Member Info for knicol46

now on table

http://www.diretube.com/articles/adss-targets-ethiopia_10610.html

' the Company is targeting increased workflow arising from potash development in Ethiopia.'

https://www.google.co.uk/finance?q=LON%3AADSS&ei=HM8UVrnbE4aUUNH-svAF

for starters

leak? https://www.google.co.uk/finance?q=LON%3AADSS&ei=HM8UVrnbE4aUUNH-svAF

currently

just few weeks ago - nothing has changed since!

what price you aiming to buy in at Yani?

buys coming in again

to get near 15p!

soon. Contracts obviously worth more than the cost of, will add to the company assets each one.

A further facility of up to £1,500,000 granted with a private organisation has been agreed with the expectation that the first drawdown of circa £500,000 will be made shortly. We are grateful to our lenders particularly Rockpool Investments, whose flexibility has allowed us to generate the pipeline of schemes which will now be delivered. Their support, along with our focus on cash management, has enabled us to do this without having to call on shareholders for further equity. Whilst the reported performance of the business in the last few years has been very disappointing, strong value is being created in Extra Care and the financing of these schemes will enable the pipeline to start to flow. The Board continues to be of the strong belief that delivering Extra Care is the correct strategy for the business supplemented by our traditional work in the Health market. As the delivery of our pipeline accelerates, this value will start to be realised in the results of the Company.

I am acutely aware that our share price and the value of the Company has languished in recent times. I along with my fellow Board members together with the Ashley House team wish to record our thanks to you, the shareholders. Many of you are long term investors who have given us much needed support in uncertain times. Your forbearance, loyalty and tolerance are very much appreciated.

I am delighted that the Company has recently announced that it has chosen to sign a Funding and Partnering Agreement with Funding Affordable Homes ('FAH') and its property advisor SHA Housing Limited. FAH is a newly established investment company set up to serve investors who hold the same strong social and financial objectives as ourselves. The fit with our business is compelling. FAH has a mission to support the affordable homes sector. We have agreed to work together on the development and delivery of affordable Extra Care housing for older people. The schemes will be forward funded by FAH during construction and through to completion allowing us to develop the business without the difficulty of needing to grow external debt. This arrangement will give us a much needed boost to our current pipeline delivery. During the last year we held discussions with many potential funding partners. We adopted a strategy of seeking lenders and funders closely aligned with our business model and social values. Many of these discussions were extremely positive and resulted in real interest in funding the projects we produce. I would like particularly to thank M&G Investment Management Limited with whom we had signed a Heads of Terms and who we would hope to work with in the future.

soon

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=ASH&ArticleCode=t8386out&ArticleHeadline=Related_Party_Loan_Facility

was 14.75p just few back BEFORE this funding in place

very good day!

any takers