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Bullboard - Stock Discussion Forum Africa Energy Corp HPMCF


Primary Symbol: V.AFE

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... see more

Bullboard (TSXV:AFE)

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Post by Harel1976on Oct 28, 2020 9:41am

next top up

i think on the day they'll announce the equity price for impact.
Comment by trendcetteron 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%... =[
Post by HotDog01on 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  
Comment by SBakeron 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  
Comment by RHertigon 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  
Post by Harel1976on 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  
Comment by RHertigon 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  
Post by SBakeron 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  
Comment by Capetonianon 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  
Comment by Capetonianon 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  
Comment by misterroachayon Oct 28, 2020 4:48am

RE:RE:why u guys celebrating

I find this all very bizarre 
Comment by SBakeron 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  
Post by cueball40on 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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