Thursday, 11 August, 2016 - 12:47
Kasbah receives $21m takeover offer
Local minerals explorer Kasbah Resources has received a takeover offer from a Vietnam-focused nickel miner, which values the target at about $21.1 million.
Dr Marston has held senior positions with the Geological Survey of Western Australia and several mineral resource consulting groups. He compiled landmark mineral resource bulletins on copper and nickel mineralisation in Western Australia when at the Survey. Dr Marston played a key role in the discovery, development and management of the multi-million ounce Damang Gold Mine in Ghana, West Africa. Dr
Marston was previously a director of Ranger Minerals Ltd (now merged with Perilya Ltd).
Rank | Company | # | |
---|---|---|---|
15th | ![]() |
IGO | $842.10m |
17th | ![]() |
Mount Gibson Iron | $713.22m |
19th | ![]() |
Vault Minerals | $621.08m |
21st | ![]() |
Genesis Minerals | $450.68m |
23rd | - | Emerald Resources | $367.93m |
Rank | Company | 1 Yr | 5 Yr |
---|---|---|---|
1364th | Cullen Resources">Cullen Resources | -40% | -12.94% |
1365th | Lindian Resources">Lindian Resources | -40.04% | 29.28% |
1366th | IGO">IGO | -40.05% | -0.39% |
1367th | IPB Petroleum">IPB Petroleum | -40.07% | -26.45% |
1368th | Silver Mines">Silver Mines | -40.21% | 4.78% |
Local minerals explorer Kasbah Resources has received a takeover offer from a Vietnam-focused nickel miner, which values the target at about $21.1 million.
Position | Company | Year | Company's current rank |
---|---|---|---|
Non-Executive Chairman
|
2013 - 2016 | ||
Non-Executive Director
|
2009 - 2014 | 15 | |
Non-Executive Director
|
2006 - 2013 |
Company | Date | Transaction type | Number of shares | Price per share | Transaction value | Nature of change |
---|---|---|---|---|---|---|
2014-07-17 | Bought | 350,000 | $0.08 | $29,636 | On-market trade | |
2012-11-26 | Sold | 40,000 | $0.21 | $8,235 | On-market trade | |
2012-02-14 | Bought | 3,750 | $5.50 | $20,625 | Other | |
2012-02-14 | Bought | 7,500 | $4.00 | $30,000 | Share purchase plan | |
2010-12-06 | Bought | 83,333 | $0.24 | $20,000 | Other |
Announced | Bidder | Target | Transaction Type | Total Value | |
---|---|---|---|---|---|
Asian Mineral Resources | Kasbah Resources | Acquisition | $21.13m | >> | |
Nittetsu Mining Company | Kasbah Resources | Asset acquisition | $7.25m | >> |