seems determined to move up on little volume, looking good!
RNS Number : 2745U Frontier Mining Ltd 29 November 2013 FRONTIER MINING LTD ("Frontier" or "the Company") First Day of Dealings - Kazakhstan Stock Exchange Frontier Mining (AIM: FML), the AIM listed exploration, development and production Company focused on Kazakhstan, announces the commencement of dealings in the Company's shares on the Kazakhstan Stock Exchange ("KASE"). This development satisfies the demands of the regulatory requirements of the National Bank of Kazakhstan ("NBK") Rules 2012, whereby all Kazakhstan registered businesses, or any business which has more than two thirds of its assets in Kazakhstan, and at the same time holds a foreign listing, must also maintain a listing on KASE. Frontier will be one of 79 Companies listed on the exchange, with the collective market capitalisations in the region of US$32 billion. KASE was founded on 17 November 1993 as the joint stock company "Kazakh Interbank Currency Exchange", and was re-registered on 12 April 1996 as the "Kazakhstan Stock Exchange". The costs of joining the exchange and maintaining a listing, and thereby complying with the NBK Rules 2012, are minimal.
From the 30 oct rns "Currently, the share price levels at which the Company's ordinary shares of 2 pence each are trading means that small absolute movements in the share price represent large percentage movements, resulting in share price volatility. The Directors also note that the bid offer spread at these price levels can be disproportionate, to the detriment of the Shareholders of the Company." Well Mr Howells if your reading this ,5p 6.49% spread still looks disproportionateto me!
RNS Number : 0184U Pure Wafer PLC 27 November 2013 PURE WAFER PLC (AIM: PUR) AGM Trading Update 27 November 2013 Pure Wafer plc ("Pure Wafer" or "the Company"), one of the leading global providers of high quality silicon wafer reclaim services to many of the world's largest semiconductor manufacturers and foundries as an integral part of their cost control programmes, will today hold its Annual General Meeting at 11am in Swansea. At the meeting, Chairman Stephen Boyd will announce the following Trading Update. Trading Update As previously announced, Pure Wafer's Board has agreed a programme for increasing 300mm wafer manufacturing capacity by up to 40 per cent. across both manufacturing sites in order to supplement the existing 300mm production lines and enable us meet continued and foreseeable demand. We are pleased to announce that the majority of production equipment required for the increased capacity in Swansea, UK has been ordered and delivered with several key items already installed and currently in production. The remainder will be installed prior to the calendar year end and will be production-ready during January 2014. The installation of the additional manufacturing equipment for Prescott, US will commence in January 2014 and become operational during the first half of 2014. Trading continues to be strong and in line with market expectations.
http://www.halykfinance.kz/en/site/index/research/news:86107 hope this helps, halykfinance opinion, make your own assesment imho,gl
RNS Number : 7491T Frontier Mining Ltd 22 November 2013 FRONTIER MINING LTD ("Frontier" or "the Company") Notice of General Meeting Frontier Mining (AIM:FML), the AIM listed exploration, development and production Company focused on Kazakhstan, announces that the Company's Annual General Meeting will be held at 21:00 (15:00 GMT) on 11th December 2013 at 601 Nurly Tau Business Centre, Block 4B, Office 605, 17 Al Farabi Ave, Almaty, Kazakhstan. To allow for out of country shareholders to participate, the Company will make available an online audio conference with a link available on www.frontiermining.kz. The notice will consider the following resolutions: 1. To receive the report of the directors and the accounts for the year ended 31 December 2012; 2. To re-elect Yerlan Z. Aliyev who, retiring by rotation as director under the articles of association and, being eligible, is offering himself for re-election as director; 3. To re-elect Boyd W. Bishop who, retiring by rotation as director under the articles of association and, being eligible, is offering himself for re-election as director; 4. To consider and, if thought fit, pass the following resolution which will be proposed as a special resolution: To appoint Grant Thornton LLP as the company's auditors until the conclusion of the next annual general meeting of the company at which accounts are laid before the members and to authorize the directors to determine their remuneration; The resolutions and the annual report, as posted to shareholders, are available on the Company website at www.frontiermining.kz.
Following settlement of consideration under the ENRC Takeover Offer, Kazakhmys announces that on 8 November 2013 it received U.S.$887,285,879 cash and 77,041,147 Kazakhmys Shares from Eurasian Resources. The 77,041,147 Kazakhmys Shares were repurchased from Eurasian Resources for £206,516,265 in aggregate which was settled by way of net settlement pursuant to the terms of the Share Repurchase Agreement. The repurchased shares will be cancelled and none will be held as treasury shares. Kaz will now be looking to buy FML imo.
old boydy boy eh, wonder if he's getting off, more to the point who did he sell them to, mmm
9.6 million trade just gone through, major interest news should follow,
dont worry, your 8p share becomes a 80p share.
thats correct,
after consolidation shares outstanding will be less than when first floated, prospects and profits are now in a different league, in 2006 sp was around £3.50!, although not nice to see my share number reduce I think the sp will benefit from this action. gla
I feel expectations for a new startup were far to optimistic, the sp is being forced down imho, just look at the over reaction to the non news" litigation update" rns,was that rns necessary bearing in mind that no one was aware of litigation anyway and said litigation does not directly effect fml.I will hold here for another year at least.
Yerlan Aliyev, Chairman and Chief Executive of the Company said "I would like to announce that in addition to our London quote, we intend to apply for the Company’s shares to be listed on the Kazak Stock Exchange in order to satisfy the demands of the regulatory requirements in Kazakhstan" anynews on this anyone?
this has got to be good news for Pure Solar http://www.solarpowerportal.co.uk/news/swansea_solar_research_centre_launched_2356
October 15, 2013 Central Asia Metals Pays Another US$5.4 Million Out To Shareholders, As Production Continues On Track In Kazakhstan By Alastair Ford Another day, another strong quarter from Central Asia Metals, the company that has made a spectacular success of extracting copper from old dumps in Kazakhstan. Copper production at Kounrad Copper production at Kounrad It may not be a romantic business model, but the market is nonetheless enamoured, as a quick look at the company’s share price graph shows. Central Asia’s shares have risen by more than 50 per cent since this time last year, from 98p to the current 151p. Not a bad effort, given that the wider mining markets crumbled over the same period and share prices went through the floor. So how has Central Asia done it? The answer comes in two parts, both given equal weight by the company’s punchy chief executive Nick Clarke. The first is that there’s a strong operating business on the ground. The Kounrad project is well-financed, was well thought out, and was built by people who’ve had experience operating on the ground in Kazakhstan before. The second is that Central Asia is not shy, and has never been shy in rewarding shareholders for their faith in backing the company. “We raised US$60 million at IPO”, says Nick. “Already US$21.6 million has been returned to shareholders in the shape of dividends and buybacks. That represents 36 per cent of the money we raised at IPO.” Given that fund managers across the world have been screaming at mining companies to provide decent yields from decent operations, Central Asia’s track record of fitting the bill from a standing start has stood it in good stead. The latest dividend, announced in the most recent results, for the six months to June 2013, came in at 4p, putting the company on a prospective yield of around five per cent. Given that Central Asia’s shares are also well up on their 96p listing price, it’s hardly surprising that investors have been buying in. “But it isn’t just about the figures”, says Nick. “We’re only able to return the money to shareholders because we’ve got a good strong operating business in Kazakhstan. The plant has a 10,000 tonne nameplate capacity and in the first half of the year we produced just under 5,000 tonnes of copper. We’re well on track to complete 10,000 tonnes, especially since in each of August and September we produced just over 1,100 tonnes of copper.” Because it’s produced from dumps, costs are pretty low too. “Cash costs are in the lowest quartile”, says Nick simple. It all adds up to a pretty secure financial position. The company is debt free, and had net cash of US$26.5 million at the end of June, but by the end of September that had risen to US$43 million, albeit that US$5.4 million is earmarked as dividend payments. Having
www.prweb.com/releases/silicon_reclaim_wafers/semiconductor_industry/prweb11222138.htm
last day of Pures investor roadshow in London,profit takers seem to have left, need some more i.i. involvement here,Pures future production is exponential with 40% extra 300mm capability at EACH plant being created for 2014, but it wont stop there, demand for chips is soaring, the longtermers here know this is just the beginning for Pure, gla