CLE 0.00% 0.1¢ cyclone metals limited

re: Ann: Shandong's Investment in AMI Sie... Meanwhile Frank is...

  1. 1,943 Posts.
    re: Ann: Shandong's Investment in AMI Sie... Meanwhile Frank is doing a bit of delivering. Good article in Miningweekly with infrastructure info and losing $4.3m on CFE.
    http://www.miningweekly.com/article/african-minerals-to-export-10mt-from-tonkolili-in-2012-2012-04-11


    11 April 2012 - African Minerals Limited ("AML" or "the Company"). Preliminary Results for the year ended 31 December 2011.

    Equity securities 2010- Australia - US$62,668,000 - Australia 2011 - US$58,349,000
    Australian equity securities include Cape Lambert Resources Limited.. 15,086,615 Cape Lambert Resources shares at consideration of $1 per share were acquired during 2010 in respect of the disposal of Marampa Iron Ore Limited. A further 3,860,277 additional Cape Lambert Resources shares were purchased in 2010 for $1,252,385. There were no additional shares acquired in 2011. As at 31 December 2011 the percentage holding of Cape Lambert Resources Limited was 17.73% (2010: 19.64%). There were no dividends received from Cape Lambert Resource Limited in 2011 (2010: $7,347,134).

    http://www.iii.co.uk/investment/detail?code=cotn:AMI.L&display=news&it=le
 
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