Another article in case your interested...AHH.. THE WONDERS OF...

Another article in case your interested...
AHH.. THE WONDERS OF GOOGLE:

Resource Generation, Minemakers eye African listings Michael Bennet From: The Australian March 18, 2010 2:25PM

AFRICAN investors are being targeted by juniors Resource Generation and Minemakers, with both planning secondary listings in the region.

AFRICAN investors appear to be on the mind of the junior miners, with Resource Generation and Minemakers laying out plans for secondary listings in South Africa and Namibia respectively, sending their stock prices higher.

Sydney-based Resource Generation said it would apply for a secondary listing on the Johannesburg Stock Exchange to encourage South African investors to invest in the company.

Resource hopes the dual listing provides ?greater flexibility? to raise finance to develop its Boikarabelo coal mine in the Waterberg region of South Africa it is drilling and claims to hold a saleable reserve of 603 million tonnes of coal.

The listing is expected in the middle of the year, subject to approvals, way ahead of production, which is not expected until at least January 2013.

Nevertheless, local investors liked the play, with Resource?s stock up 7.37 per cent to 51 cents in intraday trade.

Across the Nullarbor, Perth-based phosphate miner Minemakers said it plans to list on the stock exchange of Namibia - where it has marine phosphate projects - in May.

Minemakers played a similar card, saying the listing would more readily enable investors in Namibia and South Africa to take a ?significant shareholding? in the company.

Unfortunately local investors were less impressed than with Resource?s move, with its shares up just half a cent to 42c.

Neither miner enlisted the services of advisers, although Resource did enlist the help of South African law firm Bowman Gilfillan.