Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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After recent RNS's we should be trading at a higher price imo. lp 3.1 - 3.45p.
Is anyone following AMEI? Same directors. AMEI seems to be in serious problems. I have holdings in both, and am just concerned that AMEI will pollute AGTA in terms of buyers and SP.
has a sell order on them though.
Look good.
someone is horading for sure, we are likely to seee an rns soon about holdings
definately someone is ready to make a killing. did you see the £39000, ££45000, 22000 and a £10000 buys yesterday? That serious stuff. Having spoken to someone from Mozambique myself, I am made to believe that agta is gearing for strong growth this year. Im not sure about the level of liquidity here, but I guess we might all be shocked as this baby makes a fortune, esp considering food crisis gripping its region and the world at large.
Update on Higher sales expands on previous good news regarding record buying season and stockpiling in period June to November ready to sell in second half of year. Interims to Nov 10 due to be announced shortly, hopefully , these large buys are due to the results and will move shares higher.
what market cap of near £50m??? Must be good margins then
this one looks good for the future. we we se a gradual daily increase in sp from now. I believe the 8p target will be reached before Q2
margins do they work on?
sales up 130%
Africa Oil signs new study agreement with Ethiopian government EBR Staff Writer Published 09 December 2010 Canadian oil and gas firm Africa Oil has signed a definitive agreement with the Government of Ethiopia to jointly study the Rift Valley Block. The block is located north of the company's South Omo Block and encompasses the remainder of the Tertiary age East Africa Rift Trend in Ethiopia. The company has committed to carry out an airborne geophysical survey over the block, which spans 42,519sq km. Africa Oil will also work closely with seconded members of the Ethiopian ministry of mines to support local capacity building. The joint study agreement has an 18 month term, following which Africa Oil will have the exclusive right to enter into negotiations for a production sharing agreement for all or part of the Rift Valley Block. The company plans to carry out the airborne geophysical survey, together with reconnaissance field geology, in 2011. The company has also closed the Ethiopian portion of the five block farmout transaction with Tullow Oil. As a result of the completion of the South Omo Block portion of the transaction, Tullow now has a 50% operated position in the block, with Africa Oil holding a 30% interest and Agriterra Limited holding the remaining 20%. Tullow has paid $1.3m to Africa Oil, in consideration of back costs, and is obligated to fund the next $23.75m of Africa Oil's future costs in the blocks. The closing of the Tullow transactions on the additional four blocks, being Blocks 10A, 10BB, 12A and 13T, all located in Kenya, remains subject to the conclusion of the Interstate Petroleum court proceedings. http://explorationanddevelopment.energy-business-review.com/news/africa-oil-signs-new-study-agreement-with-ethiopian-government-091210 --------------------------------------------------------------------------------
PI's just beginning to understand the true value here. Worth a read over previous RNS's.
Could somebody explain why the large increase in sp does not appear on the main home board for LSE up 10.92% so far
DJ Agriterra: Deca Facility Continues To Perform Strongly LONDON (Dow Jones)--Agriterra Ltd (AGTA.LN), the AIM listed company focussed on the agricultural sector in central and southern Africa, said Wednesday that operations at the main DECA facility at Chimoio continue to perform strongly with demand for product above average historical levels. MAIN FACTS: -Sales of processed maize meal for October and November totalled $2.5 million. -Demand for bran, the milling by-product used primarily for animal feed, is increasing weekly, both from local consumers and for export to Zimbabwe. -At the Compagri facility in the Tete Province, both buying and processing operations continue to be ramped up. -The export market for maize meal produced at Compagri is increasing and it is currently processing an order for 3,000 tonnes of grain and 1,000 tonnes of maize meal for Zimbabwe. -Maize meal deliveries to Zimbabwe are now being made and local sales are also increasing. -MOZBIFE - Cattle Ranching: The Vanduzi feedlot has started limited production with the first animals delivered for slaughter to the Beira abattoir last week. -Slaughter dress out weight percentages were between 58% and 63%, 10% above expected ratesl average sale price achieved per animal was more than $900. -Demand for quality beef on the local market continues to significantly exceed supply and the Company is aggressively expanding its feedlot operation to help meet this demand. -Maize planting is underway on 200 hectares of recently cleared land to supply feed to the feedlot. -Negotiations with abattoir suppliers based in Holland are underway in order to secure the Company's own slaughtering facilities. -Further feed pens are under construction and bush clearing programmes are progressing well. -The Dombe and Mavonde ranches have recorded 238 calves born in recent months with more expected and all cattle are regarded as being in exceptionally good condition. -Scaling up buying operations of Beefmaster cattle with a target herd size of 10,000 head. -Shares at 0910 GMT up 3.25 pence, or 11%, at 3.25 pence valuing the company at GBP22.53 million. -By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; ian.walker@dowjones.com (END) Dow Jones Newswires December 08, 2010 04:11 ET (09:11 GMT)
http://www.hemscott.com/news/static/rna/item.do?newsId=124715112880371
The financial accounts show expenditure written off to profit and loss immediately.which explains most of the reasons for loss in this young company, unfortunately, the excellent trading update after the year end does not provide enough information to estimate ebitda in the current year.Last year six months to 30/11 issued early . The investors who took upthe placing must have had access to up to date information which should underpin share price.When do you think this company will become profitable.
Sorry wrong date
Rns on website dated 16/12/10 successfully raised $7m for existing developments abbatoir/feedlot and future expansion. Timing just before strong trading results expected.
sprice holding up well despite large sales over last two days outweighting purchases
absolutely mate - this is just the beginning - tuck this one away for a couple years & you will be very pleasantly suprised
At end of month, decent buying today and this rise is just the start imo.
some large buys over last few days, results out this month which will expand on excellent trading update after year end, i expect sp to increase as days go by up to the release of results
Warren Buffett: Forget Gold, Buy Stocks Chris Rowe If you think the dollar will decline further, it makes sense to buy commodities. But even if there is a global recovery that's faster than we expect (isn't that often the case?), the fact is that many commodities will still outperform, because supply is simply unable to meet the increasing demand for some of the commodities. So which one(s) do you buy? In a recent interview with Ben Stein, when asked about whether or not gold is a good investment, Warren Buffett said: "You could take all the gold that's ever been mined, and it would fill a cube 67 feet in each direction. For what that's worth at current gold prices, you could buy all -- not some -- all of the farmland in the United States. Plus, you could buy 10 Exxon Mobils, plus have $1 trillion of walking-around money. Or you could have a big cube of metal. Which would you take? Which is going to produce more value?" He went on to say that he is a buyer of equities, and that's what he would recommend for others -- specifically, investing in companies that pay dividends and are likely to increase them in the future. Warren Buffett has an outlook of 10+ years down the road. He can be wrong about his call on equities for a few years and still not be Considered "wrong", as long as equities continue higher in the years following a decline. Frankly, I don't even know if I'll be around to enjoy my money in 10 years, so I'm looking at what will be moving over the next few years, and possibly over the next year. We are very focused on investing in the right SECTORS. We don't believe in just blindly investing in "the stock market", even if they pay dividends. So I would take it one step further than that. Buffett says "buy stocks" but I say buy agricultural stocks! Agricultural prices, over the next several years, are almost certainly going to be in a bull market. It could be caused by food shortages and droughts that will eventually create food shortages. But it could also be caused by a decline in the U.S. dollar, so if you think the Fed’s printing of money is going to cause the value of the U.S. dollar to decline further from here, then you can add that to the reasons commodity prices are going to continue trading higher. Commodities have an inverse relationship to the U.S. dollar. But due to the huge demand for grains and a lack of supply, not to mention the way the global economy and population is poised to grow, I think even a strong dollar would result in limited downwards pressure on the sector. We saw the effect that the 2007 - 2008 food crisis had on grain prices, causing political and social unrest across the globe, rich and poor. Initial causes of the dramatic price increases began with emerging economies being able to buy more food and change their diet, along with falling world-food stockpiles (a trend that still continues today). Furthering the price spike were droughts i
Those who bought 6 months ago are in profit - others like me are in the RED. It is a red I can ill afford. Now I don't mind holding a bit longer but the reality is the price can go back to 17 pence ..... within days .... and will it ever go back up again. Are people really expecting £1.00 by year end?