Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Robex Resources Inc V.RBX

Alternate Symbol(s):  RSRBF | V.RBX.WT

Robex Resources Inc. is a Canada-based gold mining company. The Company owns two assets in the prospective Birimian Greenstone belt: the Nampala producing gold mine in Mali, and the Kiniero Gold Project in Guinea (Conakry). The Kiniero Gold Project is a 470 square kilometers (km2) package of mining licenses in the prolific Siguiri Basin, Guinea, and consists of the adjacent Kiniero (mining) and... see more

TSXV:RBX - Post Discussion

Robex Resources Inc > La Mancha Holdings
View:
Post by ABDPhil on Aug 01, 2021 12:23am

La Mancha Holdings

Do you know La Mancha Holdings?

La Mancha is an investment company primarily involved in the gold industry. It is currently the largest shareholder of Endeavor, Golden Star, Evolution Mining, Altus, and others ... Most of its assets are located in Africa, including West Africa and Mali.

This company is established in Luxembourg and is owned by billionaire Naguib Sawiris.
La Mancha Holdings announced on July 26, an additional fund of 1.4 billion dollars to take advantage of new opportunities.

What's interesting ... At the 2019 annual meeting, Mr. Cohen told us that Mr. Sawiris was a very good friend to him. On a trip, Mr. Cohen explained to Mr. Sawiris how the operations of the Nampala plant worked and the tremendous financial results that came with it. Astonished, Mr. Sawiris reportedly mentioned the following sentence: "Don't do anything without telling me ...".

Considering that Robex currently has big ambitions, I believe that a financial partner will be necessary to ensure the growth of the activities. If, for example, Robex purchases the African Gold Group, more than $ 150,000,000 will be needed to build the plant on Kobada and perhaps a few million more to cover monetary compensation. In this context, I believe that La Mancha could take advantage of this event to become a shareholder and an important support for Robex. Mr. Cohen is a growth-oriented investor and I am sure Mr. Sawiris already sees this as a tremendous opportunity.

At the moment, both the purchase of Kobada and the arrival of Naguib Sawiris are only theories. I have often called the AGG buyout the perfect marriage and believe that La Mancha's financial backing and minority stake in Robex could be termed as is.

The end of August will mark the expiration of 15,000,000 AGG options, the end of the vacation period and possibly the release of a DFS update for Kobada. Afterwards, I hope that my theories can be concluded.  

GLTA

 
Comment by moneygames on Aug 03, 2021 11:06pm
You have made a lot of predictions so far none of which have done any justice 
Comment by TheGesharoo on Aug 05, 2021 8:00pm
actually, if you've been invested long enough, phil has been fairly accurate over time. if no news before xmas a nice divvy would be most welcomed. glta longs, gesharoo
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities