Acrow Formwork and Construction Services Ltd (ACF)

[eiddle]

Google.. New KATX/BVIG P&D BD. iKat-hub

[B402]

Noble .009 and outa cash again

[clutnam]

Noble Mineral Resources update on the Company and the Bibiani Gold Project:

http://www.steelguru.com/metals_news/Noble_Mineral_Resources_update_on_the_Company_and_the_Bibiani_Gold_Project/314983.html

[B402]

Noble not trading again

[Funaboard]

Many bashers over on the neighboring company property Kat Gold Holdings who shares the same resource reports.

Very small floater too.....

[Funaboard]

Very nice

[Splash59]

I think that this company is underestimated. The Resolute financing could take them to a much higher level when they start producing:

Our aim and strategy:
¦Establish the Bibiani Gold Project in Ghana, West Africa as a 150,000 ozpa gold producer
¦Increase resources and reserves at Bibiani
¦Unveil the possibilities for under-explored Assuonta and Bibiani North projects
¦Demonstrate the exploration potential at Cape Three Points, Brotet and Tumentu
¦Explore and develop new mineral deposits to significantly enhance the value of our current projects

The Company was incorporated on 13 April 2007 for the purpose of securing gold exploration projects in Ghana and Australia believed to have the potential to host economic mineralisation. Noble has brought together an experienced management team having the technical expertise capable of identifying and developing mineral prospects. The Board’s primary objective is the advancement of Shareholders’ interests and asset values through a profitable producing mine and a well defined exploration programme in areas that can be readily assessed for their mineral potential.

[Splash59]

Lots of very good infos about the Bibiani site as explained in the following presentation. Now that they have the money this will be up and running soon in my opinion:

http://www.nobleminres.com.au/live/wp-content/uploads/2012/08/Noble-presentation_ADU-2012.pdf

splash

[Splash59]

Kat Gold is right there at Bibiani:

[Splash59]

NOTICE OF CHANGE OF INTERESTS OF SUBSTANTIAL HOLDER:

http://investorshub.advfn.com/boards/post_new.aspx?board_id=25407


SPLASH

[TinkerBelle]

NOBLE announcement! http://www.nobleminres.com.au/live/wp-content/uploads/2012/11/Noble-accepts-revised-A85m-financing-offer-from-Resolute.pdf

[TinkerBelle]

Got this from Homevendor....Resolute Mining Enhanced Financing Offer to NOBLE.

http://www.resolute-ltd.com.au/fileadmin/pdfs/504_-_301012_-_Resolute_Enhances_Financing_Offer_to_Noble.pdf

30 October 2012
RESOLUTE ENHANCES FINANCING OFFER TO NOBLE
Highlights
• Resolute to provide immediately available US$15 million unsecured Debt Facility as part of A$85 million Financing Offer, creating short term funding certainty for Noble

• Enhanced Financing Offer is a superior proposal and provides overall funding certainty for the full A$85 million, in contrast to the proposed Zhongrun placement
Resolute Mining Limited (ASX: RSG, “Resolute”) has today submitted an improved Financing Offer to Noble Mineral Resources Limited (ASX: NMG, “Noble”), which incorporates a US$15 million unsecured short term debt facility (“Debt Facility”) available for immediate draw down to facilitate Noble’s near term funding requirements.
The Debt Facility is effectively an advance on the US$20 million guarantee originally proposed by Resolute, which was intended to facilitate further draw down under Noble’s existing secured debt facility with Investec (“Investec Facility”).
It is contemplated that the Debt Facility and all amounts outstanding under the Investec Facility, will be repaid out of funds raised from the proposed Placement and Entitlement Issue of convertible notes (“Note Issue”). Resolute’s Financing Offer (including the Debt Facility) remains conditional upon the proposed Zhongrun placement not proceeding and Resolute’s Financing Offer being accepted.
Resolute has also amended the proposed terms of the convertible notes to be issued under the Note Issue to confirm that interest on the notes will be capitalised for the first year of the three year term.
Resolute Chief Executive Officer Mr Peter Sullivan said: “Resolute’s improved Financing Offer clearly addresses a specific concern raised by Noble regarding the short term funding certainty of our original offer. This improvement increases the onus on the Noble directors to consider their fiduciary duties to shareholders and reconsider their rejection of Resolute’s offer.”
Resolute reiterates its view that its Financing Offer is a superior proposal. As well as short term funding assurance, Resolute’s Financing Offer:

• Provides overall certainty for the full A$85 million. In contrast, a major portion of the proposed Zhongrun placement remains subject to shareholder approval and various Chinese regulatory approvals, which are not guaranteed of being obtained;

• Is fairer to all Noble shareholders, by providing them with the ability to participate in the recapitalisation of Noble. In contrast, the proposed Zhongrun placement would leave current Noble shareholders as a heavily diluted minority;

• Is not a change of control transaction. Future conversion of notes issued to Resolute into Noble shares above 19.9% will require Noble shareholder approval (except under the creep provisions of the Corporations Act) at that time, i.e. shareholder approval for conversion is
not being sought now. In contrast, Zhongrun is seeking to gain control or effective control over Noble now; and

• Gives Noble access to Resolute’s significant African operational expertise, as it continues to develop the Bibiani gold project.
Noble shareholders are urged to vote against the first tranche of the proposed Zhongrun placement (by voting no to Resolution 6) at the General Meeting scheduled for Wednesday 31 October 2012.

PETER SULLIVAN
Chief Executive Officer

Media Contacts:
Shaun Duffy / James Tranter
FTI Consulting
Phone: [phone]

Investor Contacts:
Geoff Rasmussen / Matthew Weaver
Azure Capital Limited
Phone: [phone]

[TinkerBelle]

http://www.nobleminres.com.au/live/wp-content/uploads/2012/10/Noble-postpones-General-Meeting.pdf

[TinkerBelle]

Map of area from the annual report

[TinkerBelle]

Recent NOBLE announcements:

http://www.nobleminres.com.au/live/wp-content/uploads/2012/10/Noble-reiterates-support-for-Zhongrun-transaction1.pdf

http://www.nobleminres.com.au/live/wp-content/uploads/2012/10/Notice-of-AGM-and-proxy-form2.pdf

http://www.nobleminres.com.au/live/wp-content/uploads/2012/10/Noble-2012-Annual-Report.pdf

[gump90]

The more they fight over this garbage Company the longer it will be before they can get up to full production. Maybe that is a good thing too - the longer it's going to take before a future operator blows his brains out financially. The thing's too low grade. The weak share price tells you that.

[TinkerBelle]

New NOBLE announcement

http://www.nobleminres.com.au/live/wp-content/uploads/2012/10/Resolute-financing-proposal.pdf


Also from Resolute:

Resolute Mining plays knight to Noble Mineral Resources
Thursday, October 25, 2012 by Bevis Yeo
Resolute Mining plays knight to Noble Mineral Resources

Resolute Mining (ASX: RSG) has offered Noble Mineral Resources (ASX: NMG) an alternative A$85 million financing offer along with an acquisition of 19.99% of Noble's shares.

The offer is conditional on Noble rejecting the proposed investment from Chinese private investment group Zhongrun, which had offered to subscribe for A$84.7 million worth of new ordinary shares in Noble, making the fund Noble’s largest shareholder with 41.5%.

Resolute has executed Share Sale Agreements with certain Noble shareholders to acquire 19.99% of Noble shares in exchange for Resolute shares.

It will also fully underwrite a A$78.7 million Entitlement Issue of convertible notes to Noble
Shareholders and subscribe for A$6.3 million in convertible notes on the same terms.

Resolute will also provide an immediate US$20 million guarantee to enable Noble to borrow additional funds to meet its short-term funding needs.

The proposed notes will mature in three years and carry an 8% per annum coupon, paid semi-annually. These can be converted into Noble shares at A$0.12 each.

Resolute said its offer ensures that Noble will have access to the short-term funds it needs in a timely fashion while its underwriting of the A$85 million notes provides a high degree of visibility to Noble shareholders on receipt of these funds.

It added that if all existing Noble shareholders take up their entitlements and all convertible notes are subsequently converted, Resolute would hold 23.1% of the enlarged capital of the company, with existing Noble shareholders holding the remaining 76.9%.

Proactive Investors is a market leader in the investment news space, providing ASX “Small and Mid-cap” company news, research reports, StockTube videos and One2One Investor Forums.
http://www.proactiveinvestors.com.au/companies/news/34970/resolute-mining-plays-knight-to-noble-mineral-resources--34970.html

[wshaw14]

LOL. I will not deny that I am prejudiced against Chinese companies. The following would scare the crap out of me. I have dealt with the Chinese in the past. "and the lodgement with ASIC of a prospectus to permit the shares issued pursuant to Tranche 1 to be freely tradeable)." I am out. I still wish all well here.

[clutnam]

Zhongrun Shareholders Approve Investment in Noble
Tuesday , 16 Oct 2012 Noble Mineral Resources Limited
Noble Mineral Resources Limited (ASX: NMG) ("Noble" or the "Company") advises that, at a general meeting held in Jinan City, Shandong, China, Zhongrun Resources Investment Corp. received shareholder approval for the investment in Noble to be made by the Zhongrun Group ("Zhongrun"). Accordingly, Zhongrun shareholder approval is no longer a condition of Tranche 2 of the transaction announced on 27 September 2012, whereby Zhongrun will invest A$84.7m into Noble via a conditional placement to be executed in two tranches.
Tranche 1 of the Zhongrun investment remains conditional only upon Noble obtaining shareholder approval for the issue of up to 15% of the Company's issued share capital under Listing Rule 7.1 at a General Meeting of Noble shareholders to be held on 31 October 2012.
Following fulfillment of the Zhongrun shareholder approval condition, Tranche 2 of the Zhongrun investment remains subject to the following conditions:
Completion of Tranche 1 (and the lodgement with ASIC of a prospectus to permit the shares issued pursuant to Tranche 1 to be freely tradeable);
Zhongrun obtaining certain Chinese regulatory approvals (Shandong Provincial and National Development and Reform Commission, Ministry of Commerce and the State Administration of Foreign Exchange);
Noble shareholder approval for the purpose of section 611 (item 7) of the Corporations Act 2001 (Cth) (with such notice of general meeting to be accompanied by an Independent Expert's Report); and
The lodgement of a prospectus with ASIC.
Noble welcomes this important step towards completion of the Zhongrun transaction and will keep shareholders informed of any further developments.
Proceeds from the transaction will be utilised by Noble to accelerate the Bibiani ramp-up to achieve the Company's production target of +150koz p.a., meet existing liabilities and grow the Company's resource base. Following completion of both tranches, Noble will be a fully-funded and unhedged gold producer with scope to maximise the potential of Bibiani as well as to capitalise on other growth opportunities.
For further information on the Zhongrun investment please refer to the Noble announcement dated 27 September 2012.

For further information please contact:
Noble:
Wayne Norris
Managing Director
Tel: [phone]
Email: [e-mail]

http://www.mineweb.com/mineweb/view/mineweb/en/page674?oid=160272&sn=Detail&pid=102055

[ShortonCash]

Zhongrun Resources Investment Corp's Subsidiary to Acquire Equity Shares of Noble Mineral Resources Ltd

http://www.reuters.com/finance/stocks/NMG.AX/key-developments/article/2613772

Wednesday, 26 Sep 2012 08:00pm EDT
Zhongrun Resources Investment Corp announced that its wholly owned subsidiary, a Virgin Islands-based mining industry investment company (Subsidiary A), will acquire 101.8 million common shares newly issued by Noble Mineral Resources Ltd (Noble Mineral) at AUD 0.16 per share or AUD 16,288,000 (approximately RMB 107,711,000), to acquire a 13.04% stake. Noble Mineral will then issue another 380 million common shares to a Hong Kong-based real estate group company (Company A) at AUD 68.40 million (approximately RMB 452,322,000), as well as 240.9 million options at AUD 0.23 per option. After that, Company A will hold a 32.74% stake in Noble Mineral, while Subsidiary A's holdings in it will decrease to 8.77%.

[clutnam]

Listen to the live broadcast by Chuck Norris Friday, Sept 28, 2012 here:

http://www.sharescene.com/index.php?showtopic=11721&st=0

Good update regarding the Bibiani Mine and Chinese investment.

[ShortonCash]

invest in Noble to expand and take on more opportunities in the country.

http://news.moneygh.com/pages/mining/201206/187.php

The Sector Minister made this disclosure during a meeting of top management personnel of Noble Gold Bibiani Limited (NGBL) led by Mr. Tunku Naquiyuddin, chairman of Noble Minerals resources Limited of Malaysia, and the Minister himself.


He urged the management of Noble Gold Bibiani Limited and other mining companies to purchase their social Licence for peaceful co-existence with their communities, adding that this would enable him to focus on policy formulation for the industry rather than hopping from one community to the next to resolve disputes between mining companies and their host communities.


Mr. Wyne Norris, Chief Executive Officer of NGBL disclosed that Noble Minerals Resources Limited of Malaysia has so far received US$126million investment into the operations of NGBL which is a subsidiary company of Noble Minerals Resources of Malaysia.


He said Noble owns the mining fleet, through Drilling and Mining Services (DAMS) a sister-company, and also the on-site state of the art laboratory that is run by locals.


Mr. Norris said NGBL, with a management team that is largely Ghanaian, will be looking for other opportunities in Ghana in the near-future since the nation is a safe haven in terms of peace and good governance in Africa.


Mr. Naquiyuddin, thanked the Minister for the ministry’s consent and support for Noble Minerals Resources Limited to take over the majority shares in the Bibiani Mine, and said it will deepen the Ghana-Malaysia relationship, using Noble as the vehicle of investment, and potentially get his group to invest in Noble to expand and take on more opportunities in the country.


The NGBL is said to have offered a large percentage of the indigenous people employment as one of their corporate social responsibilities.


By Kizito CUDJOE

[B402]

noise..again, We'll see..

The 88 mil, great
how many shares at what price
Bet its not an average of recent trading Lolzzzzz

Gold
Enough to be profitable
Just more opinions


May Make a Trade some where...
Beware Long
Beware Cut and Paste DD


IMHYAO
Best of Luck Cork
Profitable Trades

[the cork]

Not gonna argue every up tick or down tick with you. They just had a significant spike on significant news.

One opinion felt Noble was worth paying 88 million bucks for a partial interest in the company.

Another opinion questionably worth the cost of an IHUB membership doesn't see it that way.

Gee, that's a tough choice to pick which one is valuable and which one is just noise.

[B402]

Has It? Down 15%,,,

[the cork]

The game changed, in case you didn't notice.

[B402]

Will See Cork,,,Profitability is the Question,

[the cork]

That was then, this is now.

[B402]

come to the rescue....Hmmm

Seems thing weren't going so well

[ShortonCash]

CHINA'S Zhongrun Resources Investment has come to the rescue of Perth gold company Noble Mineral Resources, offering between $84.7 million and $140m to take a potential controlling stake, help Noble pay back loans and let the miner get its Bibiani gold project in Ghana back on track.

http://www.bullionstreet.com/news/zhongrun-investment-boosts-noble-mineral-shares/2984

Zhongrun Resources Takes 42% Stake in Noble Mineral

Zhongrun Resources Investment Corp (SHE: 000506) said it agreed to pay $88 million for 42% of Noble Mineral Resources, an Australian gold miner. Zhongrun Resources also has the privilege to increase its stake in Noble Mineral Resources to 51.6%. Chinese resources firms are seeking acquisitions overseas to meet growing domestic demand for gold.

http://www.thechinaperspective.com/articles/chinacorporaten-9730/

Webcast: Noble Mineral Resources sees $84.7M
investment by Chinese mining group
NOBLE MINERAL RESOURCES LIMITED (NMG) has released a webcast

[B402]

tried to raise cash to ramp up Bibiani and pay back a $US26m ($25m) Investec loan on which covenants had been breached.


Hmmmmmmmmmm

Well,
Good thing they suspened themselves

[Funaboard]

Info on Noble

http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=NMG

[Funaboard]

North of the Bibiani way underexplored 1:03 in the BRR Media webcast
http://www.brrmedia.com/event/104572
Way Underexplored !!!!!

Love it !!!

[TinkerBelle]

NOBLE webcast! http://www.nobleminres.com.au/live/wp-content/uploads/2012/09/Webcast-NMG-sees-84.7M-investement-by-Chinese-Mining-Group..pdf

[the cork]

Right Homevendor, and it's great news. I've been lurking for months. Wanted to take a position but it hasn't worked out.

Yet.

I haven't stayed completely up to date, but hope somebody here has a summary suitable for promoting the company on my mining board.

I only want good companies on that board, and Noble is a good company.

[ShortonCash]

Must be fairly sure that what they found will prove out, going after the control of the company.... Speaks well of the new finds and the drill around the North Bibiani... BVIG EKOM EY YA

Chinese come to Noble's rescue
BY: MATT CHAMBERS From: The Australian September 28, 2012 12:00AM
Increase Text Size
Decrease Text Size
Print

CHINA'S Zhongrun Resources Investment has come to the rescue of Perth gold company Noble Mineral Resources, offering between $84.7 million and $140m to take a potential controlling stake, help Noble pay back loans and let the miner get its Bibiani gold project in Ghana back on track.

The deal boosted Noble shares by 38 per cent yesterday when they came out of a suspension entered seven weeks ago when the West African-focused junior tried to raise cash to ramp up Bibiani and pay back a $US26m ($25m) Investec loan on which covenants had been breached.

[Funaboard]

Lots of good to share here. Did you see the news !!!!

[the cork]

Sounds like some good stuff happening here.

If anybody has a good summary to share we'd love to see it on the Mining Mania board. http://investorshub.advfn.com/~*~-Mining-Mania-~*~-15977/

[ShortonCash]

Wrong Again, the number might have been better if Scottrade had found a way to list a bid and ask for NMNRF today...same as the ihub no information....

Noble Mineral Resources Limited (NMG)
Last Trade: $0.17 Change: $0.00 0.00% Volume: 1.36M Trade Time: 11:17 AM AEST 28/09/2012

http://theaustralian.aegis.com.au/Equities/Company/Summary.aspx?SecId=nmg

Chinese come to Noble's rescue
BY: MATT CHAMBERS From: The Australian September 28, 2012 12:00AM


CHINA'S Zhongrun Resources Investment has come to the rescue of Perth gold company Noble Mineral Resources, offering between $84.7 million and $140m to take a potential controlling stake, help Noble pay back loans and let the miner get its Bibiani gold project in Ghana back on track.

The deal boosted Noble shares by 38 per cent yesterday when they came out of a suspension entered seven weeks ago when the West African-focused junior tried to raise cash to ramp up Bibiani and pay back a $US26m ($25m) Investec loan on which covenants had been breached.

http://www.theaustralian.com.au/business/mining-energy/chinese-come-to-nobles-rescue/story-e6frg9df-1226482914003

[B402]

Hmmmmm,, O Volume on News...

Wonder what the details are

Lotta shares
but at what price

[TinkerBelle]

Thanks ShortonCash...Great News!

[ShortonCash]

NEWS

http://www.nobleminres.com.au/live/wp-content/uploads/2012/09/Zhongrun-to-invest-A84.7m-in-Noble.pdf
Following completion of both tranches of the placement, Zhongrun will own 41.5% of Noble's pro-forma share capital on an undiluted basis. Exercise of the Zhongrun options would see a further A$55.4m invested into Noble and result in Zhongrun owning 51.6% of Noble's pro-forma share capital on an undiluted basis.

Following the investment, Noble will be a fully-funded, ungeared and unhedged gold company with a clear pathway to production of + 150koz p.a. from Bibiani, and a strong platform to pursue future growth opportunities, with the benefit of a supportive strategic shareholder and partner.

Noble's Chairman Tunku Naquiyuddin said: "Zhongrun has committed to making a very substantial investment into Noble, which will provide us with the financial strength and flexibility to bring Bibiani into full production and maximise its value for the benefit of all parties. The formation of the partnership with Zhongrun follows careful evaluation of all Noble's available funding and strategic options and we are confident that it represents the optimal outcome for shareholders and delivers both attractive value and certainty. Zhongrun brings financial and technical capabilities to the partnership that we believe will be highly complementary to the Noble team. We look forward to working with Zhongrun to maximise the value of Bibiani and pursue other regional growth opportunities.


<<< maximise the value of Bibiani and pursue other regional growth opportunities.

MELBOURNE (REUTERS) -
Chinese firm Zhongrun Resources Investment Corp has agreed to buy a 42 percent stake in Noble Mineral Resources Ltd (NMG.AX) for A$85 million ($88 million), sending shares of the Australian gold miner soaring 25 percent.

The announcement sent Noble Mineral shares to A$0.15, though that was well short of a record A$0.805 the company's shares touched last year.
Zhongrun's move into Noble Mineral follows Shandong Gold Group's SDONGA.UL plan to buy a majority stake in Australia's Focus Minerals Ltd (FML.AX:), Zijin Mining Group's (601899.SS:) takeover of Norton Gold Fields in Australia. China National Gold Group Corp is also in talks to buy a stake in African Barrick Gold Plc (ABGL.L:).

Zhongrun Resources Investment Corporation, formerly ShanDong ZhongRun Investment Holding Group Co.,Ltd., is principally engaged in the investment, development, distribution and leasing of real estate. The Company operates its business mainly in Jinan, Zibo and Weihai, Shandong Province, China. As of December 31, 2010, the Company had five major subsidiaries, involved in real estate business and mine investment business

[smc9556702]

Does anyone think this quiet trading period is related to Katx/bvig s-1

[ShortonCash]

Current Operation pics from Noble website




First-tailings-truck-load



Bibiani-processing-plant-access-gate



The-first-Twin

[ShortonCash]

News
http://www.nobleminres.com.au/live/wp-content/uploads/2012/09/Appendix-3B1.pdf

Close-ology funding.....BVIG EKOM EYA Noble Resources

[the cork]

Looks like a great prospect guys. Best kept secret on IHUB right now LoL!

If anybody wants to post some NMNRF DD on the Mining Mania Board that would certainly be welcome.

[ShortonCash]

Noble Mineral Resources Limited : BBY Research on NMG – April 2012
04/19/2012 | 09:46pm US/Eastern
Noble Mineral Resources Ltd (NMG) is currently bringing its flagship 150kozpa Bibiani Gold Project in Ghana, West Africa, into production. NMG has two other gold exploration projects in Ghana, and a nickel-copper-PGE exploration project in WA.
Research Summary
Noble Mineral Resources (NMG) has raised a further A$20M to make up for the funding shortfall needed to deliver Bibiani. We have updated our model with recent raisings, and adjusted our model in line with NMG's projected capex spend (+ US$10M surplus to requirements).

Our production profile now reflects gold production from tailings until end May 2012, after which we begin processing Satellite ore, and we have raised our operating costs until Bibiani's performance can be established. Finally, we lift the corporate tax rate to 35% (from our prev 30%) to reflect our view of Ghana's likely tax regime. Our NPV has lowered to A$0.92/sh (prev A$1.25/sh), our new price target, which represents a 156% premium to the current share price. We retain our Strong Buy recommendation.

http://www.4-traders.com/NOBLE-MINERAL-RESOURCES-L-6603357/news/Noble-Mineral-Resources-Limited-BBY-Rese

[ShortonCash]

When you add the shares that BAC controls seem very few shares left


http://www.bby.com.au/

http://www.bby.com.au/assets/Uploads/Corporate/2012-BBY-Corporate-Finance-Transactions.pdf

[clutnam]

Most interesting info you come up with. Did a little research myself and found this downloadable PDF from the Noble website "Africa Down Under Presentation August 2012" and if you check on page 3, there is a pie chart of shareholders thus far, with Wei An Developments Ltd at the top.

http://www.nobleminres.com.au/2012/08/31/africa-down-under-presentation-august-2012/

Thanks again.

[ShortonCash]

Market Update

http://www.nobleminres.com.au/live/wp-content/uploads/2012/09/11M-Capital-Raising-and-Market-Update1.pdf

http://www.bby.com.au/assets/Uploads/Corporate/2012-BBY-Corporate-Finance-Transactions.pdf

ONE of Hong Kong's wealthiest and most powerful families may have a small Perth-based gold miner firmly in its sights, and it could have a role to play in the long-awaited consolidation of the West African gold industry.

Wei An Developments, which is registered to an address in the luxurious Hong Kong suburb of The Peak, has been recently buying shares in Noble Mineral Resources.

Last month, the group spent almost $13 million lifting its stake in Noble from 9.2 to 14.1 per cent.

Although the identity of those behind Wei An has been publicly unknown, according to sources the group is linked to the family behind the multi-billion-dollar Nan Fung group.

Nan Fung, headed by billionaire patriarch Chen Dein-hwa, is entirely private so does not enjoy the same public profile as some of the city's other ultra-rich families.

But it is ranked as Hong Kong's second-largest property developer, with interests also in shipping, textiles and financial services.


One Hong Kong-based source said the arrival of Wei An on the register had triggered buying in Noble by other Hong Kong investors "following the money".

Wei An is by no means the only group watching Noble very closely.

It is understood also that a number of Canadian companies, as well as several former directors of a recently acquired Australian miner, have been eyeing Noble as a possible target.

And another West African gold play, Perseus Mining, has reportedly been considering a bid for Noble as the next leg in its growth.

http://www.theaustralian.com.au/business/opinion/wealthy-family-buys-into-noble-mineral-resources/story-e6frg9if-1226069769146