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


.

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?

It would be nice to think so but, imho it needs Magabe to be totally out of the scene. It would not surprise me if he get up to more dirty tricks.

Holders, and those interested in this diversified stock should enjoy this new article and analysis.

I recently saw their presentation, and LONR are one that is well worth tucking away, IMHO.


Click HERE for article

Thanks for that link Andy. Already hold and have tucked away as you say. Company needs to break even to slow any further major dilution.

Company progressing well on all fronts - looks promising

I selected this morning the shares on the "UPS" thread to go UP from here ..........

UPS
LONR 11.875p (11.75 / 12p )

Reason: the retracement seems is over as the larger buying trades are showing on the ticker, there is still a selller at 12p on the order book (112K keeps appearing) but not able to stablised how big it is. Positive Indicators mainly the Bollinger Band as the share price is under the lower band ( buying time )

Intraday

2 month with volume

3 month Bollinger Bands,RSI, S Stochastic and 50 days MA

Charts - 2 days

Holders should find this of interest, Geoffrey White on video talking to Proactiveinvestors.com!

Click HERE to access the interview

From the Daily Mail last week:-

Lonrho's shares will be moving up from the junior market to a full listing on April 26 and institutions are bound to take a closer look at the company which is considered to be an excellent play on emerging African markets.

Read more: http://www.dailymail.co.uk/money/article-1376305/MARKET-REPORT-GEOFF-FOSTER-Lonrho-takes-aim-FTSE.html#ixzz1K9nj5ytY

A steady start to LONR's listing on the Main Market and the addition of the Rt. Hon. Sir Richard Needham as an independent Non-Executive Director looks good.

David Lenigas, Lonrho's Executive Chairman, commented:

"Sir Richard Needham has extensive Governmental and commercial experience with a global perspective, and brings in-depth experience of working in the Far East, a region where Lonrho is seeing growing interaction for trade and infrastructure projects between Africa and the Far East."

I am removing ALL my research from here due to the constant personal abuse, defamation and distortions of it posted by:

ptholden

hlyeo98

halifax

blackdown

kimoldfield

cynic


This bunch of abusive retards is the reason MoneyAM will NEVER have a forum worth reading.

I have reported them to support by they do nothing, either because they want to force me to PAY them for the Traders Room or because they are too lazy to do anything. Maybe the people in support are the ones perpetrating the abuse, so as to force people to pay for the premium boards. Either way the service is sh1te and a disgrace to the finance industry. No wonder there is nobody left here apart from morons.

I will continue posting my good research on boards that are run in accordance with FSA and LSE listing rules and the interests of the market, not here where ar5eh0les rule the boards and all decent research is buried under their piles of sh1te.