A few deals up his sleeve!
I wonder what deals Pat Lay is talking about?
News HEADLINES:
London, Friday 27.08.10
Smaller companies spotlight
By Pat Lay's small caps Last updated at 15:46pm on 10.10.02
Investors should also take notice of an extraordinary general meeting of the Tera Group scheduled for October 30. The purpose is to approve a restructuring of the company from technology investment to one that includes investing in the mining and natural resources market.
Most of the old board is departing. Joining chairman Michael Edelson will be Ronnie Lowenthal, a South Africa-based financier 'with significant experience of the mining sector' and Jo Malins, who appeared in this column a fortnight ago in his capacity as director of Cambrian Mining, another AIM-listed mining finance house which is currently moving into the production arena.
As is the way of these things, it would be remarkable if Mr Lowenthal did not have a few deals up his sleeve once the change is approved.
BMFL
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