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Tremont is Cradle’s joint venture partner at Panda Hill with a majority 59.8 per cent stake.

Tanzanian law changes a concern for Cradle, Orecorp

Africa-focused Cradle Resources has pulled the plug on a $55 million takeover by joint venture partner Tremont Investments, on the back of proposed changes to certain Tanzanian laws.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
thCygnus Gold
237thBeacon Minerals6%55%
458thLindian Resources-24%-27%
597thCradle Resources-45%-18%
778thBerkut Minerals-71%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

15/06/18
$6k Bought
25/05/18
$36k Bought
15/03/18
$33k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

353rd↑Cradle Resources$6k
357th↑Lindian Resources$4k
358th↓Beacon Minerals$4k
360th-Berkut Minerals$4k
361st-Cygnus Gold$3k
509 listed resources companies ranked by revenue.
Source: Morningstar

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