Africa Oil Corp. T.AOI

Interesting time for a dividend

[DAGUY]

Normally we get them just before the end of the quarter. Not a huge dividend, under 10% of cash at end of Q1. Still wainting on some important stuff to happen...

[firstworld]

Have been every 2-3 mths 40-100M.  25M is a joke ...more of an insult to SH.  Looks like today was pump before dump...again haha

[papaloapan]

Present policy is semi-annual, which means next dividend September, unless they amend the policy.  I believe they will, but probably not yet.

[DAGUY]

sorry I was talking about the dividend from prime to aoi.

[papaloapan]

Sorry.  My bad.  I should have realized that.

[firstworld]

I imagine if they get $100M ate they wouls increase div next year. RU will have UA goals achieved by end of June or July so its very possible oil drops to $75. I am only swing trade O&G now its suck a massive bubble just going for quick wins.

[Lonegaurdian19]

Russia could throw down its arms today and still be under the same sanctions for years........ Humpty Dumpty had a great fall  There are very few catalysts that would see meaningful increase in supply and summer driving season is upon us

[firstworld]

Unlawful sanctions (not UN) from a group of 30 or so broke countries of only 900M population, a mere 11% of global population, means nothing. Europe already fragmenting admitting can't ban RU oil and gas without destroying their economies while rising powers getting oil and gas at 40-85% discount becoming even more competitive. The idiots already admitted they are out of ammo....no more for UA

[Lonegaurdian19]

I'm sure the average Russian is thrilled with 17% inflation and a -16% gdp growth rate. Y'all you'd elect Yukashenko as your next interim president. Two idiots joined at the hip

[firstworld]

Last I saw people can still visit the kremlin while Canadian Nazi supporters have the entire parliament ground sealed off, as of last week, LOL. Yukashenko would be an improvement over JT Adolf and since Canada is the land of criminal refugees, white helmet war crimes contractors and economic refugees he will be welcome haha. RU inflation is only 11% while Canadas is 16% when measured on equal