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.

Hmmm can't paste for some reason...anyway Aimr mine start has been brought forward by 12months to mid 2006 see todays RNS
Di

AIM RESOURCES LTD ('AIM Resources')

Thursday 7 September 2006

MINING CHANGE TO ALLOW EARLIER START
FOR AIM RESOURCES' AFRICAN ZINC MINE

AIM Resources expects to reduce by up to 12 months, the expected start-up time
and move to full production for its flagship Perkoa zinc project in Africa.

The 500,000 tonne per annum zinc mine - in the Sanguie Province of Burkina Faso,
120 kilometres west of the capital, Ouagadougou - is now expected to commence
mining mid next year.

Addressing the Paydirt Media 2006 Africa Downunder Conference in Perth today,
AIM Resources Managing Director, Mr Marc Flory, said the reduction in time to
full production had been achieved through adopting a new mining method in
consultation with the recently appointed engineering, procurement and
construction manager, DRA Mineral Projects.

'The most influential factor was a decision to put in larger box cuts to 25
metres width as opposed to the original 10 metre section proposal,' Mr Flory
said.

'We were aiming for a 2008 start but this decision will allow that to be brought
forward by a minimum six months but nearer 12 months on Perkoa.

'Our initial rate will be 500,000 tonnes per annum but we have the capacity at
Perkoa - and with the changes proposed by DRA to lift that in a short time to
650,000 tonnes, with a high recovery rate annually of 65,000 tonnes of zinc
concentrate.'

Mr Flory also told Africa Downunder delegates that funding offtake agreements
for the mine's zinc output, were imminent. AIM Resources expected to make an
announcement on such agreements 'within the next week or two'.

'We have been negotiating with two smelters and a metals trading company with a
presence in West Africa and all of whom are interested in project
participation,' he said.

DRA Mineral Projects is an engineering company based in Johannesburg, South
Africa which specialises in project management and process plant design.

Background on DRA Mineral Projects

Established in 1984, DRA Mineral Projects has successfully designed and
commissioned many platinum and similar concentrators in Africa and have executed
process plant projects in four other continents. The Perkoa Zinc process plant
falls well within the company's range of expertise and skills.

DYNAMITE

THANKS. WITH GOOD NEWS LIKE THIS, YOU CAN NOT ASK FOR MORE. LOOKING GOOD. BEST LUCK

share magazine have tip these for your ISA portfolio?????how they are listed on aim so how can you put them in a isa????

THANKS, JMACRO

Ladies and Gents,
Two mining stocks worth watching - The first Vossnet ( soon to be tanzania gold) has just returned to AIM and has and will announce some great news and more to come.
Second - All Star Mineral - new thorium company - thorium is the replacement for uranium, but is safe and cannot be used to make nuclear weapons.

The following items have recently been posted to AIM Resources website:

* Presentation given today by MD Marc Flory to Africa Down Under Conference in Perth (3MB PDF)

* Lonsec research report on AIM Resources (1MB PDF)

* Mining Journals special publication on Burkina Faso (2.8MB PDF)

* Mining Journals special publication on Zambia (1.6MB PDF)

see: http://www.aimresources.com.au/newsletter.htm

bristlelad,

"share magazine have tip these for your ISA portfolio?????how they are listed on aim so how can you put them in a isa???? "

Because they are listed on the ASX as well as AIM. The ASX is a recognised exchange, so as far as the Inland Revenue are concerned you may put these in an ISA.

I did many months ago after checking with the IR and my on-line broker.

bobabout/ many thanks for the information/ but barclays wouldnot let ME buy them to put into my ISA/

Good morning, and good thinking about zinc. best luck

What should i say, tell me something nice about AIMR.

bristlelad,

Ask to speak to their Compliance Officer, and tell him!

They will soon change their minds!

ANDY, Good morning and cheers, i will try.

seymour pierce are urgeing buying AIMR with other stocks YOO and Croma, but no targets at moment!

shadow,

Until AIMR detail their financing plans for the mine, they really can't make any price predictions IMO.

ANDY//MANY THANKS I WILL TRY AGAIN//

Re target price.
Seymour Pierces 27 July research alert had a 16p target price.
The Lonsec 31 August report (both reports available through Aims website) puts a valuation on the shares of between 22-28 cents (Aus) (8.8-11.2p) depending upon equity/debt ratio of the Perkoa financing package. The higher figure corresponds to zero equity the lower one assumes that 470m new shares will be issued at 1.5 cents (6.0p) to raise $A70m out of a total of $A120m. Lonsec take quite a conservative view for the future price of zinc (peaking in 2007 and declining thereafter) and dont take account of the earlier start date announced on September 7 when highest zinc prices are expected.
Financing package details are expected soon.
Positive news from the ongoing Mumbwa exploration project in Zambia, or the discovery of new reserves at Perkoa could significantly boost valuations.

Jmacroe

I will put not 16p price target but 25p in my opinion. The position of AIM is unique as the whole government of Burkina Faso is involved, with support, building of railways...etc. the low cost, the stability of the political system, the nearby port of cote d'ivoire and we are talking about zinc. my strategy is to see the beginning and the end of this project before the broad market gets involved.
I think there are few companies in this excellent position. Best luck

The Lonsec report is quite cautious but it takes into account the political and logistical factors you mention.

Jmacroesus
Investors hate unstable environment but the bottom line is excellent product in a low cost environment. Burkina Fasso was a french colony, the currency is CFA in the ratio of 1=900cfa. So you raise many million of sterling and you invest them in cfa country then sell your product in a more lucrative market. One wonders if that was the reason for FAO to focus only on Africa. Juicy little fishes, delicious.