RAB Special Situations Company Share Discussion Threads

[rambutan2] 04/4/2006 23:57

everfor diamonds - 28.66% stake...

[trader horne] 04/4/2006 16:40

the pace is picking up nicely

[dunnie] 31/3/2006 19:03

The NAV was up 5.03% at the last count so it's done about 7% this week.

RAB Special Situations NAV Estimate at
30-Mar-06 Month to Date
Performance Change
RAB Special Situations Fund ($) 2903.82 +11.82%
RAB Special Situations Fund (€) 2810.83 +11.57%
RAB Special Situations LP N/A +11.82%

[dunnie] 24/3/2006 08:09

Pan Pacific Aggregates is up over 40% today,N0 5 in RSS top holdings.

Major Shareholders
RAB CAPITAL LIMITED 11,950,000 18.80
DEUTSCHE KAPITAL GRUPPE 11,000,000 17.31
SUMMER HILL VENTURES LIMITED 6,087,766 9.58
BEAU TERRA MINERALS INC 4,000,000 6.29
NICHOLSON D ESQ 3,400,000 5.35
* major shareholder data from 24/01/2006

Broker

[trader horne] 23/3/2006 22:22

ramb, I think RSS owns 10% of Minco, the biggest UK miner in silver

[rambutan2] 22/3/2006 12:50

couldnt see it on the latest one, but will double check.

[dunnie] 22/3/2006 12:48

rambutan,if you check the newsletters on the website it gives a breakdown.
Regards

[rambutan2] 22/3/2006 12:44

how much rss got in silver?

[dunnie] 22/3/2006 12:32

Gladstone Pacific Nickel is up over 5.7% today and over 40% year to date,this stock has been described as "more potential than Asia Energy",AEN went from 75p to 60p before hitting over 10.00 in it's hey day.Currently No 4 in RAB's top 5 holdings.

[dunnie] 22/3/2006 09:33

Amur Minerals Corp Holding(s) in Company
RNS Number:8699Z
Amur Minerals Corporation
15 March 2006

15th March 2006

Amur Minerals Corporation
("Amur Minerals" or the "Company")


Amur Minerals (AIM:AMC), the nickel copper exploration company with assets in
far east Russia, announces that upon Admission, and having raised approximately
#4.1 million gross, the following shareholders held more than 3% of the total
Ordinary Shares in the Company:


Shareholder % held on Admission
RAB Special Situations (Master) Fund Limited 11.60
Foxley Associates Ltd 9.19
Anturium Resources SA 8.11
Polar Star Capital Ltd 8.11
Resource Investment Group Inc. 8.11
Lesing Venco Limited 5.04
Vostok Fund LP 4.02
East Capital Asset Management AB 4.02
Bordier & Cie 3.87
Anouska Trust 3.50
RAB Energy Fund Limited 3.06
Iverta Limited

[dunnie] 22/3/2006 09:30

exmooroil,i know RSS are involved in the flotation of St James Place Mining and Finders Resources this week but as you say the "much mooted" Uranium IPO's have gone quiet.
Regards

[exmooroil] 22/3/2006 09:11

dunnIE,

What has become of the large Uranium IPOs that RAB was mooted to be involved with bringing to the AIM towards the end of 2005?
KAH is small by comparison.

Regards.

[Abuse team] 21/3/2006 16:01

Post removed by ADVFN

[ramillar] 21/3/2006 15:32

Thanks, exmooroil, for that information.

[exmooroil] 21/3/2006 12:01

Ramillar, re RAB Special Situations FUND - closure to new capital:

As a subscriber to RAB Special Situations FUND, the underlying FUND in which RAB Special Situations plc (RSS) is invested, IMO I do not see a problem, because the approx $1bn FUND will continue to conduct its investment programme, taking profits on the way, and re-investing, in the best interest of its subscribers - which is to grow the net asset value of the FUND. RSS simply rides on the back of this performance. When, probably rather than if, the 20m RSS "A" warrants are exercised on 31 May, the injection of at least £23m of capital into RSS will presumably in turn be invested in the FUND.

The notice period for redemption for Special Situations FUND subscribers is 180 days following the next quarter day, ie minimum 180 days, maximum say 270 days, so IMO it is highly improbable that closure to new capital will precipitate redemptions. The "assets in the strategy" published monthly certainly show no signs of outflow, after adjusting for increase in NAV, probably the opposite in fact.

I do not think that the decision to close the FUND to new capital is irreversible. All IMO.

Do other contributors agree with these comments?

Regards.

[rambutan2] 21/3/2006 00:05

pg16 of the admission doc: "currency hedging will be used by the investment manager in an attempt to ensure that the value of the company's portfolio is not diminished by adverse movements in currencies."

[Abuse team] 20/3/2006 19:01

Post removed by ADVFN

[ramillar] 20/3/2006 18:59

If this is being closed to new investors in April, what does this mean for current holders? Answers please...

[Abuse team] 20/3/2006 17:59

Post removed by ADVFN

[rambutan2] 20/3/2006 17:31

hmmm. that's got me. later tonight i'll recheck the admission doc. but am sure that some sort of hedge in place against dollar.

[exmooroil] 20/3/2006 15:46

rambutan2,

Under note 20 of the accounts published today, RSS clearly states that the company does not hedge against the movement in forex rates.
This appears to be at variance with the admission document as you advised earlier. Can you confirm this?
Regards.

[dunnie] 20/3/2006 08:28

New High for the NAV,

Asset Value(s)

RNS Number:0314A
RAB Special Situations Company Ltd
20 March 2006

RAB SPECIAL SITUATIONS COMPANY LIMITED (the "Company")



The Directors today announce that the estimated Basic Net Asset Value per
Ordinary Share based on the estimated value of the RAB Special Situations Master
Fund provided by the Investment Adviser as at 16 March 2006 was 152.51 pence.
This has not been adjusted for any potential warrant exercise dilution.


Enquiries to: Collins Stewart Fund Management Limited
No 1 Le Truchot
St Peter Port
Guernsey GY1 4AE