Member Info for ACKER

Here we go:

Nera Consulting OWNS MN Holdings
MN Holdings OWNS Shaw River Manganese Ltd
Shaw River Manganese Ltd OWNS Otjozondu Mining[Pty] Ltd

Otozondu Mining [Pty} Ltd OWNS and operates the Otjozondu Mining Project

The Company has satisfied the consideration due through the issue of 171,074,444 new ordinary shares ("New Shares") at an agreed issue price of 0.09p per share for an aggregate consideration of £153,967. The New Shares have been issued in favour of Nera Consulting Limited ("Nera") who is the owner of MNH.

MNH has not published any results since incorporation as it acts solely as the holding company for purpose of acquiring Shaw River Manganese Limited.

Who are we giving money to:
The Board of Premier African Minerals Limited ("Premier" or the "Company") is pleased to announce that it has today agreed to acquire for US$200,000 a further 2% in MN Holdings Limited ("MNH"), the owner and operator of the Otjozondu Manganese Mining Project ("Otjozondu") in Namibia. On completion of the acquisition, Premier's interest in MNH will increase to 12%.

Mol--I am 100% behind you regarding Nera.I want to know.

Another week gone.

Will leave you with this little beauty:

TCT plans to start an initial exploration and assessment work programme on the limestone deposit that is expected to provide a maiden resource and preliminary scoping study late in 2016. The approved exploration programme is fully funded.

Early testwork on surface material of the limestone indicates that there are potentially acceptable grades of calcium carbonate for limestone for use in cement production. In addition, initial work suggests that solubility should be suitable for agricultural lime and the material is also expected to be suitable for aggregate production. TCT believes that there is demand in Mozambique for lime for cement production, agricultural applications and aggregates.

Agreed--it's late.

Nedbank (Malawi) Limited is a private limited company incorporated in Malawi under the Companies Act, and is registered as a commercial bank under the Banking Act, 2009.

Nedbank (Malawi) Limited is 98.82% owned by Nedbank Group Limited through its 100% owned subsidiary, Ned Group Investments Africa, a company incorporated in Mauritius

MNH was incorporated in 23 February 2017 in Mauritius.

Nedbank (Malawi) Limited is a private limited company incorporated in Malawi under the Companies Act, 1984 and is registered as a commercial bank under the Banking Act, 1989. Nedbank (Malawi) Limited is 97.1% owned by Ned­bank Group Limited through its 100% owned subsidiary, MN Holdings Limited, a company incorporated in Mauritius. The remaining 2.9% of the shares is attributable to an Employee Share Ownership Plan.

Moljen--the question is---is this the same MN Holdings that Prem is involved with ??

https://bammalawi.org/banking-sector/member-commercial-banks/125-nedbank

So when did MNHoldings sell to Nera Consulting ????
Good work Moljen.

Moljen--with you on this one.
I would also like to know more about this Nera Consulting company.
Mr Roach did not provide any details--smelling a rat here.

NaPom--take a break,try again another day.

shouldve--your last post.IMO a good contribution to the BB.

Well the market was not impressed with the additional stake in MNHoldings.

Another poor day for you.
Do you really understand business,how it all works.
You keep mixing up revenue with profit and have a misunderstanding regarding the availability of company dividends.
You would be better off sticking to Twitter rather than being made to look a little foolish on this BB

Using that formula Prem is worthless.

Virus already hitting mag prices.