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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Kiwara | LSE:KIW | London | Ordinary Share | GB0007702953 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 77.50 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
08/5/2008 16:10 | nice breakout....bodes well imo:-)) | pre | |
08/5/2008 08:10 | This is very good news indeed:-))) Iron Ore JV RNS Number:9281T Kiwara PLC 08 May 2008 JSE - KWR AIM - KIW ISIN - GB0007702953 8 May 2008 KIWARA PLC ('Kiwara" or the "Company') Kiwara negotiates Iron Ore JV Kiwara, the Zambian based mining exploration Company, is pleased to announce that Iron Ore, historically identified in the Kalumbila area now forms part of its joint venture agreement with LM Engineering Ltd. Kiwara will pay LM Engineering US$100,000 to add Iron Ore to the joint venture, which currently includes copper, nickel, cobalt, uranium and platinum group metals (PGMs). Highlights: * Iron Ore now integral to the Kalumbila joint venture * Kalumbila concession is known to host significant areas containing Iron Ore. Historic results indicate grades in excess of 60% Fe * The licence area includes large unexplored targets for Iron Ore Previous work done on the concession relating to Iron Ore During the early 1970's, the Yugoslavians targeted what is now the Company's Prospecting Licence 267 area in the Kabompo region of north west Zambia as the source of Iron Ore for their proposed steel mill. This area is known to contain a large number of discrete Iron Ore outcrops with grades ranging between 57% and 69% Fe. The original Prospecting Licence 267 issued to LM Engineering included Iron Ore, in addition to Copper, Nickel, Cobalt, Uranium, PGMs and limestone. However, the original joint venture between Kiwara and LM Engineering excluded both Iron Ore and limestone for which LM Engineering retained the option to develop independently. Kiwara and LM Engineering have entered into an agreement whereby Iron Ore is now included on the same terms as the original agreement. In consideration for this inclusion of Iron Ore, Kiwara will pay LM Engineering Ltd a total of US$100,000 in three instalments payable as follow: US$50,000 immediately, US$25,000 on 31 August 2008 and US$25,000 on 31 March 2009. The Kalumbila joint venture is currently owned 20% by LM Engineering, 5% by Kashengeneke Ltd and 75% by Kiwara's Zambian subsidiary Kiwara Resources (Zambia) Ltd. Following Kiwara's expenditure of US$2,200,000 the Company has the right to an additional 5%. Colin Bird, Chairman of Kiwara plc, commented: "It is well established that the region is highly prospective for Iron Ore. The decision by LM Engineering to include Iron Ore in the JV is a further indication of the strength of team work and common direction of the partners. "The inclusion of Iron Ore has the potential to significantly enhance shareholder value and it is the Company's intention to commence exploration on the Iron Ore targets as soon as is reasonably possible". For further information, please contact: Kiwara Plc Tel: +44 (0)207 581 4477 Colin Bird, Chairman Peter Vivian-Neal, Chief Executive Officer Tel: +260 (0) 211 293899 Investec Bank, Johannesburg Robert Smith Tel: +27 (0) 11 286 7326 Investec Bank (UK) Limited Tel: +44 (0) 20 7597 5000 Gerard Kisbey-Green / Jan Bosch Bishopsgate Communications Ltd Tel: +44 (0)20 7562 3366 Nick Rome This information is provided by RNS The company news service from the London Stock Exchange END | pre | |
16/4/2008 22:14 | Does anyone hold this in an ISA..... Been told by my broker it can't go in because its AIM. .. I thought it could once it was duel listed. | pollysmate | |
28/3/2008 15:48 | Wow..dual listing on JSE.....excellent news....looks like peeps are still asleep...rns just releases this afternoon:-)))) | pre | |
26/3/2008 20:56 | next leg up commencing by the looks of things... | pre | |
09/3/2008 17:14 | the calm before the storm..board changes happening, positive drilling update bodes well:-)) | pre | |
21/2/2008 09:36 | interesting extract from the above.... "The Company is pursuing an aggressive exploration programme with objective of enhancing shareholder value". Additionally, they refer to the potential of near surface copper mineralisation....th | pre | |
21/2/2008 08:35 | Drilling Update RNS Number:4148O Kiwara PLC 21 February 2008 21 February 2008 KIWARA PLC ('Kiwara" or the "Company') Drilling Update The Board of Kiwara, the Zambian based mining exploration Company, is pleased to announce a significant drilling result on its base metal target at Kalumbila which confirms both the Company's preliminary results and initial optimism. Highlights: * Bore Hole L27 assayed 0.59% Copper over 224m * A specific zone assayed 1.02% Copper over 96m Core Drilling Update: The Company drilled bore hole L27, 50m north and down-dip of their Reverse Circulation bore hole LR3 (which reported on 29 January 2008, 36m intersection of 0.66% Copper from 24m, and includes a 3m intersection of 1.33% Copper from 33m). The results of bore hole L27are: Intersection From metres To Interval metres %Copper %Cobalt metres Total 38 262 224 0.59 0.04 Including 178 217 39 1.25 0.024 Including 225 236 11 1.35 0.021 Including 243 257 14 1.24 0.017 The Company continues its exploration programme at Kalumbila with the objective of extending the strike and confirming the proximity to surface of the copper mineralisation. The assays of the core samples from this bore hole were carried out by Alfred H Knight of Kitwe, Zambia an internationally accredited laboratory (SANAS, UKAS, QMS) Colin Bird, Chairman of Kiwara plc, commented: "These impressive results certainly justify our previous comments with regard to the potential for near surface copper mineralisation at Kalumbila and the potential for a bulk mining target. The Company is pursuing an aggressive exploration programme with objective of enhancing shareholder value". For further information, please contact: Kiwara Plc Tel: +44 (0)207 581 4477 Colin Bird, Chairman Peter Vivian-Neal, Chief Executive Officer Tel: +260 (0) 211 293899 Investec Bank (UK) Limited Tel: +44 (0) 20 7597 5000 Gerard Kisbey-Green / Jan Bosch Bishopsgate Communications Ltd Tel: +44 (0)20 7562 3366 Nick Rome This information is provided by RNS The company news service from the London Stock Exchange END | safman | |
11/10/2007 17:53 | news released, after the bell. and good news at that, one to watch in the morn!! | giantpeach2 | |
11/10/2007 12:22 | any buys pushing this higher, will leap very soon! | giantpeach2 | |
08/10/2007 20:39 | Not sure Giant, but farely confident some results are due soon. Someone building a position here. Keep with it, will fly on any good news... | keepitup | |
02/10/2007 20:44 | I dipped in with 10,000 at 25p after the spike, so feeling better too. whens results due then keepitup. | giantpeach2 | |
02/10/2007 12:57 | Any buying will push this further very quickly, can sell 12 times the NMS online! Seem to be very hungry for stock. | keepitup | |
01/10/2007 22:47 | giant whats your position here? what price did you get in at? i got caught on the initial spike but feeling much better now, patience and all that. im long term here as it looks very promising, not much stock about as its being held for at least a year and looking forward to the test results which are due and have a gut feeling they are better than expected. millions upon millions of potential resource here and a good director. | keepitup | |
28/9/2007 18:43 | 30k was a roll over but certainly looks like something is brewing, possibly a new find or a substantial confirmation of existing resources. Or perhaps big buyer taking a position. Either way we might see an rns coming. Fingers crossed. | keepitup | |
28/9/2007 16:02 | i smell an rns | giantpeach2 | |
27/9/2007 18:19 | more buying, nice, keep watching!! | giantpeach2 | |
26/9/2007 19:36 | Yes looks interesting, maybe they hit the expected copper seem....? DYOR ;) | keepitup | |
26/9/2007 18:57 | steady buying over the last few days, keep watching!! | giantpeach2 | |
23/8/2007 21:25 | thats interesting someone sells 60 shares and we get a tick up!!!! anyone got 10000 they want to sell, PLEASE!! | giantpeach2 | |
22/8/2007 18:41 | Wayoutwest we meet again! "22nd August 07 Wadharma rides again as Kiwara Resources Colin Bird's latest vehicle in Zambia has been exciting investors within days of reversing into a cash shell." | aim_trader | |
22/8/2007 14:01 | Any particular reason? or just enthusiasm. | bema | |
20/8/2007 10:55 | 30p here we come.... | keepitup |
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