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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.

1sharecrazy - 24 Mar 2005 14:19 - 3 of 122

Nice bit of press in shares mag` saying that they are close to signing off zinc contracts.

Oakapples142 - 24 Mar 2005 16:19 - 4 of 122

Looks good - I tried HSBC but could not trade - EPIC not yet recognised !! No time for the labour of telephoning - good luck - will take a look next Tuesday

aimtrader - 27 Mar 2005 00:10 - 5 of 122

1sharecrazy,

please keep the news coming, looks interesting!!!

zinc is in short supply so price will probably rise...

jmacroesus - 01 Mar 2006 13:37 - 6 of 122

Heres the ICs 10/02/06 comment:
AIM Resources (AR) recently announced the completion of a feasibility study on its key Perkoa zinc project in Burkina Faso. The study was conducted by well-regarded Australian consultancy Snowden, and showed that Perkoa contains 6.3rn tonnes of ore grading nearly 14.5 per cent zinc. That's an impressive grade, and means that operating costs per tonne of ore should be a modest $53.50.
So, in the face of current, record high zinc prices, it's not surprising that AR's shares have risen strongly in the past few weeks. And with broker Seymour Pierce putting the net present value (NPV) of Perkoa at 85.4m, or 16.7p a share using a 10 per cent discount rate, there's considerable scope for further gains. In fact, as well as Perkoa, the company has other assets across Africa and a 7.6 per cent investment in Australian-quoted Discovery Nickel.With the feasibility study in place, AR can now put together the finance for Perkoa. Barclays Capital, one of the world's leading debt-finance providers for small mining projects, is on board, while Seymour Pierce will help with any equity component. At this stage, it's estimated that it will require $72.5m (41.2m) to get Perkoa into production.According to the feasibility study, the project is set to generate revenues in excess of $1.3bn over a 14-year mine life, using a zinc price of $1,815 per tonne. That's a relatively high assumption for the long-term zinc price, and may account for some of the gap between the 16.7p NPV and the company's share price. But with a financing deal expected this quarter, project development likely to start in months and first production due in mid-2007, AR should be able to sell into strength for several years yet.
Under the feasibility study, it will only take two years to pay off project costs, so AR can then focus cash flow on its other projects. By then, a copper-gold joint venture with BHP Billiton may also be gathering steam. Buy.

jmacroesus - 02 Mar 2006 10:44 - 7 of 122

RNS 2 March 2006

PERKOA MINE MANAGER APPOINTED

AIM Resources Limited is pleased to announce the appointment of Mr Vic
Fitzmaurice as Mine Manager for our Perkoa Zinc project in Burkina Faso.

Vic completed his BSc Eng. (Mining) and a Graduate Diploma in Engineering
(Mineral Economics) at the University of the Witwatersrand in Johannesburg,
South Africa. He has a great deal of experience in the African mining sector,
having held positions with Gencor, De Beers, and most recently with Aquarius
Platinum, as Mine Manager at their Kroondal Platinum Mine in South Africa.

This appointment continues the rapid progress achieved by AIM Resources Limited
in developing the Perkoa Zinc Project. Mr Marc Flory, AIM Resources' Managing
Director said 'The appointment of Vic to our team in Burkina Faso adds a wealth
of skills and experience to the company. Together with the extensive experience
of Mr Adama Barry, AIM Resources' Country Manager, we now have a first class
project management team in place to continue the fast track development of
Perkoa.'

This appointment is effective immediately and Vic has recently been on site to
review the project and make arrangements to formally commence his role.

ellio - 15 Mar 2006 12:18 - 8 of 122

Anybody any comments on these???

jmacroesus - 15 Mar 2006 17:41 - 9 of 122

The stock has price risen strongly following the placement on March 8. Buyers/Sellers about equal today but the high 6.0p bid price maintained at the close. Here's the March 8 RNS item in case you missed it:

AIM RESOURCES RAISES A$5.6 MILLION FROM UK INVESTORS

The directors are pleased to advise that they have placed, through their London
based stockbroker, Seymour Pierce, a total of 60,000,000 fully paid ordinary
shares at an issue price of 4 pence per share to UK based institutions and fund
managers to raise GBP 2,400,000 (AUD$5.6 million at an exchange rate of 0.4225)
('Placement Shares').

The Placement Shares will be allotted and issued to applicants following receipt
and clearance of their subscription monies pursuant to the Company's 15%
facility.

Company Managing Director, Marc Flory commented 'I am very happy with the
positive response and interest shown in Perkoa by the UK investment
institutions. This raising enables us to progress Perkoa Zinc and to drill our
prospective Mumbwa Project which is a copper/gold joint venture with BHP
Billiton'.

Application will be made for the Placement Shares to be admitted to trading on
AIM and ASX and dealings are expected to commence on 13 March 2006.


About AIM Resources

The Company's primary focus is on its world class, high grade Perkoa Zinc
Project.

Perkoa Zinc Project Background

Reserve (proved and probable) 6.27 million tonnes @ 14.5% Zn = 907,679t
Represents over US$2 billion in ground metal value at US$2,200/tonne
Establishment Capital Cost: US$72.5 million
US$ Cash OPEX 18 cents/lb to mine gate: US$53.5/tonne
Life of Mine: 14 years
Project NPV @10%: US$147.7 million
Project NPV per issued share: A$0.38
IRR: 43.5%
Annual revenue two years out forecast at US$100 million
Simple treatment process: Crushing, Dense Media Separation, Floatation
ROM Plant Treatment 500,000 tonnes/annum
Producing 116,000t (avg) in concentrate/annum at 53% Zn - clean concentrate
93% recovery
Total cash OPEX US$102 per tonne ROM ore to port

chris5443 - 18 Mar 2006 08:45 - 10 of 122

look like a great long term investment

ellio - 18 Mar 2006 23:54 - 11 of 122

Agreed, very tempted

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.

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