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Aim Resources......new mining stock (AIMR)     

1sharecrazy - 21 Mar 2005 09:33

This has the potential to go alot higher than the 3p I`ve just bought 300,000 I will give more info when out of meeting at 2. It is in partnership with some very big players and was hugely over subscribed.

I`ve put my money where my mouth is.......and my head on the block.

Gud luck today.

chris5443 - 19 Mar 2006 09:44 - 12 of 122

got at 2.6p and still buying loks like a gfm

jmacroesus - 22 Mar 2006 13:07 - 13 of 122

AIM RESOURCES LTD ('AIM Resources')

21 March 2006

MINISTER APPROVES NEW ORDER PLATINUM RIGHTS

AIM Resources Limited is pleased to announce that it has received notification
from the Directorate Mineral Regulation: Limpopo Region of the Department of
Minerals and Energy, confirming that the Minister has approved the granting of
an application for a conversion of an old order prospecting right to a
prospecting right in accordance with item 6(2) on Schedule II (Transitional
Arrangements) of the Mineral and Resources Development Act, 2002, for the areas
referred to as the Mokopane Nickel Platinum project.

AIM Resources currently owns 100% of the Mokopane project, comprising 960
hectares of predominantly open space on the northern outskirts of the Mokopane
Township. The Project comprises five known mineralised areas with 15,330 metres
of exploration drilling having been concentrated mainly on the most southern
area.

Snowden Mining Industry Consultants have reviewed the past exploration data and
previous resource estimates and estimated a JORC compliant Inferred Resource (at
a zero cut off grade) of 39.7 million tonnes grading 0.146% nickel, 0.085%
copper, 0.22 grams per tonne platinum and 0.33 grams per tonne palladium*.

Significant potential exists to extend this resource by undertaking drill
testing extensions of this southern anomaly, conducting deeper drilling on the
existing resource area that has only been drilled to a depth of two hundred
metres, and additional drill testing of the other four anomalies to the north.

Metallurgical test work completed by Mintec in the early 1990's on a bulk sample
and drill core from the southern anomaly, indicated acceptable recoveries for
the main valuable contained metals.

Mr Marc Flory, AIM Resources' Managing Director said 'We are pleased with the
receipt of ministerial consent for the conversion of the Mokopane project area
to new order rights. This clears the way for AIM Resources to undertake
additional exploration work to extend this exciting project's resource at a time
of historically high Platinum and Nickel prices'.

jmacroesus - 28 Apr 2006 14:35 - 14 of 122

Today's quarterly report on the RNS compares Perkoa figures based on the current zinc price and with that when the BFS was carried out - revenue increases from $1.3bn to $2.4bn. The $1.3bn figure was used to calculate an NPV sp of 16.7p. See jmacroesus - 01 Mar 2006 13:37 above.

jmacroesus - 03 May 2006 10:53 - 15 of 122

Sharp rise in the sp to 6.75/7.25 this morning following the recent quarterly report and todays details on the drilling program in Zambia (Mumwba Copper-Gold Project) . The quarterly report revalues the Perkoa Zinc project on the basis of the current Zinc price (amounts to an increase in the NPV for the project from US$147.7m to US$404.8m equivalent to an increase in the value per share from 16.7p to around 40p). Additionally the company has recently renewed prospecting rights in South Africa (Mokopane Nickel-Platinum Project).

MAJOR DRILLING PROGRAM TO START ON MUMBWA IRON OXIDE COPPER-GOLD PROJECT

Highlights

Major Mumbwa exploration program starting with target verification and
over 5,500m of diamond drilling planned to start in May 2006.
In depth 3D Geophysical Interpretation of FalconTM data highlights high
priority drilling targets including a strong uranium anomaly associated
with a major north-south structure.
Drilling will focus initially on the Kitumba region. 8 of 9 holes
drilled by BHP Billiton in the mid-late 1990s encountered significant
mineralisation (including 60m @ 0.6% copper and 0.11 g/t gold) over a
strike length of approximately 6 km, but this tested areas peripheral to
the targets indicated by the recently acquired FalconTM data (see Table 1).
The Mumbwa Project lies within a known mineralised iron oxide
copper-gold (IOCG) terrain in west central Zambia covering nearly 5,200 km2
and containing numerous prospects.
AIM is earning a 70% interest from BHP Billiton and is budgeting to
spend US$1.2m over the next 6 months.

dibbles - 03 May 2006 11:46 - 16 of 122

This one is starting to look like a no-brainer

jmacroesus - 04 May 2006 09:19 - 17 of 122

Agreed - the next key event in relation to Perkoa should be the finalisation of negotiations with financiers/zinc concentrate offtakers 'by June 2006'.

jmacroesus - 10 May 2006 09:29 - 18 of 122

Chart.aspx?Provider=EODIntra&Code=AIMR&S

dibbles - 11 May 2006 18:17 - 19 of 122

(Metal Bulletin) It won't be mined till '07, but Aim swamped with offers for zinc.

By Natalia Kassakovich, Wednesday, May 10 2006.

London, May 10 (Metal Bulletin) -- The first zinc concentrate from the Aim Resources Perkoa project in Burkina Faso may not be mined before the end of next year but the company is already swamped with offers from potential offtake partners, according to a senior executive at the company.
" There is a ton of interest for the material, many want to get involved. Some companies are offering funding for the project in return for concentrate," Marc Flory, Aim Resources md, told MB.
With Mitsui, Korea Zinc, Boliden, Xstrata and many others hoping to lay hands on the concentrate in an increasingly tight market, Aim Resources can afford to be picky, he claimed.
"Anyone would buy concentrate at the moment. You can get a very good price pretty much anywhere. But our primary targets are Spain, Brazil and Russia, largely due to their location," Flory said.
The company's board and management will be reviewing the financing and concentrate offtake proposals this month with a view to finalising negotiations by June. It is likely to pick between two and four partners among traders and smelters, Flory said.
The zinc price at the London Metal Exchange recorded an all-time high earlier this month, trading close to $3,500 per tonne, having more than doubled since May last year. With fundamentals holding strong, there is nothing to prevent it from going to $5,000 per tonne within the next six months, Flory suggested. Whether such a level is sustainable for long is a different matter, but " I'd rather (the price) fell from $5,000 than $1,000 per tonne," he said.
" In contrast to copper, the zinc price on the LME has been rising on pure fundamentals so it is quite healthy. Do I see anything left on the side? Absolutely!" he said. Soaring demand from eastern Asia and China in particular has driven the zinc price higher but production hitches have also played a big part.
" The last proper zinc smelter was built in Australia around five or six years ago. There are not enough mining specialists; we lack machinery; environmental control in Europe is becoming more and more stringent. All this prevents miners from getting production on line," he said. " You can wait for a simple thing like tires for a year or two." Once production is forced offline, getting it back in operation is next to impossible as it costs around $500 million to re-open a smelter, he said.
Aim Resources plans to spend around $80 - 90 million on its zinc project in Burkina Faso. Investment will come from the equity market; loans against offtake from smelters and traders; and debt financing.
The deposit is believed to hold 6.72 million tonnes of concentrate, equating to over 900,000 tonnes of contained zinc metal. It is about to appoint an engineer and start some " soft construction " on the site, with first concentrate to be mined by the end of 2007, according to Flory. Two alternative routes have been reviewed for the future deliveries - the rail line passing through the neighbouring country of Cote D'Ivoire to the Port of Abidjan and the road transport alternatives passing through Ghana to port facilities at Tema. Aim Resources is listed in London and Australia and has market capitalisation of around A$100 million ($77 million).

jmacroesus - 19 May 2006 09:08 - 20 of 122

AIM Resources Limited ('the Company')

18 May 2006

Director acquires shares

The Company was informed today that Mr Marc Flory the Managing Director today
acquired a total of 650,000 ordinary shares via an on market trade at A$0.15 per
share for a total consideration of A$97,500. This purchase brings Mr Flory's
interested holding in the Company to 1,900,000 Ordinary shares, representing
0.32% of the issued share capital of the Company.

jmacroesus - 19 May 2006 17:24 - 21 of 122

Another 'Buy' in today's IC tip updates.

jmacroesus - 23 May 2006 10:39 - 22 of 122

23 May 2006


AIM Resources Ltd ('the Company')

Holding in Company

The Company became aware on 23 May 2006 that Mr Simon Nicholas Jones has
purchased on market a total of 19,368,158 ordinary shares (3.29%) of the Company
to become a significant shareholder.

jmacroesus - 26 May 2006 09:15 - 23 of 122

AIM Resources Limited ('the Company')

26 May 2006

Director acquires shares

The Company was informed today that on 24 May 2006 Mr Chris Innis acquired a
total of 300,000 ordinary shares via an on market trade at 6 pence per share for
a total consideration of 18,000. This purchase brings Mr Innis's interested
holding in the Company to 1,600,000 Ordinary shares, representing 0.27% of the
issued share capital of the Company.

jmacroesus - 26 May 2006 11:16 - 24 of 122

The 16 Dec 2005 Perkoa Feasibility Study, based on zinc at US$1815.50/tonne or US$0.8235/lb, gave a Net Present Value for the project equivalent to 16.7p per share.


The 28 April 2006 Quarterly Activities Review revalued the project on the basis of the 25 April 2006 zinc price of US$3,359.50/tonne or US$1.5239/lb and gave an NPV equivalent to about 40p/share.

jmacroesus - 30 May 2006 09:11 - 25 of 122

AIM Resources Limited ('the Company')

30 May 2006

Director acquires shares

The Company was informed on 29 May 2006 that Mr Scott Reid acquired a total of
250,000 ordinary shares on 29 May 2006 via an on market trade at A$0.16 per
share for a total consideration of A$40,000. This purchase brings Mr Reid's
interested holding in the Company to 2,250,000 Ordinary shares, representing
0.38% of the issued share capital of the Company.

jmacroesus - 31 May 2006 12:36 - 26 of 122

More on IC's 19/05 tip update.
Reiterated 'Buy' based on expectation of strong year for zinc in 2007 and broker forecast that 'production from Perkoa will deliver profits of A$99.7m in 2008 generating a dividend of 1.5 cents (Aus)' - equivalent to a yield of more than 8% on a share price of 7.5p.

jmacroesus - 07 Jun 2006 10:48 - 27 of 122

The following transaction takes Flory's holding from 0.32% to 0.65% of the issued capital:

7 June 2006

AIM Resources Limited ("AIM Resources" or "the Company")

Issue of Securities & Change in Director's Interest

AIM Resources announces the issue of new ordinary shares as follows.

On 7 June 2006 the Company has issued and allotted 8,500,000 new ordinary
shares, following the exercise of options. The exercise price for these options
is A$0.10 per share.

Mr Flory, the Managing Director, exercised 6,000,000 of these options for a
total consideration of A$600,000. On 7 June 2006 Mr Flory also sold off market
4,000,000 shares for a total consideration of $600,000.

This transaction brings Mr Flory's interested holding in the Company to
3,900,000 ordinary shares, representing 0.65% of the issued capital of the
Company.

Following the issue of these new ordinary shares the issued ordinary share
capital of the Company is 602,464,031. Application will be made for these new
ordinary shares to be admitted to AIM, and trading is expected to commence on 13
June 2006.

Dynamite - 27 Jun 2006 08:24 - 28 of 122

From the other side......

A Zinc Mine Close to Production & New Olympic Dam?

By Stephen Clayson
25 Jun 2006 at 07:40 PM EDT


LONDON (ResourceInvestor.com) -- AIM Resources [AIM:AIMR] is determinedly driving towards production with its Perkoa zinc project in Burkina Faso, while becoming more and more pleased with Mumbwa, its main exploration project.

AIMR expects that the Perkoa project will require $70-80m to bring into production, and the company is currently fine tuning its plans for raising this money and negotiating with potential off-takers, banks and institutional investors. The company has been speaking with some major names in the zinc smelting business regarding off-take agreements, and the market should not be surprised if news on this matter emerges soon.




In fact, the same goes for the arrangement of debt finance and the necessary placing of equity, even if the present turmoil in the equity markets may have complicated the latter somewhat.

A bankable feasibility study on the Perkoa project was completed in December and came to a positive conclusion, with 0.5 million tonnes of ore per annum figured to be mined over a 14 year project life.

AIMR is ready to move on the ordering of project items that require long lead times for procurement, being conscious of the need these days to get orders for such things in early so as to avoid delays later.

Although Perkoa amply underpins AIMR as an investment proposition, the Mumbwa copper-gold exploration project in Zambia offers investors a shot at blue sky. Indeed, AIMR?s Managing Director Marc Flory doesn?t hesitate to describe Mumbwa as perhaps comparable to the monumentally large Olympic Dam deposit in Australia.

If this turned out to be the case, it would obviously be a major event for AIMR, and maybe even for the junior mining sector as a whole. AIMR is earning into a majority stake in Mumbwa from BHP Billiton, and this could one day lead to a takeover of the former by the latter. Nothing is certain yet, but at the moment, Mumbwa looks like one of Africa?s most exciting exploration projects.

AIMR also has a PGM project in South Africa, Mokopane, but is unsure as yet whether to take this forward within the company. The project is not a bad one, but AIMR is hesitant about putting big money into the arguably rather trying South African operating environment when there are more attractive alternatives at hand.

Mokopane has a 1.1 million ounce platinum equivalent resource in place, and AIMR believes that at least 3 million ounces might be attainable with more work. The deposit would likely be suitable for open pit mining, and this might help draw in a joint venture partner or outright purchaser, which Flory indicates is probably the way things will play out.

Investment Outlook

After topping 8p last month ago, shares in AIMR have slid back along with the rest of the market, and now trade at around 5p. But with production at Perkoa drawing steadily nearer and the potential for some really attention grabbing exploration results from Mumbwa, it seems like only a matter of time before AIMR shares perk up.


jmacroesus - 27 Jun 2006 10:22 - 29 of 122

Positive article although doubt that the comments on Mumbwa are based on drilling which can only have started very recently. As far as Perkoa is concerned an important element will be the dilution resulting from whatever debt/equity ratio is used to finance it.
According to my calculations AIM still has around 6m A$0.1 options outstanding which are excercisable by 30 June 2006.

jmacroesus - 27 Jun 2006 10:29 - 30 of 122

Make that 5m.....

AIM Resources announces the issue of new ordinary shares as follows.

On 27 June 2006 the Company has issued and allotted 1,000,000 new ordinary
shares, following the exercise of options. The exercise price for 1,000,000
options is A$0.10 per share.

Following the issue of these new ordinary shares the issued ordinary share
capital of the Company is 606,214,031. Application will be made for these new
ordinary shares to be admitted to AIM, and trading is expected to commence on 3
July 2006.

3m....

On 28 June 2006 the Company has issued and allotted 2,000,000 new ordinary
shares, following the exercise of options. The exercise price for the 2,000,000
options is A$0.10 per share.

Following the issue of these new ordinary shares the issued ordinary share
capital of the Company is 608,214,031. Application will be made for these new
ordinary shares to be admitted to AIM, and trading is expected to commence on 4
July 2006.

jmacroesus - 28 Jun 2006 11:40 - 31 of 122

Reiterated 'buy' on 27 June from AIMR's brokers Seymour Pierce. They are handling the equity component of Perkoa financing.
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