Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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pretty confident they'll relist (famous last words), esp as the 1.75p placing is already done, but communication on this share has to be the worst of AIM miners. Can't believe they've been drilling in Tunisia since last summer and not had the courtesy to give a single update, for a start.
http://www.investegate.co.uk/Article.aspx?id=201106220931548923I
http://www.investegate.co.uk/Article.aspx?id=201104180921380846F
Interim Report and Accounts for the six months ended 31 Dec 2010 http://www.investegate.co.uk/Article.aspx?id=201103310925059993D
I see the full story has been posted on ADVFN ...Thanks to "suits you" post 4315.
Maghreb Minerals Will Shortly Relist As Aim’s First Fluorspar Producer, At A Time When The Price Of Fluorspar Is Rising By Charles Wyatt http://www.minesite.com/nc/minews/singlenews/article/maghreb-minerals-will-shortly-relist-as-aims-first-fluorspar-producer-at-a-time-when-the-price-of.html
Reach 5.2 Million Metric Tons by 2015, According to a New Report by Global Industry Analysts, Inc. http://www.prweb.com/releases/2011/1/prweb8040057.htm
Previous to Jan 2011.. 290$ / 310$ / ton....rising to 330$ / 335$. ton Jan 2011 Latest ..350$ / 400$ ton Feb 2011 http://www.mineralnet.co.uk/Article/2744925/Channel/19575/Fluorspar-prices-firm-as-producers-push-for-New-Year-hikes.html http://www.indmin.com/Article/2769745/Channel/19523/Chinese-fluorspar-prices-rise-sharply-during-first-quarter.html
“Firebird’s concept is to consolidate a meaningful chunk of the fluorspar business. A list of assets has been identified, but it would not be wise to identify them at this early stage,” the company reasoned http://www.miningreview.com/node/19114
Agree good read ,seems to be slowly coming together,would be nice to get relisted soon ,I'm thinking / hoping maybe sometime second quarter?? ATB
A good encouraging read. I like the last bit....'exotic sectors worldwide'
Witkop fluorspar to reopen as ‘very different beast’ http://www.miningweekly.com/article/sallies-2011-02-15
Snap....... Hopefully well worth the wait..ATB
These have been in & out of my bottom drawer since '07 so I am too looking forward for some positive returns but it looks like we will have to wait a bit longer. http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=10788494
Sallies Limited - Re-Opening of Witkop Mine, changes to the executive responsibilities of a director and renewal of cautionary announcement Sallies Limited http://www.sharenet.co.za/v3/sens_display.php?tdate=20110215085802&seq=865
k7 - yes it will be interesting to say the least
Recommencement of production at Sallies' Witkop Mine On 19 January 2011, Maghreb announced that it had entered into a fixed term Facility Agreement whereby Maghreb agreed to provide Sallies Limited ("Sallies") with an unsecured facility of up to US$8 million to provide the working capital needed to restart operations at the Witkop Mine ("the Facility") Sallies has today announced that it will be recommencing production at its Witkop Fluorspar Mine to fulfill recently negotiated orders and anticipated further orders. In order to finance the recommencement of production, Sallies will be drawing down on the Facility an initial sum of US$2 million. Update on the Acquisitions Further to the announcements on 24 December 2010, the Board wishes to update shareholders on the progress being made on the proposed acquisition of interests in Sallies and Kenya Fluorspar Limited (the "Acquisitions"). The Acquisitions together constitute a reverse takeover of the Company for the purposes of the AIM Rules for Companies. The Company is currently working with its advisers on the preparation of an AIM admission document which it expects to be able to publish in the second quarter of 2011.
http://www.investegate.co.uk/Article.aspx?id=201102150846592436B
Been in my bottom drawer since 06! Just before suspension I dillied about averaging down! I was lucky to have added 90k tym at the right time to the 10k I had at much the same total price! Oh well, wonder where it will open on re admission? All in the timing as they say!
Maghreb Minerals suspends Tunisian operations By BFN News | 09:26 AM | Wednesday 19 January, 2011 Maghreb Minerals PLC (MMS) Tunisia fluorspar, zinc and lead mineral explorer Maghreb Minerals plc has suspended exploration activities at its Zriba fluorspar prospect in light of the security situation in the country. It said all staff had been sent home and the drill rig stored in a secure place. The situation would be monitored with a view to restarting activities as soon as possible. Meanwhile the company has appointed Nicholas Davidoff, 29, as non-executive chairman following the resignation of Richard Linnell, who remains an NED. Davidoff is employed by New York-based Firebird Management, affiliates of which control 56% of Maghreb and 67% of Sallies Limited through two managed funds. He is non-executive chairman of Sallies and a director of Kenya Fluorspar Company. The move follows agreements to acquire Firebird's interests in Sallies and KFC, announced previously. Linnell said Davidoff's appointment would help Maghreb realise its strategy of consolidating Firebird's fluorspar interests to enable the company to develop critical mass in the international fluorspar sector. Maghreb and Sallies have entered a fixed-term facility agreement under which Maghreb has agreed to provide Sallies with an unsecured facility of up to $8m to fund working capital needed to restart operations at the Witkop Mine. The company will provide Sallies with an initial advance of $2m. Story provided by StockMarketWire.com
Appointment of a new Non- Executive Chairman and Director,Loan Agreement,Issue of Options. http://www.investegate.co.uk/Article.aspx?id=201101190830317155Z
is a bit naughty, keeping people in limbo for weeks on end.
In Tunisia, I imagine....
Any news on restart of trading on this share?
Read my link, below.