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Indeed what a strange message to post.
Each to their own I guess and whatever makes you happy.
Doesn’t take long for the morons to come out now does it.
Hazrat
Nothing worse than a bitter ex holder who sold at the all time low only to see it 5x since eh?
RBWRE: Sold out1 Feb '19
I have sold out as I no longer think sustainable cash generation is possible. So far the mining areas are small and so have a limited life. I can see a future where the cash generated from one area goes into establishment of the next, rather than being paid to investors. A game changing find is required to break that cycle but a huge drilling campaign is required to find it. I will continue to track and hope for that big find.
You always know when someone’s agenda driven.
20 odd deramp posts here in a week and nothing much elsewhere. Hmmmm.
Then I read this. LOL this muppet sold at the low a few weeks ago.
Couldn’t make it up could you?
Bitter little man.
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RBWRE: 2 x 1M trades yesterday4 May '19
For me AIM investing is all about red cards. Aside from the numerous ones that caused me to sell earlier, not releasing the report this Q is the final nail in the coffin. This company is dead and buried.
Degsy.
You only need to do a google or twitter search for Rare Earths or Trade War and you can grasp the significance of what’s happening here.
This could easily be 20p next week and if things get really nasty with the USA/Chinese 30p+ is not an unrealistic target
What more could we have asked for at this stage?
Multiple contracts in the near term pipe line that are capable of producing revenue in JUNE.
Contracts close to signing any day.
Team needing to be enlarged to cater for what’s demand above expectations.
We have the right people on the right place at the right time.
This will become a £30/50m company in the next 12 months.
Only thing to consider is at which point of the curve do you jump on or off.
The curves at the base today. Only way is up and it’s a long way up from here.
I guess sentiment depends on your viewpoint.
Any short term pullbacks should and will be bought into.
The Sheikh clearly set out a strategy in the Upstream Oil article that he intends to carry out.
Some may think it is better to jump ship and rainbow chase on other shares, others will be patient for what could be a news release on any day now and reap the rewards.
Nothing negative here about sentiment or potential at all.
Solid 100% buy.
52w low now 52w high 2.4p
Should be heading back towards that.
UFO did over 200% on much lower results from surface samples.
Very good early results.
In fact a lot more detailed and extensive than the result that pushed UFO up 200% the other day.
Great work and very undervalued sub 1.5p
Interims due here soon and the macro position looking much better.
2p or not 2p very soon?
hxxps://www.sundaymail.co.zw/strong-investment-appetite-for-zim
I have had contact with the journalist who wrote it.
He was direct to the Sheikh with the interview.
His representatives toned it down.
What do we make of that.
The mcap now is underpinned by the FUNDED share they have of Aje.
Previously the market cap was discounted due to fears that the required funding would not be available.
Our share of Aje is worth £15-30m do nothing priced in at all yet.
Look at All the news reports of the meetings he’s had with African heads of state this last six months.
This is not just being thrown together.
Big things coming soon.
Very big
Big business still runs and operates.
Deals don’t stop.
Just the odd days.
Ridiculous to say otherwise.
Very interesting. Especially after reading the Upstream article.
https:https://www.eni.com/enipedia/en_IT/international-presence/africa/enis-activities-in-the-republic-of-congo.page
//www.issuewire.com/dubai-to-fund-infrastructure-and-energy-growth-for-congo-1626887037993491
https://www.africanews.com/2019/05/02/congo-ends-energy-deal-with-eni-business-africa/
If you know how the oil and gas business works in Africa, have a guess who will be the only allowed bidder for assets in a host of countries?
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But the prince has also chosen to operate initiatives through his private office, meeting directly with heads of state including Nigerian President Muhammadu Buhari, Liberian President George Weah and Puntland President Said Abdullahi Deni.
In addition, he recently attended the inauguration of re-elected Senegal President Macky Sall.
I have no idea how this didn’t do 100% today.
Never have I read such a clear message and direction given in an article.
Do we think he’s going to dilute or use debt which he can access without any issue.
Even that debt will be soft.
This must be the best oil and gas junior on all worldwide markets potential wise
PART 2
Sheikh Ahmed is the founder and chairman of Africa Middle East Resources Investments (Ameri Group), which is building a portfolio of power plant and energy infrastructure projects — including gas-to-wire schemes — and has in the past year been traversing the African continent in search of strategic opportunities.
Ameri is exploring investments in both the Democratic Republic of Congo and Congo-Brazzaville, Equatorial Guinea and Gabon, and this year entered into partnership with Ghana to install an emergency power plant on a build, own, operate and transfer basis in the Takoradi oil hub.
But the prince has also chosen to operate initiatives through his private office, meeting directly with heads of state including Nigerian President Muhammadu Buhari, Liberian President George Weah and Puntland President Said Abdullahi Deni.
In addition, he recently attended the inauguration of re-elected Senegal President Macky Sall.
His initiatives reflect a burgeoning interest in Africa's oil and power sectors by Persian Gulf states, particularly the United Arab Emirates.
The Dubai Multi Commodities Centre free trade zone has lately been growing in relevance for start-ups targeting African energy investments, while Oslo-listed African Petroleum surprised investors last month by merging with PetroNor E&P — half-owned by an Abu Dhabi vehicle linked to the Emirates’ royal family.
Sheikh Ahmed’s MX Oil deal has raised hopes that more private equity from the UAE might now be tempted into Africa’s cash-strapped upstream sector.
UAE equity wakes up to African opportunities
Dubai's Sheikh Ahmed takes a stake in Nigeria's MX Oil with plans to 'personally steer the business'
Barry Morgan
Paris
2 May 2019 22:00 GMT
A surprise move by Dubai’s Sheikh Ahmed bin Dalmook Juma al-Maktoum last month to acquire a personal stake in Nigeria-focused junior MX Oil has triggered hopes that Persian Gulf players may help plug a funding gap in African energy infrastructure projects.
In an exclusive interview with Upstream, Sheikh Ahmed insisted the decision to take a 29.86% equity share in MX — a partner in the producing Aje field off Nigeria — was his first investment in a public company and that he "currently has no intention to invest in another".
"I will certainly be taking on a very active role within the business. It may take another month but I intend to join the board as an active chairman because I have a desire to personally steer the business," he said.
"I have very clear ideas as to how significant value can be grown within the business,” added Sheikh Ahmed.
He did not comment on whether heavyweight partners may be sought to accelerate the pace of growth, but said his ambition is to build MX Oil into a billion-dollar energy business over the coming years.
Currently, London-listed MX’s sole asset is Aje, which lies in OML-113 in the long-neglected Dahomey basin, where its partners are New Age, Energy Equity Resources, Panoro and operator Yinka Folawiyo.
But MX chief executive Stefan Olivier said Sheikh Ahmed’s private investment will add great value and yield fresh partner opportunities.
With MX Oil, Sheikh Ahmed said his role will be “to focus on business development and on growing value, building on his relationships with the many heads of state who are keen to work with us to help them develop their natural resources.”
“MX has had its problems accessing sufficient funds but I don’t believe this will be a problem in future. It’s an ideal vehicle for taking advantage of opportunities, primarily in Africa.”
Pressed on his preference in terms of asset acquisition, Sheikh Ahmed said he will “look at production and near-production assets, but we are not afraid of exploration as long as the portfolio is balanced”.
“We won’t sit on our hands as a single-asset company but will rather go after company-making projects, add value and get them into production — we will do our technical work before taking on any project, leveraging relationships we have with international oil companies who may wish to partner with us on larger projects.”
Sheikh Ahmed last month visited Ondo State Governor Rotimi Akeredolu in Nigeria, signing a memorandum of understanding for a deep-sea port development.
“We are currently evaluating several opportunities in West Africa’s oil and gas sector and will announce the projects in the near future once progress reaches a certain stage of maturity,” he said.
Sheikh Ahmed is the founder and chairman of Africa Middle Eas
He’s not going to take it private.