Member Info for mick-b

Barrick Gold has made the first public move in the much-rumoured takeover of Acacia Mining (ACA), in which holds a 64 per cent stake. The offer of 0.1533 Barrick shares per Acacia share values the Tanzania-focused gold miner at $787m (£621m). The offer, which is not yet official, comes as the two companies’ relationship has deteriorated over discussions with the government of Tanzania, which has slapped a massive tax bill on Acacia and blocked exports of gold concentrate since 2017. Under UK takeover law, it’s possible Barrick will not be able to vote its shares so minority shareholders would have the full say on the deal. Berenberg said there seemed “little alternative to the Barrick offer” because of Tanzania’s refusal to deal with Acacia. One anonymous shareholder has already told the Financial Times the Acacia valuation is “absurdly low”. Acacia shares were off 5 per cent on the news.

Barrick Gold has made the first public move in the much-rumoured takeover of Acacia Mining (ACA), in which holds a 64 per cent stake. The offer of 0.1533 Barrick shares per Acacia share values the Tanzania-focused gold miner at $787m (£621m). The offer, which is not yet official, comes as the two companies’ relationship has deteriorated over discussions with the government of Tanzania, which has slapped a massive tax bill on Acacia and blocked exports of gold concentrate since 2017. Under UK takeover law, it’s possible Barrick will not be able to vote its shares so minority shareholders would have the full say on the deal. Berenberg said there seemed “little alternative to the Barrick offer” because of Tanzania’s refusal to deal with Acacia. One anonymous shareholder has already told the Financial Times the Acacia valuation is “absurdly low”. Acacia shares were off 5 per cent on the news.

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Barrick Gold has made the first public move in the much-rumoured takeover of Acacia Mining (ACA), in which holds a 64 per cent stake. The offer of 0.1533 Barrick shares per Acacia share values the Tanzania-focused gold miner at $787m (£621m). The offer, which is not yet official, comes as the two companies’ relationship has deteriorated over discussions with the government of Tanzania, which has slapped a massive tax bill on Acacia and blocked exports of gold concentrate since 2017. Under UK takeover law, it’s possible Barrick will not be able to vote its shares so minority shareholders would have the full say on the deal. Berenberg said there seemed “little alternative to the Barrick offer” because of Tanzania’s refusal to deal with Acacia. One anonymous shareholder has already told the Financial Times the Acacia valuation is “absurdly low”. Acacia shares were off 5 per cent on the news.

TROAJAN
The news said that steel prices have dropped plus the extra 15% TRUMP tariff on British steel imported into the USA
Is FROGMAN affected btw

Trump will bail us out so long as we support his disastrous foreign policy.

Brain of Britain ...Boomer said on the LLOYDS board ........

BoomerBower
Posts: 2,450
Opinion: No Opinion
Price: 60.02
RE: Brtish Steel Today 10:34 I don't think we should keep these jobs at all btw. It makes no more sense than bailing out Jamie's restaurant. Some how ppl get emotional about heavy industry.

what a prat !!!!

TROAJAN worked in a rod and bar mill at the Scunthorpe British steel plant until he retired last year
He worked here
https://www.youtube.com/watch?v=lQq7Ot3I5lo
https://www.youtube.com/watch?v=bRQwJc1Pz0s

Just announced British steel to enter into receivership
No more funds forth coming from Government

SOU up 18%

BMN up another 17% as well

Good morning WASSATT
and thank you for your early share news
BMN have received another RNS defining an V ore upgrade...so after yesterdays 25% rise should do well
Missed by chance there as had no internet yesterday as changing ISP to Plusnet
GLA

No chance of dividends while we have $30millions of debt imo
We need all the VAT monies owed to us!

try pronouncing them...lo!

The 17 rare earth metals, by name and atomic weight, are scandium (21), yttrium (39), lanthanum (57), cerium (58), praseodymium (59), neodymium (60), promethium (61), samarium (62), europium (63), gadolinium (64), terbium (65), dysprosium (66), holmium (67), erbium (68), thulium (69), ytterbium (70), and lutetium (71).

On Huawei concerns

Blame crazy TRUMP !!!

U.S. stocks closed lower Monday as souring U.S.-China trade relations continued to weigh on sentiment, with technology shares taking the brunt of the selling pressure. A uniform decline in blue-chip tech names such as Apple Inc., Intel Corp. and Cisco Systems Inc. highlighted the vulnerability of some of the market’s most valuable companies to the adverse impact of the prolonged trade fight.
https://www.marke****ch.com/story/stocks-poised-to-start-the-week-lower-as-trade-tensions-persist-2019-05-20

Yeah!!! :>))))))))))))))))

50 billion slaughtered chickens worldwide each year
That's a lot of killing

http://www.animalethics.org.uk/i-ch7-2-chickens.html

Kenny.
you could open your own brand of Greegs as it wouldn't clash with our own GREGGS here
Sorry m8
Couldn't resist
:.)))))

BOO is back almost to it's previous highs
but IQE has been hit badly by the Trump tech war with China m8

AGREE - Greggs are v expensive but this vegan roll has caught on big time.....it's even on the main TV news.
And it's only just been rolled out to all their branches...so profits should soar for awhile ....but it will eventually fall back as you say
Cheers