Timis in pole position at Cape Lambert

Frank Timis-controlled explorer African Minerals is poised to become the leading shareholder in Cape Lambert Resources via a $31 million scrip deal over the Marampa iron ore project in Sierra Leone.


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Give it a rest guys. For once leave out the so called criminal history of Frank Timis Yet again it is trotted out "African Minerals is one of several companies controlled by Mr Timis, the controversial Romanian-born former Perth deal maker who was convicted of possessing heroin when in his 20s." So what! Who did not regret some of the things we did when in our twenty's. From what I hear half the City of London take a snort or two. Fact is Timis is a successful man with ability and that is a rare commodity in the City these days. The Marampa facility and the ore body in Sierra Leone puts African Minerals on the map as a major new iron ore discovery. Yes I am a shareholder and no I have never taken drugs!

New York to tell us how you feel now...???

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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
172ndEon NRG18%-26%
481stCape Lambert Resources-28%-27%
754thPotash Minerals-67%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$10k Bought
$11k Bought
$17k Bought
Total value as at the date of the transaction
Source: Morningstar


62nd↑Cape Lambert Resources$11.3m
63rd↑Eon NRG$9.2m
64th↓ATC Alloys$8.8m
66th↑Potash Minerals$6.3m
67th↓Coal of Africa$5.9m
509 listed resources companies ranked by revenue.
Source: Morningstar

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