From Niepomucen, 22:04:13 on the III board "In terms of director buying, we'll have to disagree - I reckon it'd be like putting a rocket under the shareprice (AIM shares respond v positively to director buying, don't they??) Other than giving you my trading account password, I can't give a link to the director's holdings, but I've cut and am pasting the details here: Director Holdings Name Type Amount % Holding Andrew Groves - 15,040,000 ----- 1.42 % Phil Edmonds - 15,000,000 ----- 1.42 % Euan Kay - 4,635,520 ----- 0.44 % Notice that Groves owns 40,000 more than Phil. They were purchased when the sp price was starting to crack but still way up high (something over 80p per share, can't remember when exactly or for how much, but he shelled out a lot of money for 'em. Must've looked cheap at the time). That was the last director buy as far as I know, and with that sort of timing record it's hardly surprising that they're wary! At the very least I'd like to see Mr Kay taking his holding up to that of the other two."
ZAM (Zambeef) seem to have had quite a drop as well in their share price - so perhaps it is not just specific to AGTA. Also for those who are stating that the BOD do not hold shares in the company - where are you getting your information from?
Via HEDMAN on III Follow this link to see the cocoa seedlings in the nursery and quite a bit more: http://www.businessinsider.com/where-a-resources-manager-is-uncovering-a-sweet-find-2013-6 You may have to wait to be redirected and/or click to request it
Nice link from twotonetyrone on III - Savills research on African agriculture - Agriterra case study: http://www.savills.co.uk/promotions/research.aspx?document=http://pdf.euro.savills.co.uk/rural---other/spot-africa-lr.pdf?response=no
Can someone advise what the items on the agenda, at the AGM, were please?
sorry wrong board
Blimey how did I get on your radar - you have a very straightforward target acquisition system - if it types fire all you have at it - nothing as effective as friendly fire I guess. I do not glibly follow - however now that I'm on your screen I guess I have to join others in taking some of your vitriolic outbursts - I don't want to - I have done nothing to you - I'd like to suggest that you find the right target and take that down - shooting at everything can't be the best approach - good hunting!
Does anyone know how this is progressing? Signs Conakry Port Development Agreement - RNS Number : 6808B Agriterra Ltd 23 February 2011
This has a lot of relevant information: http://www.fao.org/docrep/006/AD220E/AD220E01.htm
Not sure if Australian info is appropriate but: "Cocoa plants start bearing approximately 16 to 18 months after planting. Average yield is approximately 3 – 4 tonnes per hectare or 2.5 – 3.3 kg dry beans per plant." please see yuruga.com.au
Another forward moving RNS .... beef looking very promising Did some research into Palm Oil yesterday - some claim that there's $2,000 net profit per hectare to be had. Takes 4 years to bring the land into production though. At 45,000 hectares that's $90,000,000 p.a. If Asian economics apply to Sierra Leone. Looks incredibly positive in the medium term. Does anyone know the plans for this division of the company? Maize meal and by-products showing improved returns Cocoa, bananas, macadamia nuts - not too sure Interims may well be circa last week of Feb. If a $28 million injection and two good recent RNSs have not boosted the share price will the interims do it?
From Drill8's post on III: >>>>> Volumes Monday(4 Feb): 2.7 M Tuesday: 6.1 M Wednesday: 3.2 M Thursday: 4.8 M Friday(8 Feb): 5.0 M Avg. Volume 5 sessions: 4.3 M Avg. Volume 20 sessions: 3.0 M
Below 3:00 and I am in for some more, too
Posted by Drill8 on III [Note: In Mozambique, Agriterra supplies beef and maize] >>> Mozambique negotiating Argentinean wheat buy <<< January 4, 2013 The Mozambican government is negotiating with the Argentinean authorities for a guaranteed supply of wheat at fixed prices from the South American country’s milling companies, said Mozambique’s Industry and Trade Minister, Armando Inroga. Cited by Mozambican news agency AIM, the minister noted that the aim was to ensure wheat price stability in Mozambique and to reduce the costs of the government’s subsidies to bakeries. Despite its potential for wheat production Mozambique is still highly dependent on imports. The price of wheat on international markets has recently been very volatile. “With this agreement we will be able to buy wheat at fixed prices, which means that purchases in June, August and September, for example, will be at a previously set fixed price, even if prices on the international market change,” Inroga said. The minister said that negotiations were expected to be concluded by June and that before then the two sides would meet either in Maputo or Buenos Aires. Wheat is currently bought by Mozambique’s milling companies, which then distribute flour to bakeries and other units. In 2010 the Mozambican government established a subsidy for mills to minimise the impact of wheat price volatility. In 2012 the State Budget included a provision of 615.3 million meticals for wheat flour subsidies. Source >>> macauhub
07:41 South Omo Ecologist Tullow have just struck oil again in Kenya (2 out of 2) and, in their RNS, they state "the Sabisa-1 well in the South Omo Block in Ethiopia is expected to commence drilling by the end of December" If their current success rate continues in South Omo, Agriterra may be receiving their extra $10 million from Marathon quicker than expected. One question: we have not yet heard that the deal with Marathon has been completed (so I assume it has not). What if oil is found before the contract is signed and dusted? We live in interesting times ...