Member Info for labrow

I trust the directors are keeping all the wind falls out orf Mosambique till the posability of renewed civil war is past.

South OMO is predicted to be a gusher. This oil is on the Saudi oil field and the Saudis are worried that they will loose oil here. Lets hope the deal has not gone thru.

This company has developed good products but does not have the sales base. Lets hope that is now changed and we can get some money back. Does any one know its NAV seeing it has good patents.?

I would like to know what agric qualifications the board has. Relying on agric management can only lead to bankruptcy . Especially if that management is from SA

Profits do not exist in agriculture! BUT an increase in assets and hence share nav does.

In Africa a statement to pay is regarded by the purchaser as the finally of the deal. When the cash changes hand is ? Has South Sudan paid up yet?

I bought in here for the agric but was surprised with the oil inclusion. However the co is going in for a very unprofitable beef project. I am emailing the co for some details

It was the statement by Elias Gebreselassie of the 12th Sept that caused these shares to rise. Were the fundamentals of this statement true? If so I believe the board has acted against the interests of the share holders!

The income of $50,000,000 is peanuts when the cost of the West African development is taken into consideration.

Agriculture is a very expensive business and the price of the final product is out of the producers hands. Their idea in Mozambique taking beef thru from breeding to retail selling is good. But it is slow. When the development in the Tete province is in full swing it could be lucrative. Also maize production, best crops produced with GM seeds but African countries, apart from SA will not import it. The other problem in Mozambique is the size of the hand out required by the provincial governor.

I believe that investors have lost confidence in the directors.

Some heavy sales then the price goes up?

On the 24th of Aug. Andrew Groves announced an oil estimate of 2.7 bln barrels of oil in Ethiopia. He pushed up the price, then on the 3rd Oct AGTA announces that they have sold out the 20% share for (oil) peanuts! I wonder how much they, the board ,have invested in Tallow oil, Africa oil Marathon Ethiopia and Marathon oil corp. This southern Ethiopian - Kenya oil deposit is believed to be an extension of the Saudi oil fields and the development has the Saudis worried.

Sorry to disillusion you but Africa can never be equated to Asia. Have you ever lived here?

Most investors were in here for the GBP 4.00 per share now let down.Energy and capital had an article on the African oil gusher by Nick Hodge guess all have taken their pennies to Tullow oil. Knowing African agriculture as I do the directors probably invested in Tullow and then raised a few bucks to keep the agric side afloat. They need to re-look at their chosen cattle breed for Africa

Recently the ceo put a price of GBP4 plus on these shares when the oil was hit. NOW? Bet they have all covered themselves. One tipper I just read re great potential in Omo region and Kenya. May the curse of Africa be upon the board.

Lots of reds but the price is stable. Lets not sell and see this thru to its true value. Not long ago an issue was sold at 5p.

Plenty of sales at a bargain buy price considering what the potential is

A one monitoring this share any idea on its wind up value. Many good patented products.

Does any one know if agta is involved in the Kenya oil drilling or just in the Ethiopian oil prospecting. On the agricultural side presumably any gains in the high maize price will go into development in west Africa. As for beef production Southern Africa is subject to a glut, cheap steak for us south of the Limpopo.