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.

TSXV:AFE - Post by User

Africa Energy Corp > Pareto Securities Report

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Comment by misterroachayon Oct 29, 2020 7:15am

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Post# 31801731

RE:RE:RE:Pareto Securities Report

Sorry in advance for my lack of understanding.

Does this mean the target price of 4 SEK is when all prospects have been proven or when they have "monetized"? When do they think the target will be achieved? If 4 SEK is all this stock is going to meet, my champagne will never leave the ice (or maybe only to drown my sorrows)

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