Afentra Share Discussion Threads

[dcarn] 08/9/2023 09:49

Does anyone know if that's an onshore or offshore well?

[onedayrodders] 08/9/2023 09:10

Smack .. can you kindly elaborate

[smackeraim] 07/9/2023 13:24

Seen Crcl Sonagol related spud? Completely passed me by that one until today

[otemple3] 04/9/2023 16:06

I don't think the military tend to advertise these things in advance so no one really knowsIt's stable for Africa as far as I am aware, but that's not saying much

[dilip40] 04/9/2023 10:26

lot of coups in sub shahran africa mali niger chad etc.
does anyone know what the political situation is in angola ie risk of army coup

[wbodger] 10/8/2023 19:03

hxxps://www.occrp.org/en/paradisepapers/kazakhstans-secret-billionaires

[palisz] 08/8/2023 08:30

[...]
Afentra PLC CEO Paul McDade spoke to
@PetroleumEcon
about the progress with its transactions offshore Angola, and its growth ambitions in Angola and Africa.

[coldjoe] 01/8/2023 21:02

Very exciting read!

"This is a medium-term game, it's not one deal and that's it. It's about a conveyor belt of deals -- and we've got to be selective," McDade said. "We're looking at lots of things... We might miss some things, we might choose not to do them because the value is not right, but there will be plenty."

hxxps://www.spglobal.com/commodityinsights/en/market-insights/latest-news/oil/080123-interview-afentra-ceo-eyes-conveyor-belt-of-deals-as-majors-retreat-from-mature-african-basins?fbclid=iwar14lpa2720dyvteaokelwtwu_owptazwaxhnsxtlhtz7wu-mk5c-r7awis

[astralvision] 26/7/2023 14:54

Ok, what's happened is Askar Alshinbayez , who owned 11.96%, has bought YF Finance stake of 9.9% and AA now owns 21.86%

the above two are known to each other through Meridian Capital

Askar Alshinbayev

Yevgeniy Feld

[noramping] 26/7/2023 14:32

Astral, insider trading ? Looks fishy to me.

[astralvision] 26/7/2023 09:43

Looks like YF finance have sold their stake to Askar Alshinbayev, who now owns a very significant stake.Any comments from those that may know a bit more about the situation?

[coldjoe] 21/7/2023 20:22

Have a look at the video presentation about the latest aquisition. Main points are that Sonagol was very supportive about the adjustment to the original transaction + Paul said they were very close to getting approval from the regulator but then they changed the the %. Overall very positive. Let's hope for a nice mark up on restoration in October. One would expect at least 30p.

[wbodger] 21/7/2023 14:16

"... until such time as either ... or ... etc"

If they can't get a signature it doesn't go ahead. Couldn't be any clearer.

I would have like more certainty than "we expect both transactions to complete in Q4". We've waited a long time already for approval of the Sonangol acquisition. Wasn't it expected in Q2?

Can't do much now though. (Dodgy to allow itk traders to exit without RNSing the reason for the delay while it was trading.)

[extrader] 21/7/2023 13:43

"I don't need artificial intelligence to make money, I do well enough out of natural stupidity"

[otemple3] 20/7/2023 14:52

Think you are missing the meaning of 'either' in the statement

[dilip40] 20/7/2023 13:37

dont understand states both aqusitions are not proceeding
and then expects both to complete q4 2023

[onedayrodders] 20/7/2023 13:03

hubs, it's in the RNS ..

In accordance with the AIM Rules for Companies, the Company's ordinary shares will be suspended from trading on AIM with effect from 7:30 a.m. today. Trading in the Company's ordinary shares will remain suspended until such time as either an admission document is published, or an announcement is released confirming that the Amended Sonangol Acquisition and the Azule Acquisition are not proceeding. The Company expects to publish the Admission Document in early Q4 2023, with both the Azule Acquisition and the Amended Sonangol Acquisition being subject to shareholder approval thereafter. We now expect both transactions to complete, subject to shareholder approval, in Q4 2023.

[hubs] 20/7/2023 09:10

Anyone any good reasons why the suspension? The deal seems excellent, but not sure why....

[linz22] 19/7/2023 11:29

Anything from today's presentation, or still underway?

[noramping] 19/7/2023 10:48

Some predicted suspension (not me) , time will tell if market approves in a few months.