Member Info for optimist13

John, AAAP is Main Market listed and I believe we will ultimately see a RTO there. However, as I keep saying, I can also see AfriAg Global and AfriAg(Pty)Ltd becoming part of an enlarged Group.

Busy on NEX at the moment:

30/08/2018 14:44 7,462,656 0.032
30/08/2018 14:42 5,600,000 0.033
30/08/2018 14:39 10,000,000 0.033

New investors should have a good read of the half year report released last month. both trading divisions are now trading profitably and the company's balance sheet is now clean and ready for an RTO.

Twitter:

#UKOG #HORSEHILL Directors on site today. News soon imo.

https://twitter.com/Adrianwfire/status/1035161381149057024

You never know, they may be announcing commercial quantities of oil and gas very soon.

cont:

"A special committee has been set up by the Government to resolve these issues and in the meantime
pending this resolution the Government has confirmed that Oyster interests are held “in good standing”. The
Company is coordinating closely with the Government and both parties are working in good faith to enable
the Company to complete exploration program on the property."

From the quarterly report. Possibly explains the delay in the IPO process:

"Republic of Madagascar
The Company holds 100% working interest in Block 1101 in Madagascar. On October 24, 2013, the
Company acquired a 10% working interest in Block 1101 located onshore in the northwestern part of the
Republic of Madagascar. On June 2, 2016 the remaining 90% working interest in the assets and
operatorship was transferred to the Company. The Company has been granted an extension to the current
exploration period to July 2019. In accordance with the agreement, the Company paid various defined
exploration license fees of US$320,000. Furthermore, the Company agreed to keep the existing
US$100,000 (CAD$128,880) bank guarantee in place and issue a parent company guarantee of
US$1,900,000. . The bank guarantee is restricted cash on deposit with a bank and the parent company
guarantee is to be a written guarantee by the parent Oyster Oil and Gas Ltd. These guarantees are to
remain in place until the end of the current exploration phase. However, the approved work programme has
been delayed pending certain government permitting issues and as a consequence, operations are
suspended at this time. The government is seeking to resolve these issues and thus enable the Company
re-commence its planned activities. "

50m shares traded on both exchanges today so far. Just wait until people do some proper research and see what the potential is here.

That's not very nice.....

Good post from DShox on the AAAP board. Think it has a lot of relevance for AfriAg:

Thanks. In terms of finance, Comarco's subsidiary Touchwood will need access to competitive funding for the LPG facility, which are very much in demand now as they are quick to build and solve a nation's energy needs economically. See below from RNS:
- - - - - -
Touchwood’s major asset is a 4.75-acre strip of land at the Comarco port in Mombasa, Kenya, which a recognised global real estate consultant has recently valued at US$12 million. Amongst Comarco’s existing client base of Marubeni, Halliburton and ENI, amongst others, Touchwood has recently signed an agreement with a large international trading and transportation group focused on liquefied petroleum gas (“LPG”), whereby an LPG import and distribution facility will be constructed on the Touchwood property.
- - - - - - -
Note also reference to the total land package held by Comarco and the multipurpose use of the port, which will basically allow AAAP to export its agriproducts out of the port.
- - - - - - -

Including the Touchwood property, Comarco has a total 16 acres at its privately held Mombasa port facility, where it carries out its current port and marine logistics business (which the new LPG facility only adds to). Comarco’s port is a gateway to East and Southern Africa, assisting with a diverse range of commodities ranging from, amongst others, iron ore to agricultural products, and is well placed to take advantage of the upswing in the region, particularly regarding oil and gas logistics.
- - - - - -

Finally, DL has a passion for cannabis and I expect the story of this port and this first deal is going to develop. We could be seeing the beginnings of multiple integrations into AAAP.

DShox, great post. Do you mind if I post in on the AfriAg board as I think it has a lot of relevance.

Good point. I will wait until the half year report is released to see what they say about the PR angle. If nothing mentioned I will drop them a line.

Patience required. I am sure it will come. This has been years in the making and I believe the value of the licences is an awful lot more than Oyster's current share price.

could be perfect timing for a change:

Gyrometric Systems
‏

@GyrometricS
57s58 seconds ago
More
Gyrometric Systems are launching a new digitisation product at the SMM Ship Technology exhibition in Hamburg- 4th - 7th September.
The new product monitors the alignment of the ship's drive, and sends out a warning if preset limits are exceeded.

Quarterly report out. Minimal cash outlay and significant reduction in outgoings. Marking time until approvals given I would think.

http://quote.morningstar.com/stock-filing/Quarterly-Report/2018/6/30/t.aspx?t=XTSX:OY&ft=&d=a5135d8df444a9013d6d46059257b355

Delayed buys going through I see. A 782k buy delayed by an hour. naughty MM's.

Yes, and I feel sure AfriAg's turn will come soon.

Still believe we will become part of a much larger group with AAAP being the vehicle as it is main market listed.

Next couple of weeks should see the AGM and GM signed off, closely followed by news of our first medical cannabis investment.

Just topped up in anticipation of very good news in the next couple of weeks. Interestingly the first 200k showed as a buy and the second 200k showed as a sell.

MadChatter - good point. People need to do some research and look at who the directors are and their skill and knowledge base.

The directors own 34% of the company and most have paid higher prices for their shares, some a lot higher.

DL intends to use this company to build a powerful trading and logistics group. Look at his other interests in the region. He is a director, and I would say has the control of AfriAg Global and AfriAg(Pty)Ltd. Between them they have revenues of circa £18m per annum.

Add to that LGC Capital who want to expand their medical cannabis interest in Africa and their partner is AfriAg and you can see the future potential and opportunities.

This is a main market listed company....they should be....their loss

Most going through on NEX so far:

Latest Trades
Date & Time Volume Price
30/08/2018 08:18 400,000 0.573
30/08/2018 08:17 100,000 0.547
30/08/2018 08:17 200,000 0.547
30/08/2018 08:04 187,617 0.533
30/08/2018 08:00 190,529 0.516