Advantagewon Oil Corp C.AOC

AOC

[Urbani]

Charles... keep up the good work... good to see that AOC is cutting down on the cash outflow and increasing revenue....

[glenloates]

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[LeCordonDude]

Doubtful that management was being sarcastic in a press release. You seem to have missed a keyword in the release, namely : low-cost. Upon research of known wells in that area, i have found that a typical producer can be maintained for $150 or less. That being said, if the 15 wells could produce one-half barrel per day then their cumulative production would be some 225 Bbls per month for $15,750

[glenloates]

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[LeCordonDude]

No.....They are better off paying down debt, freeing up income, cutting costs, paying emloyees in shares, acquiring new production...... All of which their most recent press release says they are doing. Management is definitely on track. The 3 months financials (quarter 2) financials that you reference, are now 83 days old. That means your figures are a snapshot of the company in a time that has

[Urbani]

Correct, Charles is righting the ship.... It will be a longer turn than once thought... However the stock price should be closer to 5 cents here IMO to start that journey. Giving Charles funds seemed to have gone a way further than it ever has gone before with AOC... One of the big peices for AOC is having Charles staying aboard steering this ship. AOC just needs more oil people on the Board of

[mr1derful]

I had a good laugh when you said this company is shaping up to be the next Suncor. Cash flow negative at $80 WTI, ridiculously high costs and very high general and admin expenses. Where is the capital going to come once they burn all their cash?