Member Info for Rigger

Still got room to move.

803! 9£ here we come!

774 to sell

790!

764p

Getting ready for another move up.

7% up

I think we will see a nice steady sustained rise either a bit of profit taking along the way. The company fundamentals are good so there no real reason that a takeover couldn't happen. There's no smoke without fire.

Here we go!

Growing dividends and takeover rumours! Doesn't get any better.

To sell

You can't go wrong here. By on rumour.

There should be or even a conversion to another type of share. It seems with these things that if an offer is put on the table the sp will quickly rise to meet it before the deal is done. You will have time yo well at a handsome profit whatever the outcome.

30% Coming!

£9 OFFER A SHARE COMING?

This will take off.

25 May 2012 Agriterra Ltd ('Agriterra' or 'the Company') Acknowledgment of £11,372,682 Compensation Award to Agriterra   Agriterra Ltd, the AIM listed pan African agricultural company, is pleased to announce that following its instigation of international arbitration proceedings, the Ministry of Petroleum and Mining of the Republic of South Sudan ('the MPM') has acknowledged in writing the Company's entitlement to receive a compensation payment, as assessed by the country's National Petroleum Commission ('NPC'), of £11,372,682 ('the Compensation').  In the same communication, the MPM acknowledged that compensation should have been paid much earlier and has confirmed that it will be paid to the Company within one year.   The Compensation is acknowledged as being partial recompense for the work undertaken and the substantial investment made by the Company on the Block Ba oil concession area in Southern Sudan, during its previous incarnation as White Nile Limited ('White Nile'), an oil and gas exploration company.  White Nile commenced exploration work on Block Ba in 2005 and continued exploratory activities prior to the NPC's decision to prohibit exploration work in the area, in June 2007.    Whilst this recent communication from the MPM is a positive development in the Company's efforts to achieve a resolution to this long running matter, and arises from the Board's initiation of international arbitration proceedings, the Company has now called for a meeting with the relevant authorities in the Republic of South Sudan in an effort to expedite payment of the Compensation. 

The Company also retains, as a legacy asset, a 20% interest in the South Omo block in Ethiopia, which London listed Tullow Oil plc ('Tullow') and Africa Oil Corp have farmed into the development of.  Initial results announced by Tullow following drilling in Block 10BB in Kenya, which houses the same petroleum system as South Omo, have been highly positive, increasing the prospectivity of the South Omo Block.  Should a discovery be made on the South Omo block, Agriterra's 20% interest could prove to be significant for the Company's shareholders and Agriterra looks forward to future announcements from Tullow regarding this concession.   Agriterra CEO Andrew Groves said, "Our legacy oil assets are continuing to look extremely promising, with the South Omo block prominent in Tullow and Africa Oil east African exploration plans.  An £11 million cash payment from the South Sudanese, represents approximately 30% of our current market capitalisation and further enhances our already strong balance sheet on a non dilutive basis."

BOOOOOOM!

READ THIS! http://www.investegate.co.uk/Article.aspx?id=201205250700120645E