Africa Oil Corp. T.AOI

just a thought

[minigoon]

I'm wondering if the statement they made late in Dec to anounce during the 4th Q results in Feb of this year, as to " the plan " has to do with wether AFE hits or not with the Venus well. AFE has 1.4 Billion shares, SNM also has 2.4 Billion shares,

[DAGUY]

No, they have the money coming in from Prime to buy back shares or do a dividend. They were probably just waiting to choose how much or either/each after the year end and what Prime has left for cash and what it has to pay for its loan facility.  JMO

[firstworld]

It's Africa. Things can change over night like Canada or Kazakhstan with game over in instant

[minigoon]

What i'm afraid of is not picking up any production with our huge cash generation. Obviously serious rebalancing going on with Merril lynch in regards to volume and cross after cross up to today's trading and onward. Azinam has spent $40 million on its blocks, the Eco CEO continued, acquiring seismic and carrying out surveys Block 3B/4B, on the other hand, has a “clear and direct