Member Info for notrac

This is a good message before the AGM to be held later this morning.

Why Kurdistan?

B2H S2L and Zwartkops Many thanks for allaying my concerns. My nervousness is due to my experience with some other shares, particularly in oil and gas: frequent dilution from issues of warrants, conversion of loans etc. I have been holding this stock for around nine months and am here for the long term. As you infer there is a recent uptrend o but I wonder who is doing the buying. There is still limited Private Investor interest as we can see from the few messages on this BB.

B2H S2L Many thanks for digging this out. The Directors have the authority to issue up to 33% and this is being renewed. On another topic, the corporate website advises that in Belgium and the Netherlands they are out of stock on Blue Diamond until the summer!

The AGM is on June 14th but has anyone seen what resolutions are being proposed? I am concerned that shareholders are being set up for a possible dilution exercise.

Last year there was an update at the end of April on eight months trading to the end of March 2016. The company or their advisers should be requested to provide an explanation.

Set for June 14th. Looks as though there will be some news before then.

It is one of the worst performers in my portfolio but I'm inclined to hang on. Brokers seems to rate the stock a buy with a target price over 100p!

Now rectified.

Holders with HL are precluded from selling because their accounts have not been credited with the revised holdings. Price increase due to split and the arrival of Macron. It's a quality company.

Today''s release relates to 2017 whereas Friday's forthcoming RNS will concentrate on 2016 year-end numbers which are old news. Will probably have to wait for AGM (June) and half year trading update (July) for positive news re 2017.

Finally the report on KPMG's work has been made public. I expected worse.

Agreed. Algy has always been a canny operator. The market cap is below £10m so there's plenty of potential.

Positive news but still awaiting farm out.

The important point is that the momentum from the end of last year is continuing, although I am confused by the lower volumes. The year-end results in my view are no longer relevant.

As has been pointed out, the deal needs to be approved by the Cameroon Government. This could be an obstacle.

The share price seems to be stuck in a rut despite all the positive noises.

The trading update in January did not include a publication date for the results. Last year they were published on April 12th.