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A massive appointment for All Star Minerals - with former Gemfields and Tanzanite One CEO appointed to the Board.
"The Company intends to appoint Ian Harebottle and Richard Lloyd as directors subject to the completion of normal regulatory due diligence.
Mr Ian Harebottle has a proven track record of success in the mining industry and gemstone sector in particular. Ian is the former CEO of AIM-listed Gemfields PLC, the world’s largest coloured gemstone mining and marketing company, and former COO and CEO of JSE and AIM listed TanzaniteOne.
During his combined 15 years managing the underlying activities of these companies, TanzaniteOne’s share price increase from 40 pence/share to more than 200 pence /share and was recognised as the largest dividend payer on AIM at the time. At Gemfields PLC, upon his appointment in February 2009, he immediately implemented an aggressive turnaround strategy which saw Gemfields share price increase more than twenty-fold and its market capitalisation grow from approx. US$ 9 million to in excess of US$ 400 million. Ian was instrumental in developing and driving the corporate strategy, as well as the identification and acquisition of a number of key assets, including the now famous Montepuez Ruby Mine, the single largest ruby producing mine in the world.
Mr Richard Lloyd is a fellow of the Institute of Materials, Minerals and Mining (“FIMMM”) and the Geological Society (“FGS”). Richard has over 25 years’ natural resources investment banking and mining geology experience. His geological experience has included diamond exploration as a field geologist and research studies into Kimberlites. Richard was previously a Director in the Resources, Energy Infrastructure team at ANZ Bank London, having joined from Commerzbank AG. He has also held positions at Standard Bank London & Dresdner Kleinwort."
Might be a cracker jack share in time...
Yep think it will be one to watch very closely over the coming weeks and months.
Certainly having Ian on board is a game changer and for him to put his name to this so early on says a lot
Have set up a decent asmo group - not asbo!
Let me know if u want an add to grp...
Hey Presto - thats got a familiar ring!
Yes please add me to the group
Seems like interest is rising on this old one
What's ur handle on telegram
Same - AfricanMiner