Africa Oil Corp. T.AOI

Alternate Symbol(s): AOIFF

Energy Oil & Gas E&P

Africa Oil Corp. is a Canadian oil and gas company with producing and development assets in deepwater Nigeria, an interest in the Venus light oil and associated gas discovery, offshore Namibia, and an exploration/appraisal portfolio in west and south of Africa. The Company holds its interests through direct ownership interests in concessions and through its shareholdings in investee companies, including Prime Oil & Gas Cooperatief U.A. (Prime); Impact Oil and Gas Limited (Impact); Africa Energy Corp. (Africa Energy), and Eco (Atlantic) Oil & Gas Limited (Eco). The Company is focused on its Nigerian assets, Namibian Orange Basin opportunity set (Blocks 2913B and 2912), Block 3B/4B in South Africa's Orange Basin, and Equatorial Guinean exploration blocks (EG-18 and EG-31). The Block 3B/4B covers an area of approximately 17,581 square kilometers (km2) within the Orange Basin offshore of the Republic of South Africa. The Company has approximately 17% interest in Block 3B/4B.

TSX:AOI - Post by User

Africa Oil Corp. > No dividends now 4+ months

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Comment by DAGUYon Apr 22, 2021 10:00am

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Post# 33043995

RE:No dividends now 4+ months

I hope you are right with some news on dividends etc.

To get investors wanting to buy the stock you need to have income or news on discoveries but if you are producing you should be announcing regular income. Investors don't want to sit and sit and sit waiting.

They have no-one saying this is a buy as you don't know anything. Stupid, shouldn't take this long to make some of these things (loan change, dividends etc) to happen. If you can't borrow at less than 15% in this environment there is somethign seriously wrong with your company.

Getting more frustrated.. Hoping to get my money back and get out!

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