Africa Energy Corp V.AFE

why u guys celebrating

[cueball40]

its getting killed in Stockholm down over 8%    duhhh


https://finance.yahoo.com/quote/AEC.ST?p=AEC.ST&.tsrc=fin-srch

[SBaker]

yes, sadly just saw that and stockholm dosen't like the news.......... A great result which has the CEO thrilled but is not popular with the stock market........you could not write the script. frustrated and gutted if the stock market doesn't like it.

[misterroachay]

I find this all very bizarre 

[Capetonian]

Today's news isn't bad. I think what we're seeing is some pure exploration play investors exiting. It's interesting that no volumes were reported. 73m of net pay is impressive and I'd say the volume is sifficient to contemplate EWT and commercialization discussions. It could be that the volume is profoundly eyewatering, but Total are keeping that fact quiet whilst they assess

[Capetonian]

Source: https://www.swedbank-aktiellt.se/ovrigt/direkt.csp STOCKHOLM (Nyhetsbyrn Direkt) That Africa Energy encountered gas condensate finds at Leopard, which was clearly larger than at the Brulpadda, has made the operator Total feels confident that the volumes are large enough to the project can now enter the development phase, which is why it has chosen to stop the exploration well