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Guys beware of 123 the cornflake Ramper . Check out his post on PTV. BUT saying that he is funny or she.
Another Afpo,great news and big contracts soon.Best entry time.
SharePickers ‏@SharePickers · 5 mins5 minutes ago Think a bit of people power worked. Had an email asking if I'd like to do a call with #ADSS tomorrow.
oilnewskenya ‏@oilnewskenya · 32 mins32 minutes ago Atlas Development in Joint Venture Partnership with #Ethiopia’s Orchid Business Group http://ht.ly/UbIMZ #oilandgas #mining #logistics Among works handled by Orchid is the recent past with some ongoing include:Grand Ethiopian Rennaisance Dam Project, Awash Kombolcha Hara Gebeya Railway Project, Lebu Akaki IT Park Outer Ring Road Project, Saula Kako Road Construction Project, Addis Ababa Bole International Airport Terminal Expansion Project, Pile Foundation Works, Awash Kombolcha Hara Gebeya, Pile Foundation and Water Well Drilling works Adura Akobo Road project, Pile Foundation Works for 3 bridges and AAWSA/ CGC Overseas – Legehadadi Deep Water Well Drilling works.
I see part of the JV is for ADSS to "provide access to capital". Does this mean spending cash, borrowing or a placement?
Of course, this is clearly good news, I just don't think its wise to start visualising targets as high as 3p when there are no numbers on the table. I assume the latter paragraph is a hint to AFPO? Maybe Esprey will go on that podcast now and divulge a few more deets!
This is all dependent on further news. I don't feel like the company have given us much in that last RNS. Need a lot more meat on the bones for this to fly. Obv this is good news and I'm not trying to deramp here just saying that without a single number in the whole RNS its hard to get excited, could even be interpreted as slightly worrying that they haven't given any indication as to true nature and size of this venture.
Another Afpo,many contracts in pipe line with massive resources.One of best investment opportunity.
I don't think anybody sold on opening, my buy is showing as a sell, at a similar price to the other reds.
This will go upward and onward from here.After this contracts news one after another line Afpo.At the massively under value.
but what if no go up he be laughing then.
Low market cap, money in the bank, good NAV, and looking like deals in the pipeline. I'm in.
Looking for 3p here ghost. Happy to wait. Been adding on dips for 3 weeks using same plan as I did on Afro buying all the dips sub . 35 on there and sub .8 here. Recovery is in play very under valued. Mcap still same as cash
when go up over 1.35p you be crying for your loss
Morning. this significant development is in line with the Company's strategy to focus on advancing its project pipeline in Ethiopia to open up additional opportunities. I read that as contracts to follow in Ethiopian potash. Fingers crossed.
Buys loading up.Fantastic news.
Again Atlas is priced to fail at this level. The Orchard Group is a heavyweight in Ethiopia an has some very large projects on the go. It has over 2000 employees, 100+ vehicles in its logistics arm and numerous machinery. This is the beginning of a rich flows of news. After a JV is announced the only thing to follow are contracts. The big hint and rumor before was to do with potash. This was never denied by the company in any medium. BOD are obviously working very hard to move away from the Oil sector. A little more meat on the bones is all this needs. MM's are not holding many shares so will need to accumulate to meet demand. The real spread has already tightened considerably today- 0.7855 to sell 0.8195 buy.
Im confident this will be the turning point.
Clueless investors chasing the bid down. Sure way to lose money. I'm sitting happy and await the next lot of news. ADSS is a buy down here not a sell.
gee
Just did a dummy buy. Trades at 0.85 are buys. GLA Not watching this today and not expecting fireworks but lets build above 1p for starters and see where the next bit of news takes us.
odd
Anyone selling ADSS at these prices right at the bottom of the chart should not be investing in AIM. Simple. Expect to see buy pressure build as the BOD continues to make investors believe they are going to turn this one around. Potash next?
BOD certainly pulling their finger out to change the fortunes here which is good to see and we have the money to do it. Cash = to mcap and a BOD hungry to release news in form of JV's, acquisitions etc. Right at the bottom of the chart at wholesale prices. This is a buy and hold for a good recovery play.
Whoop whoop