Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
OPT up 40% or so but MCAP is still a ridiculous £2M !!!
Stocks focused on developing Africa are not fashionable
OPT Finally we're seeing light at the end of the tunnel
Now longterm shareholders want to see 'value' delivered
Has anyone outside the 'vested interests' who paid for the survey actually seen and independently analysed those logs of the Weald basin?
They may have been writing on the wall investors were not made aware of
Carrefour - To go way back to how LG ended up on TSX is to recall LenigasCuba from AIM focussed on Cuba.
Moving into a Canadian stock made sense as Canada was a major trader with Cuba. And the USA was removing barriers.
Enter the psycho behind the Resolute desk and all that is over
DL dumps the Cuba focus and switches to the emerging global medical cannabis scene - a brilliant movfe
EXCEPT all the original UK LenigasCuba shareholders COULD NOT trade their shares since it moved to Canada.
But one year ago were looking at 50X+ !! profits (on paper) when the shares rocked to C$1.00
Those original shareholders are still up 100-200% irregardless the shares crashes right after New Year 18 to 12c today.
TSX is the 'AIM' of North America. It won't take LG,V where the principals want it to go.
Getting LG.V onto the LSE means those Cuba shareholders can again trade their shares. In an amalgamet companies with vastly different fuindamental 'values' and future than they had a year ago.
AAAP will be truly global in outlook and reach - in wildly different enterprises than pure 'agriculture' but it will be growing something for sure.
Opt - AAAP has wrong-footed many for a long time but if you want to participate in a collection of 'bizzare' investments in developing Africa there probably is no better place to put money (you can afford to lose) and forget it. Crashes will come and go. Africa and it's vast wealth will always be there.
As for the shares I haven't given up the idea that Lenigas Capital cannabis gets rolled into AAAP sometime. Those shares are underperforming so spectacularly on Toronto (C$0.12) despite the truly global activities of the company now than a year ago when they were C$1.00 from blatant manipulation and speculation. TSX is worse than AIM and will not get that company where it wants to go. LSE will. Let's see
Deliberately so. Probably because the BOD don't want the usual AIM crew of day traders. short-term speculators or stockmarket psychos anywhere near this share. They want longterm investors who know industrials minerals are boring, and like bordellos, always in demand.
They want investors who buy the share and forget it.
Opt - At first some hoped for light at the end of the tunnel. Imagined all kinds of scenarios (none of which I discount as yet). then suddenly we are out of the winter of our discontent, made glorious summer by this totally unexpected Kenyan oil deal.
Be prepared for a total loss. Anticipate a fortune Expect everything especially a name change
Opt - As we supposed DL GR were moving on with very substantial things as now revealed by this news release about oil logistics which has precious litle to do with 'agriculture' but very much to do with long term high return growth. AAAP is really anything but focussed 100% on 'agriculture'.
We can expect a name change sometime. And perhaps moving $LG.V from TSX into it on the LSE main board is a possibility
DB101 couldn't agree more. The only thing worse for action than buying into a 5BN MCAP company is watching paint dry.
Buying into 10 low mcap stocks every year in your kids or grandkids ISAs could well mean even if you have to go to them cap in hand in your dotage (after you lost your nerve, shifted into Premium Bonds and ERNIE went on strike) they will remember your prescience years before which turned them into unemployable ISA-fuelled Hooray Henrys, gin-swilling wasters or dopey Sloanes and treat you to a Big Mac
TAX FREE investments are the only ones worth making.
DB101 "The fastest way to get growth for LGC capital is to get a London Listing and a very high PE reflectiing it’s growth potential.
The directors know this, it could well be the what they have lined up."
No better way now medicinal cannabis is becoming legal worldwide than turn (with minimal investment) this fast-growing cash crop into a cash cow, freeing the directors from having to depend on deals with the cesspool of City share trading & corporate financing, so they can leverage it and focus on building the AAAP 'shell' LSE company or another into a global conglomerate exploiting the vast untapped mineral resources of Africa, while developing agriculture on the way
Opt, speculating (as always)
After LenigasCuba moved from AIM to Toronto, then got clobbered by Trump closing down Cuba again, it transformed itself LGC Capital Ltd. But the Cuba legacy still sticks with US sanctions and restrictions on any firms which had Cuba dealings.
This does not fit well with the revamped LG.V entity with global cannabis ambitions. Toronto TSX like AIM is easily manipulated so a move back to the LSE mainboard makes double sense.
IF with an approx MCAP of £25M today LG.V 'became' AAAP (with MCAP of £1.5M) what will this added 'value' do to the share price of AAAP?
Opt - remember what I said way back in the early New Year on GR's 'guarded' thoughts on where AAAP could really flourish. Cannabis will be a cash flow to fund opening up a wilderness of wealth old Africa hands have always known is there, just never had the money (at realistic cost) to develop.
DL is walking the Tiny Roland's Lonrho footsteps
Opt The board saw the light (" note the recent share price fall and believe there is no reason in terms of the underlying business for this fall.") that malicious forces (which are numerous) on the various London exchanges tried a shake out which failed.
If you haven't seen this Simply WallSt report 29 Jan is interesting reading https://simplywall.st/stocks/gb/food-beverage-tobacco/lse-aaap/anglo-african-agriculture-shares/news/anglo-african-agriculture-plc-lonaaap-financial-strength-analysis/
"Forward statement from the interim report: Outlook This business is starting to see some traction, as we come out of the dismal position the company had found itself in over the past few years . . " Opt - this is (while not exactly on the same league as Boris Johnson's Channel bridge proposal) stunning and most encouraging news to put it mildly I believe AAAP has a better chance to see a 3x Mcap increase in 3mths than PREM As it is the Mcap is SO LOW as to be a severe disadvantage to get financing, which they seem to have managed just the same. In any event one thing will not change. Unfortunately there is a lot of very negative market sentiment about for any company where either George Roach or David Lenigas are involved. Neither has proposed anybody a rose garden. In exploration and mining it doesn't exist. Add those uncertainties to a predatory poisoned AIM market and disappointment and embitterment are par for the course.
Opt linking AAAP agribiz into the global cannabis plans that group have would turn this 'dog' into the golden fleece instantly! Have ticket to PREM meeting where I will try to get an inkling of AAAP future from GR In any event the meeting promises to be revelatory (and rowdy) for many reasons
Very interesting JB you've onviously had your ear tuned to this for years As you say the high tech knowledge is highly exportable. But if the product or extracts can't be legally exported that's one thing. But foreign pharma companies apparently don't want to 'deal' with the USA. Could be Trump and the uncertainties of his crazy administration makiing America great - but certainly not green Can't complain about LGC.V He can hype all he likes After being down 90% am now up 1000%. So if AAAP gets in the weed game from an Mcap of �1.3M what is a conservative expected return on the risk here?? DL once said he wanted to 'feed the world'. AAAP is the perfect start All this could vaporize. Like stepping up to a crap table you should always ready to lose everything
Hot off twitter right now this gives it to you in a nutshell the strategy. As we've ruminated before re how AAAP might fit into this in perhaps Zimbabwe, nothing to preclude that is showing But where the 1Mlbs oversupply of weed in California goes is something else. Can it be LEGALLY exported from the USA? Jeff Sessions US Attorney General is closing weed down. Getting export licences seem hard to imagine. This pot is going up in smoke in green energy power plants! And this weed is primarily NOT what medicinal pharma companies want so it might not be the 'risk' and dampener Joe is right to fear David Lenigas @DavidLenigas 27m 27 minutes ago LGC Capital has always had a deliberate strategy NOT to have business that relates to the USA�s cannabis sector. Our focus is to become the largest grower in the world and supply legal markets wherever they are.