AOI is a joke .....in my house. my wife keeps chirping at me "how did Africa Oil do today? Ha ha" I have been a long-suffering holder but I am keeping the faith. Although difficult when my other holdings like TVE, ATH and MEG have been doing a lot better
For me, if we get back to 2022 production of 36,000 bpd at $75- 80 then thats a billion USD in gross revene. to quote Eric Nutall .." a cah flow machine". And I think they will add (buy) to Production later this year
Hoping the Nigeria politicians get the Oil reform bill passed in the next 2 weeks and then I think you will see more Prime dividends once the RBL is renegotiated. I think that is the main blocker to everything moving forward
Anything from AFE, Impact EOG and Kenya is jam on top
GLTA