RE:RE:RE:Actually, i might be the moronJust to note i am long AOI. I too am a little disappointed but you don't give away all your money in dividends if you are hoping to buy more production (noting that it will take a lot to get something with oil at these prices).
You have to remember the guidance i believe was based on $73 oil, so should be better than the guidance. I also think that being a junior oil producer you won't get 100% of the oil price as you are not a big shot in the market. I am hoping they average closer to 85 by the end of the year (remember first 4 months are around 69.00 hedged).
I wouldn't mind seeing 1/2 the money in Prime going to pay down the debt. And if they can get another production great.
With Venus if we have 6.2% as it states, over 3B boe, that is over 184Mboe for AOI. Even if you take $5.00 in the ground that is over 900M stake.. That is almost $2.00 a share! And thinking that this oil should get to production way quicker than anything on land in Africa with how slow things move like Kenya..
Hoping for a good presentation and great answers to questiosn on the conference call and people re-think all their selling... Hey, a lot of people have made a great profit from the lows... I still believe they are worth closer to $5.00 than $2.00
JMO
Good luck to everyone.