Replies to post #23926 on AmeraMex International Inc. (AMMX)

[BornAtNight]

ASTOUNDING FIND. If this doesn't cover our Truck deal I don't know what more can be said other than to plainly state that they have agreed to buy x number of trucks and vehicles from AMMX. You don't have to read to far into the what is being said to recognize the basis of details that have been revealed to us over time by AMMX, this fits very very well.

[JDoggs_Money]

Garronsc, thanks for posting! I'm very curious by the numbers listed in this article... 297 transports initially. 1500 trucks divided by 5 years is 300. Basically stating the first shipment of trucks! Of more curiosity was the numbers 814 and 600. That would put us more than 1500 trucks and potentially a bigger deal. I think that's why Lee stated finalizing the first order (297). There may not be specific clarification on the total size of the ask yet and maybe why they've never stated a specific deal amount. I have this feeling that the deal may be bigger than first imagined. Everything about this article supports an amazing outcome for AMMX! Wow!!!

[ivorytowerboy]

C'est magnifique, Garronsc! The part about all the local banks being involved fits well with AMMX's narrative re its business dealings in Niger.

[JDoggs_Money]

I've re-read this post many, many times. I will say that this section exactly matches up to previous comments by Lee:

Also, Mr. Saley Saidou explained that as part of the research project financing, business dealings with local banks in order to obtain their support, by providing loans at preferential rates and durations more long work has led to the signing of agreements with other banks. "For my part, I can assure you that the government is firmly committed to the research beneficial partnership for the establishment of appropriate funding mechanisms of the renewal of the public transport fleet in Niger" a-t- he said before calling the private sector and financial institutions room for more funding and much more suitable conditions, the acquisition of public transport of new vehicles.
For his part, the Director General of the Sonibank said that by accepting to support the state in its car fleet renewal policy, the institution is in its mission and was simply exercising his profession. "We had to manage several such lines of credit. We assist the State in the financing of the economy and you can count on us for any other agreement and of any type whatsoever "he added.

It's basically stating that the funding was easier to accomplish by extending the timeline so the funding entities would approve/accept it. There are two sentences that really stick out to me:

he said before calling the private sector and financial institutions room for more funding and much more suitable conditions, the acquisition of public transport of new vehicles. - This statement is HUGE because it states more funding is available and this could continue past the initial amounts agreed upon if needed. Maybe a second deal if the first goes well and the demand is there?

And this one:

"...We assist the State in the financing of the economy and you can count on us for any other agreement and of any type whatsoever"

This screams that funding is available for other projects too! Such as the military deal? Solar deal? More trucks? Endless options...but the door is open on the funding side. THIS IS HUGE!!!!

I haven't quite deciphered the other areas in the middle, other than the Single Window is a trading platform that Nigeria currently has and sounds like Niger wants to adopt. It's for the various entities with the country so they can order items/get funding easier. Sounds like a good thing for everyone.

GO AMMX! Looking forward to that call and the info Lee can tell us :)