Post by
EGF30 on Dec 04, 2023 3:10pm
NO BUDGET LISTED FOR THIS NCIB
One thing I noticed is that they did not mention a specific maximum budget like they did last time of $95 million. They just might want to be buying up as many as they can daily from now until the cat is out of the bag for good.
GLTA.
Comment by
Lonegaurdian19 on Dec 04, 2023 10:20pm
Same old game, they'll buy up enough to cover the options and RSU's. So 1st 10 million shares are just company cash going to officers. Here's the link on their website: https://africaoilcorp.com/investors/share-capital/
Comment by
firstworld on Dec 05, 2023 1:26am
I see only slightly more than 1M options in the next year...no big deal. So far they are reliable, doing a decent job, now have PhD leader, and thesres so much Prime upside with Nigeria, Orange Basin and probably more. Thers always the weapons firms that have attracted 5TN in ESG funds haha.