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."
ateeq180
- 12 May 2005 20:36
- 78 of 140
Patience is running out with this one,come on zareba show your worth sooner than later.big buys this after noon,or i should say reasonable buys,but price is just static,one day hopefully we will be rewarded,good luck.
julian1976
- 13 May 2005 00:29
- 79 of 140
haystack if you have time could you please explain rollovers to me. thanks.
julian1976
- 17 May 2005 18:21
- 80 of 140
this is the post off iii
As expected, I got through to Mr Woolgar again a few moments ago. I kept it brief and highlighted that people are showing interest in the stock. He said that John Malins is still in South Africa but reported that all directors are happy with the progress they are making.
I asked whether it would be possible for them to announce something (simply highlighting how they are getting on). He said they only plan to announce news once a deal has been signed and sealed. I suggested that it would do no harm in giving a progress report to investors and the market in general - he said he'd "discuss it with his partners and make a decision shortly"
Seemed upbeat again, and kept on mentioning John Malins. He said they are keen to release news asap but will not rush the news.
Unless I'm being spun a yarn here, I don't see any reason to sell. SP seemed to recover from 0.75 today and quite a few (small) buys today too.
julian1976
- 24 May 2005 21:02
- 81 of 140
im begining to think that we have been well and truely done over with this pile of ...............
wilbs
- 24 Aug 2005 13:49
- 82 of 140
Anyone still hold these?
Been upto 78% today.
wilbs
TheMaster
- 24 Aug 2005 13:56
- 83 of 140
Rumors about news of their uranium assets, still hold some
krypton
- 24 Aug 2005 13:59
- 84 of 140
........or SueHelen has moved on to a new target !!
wilbs
- 24 Aug 2005 14:01
- 85 of 140
I still hold. Something is happening.
the manageress
- 24 Aug 2005 15:11
- 86 of 140
talk on sharecrazy of a suspension coming up due to a possible big deal.
wilbs
- 24 Aug 2005 15:18
- 87 of 140
Lets hope so, we will see.
gordon geko
- 25 Aug 2005 09:06
- 88 of 140
moved a bit last copule of days any idea why ?
TheMaster
- 25 Aug 2005 09:12
- 89 of 140
Post 86 - I heard that deal rumor as well, company will have to put out RNS soon
the manageress
- 25 Aug 2005 16:06
- 90 of 140
No smoke without fire,will only take one RNS to get this stock rising northward.
fingers crossed (that usually works).
TANKER
- 01 Oct 2005 10:06
- 91 of 140
loks like they is going to be some movement.
ShrewdTone
- 01 Oct 2005 21:26
- 92 of 140
I take it you've all seen the interims released yesterday - if not they can be viewed via the following link:
http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNewsPopup.aspx?id=1078394&source=RNS
TANKER
- 03 Oct 2005 10:52
- 93 of 140
someone is interested.?
rodspotty
- 03 Oct 2005 11:54
- 94 of 140
Yes indeed EVO's bidding for stock, 1m electronically @1.08p. DYOR
Rodders
dexter01
- 03 Oct 2005 14:07
- 95 of 140
price holding up well, with the buy / sell ratio, i saw this on another BB, could be interesting .
Dexter
++++++++++++++++++++
I've just been reading an article from Sept 30 edition of Moneyweek. Specifically, the Commodities article on page7.
It mentions Namibia's Valencia mine - I've done some research on this and discovered that a stake in this mine is held by the government there. This uranium mine is a HUGE moneymaker and stakes are also held by US miner Cameco and Forsys Metals from Canada.
Based on their previous track record, ZBA directors are aquainting themselves with the right people
dexter01
- 04 Oct 2005 10:07
- 96 of 140
Morning all,
wilbs, how are you doing mate ?.
just thought i would post the interims, they look pretty good for the future IMO.
Dexter.
+++++++++++++++++++++++++++++++++++++++++++=
Interim Results
RNS Number:0484S
Zareba PLC
30 September 2005
Zareba PLC
Interim report for the period ended 30 June 2005
Chairman's Statement
This is my first report following the flotation of the Company in February 2005.
The attached profit and loss account shows that the company made a loss for the
period to June of #38,619and had some #1.35 million in cash resources.
The company was floated to make investments in the mining and minerals sector.
Its first investment was announced on 8 June, and was in a company developing a
diamond mine in Northern Namibia. The initial investment of N$ 500,000 has been
subsequently increased by a further N$ 500,000. The total investment represents
10% of the investee company, which is named Shelfco 21 Pty Limited. A Competent
Persons Report was commissioned from Placer Analysis Ltd, but this report has
been delayed to enable further data to be included. In the meantime the mine
itself is scheduled to be formally opened on 15 October 2005 by the Minister of
Mines and Energy of Namibia, and the opening is likely to appear on the Namibian
national television.
Other investments are also under examination, including investments which would
constitute reverse acquisitions under the AIM rules, but no firm agreements for
such investments have been made.
The directors remain conscious of the need to conserve cash, and expenses are
being kept to a minimum. They remain confident that Zareba will meet the
criteria of the London Stock Exchange for investment companies within the time
limits set by the Exchange.
Brian Moritz
(Chairman)
PROFIT AND LOSS ACCOUNT for the period ended 30 JUNE 2005
Notes 30 June
2005
#
Administrative expenses (55,539)
Operating loss (55,539)
Interest receivable 16,920
Loss on ordinary activities before taxation (38,619)
Tax on loss on ordinary activities -
Retained loss for the financial period 5 (38,619)
The profit and loss account has been prepared on the basis that all operations
are continuing operations.
There were no gains or losses in the period other than those included in the
above profit and loss account.
BALANCE SHEET as at 30 JUNE 2005
Notes 2005
#
Fixed assets
Investments 1 41,220
Current assets
Debtors 2 5,357
Cash at bank and in hand 1,349,790
1,355,147
Creditors: amounts falling due within one year 3 (6,506)
Net current assets 1,348,641
Total assets less current liabilities 1,389,861
Capital and reserves
Called up share capital 4 203,300
Share premium account 5 1,225,180
Profit and loss account 5 (38,619)
Shareholders' funds - equity interests 6 1,389,861
CASH FLOW STATEMENT for the period ended 30 JUNE 2005
Notes 2005
#
Net cash outflow from operating activities A (54,390)
Returns on investments and servicing of finance
Interest received 16,920
Net cash inflow from returns on investments and 16,920
servicing of finance
Acquisitions and disposals
Purchase of investment (41,220)
(41,220)
Cash outflow before management of liquid resources (78,690)
and financing
Management of liquid resources
Cash term deposits (1,200,000)
(1,200,000)
Financing
Issue of ordinary share capital 1,583,000
Cost of share issues (154,520)
Net cash outflow from financing 1,428,480
Increase in cash in the period C 149,790
NOTES TO THE CASH FLOW STATEMENT for the period ended 30 JUNE 2005
A Reconciliation of operating loss to net cash outflow from operating activities
2005
#
Operating loss (55,539)
Increase in debtors (5,357)
Increase in creditors within one year
6,506
Net cash outflow from operating activities (54,390)
B Analysis of net funds
23 October 2004 Cash flow 30 June 2005
# # #
Net cash:
Cash at bank and in hand - 149,790 149,790
Liquid resources:
Bank deposits 1,200,000 1,200,000
Net funds - 1,349,790 1,349,790
C Reconciliation of net cash flow to movement in net funds
Increase in cash in the period 149,790
Cash outflow from increase in liquid resources 1,200,000
Opening net debt -
Closing net funds 1,349,790
NOTES TO THE ACCOUNTS for the period ended 30 JUNE 2005
1. Fixed asset investments 2005
#
Unlisted investments 41,220
2. Debtors 2005
#
Other debtors 5,357
3. Creditors: amounts falling due within one year 2005
#
Trade creditors 6,024
Other creditors 482
6,506
4. Called up share capital 2005
#
Authorised
1,000,000,000 ordinary shares of #0.001 each 1,000,000
Allotted, called up and fully paid
203,300,000 ordinary shares of #0.001 each 203,300
NOTES TO THE ACCOUNTS for the period ended 30 JUNE 2005 (continued)
5. Statement of movements on reserves Share premium Profit and loss
account account
# #
Retained loss for the period - (38,619)
Premium on shares issued during the year 1,379,700 -
Cost of share issue written off to share premium account (154,520) -
At 30 June 2005 1,225,180 (38,619)
6. Reconciliation of movements in 2005
shareholders' funds #
Loss for the financial period (38,619)
Proceeds from issue of shares 1,583,000
Cost of share issue written off to share premium account (154,520)
Net addition to shareholders' funds 1,389,861
Opening shareholders' funds -
Closing shareholders' funds 1,389,861
This information is provided by RNS
The company news service from the London Stock Exchange
END
IR QBLFXEKBFBBB
dexter01
- 14 Oct 2005 14:31
- 97 of 140
sounds interesting!,
Below Taken from III,
Nothing new but the Last line is interesting,
Following this morning's events with Zari, I thought I'd ask the question.
**********START**********
-----Original Message-----
From: Woolgar, John [mailto:Jwcapitalideas@aol.com]
Sent: 13 October 2005 14:01
TO: III
Subject: Re: ZBA
Dear Sir thank you for your query. It is quite likely that in any reverse
takeover situation concerning a cash shell the bulk of the shells directors will depart.Their task completed. We are now focused on a number of promising avenues for Zareba.
Best regards John Woolgar
From: III
Sent: 13 October 2005 10:51
To: Jwcapitalideas@aol.com; jwoolgar@zariresources.com; Woolgar, John
Subject: ZBA
Dear Mr Woolgar
I read with great interest this morning the statement from Zari plc. The one thing that concerns me the most is the departure of all founder directors of the company bar yourself. Is this something that i should also expect to see with Zareba plc?
With the mine in Namibia opening this week, I was under the impression that the company was making good progress. Can you provide any comments?
Regards
Andy
Private Investor