ASA Resource – updates on cash “unaccounted for”...

Published 279 days ago

Having yesterday reported that there is strong evidence of funds “amounting to several million US dollars” being transferred to entities in China without full value being received and that “analysis reveals that there is a pressing need for cash”, ASA Resource Group (ASA) states it now “provides further information on the group's cash position”

ASA Resource – from “completely mischievous” allegations to “strong evidence” of fraud in 2 weeks, calling Babylon Zoo…

Published 280 days ago

Early this month ASA Resource Group (ASA) announced its directors had “received certain anonymous allegations relating to… certain aspects of the financial management at Freda Rebecca” (gold mine in Zimbabwe in which it has an 85% interest). However, it sought to reassure that “the company's directors believe these allegations to be completely mischievous”. Now though “the board is extremely disappointed to report”… Uh oh…

Asa Resource looks attractive but isn't without risk

Published 351 days ago

Any sort of background legal dispute involving smaller AIM companies is often a red flag to investing, but in the case of Asa Resource Group (ASA) I can still see value and potential here, even taking into account the recent legal challenge to its operations in Zimbabwe.

SP Angel Morning Mining Note: Atlantic Coal, Dalridian Resources, Sirius Minerals, Rambler Metals, SolGold & ASA Resource

Published 783 days ago

John Meyer of SP Angel this morning comments on Atlantic Coal (ATC), Dalridian Resources (DALR), ASA Resource (ASA), Sirius Minerals (SXX), Rambler Metals (RMM) and SolGold (SOLG) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond. 


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