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Bullboard - Stock Discussion Forum Africa Oil Corp. AOIFF


Primary Symbol: T.AOI

Africa Oil Corp. is a Canadian oil and gas company with producing and development assets in deepwater Nigeria and an exploration/appraisal portfolio in west and south of Africa, as well as Guyana. The Company is focused on its Nigerian assets, Namibian Orange Basin opportunity set (Blocks 2913B and 2912), Block 3B/4B in South Africa's Orange Basin, and Equatorial Guinean exploration blocks (EG... see more

TSX:AOI - Post Discussion

Africa Oil Corp. > MY 2.5 CENTS WORTH
View:
Post by EGF30 on Jun 27, 2023 12:43pm

MY 2.5 CENTS WORTH

Dr. Tucker welcome aboard.  

Some free advice from a nobody small time investor. A small time investor who retired before age 55 with an income for life and is debt free.

Any company or household like ours who operates debt free knows and understands the value of being debt free. However nice it is to have some back up with a big line of credit if needed for a rainy day, it does not mean you have to use it.   

Forget about buying anything unless you have the money to pay for it --------------up front. If you do not have the cash today, you simply can't afford it.

All well run homes and businesses have this common sense in common.

All poorly run homes and businesses have debt problems in common.   

My 2.5 cents worth is pay off the remaining debt as soon as possible and double the dividend. 

Looking forward to Venus news and what the future direction Dr. Tucker has in mind for AOI. 

GLTA.

Comment by firstworld on Jun 28, 2023 12:31am
I doubt the PhD needs advice from a retired civil servant silver spoon pretendimg to be wealthy while living off the backs of over taxed Canadians who camt get basic heathcare, dont have a first world passport with near total global earnings mobility or on demand  option to live on Pershing X7 like some of us haha. I personally dont put a dime in amy company unless its PhDs on the board and ...more  
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