Looks like Zareba have acquired 5% of a diamond producing company on the Kunene River (Skeleton Coast area of Namibia). Is it possible this relates to RTM?
RNS Number:1962N
Zareba PLC
08 June 2005
ZAREBA PLC
INVESTMENT IN NAMIBIAN DIAMOND MINER
Zareba PLC is pleased to announce that it has made its first investment in
accordance with the strategy set out in its prospectus dated 8 February 2005.
This investment of Namibian Dollars 500,000 (#40,000) has secured an interest of
5% of the total issued capital of a company currently commencing diamond
production in the Northern section of the Skeleton Coast area of Namibia. The
concession to be mined is situated near the mouth of the Kunene River. The
investment will be used to secure a second pan for separation of the diamonds
from the alluvial deposits. Zareba has agreed to subscribe up to a further
Namibian Dollars 1,500,000 on similar terms, should this be required.
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