Africa Oil Corp. T.AOI

hedging

[Rsoleblocka]

I sit the fact that AOI is hedged so low that is resulting in stagnant share price while others thrive?

[Hope4Best779]

They are hedged until april 2022. Nothing after that. So that's not an issue.

[toptiger]

he's just another loser troll with no money so just ignore one of the many

[Rsoleblocka]

Pardon me it was a simple honest question...you must have not gotten enough love as a child and now all you can derive pleasure from is money...you are likely overwieght your wife left you and you jer k  off to mid get porn...have a great day loser

[Rsoleblocka]

i hit the block loser button for this moron

[Rsoleblocka]

Thank you, I appreciate the response.

[firstworld]

Likely Africa / Nigeria risk perception since it was in the media recently that many super majors and majors are exiting Nigera die to massive oil thefts from pipelines. Clearly the hedge is a large part of the vaualtion. Also, everyomne seeing that  USA gasoline inventory builds are up 50% every week and drawdowns 50% less than the wise analyst projections. IMO the oil bubble will pop soon

[DAGUY]

From what they said, giving the debt and banks, they had to hedge for the banks sake.. 6 more shipments this year hedged at average 69.00 and hedging off end of April. So we have 6 shipments before the end of April, and if they are 1M barrels each that is almost $400M, $200M for AOI.. Then they can get more for the rest of the year pending what oil does. 

[toptiger]

I don't know why you post, far too truthful and accurate for the rest of the idiots on here Correct, and then we jump at least 15 dollars a barrel Would be very shocked if they don't hedge at least remaining 50 percent after April, maybe more

[gggggTDGreen05]

I would agree, I hope they lock in some of this $87-88 barrels.  The FED will have to act on inflation by raising rates... this could cool off the markets and who knows if that will put a dent in oil demand/consumption... the market can change on a dime.  I would be pissed if oil drops to the 60's  and Keith decided to go fully unhedged 

[DAGUY]

Would be nice to be hedged a lot higher if oil goes down.  remember though that it is Prime that would have to hedge and AOI only owns 1/2 of Prime..  I think about 1 month for Q4, can't wait.. 

[Lonegaurdian19]

Hedging is tricky, the whole point is stability rather than speculation. This is evident in how we survived 2020 but arnt getting spot in 2021. I could see prime beginning to hedge further at current prices which would be a positive. However, it seems as though Keith is hardly pushing for this. As things stand AOI and it's lenders are okay with the situation. Hard to pick a top or bottom

[Rsoleblocka]

Thanks everyone for your insightful responses. I have been in this stock for a long time and almost sold years ago at 10 but got greedy.  Best of luck.

[Lonegaurdian19]

Not sure it will help or not but look at prime as more or less super high yielding bond. It's the main source of cash bust very lucrative and relatively safe. It is also the trunk of the tree of sorts. If you think the investments/branches will bear fruit your good speculating, if not this is a future cash cow/ dividend play

[firstworld]

AOI is so cheap....one could always buy welfare reliant company for 50-500% more LOL.