We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Zambezi Res | LSE:ZRL | London | Ordinary Share | BMG988411028 | 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% | 1.25 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
04/9/2008 10:42 | Well at least they have something big with Kangaluwi. Can they translate this into shareholder value right now? It's over 40km to Rufunsa and 100km to the grid once Kafue Lower is build. After 2015 for certain. On the plus side the 400Ktpa NFCA Chambishi smelter and Glencore's Isasmelt at Mufulira need sulphides for sure. 40Mt at 1% is too small, they absolutely need over 100Mt to get some market recognition. Possibly only then they will JV the Kangaluwi project. Just an opinion, I'm new to the Zambian belt. Although if somebody needs some info for DD: Zambian Copperbelt (Beta, 333 mining related placemarks) Google Earth: zoom in on Zambia and enter ZRL for 23 ZRL placemarks Open a dot and click on 'Zambian Copperbelt' for the whole mining bunch And zoom-in again to avoid a headache LOL | vanbrussel | |
04/9/2008 09:01 | Apparently only 1/8 of Rights Issue taken up. Not surprising. " The directors now hold the right to place the shortfall of 28.6 million shares within three months of the closing date. The company said any such placement will be undertaken at the same issue price. " - WA Business News Doubt they will get it. Ford has blown it, too operationally focussed. Still there is a lot of value in ZRL. Best option now IMHO is to seek a sale of the company. | skyracer | |
04/8/2008 11:48 | I guess todays news was to be expected! Anyone else noticed the bizarre changes in the top shareholders lists? Moving on from here then I guess the only way of seeing any real shareholder value is via a take over. ZRL continue to state they have the competitive edge in Zambezi but they dont seem to be able to capitalise on it! Any views anyone? | cuzy | |
31/7/2008 22:00 | You mean that freebie share that is not really a freebie has not won you over?? | cuzy | |
31/7/2008 18:26 | yet another of my shares confined to the bottom drawer. Why oh why did I not get out a year ago? | ralphcoral | |
31/7/2008 13:48 | Hyper Al, the suggestion seems to be that with the additional funds raised they can independently take Kangaluwi all the way to production without giving any of it away, and in their view it is worth alot!! But of course it is... I have been on this journey with ZRL for some time now and it has been pretty bumpy. Not sure if I want to ride out anymore of the bumps. Ford has continually made promises which have failed to materialise, and like most in this sector failed to achieve any shareholder value!! Time to reconsider this one along with a few others!! | cuzy | |
31/7/2008 08:05 | Never before seen a company rule out a JV in an RNS, amazing! Quote from todays RNS at "The Directors consider that, given the potential of the Kangaluwi discovery, it is in shareholders' interests to maintain 100% of the project rather than joint venturing with others." OK, I could understand that it may not be an appropriate time for a JV, but I think the above comment appears to me so negative, because it does not explain why a JV is not in shareholders' interests. | hyper al | |
31/7/2008 07:54 | rights issue at 6p: down we go... | moniclub | |
28/7/2008 15:28 | Anyone here going to the AGM? | cuzy | |
14/7/2008 08:04 | Have they drilled any of the radiometric anomalies? The graphitic shales extend over a long strike length, and they are now mapped, but surely they should have looked in more detail around the radiometric anomalies to see what association, if any, exists between the shales and high radiometric values before completing the shale mapping. | hyper al | |
14/7/2008 07:29 | Uranium Joint Venture Update RNS Number : 9623Y Zambezi Resources Ltd 14 July 2008 14 July 2008 Zambezi Resources Limited ("Zambezi" or "the Company") Uranium Joint Venture Update * VTEM survey on Rio Uranium JV highlights electromagnetic conductors in regional shear zone over 30 kms strike length * Conductors associated with interpreted graphitic shale and uranium anomalism evident in radiometric data * Preliminary geophysical modeling completed * Trenching, geological mapping, PIMA survey and drilling to commence in Q3 2008 * ZRL and Rio agree to expand JV area to incorporate newly identified prospective area Zambezi Resources Limited ("Zambezi" or the "Company") (AIM: ZRL; ASX:ZRL) today announces progress on its Uranium Mineral Rights joint venture with Rio Tinto in southern Zambia. The joint venture recently completed a major VTEM survey at Mulofwe and identified several electromagnetic conductors within a regional shear zone interpreted to form part of the continent-scale Mwembeshi Shear system. The shear zone is evident in electromagnetic and radiometric data over a strike length in excess of 30km, and continues beyond the survey boundary to the east and west. Preliminary interpretation suggests that the conductors are associated with the position of a regionally extensive graphitic shale unit. Previous radiometric surveys carried out by Zambezi have highlighted uranium anomalism believed to be associated with this unit. Geophysical modelling has been carried out on the eastern-most conductor within the shear zone. The modelling suggests the presence of a conductor of approximately 2km strike length dipping about 60o to the north and plunging gently to the east. The joint venture plans to conduct follow up work to investigate the potential for an association between the conductive graphitic shales, the uranium radiometric anomalism and potential uranium mineralisation. This work will commence in Q3 2008 under the management of Rio as joint venture operators, and will comprise trenching, geological mapping, PIMA surveying and drilling. In order to maximise the chances of success for the project, the joint venture partners have agreed to extend the area of the joint venture to cover the entirety of the prospective stratigraphy. This will be under the same terms of the existing Uranium Mineral Rights agreement. Downloads available from the Zambezi website at: www.zambeziresources For more information contact: Julian Ford, Managing Director Jeremy Wrathall, Non-Executive Director Zambezi Resources (Australia) Zambezi Resources (London) +61 (08) 9216 9000 Mob: +44 7712 776 100 +61 (0) 418 949 580 Fiona Owen Simon Edwards / Adam Lloyd Grant Thornton UK LLP Evolution Securities Ltd +44 20 7383 5100 + 44 20 7071 4300 Nicholas Read / Kate Bell Laurence Read / Graham Herring Read Corporate Threadneedle Communications +61 (08) 9388 1474 +44 20 7936 9600 +61 (0) 419 929 046 ADDITIONAL INFORMATION Zambezi is listed on London's AIM market and the Australian Securities Exchange (ASX & AIM Ticker: ZRL) and currently has two main projects, Cheowa and Kangaluwi. Zambezi is one of Africa's most active exploration companies with a large exploration execution capacity consisting of over 20 geologists and at least eight contracted drill rigs. The company is focused on discovering and developing large Copper-Gold projects in southern Zambia. At Kangaluwi, which is 100% owned, Zambezi is conducting extensive exploration drilling, as the company believes that the Kangaluwi project has the potential to be a world class open pit copper deposit. Zambezi plans a major resource drill out campaign in 2008 and 2009. The company also has entered into two Uranium Joint Ventures on approximately 50% of its tenement area, one with Rio Tinto and the other with Lithic Metals and Energy. Under terms agreed in the Letter of Intent with Rio Tinto, Rio have committed to spend US$1 million minimum to assess the potential for uranium mineralisation over approximately 1,250 km2 of the Mulofwe prospect. Rio Tinto may elect to spend an additional US$5 million to earn 51% of the Uranium Minerals rights, in which case the parties have agreed to form an Incorporated Joint Venture. Once Rio Tinto has earned a 51% interest in the project, Zambezi may elect to retain their 49% interest by meeting their share of expenditure or elect to dilute to 20% in which case Rio Tinto may earn an addition 29% for a total of 80% by completing a Bank Feasibility Study. Zambezi may elect to convert their interest to a 2.5% Net Smelter Royalty at any time after Rio Tinto has earned its 51% share of the project. Rio Tinto will be the manager of the exploration program and any Joint Venture entered into. The greater Mulofwe project covers 3,183 km2 and also contains Zambezi's Mulofwe Dome, a priority exploration target, and parts of the Chongwe Copper Belt which has been joint ventured to Glencore. Only the newly discovered Mwapula prospect falls within the Rio Tinto LOI area. Mwapula has returned high grade, lead, silver and copper rock chips. Zambezi will retain rights to explore for and develop all non-Uranium minerals over this area. The information in this report that relates to Exploration Results is based on information compiled by Exploration Director Geoffrey Johnson BSc (Hons), PhD, Grad Dip Env Sc. Dr Johnson is a full-time employee of Zambezi Resources, and a Fellow of the Australian Institute of Geoscientists. Dr Johnson is a Competent Person as defined in the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves, and consents to the inclusion in the report of the matters based on the information in the form and context in which it appears. The information in this report that relates to the interpretation of geophysical survey data is based on information compiled by Mr Bill Peters BSc (Hons), who is a Director and Senior Consulting Geophysicist of Southern Geoscience Consultants. Mr Peters is a Member of the Australian Institute of Geoscientists, and a Fellow of the Australasian Institute of Mining and Metallurgy, and is a Competent Person as defined in the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Peters consents to the inclusion in the report of the matters based on the information in the form and context in which it appears. | 5dally | |
09/7/2008 21:28 | So we need some good numbers from the otehr 37 holes:-) | cuzy | |
09/7/2008 14:24 | regandjess, I'm in the same boat....couldn't agree more. | mikey34 | |
09/7/2008 13:38 | Whats with this share,been watching a while but havent bought in, Seems a good RNS today, no movement in share price and no posts on BB..Very strange.!!!!!!!! | regandjess | |
08/7/2008 23:25 | well i sold out today havent seen the announcement so dont really care wish current holders the best of luck(i need it in some of my current plays) Uranium share to watch if thats your thing wink wink is Uracan on tsx URC 20p ish bit of risk thats where my little funds are heading now. | ukgeorge | |
08/7/2008 22:38 | Good job todays announcement was not bad news. | cuzy | |
08/7/2008 13:07 | Gone quiet on this board. I'm glad I sold most of my holding last week. Seems like more announcements for more drilling programmes to define more potential resources... no gold. | umair | |
19/6/2008 08:51 | Indeed...very disappointing Single figures again it seems | scotswhaehae | |
18/6/2008 21:52 | Agree with your sentiment clearsoup. Have listened to many of Mr Fords numerous interviews and it is about time he backed up some of his statments. Especially ones regarding offers for the company in excess of its current market cap!! Maybe we should seek proof these offers have been made. Like you clearsoup, beginning to believe this is simply another jam tomorrow outfit!! | cuzy | |
18/6/2008 11:11 | Eloquently expressed ClearSoup. My sentiments too. The Strategic v Operational competence issue is one which is relevant to all companies. What type of person is the CEO? The latter tends to produce this irritating feeling of never making the breakthrough. At worst it produces busy fools, but IMO we are not in that situation thankfully. The former seems the most desirable, particularily if he is a deal-maker. Still, I believe value will eventually out in ZRL, so I will just keep holding. It might take a deal-maker from another plc to take the initiative. | skyracer | |
18/6/2008 11:04 | Posted On: Tuesday, June 17, 2008, 4:43:00 PM EST The Day The Juniors Fight Back Author: Jim Sinclair Dear CIGAs, I respectfully request that each member of the JSMineset community send this missive to the management of their precious and base metals junior investment company. Please follow up on it to be sure it has been reviewed. Strength In Numbers The junior producer and exploration and development companies need to consider the formation of a Chamber of Mines for this section of the industry. This Chamber should be free of any individual company agenda, free of fees and other interferences with the singular intention of protecting our shareholders from being attacked by those in the shadowy part of finance. There are close to 2000 companies in this part of the industry, many of which are experiencing the same extreme nuisances. The naked gold short seller is an entity engaged in a criminal act with a goal of doing serious injury for the purpose of profit and is therefore a major target in terms of civil liability. The short and naked short pool operations are exactly the same but more apt to be a conspiracy to injure slightly then become subject to RICO statutes. The job of this working Chamber of Mines as a singular unit is to pull these criminals out of the shadows into the light of day. No matter how well they feel they are hidden there is always a paper trail going back to the perpetrator in this financial world. Certain financial areas of secrecy in many cases do not protect the spoils of criminal activities. This may be proven soon at UBS where an officer is under arrest in the USA and is due to go to court shortly. It does not mean anything that neither regulators nor exchanges care about the naked short or short selling pools, regardless of whether they are naked or not. If the stockholders and the company who's values have been injured initiate civil proceedings, discovery will be full of legal opportunity. You cannot erase the paper trail that exists to every transaction. My request is simple: Contact the management of every junior precious metals producer, exploration and developer, asking them to contact Editor Dan at information@jsminese There is no hidden agenda, no money to be collected, and no desire to stroke egos and no desire for private corporate information. I do not wish to be anything but a member. Let the organization elect its officers so we can act as one. We can speak as one. We can win as one, but we are weak when scattered as the industry is now. Organize and we are a legion. Expose the perpetrators and then it is all over. The data is there. It can be organized and it can be dissected, yielding the evidence trail of those who wish to hurt, sometime simply because they are mean, sometimes for illicit profits. Add to that that sociopaths mistreat their associates and employees by nature. No looking may be required. It might just happen to come over the transom, even though we do not invite that. You stockholders must push your management hard. Personally there is nothing that I will NOT do in order to protect both my and my investors' interests. I herewith dedicate my life, my fortune and all that I am to the identification of the perpetrators and their conduits used. Those sociopaths that take joy by inflicting severe injury for profit by conspiracy and the use of dirty tricks must be the hunted of nearly 2000 company's determined managements and their more than 500,000 very angry stockholders. There is only one way to defend stockholders, which is through the organization and strategy of a major offensive. Forget attorneys at this point. Regulators are of no help. A Chamber of Mines acting together can prevail. I will even if I must go it alone. Together we are legion. Alone and looking the other way you are a victim. I have never been a victim. No one depending on me will be a victim. There is NOTHING I will not do to protect those that depend on me. I am livid. Enough is enough. We will add risk to the bad guys. That proposition you and they can depend on. Your friend, Jim Sinclair | 1waving | |
18/6/2008 10:51 | I am torn between belief in the considerable value of the tenements, and mounting irritation with 'Jam Tomorrow' statements such as this one, from today's update "Significantly, the core of the newly defined conductors has not yet been tested by drilling." Significantly, exactly the same wording was used in the 20 May announcement, winding up expectation about Mulofwe, where today's announcement tells us that "no significant copper mineralisation was observed" and the VTEM anomaly could indeed be explained by the presence of graphite. I think Mr Julian Ford should know that his credibility is wearing thin, on both the strategic level, where hints about big Chinese buys have been too heavy to simply overlook, and at the operational level where similar stories about massive orebodies, first at Cheowa and now at Kangaluwi have failed to develop as bullishly as I think was hinted. I have no wish to reduce the value of my not inconsiderable investment, with impatient chatter: but I think this company needs to be aware of the way it is coming to be perceived. Perhaps Brian Rear has been very busy with the CUO MXX merger: but I think it might be timely to pay close attention here, too. | clearsoup | |
16/6/2008 16:09 | They cant still be in the briefing, can they?? | cuzy |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions