Australian (ASX) Stock Market Forum

ANL - Amani Gold

Can anyone tell me when the close out date is to except the options offer? I'm working away from home at present and cannot check my mail.
 
Lehman Brothers investment bank out of London is a substanital shareholder holding 2.972m shares = 6.56%

Interesting, maybe they got my research analysis and decided to buy :p:
 
I read the ann again and find it is actually Lehman Brothers International Europe Prime Broker nominees. I think it is different from lehman brothers itself. Just like the jp morgan chase co and jp morgan nominees are pretty different. I regret to make the price prediction yesterday by not paying attention to this difference.
 
Well, someones buying, and thats a good indicator. They obviously see value here...with the upcoming (almost certain) purchase of prime uranium tenaments from KAL, this will be very positive news.
 
I'm surprised this threads been so quiet after today with the SP jumping up to 22c with slightly increased vol (would like to see more something around 500k+). Also with this (statement below) in the 3rd 1/4 activities report about the option over the uranium properties in SA & WA, I thought there would be at least a couple of posts. Looks like we only have another couple of weeks to wait for an ann, would be a good time to release it now with the whole ALP approval for more mines going on atm.

"Due diligence of these properties is at an advanced stage. The directors expect to be in a position to make a decision on the exercise of the option by mid May 2007."
 
When do we get our options allocated to us ?

Sorry I'm not in Australia at the moment and have limited net access and cannot read PDF's...
 
The options are issued on Monday May 7, so only a few days away. Interesting to see Burey's announcement that they had an option acceptance shortfall of 6,000,000.

Not long to wait now until they make an announcement on their Uranium portfolio.
 
The options are issued on Monday May 7, so only a few days away. Interesting to see Burey's announcement that they had an option acceptance shortfall of 6,000,000.

Not long to wait now until they make an announcement on their Uranium portfolio.
Its surprising to see a shortfall of that magnitude considering that the options were being issued at only 1c each.
DYOR
 
Well greggy.

I am one who didn't get to take up the option issue. My letter arrived from the registry the day before it was due.
Sometimes living in NZ sucks. This is the secound time that I have missed on an options issue because the mail arrives too late.
Either lengthen the time or post things faster people.

Cheers martin
 
Yeah the same thing almost happened to me with my options offer.

The time from the date of mailing in Australia to the cut of time was simply to short to allow many overseas investors to access this offer.

I telephoned Burey Gold and spoke with Susmit Shah the Company Secretary about this and he told me the dates were set down by the Share Registry and that Burey didnt have too much to do with it, which I am sceptical about.

Readers in Australia may find this hard to believe but New Zealand Post qouted me 7 to 8 days for the airmail service to Australia and considering I received the offer with 7 days to go - on a weekend - I wasnt happy.

Compounding the situation is the fact that my bank, which is a major NZ bank, can only produce on the spot International Bank Drafts at 5 branches throughout the country so I had to wait a further 24hrs!!

My solution was to courier the application using DHL track and trace and even this took 3 days! I cant believe it. I tracked the package and it was delivered with a couple of hours to spare so I wait with interest the confirmation of my Burey options.

Now I realise that this is a 3rd World Country, as do most NZ'ers, but Australian Companies must also take it into account with offers such as this one and allow overseas investors more time to arrange money/post etc.

Cheers
 
So, anyone received there BYRO this morning?

They have not appeared in my account yet - when can I expect them to be issued? Cheers.
 
They arent in my account yet either, a nice opening for them though, from 1c to 6c, a nice 500% paper profit so far.
 
Mine appeared yesterday afternoon..good one! I agree, nice opening, adds 3c to each of my BYR shares...hopefully some good news on U tenemants can increase oppies value.
 
Well, not much movement in SP today, only the 1 trade. What is interesting is the improvement in the buy: sell ratio...almost the same now, from a horrendous last couple of weeks.

Interest must be building re the uranium tenement acquisition...some good news would be incredibly welcome.
 
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