Africa Energy Corp V.AFE

Break even

[misterroachay]

Finally.... after 8 years!

[misterroachay]

Shame there no volume!

[argaiv]

You are lucky you got back to break even.  I owned this stock when they first drilled in Somalia.  I am surpirsed at the share price and they number of shares outstanding.  They must be on to something.

[misterroachay]

Hi Argaiv, I bought in Somalia and averaged down over the years. I refused to sell as I know there will eventually be an upside. I believe that time to be now. Curious to see what others think the share price will be after 11B/12B. Some say $0.60 other over a dollar $1. I'm glad it's now moving in the right direction. I feel very positive about this now the likes of Total and QP are

[trendcetter]

I bought at $1.20 in the Puntland days and been holding ever since.  Never averaged down. =[

[misterroachay]

$1.40 @ Puntland silly me.

[misterroachay]

Will be happy to offload this trash. 

[SBaker]

Always sorry to hear of losses and I've suffered on lots of occasions. I'm more positive than some and my gut feel is to hang on for a few months more. What gives me confidence is not just the fact that Brulpadda found hydrocarbons but more importantly this will have allowed the DHI to be calibrated for the remaining prospects. In a similar analogue to Exxon in Guyana those DHI's give

[tadjames1]

In the long run, it doesn't matter how the stock market reacts. What matters is how much a buyer wants to pay for 5% of the acreage. I'm just hanging on until a deal is made and either cash or someone else's shares are in my account.

[tadjames1]

Unless we get really bad Covid related news and we see another major correction ( which I think we will ) and if Luiperd is a success, I think we may see a dollar.