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Africa Energy Corp V.AFE

Alternate Symbol(s):  HPMCF

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 a 10% participating interest in the Exploration Rights 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 19,000 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

Comment by tadjames1on Jan 23, 2021 7:58pm
216 Views
Post# 32369409

RE:RE:RE:RE:RE:RE:RE:where did everybody go

RE:RE:RE:RE:RE:RE:RE:where did everybody go Obvious that efficiency is at higher rounds. I've been in this stock for years so I know at what levels they raised money at. The problem is that it never gained enough traction. The company now owns 10% of one of the top exploration plays in 2020 and the market has not responded. Why ?
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