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Member Info for Coldfeet

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Member Since: Thu, 13th Nov 2008

Number of Share Chat Posts (all time): 3,420
Number of Share Chat Posts (last 30 days): 5

Last Posted: 21 Nov '15

Post Distribution over the last 30 days

20 Sep '15

Evening andy.p,

$500m does seem a high figure for 500k tonnes, they probably only need 40% of that sum using an average of $400/t. What I like about AFPO is the potential growth past the initial 500k, assuming the agreement gets off the ground.

COMESA countries import 10m tonnes of fertiliser so the higher figure stated in the RNS would be enough to cover over 1m tonnes. Loita and the other financiers will hopefully be testing the water with $50m. If it works, then the credit limit increases.

Week after next and hopefully there will be more meat on the bones.

AFPO would be able to use the revenue to progress exploration drilling, a production mine would cost half a billion dollars on it's own so no way AFPO will be taking on that project by themselves.

11 Sep '15

Well done to all shareholders.

Finance of up to $500m.

5 Sep '15


At least read the last few RNS' please.

29 Aug '15

Evening N902,

Yes, the long-term prospects here are very blue sky.

Even with the trading model I keep recalling CC's comment that COMESA import 10m tonnes of fertiliser each year, so the 500k target set is only 5% of the total market. Didn't know that African farmers were getting ripped off by so much because they have to import all of their fertiliser.

If it works for one others will follow and whilst I doubt AFPO will secure the whole market hopefully the 500k will be just the start.

Like you I'm hoping that CC will reinvest revenue into exploring their jewel, Lac Dinga, next year. But a JV partner will be required, as you suggest, if they aim to be a producer in 3-5 years time.

24 Aug '15

The potential is indeed "mindblowing".

Especially as the 500K Mt initial target is only 5% of the the total market for COMESA countries.

Big rewards will come to the patient.

17 Aug '15

Ugh...scary for a while there, started reading the BB without logging in and saw that zero research Rockazioni again.
16 Aug '15

Yes Taff, much more amenable BB, shame really, always to the best of shares though.
16 Aug '15

Morning Taff,

Yep, ignoring them is the only option.

Have also been in from below 0.4p, because I also understood the content of the RNS.

16 Aug '15

You ask for answers and then ignore them all.

Time to ignore you, it will make the BB a bit easier.
16 Aug '15

Morning N902.

Good try, however I doubt he will understand your simple analogy.


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