Company suspended RNS Seems to be a reverse take over . No idea what this entails as am only a spectator though quite annoyed with the whole thing .Hopefully some can get some money out of this .
Re: oh and Andy,"CC's hasn't exactly covered himself in glory, and one can only hope he doesnt 'get away' with anything in future"The beard was the giveaway. The moment I saw that beard I chust knew that this was not gonnae end well for shareholders. The arrival of Hain and Simmonds onto the board merely served as further evidence of the munter status of this munter.LKH on the flybridge reaffirms munter status of AFPO
Re: oh and Sooly - Hard not to be too cynical about these politician's 'motives'. CC's hasn't exactly covered himself in glory, and one can only hope he doesnt 'get away' with anything in future, but AIM attracts such folks - I just hope that no one has taken too much of a hit with AFPOO! Its just very disappointing when the Co loses the plot, and sentiment takes a real hit!!! ATB
Re: oh and Andy,Don't get me started on these politicians, I don't think they ever know whether they are telling the truth or just plain ly#ing to everyone. I did think that when these pair of eejits were appointed in was a positive sign for afpo, I based that on my experiences at SXX. Sadly I was wrong this time. What's more is the way Hain and Simmons have sat back whilst CC plainly did not know what he was doing. I suppose you only have to look at what happened in the recent budget when spreadsheet Phil made a complete hash of it, he should in all honesty be sacked. He is either stupid, tik or just a plain li#r. Just wait until 'making tax digital' hits the headlines, you ain't seen nothing yet.Anyway good luck, I have found some excellent shares recently, been in SML a while now and will not be selling for a long time, also like TLOU and SAVP.Sool
Re: oh and 'your attitude to the likes of Hain'... that should be -
Re: oh and Sooly - your attitude the the likes of Hain is what gives me faith in people! Hope all goes well for you -
Re: oh and Sool,"it would be interesting to hear exactly why they ever got tangled up in it"Both were Foreign Office ministers with responsibility for Africa before they became NEDs for AFPO. They wanted a bit of cash (not much, mind, NED fees aren't terribly generous) and Clever Clogs wanted a couple of people who could open doors to the African politicos and give hime a bit of the credibility that was lacking as a result of his horrible little beard.What both sides overlooked was that neither of the scoundrels knew the first thing about extracting payment for potash from farmers. They don't teach you that sort of thing in the Foreign Office. LKH on the flybridge
Re: oh and LKHMy friend you should become a mystic meggie type of a person as I have to admit you have been right all along the slippery ole road about this pile of dung. Remind me in future never ever get involved with anything that politicians become embrolied in, or in Hain's case, Old windbag politico's who spout absolute and utter garbage.Lesson learnt for everyone, I did make a large profit in the early day's I have to say pure luck, then lost some keeping the faith.Hain and simmo need taking to task regarding this bag of manure and it would be interesting to hear exactly why they ever got tangled up in it, I suspect however the truth will never be revealed, well as if any politico eejit could ever reveal the truth.Sool
Re: oh and While I have little faith left in AFPO, the fact is they have just raised over £26 K so that should keep the company afloat for around 6 months, then we will have to see what happens then,still a outside chance they could pull a few deals out the bag,Good luck to all
Re: oh and Just for the record LKH, AFPO renewed the licence on the Lac Dinga Project last June, so there must have been a reason for doing that, unless it was just to keep investors interested, but the reality is they never had the cash to make progress.It all sounded good at the time as Port Noire was only 30 miles away.Although like many others I am facing a large loss, the company is still trading and it has agreements, so who knows what the future holds.we live in hope.
I enjoyed this ... ... extract from note 7 of the latest annual report:"Expense returns in respect of advances made to C Cleverly have not been submitted forapproval by the remuneration committee."Clever Clogs racked up $155,000 of expenses in the year ... but didn't bother to get his returns approved. What does that say to you, shipm8es?LKH on the flybridge ain't life grand?
Re: oh and Izzy,Lac Dingaling was never going to work, m8. There's all the potash in the world in Canada, Belarus, Russia and Jordan. Why on earth would anyone want to go to the heart of darkness to dig the stuff up?It has been clear for yonks that it was all gonnae end in tears before bedtime.I wonder what Clever Clogs, Hain, and Simmonds have moved on to now?I'll tell you one thing ... I would NEVER invest in ANY company in which any of them scoundrels are involved.LKH on the flybridge
Re: oh and It all looked good at first, Lac Dinga was to provide Fertilizer for Africa and export but it never materialised, deals with Comesa, Zambia and Windmill were in my books, a none starter, I agree a couple of deals went through, but not enough to pay the BOD's wages, and I suppose you could blame the African droughts for AFPO's failure, will we ever know,If they had concentrated on Lac Dinga, then maybe, just maybe, after all they did test in the area, progress could have been made. but alas it looks as if the company has failed. and with it all our investment.....That unless they can pull the rabbit out of the hat, with a major deal that pays.We live in hope.
Re: oh and Onedb1,"TW was right all along am afraid ."TW? Who he? Anyone else you think was right all along?Words cannot express the contempt I feel for "Lord" Hain and Simmonds. Clever Clogs was just a charlatan.I think what convinced me that this was a munter was the involvement some time ago of the African bloke who claimed to have found the ark of the covenant. That made me chuckle ... and make a note to mesen never to touch this munter with a bargepole.It should have been obvious to all sensible people.LKH on the flybridge
oh and given the bid is at 0.02p am not sure why they are bothering anymore Highly puzzled with this lot. What do they think this latest RNS was for ? Those who have been holding have seen their holdings reach ZERO !! Any of this gang involved with any other company will have me stay away . Will never touch anything this lot do , from CC to all the team . Their only chance is to perform an incredible miracle and turn this around . I don't believe it will happen TW was right all along am afraid . Incredible as when CC first started he was happy to do loads of PR on many of the usual outlets , "in with the big boys now" , "Christmas pudding" he appeared at every event possible. Disappeared now . Can't even appear on any interview to explain what is actually going on . Shameful and doubt he will ever run a AIM firm again or any firm will want to be associated with him anywhere after this fiasco . A failure I can accept . Whereas being misled is not acceptable . Its this part that will never again see him hired anywhere . Unless he performs a miracle but I will need to sit it to believe it.