Sovereign Share Discussion Threads

[squiresquire] 16/3/2016 09:51

Nothing to do with the acreage, read this from the company late last year, both
these guys put in cash of £100,000 and £150,000. Have you looked at their CVs?

Now if you want real company makers these guys are it.......

The Company is pleased to announce the appointment of Giles Clarke as Chairman and Rupert Fraser as a non-executive Director of the Company with effect from completion of the Subscription, which will be on Admission of the subscription shares to trading on AIM. David Pearl will step down as a director with effect from completion of the Subscription after serving as the Company's Chairman since its inception. Jan Nelson will also step down as a non-executive director of the Company with effect from completion of the Subscription.

Giles Clarke is currently Chairman of Amerisur Resources plc (AIM: AMER) and Westleigh Investments Holdings Limited and Non-executive Chairman of Ironveld plc (AIM: IRON) and Kennedy Ventures plc (AIM:KENV). He began his career as an investment banker with Credit Suisse First Boston before successfully establishing, building and selling a number of high profile businesses including Majestic Wine, Pet City plc and Safestore plc. Giles is President of the England and Wales Cricket Board and is Chairman of several private organisations.

Mr Fraser is currently a non-executive director of Ironveld plc (AIM: IRON) and has over 20 years of experience in the investment banking industry. Rupert was a founding partner and the senior managing director of Kildare Partners, was a director of Farleigh Associates and was head of Equities at Evolution Securities from 2009 to 2011, prior to which he spent 16 years at Dresdner Kleinwort, where in 2005 he was appointed Managing Director, Global Head of Equity Distribution.

[newkid] 11/2/2016 14:55

With gold on the up maybe there is life here after all.

[mister md] 22/1/2016 12:10

3.5m delayed buy today - nice

[mister md] 13/1/2016 11:15

Giles Clarke, Chairman designate said:

"I am pleased to be joining the Board alongside Rupert Fraser. We have invested in the business to provide it with additional funding. We plan to conduct a strategic review of the Company's assets and activities with a view to enhancing shareholder value and will outline our vision and strategy for the business in the weeks ahead. Our plans for the business may involve the pursuit of an acquisition which would trigger a reverse takeover under the AIM Rules."



Must be a few good target opportunities out there at the moment ?

[hjfe] 06/1/2016 10:43

INFT is next this morning!

[wheelds] 04/1/2016 04:00

It is clear that the price of Gold reflects the value of the US Dollar.
In the last 4 years as the US dollar index has risen the price of Gold as declined.
When the US dollar falls the price of gold rises.
Makes common sense really,
And if you look at our own chart you will see the same thing.
Now lots of other factors also effect the share price of different companies;
So, on top of the Ebola crisis now said to be over in Guinea, if this year the value of the US dollar also starts to fall, then 2016 should be a good year for the share price of SMA. IMHO

[wheelds] 04/1/2016 03:27

It is clear that the price of Gold reflects the value of the US Dollar.
In the last 4 years as the US dollar index has risen the price of Gold as declined.
When the US dollar falls the price of gold rises.
Makes common sense really,
And if you look at our own chart you will see the same thing.
Now lots of other factors also effect the share price of different companies;
So, on top of the Ebola crisis now said to be over in Guinea, if this year the value of the US dollar also starts to fall, then 2016 should be a good year for the share price of SMA. IMHO

[sigora] 01/1/2016 16:50

happy new year bumpa hope your well mate

[wheelds] 30/12/2015 17:13

SMA looks good investment to me:-
(1) News last night stated Ebola crisis over in Guinea.
(2) Company just raised plenty of cash with executives contributing;
(3) New Prime minister of Guinea intends to encourage more investments in country and he is executive head of a mining in the country.
And today share price rose on all the good news and hopefully will keep on rising to Pre Ebola crises days and Pre civil unrest days has the Prime minister states he now intends to increase employment and investments in country.

[mally6] 24/12/2015 08:31

Bought at 0.10 overvalued now but has potential depending on news

[h2owater] 24/12/2015 08:12

" The chairman and bought £100,000 worth of shares in the West African gold explorer."

100,000,000 shares bought

That's confidence!

[h2owater] 24/12/2015 08:07

The Independent

Market Report: FTSE 100 gets some Christmas cheer

Jamie Nimmo 5 hours ago

On the junior Aim market, Sovereign Mines of Africa more than doubled, rocketing 0.165p, or 122 per cent, to 0.3p, after the former England Cricket Board chairman Giles Clarke, best known in business for turning Majestic Wine into household name, became chairman and bought £100,000 worth of shares in the West African gold explorer.

[sigora] 23/12/2015 20:13

by the way whatever happened to that poor chap bonkers 99 ?

[sigora] 23/12/2015 16:28

mery xmas my friend to you to ive made enough to buy me ant the good lady an ice cream today lol

[sigora] 23/12/2015 15:18

rude not to

[sigora] 23/12/2015 15:17

bumpa ole chap im sure you have made a few pennies on here today lol

[bumpa33] 23/12/2015 15:13

blimey, i bet All Mass Cladding Systems et al are well miffed their dude has upped his current directorships to 746.

[h2owater] 23/12/2015 15:10

De rampers filtered!

---------------------------------------------------------------



Charles Giles Clarke, aged 62

"We plan to conduct a strategic review of the Company's assets and activities with a view to enhancing shareholder value and will outline our vision and strategy for the business in the weeks ahead. "

Charles Giles Clarke, aged 62

Current directorships

Previous directorships (past 5 years)
Amerisur Resources plc
ATL Telecom Limited
Clark Clay Industries Limited
Designspin Limited
Edvectus Limited
England and Wales Cricket Board Limited
Fosters Rooms Limited
International Cricket Council
Ironveld plc
Kennedy Ventures plc
M J Associates Limited
RAM (102) Limited
The Boston Tea Party Group Limited
The Boston Tea Party Limited
West Country Business Systems (Holdings) Limited
West Country Business Systems Limited
Westleigh Investments Holdings Limited

All Mass Cladding Systems Limited
Clifton Down Charitable Trust Limited
England and Wales Cricket Trust
Pure Wafer International Limited
Pure Wafer plc
RAM 106 Limited
The Pure English Alpaca Company Limited

[h2owater] 23/12/2015 13:51

And Sovereign Mines of Africa saw its shares more than triple, jumping 214 per cent or 0.29p to 0.425 on news of two board appointments, including a new chairman and as it raised £500,000 through a share subscription agreement at 0.1p a share.

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