Don't get me wrong I have lost quite a lot of money here and I am over that now, and have to move on. However, on the London Mining website I noted they won and received a Platts Global Energy award in May 2014 for Industry Leadership in metals and Mining. I has to e-mail the company in Denver to question their Integrity.!! Awarded in May 14 and Bust October 14!! Here is what the judges were looking for to award it:
Quote Industry Leadership Award
This category is open to any company that has taken decisive action resulting in a substantial transformation or change of direction in a particular sector of the metals industry. Leadership, market expansion, corporate integrity and financial success are the core characteristics these categories celebrate. However, this award is not based purely on business performance. Instead, it recognizes companies that have shown they are first movers, venturing away from status-quo and willing to take risks with the courage and conviction to make fundamental changes in the way they operate. Innovation and a commitment to progressive thinking define these leaders.
The judges will be looking for companies that excel in their industry sector by consistently delivering strong returns to shareholders or owners, while improving environmental efficiencies, implementing technological advances and displaying a commitment to sustainable, forward- thinking solutions. Judges will also take into account the challenges of the political and business environments in which entrants are operating. Unquote
Telegraph.co.uk African Minerals Founder Timis to Buy London Mining Project Bloomberg Timis Mining Corp. agreed to borrow $20 million from Australia's Cape Lambert Resources Ltd. (CFE) to help fund the purchase from the administrator, Cape Lambert said today in a statement to the Australian Stock Exchange. The funding takes the form of ... CORRECTED-African Minerals chairman looks to buy London Mining's ...Reuters UK Frank Timis to buy collapsed London Mining's Sierra Le
What's interesting here, and something few have picked up on in the AMI board... It's Timis Corporation that have secured financial backing in Australia to acquire the operational Marampa mine. Not AMI... separate businesses and separate interests with separate investor/backer... I do indeed think the deal will help SP at AMI given the use of the infrastructure that would be inevitable - but I'm keen to see how this pans out from an operating company point of view and in turn, listing status of the Marampa Mine... limited minuscule tiny hope of an outside chance of the company reigniting?
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