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Andalas Energy & Power

16:57 on 24/11/2017

Current Price 0.04p | Bid 0.04p | Ask 0.05p | Change -2.25%

Company Overview

CEB Resources plc (formerly Clean Energy Brazil plc) is an investment company, which offers the opportunity to participate in the prospective growth in the Brazilian sugar and bioethanol sector. CEB intends to invest in integrated sugar and bioethanol production units in Brazil thereby giving investors exposure to: * Brazil's domestic bioethanol market; * the global sugar market; and * future growth in global bioethanol demand. CEB intends to invest in existing production units via joint venture partnerships and also to acquire greenfield sites and subsequently bring in partners with which to work. CEB has entered into an agreement in relation to an initial investment opportunity into an existing sugar/ethanol group (joint venture) and has secured two exclusive acquisition opportunities (joint venture and greenfield). Temple Capital Partners Limited (whose founder shareholders are C. Czarnikow Sugar Limited, Agropecuaria Orlando Prado Diniz Junqueria, Numis Corporation PLC and Econergy International plc) will act as investment adviser with responsibility for originating, appraising and presenting investment opportunities. Investment decisions will be solely at the discretion of CEB. CEB has a board of six non-executive directors with a diverse range of experience. It is initially proposed that CEB will have a life of ten years.

Stock Details

EPIC ADL
ISIN IM00B1FPZP63
Shares in Issue 718,147,303
Market cap £ 1.08m
Sector Alternative Energy
Indices FTSE AIM All-Share Index

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Price Summary

Mid Price ? 0.04p
Bid Price ? 0.04p
Ask Price ? 0.05p
Volume ? 4253765
Change Today -0.00p
% Change Today -2.25%
Open 0.04p
Previous Close 0.04p
Intraday High 0.04p
Intraday Low 0.04p
52 Week High 0.00p
52 Week Low 0.00p

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Broker Consensus

The above information represents a selection of the views and target prices published in the last 120 days by analysts in individual stocks. It is subject to change without notice and may not necessarily be the view held by Redmayne-Bentley.

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