Anglo African Oil & Gas Share Discussion Threads

[timw3] 07/9/2017 00:21

well say what you like theres a persistant seller here and has been for many months now

[phoebusav] 06/9/2017 23:50

Selling this to trade UKOG? Are you serious? With the rig contract due any day, the spread and liquidity in AAOG could render that a disastrous move and for what? A punt on UKOG, the £318M wonder horse? UKOG requires an epic result at BB to justify its current market cap let alone a higher one. Even if the result is good can they replicate it away from the fault zone? Certain folks are questioning this. No doubt the market won’t care and ramp it higher squeezing poor old Lucian, but how sustainable is it? Still it’s nice they’ve finally started the extended flow test one week before the whole thing was originally due to end. Busy doing a sidetrack without telling the market and then still dragging their feet on flow testing. That said I did take a small position into the close and will trade the exuberance for a laugh, but that is all.

The easy money money was made when UKOG placed at 0.8p. Folks moaned the company was finished and I loaded up. Same with EME when folks shunned the open offer at 3.5p. Now it’s AAOG’s turn. Don’t look the gift horse in the mouth. We are lucky to have such a great opportunity.

AAOG and JOG are both drilling wells this quarter with the same overall COS. At the current enterprise values you are paying 106p per barrel for JOG’s Verbier drill and only 27.8p per barrel for AAOG’s TLP-103 drill. As we’ve said before AAOG is onshore, JOG isn’t. AAOG’s discoveries can go into production immediately, JOG’s can’t. AAOG has lots of cash, JOG doesn’t. Buying AAOG prior to their main event at these levels is a no brainer.

Elsewhere, EME also looks like a good play at the moment. With significant gas shows continuing at depth, the COS for a big find has increase significantly IMO and I think an increase in position size is warranted hence the accelerating share price We should see a big re-rate there if log results confirm some pay intervals, with another bigger push on flow rate news.

FRR also had a tantalising RNS this morning, with a rig mobilising to test it’s huge gas field in Georgia with results within a month. They’ve just done a placing and their share price was at rock bottom at yesterday’s close. Given the kind of following it often attracts, it too should do very well over the next few weeks.

All in all AAOG is one of a handful of oil stocks that should really outperform over the next few weeks. Don’t miss out. GLA

[timw3] 06/9/2017 21:35

seller still here.

Also rekon there will be a few sellers tomm looking to trade the UKOG news.

[ileeman] 06/9/2017 20:32

Same with all of AIM people see red and they get 'antzy', nothing has changed bit of patience will go a long way.

Look at EME months and months of nothing, as soon as they get drill dates it went nuts.

We will get drill dates in very very soon + workover update no doubt.

[guyswonga74] 06/9/2017 17:13

I just think its impatience from PIs

[purple11] 06/9/2017 16:45

wonder if zengas dumped his 17s at 26 .50%return

[guyswonga74] 06/9/2017 16:10

Seems to be a seller dumping in 40k lots over the last few days

[aimmafia] 06/9/2017 14:07

Can't people just hold onto their shares for just 5 minutes ?

[sportbilly1976] 06/9/2017 11:49

CF presumably are selling out completely and will only rns once complete (most likely sub 3% already) - makes a mockery of the reporting thresholds imo but there we go!

[purple11] 06/9/2017 11:35

like we know though in aim
anything can happen and anything can change in a blink of an eye gl

[purple11] 06/9/2017 11:25

oils down pro just tracking......

[aimmafia] 06/9/2017 11:23

Still no CF rns, im assuming someone else must be dumping as well then. Selling is relentless

[the brex pistols] 06/9/2017 11:22

We are adding now. It's a gift we think!

[purple11] 06/9/2017 11:21

enuf interest to clear cf though

haha

[purple11] 06/9/2017 11:20

not lie the ole days
but then oil aint 120.......

[purple11] 06/9/2017 11:15

no interest runway.....

I agree boring init.at

[would be rude not to] 06/9/2017 09:10

Expect great things here.

[ileeman] 05/9/2017 15:42

Good, their loss.

Selling pre news and into drill window. Bad idea.

[timw3] 05/9/2017 15:41

constant seller !

[purple11] 05/9/2017 15:35

definetly maybe

[novicetrade68] 05/9/2017 11:55

An update on 101 could come anytime as well?