dexter01
- 15 Feb 2005 10:09
Zareba floated on AIM on 14/02/05, it looks to have huge potential.
Dexter
****************************
ZAREBA issued on Monday 14th February: size of offer 1.5M
Name Number of Ordinary Shares Percentage of issued share capital following Admission Brian Moritz 10,000,000 5.0% John Woolgar 5,000,000 2.5% James Burgess 10,000,000 5.0% Jo Malins 10,000,000 5.0% FGL Asset Management Ltd 10,000,000 5.0% RAB Energy Fund Limited 10,000,000 5.0%
Business:
Making investments in the mining and minerals sector in Australasia, Africa and the former Soviet Union
****************************
Saturday February 12, 1:22 AM
Zareba To Acquire Uranium Asset Within A Month - Sources
By Sarah Thompson
Of DOW JONES NEWSWIRES
ADVERTISEMENT
LONDON (Dow Jones)--Zareba, due to make its debut on London's Alternative Investment Market Monday, will make a significant acquisition within a month, people familiar with the deal told Dow Jones Newswires.
The U.K. mining shell is to announce the purchase of a "huge" uranium asset in Australia, the sources said.
Zareba has been established for the purpose of making investments in the mining and minerals sectors. It is being floated Monday at one penny.
Executive Chairman Brian Moritz is a director of Southern African Resources (SFU.LN), the shares of which have gone from three pence to 35 pence within 18 months.
Zareba's directors are also involved in Zari Resources PLC (ZAR.LN), which floated at 1 penny in July 2004 and closed today (Friday) at 4.13 pence.
A spokesman for Zareba said: "There are some assets we are looking at, and a uranium asset in Australia is one of them. It hasn't been dismissed out of course."
dexter01
- 15 Feb 2005 11:12
- 3 of 140
AIM
09 February 2005
ANNOUNCEMENT TO BE MADE BY AIM APPLICANT AT LEAST 10 BUSINESS DAYS PRIOR TO ADMISSION
ALL APPLICANTS MUST COMPLETE THE FOLLOWING:
COMPANY NAME:
Zareba plc
COMPANY ADDRESS:
55 Gower Street
London WC1E 6HQ
COMPANY POSTCODE:
WC1E 6HQ
COUNTRY OF INCORPORATION:
United Kingdom
COMPANY BUSINESS:
Making investments in the mining and minerals sector in Australasia, Africa and the former Soviet Union.
DETAILS OF SECURITIES TO BE ADMITTED :
200,000,000 ordinary shares of 0.1p each
CAPITAL TO BE RAISED ON ADMISSION:
1,500,000
FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:
Brian Moritz (Chairman)
John Woolgar
James Burgess
Jonathan Malins
PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL
STATING WHETHER BEFORE OR AFTER ADMISSION:
Name Number of Percentage of
Ordinary Shares issued share capital
following Admission
Brian Moritz (Note 1) 10,000,000 5.0%
John Woolgar 5,000,000 2.5%
James Burgess (Note 2) 10,000,000 5.0%
Jo Malins (Note 3) 10,000,000 5.0%
FGL Asset Management Ltd 10,000,000 5.0%
RAB Energy Fund Limited 10,000,000 5.0%
NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (G) OF THE AIM RULES:
N/A
ANTICIPATED ACCOUNTING REFERENCE DATE:
31 March
EXPECTED ADMISSION DATE:
14 February 2005
NAME AND ADDRESS OF NOMINATED ADVISER:
Nabarro Wells & Co. Limited
Saddlers House
Gutter Lane
London EC2V 6HS
NAME AND ADDRESS OF BROKER:
Hichens, Harrison & Co. plc
Bell Court House
11 Blomfield Street
London EC2M 1LB
DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT
THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:
55 Gower Street
London WC1E 6HQ
DATE OF NOTIFICATION:
9 February 2005
hangon
- 15 Feb 2005 14:51
- 4 of 140
What a wonderful stock...or is it?
I'm surprised that companies can raise money without any specific objectives, the objectives being pretty much nondescript and all-encompasing. Still to list on AIM one expects the highest levels of prudence (only just short of FTSE Listing), so we can be reasonably content that some deal will be done. Some concern is the lack of any track-record and if they are to buy some Uranium field who is selling it? Why don't they want to develop it themselves, etc.
It is odd that an Australian Mining Operation would want to list here in London, where there is little in the way of mining.
I have bought into this stock simply because there is the promise of a deal, but I suppose it would have been better if the Company was established - however, they would have demanded a higher price. Investors in the earlier floatations cited will be well-pleased except perhaps that their Directors are spending less time in their interests.
One for the LSE and FSA to watch, with interest.
dexter01
- 15 Feb 2005 15:20
- 5 of 140
hangon,
I think this stock is a good short term punt, judging the way other resource stock behave when they come to the AIM market, look at PWC today!, absolutly no logic to it.
Dexter
ethel
- 15 Feb 2005 17:30
- 6 of 140
The naked trader dropped the hint on his website,asking that no-one follow him in on this!!!!PURE speculation.Can you buy an uranium mine cheaply these days??Don't want to touch the stuff.ETHICS RULE.....for Ethel....
dexter01
- 16 Feb 2005 09:40
- 7 of 140
ethel,.
If you read the whole article on the naked trader it reads differently to the bit you posted. I`m only in this for a quick profit and the ethics surrounding uranium don`t come in to it, it is used for things other than military, ie. nuclear power stations, and despite the "greenies" view it is a cleaner alternative. Here is the whole of robbie burns piece on ZBA.
Dexter
*****************************In order to give you an idea of the kind of share I'm going for with the new-look Sipp, My first buy was shares in Zareba (ZBA) this morning at 2.4p.
It's a new issue on the markets and a high risk mining shell, it's due to make a major acquisition in a few days.
The reason I bought was the management has an excellent track record in this area and I felt it was worth the gamble.
This is the kind of share I'm after for the new-look Sipp. I hope you will find it interesting to see how I get on and I will update from time to time. Please do not follow me in to this.
I also recommend strongly that those of you with Sipps do not follow my new strategy. Please remember I am now very wealthy and can afford to mess around with my pension.
You may not be in the same boat and I suggest you build your Sipps slowly but surely as I have done with my ISAs.
tau
- 16 Feb 2005 13:40
- 8 of 140
very much blue day today. Im in for a bit of uranium. short term demand for this stock is likely to be high because of aquisition speculation, but long term may also prove to be a possible winner, as dexter points out, as a play on alternative energy. Even more poignant with todays kyoto protocal being finally activated.
tau
- 16 Feb 2005 13:43
- 9 of 140
even if australia did not agree to it!
ethel
- 16 Feb 2005 14:09
- 10 of 140
How can Nuclear Power be clean when no-one knows what to do with the waste and terrorists etc. are buying up stuff to make "dirty" bombs.Have you forgotten Three Mile Island and Chernobyl?Whether it's a quick punt or not you are still contributing to the continued use of nuclear power with all the terrible consequences in today's dangerous world ...viz.N Korea and Iran.Sorry to put the dampner on but this is my opinion and I am not totally alone in this way of thinking.It is almost impossible to be ethical in stock selection,unfortunately,but we should do our best to be aware.
dexter01
- 16 Feb 2005 14:20
- 11 of 140
ethel,
I respect your views. How much muck etc has conventional methods put up into the atmosphere?, three mile island and chernobyl were isolated incidents.To me if a co. is listed and we are able to trade it, it would be lunacy imo not to make some money. How many terrorists have used "dirty bombs"?, none to my knowledge, how many nuclear subs. have blown up because of there power units ?, none to my knowledge. I lived near to Dungeness station when i was a kid, but i`ve only got one head!.
Again ethel i respect your views, but i`m here to make money for today.
regards,
dexter
ethel
- 16 Feb 2005 15:34
- 12 of 140
By the way,DextorO1 I was being togue in cheek when I quoted the naked traders very own words:"Please do not follow me into this".And,of course all his followers disobeyed him,but not me!!I wish you well with this punt.Ethel Green
dexter01
- 16 Feb 2005 15:39
- 13 of 140
ethel,
when you posted that it was far too early to get the tongue in cheek bit!
dexter
proptrade
- 16 Feb 2005 16:04
- 14 of 140
i am loving this polite banter guys! Ethel, i shall call you Mrs Green in future. so polite!
ethel
- 16 Feb 2005 16:41
- 15 of 140
Ms.Green,Mr Proptrade!!!!
proptrade
- 16 Feb 2005 16:51
- 16 of 140
my apologies madam!
hangon
- 16 Feb 2005 17:36
- 17 of 140
This is nothing to do with the merits of ZBA
Nuclear energy is safe if handled properly: Three-mile-island and Chernobyl were blatently mis-managed and should never have happened. I'm with Dexter01 on this, I think. France has nearly 80% (that much?) Nuclear electricity and one hears nothing about problems there.
We must also remember that the amount of nuclear material needed is quite small I recall the WWII bombs used about 1 gram and Where Did it come from - out of the earth! It is already here......admitedly in low concentration.......and dirty bombs are mostly feared than practical - a simple giger counter at airports/tube entrances would identify people carrying it, as it could not be carried in a lead-flask (someone might notice).
Nucler power has some down-side but very little compared with the prospect of Oil running out - Oil should be kept for lubrication and military use alone. Everyone else use electric - electric vehicles are just about practical and soon will even better, just look at the development of the car from its origins.
ethel
- 16 Feb 2005 18:02
- 18 of 140
The only downside of a nuclear "accident" is the terrible consequences...unimaginable destruction and pollution lasting for generations.All that horror for cheaper electricity..no way
bigbobjoylove
- 16 Feb 2005 20:56
- 19 of 140
back to the share folks.
I'm in for d multibagggggggggggggggggggggggggggggggggg.
moneyman
- 16 Feb 2005 22:11
- 20 of 140
So am I ;-)
proptrade
- 17 Feb 2005 12:03
- 21 of 140
any idea of the mkt cap?
dexter01
- 17 Feb 2005 12:04
- 22 of 140
it was 1.5m at 1p issue price.