Gvm Metals Share Discussion Threads

[gardenboy] 19/1/2007 21:08

GVM Metals now owns 100% of NiMag Limited , an alloy and fibre manufacturer based in Magaliesburg near Johannesburg in South Africa. Nimag supplies approximately 40% of world demand for nickel magnesium ferro-alloys. Due to the weakening of the Rand and the rising price of nickel, the company's profits are considerably improving.

GVM's intention is to pursue investment opportunities in both the mining and metal processing industries and in Feb 07 announced plans to buy Kelso Mining whose principal asset is an interest in the giant Mooiplaats coal project also in South Africa. Kelso also owns the Itawes nickel project located in the northern Mindanao province in the Philippines.

The company is also involved in the development of an underground coal mine(Holfontein project) and two open-cut coal mines (Limpopo and Baobab projects) in South Africa. The Holfontein project is located in the Witbank coal fields and the Baobab and Limpopo projects are located in the Limpopo province.
Based on previous work undertaken by Utah Mining, Kumba and others, the total coal resources controlled by GVM are considered to approach 2 billion tonnes.

The company has set out to define this massive amount of coal into JORC category.

Their other targets include bringing Holfontein(1.2 mtpa) & Mooiplaats(4.5 mtpa) into production and to complete a BFS on the first Limpopo mine.

Shares in issue as of 31/7/07 are 207.7m with 21.8m options.






GVM Metals website :

Nimag website :









Aggressive coal growth for GVM Metals
30/11/06



Asia Energy Takes GVM Stake in Coal Tie-Up
21/12/06







Mirabaud Report June 07 - valuation 103p

[seagreen] 19/1/2007 09:57

I think the MM's thought I was going to sell my shares on a T20 rather than buy them in I am in for the long term...ROLMFAO see you at a 2 quid

[crimeprotection1] 08/1/2007 16:23

Haa haa this is hilarious, just sold 2500 shares, bit strapped for cash thats all(still holding 15k though)and the bid immediately drops to 18p, 2500 shares I ask you, £500 quid, who are they kidding! Can you imagine what would happen if there was any major buying??

[gardenboy] 21/12/2006 20:10

Simon Farrell, chief executive of GVM, hopes that the company could be a 10 million tonne producer in the next five years,

[crimeprotection1] 21/12/2006 14:05

Umm, AEN are certainly making provisions for that occurance, which I think personally could be very likely, obviously not wanting to wish any hardship on AEN investors!

[crimeprotection1] 21/12/2006 09:31

Well well well, AEN are involved afterall!! Up another 6% in aus!

[crimeprotection1] 20/12/2006 12:00

Too right its our little secret, it has been for ages!! Could this be a mini AEN before the complications??

[seagreen] 20/12/2006 09:49

Worth reading the announcement in Oz, I see on the second page all be it conceptual there could be 500M to 1BN tonnes of coal

[seagreen] 20/12/2006 09:38

shhh Crime its our little secret...joined yesterday when it was suspended in ASX 8-)

[crimeprotection1] 20/12/2006 09:28

Closed up 23% on ASX on the back ot the news of the completed aquisition! No change here, no trades, this may change later today, not even sure the mm's even look how the company performes on ASX (its base), there always seems to be a delay on any movement on LSE, suppose we will see!

Any interest out there??

[crimeprotection1] 19/12/2006 13:14

Someones just taken advantage of being able to still trade a suspended stock with a 25k purchase at full offer!

[crimeprotection1] 19/12/2006 12:08

Just checked with my broker, company still trading on LSE, mm's havent been instructed by company to suspend the shares from trading on LSE and mm's arent too concerned given the fact that its only a 500 share market with hardly a trade in site!! At a guess and its only a guess, suspension will be something to do with the Johanansberg listing!

[andrbea] 13/11/2006 13:54

10/11/06 14:11 19.5 150,000 O 17.0 20.0 Buy

13/11/06 14:11 19.5 150,000 L 0.0 0.0 ?


The 2.11hrs buyer... :-)

[andrbea] 13/11/2006 08:56

up 5% down under

[andrbea] 10/11/2006 16:39

the full quarterly report (Oct 30) can be downloaded (pdf) from

[andrbea] 10/11/2006 16:24

16:17 18.5 175,000 T 17.0 20.0