Member Info for optimist13

According to the #Horsehill Twitter feed, things are happening on the site and further news is expected very shortly. If Fastbase does list, Gunsynd receive a fee, if it doesn't, we have lost nothing.

It certainly seems poised for a run back up if some further contract news lands.

It is a typing error, as you well know...... exciting. Easy to do when English is not your first language.

Good job I didn't hold my breath .................... So, will they be released this week or next? Let's hope it is worth the wait.

DL wants to build another South African conglomerate, or so he has stated in the past. I don't think money comes into it as this is chicken feed fees for him, IMHO. If you take the three businesses, AfriAg Global,, AfriAg (Pty) Ltd and AAAP, they all offer synergies to one another and a combined operation would see considerable scale-ability and cost savings. AAAP have recently stated they expect to make an acquisition announcement, and I just hope it involves AfriAG. "The Board continues to look for acquisitions, which may add significant value to the Company. The Board are hopeful to be able to announce progress in this regard in due course." https://investegate.co.uk/anglo-african-ag-plc--aaap-/prn/statement-re-share-price-move

Hi John, it wont matter if we merge with AAAP. I keep looking at the pros and cons of a potential deal, and I can only see upside for all the parties involved. Especially as DL seems to be the key player on all three Boards.

My goodness.....DL is actually promoting AfriAg again.....he must of looked at the share price and the lack of trades..lol Results must be imminent

mufcm, I have only just seen your reply from Rasmus on the IPO, interesting comments! Looks like all systems go for the prospectus end of next week and listing early June.

Kenny, they haven't been paid, their fees have been accrued in the accounts.

Kenny, the investments were sold to fund the development of other parts of the business. I am as frustrated as anyone on here, but I still believe that AfriAg has great potential and will do very well. I may have to reconsider this if the results do not show considerable growth in revenues and profits, but at least we will know very soon.

Kenny, DL has stated the business is performing well. The final results are imminent and will be released before the end of May at the latest. It is very frustrating, but DL has committed to moving off NEX if it didn't work. A look at the trades for this year is all the proof you need as well as the catastrophic drop in the share price. Let's see what he has to say....

Forgot to add that Gunsynd also sold a chunk of UOG shares at a 100% profit as well.

sam2rob, I think you forgot to add that Gunsynd sold most of their holdings in ALBA and ZEN at a significant profit and pretty much on the recent highs. They only retain a very small investment now as I am sure you are already aware.

I have the non-holding deramper's on filter now....peace at last. BN, is the Fastbase Prospectus still due for release in 7 working days.

There have been four investments in Oyster at different terms and prices. Gunsynd's investment in the company is relatively small compared to the significant funding from other investors. Whilst the IPO has been delayed, it will happen and Gunsynd will see a significant return on its investment.

Terms of the investment: Gunsynd is investing CAD 200,000 (approximately �125,000) at a price of CAD 0.20 (compared with closing price of 0.24 on 11 January) for 1,000,000 shares in Oyster. The Company will also receive a warrant over an equivalent number of shares at a strike price of CAD 0.27 exercisable up to 20 January 2018.

SlowRoll, try doing some research first before making comments like that: Gunsynd Plc (AIM: GUN, NEX: GUN) is pleased to announce that it has entered into a subscription agreement with Oyster Oil & Gas ("Oyster"), a junior oil and gas E&P company quoted on the Toronto Venture Exchange in Canada to invest an additional CAD408,050 (approximately �250,000) on the following terms: � Oyster has issued Gunsynd a convertible loan debenture for a principal amount of CAD408,050 (approximately �250,000) (the "Loan"); � The Loan will accrue interest at 10% per annum; � The Loan is convertible at the Company's option at the lesser of CAD0.50 per Oyster common share (an "Oyster Share") or a 20% discount to the first offering price of Oyster's Shares on AIM, subject to compliance with the TSX-V minimum discount policies, or is repayable either one year from issue or five days following the admission of Oyster's Shares to trading on AIM;

This from the half year results for AfriAg SA(AfriAG(Pty) Ltd): AfriAg (Pty) Ltd: (40% owned by the Company) In addition, the Company is pleased to report that the specialist global agri-logistics group AfriAg (Pty) Ltd (�AfriAg�), in which the Company has a 40% equity shareholding, continues to generate stable revenues and profits comparable to the same period last year.

************ not sure what happened there. Meant to say 'merger of the businesses'.

Been thinking a bit more about the benefits of a merger with AAAP and also our 40% shareholding in AfriAg SA. I am sure most people are aware that DL is also a director of that company. At the moment, AfriAg Global do not account for their revenues because they do not have a controlling interest - 51%. I could see a scenario where AAAP and AfriAg Global merge and PDR gives up an 11% stake in AfriAg SA for a stake in AAAP. Overnight, the enlarged group would see a dramatic increase in revenues. In 2016, AfriAg SA had revenues of �11m. All conjecture at the moment, but DL has talked about building a large South African based business, and a big step could be achieved quite easily on a ************** basis. All three companies should now be cash flow positive, and I am sure revenues could be enhanced and costs reduced by combining the businesses. Food for thought as they say....