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Africa Oil Corp. T.AOI

Alternate Symbol(s):  AOIFF

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

Comment by firstworldon Aug 21, 2022 11:55am
146 Views
Post# 34910012

RE:RE:RE:Toptiger is a company man.

RE:RE:RE:Toptiger is a company man.Haha we should all be thankful for the Nazis and Nazi supporters it is their decisions alone that have driven Euro gas price to USD 410 bbl equivelant and oil to $130. Unfortunately for them, since March, 6 of their Nazi supporting leaders have either been kicked out or lost majority with Germany's Chanclelor now at lowest approval rating in the history of any German leader ever, incl Adolf. I bought in heavily at 1.20 and swung trade since then first on Nazi pandemic oppression and forced / coerced mass injections unwinding then on the Nazi actions. We now see oil at $90 bbl for the 10% of the world supporting Nazis and $70 bbl incl delivery for the 90% from the worlds 2nd largest exporter RU. When I see 90% of the world paying $70 bbl I'm out. I'll jump back in just before the 10% of the world Nazi supporters start to freeze and governments fall like dominos as they are removed by the electorate for ruining their lives over some third rate gangsters Nazis in backwater whole UA haha.
Suppe11 wrote: I'm not a big friend of muting. Firstworlds intentions are obvious...swing trades...and trying to talk Aoi down now, for the next swing. He should spend me $1 for every time he said the word "Nazi".

Malpeque2 thinks Aoi is undervalued and more or less should be taken private or unwind the company.
The market values Aoi for it's production only. With adjustments for country risk and size the market actually values the industry at $300m for 10k bbd. So Aoi is ""fair" valued in this regard.

Regarding the company interests...again...show me the money. Until now Aoi paid much money for the interests, but got nothing out of them (for years). 

Regarding Eco, Afe, Impact...they all play more, than they can chew. So their path is clear, dilution and/or sell. 


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