South Boulder Kursrakete Nickelaktie

Genial! Vielleicht macht meine Megastar A0JL3K
auch so eine Entwicklung! Gratuliere auf jeden Fall allen, die hier rechtzeitig rein sind!
+1500%! Wahnsinn!  

ausführliche Info's im Wallstreet-Online Forum :

http://www.wallstreet-online.de/diskussion/...el-uran#neuster_beitrag  

South Boulder Mines to expedite DFS at Colluli in Eritrea with A$10.1m capital raising
Wednesday, December 07, 2011 by Angela Kean


South Boulder Mines (ASX: STB) will accelerate the completion of the Definitive Feasibility Study on the Colluli Open Cut Potash Project in Eritrea with a planned capital raising of A$10.1 million.

The company will exit a trading halt this morning after announcing the non-renounceable entitlement offer of up to 9.2 million shares at $1.10 per share on the basis of one new share for every 10 held.

The company is also offering one attaching unlisted option for every two new shares subscribed for, exercisable at $1.60 each and expiring 12 months after the date of issue.

The record date for the offer is 22 December 2011. The offer opens on 23 December 2011 and closes on 17 January 2012.

A recent Scoping Study on the Colluli Open Cut Potash Project returned highly favourable economics for South Boulder.

Based on around 16% of the JORC Resource of 564.4 million tonnes at 18.6% KCI, for total contained potash of 104.9 million tonnes – a net present value of US$1.33 billion (12% discount rate) was returned, with an internal rate of return of 40.6%.

Capital expenditure including contingency came in at US$0.74 billion, delivering project revenue of over US$6 billion. The production rate is based on 1 million tonnes annually from an open pit, for a study mine life of 17 years.

With only a portion of the resource used in the model, South Boulder said that it considers the mine life upside of the project to be immense and likely to be in excess of 50 years once details of Sulphate of Potash (SOP) and K-Mg sulphate production is included.

Importantly for the resource at Colluli, some of the resource sits in the higher confidence categories, with Measured 133.7 million tonnes at 17.55% KCl, Indicated 343.3 million tonnes at 17.38% KCl, and Inferred 87.3 million tonnes at 24.96% KCl.


Potash Demand

Importantly for South Boulder, demand for potash is expected to rise due to increased population and standard of living and worldwide decreased arable land. The biggest growth markets are India, China and Brazil.

The potash market is currently around 50 million tonnes per annum and growing.

The Colluli project is strategically located close to major infrastructure and 70 kilometres from the coast, and is the closest supplier to India and nearby to Asia.

South Boulder is targeting first production in 2016 or sooner.



Cash Advantage

Funds from the capital raising will add significantly to South Boulder’s cash reserves of around $14 million.  

Trading-Halt Wed, 21 Dezember 2011 13.03.00 1000 52 Minuten


MARKET RELEASE 21. Dezember 2011 South Boulder Mines Limited TRADING HALT Die Wertpapiere der South Boulder Mines Limited (das "Unternehmen") wird in Trading Halt Session Staat auf Antrag des Unternehmens gelegt werden, bis die Veröffentlichung einer Mitteilung des Unternehmens. Sofern ASX nichts anderes beschließt, die Wertpapiere in Trading Halt Session State, bis das früher der Beginn des normalen Handels am Freitag bleiben, ist 23. Dezember 2011 oder, wenn die Ankündigung auf den Markt gebracht. Security Code: STB Wade Baggott Senior Adviser Listings (Perth) S: \ Perth Companies \ PER-Code ST \ STB \ STB2011.12.19mr (th) wb.doc Seite 1 von 1.  

South Boulder poaches Kagara man for CFO

Stuart McKinnon, The West AustralianJanuary 4, 2012, 12:03 pm





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South Boulder Mines has appointed Kagara finance director Flavio Garofalo to the newly created position of chief financial officer.

Mr Garafalo will start with the aspiring potash producer next month.

Kagara said in a separate statement it was finalising the appointment of a "high calibre" replacement for Mr Garafalo and expected to announce his replacement next month.

Kagara also announced today it had appointed Straits Resources’ company secretary and general counsel Mark Hands as executive general manager (corporate).

The position would encompass the roles of company secretary and general counsel.

Mr Hands replaces David Peterson, who retired on December 31 after 12 years of service to the company.

South Boulder is focused on the development of its Colluli potash project in Eritrea.

It is also in a farm-out joint venture deal with Independence Group over its Duketon gold project north of Laverton.
South Boulder shares were up one cent, or 1.11 per cent, to 91 cents at 12.10pm while Kagara shares were up two cents, or 7.55 per cent, to 28.5 cents.  

South Boulder MinesFull South Boulder Mines profile here

South Boulder’s (ASX: STB) flagship project is the world class Colluli Potash Fertilizer Project in Eritrea where mine production of 1Mt p.a. is scheduled for 2016 or sooner from the world's first open cut potash mine.



South Boulder also operates the Duketon Project in Western Australia where there is demonstrated potential for gold, nickel sulphide and base metal mineralisation.


South Boulder Mines steps on the gas towards its transition to potash producer in Eritrea
Wednesday, January 11, 2012 by Angela Kean
Highly favourable economics for the Colluli Potash Deposit in Eritrea have allowed South Boulder Mines to expedite the transition to potash production in 2016 or even sooner. The company is also strengthening its cash position with a A$10.7 million capital raising that will increase its bank balance to $21 million in early February.

South Boulder Mines (ASX: STB) is making strong progress towards the completion of a Definitive Feasibility Study (DFS) for the development of its Colluli Potash Deposit, with all key technical activities to complete the study in 2013 underway or set to begin in the near term pending approvals.

The company recently received some highly favourable economics from discounted cash flow financial modelling for the base case Stage 1 open pit mining and processing of the Colluli Potash Deposit including a net present value of US$1.33 billion and an internal rate of return of 40.6%.

South Boulder Mines is planning a series of investor visits starting this month to assess potential financial, offtake and development partners for the Colluli Project.

Importantly for the resource at Colluli, some of the resource sits in the higher confidence categories, with 133.7 million tonnes at 17.55% KCl in the Measured category, 343.3 million tonnes at 17.38% KCl in the Indicated category, and 87.3 million tonnes at 24.96% KCl in the Inferred category.

The company has provided the market with an update on recent key activities and highlights from Collulli.

- Potash assays from a further six resource extension holes were returned from holes completed in the last drill program. An updated JORC Resource estimate is planned for completion in the March quarter;

- A program of HQ diamond drilling has recommenced, with five holes completed to date, to define further shallow potash. Continuous drilling is planned throughout the next 14 months, beginning with an initial resource extension program of 22 holes for 2,000 metres;

- A close spaced (50-200 metres centres) PQ diamond drilling program is in the final stages of approval. Up to 70 holes will be completed to collect sufficient samples for definitive metallurgical testing and to assess the short range variability and localised geometry of the deposit;

- A total of 13 hydrogeological monitoring bores have been installed at Area A as part of DFS ground water and geotechnical assessment with respect to open cut mining studies;

- South Boulder Mines has begun a global tender process for DFS engineering design and is expecting to award the tender in February 2012;

- The recently completed Engineering Scoping Study produced a pre-tax net present value of US$1.33 billion with start-up capital costs of US$0.74 billion based on production of an initial 1 million tonnes of KCl per annum.

The study only considered 20% utilisation of the current resource and therefore enormous upside is expected.

- South Boulder is well funded to complete the DFS and is in the process of completing a fully underwritten 1 for 5 Entitlement Issue to raise about $10.7 million. This will result in a strong cash position of $21 million in early February.


Approvals Pending

Key activities currently awaiting approvals include:

- A close spaced PQ diamond drilling program (similar to a broadly spaced grade control program) is in the final design and approval stages to assess the short range variability of the deposit with respect to mining methods, assist with ongoing geological interpretation of the deposit and to collect sufficient potash samples for definitive feasibility processing test work.

It is planned that the program will be undertaken over potential mining areas that correspond to the first few years of production from Area A;

- A complete Social Environment Impact Assessment plan has been submitted to the Eritrean Government for consideration. Approval of the plan is anticipated in the March quarter and a number of data collection activities are well underway to support the DFS;

- A Baseline Hydrology Program was initiated in November 2011 and included the installation of 13 hydrogeological monitoring bores at Area A. Initial assessment was made at Colluli and adjacent regional areas to plan the ongoing surface and ground water assessment programs.  

WWW:www.southbouldermines.com.au
(ABN) Company Overview








South Boulder Mines Limited (ASX:STB)








South Boulder Mines Limited (ASX:STB) Colluli Potash Project Corporate Video


Perth, Jan 18, 2012 (ABN Newswire) - South Boulder Mines Limited (ASX:STB) has recently created a corporate video detailing the Colluli Potash Project in Eritrea. The video is titled "The Colluli Potash Project" and it is available for viewing subject to the disclaimers featured in this release.

The video can be viewed by visiting the Company website or by copying and pasting the following link into your web browser: http://southbouldermines.com.au



About South Boulder Mines Limited

Listed in 2003, South Boulder Mines (ASX:STB) is a diversified explorer focused on potash, nickel and gold. South Boulder has a 100% interest in the Colluli Potash Project in Eritrea and a 100% interest in the Duketon Gold Project in Western Australia.

The Colluli Potash Project has a current JORC Compliant Measured, Indicated and Inferred Mineral Resource Estimate comprised of 133.70Mt @ 17.55% KCl of Measured Resources, 343.33Mt @ 17.38% KCl of Indicated Resources and 87.37Mt @ 24.96% KCl of Inferred Resources for a total of 564.40Mt @ 18.60% KCl (total contained potash of 104.96Mt); This includes higher grade Sylvinite of 130.39Mt @ 27.02% KCl. There is an exploration target of 1.25 - 1.75 billion tonnes @ 18-20% KCl. A definitive feasibility study into the open pit mining and processing to produce up to 10Mt p.a of potash is underway.

Within the Duketon Gold Project area, South Boulder entered a farm-out Joint Venture (JV) Agreement with Independence, whereby Independence can earn a 70% interest in the nickel rights on JV tenements held by South Boulder in the Duketon Project, by the completion of a Bankable Feasibility Study within 5 years of the grant of the relevant tenement.  

Appendix 3BWed, 25 Jan 2012 12:51:00 +1000       31 minutes ago


Appendix 3B New issue announcement Rule 2.7, 3.10.3, 3.10.4, 3.10.5 Appendix 3B New issue announcement, application for quotation of additional securities and agreement Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public. Introduced 1/7/96.

Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003, 24/10/2005. Name of entity South Boulder Mines Limited ABN 56 097 904 302 We (the entity) give ASX the following information.

Part 1 - All issues You must complete the relevant sections (attach sheets if there is not enough space). 1 +Class of +securities issued or to be issued Performance Rights 2 Number of +securities issued or to be issued (if known) or maximum number which may be issued 700,000 3 Principal terms of the +securities (eg, if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for +convertible payment; if securities, the conversion price and dates for conversion) Performance Rights + See chapter 19 for defined terms. 24/10/2005Appendix 3B Page 1 Appendix 3B New issue announcement 4 Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities? If the additional securities do not rank equally, please state:  the date from which they do  the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment  the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment No 5 Issue price or consideration Nil 6 Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets) Issue of performance rights to directors as a reward and incentive.

7 Dates of entering +securities into uncertificated holdings or despatch of certificates 25 January 2012 Number 8 Number and of all +securities quoted on ASX (including the securities in clause 2 if applicable) +class +Class Ordinary Shares 96,735,688 + See chapter 19 for defined terms. Appendix 3B Page 2 24/10/2005 Appendix 3B New issue announcement Number 9 Number and of all +securities not quoted on ASX (including the securities in clause 2 if applicable) +class +Class 20 cent options, expiry 30/11/2012 35 cent options, expiry 31/07/2013 20 cent options, expiry 30/06/2014 20 cent
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http://media.wotnews.com.au/asxann/01262188.pdf
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Appendix 3Y x 4Wed, 25 Jan 2012 12:52:00 +1000       34 minutes ago


Appendix 3Y Change of Director’s Interest Notice Rule 3.19A.2 Appendix 3Y Change of Director’s Interest Notice Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public. Introduced 30/09/01 Amended 01/01/11 Name of entity ABN SOUTH BOULDER MINES LIMITED 56 097 904 302 We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director Date of last notice David Hughes 19 September 2011 Part 1 - Change of director’s relevant interests in securities In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part. Direct or indirect interest (a) Direct (b) Indirect (b) Held by Mr Hughes’ partner Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. Date of change No.

of securities held prior to change 25 January 2012 (a) 674,945 ordinary shares (b) 500,000 ordinary shares 1,500,000 options, exercise price $0.20, expiry 30 June 2014 1,000,000 options, exercise price $0.35, expiry 31 July 2013 Class Number acquired Number disposed Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation Performance Rights (b) 300,000 Performance Rights Nil Nil + See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1 Appendix 3Y Change of Director’s Interest Notice No. of securities held after change (b) 674,945 ordinary shares (c) 500,000 ordinary shares 1,500,000 options, exercise price $0.20, expiry 30 June 2014 1,000,000 options, exercise price $0.35, expiry 31 July 2013 300,000 Performance Rights Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back Issue of performance rights shareholder approval at AGM.

following Part 2 – Change of director’s interests in contracts Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part. Detail of contract Nature of interest Name of registered holder (if issued securities) Date of change N/A N/A N/A N/A No. and class ....

http://media.wotnews.com.au/asxann/01262189.pdf  

Quarterly Cashflow ReportMon, 30 Jan 2012 17:00:00 +1000       52 minutes ago


Appendix 5B Mining exploration entity quarterly report Rule 5.3 Appendix 5B Mining exploration entity quarterly report Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10 Name of entity South Boulder Mines Limited ABN Quarter ended (“current quarter”) 57 097 904 302 31 December 2011 Consolidated statement of cash flows Cash flows related to operating activities 1.1 1.2 Receipts from product sales and related debtors Payments for (a) exploration & evaluation (b) development (c) production (d) administration Dividends received Interest and other items of a similar nature received Interest and other costs of finance paid Income taxes paid Other (provide details if material) Net Operating Cash Flows Cash flows related to investing activities Payment for purchases of: (a) prospects (b) equity investments (c) other fixed assets Proceeds from sale of: (a) prospects (b) equity investments (c) other fixed assets Loans to other entities Loans repaid by other entities Other (provide details if material) Net investing cash flows Total operating and investing cash flows (carried forward) Current quarter $A’000 (1,627) (129) 254 (1,502) Year to date (6 months) $A’000 (2,977) (332) 290 (3,019) 1.3 1.4 1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 (57) 10 (47) (1,549) (102) (62) 10 757 603 (2,416) 1.13 + See chapter 19 for defined terms. 17/12/2010 Appendix 5B Page 1 Appendix 5B Mining exploration entity quarterly report 1.13 Total operating and investing cash flows (brought forward) Cash flows related to financing activities Proceeds from issues of shares, options, etc. Proceeds from sale of forfeited shares Proceeds from borrowings Repayment of borrowings Dividends paid Other (provide details if material) Net financing cash flows Net increase (decrease) in cash held 1.20 1.21 1.22 Cash at beginning of quarter/year to date Exchange rate adjustments to item 1.20 Cash at end of quarter (1,549) (2,416) 1.14 1.15 1.16 1.17 1.18 1.19 1,027 1,027 (522) 11,684 11,162 2,607 2,607 191 10,971 11,162 Payments to directors of the entity and associates of the directors Payments to related entities of the entity and associates of the related entities Current quarter $A'000 1.23 1.24 1.25 Aggregate amount of payments to the parties included in item 1.2 Aggregate amount of loans to the parties included in item 1.10 96 - Explanation necessary for an understanding of the transactions Item 1.23 includes aggregate amounts paid to directors including salary, directors’ fees, consulting fees and superannuation.

Non-cash financing and investing activities 2.1 Details of financing ....
http://media.wotnews.com.au/asxann/01263258.pdf  

South Boulder Mines and Strata Minerals team up at Cardabia Phosphate Project in WA
Friday, February 17, 2012 by John Phillips


South Boulder Mines (ASX: STB) and the TSX listed Strata Minerals Inc. (TSX-V: SMP) have entered into a joint venture at the non-core Cardabia Phosphate Project in Western Australia.

The agreement allows for Strata to own an 80% interest in the project and to sole fund all exploration through to the completion of a Bankable Feasibility Study.

Lorry Hughes, managing director of South Boulder commented on the deal:

“We have been looking for some time to unlock value for our shareholders in some of our non-potash fertilizer assets, which tend to be overshadowed by the magnitude and potential of the flagship Colluli Potash Project.

"The agreement allows for the Cardabia project to be explored by an experienced phosphate company at no risk or cost to South Boulder.”

Cardabia comprises five exploration tenement applications for a total area of around 1600 square kilometres, located 80 kilometres south of Exmouth and 1000 kilometres from Perth

Historical work conducted at the project in the late 1980’s defined widespread shallow nodular phosphate in air-core drilling.


Details of the deal

- South Boulder has received $200,000 in cash and Strata has been granted TSX Venture approval on the 13th February 2012 for the Cardabia transaction. 2.5 million fully paid Strata shares will be allotted and in return Strata has acquired an 80% interest in the project;

- South Boulder retains a 20% free carried interest through to the completion of a Bankable Feasibility Study; and

- Project divestment allows South Boulder to further focus efforts on the expedited development of the Colluli Potash Project and continue transitioning the company into a potash producer.  

South Boulder Mines: partner Independence Group targets nickel resource expansion at Duketon
Monday, February 27, 2012 by John Phillips


South Boulder Mines (ASX: STB) is allowing Independence Group NL (ASX: IGO) to earn up to a 70% interest in the nickel rights Duketon Nickel Joint Venture through sole funding through to a Bankable Feasibility Study within five years.

Importantly for this non-core asset of South Boulder, Independence Group is looking to build on the maiden JORC Resource of 1.7 million tonnes at 1.7% nickel, 0.4% copper and 1.9 grams per tonne (g/t) platinum and palladium for the Rosie deposit

The new drilling program will comprise both diamond and reverse circulation targeted at resource definition and extensions to the resource, and will cover around 60 holes for 16,000 metres.

Lorry Hughes, managing director of South Boulder, commented: “It is very pleasing to see exploration step up a notch at the DNJV with the most intensive drilling plans to date.

"The mineralisation discovered to date at the DNJV is similar to other magmatic nickel systems that host long life nickel mines. The Rosie JORC Compliant Resource Estimate completed in January provides a robust starting point for resource growth and I’m expecting many new discoveries.”


Targets at Rosie already identified

The new drilling will explore strike extents of the Rosie system for additional resources, including structural target zones to test for thicker high grade zones within the contact domain.

There will also be a focus to test beneath the TBRC034 target where a reconnaissance reverse circulation program in 2008 returned an oxide intercept of 4 metres at 0.44% nickel, 0.19% copper and 1.7g/t platinum plus palladium.

Finally, drilling will test the eastern contact of the Bulge Ultramafic (South of C2) on 100 metre spaced sections to explore for possible repeats of Rosie-style mineralisation between Rosie and the C2 nickel sulphide deposit.  

Potash Resource Tops 1 Billion Tonnes

South Boulder Mines Ltd (ASX:STB) is pleased to announce that the JORC/NI43-101 Compliant Mineral Resource Estimate for the flagship Colluli Potash Project now stands at 1.08 billion tonnes @ 18% KCl* for 194Mt of contained potash.

This represents an 85% increase in contained potash with mineralisation starting from just 16m below surface.

*KCl is commonly expressed as K2O according to the formula (KCl * 0.6317 = K2O). The recent KCl contract price is estimated at around US$ 470/t.

The expanded resource is expected to substantially improve the already robust economics of an open pit mine at Colluli. Importantly, the shallow deposit is open in many directions and is expected to grow further with the current resource extension drilling programs.

An engineering scoping study (ESS) completed in November 2011 demonstrated a pre-tax NPV12 of US$ 1.33bn with start-up capital costs of US$ 0.74bn.
This study was based on Stage 1 production of 1Mt of KCl p.a. from the potash mineral Sylvite, a zone which represents only a small part of the overall deposit. The study investigated a 17-year open pit operation and forecast an internal rate of return of 40.6%. As an indication of the growth potential of Stage 1, the ESS only included ~16% of the potash contained within the previous October 2011 resource estimate. Studies are currently underway to incorporate additional zones of potassium minerals to further enhance the overall commercial outcomes.

complete report
http://www.asx.com.au/asxpdf/20120416/pdf/425mgqsvk1qmyn.pdf  

Fast-Enteignung...

South Boulder darf die ganze Entwicklung machen, dann aber will der Staat die Hälft vom Gewinn - wie blöd ist das denn?

Verkaufen - verkaufen - verkaufen

 

 

Das neue Management legt ein gutes Tempo vor, im Februar kommt die Machbarkeitsstudie...