Post by
jd43xl on Oct 10, 2014 3:49pm
My only worry
We get a second "news" release after the close, saying the dividend is history. Considering the problems with AGIP, the oil needed to fill the Umugini line, the obvious delay in making any money from the new pipeline, and all of the drilling expenses, I doubt they have the money to pay the dividend.
Comment by
gibbonsj on Oct 10, 2014 3:52pm
you might consider adding mental health to your worries.
Comment by
Fastguy69 on Oct 11, 2014 7:40pm
The oil used to commission the pipeline would be a drop compared to the pipeline losses we experience. So no worries there!
Comment by
jd43xl on Oct 12, 2014 7:48am
Really? Did you calculate how much oil it would take to fill Umugini? I think you may be surprised at the number. To help you out, 1 ft3 = .17811 bbls
Comment by
freedom-1970 on Oct 12, 2014 11:24am
Sounds like we had pre game announcement's, Now let's turn the pumps on and get the show on the road! We made it fellow shareholder's.