Africa Energy Corp V.AFE

An Astute Observation

[silverlinens]

New 52 week low today at 16 cent!

[silverlinens]

Wow, Sodone finally got a bridge loan.Like our stupid azzes have been calling for the last 10 years. Amazing. What a champ. LOL.

[cjohansen76]

Yes, the bridge loan was a great move. It is a no-brainer to advance the development, but no one would borrow money earlier to fund exploration drilling...

[silverlinens]

That was. To the next: it's a completely idiotic idea to let someone that's built no value into the company and delivered nothing but failures to get tasked with develop something into production. LOL. Gotta be shatting me. LOL. 

[cjohansen76]

AFE has delivered two big discoveries, and I can't think of a better operator for African deepwater gas condensate developments than Total.

[silverlinens]

While what you say about Total is objectively correct, it's not for the average AFE shareholders been worth waiting 15 years and 1.5 billion shares. We've had a joke of a geo team that made money (60% chance of success after 5 years of study, wtf?!) Management made money. A lot of money while the rest of us made none. The rest of us, like the shareholders? The ones that's important to

[cjohansen76]

And Richard is back! Weren't you just banned again for bashing on CEO.ca? AFE started trading as a shell in 2015 (8 years ago). There are no guarantees in frontier exploration, but having two big discoveries is not a bad track record. Lundin and management are among the largest shareholders, so we're all in the same boat, waiting for the best exit. 

[silverlinens]

It's always Rick isn't it. The company changed name in 2015. Before that it spent 4-5 years producing nothing in Puntland. Maybe it'll change name in 2024 again! You in that case gonna say NewCo started trading as a shell in 2024 and let bygones be bygones? lol

[silverlinens]

oh, did you get banned chjohanson or did you remove your posts yourself?

[cjohansen76]

Still here, Richard. Or do you prefer billybob?