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An artist's impression of the power generation facility proposed at AER's Mmamantswe coal and power project.

African Energy puts coal asset up for sale

Local junior miner African Energy Resources has entered into an agreement for the potential sale of its Mmamantswe coal project to a South African project developer for up to $US20 million ($A26 million).

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Substantial shareholders as published in the annual report.
Source: Morningstar

Total Shareholder Return as at 30/09/19

1 year TSR5 year TSR
46thEncounter Resources141%-12%
373rdRedbank Copper0%-13%
433rdGTI Resources-11%-9%
515thAfrican Energy Resources-21%-21%
733 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

30/09/19
$0 Other
30/09/19
$0 Other
30/09/19
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

113th↑African Energy Resources$927k
126th↑GTI Resources$687k
127th↓Carbine Resources$676k
131st↑Redbank Copper$658k
132nd↑Encounter Resources$646k
486 listed resources companies ranked by revenue.
Source: Morningstar

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