RE:RE:RE:RE:$3M mth Net Profit on $30M mth ExpenditureSuppe11 wrote: firstworld wrote: Suppe11 wrote: Aoi was cf negative last Q and will probably be for the next Q. They'll have to pay 5 times overhead...Impact, Eog, Afe need money. Totally useless company structure. Total will cashcall Impact do death. Noone will buy their Venus interest for a premium.
Your comments about Vle are off anyway. You're under water with Aoi, that's all.
Haha my 100K AOI is avg 1.89 all free thanks to two VLE swing trades in 8 weeks and core holding at 1.20 that have swing trade for 5-20% profits several times in last year.
Math is hard: AOI Q2 EBITDA $110M
Buying into the various offerings is optional and not really material with their minority positions next to NOCs and super majors, in the context of their $1BN credit line and $170M cash.
VLE had to dilute SH 20% weeks after SG "non dilutive" statement just to come up with $20M LOL.
AOI directors have been buying up close to $1M in shares last weeks while VLE is zero eventhough they are residents in a very low tax juridstiction / money laundering haven.
\o:
Math is easy. The Ebitda was non cash. They made zero esrnings and the cf was negative. First oil in Nambia 2030. Noone will buy a minor Wi.
Only bs about Vle....the insiders there bought heavy.
Whatever you say LOL. VLE remains highly speulative woth no NOC or Super Major partners and probably will never have them since they seem to be black listed after refusing to fund Turkey next steps with Equinor. Bad Partner with massive integrity issues after stwo dilutikns weeks after " non dikutive" and the serious financial miscalculations requiring these emergency fund raising dilutions
Theres a reason the csuite quit and rest fled to Singapore LOL