African Potash Share Discussion Threads

[deltalo] 22/7/2016 11:19

Lots of buys over the last few days but no movement. We should see it move soon as the mms must be running low. Getting closer to full ask so next tick up will be 16%.

[datait] 13/7/2016 07:57

many will try to sell but wont get out. The buys will come in only to be dropped and the sells will make no money by that time.

[datait] 13/7/2016 07:56

watch as it come down with a hard landing

[handlebar123] 08/7/2016 10:37

Not so cleverley now

[billthebank] 05/7/2016 11:00

Have to admit exited from AFPO as was not impressed with some of the comments coming out from the company and seems unfair that Bergen should be allowed to acquire shares @ 3p. Watching closely and will buy in. Wonder when the next podcast is scheduled for. Was expecting great things here in the spring just gone and felt let down, I hope that we receive some positive news but at present I am out. Good luck pegasus as I know you have great confidence and I admire your positivity.

[datait] 04/7/2016 11:06

Doors slowly closing.

[pegasus59] 28/6/2016 10:13

And where is CUDOLOG importing the fertiliser from "Internationally"?

"Very sensitive" that deal I would imagine

[bigjames2] 28/6/2016 08:54

And then Belurus announce the lowest contract price ever negotiated?

[pokettens] 27/6/2016 18:29

That's a huge amount of shares that are going to get dumped.

[pegasus59] 27/6/2016 07:58

That's 7.16% out of the public hands.Holdings RNS this week

[bigjames2] 27/6/2016 07:54

27 June 2016
What a Smack to start the week off. Some serious dilution?
African Potash Limited ('African Potash' or the 'Company')
Issue and Allotment of Ordinary Shares following Exercise of Warrants

The Company hereby announces that it has received notice of exercise of warrants by Bergen Global Opportunity Fund, LP ("Bergen") to subscribe for 63,700,000 new ordinary shares at an exercise price of £0.003 ("New Ordinary Shares"). The New Ordinary Shares are to be admitted to trading on AIM with admission expected to take place on or around 29 June 2016. The New Ordinary Shares will rank pari passu in all respects with all existing ordinary shares in the Company.

The New Ordinary Shares are being issued pursuant to a warrant instrument between Bergen and the Company signed on 7 August 2014 which granted 3,900,000 warrants to Bergen (the "Warrant Instrument"). The warrants were issued to Bergen in connection with a convertible securities issuance deed (the "Deed") signed with Bergen on 7 August 2014 and as announced on 8 August 2014. In accordance with the terms of the Warrant Instrument, the exercise price of the warrants has been adjusted from £0.049 per share (being 140% of the average of the daily volume-weighted average price during the 15 trading days prior to the date of execution of the Deed) to £0.003 per share to reflect subsequent share issuances at £0.003 per share by the Company. As a result of the adjustment to the exercise price of the warrants, and in accordance with the terms of the Warrant Instrument, the number of new ordinary shares issued pursuant to the exercise of the warrants has increased proportionally to 63,700,000 from 3,900,000.

[nash81] 24/6/2016 11:37

wow, 3.5m buy!
payment to be received soon? back on 3p please...

[bigjames2] 24/6/2016 08:54

Down 33% day on day. Would be great to get a constructive update and not the emotional claptrap that comes from pegasus59.

[marvelman] 18/6/2016 13:13

That you cannot see the answer to that question is why you are a poor trader and a worse investor.I will leave you to discuss that with yourself as you have been for a very long time on this thread.