at 08/9/2009 20:26 by stemis Broker note from Patersons which values CLIO at Aus$563.5 million on a sum of the parts basis. Current market cap is Aus$223 million. Certainly can't accuse CLIO of resting on its laurels. |
Posted at 25/8/2009 07:07 by chartsmart Lady Annie to be sold minimum Au$150 could see news over the next couple of weeks. Au$70m of junior projects to be sold. possible another large dividend payment. currently cash value at around 50c a share. looking good although chart at top of rising trading range, but nice to see it settle over 40c. |
Posted at 08/6/2009 15:27 by theo13 Good news - Tony Sage is a savvy operator. I'm keeping my CLIO shares! Chartsmart do you know of any good Oz bb's? |
Posted at 23/1/2009 08:09 by stemis Acquisition of 5% of Marampa for 17M shares.Since CLIO have an option to acquire 100% of Marampa for $175M, buying 5% equates to $8.75M or £6.4M or the equivalent of 37p a share. IF they end up exercising their option then this will be an excellent deal. The structure of the deal looks a bit strange. CLIO are not buying the shares of Marampa off African Minerals, they are issuing shares to Marampa in exchange for new shares in Marampa and diluting African Minerals down to (now) 65%. Consequently CLIO own 35% in Marampa which itself owns 11.6% of CLIO. CLIO therefore has a 4% indirect interest in itself! |
Posted at 14/10/2008 15:33 by ppowerscourt Excerpt from 2nd Oct. RNS: In accordance with the ASX Listing Rules, the timetable applicable for the return of capital and dividend is outlined below: Event Date Announcement of Dividend and Return of Capital 2 October 2008 Effective Date 14 October 2008 Trading in Shares on ASX starts on an "ex return of capital 14 October 2008 basis" and "ex dividend basis" Record Date 20 October 2008 Payment Date and Dispatch Date 24 October 2008 As outlined above, the record date for these payments will be 20 October 2008, which the Board believes will provide Option holders wishing to take part in the return of capital and receive the unfranked dividend sufficient time to convert their options. The capital return cash distribution and dividend payment will be made to Shareholders on 24 October 2008. The Company via its share registry, Computershare Investor Services Limited, has sent information requesting tax file number notification to all registered Shareholders and we ask that these documents are completed and returned as soon as practically possible. The Board has determined that the total payment (capital reduction cash distribution and dividend payment) to be made to Shareholders comprises approximately: * Return of Capital 31.25% * Unfranked dividend 68.75% It is determined that the total payment (as at 2 October 2008) is approximately A$0.227 per share, however, the final payment per share will not be known until the record date. ==================== So anyone buying in today will not get the special return of cap. and divi payments. Right? |
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