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Bullboard - Stock Discussion Forum
Africa Energy Corp
V.AFE
Alternate Symbol(s):
HPMCF
Energy
Oil & Gas E&P
Africa Energy Corp. is a Canada-based oil and gas exploration company focused on South Africa. The Company owns approximately 49% of the common shares and 100% of the Class B shares in Main Street 1549 Proprietary Limited (Main Street 1549), which holds 10% participating interest in the Exploration Right for Block 11B/12B offshore the Republic of South Africa (Block 11B/12B). Block 11B/12B is...
located in the Outeniqua Basin approximately 175 kilometers (km) off the southern coast of South Africa. The block covers an area of 18,734 square kilometers (Km2) with water depths ranging from 200 meters in the north to 1,800 meters in the south.
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Bullboard (TSXV:AFE)
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(30)
•••
cjohansen76
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Comment by
cjohansen76
on Dec 02, 2022 3:04pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Corporate presentation?
Fake news, they issued shares at increasing prices over the last 5 years: https://africaenergycorp.com/investors/equity-financings/
(1)
•••
silverlinens
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Comment by
silverlinens
on Dec 02, 2022 2:29pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Corporate presentation?
Maybe nurse the share price and promote the company so you don't issue shares at all time lows every time. It's a thought. My grade school math says that'd limit dilution.
Coelacanth Announces 2023 Year-End Reserves
posted Apr 19, 2024 9:00am by
Coelacanth Energy Inc.
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|
During 2023, Coelacanth completed successful Montney pad wells at both Two Rivers West and Two Rivers East. Longer wells and a new completion design was successfully executed on both pads resulting in materially improved productivity. Baseline productivity was established in the Upper Montney at Two Rivers West and the Lower and Basal Montney at Two Rivers East for future adjustments to completions and well designs ...read more
(30)
•••
cjohansen76
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Comment by
cjohansen76
on Dec 02, 2022 1:18pm
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Corporate presentation?
Is there any other way for an exploration company to raise capital besides issuing shares?
(1)
•••
silverlinens
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Comment by
silverlinens
on Dec 02, 2022 10:19am
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Corporate presentation?
Just unfortunate they can't read data worth a damn so nobody made money. Another year, another new 52 week low.
(30)
•••
cjohansen76
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Comment by
cjohansen76
on Dec 02, 2022 10:15am
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Corporate presentation?
Yes, good thing AFE was able to farm-out block 2b and pay far less than its share of the drilling costs.
(1)
•••
silverlinens
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Comment by
silverlinens
on Dec 02, 2022 9:47am
RE:RE:RE:RE:RE:RE:RE:RE:RE:Corporate presentation?
Shame we didn't pay Total to do 6 years of analysis on 2B. Pretty sure they'd not found the second driest place on earth next to Sahara after estimating a 60% chance of commercial success.
(1)
•••
silverlinens
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Comment by
silverlinens
on Dec 01, 2022 9:02am
RE:RE:RE:RE:RE:RE:RE:RE:Corporate presentation?
It's you against the market on that one. Moot point since you care about the exit. Be my guest go ahead buy my shares at $1 and sit tight for that exit.
(30)
•••
cjohansen76
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Comment by
cjohansen76
on Dec 01, 2022 8:56am
RE:RE:RE:RE:RE:RE:RE:Corporate presentation?
I would put the two big discoveries with Total in the win category.
(1)
•••
silverlinens
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Comment by
silverlinens
on Dec 01, 2022 8:13am
RE:RE:RE:RE:RE:RE:Corporate presentation?
Success is judged by your wins and shareprice says Sodone has only losses. If you disagree, you're welcome to buy my shares at $1 CDN and wait for your exit.
(26)
•••
alphadog67
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Comment by
alphadog67
on Dec 01, 2022 6:26am
RE:RE:RE:RE:RE:Corporate presentation?
I don't know who Robert and Allan are, but I don't see the rationale of repeating personal attacks here over and over. Success can only be judged at exit, and changing management doesn't
...more
(30)
•••
cjohansen76
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Comment by
cjohansen76
on Dec 01, 2022 6:20am
RE:RE:RE:RE:RE:Corporate presentation?
Hard to believe Lundin and Heppenstall would allow that. They already replaced one CEO here. Your analysis is flawed, or you do not have full info.
(26)
•••
alphadog67
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Comment by
alphadog67
on Dec 01, 2022 1:45am
RE:RE:RE:Corporate presentation?
Time to move on, Rick. The repetitive bashing from multiple accounts is pathetic.
(1)
•••
silverlinens
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Comment by
silverlinens
on Nov 30, 2022 5:12pm
RE:Corporate presentation?
It's Sodone at the helm so it's going to take a year, cost us ten million and fail fifty times before we see a PDF.
(26)
•••
alphadog67
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Comment by
alphadog67
on Nov 26, 2022 3:49pm
RE:RE:RE:RE:RE:RE:They blew it big time
The lady doth protest too much, methinks.
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