Anglo African Agriculture Share Discussion Threads

[bigpecs] 01/8/2022 18:44

Ok let's try again maybe now it's waking up lol and the same again tmrw would be nice GLA

[bigpecs] 02/3/2022 11:45

Maybe news on the cards and this beast will wake up ... GLA

[livewireplus] 02/3/2022 10:50

Somethong stirring? .... Someone purchased GBP 9.5k worth this morning ....

[tomboyb] 16/11/2020 12:56

NT at 7.5p -

Tried but missed -

[edcrane] 03/7/2020 07:45

Should give a boost to to sentiment towards AAAP and its Comarco deal as everything required to build this project has to come in via the sea

Japan Inc. to invest $14bn in LNG development in Africa
Government and businesses team up for Mozambique project


An illustrated image of the LNG project in Mozambique in which Mitsui & Co. and other partners will invest $14 billion. (Photo: courtesy of Anadarko Petroleum) © Anadarko Petroleum
Nikkei staff writers
July 2, 2020 18:07 JST
TOKYO -- The Japanese government and business sector will join hands on a joint financing deal totaling 1.5 trillion yen ($14.4 billion) for the development of liquefied natural gas in the African country of Mozambique, Nikkei has learned.

Under the deal, a syndicate of lenders including the Japan Bank for International Cooperation and the nation's top-three private sector banks will provide the loans, while Nippon Export and Investment Insurance will handle default risk.

The consortium believes that the deal presents an opportunity to secure stable production of LNG over the long term and diversify sources for Japan's LNG supply.

The arrangement calls for JBIC to lend $3 billion, while the remaining amount will be shared among the African Development Bank and Japanese private-sector banks, including MUFG Bank, Mizuho Bank, Sumitomo Mitsui Banking and Sumitomo Mitsui Trust Bank.

Loans provided by the private banks will be insured by NEXI, a Japanese government-affiliated insurer.

The deal is expected to be one of the largest ever overseas investments in Africa. Japanese general trader Mitsui & Co. and Japan Oil, Gas and Metals National Corp., or Jogmec, will invest a 20% share in the gas field to be developed in Mozambique.

Plans are for the gas field to start producing 12 million tons of LNG in 2024, of which about 30% will be supplied to Jera, a joint venture equally owned by Tokyo Electric Power Co. Holdings and Chubu Electric Power, as well as to Tokyo Gas and Tohoku Electric Power.

As deposits in the field are estimated to total over 10 times Japan's annual LNG imports, the companies expect it to produce a stable supply of the resource over many years.


hxxps://asia.nikkei.com/Business/Energy/Japan-Inc.-to-invest-14bn-in-LNG-development-in-Africa

[pr100] 02/4/2020 07:18

The extended deadline of March 31 for inking the amended RTO with Comarco has passed without a word from either side. Presumably Lenigas is frantically working out a way to spin yet another debacle.

[pr100] 25/3/2020 12:07

So the reverse takeover of Camarco didn't go through due to lack of investor appetite in adverse market conditions - plus distrust of the pied piper. A restructured agreement whereby investors buy directly into Camarco instead of giving Lenigas more cash to waste is being investigated but the deadline is only 5 days away and the markets are obviously worse now. So it looks like yet another Lenigas busted flush.

Meanwhile, perpetually loss-making AAAP hasn't raised any cash since October 30 when they reported only £5k left in the bank. What are they surviving on? Are they diverting some of the cash raised for the Camarco loan into their own account? Or are they just insolvent and saying nowt?

Where's @dianecarberry - she used to try to save your skin but must have got bored with the rampers. Whatever nonsense AAAP spouts in the next week, don't swallow it. This outfit is dead in the water.

[verulamium] 15/7/2019 09:11

According to Twitter, it's

Mike Joseph
@benchpressmike

Star of The Bench Press King Sky Programme, 10x British, Euro & World Champion, holder of numerous World Records. Successful Entrepreneur & investor

So at least if there's any sign of current AAAP investors losing out from the deal, we've got muscle on our side!

[5oletrader] 15/7/2019 08:29

Holdings RNS - Someone has taken 28.09% of the Company

Michael Joseph? This guy?:

Chairman of North Edge Capital
Michael brought his wealth of private equity knowledge to NorthEdge in 2010 when he joined as Chairman. He has played a key role in the fundraising processes and plays a lead role in ongoing Investor Relations.

After rising through the ranks at LDC, Michael was appointed Chief Executive in 1996 subsequently becoming Chairman in 2003. Michael then became Managing Director of structured finance for Lloyds Banking Group, retaining his LDC responsibilities before running the mezzanine finance unit at DE Shaw from 2007-2010.


Who's North Edge Capital?:

NorthEdge manages over £650m of private equity funds aimed at lower-mid market buy-out and development capital transactions.

[fission453] 12/7/2019 09:34

Now wait for all the buys to come in.

Lovely jubbly!

[fission453] 11/7/2019 12:06

Please don't buy until I've topped up!

[zen12] 09/7/2019 09:14

Have no quotes for 10-15min and there you are people panic selling. These will get hoovered up very quickly..

[zen12] 09/7/2019 09:10

MMs have taken this offline, must be short! So they want some to panic sell and then they'll take this up..my gut feeling gla

[zen12] 09/7/2019 08:43

Think you may have this wrong, this is massive news and it's based on the factual rns, and no hearsay rumour!

[cudmore] 09/7/2019 08:33

Careful of the spike. Usual rampers onto this over on Twitter. They’ll be out by lunchtime.

[zen12] 09/7/2019 08:10

Great RNS, 2xcontracts already in the bag on port designation. Next RTO?

[soultrading] 16/5/2019 16:06

someone loading up?

[soultrading] 13/5/2019 13:43

Anyone think it might finally be time for some price action here.

[soultrading] 13/5/2019 13:06

hxxps://www.anadarko.com/News/Flash-Feed/Mozambique-LNG-Update-2/

[5oletrader] 30/4/2019 13:21

Please do explain... I'm all ears

[hermanngoring] 30/4/2019 13:15

This company is a scam