| Purchase: Mwana Africa |
| Written by Portfolio Updates | |
| Thursday, 05 November 2009 | |
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New security added to Money? What Money?'s investment portfolio:
Company Name: Mwana Africa PLC Summary: Mwana is a mining company focussing on precious metal, base metal and diamond extraction in Africa. They have various interests in Zimbabwe which – due to the current political turmoil – has led many investors to avoid any substantial commitment. The focus on the risk posed by their interests in Zimbabwe has led to a disproportionately low valuation given that they have substantial assets in other parts of Africa. |
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| Last Updated ( Friday, 20 November 2009 ) |