Firering Strategic Minerals: From explorer to producer. Watch the video here.
In recent phone interview with George Roach primarily about #PREM Premier African Mineralshe is particularly upbeat about the future for Zimbabwe and as I said before I believe given his inside line in that country and its desperate need to revitalise agriculture #AAAP will blast out of the blocks to startle the market. https://youtu.be/vbr1hdcOd_o Given his shareholding in AAAP he has every interest to exploit the amazing advantage he has being already on the ground in that country and with David Lenigas at the wheel when it moves it will be pedal to the metal.
Good enough for Edith Piaf but Christmas now come and gone and still 'niente' on the AAAP news channel so New Year will bring what it brings
Opt - Asleep at the wheel again, it completly slipped my mind that the KEY link to AAAP & Zimbabwe is already on the AAAP board - George Greville Roach (67), Non-Executive Director George Roach is an experienced, senior business leader and entrepreneur who has spent his career in the resources sector mainly in Sub-Saharan Africa. He is, inter alia, currently Chief Executive Office of Premier African Minerals Inc., PREM African resources group of companies. PREM mining is already heavily involved in Zimbabwe through this transition period from Mugabe so he has the ear of the new movers & shakers. David Lenigas (with Lonhro behind him) is another old Africa hand. The board of AAAP is uniquely well qualified to know what's going on there this minute. And has the proven capacity to deliver results - whether in mining or agriculture. AAAP is the perfect vehicle to do traditional agribusiness. And with a technical horticultural tie in with AfriAg to develop cannabis in Zimbabwe I believe these share are looking at exponential growth in the short term, never mind over a few years
Opt - Clearly the hoi polloi will be the last to know future plans for AAAP
Opt - On LSE page & Google finance trades either not shown or very late or buys as sells none of which inspires confidence in the trading platform and the shares remain on the backwater. News bound to come after DL's RSA trip. But how this moves AAAP on from spice trader to get into the lucrative medicinal cannabis play as well remains to be seen
Optimist13 - Tks for pointing out a most embarassing error! Yes they were at AfriAg HQ Am already laughing all the way to the bank with LG.v cannabis connections and like you I hope we see some expansion of AAAP into cannabis production throughout Africa. Especially Zimbabwe where they are falling over themselves to get agriculture back on track after decades of being disemboweled by that megalomaniac dotard Mugabe and his crooked crew of kleptocrats. With Mcap of only £1.3M if growth of AAAP is anything like UKOG it will be a dizzy rollercoaster well worth the ride.
Pix this morning on twitter show DL & JM of $LG.v Toronto at AAAP HQ in Joburg where 78 trucks are working 24/7 on the spice/food biz with #cannabis farming expansion in RSA & Africa big on the agenda An optimist could expect exponential share price growth, no?
djmsecurity Your logic of TYM & SRES Possehl perlite possolan (and yes medicinal cannabis production) is inescapable. Comfortable retirements will be built on the strength of Tertiary Minerals AIM plays but dynasties founded on TYM and Sunrise Resources on the longer term 'Fundamentals' are much stronger with these companies into insustrial minerals than anything Pilbara conglomerate gold prospectors or Weald Basin oil drillers have to offer
Notice given to shareholders that liquidation transaction should take place in Bermuda today 17th Sept on terms already announced
That''s it. A court in Bermuda will decide what 'value' if any is returned to shareholders
Yes Sellonnews knowing if cheaper to pay for a license or gamble on the cost of original research to find a workaround is the big question for any manufacturer. And possibly why engine makers like Caterpillar, Cummins Mercedes Renault etc haven't bought CAP out before. The patent details are there for all to see, no secret. Maybe they figure they can get the same performance increase another way cheaper. As for seeing shareholder interests and value preserved tossing your nearest coin will give you the answer
Sellonnews: many thanks for the link to patent. Published 2006 - a lot of water and hopes have gone under the bridge and you have yo ask yourself where the share price would be today if James Dyson or Alan Sugar had been running the company since then ublication number EP1234966 B1 Publication type Grant Application number EP20020004037 Publication date Apr 26, 2006 Filing date Feb 22, 2002 Priority date Feb 23, 2001 Also published as DE60210846D1, 7 More » Inventors Niels J. Beck, Kresimir Gebert, Hoi-Ching Wong Applicant Clean Air Power, Inc.
Remember way back when some bright bushy tailed analyst suggested a 'target price' of 25p.. There had to be some reasons far beyond the company (at that time) having teething problems with the units and NOT having US EPA certification to arrive that figure, short of throwing darts. It was, and still is the 'value' of the IP rights in patents the exploitation of which have global commercial implications - and serious need to reduce diesel consumption and particulate pollution in the Western world. Reduce US imports of foreign oil and give Europe a small resource independence with shale gas. Irregardless of the manipulated price of oil all these factors are now far more important and pressing. The speculative trading of the last week is churn, not major shareholders dumping apparently worthless shares. Shareholders have expressed grave concerns about why rights issues haven't been explored. KPMG with all gravitas tells us it has 'exhausted' funding options. And despite the company HAVING SUCCEEDED to achieve EPA certification and set up US distribution contracts the CEO words still haunt us as CAP is still unable to 'continue as a going concern'. Conspiracy theorists will be tempted to think that there has been a long term plan to separate shareholders from the IP rights for a penny in the Pound. If that ever occurs the regulators must be immediately called in to investigate any malfaisance, And the guilty barred from custodianship of a public company for life.
Bckttsim - Yes CAP have lots of patents many of which can't be circumvented. And can be used to block development of rival systems using a particular design. All of which adds a VERY important strategic commercial value to CAP, something which the government is (as usual) totally blind to. If the Russians or Chinese buy up CAP, all these patents can and will be used against Western interests to change the transport industry over to LPG/diesel powered engines. Or pay a premium to buy the converters. There are two reasons T Boone Pickens (Clean Energy Corp) is the perfect buyer: to stop acquisition of the patents by a 'foreign' power. And he needs CAP more than CAP needs him! To sell more natural gas through the nationwide distribution network he's investing hundreds of millions in, truckers need dual fuel units installed in existing fleets or new buys. The cheaper dual fuel units are the more are installed, the more natgas he sells. Simple. He buys CAP, fires most everybody and mass produces the units. A Bermuda based company will fit in perfectly to a corporate structure he's run for decades which has taken over ten time more companies than you've had Christmas dinners. If CAP management didn't realise they were incapable of moving the company into the big league the major shareholders should have at least A YEAR AGO and gone to Pickens proposing a strategic partnership while there was still some real value on the table. Not a fire sale.
This is what CAP has been waiting for and the share price being driven down to 1p before it was granted was a gift from heaven for believers http://www.lse.co.uk/share-regulatory-news.asp?shareprice=CAP&ArticleCode=djy1l772&ArticleHeadline=US_DualFuel_Product_Achieves_EPA_Certification
Ambramovich's interest in CAP is much more to do with his trucking/ haulage business in Russia and Vladimir Putin's aim to gradually move Russian trucks off diesel fuel and on to cheap abundant natural gas. CAP technology can be a key to do this if EU embargoes permit CAP to license it to Russian engine & truck builders.
Mirror image of you dov613, in for the long haul come what may. I look on last 4 years as a truly unexpected Godsend allowing me to accumulate both intermediate trading profits, but above all else, five times as many shares as I would have invested in at the prices then. So when we see the true value reflected in the share price I will be like Liberace (candelabra and all)
Nobody can criticize you for using 'conventional logic' on AIM. But CAP hardliners are in for the long haul, through inevitable profit taking, top slicing whatever. Hearing sad tales of waiting to buy in when the share has fallen to below 0.50p. THAT also is conventional wisdom. Despite the recent price collapse there are penny-ante traders who will make good money now at their game, long-term believers with up to 10's of thousands on the line. But the majority stakes are 'large' shareholders who are waiting for payday which starts at >25p a share. THAT is the kind of price the hardliners will start to seriously cash out at
1>2p as certain as day follows night! If anybody wants to test the 'real market', try buying 5 million shares and see what you have to pay for them. THAT price will be the real market. What we have here and have had all the way down to 1p is penny-ante AIM turnover as the serious money is not moving out (especially at a loss) when the real payday is creeping onto the horizon when the technical intellectual property that forms the true value of CAP becomes reality on the world's roads
Brokers Panmure Gordon just released reaffirmed recommended 'hold' on CAP with a target of 5p. Encouraging, but not particularly reassuring as 25p was a 'target' many still remember from heady days when the stock was 16p. Wonder where the analyst is now who touted 25p? 5p would be a good start. But for the 'amateurs' (in the true sense of the word) and 'cognoscenti' who have been patiently buying in as the price fell and now hold far more shares in their ISAs than they ever would have at 10p+, hitting 25p (or more if there's a takeover) will mean instant retirement. . .!