Teknomining hits rock bottom

Report claims that previous reports of promising findings were 'misleading and inaccurate', writes Fearghal O'Connor and Samantha McCaughren.

4th May, 2013
Original directors Nial Ring, Michael Holden and Liam McGrattan at the launch of Teknomining in 2010. Photo: Bryan J Brophy

A small company with grand ambitions to mine for nickel and copper in Turkey was launched on the little-heralded Plus market in London three years ago at just 9p a share.

The main brokers didn't deal in the shares of Teknomining, which is registered to a small office in Ballybough, North Dublin. But that didn't stop 360 investors, mainly Irish, putting thousands of euro into the company.

At first their leap of faith seemed to be...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago