tag:blogger.com,1999:blog-31240554618626350952011-11-27T15:51:45.588-08:00The purpose of this blog is to review all new mining IPOs or initial public offerings listing on the Australian Stock Exchange (ASX). The reviews will be based on the company's prospectus.About Andrew Sheldonhttp://www.blogger.com/profile/15469120006156639030noreply@blogger.comBlogger91100tag:blogger.com,1999:blog-3124055461862635095.post-74425097996189377532011-01-09T19:01:00.000-08:002011-01-09T19:04:47.905-08:00

The following recent floats will be reviewed:Name of resources company Code Listing date Opening/LatestAttila Resources Limited AYA 08/12/2010 0.25 0.4Braziron Limited BZL 11/11/2010 0.21 0.185 Bulletin Resources Limited

About Andrew Sheldonhttp://www.blogger.com/profile/15469120006156639030noreply@blogger.com0tag:blogger.com,1999:blog-3124055461862635095.post-50106612963063928002011-01-09T17:43:00.000-08:002011-01-09T19:01:03.361-08:00

It has been some time since I have taken a look at some new ASX listings, so I intend to do that. There are a number of things to appreciate about new listings:1. They involve dissolution with the prospect of adding value in future through spending money. If the spending does not yield value, your wealth will shrink.2. Listings are often subject to manipulation because shares are priced at the

About Andrew Sheldonhttp://www.blogger.com/profile/15469120006156639030noreply@blogger.com0tag:blogger.com,1999:blog-3124055461862635095.post-79966406781088822962008-05-06T06:22:00.000-07:002008-05-06T06:49:26.608-07:00

D’Aguilar Gold Ltd is floating off its North Queensland base metals and uranium interests into a separate corporate entity called Mt Isa Metals. Its noteworthy that floats are priced very high at the moment. Too high. To the credit of management, this offering has significant upside, but its a highly speculative offering since it could amount to zero.The new shareholders will account for just

About Andrew Sheldonhttp://www.blogger.com/profile/15469120006156639030noreply@blogger.com0tag:blogger.com,1999:blog-3124055461862635095.post-57830066422890079522008-04-16T05:34:00.000-07:002008-04-16T07:42:41.916-07:00

APAC Coal Limited (AAL.ASX) is raising $15mil through the issue of 75 million 20c shares for coal exploration purposes. The issue is scheduled to close on the 15th May 2008 and the listing of shares on the 5th June 2008.I am excited by the prospect of another coal explorer given the high coal prices. I should remind shareholders that I recommended Pike River Coal (PRC.NZE) about 8 months ago on

About Andrew Sheldonhttp://www.blogger.com/profile/15469120006156639030noreply@blogger.com0tag:blogger.com,1999:blog-3124055461862635095.post-61614697375457048112008-04-16T04:03:00.000-07:002008-04-16T05:33:01.535-07:00

Energy and Minerals Australia Limited (EMA.ASX) is a new uranium listing planning to raise $5mil through the issue of 12.5 million 40c shares. The offer closes 2nd May 2008 and the scheduled listing date is 23rd May 2008. You can download the prospectus from www.eama.com.au. The company is exploring the Mulga Rock deposits, previously explored for uranium by a Japanese company, though EMA will

About Andrew Sheldonhttp://www.blogger.com/profile/15469120006156639030noreply@blogger.com0tag:blogger.com,1999:blog-3124055461862635095.post-19718649735714480692008-04-16T04:00:00.000-07:002008-04-16T04:02:40.161-07:00

The company is a gold, copper, nickel, platinum and uranium explorer. It is raising $3.5mil through 20c share issue. Issue closes May 16th 2008, listing on the 29th May 2008. No info at this stage, as the prospectus has not yet been lodged.------------------------------------------Andrew Sheldon www.sheldonthinks.com

About Andrew Sheldonhttp://www.blogger.com/profile/15469120006156639030noreply@blogger.com0tag:blogger.com,1999:blog-3124055461862635095.post-27738980050557089572008-04-01T18:56:00.000-07:002008-04-02T18:35:42.970-07:00

IntroductionHandini Resources Limited (HDI.ASX) is an IPO that is due to be listed on the ASX on the 28th April 2008. The company plans to use the proceeds from the capital raising to fund diamond exploration. The company is raising $5 million before costs by issuing 10 million shares, and have provisions for an extra $5 million (10mil shares). In addition there are already 138 million vendor

About Andrew Sheldonhttp://www.blogger.com/profile/15469120006156639030noreply@blogger.com0tag:blogger.com,1999:blog-3124055461862635095.post-12315348267638956672008-04-01T18:41:00.000-07:002008-04-02T09:44:31.456-07:00

IntroductionEastern Iron Limited (EFE.ASX) is an IPO that is due to be listed on the ASX on the 21st May 2008. The company plans to use the proceeds from the capital raising to fund exploration for channel iron ore deposits in the Cobar district of New South Wales. The company is raising $5 million before costs by issuing 25 million shares. In addition there are already 21 million vendor shares

About Andrew Sheldonhttp://www.blogger.com/profile/15469120006156639030noreply@blogger.com0tag:blogger.com,1999:blog-3124055461862635095.post-68691710556110250322008-04-01T18:29:00.000-07:002008-04-02T05:52:59.998-07:00

IntroductionArgent Minerals Limited (ARD.ASX) is an IPO that is due to be listed on the ASX on the 3rd April 2008. The company plans to use the proceeds from the capital raising to fund exploration for base metals and precious metals. The company is raising $4 million before costs by issuing 20 million shares. They have also made provisions to raise another $1mil (5mil extra shares). In addition

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