It was reported in The Edge that International investor James Beeland Rogers Jr, better known as Jim Rogers, has started building his direct stake in Geo Energy Resources. On Aug 22, Rogers acquired 1.7 million shares in the coal mining and trading company at 35.5 cents each. The acquisition was Rogers’ first direct investment in Geo Energy, bringing his direct interest in it to 0.15%.
He is also deemed interested in another 0.17% of the company, owing to an agreement with executive chairman Charles Antonny Melati, granting Rogers a call option over two million of Geo Energy ...
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