New thread started as Epic changed from LAF to LONR - May 07.





Epic : LONR

Web Site : http://www.lonrho.com/


Its something different, and something exciting imo.



Nice recent Telegraph write up to (April 2007) :

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/04/04/cnlonrho04.xml


.

An interesting and useful write up. I used to like reading Edmund Jackson's column when he wrote for the Sunday Telegraph and have seen some of his comments in the past on Citywire. He tends to have well balanced unexcitable views

Put this on both LEAD and LONR threads, all good news to those exposed to growth in Africa, LONR a lot more than LEAD, but its all relative.


http://allafrica.com/stories/200711020807.html

Africa: Africa Must Invest More in Telecommunications

Highway Africa News Agency (Grahamstown)

2 November 2007 David Kezio-Musoke

The 'Connect Africa' Summit that took place from 29 - 31 October 2007 ended in Kigali, Rwanda with a commitment of US$55 billion to investment and trade in Africa's emerging economies.

The chief of media relations and public information of the International Telecommunications Union (ITU), Sanjay Acharya told Highway Africa News Agency (HANA), that the ICT industry takes the lead of those commitments.

Meanwhile, president Paul Kagame of Rwanda said during his closing remarks that investment and trade as opposed to aid and charity must drive the transformation of Africa's economies.

Kagame called for a dynamic ICT sector to connect Africa to the global information superhighway.

"In order to realize this much-needed economic revolution, we have to forge productive relationships between government and business," Kagame said.

The Connect Africa Summit decided to bring forward ICT connectivity goals to 2012 to enable the achievement of the broader Millennium Development Goals (MDGs) by 2015.

Commitments were made to interconnect all African capitals and major cities with ICT broadband infrastructure and strengthen connectivity to the rest of the world by 2012.

By 2015, broadband and ICT services will be extended to all African villages. The Summit also sets out to meet the World Summit on the Information Society goals for capacity building, establishing an enabling environment for investment, and e-government services.

The role of governments in setting a level playing field for industry to compete was also highlighted.

It was also decided to ensure harmonization of the regulatory framework to stimulate cross-border integration in large-scale projects. Capacity building was identified as one key area for cooperation among all stakeholders.

Africa's mobile market has been the fastest-growing of any region over the last five years, and has grown twice as fast as the global market. Mobile phones overtook fixed lines in 2001 and now outnumber fixed telephone lines by nearly seven to one, with nearly 193 million mobile cellular subscribers in 2006. This figure is projected to grow to more than 270 million by the end of this year.

Stepping in to consolidate the mobile revolution in Africa, mobile operators of the GSM Association announced USD 50 billion in new investment over the next 5 years to expand and upgrade networks across the continent by 2012. This would provide mobile coverage to more than 90 per cent of the population.

The European Commission announced support for trans-African networks that facilitate interconnectivity.

An EU Trust Fund for Africa of almost 100 million Euros in grants and some 260 million Euros for loans has been established along with the European Investment Bank and ten EU member states for the period 2007-2008.

The fund, which will be substantially replenished at the end of 2008, will finance cross-border projects or national projects with a regional and continental impact that would include ICT. The Commission also announced a contribution of Euro 6 Million to support ITU's regulatory reform initiatives in Africa.

Success in mobile penetration is now set to be emulated in broadband connectivity in Africa, with new investment projects for ICT infrastructure.

"Africa is open for business," said ITU Secretary-General Hamadoun Tour "We are looking for investment through win-win partnerships in a viable marketplace by an expanding ICT industry." He added that wealth creation is key to achieving the MDGs. "This new investment in ICT infrastructure will lead to new jobs and overall economic growth," said Dr Tour

The representative of the UN Secretary-General Ban Ki-moon, Mr Sha Zukang, Under-Secretary-General of the UN Department of Economic and Social Affairs, said that innovative ways were needed to extend the reach of ICT to the most remote corners of the continent.

"I am confident that with the entrepreneurial spirit of the African private sector working with their international partners, the support of the international community and the commitment from governments, universal connectivity in Africa is no longer a utopian dream," he said.

The World Bank Group announced that it expects to double its commitment to ICT in Africa to US$ 2 billion by 2012 from its current investment programme of US$ 1 billion over the last five years. The financing will continue to promote private sector participation.

The African Development Bank (AfDB) also scaled up its investments in infrastructure, and expects to invest 60 percent of its concessional resources on infrastructure, including ICT, in the next three years.

The Bank committed close to US$ 65 million to two key regional infrastructure projects including RASCOM and the EASSy submarine cable.

Over one thousand participants, including six Heads of State, took part in the Connect Africa Summit.

The LonZim funds have now been raised and seem available for investment,with Lonr taking a 20% interest in LonZim and have power to manage the investments for a management fee. The pressure on Magabe has been stepped up following the statement by Merkel, the German Chancellor recently and could prove timely from the Lonzim viewpoint Lonr sp 46.5p.

Lonrho PLC
22 January 2008

22 January 2008

LONRHO PLC
('Lonrho' or the 'Company')

LONRHO's SHIPPING COMPANY 'SAILS'
RECEIVES 1,000 REFRIGERATED CONTAINERS
TO MEET DEMAND FROM SOUTH AFRICAN FRUIT EXPORTERS

Lonrho (AIM: LONR), the expanding conglomerate with a structured portfolio of
African investments, is pleased to announce that it's subsidiary, SA Independent
Liners Services Pty Ltd ('SAILS'), a shipping line based in South Africa, has
leased one thousand refrigerated containers for an eight year term.

The refrigerated containers are specialist units known as 'reefers' and provide
the ability to transport chilled or frozen goods. Following this transaction,
the Lonrho fleet of six vessels now has the ability to carry reefers at an
average of 30% of its storage capacity on each voyage, thereby meeting the
demand from the booming South African fruit growing market for delivering fresh
produce to the European markets. As a result of the transaction, SAILS has
become one of the leading shippers in this sector, and has secured US$ 14
million in new contracts for its shipping service to Europe.

The refrigerated units also provide a service on the return voyage, where they
can move medical and other chilled consumables being delivered to the African
market.

The containers have a contract value of US$ 28 million, based on an eight year
lease. They were ordered from Daikin Refrigerated Containers and manufactured to
order in Shanghai. The containers were delivered for use by the Lonrho fleet
during November and December 2007 and are now fully deployed.

David Lenigas, Lonrho's Chairman, stated:

'The ability to offer refrigerated containers to our customers is a niche, high
margin market, and strengthens SAILS business. The fact that all one thousand
units have been immediately put into service demonstrates the demand from this
sector for reefers. We are pleased to be supporting the expanding and important
South African fruit industry, and providing the services required to take
African goods to the European market in the best possible condition.'

sp 43p

sp 47.25p following a couple of announcements over its diamond and spring water businesses.

Reccomended in Moneyweek this week-end. Buy early on Monday before the herd.

Yes I noticed the mention as well. It was a general mention as part of an article on Africa (superior growth at inexpensive prices). For the very brave it also mentions LonZim (LZM). From memory I think Lonr owns 20% of LZM.

Monday turned out to be a bad day for any tipped share but LONR seem to be doing all the right things. I suppose the only downside is the cost of borrowing during the ongoing credit crunch.

If at long last Zimbabwe finally sees the back of Mugabe, sp will probably strengthern up from its current 36p

thought there might have been more optimism in the sp as it would seem Mugabe is on his way out. Perhaps potential investors need to see it before they believe it.Lonr interest in the country is through its 20% holding in LonZim (AIM stock). I expect many post Mugabe agreements have been made and there are plenty of uncertainties about the situation I am sure. sp 34.75p.

Lonrho PLC
30 April 2008

Lonrho Plc
('Lonrho')

LONRHO MINING IDENTIFIES AN ESTIMATED 160 KIMBERLITE PIPES FROM AIRBORNE SURVEY
IN ANGOLA


Lonrho (AIM: LONR), the conglomerate with a structured portfolio of African
investments, is pleased to announce that Lonrho Mining Ltd (formerly known as
Nare Diamonds) owned 23.01% by Lonrho, has made the following announcement to
the Australian Securities Exchange this morning:

'HIGHLIGHTS

Lonrho Mining has completed a 1,000km2 airborne magnetic and radiometric
survey over 1,000km(2) target area for the Lulo Diamond Concession with
exceptionally encouraging results

Interpretation by Lonrho Mining's independent geophysical consultant has
identified 217 magnetic anomalies of which an estimated 160 are likely to be kimberlite pipes

The diamond potential of this kimberlite cluster is very high given the
activity of an estimated 6,000 artisanal diamond miners within the Cacuilo
River terraces

A drilling programme will commence this year on the 6 largest anomalies to
confirm the presence of kimberlites

A bulk sampling programme will commence this quarter on the alluvials
following completion of base camp construction


Australian based diamond exploration and development company Lonrho Mining
Limited (ASX: LOM) ('Lonrho Mining' or the 'Company'), today announced the
identification of 217 magnetic anomalies from a helicopter borne aeromagnetic
and radiometric survey conducted at the Lulo Diamond Concession in Angola (see
Figure 1, Location Map).

The data from the survey has been processed by Fugro Airborne Surveys (Pty) Ltd
and analysed by Lonrho's independent geophysical consultant Mr E O Kostlin. He
has identified a large cluster consisting of 217 magnetic anomalies which he
believes are in all likelihood due to kimberlites or kimberlite magma blows.
This cluster is located within the diamond bearing Cacuilo River catchment area
on the Lulo concession.

Lonrho Mining's consultant geologist Manfred Marx believes that the results to
date from the Lulo survey are the most encouraging that he has witnessed since
the discovery of the Orapa Mine in Botswana in 1967.

Lulo is located in north eastern Angola, in an area which many experts believe
will become a prolific region for the production of diamonds. The Catoca mine,
which is approximately 90 kilometers from Lulo, produced approximately 7 million carats in 2007. Lulo is also adjacent to the Alto Cuilo concession which is a joint venture between Petra Diamonds and BHP Billiton where 77 kimberlite pipes have already been discovered.

Aeromagnetic Data
In February this year, a low level MIDAS helicopter survey was completed over
1,000km(2) covering the diamond bearing upper Cacuilo and Lulo Rivers. The aim
of the survey was to assist in the discovery of kimberlite deposits within the
surveyed area at Lulo.

The processing and analysis of the data acquired from the survey is now complete and has resulted in the identification of an extensive cluster of at least 217 magnetic anomalies (see Figure 2 and Figure 3).

Other diamond operators in this region (eg. Petra Diamonds Ltd, BHP Billiton)
have reported that up to 75% of the targeted magnetic anomalies drilled on their neighbouring Alto Cuilo concession are kimberlite pipes. Based on this
comparison, approximately 160 of the anomalies on the Lulo concessions are
likely to be kimberlites.

Significantly, in relation to Lulo, the terrace gravels on the Cacuilo River
have exceptionally high kimberlitic indicator mineral concentrations (see Figure 4) in addition to the presence of artisanal diggings, especially in the lower extent of the river system. Furthermore, historical records confirm the
existence of 29 kimberlite pipes that are known to be within the concession
area.


Kimberlite Work Schedule

The largest pipes within a kimberlite/lamproite province historically have the
highest grades. This approach has been successfully applied by BHP Billiton and Petra Diamonds at the adjacent Alto Cuilo project which has identified
approximately 77 kimberlites from 99 magnetic anomalies.

The Company's consultants have selected 6 of the largest targets, identified
from the aeromagnetic survey and an aerial-photo study which have minimum
estimated surface areas of between 5 and 20 hectares. The timing of this
drilling programme is dependent on final government approvals and the usual
logistical challenges, however, it is expected that the first phase testing of
the selected 6 kimberlites is scheduled for completion this year. Roads will,
as a priority, be constructed to gain access to these 6 priority targets.

Once a kimberlite is identified, bulk samples will be excavated from each pipe
and treated at the Cacuilo River diamond recovery plant. If the surface
definition of the target is unclear due to sand cover, then percussion drilling
will be undertaken as part of the assessment. The pipe with the highest
indicated grade will then be evaluated for its economic potential.


Alluvial Diamond Work Schedule

Alluvial diamond grades of between 9 and 20 carats/100tonne were recorded during colonial times in some of the Cacuilo River tributaries (Canguige and Camaconde River), directly draining some of the large photo-feature/magnetic anomalies. Further evidence of the kimberlites diamond potential is the presence of an estimated 6,000 artisanal miners in the Cacuilo River valley.

Following the recent commencement of the Cacuilo River base camp construction,
the initial bulk sampling stage will focus on the Cacuilo River terraces and
flood-plain gravels. The first 6,000 tonnes of gravel will be treated by a 16
foot rotary pan. The aim of this first phase is to determine the best
metallurgical practices applicable in the treatment of the Cacuilo gravels, as
well as to gain a basic understanding of the diamond grades and values that can
be expected in these gravel units. Given a favourable outcome, a greatly
enlarged bulk sampling programme will be initiated.

The gravel deposits will be mapped and surveyed along 1,000m spaced trenches
excavated at right angles to the flow of the ancient (and present) river. The
initial 6 x 1,000 tonne bulk samples will then be carefully selected to gain a
representative sample of the terrace gravels.

This initial phase is scheduled for completion by mid 2008.


Commenting on the survey results, Chief Executive Officer of Lonrho Mining,
Charles Mostert stated:

'We are delighted with these results which confirms our belief that Lulo has the potential to be a world class project. The survey results have exceeded our expectations and demonstrates the high diamond prospectivity at Lulo. With the survey completed we look forward to finalising outstanding approvals and will then commence a drilling program as part of developing this exciting project.'


About Lulo

The Lulo Diamond Concession is located in the Cuango River Basin within the
Lunda Norte Province of north-eastern Angola approximately 630km from the
capital city of Luanda. This concession is Lonrho Mining's flagship exploration
project based on the high diamond potential. Some 29 kimberlites are known
within the concession and extensive diamond bearing (garimpeiro activity)
alluvials occur along the Cacuilo and Lulo Rivers.

Earlier this year Lonrho Mining announced that it had signed a Joint Venture
Agreement with Endiama, the national diamond company of Angola and exclusive
concessionary for Angolan diamond mining rights. Within the 3,000km2 Lulo
Concession, Lonrho Mining's participating interest in the kimberlite deposits
will initially be 39% of the joint venture which will decrease to 30% after
recoupment of its investment in the Project. On all alluvial deposits Lonrho
Mining's participating interest will be 40% in the joint venture.

Under the terms of the Joint Venture with Endiama, Lonrho Mining has paid a
deposit of US$1.4 million in cash which is refundable after exploration
expenditure of twice the amount by the Company within nine months after signing
of the Joint Venture agreement. Lonrho Mining is also required to fund a work
programme for which the first year of exploration expenditure will total US$3,5
million. Lonrho Mining will receive in priority the funds it has expended on
exploration from future mining cash flow.

The Company has received all necessary approvals to commence exploration and
development of the alluvial deposits at Lulo and is awaiting final gazettal
approval in relation to the kimberlite deposits.'


For more information please visit:

www.lonrhomining.com


Competent Persons Disclosure
The information in this report that relates to Exploration Results, Mineral
Resources or Ore Reserves has been prepared by Manfred Marx and Consulting
Geophysicist E. O .Kostlin. Mr Marx and Mr Kostlin are consultants to the
Company and each has sufficient experience with the relevant style of
mineralisation and type of deposit under consideration and to the activity which he is undertaking to be qualified as a Competent Person as defined in the 2004 Edition of the 'Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Each of Mr Marx and Mr Koslin consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.


Figure 1 - Lulo Diamond Concession
Figure 2 - Aeromagnetic total magnetic intensity colour contours
Figure 3 - Vertical gradient magnetic colour contours
Figure 4. - Digital terrain image showing Cacuilo River drainage pattern

Paste the following link into your web browser to download the PDF document
related to this announcement:

http://www.rns-pdf.londonstockexchange.com/rns/4081t_-2008-4-30.pdf


LONRHO ENQUIRIES

Lonrho Plc +44 (0)20 7016 5105
David Lenigas, Executive Chairman +44 (0)7881 825 378
Geoffrey White, Chief Executive Officer +44 (0)7717 307 308
Emma de Borchgrave, Executive Director +44 (0)7867 785 177


NOTES TO EDITORS
About LONRHO:

Lonrho Plc is an expanding conglomerate that is rapidly growing a successful
business throughout Africa. The Company's shares are traded on the London AIM
stock exchange (LONR). Lonrho is strategically focused on the development of
business opportunities in infrastructure, transportation, support services and
natural resources. The Company has over 20,000 shareholders and substantial
institutional backing to support its mandate to build a profitable business that plays a fundamental role in the development of the African economy.

Since 2006, the Company has invested in or acquired control of:

Hotel Cardoso -
www.hotelcardoso.co.mz (retained)

Lonrho Mining -
www.lonrhomining.com

Luba Freeport -
www.lubafreeport.com

Fly540 -
www.fly540.com

Swissta Holdings -
www.swissta.com

SA Independent Liner Services -
www.saliners.com

Bytes and Pieces

Kwikbuild -
www.e-kwikbuild.com

LonZim -
www.lonzim.co.uk


This information is provided by RNS
The company news service from the London Stock Exchange

19 May 2008




LONRHO PLC

('Lonrho')


Lonrho establishes 'Lonrho Projects South Africa ( Pty ) Limited' to develop key projects

in South Africa


Lonrho Plc (AIM: LONR), the conglomerate with a structured portfolio of African investments, is pleased to announce that it has established a new company in South Africa to undertake detailed feasibility studies on several major projects within South Africa that Lonrho Plc is currently evaluating.




The new company, which operates from Johannesburg, is carrying out pre-development feasibility and design studies for strategic opportunities including:




an oil terminal and port infrastructure development




a banking project




development of a resort hotel




regional aviation and airport opportunities

The new company has appointed Mr Sipho Nyawo to the Board of Directors. Mr Nyawo has a long career in infrastructure based developments, having worked with the United Nations Centre for Regional Development , in Nagoya, Japan, the Port Authority in New York and New Jersey in the United States; latterly holding senior executive roles with the Port of Durban, Transnet , Southern Africa Infrastructure Consulting Group (SAICOG); and serving as Government Commissioner in the KwaZulu Natal Provincial Commission for Planning and Development.




David Lenigas, Lonrho's Executive Chairman commented:


'Lonrho is undertaking in depth feasibility studies for several major new initiatives in South Africa. As part of this process, we are keen to utilise local skills and expertise whenever possible. Lonrho Projects South Africa pty Limited brings local skills to the Board, and the potential for strategic BEE involvement in our proposed developments'

Shares were tipped by the Midas column in Sunday Mail. Facts are mainly old hat but finishes article by saying that shs have fallen from 48p in January primary to general market conditions. At current levels shares are a punt and is not for faint hearted but rewards could be significant if Lenigas delivers.

Personally, I wonder if the stock is being wound up again for another move upwards.

The proposed South African study is interesting. I see that they are having racial troubles out there (including Joburg) with crowds attacking immigrants/foreigners and talk that military may have to be used to quell the problem if it spreads.

sp 33p

LONR
The lowest price recently was yesterday and again today was 28 / 28.25p, but there was only being tested with 100 shares on the offer side, and both times were taken with "AT" no chance of anyone buying.

Today is mosly buying "O" trades and the corresponding "AT" to balance the order book.
Another positive sign , the L2 order book is much stonger on the bid side with 7 extra trades

Keep an Eye (Added by Master RSI on Fri 23 May 03:23 pm)

LONR - Mid 28.375p (28.25/28.50)
Reason - There is signs that the bottom was reached on this cycle, now is good point for re-entry. Share price has reached the parabolic SAR and want to bounce from there, Slow stochastic also at its low oversold and is allways the first to turn.

LONR 28.75 - 29.25p +0.75p

Had a couple tick up already at both sides, and that should be the last move today

And finishing with a candlestick "hammer" very bullish as a reversal from a downtrend ...

BULLISH HAMMER
Type: Reversal
Relevance: Bullish
Prior Trend: Bearish

Confirmation: Definitely required

Definition:
The Bullish Hammer Pattern is a significant candlestick that occurs at the bottom of a trend or during a downtrend and it is called a hammer since it is hammering out a bottom. The Bullish Hammer Pattern is a single candlestick pattern and it has a strong similarity to the Bullish Dragonfly Doji Pattern. In the case of Bullish Dragonfly Doji Pattern, the opening and closing prices are identical whereas the Bullish Hammer Pattern has a small real body at the upper end of the trading range.

Recognition Criteria:
1. The market is characterized by a prevailing downtrend.
2. Then we see a small real body at the upper end of the trading range. Color of this body is not important.
3. We would like to see the lower shadow at least twice as long as the real body.
4. There is no (or almost no) upper shadow.

   

Decided to follow you in on this one Master.

Looks as though you have surpassed yourself again.

Well done!

Glad to say I sold my holding at higher levels but have been looking to buy back. However, I gather from another BB ( Interactive investor) that the Co wished to raise further funds which was not well received by institutions. May be wrong but, I am not getting good vibes from this one. Watching on sidelines for now.

Could be one for the Ups as MDC takes over in Zimbabwe:

LONDON (Thomson Financial) - LonZim Plc. said pretax profit for the period Oct. 25, 2007 to May 31, 2008 came in at 699,000 pounds, as expected given the economic climate in Zimbabwe.

The AIM-listed company said cash held at the end of the period was 23.1 million pounds.

Despite the ongoing uncertainty following the recent elections in Zimbabwe the company said it remains positive for the eventual long term recovery of the economy and continues to seek investments which will support this.

ZANU PF & MDC Sign Power Sharing Agreement today. Start of Long Term recovery?