Agriterra Ld Share Discussion Threads

[the count of monte_cristo] 30/8/2013 16:42

Your guess is as good as mine mate....I would imagine the company are doing everything they can to get these funds. Might just take a long time to work its self out!

[tday] 30/8/2013 15:51

CMC. Will the company ever get the money owed to it by the South Sudan government or has it gone into some politician's pocket?

[the count of monte_cristo] 29/8/2013 06:46

hxxp://africaoilcorp.mwnewsroom.com/press-releases/africa-oil-second-quarter-of-2013-financial-and-operating-results-tsx-venture-aoi-201308280895015001

•In July, the Company reported that the Sabisa-1 well on the South Omo Block in Ethiopia, the most northerly well drilled on the Tertiary rift trend to date, had confirmed a viable hydrocarbon system with oil and heavy gas shows. Based on the encouragement of the results, the decision was made to drill the Tultule-1 as the next well on the South Omo Block. This well is expected to spud around the end August.

[swooped] 28/8/2013 16:04

yes thanks Ged5 that explains a lot

[ged5] 28/8/2013 14:40

Hope this helps.

[swooped] 28/8/2013 13:54

CMC, thanks for your answer anyway, my sharescope is also not showing your buy however I note the live bid has just increased to 2.3p

[the count of monte_cristo] 28/8/2013 13:07

I dont know the answer to that one swooped. Unless anyone else can answer that perhaps worth asking St Brides. I purchased 100k this morning at 2.37p but the buy is not showing yet on the LSE.

[swooped] 28/8/2013 12:41

I asked the question earlier but no reply, can anyone tell me if this is traded elsewhere (other than aim) as it seems we get very few trades if any on a day, it seems the bid is continually stuck at 2.2p?

[the count of monte_cristo] 26/8/2013 20:31

Thanks guys

[opaldouglas] 26/8/2013 19:40

tenapen - ditto. don't post a great deal, long term hold for me.

Thanks for your contribution Count.

[tenapen] 26/8/2013 19:21

Good work The Count ....

I'm still holding but rarely post, good to read your imput, Thanks

RE- Corn price rise

hxxp://www.agrimoney.com/marketreport/massive-panic-buying-sends-corn-soybean-futures-soaring--2274.html

20:33 GMT, Monday, 26th Aug 2013, by Agrimoney.com
'Massive panic buying' sends corn, soybean futures soaring

Cont...

[the count of monte_cristo] 26/8/2013 17:35

Wow corn up almost 6% today to almost 500 usd/bu

[the count of monte_cristo] 26/8/2013 07:56

I have not heard anything back yet, while I wait I have completed a quick review of the maize business, the corn pricing environment is pretty positive and should hopefully be reflected in the bottom line of the DECA & Compagri division. In the June 2013 rns we were informed that the achieved average price of US$432.96 per tonne, which compares to the current price of CBOT Corn USd/bu. 488.00, so the current price is 56 US$ higher and 75 US$ higher than the 2012 price per bushel. Not saying the current prices will hold but the pricing environment does look positive and as I say hopefully will be reflected in the bottom line.


MC PEAT OCTOBER 2012 REPORT

Our assumptions and estimates for the grain business (P.63);

(i) We have assumed that the price achieved in selling the milled grain will be higher than last year's average of US$414/tonne (for FY'12). We have assumed a 3% increase in US$ terms to US$427/tonne for FY'13.

(iv) We have not assumed any change in the export position of the Zimbabwe market, ie we expect this market will remain closed. If this market did reopen then we would expect demand could increase by a further 5K tonnes pa, which could be sold for circa $440/tonne and improve profits by about $1.0m. This and harvest conditions would be the biggest factors affecting the profit outlook for the business over the next few years.

(viii) Because we have assumed a normal harvest in 2013, it follows that the demand for milled grain in FY'14 is likely to be lower than in FY'13. We have assumed demand falls by about 5% to 28.5K tonnes of milled grain. We have also assumed that prices fall by about 4% to $409/tonne. Thereafter we have assumed flat demand and price increases in US$ terms of about 4% pa.

CURRENT CORN/MAIZE PRICES



CBOT Corn USd/bu. 488.00



JUNE 11TH RNS OPERATIONS UPDATE

- Positive pricing environment for maize meal - achieved average price of US$432.96 per tonne (2012: US$413.80)

[swooped] 23/8/2013 15:53

Can anyone tell me if this is traded elsewhere (other than aim) my sharescope only shows 2 trades today, surely that's no right?

[flashheart] 23/8/2013 14:33

Would be good to meat the bod at some stage....maybe at an agm.

[the count of monte_cristo] 23/8/2013 08:55

Yep its all brand new state of the art stuff.

[swooped] 23/8/2013 08:20

Jimmy,thanks for the link, based on my increasing shareholding it's nice to see some of my cows, I think I might have funded a couple of those fan units also! Nice modern looking equipment though for the region

[the count of monte_cristo] 23/8/2013 07:03

Thanks for the link jimmy

[jimmy12345] 23/8/2013 01:46

article on the zambezi traveller. has a couple of pics of our cattle and first pic ive seen of the abatoir which is very impressive.

hxxp://www.zambezitraveller.com/directory/produce/mozbife


Mozbife has two outlets right now in Chimoio, Tete and shortly Beira, Maputo and Matola.

[jimmy12345] 23/8/2013 01:40

Two beef retail units now operating in Chimoio and Tete - four further units planned for commissioning by Q4 2013

so i wonder how many are up and running now, must be least another couple of new stores open since the last update ?

[the count of monte_cristo] 22/8/2013 16:48

No answers yet but st brides have acknowledged that they have sent my questions on and said they would revert as soon as they have received a response. I will follow up middle of next week if I have not heard anything.

[eipgam] 22/8/2013 15:51

Count... any answer yet, or even an ackowledgement of receipt of your questions?

[jimmy12345] 22/8/2013 13:42

looking good today. what news?