Member Info for optimist13

With AAAP having a main market listing, we could well see plenty more activity going forward. Today's announcement is just the start.

Going through on NEX this morning:

30/08/2018 08:04 187,617 0.533
30/08/2018 08:00 190,529 0.516

David Lenigas
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@DavidLenigas
32m32 minutes ago
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#surprise! I love oil logistics ports. They are very big business. This deal has taken forever to get to this announcement for AAAP:LN. A lot of hard work gone in to this deal happening. Ports are great long term big business. https://www.investegate.co.uk/anglo-african-ag-plc--aaap-/prn/strategic-update/20180830070000PBFE5/ …


This deal has taken a very very long time to put together. AAAP:LN at 0.5p - For how long??? I think people will start to take note after this news release. Ports that specialise in oil logistics in Africa and elsewhere are very big long term businesses. This https://www.investegate.co.uk/anglo-african-ag-plc--aaap-/prn/strategic-update/20180830070000PBFE5/ …

Yes, excellent news. link attached:

https://investegate.co.uk/anglo-african-ag-plc--aaap-/prn/strategic-update/20180830070000PBFE5/

David Lenigas, Chairman, commented;

“It has taken time to find an opportunity that opens up possibilities for AAA to really grow and bring rewards to shareholders. The board felt it was important to seek an opportunity where AAA could add real value and create an investment opportunity of size and substance. I genuinely believe this loan, and the work to be done afterwards with Comarco, will bring exciting future opportunities and returns to the Company. Ports are long term growth assets and this port is of considerable strategic importance to East Africa as well as the major oil and gas companies as they develop their substantial new off-shore discoveries from Kenya all the way down to Mozambique.”

Lotto, only just managed to read through your post and links from last night. Thanks for posting. Makes for very good reading.

Pretty much all buys today. I suspect the interim report will be released early September to get the good news out. Seems a pretty safe bet buying at the current levels IMHO.

DL reckons Africa could be the bread-basket to the world. Endless opportunities to develop the business going forward.

You need to read the RNS relating to the Fastbase agreement again. Gunsynd entered the agreement in 'good faith' and as far as I can see, there is zero proof that there is anything unto wards apart from the writings of a competitor to them.

There is zero financial cost to Gunsynd whether the Fastbase goes ahead or not and I seriously doubt investors would be selling for that reason, but who knows, as we are all just guessing at the moment.

UKOG holding onto the gains with some chunky buys going through....

Spreadex only had 142m shares back in July 2017, so I doubt it is them either.

Could the administrators for Beaufort Securities be selling shares? I doubt it, but there certainly appears to be concerted selling by someone with a block of shares.

Anyway, with the positive outlook for Human Brands, Sunshine Minerals, BTHL, UOG, ALBA and UKOG, I am sticking with my investment here.

I also still expect good news eventually from Oyster and a fee from Fastbase.

I doubt it is Neil, he would have to issue a TR1 once he had sold 44m shares, as that would take him below 3%.

Looks like he or she has found a few more to sell...............

Other than Neil Scott and myself, there is no other PI with over 3%, at least declared that is. They can't have many left.

Our seller has his work cut out now....buys coming in and the bid is increasing ever so slowly.

From the last update:

"As previously stated, the Directors believe that the Company retains sufficient cash resources to fund the Company's operations beyond the end of this calendar year. This position subsequent to the Transaction remains unchanged.



Strat Aero's operating subsidiary, Geocurve, continues to be busy. Though the summer months are traditionally slow months for the construction and surveying industries, Geocurve has not experienced any slow down. The Company will report fully on business prospects when Interim figures are released in September."

Seeing that the company lost £1.1m in the first six months of last year, the results wills be materially better given the recent updates from the new BOD.

With the half year report due next month, I think we should hear some positive news both on the financial front and the forward statement.

It didn't take long to fill the two oil tankers this morning:

The fool on the hill
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@Adrianwfire
1m1 minute ago
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#UKOG #horsehill Two tankers leaving this morning VIVA UKOG!

https://twitter.com/Adrianwfire/status/1034715107841007616

Multiple tankers arriving this morning....now up 9.78%

https://twitter.com/WealdOilers/status/1034700238748049408

Twitter:

The fool on the hill
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@Adrianwfire
2m2 minutes ago
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#UKOG #horsehill tankers rolling this morning 29/8/2018