Africa Oil Corp. T.AOI

going to be an interesting read on Q3 results

[minigoon]

- how is the infill drilling going, how many are completed, are there any on line, production #'s
- how many tankers did we sell, what price ?

  let alone the deep off shore drilling going on, with #'s flying about everywhere.

[firstworld]

AOI is a Holding Co....has zero field operations....just collects div. They may jave insight and be privy to confidential operations data restricted by NDA. You need different oil co if you need that operarional level data that it may or may not disclose.

[DAGUY]

So what do we need from this Q to boost the stock?  We won't get anything on Venus I doubt we will see a stock buy back announced. I am personally hoping to see 2 - 3 cargo loads of oil sold over 90.00 I am hoping to see .20+ earning I am hoping that some of the infill is done and coming online if not already online. I am hoping to hear more about where the new CEO is going to take this

[Suppe11]

You'll gonna see a loss and negative cashflow....

[DAGUY]

Boy i hope not

[Suppe11]

Numbers look good. Reason: Prime paid a 60m divi, I thought they paid only 30 or no divi. On the Prime level income statement...they paid virtually no taxes, easy then, bit a one timer. Good news: Agbami licence renewal Bad news: Agbami production off in Q1 and share count up.