Zambezi Resources Share Discussion Threads

[hifkdmer] 28/6/2007 21:58

does this list in OZ tonight or on Monday?

[tasciovanus] 28/6/2007 12:41

I note on the ASX website that date of float for ZRL is still quoted as 'to be advised'.

[borderriever] 28/6/2007 12:11

Thought there would be a hell of a lot more chatter here in respect of th Asx float?
Looking forward to monday.

[ramnik007] 28/6/2007 07:18

Less than 24 hrs before more share price action! Fingers crossed

[porker] 24/6/2007 09:15

40p in short term???

[sagem] 24/6/2007 09:07

VERY UNDERVALUED COMPANY WITH HUGE POTENTIAL PLUS NEW OZ LISTING :-

Zambezi's $15m IPO closes oversubscribed
Sunday Jun 24 14:45 AEST

London-listed metals explorer Zambezi Resources Ltd will make its debut on the Australian share market this week after closing its heavily oversubscribed $15 million initial public offering.

The offer consisted of 33.3 million shares at 45 cents each and the company says it closed more than three times oversubscribed, amid high demand from Australian institutional and retail investors.

It will list on the local exchange on June 29 and then plans to pursue a two-year exploration and development program in its project portfolio in southern Zambia.

"This will be a very busy year for us, with four drilling rigs already operational at our flagship Cheowa Copper Project in Zambia," managing director Julian Ford said.

"Additional rigs have been secured and we expect to have somewhere between seven and nine rigs operational within the next few months."

Zambezi has 16,300 square kilometres in tenements, primarily in southern Zambia, comprising copper-gold and uranium projects.

It also has joint ventures on two of these projects with Glencore International AG and a joint venture with its 35.3 per cent-owned sister company Zambezi Nickel Ltd for its Oryx Uranium Project.

But the key focus will be its flagship Cheowa Copper Project, which has an initial inferred resource estimate of 1.7 million tonnes at 1.5 per cent copper and 0.5 grams per tonne of gold, for 26,000 tonnes of contained copper metal and 29,000 ounces of contained gold.

[umair] 22/6/2007 10:16

ASX listing date is anticipated to be 29th June according to the prospectus.

[ramnik007] 21/6/2007 07:53

It is likely to be any time between 19th and 29th as far as I know. The date is dependant on how quickly the ASX manage to process the paper work. Apparently the ASX is swamped with IPOs and is struggling to cope with the paper work.

[tinvan] 20/6/2007 22:36

They definitely said the 19th, but I don't think it's trading yet. No price info. on the ASX

[twosmiles] 20/6/2007 22:23

The news item said 19th but it previously said 29th...

[porker] 20/6/2007 18:33

Is the ASX listing 29th? . I don't think it was yesterday as the header suggests. Took a position during the week as part of UMN distribution of profits.

[madhouse3] 19/6/2007 18:19

people sell to make a profitand the last two days has been magnificent so dont complain when people sell,,,the long termers are the ones that will make a huge profit..60p to a pound by xmas easily , so hold on the rocket has not quite been lit yet ,,,imho,,dyor,,,,huge potential...

[papillon] 19/6/2007 17:18

devpatel, don't go by advfn to determine whether a particular trade is a buy or sell. Its unreliable.

[devpatel] 19/6/2007 14:32

asmagliocco, i totally agree especially when the company says the offer period was closed after 2 days, and was 3 times oversubscribed.
suspect also its the MM are toying to get cheap stock, buys being reported as sells...one will never know.

[asmagliocco] 19/6/2007 12:10

Sp dropping this morning but why sell before seeing how the debut trading in Australia goes?

[hattori_hanzo] 18/6/2007 15:19

Yeah! The CHL thread was a nice, quiet, informative thread...until last friday!

The price of success.

[5dally] 18/6/2007 15:19

Fine by me Mad jack

[mad jack mcmad] 18/6/2007 15:17

Let's keep it that way, mate. CHR and GGG threads have been ruined!

[5dally] 18/6/2007 15:16

Doing very nice today,,,,,,,,quiet thread though

[madhouse3] 18/6/2007 13:38

nicebut ,,,cant see your 3 x 200000 what time did u buy??????

[madhouse3] 18/6/2007 13:34

zrl are listing on the ausy stock exchange on the 19th asfx 14/06/07

[bramwell] 18/6/2007 11:48

This might help
Zambezi Resources Limited

Proposed ASX code: ZRL

Proposed listing date: 29 June 07#
Company contact details www.zambeziresources.com
ph: 61 8 9216 9000
fax: [phone]
Principal Activities copper, gold and uranium exploration
GICS industry group not yet allocated
Issue Price 45 cents per ordinary share
Issue Type equity
Security code ZRL
Capital to be Raised $15,000,000
Expected offer close date 19 June 2007
Lead Manager Carmichael Capital Markets Pty Ltd
Level 11
77 St George's Terrace
Perth WA 6000
ph: 61 8 9263 5200

# Listings dates are proposed dates for first quotation of securities set out in the entity's prospectus or information memorandum. You may not rely on this information in any way.
## Listing dates are anticipated dates for first quotation of securities set by ASX following completion of admission procedures. However, they are subject to change without notice and you may not rely on this information in any way.

[madhouse3] 18/6/2007 10:32

galeav as far as i know they start trading on 19th ,,correct me if i am wrong