Disclosure: The author has a short position in one or more of the shares mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

African Potash. Another Non Profit Organisation for Chris Cleverly to run - sell

By Lucian Miers

20 October 2015 03:14

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Last week, when writing about joke silver prospect Arian (AGQ), I promised to highlight another miner with almost ten times the market cap and even lowlier prospects.

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Comments

DUCK AND DIVE

20 October 2015, 04:14

Very well written and entertaining article – including the funniest line ever seen on this site.
turbograndad

20 October 2015, 05:08

Was tempted at 0.30p and again at 1p, but was not sure how the spoof would run BB’s morons and all, so chickened out, could of made some money, but respectability got the better of me. You have realised my concerns Lucien.
addick

20 October 2015, 10:18

This company is effectively a broking outfit that is yet to complete any deals. It appears to have a finite market and no financial firepower with which to do the deals (although this could soon change)
The question is: what happens after the deals have been completed? What does the company do next? I don’t know the answer, so perhaps one of you guys can help me.
In the meantime, if you want to invest in a commodity or freight broking business, Clarksons is a better bet.
G man

20 October 2015, 11:09

Duck and dive,Well written article?? Perhaps master Miers needs to do a bit of research, the company are not delivering potash they are delivering fertiliser.Almost as bad as his sidekick Winnifriths article saying that the 30 million mcap was too high?? Addick if you were to read the last few RNS then perhaps you would see what Mr cleverleys plans are for the future.