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CENTRAL AFRICAN (CFM) (CFM)     

syd443s - 18 Mar 2005 15:40

Hi,

What are peoples opinions of this company seems to be doing well, big demand in China:

http://news.bbc.co.uk/1/hi/world/africa/default.stm

Anyone holding this share?

Cheers

Toya - 14 Sep 2009 08:14 - 110 of 146

Lots of buyers about first thing here today.

cynic - 14 Sep 2009 08:34 - 111 of 146

let's hope they don't turn into sellers while while i'm in munich then!

Toya - 14 Sep 2009 08:55 - 112 of 146

When are you off? - And will you be sending us daily bulletins??
We'll keep an eye on CFM for you

Balerboy - 14 Sep 2009 09:01 - 113 of 146

Not the legs again please!!!!

cynic - 14 Sep 2009 09:49 - 114 of 146

so you don't fancy the idea of me in lederhosen and a bavarian hat (mit feder!), playing the tuba?

T - this afternoon, but back thursday afternoon ..... was contemplating a remembrance pilgrimage to Dachau, but not sure that it would not upset me too much

required field - 14 Sep 2009 09:54 - 115 of 146

That is far too upsetting Cynic....there is enough misery in peoples lives as it is...let's (if possible) think of nice things...I know it's difficult !.

Toya - 14 Sep 2009 10:20 - 116 of 146

Have a good trip then Cynic. Stay away from Dachau and find something fun to do instead.

cynic - 14 Sep 2009 10:57 - 117 of 146

an interesting philosphical question ....
should one avoid situations such as Dachau just because they are emotionally upsetting?
if so, should one avoid going to First World War memorials etc, like at Vimy Ridge or Arras?
certainly in this last case, i feel quite strongly that one should visit, even if only as a salutary reminder.

Toya - 14 Sep 2009 14:00 - 118 of 146

I wouldn't say one should avoid them, Cynic, but maybe a bit much to tack on to a biz trip? - Depends how strong you are feeling and how strongly you feel

required field - 14 Sep 2009 15:18 - 119 of 146

My Dad spent 6 years of his life in the Army during the second world war and was almost at the liberation of belsen, he saw many an atrocity and people being killed and even though he talks quite often about that period says that sometimes it is best not to be reminded all the time about terrible things even though you must not forget them completely : it just brings back terrible memories and you end up feeling unwell because of them.

HARRYCAT - 16 Sep 2009 21:41 - 120 of 146

Offer now coming from ENRC. Looks as though it may be below expectations.

HARRYCAT - 16 Sep 2009 22:36 - 121 of 146

LONDON, Sept 16 (Reuters) - "Kazakh mining group ENRC (ENRC.L) may use some of its cash pile to buy junior miner CAMEC (CFM.L) for about $950 million and expand into mineral-rich Africa, ENRC said on Wednesday.

The move by ENRC, one of the world's biggest ferrochrome producers, might spark a bidding battle with Chinese parties seeking to lock in supplies of cobalt, analysts said. [ID:nLG564561]

ENRC said it was in advanced discussions with AIM-listed Central African Mining and Exploration Co. (CAMEC), which said on July 16 it had been approached about a possible takeover from unnamed parties. [ID:nLG75825]

ENRC said in a statement it was considering a cash bid of around 20 pence per share for CAMEC, whose chairman is former England cricketer Phil Edmonds. That would value the firm at about $950 million."

cynic - 17 Sep 2009 08:54 - 122 of 146

has anyone worked out how $950m translates into sp? ..... anyway, such an offer would probaly be just a sighting shot to get things moving

Master RSI - 17 Sep 2009 14:45 - 123 of 146

Central African Mining main focus for Eurasian

Eurasian Natural Resources has confirmed that its current main focus in terms of acquisitions is the possible transaction with Central African Mining.

This was in response to a statement issued by African Minerals earlier today which claimed that it had received a bid approach from Eurasian Natural Resources.

HARRYCAT - 18 Sep 2009 12:39 - 124 of 146

"The boards of directors of ENRC and CAMEC announce that they have reached agreement on the terms of a recommended cash offer, to be made by a wholly-owned subsidiary of ENRC, to acquire the entire issued and to be issued ordinary share capital of CAMEC.

The Offer will be 20 pence in cash for each CAMEC Share."

required field - 18 Sep 2009 13:20 - 125 of 146

Glad I got out not long ago...

Balerboy - 18 Sep 2009 14:03 - 126 of 146

"Stupid boy"

kosyboy - 18 Sep 2009 14:15 - 127 of 146

Where is this one going up 8% since news?????

Balerboy - 18 Sep 2009 14:39 - 128 of 146

Theres a buy of 5,000,000 at 2.30pm the rest are red sells? any thoughts

kosyboy - 18 Sep 2009 14:52 - 129 of 146

unsure at present!!!
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