Africa Oil Corp. AOIFF

Africa Oil Reaches New Exploration Milestone

[EGF30]

Shahin,

Since you are sitting on 200+ million of shareholder money and now that as you say you are ‘exploring with other people’s money’, don’t you think that maybe it’s time you start giving back to your shareholders more of their own money???  

Since there does not seem to be any share price value to be seen anytime soon, don't you think paying shareholders MORE to wait would be a good idea?

Now that there is as you say no more up front costs, don't you think it is time to start returning MORE of that 200+ million to shareholders?      

Also not sure what you are talking about with this free carry stuff, because we both know the carry is not free - it is a carry loan.

A free carry implies to me there is no costs associated at all ever – period.

A free loan is just that – a loan that you must pay back all associated costs up to first production.

How deceiving and ‘Snake Oil’ like is that Sir?

Is this why the Good Doctor surprisingly had you do this instead of him?

I can’t ever recall Sophia Shane ever doing any promoting of the company, can you?

Something definitely stinks here.

Increase the dividend and pay it quarterly………..

GLTA.   

https://api.quotemedia.com/qsmodule/research/?page=fullnewsstory&theme=dark&fontSize=medium&lang=en&country=ca&disableResizer=true&wmid=104293&sid=d310fffc-bad4-422d-be36-a85b5cbdefe8&qmEnv=app&storyId=8916214834034612

[Suppe11]

When he talked about free carries, he meant himself and the board....