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Africa Oil Corp. T.AOI

Alternate Symbol(s):  AOIFF

Africa Oil Corp. is a Canadian oil and gas company with producing and development assets in deepwater Nigeria and an exploration/appraisal portfolio in west and south of Africa, as well as Guyana. The Company is focused on its Nigerian assets, Namibian Orange Basin opportunity set (Blocks 2913B and 2912), Block 3B/4B in South Africa's Orange Basin, and Equatorial Guinean exploration blocks (EG-18 and EG-31). The Company holds its interests through direct ownership interests in concessions and through its shareholdings in investee companies, including Prime Oil & Gas Cooperatief U.A. (Prime), Impact Oil and Gas Ltd (Impact), Africa Energy Corp (Africa Energy) and Eco (Atlantic) Oil & Gas Ltd. (Eco). Prime is a Nigeria-focused company with interests in OML 127 and OML 130 that account for all of the Company's reserves and production. Eco is an oil and gas exploration company with interests in Guyana, Namibia and South Africa. Impact has interests in Namibia and South Africa.


TSX:AOI - Post by User

Bullboard Posts
Comment by superoilhunteron Oct 29, 2012 3:05pm
362 Views
Post# 20536213

RE: RFC Ambian Report

RE: RFC Ambian Report

Downside 4.25?   Yea.. that analysis really has his/her blinders on.  IF and only IF AOI had Ngamia and TWIGA and TWIGA came up empty, maybe.. the knee jerk reaction would drag AOI down to 4-5, but AOI isn't a 2 trick pony and the analysis is not doing a proper job modeling the price when considering all of AOIs prospects.  How can they just model one part of AOI and say.. the entire AOI is worth only this based on Twiga and Ngamia?   Definatly one eye closed there.  Doesn't matter what one analysis thinks.. for every negative slanted research report, I'll show you 5 very positive ones from analysis who have done research on the company and understand the potiental and how to model what a company is worth.   Upside 100+ downside 15-18 by end of 2013.  Twiga will come in, PaiPai is the one I'm excited about.. if Paipai comes in.. it opens up a entire new basin.. then, we can all add some simba since they are on trend with Paipai.

Bullboard Posts