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Our news section highlights the latest industry news, press coverage and publications.

Solid foundations in Ayenounan. Now set for expansion projects.

We believe DekelOil still offers investors a compelling and a deep value investment opportunity; DekelOil trade on a forward FY18 P/E of 4x on double-digit EPS growth. We have adjusted our price to 30p from 34p, and if the Guitry project is successfully implemented, our target price increases to 36.3p.

Formal Commencement of Second Palm Oil Project in Côte d'Ivoire

DekelOil Public Limited, operator and 100% owner of the profitable and vertically integrated Ayenouan palm oil project in Côte d'Ivoire, is pleased to confirm formal commencement of operations at Guitry, its second project in Côte d'Ivoire (the 'Project'), in which the Company holds a 100% interest.

City broker likes the look of DekelOil Share.

Cantor Fitzgerald has the stock as a buy and has set a target price of 29p

DekelOil (“DKL”) gains 100% ownership in the palm oil project in Cote d’Ivoire.

DekelOil Public Limited is pleased to announce that it now holds a 100% interest in the profitable and vertically integrated Ayenouan palm oil project in Côte d'Ivoire (the 'Project'), which includes one of West Africa's largest crude palm oil ('CPO') mills. This follows the acquisition, by way of a share conversion, of the remaining 14.25 per cent interest in CS DekelOil Siva Limited ('CSDS'), the Company's joint venture which owns the Project, from DekelOil's partner, Biopalm Energy Limited ('Biopalm') ('the Acquisition').

Dekeloil takes full ownership of Ivory Coast palm oil operation

Biopalm will have a stake of approximately 12.5% in DekelOil following the transaction.

Dekeloil appoints new head of Ivory Coast subsidiary

Vince McAleer will take over as the chief executive of subsidiary Dekeloil Côte d'Ivoire on 16 November

DekelOil: Completion of Debt Refinancing on Improved Terms

DekelOil secured a new seven year loan at a lower interest rate of 6.85% from 10.65%, which would imply an annual interest expense saving of at least €200k. This will certainly boost free cash available to shareholders as well as continue to strengthen the balance sheet.

Dekeloil Public Limited - DKL Acquisition and Placing

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF IRELAND, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OF LOCAL SECURITIES LAWS OR REGULATIONS.

Dekeloil Public Limited DKL £11.1 million Placing and Acquisition

RNS Number : 0644Z
Dekeloil Public Limited
24 May 2016
 

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF IRELAND, THE REPUBLIC…

DekelOil seen as a ‘buy’ after positive interim results

Earlier on Wednesday DekelOil revealed record half yearly palm oil production, turning out some 28,550 tonnes of crude palm oil in the six months ended June 30.

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