Podcasts about dekeloil

DekelOil aspires to become a leading Agro-industrial development company in West Africa creating value for shareholders, whilst maintaining a strong emphasis on the interests of the environment and the community. DekelOil respect and value the individuals constituting the DekelOil family by creating true long term social and economic partnerships.

Dekeloil PLC Acquisition of 43.8% Interest in Cashew Processing Project, Issue of Equity and Director / PDMR Shareholding DekelOil Executive DirectorDekelOil Executive Director Lincoln Moore said, "T[he early acquisition of a 43.8% interest in Tiebissou is a significant event for DekelOil](https://www.investegate.co.uk/dekeloil-plc--dkl-/rns/acquisition-of-interest-in-cashew-project/201812210700021959L/) and one which we believe will generate long-term value for shareholders. This is a reflection of both the substantially lower valuation we have secured compared to the Original Option agreement, but also the significant premium at which the new Consideration Shares in DekelOil have been issued. The share price premium is an endorsement of our vision to build a multi-project, multi-commodity agriculture company, the strategy we have in place to achieve this and our management team which, as it successfully demonstrated at our palm oil project in Ayenouan, has the credentials to deliver.

We talk to Lincoln Moore, the Executive Director of DekelOil about the recent RNS regarding the 2018 Q3 Production and Sales Update. He also provides an update on both Guitry and the Cashew Processing Plant at Tiebissou. #DKL #DekelOil

Dekeloil PLC Option to Acquire Majority Interest in Cashew Co. DekelOil Public Limited, the West African focused agricultural company, is pleased to announce it has agreed an option to acquire 58.5% of the existing issued share capital of Pearlside Holdings Ltd ("Pearlside"), an investment holding company (the "Option"). Pearlside has one wholly owned subsidiary Capro CI SA ('Capro'), a raw cashew nut ("RCN") business which is developing a large-scale 30,000tpa RCN processing project at Tiebissou in Côte d'Ivoire. Tiebissou complements DekelOil's existing projects in Côte d'Ivoire: Ayenouan, which produced 38,736 tonnes of Crude Palm Oil in 2017; and Guitry, a second 'seed to oil' palm oil project which is currently under development.  **DekelOil Executive Director Lincoln Moore said,** "The Tiebissou Cashew Project would not only transform DekelOil into a multi-project, multi-commodity agricultural company focused on West Africa, but it also has the potential to be a much larger operation than Ayenouan in terms of revenues and profitability. Based on today's sale prices, processing 10,000tpa of RCNs in the first full year of operations could generate substantial revenues, which would rise considerably further once the capacity of the plant at Tiebissou has been expanded to 30,000 tpa. Combine this with our producing palm oil project at Ayenouan and there is tangible potential to rapidly scale up DekelOil's revenue profile. "We are confident this potential will be realised. With a lack of local processing capacity and a large smallholder community, Tiebissou shares many similar characteristics to Ayenouan before we built our state-of-the-art processing operation. Tiebissou therefore represents an excellent opportunity to deploy the same collaborative model which has been so successful at Ayenouan, not just for DekelOil but also for local stakeholders and smallholders. Furthermore it was our proven track record in rolling out the vertically integrated model at Ayenouan on time and on budget that has enabled us to secure this option to acquire a majority interest in Tiebissou at no initial cost. With first production at Tiebissou expected in mid-2019, this is an exciting period for the Company and I look forward to providing further updates, as we focus on building a leading West African focused agricultural company."

Lincoln Moore, Executive Director of AIM-listed Palm Oil producer DekelOil, caught up with us today to discuss DKL's record Q4 production results, up 48.9% from Q4 2016. We talk about expectations for 2018 and also look at what is happening with their Guitry project whilst touching on the potential for news upcoming from Ghana. #PalmOil #DKL #AIM #Investing #Stocks #Shares

Lincoln Moore explains 2014 was a year of fine-tuning & improving logistics - 2015 the year of growth. With the first months output already double last years monthly output. DekelOil is a large-scale palm oil production operation, located in the Ivory Coast. The company's extensive agricultural and oil palm processing infrastructure includes a computerised oil palm nursery with a capacity of 1 million plants per year, supply agreements covering 27,000 hectares of local oil palm estates, 1,886 hectares of company plantations and a 60-ton per hour FFB processing mill. For the past 5 years Mr. Moore has been actively involved in establishing and raising finance for oil palm projects in Liberia, Sierra Leone and Côte d’Ivoire. Mr Moore was the former Chief Financial Officer of Sierra Leone Agriculture Ltd (now owned and operated by the Siva Group) until September 2011 and a co-founder and former director of Ragnar Capital Ltd, where he played a key role in raising over $US50m for oil palm projects in West Africa. This included the Siva Investment into DekelOil of €8.3 million. Currently a non-executive director of Zarmadan Gold Limited and a former executive director of AIM listed Northcote Energy Limited. Mr Moore is a Chartered Accountant and former senior manager in the restructuring division of Deloitte and Touche. For more News and Interviews visit: http://www.directorstalk.com #dekel #oil #trading #stocks #investing #shares