RE:RE:Keith HillAmassing dry powder. With Omicron about to cripple health systems with hospitalization of vaxxed and unvaxxed alike in the next 8 weeks on top of all the restrictions and lockdowns globally now.....will be rocky road until May. I dunped all AOI bought at 1.22 at 2.10-2.17 keeping cash dry for now ...no FOMO her with storms on the horizon.
Lonegaurdian19 wrote: I don't think you fully understand how the Lundin group operates. They are creating a large umbrella with multiple near term drilling prospects. ECO, AFE and Impact will likely all be folded into Africa Oil. They are an aggregator which is great, they continue to gain experienced folks in the regions they operate and benefit from strategic relationships.
Just a theory but I think AOI pushed the Divy/buyback decision until Feb so they can pick off some of Tullows non-core acreage.