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Bullboard - Stock Discussion Forum Africa Oil Corp. T.AOI

Alternate Symbol(s):  AOIFF

Africa Oil Corp. is a Canadian oil and gas company with producing and development assets in deepwater Nigeria, an interest in the Venus light oil and associated gas discovery, offshore Namibia, and an exploration/appraisal portfolio in west and south of Africa. The Company holds its interests through direct ownership interests in concessions and through its shareholdings in investee companies... see more

TSX:AOI - Post Discussion

Africa Oil Corp. > SA development plan.....
View:
Post by Ebenizer3 on Aug 19, 2022 1:38pm

SA development plan.....

https://www.bloomberg.com/news/articles/2022-08-19/south-africa-confident-over-totalenergies-gas-development-plan
Comment by Malpeque2 on Aug 19, 2022 2:18pm
There is some optionality right there to be SOLD by a owner of the company.   Sell the Africa Energy stake.   We could sell it and do a SIB for 20% of the stock with the proceeds and the existing cash......easily. It's called a Modified Dutch Auction.    People do it all the time.    Witness International Petroleum Corp. E-L Financial (ELF).
Comment by Ferryboy on Aug 19, 2022 3:56pm
Thanks for posting As I said the other day, there are a handful of guys on here who post useful information ..
Comment by toptiger on Aug 20, 2022 5:47am
just started some more filtering, got rid of that malpueqe idiot or whatever he is called.
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