Aoi (Regs) Share Discussion Threads

[fraserdean] 08/7/2013 14:49

Could well be but it's still pretty odd movements considering last week's news and upgrades, still it's far from a perfect market and those who can wait win.

[exmooroil] 08/7/2013 10:15

Could be that the market is discounting the prospect of another placing later this year. There was C$237m cash at 31st March, but the JV now has 3 rigs contracted in Kenya and a further one in Ethiopia. There could be another 2 rigs contracted during 2014, dependent upon drilling results.

[meljohn] 05/7/2013 15:28

"... tip top news, extra reserves, new find and proving up new petroleum system, positive in all three ways."

And we're back below $7.

Crazy ...

[fraserdean] 04/7/2013 11:36

Yup, tip top news, extra reserves, new find and proving up new petroleum system, positive in all three ways. Bad day for small explorers yesterday but still very odd movement after 12% rise for most of the morning.

[juju44] 03/7/2013 20:56

disappointing here tonight

[robochubby] 03/7/2013 20:38

Mixed results!

[fraserdean] 03/7/2013 18:29

indeed, very poor

[juju44] 03/7/2013 17:53

damp squib in Canada

[cashandcard] 03/7/2013 10:57

Very good news overall. Maybe more luck with second Ethiopia well.


Cash

[juju44] 03/7/2013 10:53

up 11% in Sweden

[arthurly] 03/7/2013 09:47

The only bright spot on a poor market day.

[fraserdean] 03/7/2013 08:54

Mixed? Couldn't be much better, excellent resutlts.

[juju44] 03/7/2013 08:16

KENYA news is positive - good for AOI

[robochubby] 03/7/2013 07:14

Mixed results - it will be very interesting to see which way the share price goes.

[juju44] 02/7/2013 20:18

i think it will be positive and helpful to AOI

[eipgam] 02/7/2013 19:12

seems that some AOI holders are wary of the TLW update tomorrow

[marty51] 29/6/2013 21:39

Warnado 1 located in the Phillipines........ now add in the mental issues and obssesive behaviour, non stop arguing and Id say we have a full blown Glitter holding AOI.

Warnado.....youre out there for the under age exploitation arent you?

tall, thin.. gangly specs and a bad attitude, coupled with kids who have disowned him....dear oh dear.

Lonely old man

[fraserdean] 25/6/2013 11:39

That would be the statistically logical conclusion captain cash, nice to get some more drilling in the proven play and start firming up some reserves figures though, gonna be a year or two of patience here methinks.

[cashandcard] 25/6/2013 09:12

fraserdean,

I think it will be good mixed with bad. I reckon Ngamia will be positive, Sabisa not as good as expected and (possibly) an early update on Etuko.

Cash

[fraserdean] 25/6/2013 09:09

And still we wait. It's either good news or bad news methinks. although there is a possibility of inconclusive news.

[eipgam] 12/6/2013 15:51

exciting few weeks ahead (or perhaps disappointing?)... but I'm holding in hope. Thanks Cash

[cashandcard] 12/6/2013 13:46

Saw this on stockhouse BB:

----------------------------------------------------------

AFRICA OIL: NOMURA BUY REC, AFTER ROADSHOW
08:00
STOCKHOLM (AFX) Investment bank Nomura has recently implemented a so-called road show with investors together with Africa Oil's director of business development, James Phillips.

The bank claims to have gained greater clarity in terms of the timing of important corporate events in the coming months, and reiterates its buy recommendation and price target of 88 dollars for Africa Oil.

From an analysis comment dated June 12.

Results of test drilling at Ngamia-well in Kenya is expected according to the Bank within two weeks. Tests were carried out in zones 1 to 4, but is still in zone 5, writes Nomura.

Results from the Ethiopian Sabisa-well, where Tullow is the operator, is expected to arrive within seven to ten days.

Nomura further estimates that the test results from Etuko-well, also in Kenya, should be available for approximately 45 days.

In August or September expected an update to the company's total assets in Kenya and Ethiopia
Read more at hxxp://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=32664083&l=0&r=0&s=aoi&t=LIST#q42YTSkSZ0tKvqSk.99

hxxp://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=32664083&l=0&r=0&s=aoi&t=LIST

-----------------------------------------------------

The above should read as 88 SEK (not Dollars). 88SEK is equal to CAD$13.67 per share.


Cash