China Africa Share Discussion Threads

[soulsauce] 30/5/2020 17:02

Does this mean anything for our useless shares?

[keya5000] 30/5/2020 12:59

The fund has been authorised to buy the Namibian lead and zinc mine, whose main shareholder went into liquidation in 2018.
The Namibian Competition Commission has greenlit Ibaera Capital Fund's acquisition of the lead-zinc and vanadium mine Berg Aukas. Ibaera, an equity funded exploration and project development company based in the Caiman Islands but managed from Australia, submitted its request to purchase the site on November 1. The Commission's consent for the acquisition does come with one condition however: the national water distribution board NamWater must continue to source water from Berg Aukas.

The transaction spells good news for Simon Kirkhope and Andrew Johnson, both senior managing directors of the Corporate Finance & Restructuration practice at FTI Consulting¸ which has been looking for a taker for Berg Aukas since mid-2018. The two restructuration specialists were appointed as administrators of Weatherly International to wind up this company, which had acquired a minority stake in Berg Aukas in 2011 before taking control of the site in early 2018 (AMI 385).

Ibaera's acquisition of Berg Aukas comes as part of strategy to build a portfolio of projects in exploration or development. In November, the equity fund purchased Azumah Resources, operator of Ghanaian gold mine Wa in which Ibaera has held a share since 2017 (AMI 435). It also picked up several gold and copper projects in Serbia in January.

[keya5000] 30/5/2020 12:54

The fund has been authorised to buy the Namibian lead and zinc mine, whose main shareholder went into liquidation in 2018.
The Namibian Competition Commission has greenlit Ibaera Capital Fund's acquisition of the lead-zinc and vanadium mine Berg Aukas. Ibaera, an equity funded exploration and project development company based in the Caiman Islands but managed from Australia, submitted its request to purchase the site on November 1. The Commission's consent for the acquisition does come with one condition however: the national water distribution board NamWater must continue to source water from Berg Aukas.

The transaction spells good news for Simon Kirkhope and Andrew Johnson, both senior managing directors of the Corporate Finance & Restructuration practice at FTI Consulting¸ which has been looking for a taker for Berg Aukas since mid-2018. The two restructuration specialists were appointed as administrators of Weatherly International to wind up this company, which had acquired a minority stake in Berg Aukas in 2011 before taking control of the site in early 2018 (AMI 385).

Ibaera's acquisition of Berg Aukas comes as part of strategy to build a portfolio of projects in exploration or development. In November, the equity fund purchased Azumah Resources, operator of Ghanaian gold mine Wa in which Ibaera has held a share since 2017 (AMI 435). It also picked up several gold and copper projects in Serbia in January.

[vivgav] 10/4/2017 07:23

Nice RNS to start life under PERE......(see new thread)

[xcap] 10/4/2017 07:22

Pretty heavy weight appointments Looks like CEO taking the role seriously and building a substantial company

[mike_f] 10/4/2017 07:09

Another great appointment to add to the already very impressive BoD!

[soulsauce] 09/4/2017 18:34

Agree vivgav sounds like we will have another few experts joining this week.

[vivgav] 09/4/2017 17:13

Should be an interesting week ahead. Tip TV, PERE, further news??

[soulsauce] 08/4/2017 09:21

Thanks vivgav.

Wonder who the new guys will be, suspect we will hear this week.

[soulsauce] 07/4/2017 22:38

It's ok got it and I will just say wow!!.

Looks like I am going to have to load up in my sipp seems the perfect investment.

Great to put a face to the name, looks a very smart cookie.

[soulsauce] 07/4/2017 22:16

Got the link vivgav?

[vivgav] 07/4/2017 22:01

No coal or Iron ore......Gold?
More to join the team soon.

[vivgav] 07/4/2017 20:56

See TIP TV interview.....looks very promising.

[letmepass] 07/4/2017 15:47

Doh not quite

[letmepass] 07/4/2017 15:46

Compare.? Its a shell at the moment.

[scotty666] 07/4/2017 14:55

Compare this to the likes of URU and we should be much much higher. All in good time I guess but welcome news.

[letmepass] 07/4/2017 14:51

Resistance at 3 hopefully will become support

[vivgav] 07/4/2017 13:44

In here for the Quality of the BOD.

[comedy] 07/4/2017 13:12

largest volume in a while...think derampers arrived on lse...so looks like guys want to get the stock?:)

[comedy] 07/4/2017 13:04

lol just read lse...some guys dont even do any research...they sell at the time when co. on cusp of paradigm shift???this has got £100mill mcap written alll over it with a 2 to 3 year timeframe.

[comedy] 07/4/2017 12:58

finally moving to next level:0)

[letmepass] 07/4/2017 12:45

Haha good one

[dreamtwister] 07/4/2017 12:43

bloodydam this will move quick lol ok rerate better to buy ay 4ps than 5pps

[letmepass] 07/4/2017 12:35

Thanks dreamer but 3 has long gone