Africa Oil Corp. AOIFF

Frustration

[Splinnter]

I see a lot of frustration towards AOI leadership and I get that. Basically the market sentiment is negative across the board in the Oil and Gas Industry. Especially in this market you need to show a Lot of patience to this high risk - high reward business. I strongly believe AOI will come to fruitation as from the moment the full value of Venus Oil province is known. It is just Massive!

[papaloapan]

Been here a very long time, and from my perspective, they have accomplished 2 things. 1) They took a high risk Kenya project to monetize it, by seeling half their stake and converting this into long term cah flow in Nigeria. 2) they made a conscious decision to transition from wildcatting to a more mature producing company.  They backed this up with a change in mangement Everything else

[firstworld]

You're in the wrong stock for that.  Better to see ENCC ETF or any of the other players that do that.  AOI is junk grade highly speculative company run by self serving BOD, consequently, it sooo undervalued considering the ultra high quality holdings and cash flow. This will get pumped up to 3.50+/- by fall like usual now is a great time to accumulate if you have the free cash and

[firstworld]

Kenya and Canada are similar - impossible to get any pipelines done which is why Kenya stalled and was divested / written off. Like Canada, that now has the most costly pipeline per KM in the world incl subsea by many times over budget,  Kenya simply couldn't appease all the criminal groups extorting benefits for approvals. A majority of all O&G exploration by super majors and NOC

[Suppe11]

Maybe you'll see >$140 oil in your lifetime, though I doubt this already. But IF that would be the case for longer, than a short pop...the states of the world will show you, who is the real owner of the oil....and...spoiler...not the shareholder or alternatively...you'll have to sell the oil for $ 90, no matter how the supply/demand looks like= price cap. Dramatic story short: You'

[firstworld]

It's a new era with Global Minority 1B selling all their ICE to Global Majority 7BN over next 20 years plus CN, worlds #1transport vehicle producer selling vast amounts of ICE  to Global Majority delivering superior vehicles at 2/3 the price of western junk. Oil demand will outstip supply for next 10-20 yearsOffshore is where it's at simply because the peasants can't disrupt you.