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Bullboard - Stock Discussion Forum
Africa Energy Corp
HPMCF
Primary Symbol:
V.AFE
Energy
Oil & Gas E&P
Africa Energy Corp. is a Canada-based oil and gas exploration company focused on South Africa. The Company owns approximately 49% of the common shares and 100% of the Class B shares in Main Street 1549 Proprietary Limited (Main Street 1549), which holds 10% participating interest in the Exploration Right for Block 11B/12B offshore the Republic of South Africa (Block 11B/12B). Block 11B/12B is...
located in the Outeniqua Basin approximately 175 kilometers (km) off the southern coast of South Africa. The block covers an area of 18,734 square kilometers (Km2) with water depths ranging from 200 meters in the north to 1,800 meters in the south.
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Bullboard (TSXV:AFE)
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(355)
•••
Harel1976
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Post by
Harel1976
on Oct 28, 2020 9:41am
next top up
i think on the day they'll announce the equity price for impact.
(5)
•••
trendcetter
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Comment by
trendcetter
on Oct 28, 2020 9:16am
RE:73m with no water contact - It's a monster
I think I'll be holding on for another X amount of years unitl i see a break even. Stockholm down over 20%... =[
(34)
•••
HotDog01
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Post by
HotDog01
on Oct 28, 2020 7:55am
A bird in the hand...
Ultimately an oil or gas project can only create value by producing and selling its hydrocarbons. Until then we are simply gambling that this will eventually happen and exploration is merely an
...more
(60)
•••
SBaker
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Comment by
SBaker
on Oct 28, 2020 7:33am
RE:RE:RE:73m with no water contact - It's a monster
Most commonly used as Chance of Success. Where success is defined as presence of hydrocarbons in sufficient quantities to be economic. We need to see the Townhall presentation to see what the
...more
(3)
•••
RHertig
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Comment by
RHertig
on Oct 28, 2020 7:21am
RE:RE:73m with no water contact - It's a monster
What is a COS well
(3)
•••
RHertig
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Comment by
RHertig
on Oct 28, 2020 7:11am
RE:"bad news flow"
It dies kill the do more exploration and then sell all the finds in a better market. We will have to sell without full exploration and if the cist of development is to high we might also have to sell
...more
(355)
•••
Harel1976
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Post by
Harel1976
on Oct 28, 2020 6:56am
"bad news flow"
aec in stockholm is down 26%. the impact dilution is bad news, a way to keep it all in the "family" on expance of PI's. might be that the quick move to fid will require cash and thats
...more
(3)
•••
RHertig
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Comment by
RHertig
on Oct 28, 2020 6:12am
RE:Total's exploration director quote
Maybe the market all ready priceb in and expectation of condensate and was hoping for oil. I don't get it either. I expected at least 40% rise on the open. Sometimes theae will rise as the market
...more
(60)
•••
SBaker
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Post by
SBaker
on Oct 28, 2020 5:24am
Total's exploration director quote
I clearly don't understand the stock market.............this is the quote from Total.........they have the data and it seems they like it “We are very pleased with this second discovery and its
...more
(3)
•••
Capetonian
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Comment by
Capetonian
on Oct 28, 2020 5:18am
RE:why u guys celebrating
Source: https://www.swedbank-aktiellt.se/ovrigt/direkt.csp STOCKHOLM (Nyhetsbyrn Direkt) That Africa Energy encountered gas condensate finds at Leopard, which was clearly larger than at the
...more
(3)
•••
Capetonian
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Comment by
Capetonian
on Oct 28, 2020 4:54am
RE:why u guys celebrating
Today's news isn't bad. I think what we're seeing is some pure exploration play investors exiting. It's interesting that no volumes were reported. 73m of net pay is impressive and I
...more
(8)
•••
misterroachay
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Comment by
misterroachay
on Oct 28, 2020 4:48am
RE:RE:why u guys celebrating
I find this all very bizarre
(60)
•••
SBaker
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Comment by
SBaker
on Oct 28, 2020 4:33am
RE:why u guys celebrating
yes, sadly just saw that and stockholm dosen't like the news.......... A great result which has the CEO thrilled but is not popular with the stock market........you could not write the script
...more
(24)
•••
cueball40
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Post by
cueball40
on Oct 28, 2020 4:26am
why u guys celebrating
its getting killed in Stockholm down over 8% duhhh https://finance.yahoo.com/quote/AEC.ST?p=AEC.ST&.tsrc=fin-srch
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