one4all
16 Nov 2017
fund raise at no ones looking oclock and now CC is spouting about block chain ....jumping on a crypto bandwagon me thinks. how appropriate a virtual currency for a virtual business..just think they have hoodwinked someone into £400k funds when they havent actually sold anything in 19 months....a fool and their money etc etc
izzy bear
13 Nov 2017
Funding Trying to figure this out, if this dead and buried, how were they able to raise £60k in funding, who would give, not just AFPO but any company with AFPO's record.Or is there something going on behind the scenes we are not being told about, and is there light at the end of the tunnel,We shall see.
izzy bear
10 Nov 2017
Re: just spotted 3 late RNSs Didn't CC;s wife invest in AFPO, that being the case she can't be a happy woman, unless she got her money back via a Brown envelope.
onedb1
20 Oct 2017
just spotted 3 late RNSs this afternoon Not sure whether CC is the ultimate Walter Mitty but I leave that for others to judge I read this and luckily I was not drinking anything ...as i would have chocked on it IMO " In light of the recent progress made with the Company's African fertilizer business, the Board has agreed that there would be no benefit in pursuing the acquisition... then you glance at the audited accounts ...on the other RNS ..."Net income from trading for the year ending 30 June 2017 was $9,000 (2016: $15,000)"......What progress is this exactly ? This is no laughing matter for the many that have seen their money go to zero on expectations of big contracts etc that were widely communicate over many channels online etc. At any rate the last RNS says they have applied to return to the markets via NEX lifting the current suspension . Bizarre state of affairs here .
Andy Reilly
27 Jul 2017
Re: RNS - £50,000 raised Tickler - All rather odd as AFPO shows no 'life' as far as I can see (or trading for that matter)!
trickler
17 Jul 2017
RNS - £50,000 raised Another few months wages for our illustrious CEO. Great!tclr
Altag
17 Jul 2017
Wakey Wakey....RNS. 17 July 2017AFRICAN POTASH LIMITED("African Potash" or the "Company"
Subscription and Appointment of Corporate Advisor African Potash, is pleased to announce: •a subscription to raise £50,000 before expenses (the 'Subscription'), pursuant to which, the Company will issue 111,111,111 new ordinary shares of no par value (the 'Subscription Shares') at a price of 0.045 pence per new ordinary share; and•the appointment of Alexander David Securities Limited as the Company's as the Company's NEX Exchange Corporate Adviser effect from 13 July 2017 (the 'Appointment'). Once the Appointment takes effect, the Company will work to have the current suspension of trading in the Company's shares on the NEX Exchange Growth Market lifted; further announcements will be made in this regard in due course. In addition to issuing the Subscription Shares as part of the Subscription the Company has agreed to issue 111,111,111 warrants to subscribe for new ordinary shares in the Company under a warrant instrument to be constituted by the Company, with an exercise price of 0.045p and a term of 90 days from the date on which the suspension on trading in the Company's shares on the NEX Exchange Growth Market is lifted.The proceeds from the Subscription will be used towards creditor settlements, general working capital and towards further efforts to develop the company's trading operations in Africa, primarily focussed on Zambia at this time. The Subscription Shares, which amount to 5.59% of the enlarged issued share capital of the Company immediately after the Subscription, were issued on 14 July 2017. The Subscription Shares rank pari passu with the existing ordinary shares.Following the issue of the Subscription Shares and the Fee Shares, in accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, the Company will have 1,987,223,583 ordinary shares of no par value in issue each with voting rights. The Company does not hold any shares in treasury. The above figure of 1,987,223,583 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.African Potash Executive Chairman, Chris Cleverly, said: "This is great news for everyone involved with our business - from African farmer through to investor. This cash injection will help underpin the long-term viability of our business strategy and gives us the capital to make real progress. The appointment of Alexander David Securities as advisers allows us to work at regaining our listing on the NEX Exchange Growth Market. We are delighted that they will be working with us on the next phase of our development."The Directors of the Company accept responsibility for the content of this announcement.
Desireoil3009
02 Jun 2017
Re: Onshore Energy LTD Can't let you have the last word LKH.But, you were absolutely right.Now don't reply to this coz we can't let you have the last word okay!
izzy bear
16 May 2017
Re: Onshore Energy LTD Just to reiterate, the lights have yet to go out, so i'm not ready to right all my investment off completely, optimistic, maybe, just have to wait and see.
LK Hyman
26 Apr 2017
Re: Onshore Energy LTD AR,"As to LKH, I think he just gets pleasure posting negative stuff, and has nothing better to do, and is bound to get it right now and again, especially on AIM."I get pleasure posting stuff which proves to be accurate, whether negative or positive. Most of my posts tend to be positive because I mainly post on boards where I hold the shares, so obvs I'll be positive about them. As for getting it right "now and again" no share, once given munter status by your correspondent, has EVER done anything other than crash and burn.The list is long but distinguished ... NEOS, ARMS, HMV, AFE, FML, Woolies, CHOC, AFPO yadda yadda I could go on.LKH on the flybridge AFPO was one of the easiest to spot ... its munterdom stood out a mile
LK Hyman
25 Apr 2017
Re: Onshore Energy LTD Izzy,"if the company was failing, then I would have thought they would have taken the cash and run, unless the pot was empty"The pot WAS empty. The scoundrels Hain and Simmonds had not a single share in this car crash until they took their fees in shares in February. That tells you how little confidence they had in this train wreck. Obviously they would have preferred their fees in cold hard cash, but that was never going to be a possibility after Clever Clogs had sprinkled his own brand of faerie dust over the company. "If the RTO happens would that mean the end of the Potash business, Lac Dinga and the other supposing deals AFPO had."The "deals" are just smoke and mirrors and Lac Dinga is totally worthless. There is any amount of Potash in Canada, Belarus, Russia and Yorkshire without faffing around in the heart of darkness for the stuff.The RTO will not alter the basic truth .... this is a munter.LKH on the flybridge munter hunter extraordinaire
onedb1
25 Apr 2017
Re: Company suspended RNS LKI don't have any AFPO , I bagged the 0.4s to 3.4575 then lost some of the profits by going long at 0.8 or 1p . don't recall now But those are worth zero now. . So nothing to do with me. Nor advice needed. I lost part of the profits reduced to zip like every one else only on the second trade. But over all I ended in profit. I remain angry though . Very angry.
izzy bear
24 Apr 2017
Onshore Energy LTD I have been searching for information on "Onshore Energy Ltd" and can find very little other than it is a investment company, but what is interesting is that "Chris Cleverly" is an investor and Director on the BOD, If the reverse takeover was successful, it would be interesting to see what status the company takes, and would AFPO be informed of what it assets and investments are, If the RTO happens would that mean the end of the Potash business, Lac Dinga and the other supposing deals AFPO had.Does the company have a future is the big question, an interesting RSN on 27th Feb 17, stated 3 directors took their payments in shares, if the company was failing, then I would have thought they would have taken the cash and run, unless the pot was empty,what other twist are there , I wonder,
trickler
21 Apr 2017
Re: Company suspended RNS Just one more to add to my list of share disasters. I was in SXX but got out too early fearing that it would go the way of most of my other miners & oilies. I bought into AFPO as a way of getting back into potash - a modest investment by most on here's standards but significant for me.The writing was on the wall when the loan was made by finance director's wife (I think) on exorbitant terms and then when they supplied potash without being paid (still not as far as we know). LKH takes a lot of flack on here but he has been right all along.I am still holding (for what it's worth - there never having been an opportunity to get out at anywhere near my av) and obviously I would like this to succeed.However, without wishing to talk this down (what would be the point anyway) I would just say that anyone putting another penny into this is stark raving bonkers. I have no doubt that whatever we hold here is already lost so why hand over any more to be wasted/swindled.tclr
LK Hyman
21 Apr 2017
Re: Company suspended RNS Onedb1,This sounds very sus to me. Normally a reverse takeover involves a private company accumulating a large chunk of a public company's shares. However there is no sign of this Onshore Energy mob being on the AFPO share register. The only substantial shareholding is 3.2% as at 27 February 2017 owned by a company called White Knight Investment. They had 4.66% in December 2016. Not sure if the reduction is as a result of dilution or part sale.If I were you I'd work on the principle that Cleverly and Hain and the other geniuses have flushed all your money down the gurgler. This latest bit of financial engineering is likely to do absolutely nothing to change that. It probably has something to do with the loan note of 2015. Whatever it is, you're going to be diluted to bu55ery in a company which anyway is totally worthless.LKH on the flybridge
