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AFRICAN POTASH LTD- Now in discussions with COMESA ! (AFPO)     

Mikel 4 - 16 Jun 2015 23:37




One of the most significant Rns on AIM so far this year,this is a genuine penny share
that has a potential billion dollar asset on its hands.These talks with COMESA are
significant because they bring together the movers and shakers in the region and
associated industry experts and financiers.This little company could well be going
places in the very near future and may even attract a takeover by one of the big
regional players.

This could well be worth tucking away at current low levels,although speculative if
any deals are done or a T/O happens it will seriously multibag IMVHO



11 June 2015

African Potash Limited ("African Potash" or "the Company")

Negotiations with COMESA



As part of the Company's strategy of expanding its activities, leveraging its position and identifying potential downstream opportunities for the development of its Lac Dinga Potash Project ('Lac Dinga'), African Potash, the AIM listed exploration company focused on sub-Saharan potash assets, is pleased to announce that it has entered into discussions with the ACTESA agency of the Common Market for Eastern and Southern Africa ('COMESA'), a free trade union for twenty African member states, with a view to creating a vertical platform for the mining, production and distribution of fertiliser, focussed on the Eastern and Southern Africa (COMESA States) region and beyond.



African Potash was identified as a potential partner for COMESA on the account of its standing, expertise and experience in the mining, agriculture and fertiliser sectors and its achievements in advancing Lac Dinga, where uniform potash mineralisation has been identified in three laterally continuous horizons. Negotiations will be centred on COMESA and African Potash partnering to operationalise and advance the COMESA fertiliser development programme, including exploring fertiliser financing options and identifying ways to exploit the African fertiliser manufacturing resources, in particular utilising potash, phosphates and natural gas to manufacture appropriate and affordable fertiliser for African smallholder farmers.



Further details on the discussions and the development of the Company's corporate strategy to advance into the fertiliser space, broaden its agricultural activities and utilise its experience to create a vertical platform for African focussed mining, production and distribution of fertiliser, will be announced in due course.



African Potash Chairman Chris Cleverly said, "Africa is a continent of 1.1 billion people with 60% of the World's undeveloped arable land. As the continent transforms with rapid urbanisation and fast growing economies, the requirement for a developed agriculture industry to feed Africa will become imperative. African Potash, with a board experienced in commodities and African operations, is well positioned on the global capital market stage to meet and deliver on these demands as we look to become a vertically integrated mining, production and distribution African focused fertiliser business."



**ENDS**



For further information visit www.africanpotash.com

skyhigh - 13 Aug 2015 22:22 - 2 of 12

Chart.aspx?Provider=EODIntra&Code=AFPO&SChart.aspx?Provider=EODIntra&Code=AFPO&S

All looking good!

pim - 16 Sep 2015 23:58 - 3 of 12

Very impressive performance last few days.
Holding up well despite lack of news which indicates a lot of confidence in the next few weeks to deliver that killer blow

mentor - 27 Oct 2015 10:39 - 4 of 12

Share price and chart on the rise, and looking forward to better times to come by the look of it.

Retracement done late last week and now rising accordingly

p.php?pid=chartscreenshot&u=Kc1jKOVK4Z2w

mentor - 27 Oct 2015 15:02 - 5 of 12

2.575p +0.60p

African Potash Limited ("African Potash" or "the Company")
Off-Taker term sheet with Ecobank Malawi

African Potash, the AIM listed exploration company focused on sub-Saharan potash assets and the vertical integration of fertiliser operations in Africa, is pleased to announce that its investment banking advisor Loita Capital Partners International ('Loita') has arranged an off-taker finance facility term sheet (the 'Term Sheet') with Ecobank Malawi (the 'Bank') in respect of African Potash's fertiliser trading operations.

The Term Sheet indicates that the Bank will engage with the Company's off-take partners with a view to providing finance by way of letters of credit, issued by the Bank on behalf of off-takers, in favour of African Potash. Provision of finance by the Bank to the Company's off-take partners will be subject to contract and credit approval. Any letters of credit granted by the Bank in this context will in effect provide a guarantee of payments to African Potash, thereby enabling African Potash to finalise its own trade finance facilities, which are required to complete its recently announced fertiliser agreements.

African Potash Executive Chairman Chris Cleverly said, "We are delighted, that with the guidance of our investment banker Loita, we have made these arrangements for our off-take partners. This represents achievement of a further milestone in the development of our fertiliser trading operations. We are grateful for this indication of support from Ecobank Malawi, which we hope will go a long way in assisting us in completing the roll out of our fertiliser trading operations."

Chart.aspx?Provider=EODIntra&Code=AFPO&SChart.aspx?Provider=Intra&Code=AFPO&Size

mentor - 09 Nov 2015 12:48 - 6 of 12

Looks ready to change direction after the recent retracement @2p

mentor - 09 Nov 2015 15:00 - 7 of 12

another one on the way up after being marked down this morning now unchanged at 2.075p

mentor - 09 Nov 2015 15:46 - 8 of 12

is having a good move up now to 2.25p
mam prices and chart not working properly

mentor - 11 Nov 2015 10:57 - 9 of 12

2.175p

went up first thing at the start and then the normal profit taking, buyers are back now and a large delayed buy has gone into the ticker

09:48:03
2.1775p
591,591K

They want shares for sure 2.185 for 2.1mil shares paying more than mid price for selling

mentor - 11 Nov 2015 11:14 - 10 of 12

2.25p +0.15p
best of the day

now is motoring again as buyers noticed of the attractions on the charting front

mentor - 11 Nov 2015 11:31 - 11 of 12

interview with CEO
3:36 "First of all, you get the financing in place"

4:06 "We now, have that in place"
https://www.youtube.com/watch?feature=youtu.be&v=KgiRnllmxIc&app=desktop

hangon - 07 Dec 2016 15:24 - 12 of 12

This Potash in Africa Co has issued shares for trading and loan-settlement. I read they've some very well-known Directors, but can't know if they are the real drivers of day-to-day operations. The Co is registered in Guernsey, which is one of my red-flags.

+Of course Potash is essential material for farmers who can afford it.
Good luck to all who sail in her. sp 0.05p ( is it?)
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