15.08.14 - 13:27 Uhr
Beaufort Securities has issued a speculative BUY note on DekelOil Ltd, the West African palm oil producer with one of the largest mills in the region, today.
With an established nursery, 26,000 hectares of land (2,000 of which are already planted), a 60 t/hr mill and production derived currently from local shareholders, the Company is vertically integrated. Harry Stevenson describes how “By controlling all aspects of the process, the company is able to develop an efficient, cost-effective operation, in partnership with regional stakeholders and local authorities.”
The Company is currently trading at 1.18p.
Many thanks and have a great weekend.
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From: Beaufort Securities [mailto:]
Sent: 15 August 2014 11:41
To: Elisabeth Cowell
Subject: DekelOil Public Limited (DKL.L) - Speculative Buy at 1.25p
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Friday, 15th August 2014
DekelOil Public Limited (DKL.L) - Speculative Buy at 1.25p
DekelOil is a large-scale oil palm production operation, located in the Ivory Coast. The companys extensive agricultural and oil palm processing infrastructure includes a computerised oil palm nursery with a capacity of 1 million plants per year, extensive supply agreements and a 60-ton per hour mill now in production. DekelOil is 51% owner and operator of DekelOil Côte d’Ivoire Ltd, which has developed a sophisticated palm oil project in southeast Ivory Coast in partnership with its 49% joint venture partner, the Siva Group, a significant operator of West African palm oil assets. The project encompasses the cultivation of oil palm plantations and the construction of a palm oil mill. Read the full report<
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