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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

Post by Ogopogo007on Dec 14, 2022 10:22pm
270 Views
Post# 35172326

If NCIB is "good value" at $3.38

If NCIB is "good value" at $3.38Why isn't AOI loading up the truck at $2.53?

What a collosial waste of shareholder $$$. Inspite of million$ spent...I don't feel any richer.
At least with a dividend...$ in my hand, I can decide if shares are undervalued and buy more or if cold adult beverages have more value. At least I can return the empties for $...can't say that for $3.38 shares

JMHO


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