RE:RE:RE:RE:Just Fire KH
Your last post is better in the sense you actually address some of the issues, instead of your usual ranting
Also, let me say that I am as frustrated as anyone at the lack of progress and really thought that in Q4/22 at least some of the catalysts would have been 'deals done'. But nothing. You need a lot of patience to invest in AOI and I am not sure you have enough of it.
Let me discuss a few issues:
1. AOI is not in control of most of the decision making. For example, they are only a 25% partner in Kenya. Tullow has 50% and Total has the other 25%.
2. Even in 11B/12B, Total have not been able to negotiate the gas off-take agreement with the SA govt.
3. AOI only holds a minority interest in the Nigerian fields and the licence issues with the Govt of Nigeria is holding up the refinancing of the RBL etc. I suspect its holding up any potential purchase of another producing asset as well as other things
LG19..can you provide any specific examples where my Dad..sorry I mean Keith Hill ..has fallen short for things within his control
I look forward to hearing what you have to say on that