African Potash Share Discussion Threads

[bigjames2] 24/4/2017 09:32

Amazing how it continues

[blomers] 21/4/2017 19:50

Not sure if anyone reads this any more, but there's an intriguing news item on the NEX Exchange site:



*AFRICAN POTASH LIMITED*
('African Potash' or the 'Company')

*Temporary Suspension*

African Potash announces that, on 11 April 2017, the Company signed a Letter
of Intent ('LOI') in connection with the proposed acquisition by the Company
of Onshore Energy Limited ('OEL'), a private investment company that invests
in unquoted companies (the 'Acquisition').

If completed, the Acquisition would constitute a Reverse Takeover under the
NEX Exchange Growth Market Rules for Issuers, requiring, amongst other
things, approval by the Company's shareholders. The Acquisition would also
constitute a related party transaction as Chris Cleverly, Executive
Chairman, of the Company is also a director and shareholder of OEL.

In order to progress the Acquisition and provide African Potash with working
capital required to maintain its existing operations, the Company is
required to raise additional funds. These funds are material in the context
of the Company and its current financial position.

Accordingly, African Potash has requested that trading in the Company's
shares be suspended pending a further announcement. Such an announcement
will be made as soon as practicable.

[cezary2] 02/2/2017 15:38

This aint going nowhere.
Still drought conditions in Africa.
In western cape the dams are near enough empty.
Drinking water maybe another 2 weeks left!

[dudishes] 05/1/2017 14:42

Maybe a UK G'ment fund to help Zimbabwe etc....somehow doubt it! Some of us remember folks losing their farms, everything, and providing temp accom in UK. Good Lord!

Tried to short it at 2.5pish, no takers, hardly surprising.

Well done Tom, stick it to Cleverley wherever you can!

[sweet karolina] 04/1/2017 12:06

Possibly worth a try but these things take years to get anywhere.

[the bull] 01/1/2017 01:12

The Lord on the board resigning I guess would be the next step

[apfindley] 30/12/2016 16:34

Oh dear, and as I mentioned name Mo the ago, this loan facility from the 'financial directors wife' is very worrying for shareholders, as it's mounting up.At some point, Could she (they) call it in and take the company from you.??Pretty poor going that they slotted these two very poor updates into the very last day of the year, and also did it out of hours......Cleverly trying to hide it from the markets eyes.(see what I did there, lol).

[apfindley] 30/12/2016 16:27

Ouch thats a shiiite update.Heavy losses.Lower than expected revenue.2.6 mill of liabilities still.Cash was 0.3mill in June.And now they've had to cancel some agreements as they weren't viable.Also having to try and seek farm in partners... Clearly showing afpo cannot go it alone as they are desperate for cash.Great big steaming pile of poo .

[the bull] 08/12/2016 17:47

Europe will be bust itself soon so don't need to worry about good old GB

[danielmiller1] 08/12/2016 13:11

I know it, you know it, many others know it, then why the fkuck is he sitting in the Lords?


Sad state of UK politics one reason why I am out. Next stage Paris takes over London and it's all done. Britain's death wish complete

[danielmiller1] 08/12/2016 12:19

Good morning, good new just before breakfast, look back guys I did warn you about this one especially when Hain got involved. That was a sad day for the market and an even sadder one for the UK when he took his peership.

[12bn] 08/12/2016 07:48

Oh dear,there goes Dataits investment.///////AIM Suspension - African Potash Limited

08/12/2016 7:30am
UK Regulatory (RNS & others)

African Potash (LSE:AFPO)
Intraday Stock Chart
Today : Thursday 8 December 2016

Click Here for more African Potash Charts.
TIDMAFPO

RNS Number : 2415R

AIM

08 December 2016

NOTICE

08/12/2016 7:30am

TEMPORARY SUSPENSION OF TRADING ON AIM

AFRICAN POTASH LIMITED

Trading on AIM for the under-mentioned securities has been temporarily suspended from 08/12/2016 7:30am, pursuant to AIM Rule 1.

ORDINARY SHARES OF NO PAR VALUE EACH (B4QYTJ5)( GG00B4QYTJ50)

If you have any queries relating to the above, please contact London Stock Exchange on

[phone].

This information is provided by RNS

The company news service from the London Stock Exchange

END

[the bull] 07/12/2016 21:33

I wonder what Peter Haine thinks of this shower

[apfindley] 07/12/2016 18:03

Oh and look there's your rns.Should've listened.Who bought in today??Sneaky way of delisting and taking the company private.And who will own MOST of this company afterwards? Who is the main creditor who is owed money for the loan they gave the company?She will take the lot.Sad day for investors.

[sweet karolina] 07/12/2016 16:42

No doubt some pump and dump merchants have made a few quid out of the final day of trading on AIM those that piled in to take the gamble will realise their mistake eventually, but will they ever learn.

[apfindley] 07/12/2016 13:53

False rise.Nomad not found.Time for the graveyard.

[bckttsim] 07/12/2016 13:04

65% up on ISDX , things to come ?

[aidenabettin] 07/12/2016 12:25

WHAT HAVE MKA FOUND IN MALAWI

[duxy786] 07/12/2016 12:19

Looks like a last minute replacement Nomad based on the jump of over 50% from -40 in the red

[tmmalik] 07/12/2016 12:00

Rns on the way?

[marvelman] 07/12/2016 11:10

Sickening to see the losses Cleverly has caused genuine investors and as we know not for the first time. Whilst we all recognise AIM has its risks it should not be so easily available to people like Cleverly. He is either a crook knowing full well what he was doing here or an incompetent who should never have been running the company in the first place....I made my mind up a while back.