ROC first flagged the move in 2002, and is taking up the “fast track” admission process for companies already listed on compliant exchanges, one being the Australian Stock Exchange. ROC said the listing will not involve the issue of any new shares, nor the raising of any fresh capital.

Managing director John Doran said: “ROC has been considering a London listing for some time following the company’s first public reference to the concept at the May 2002 Annual General Meeting. The precise timing is a function of the recently initiated ‘fast track’ system, which has made this type of listing particularly efficient from a time and cost point of view – especially if you don’t need to raise any money!”

“ROC sees a London listing as a very logical step, reflecting the geographic spread of its assets, including its revenue base in the UK and its strong presence in West Africa - a part of the world which is currently much appreciated and well understood by the London market.”