Anglo African Oil & Gas Share Discussion Threads

[money4me] 25/7/2018 15:53

creeping up

[ammu12] 25/7/2018 08:55

Another blue day?

[pinkfoot2] 25/7/2018 07:29

Well I have a lot more than £20k in this so let’s see where we end up in 3 months time.

[cashandcard] 25/7/2018 00:34

Pinkfoot,Exactly. Presence of oil alone is no measure of success. Just look at the workover failures and slow progress this company experienced lastyear. Which is why they are drilling a year late. High risk high reward. Neo,Subject to a successful outcome in Mengo and Djeno, heading towards a £. Djeno is the biggest prize, but the riskiest because it's exploration.Cash

[neo26] 24/7/2018 22:38

cash and card are we talking £'s or shares?

LW425

nothing is certain but i do see value here, Aaog purchased the acreage at the right time when oil was low, the acreage they bought was a producing one with proven hydrocarbons. Forget your £7.50 that will not happen, R1/r2 and mengo are looking extremely good, which can put the share price over 40p should the djeno the lower zone come in the we are talking £1+.

imho

[lw425] 24/7/2018 19:14

4 drill phases = up to 750p a share price potential!

How many baggers would that be?

65 times!

10k would be worth 650k!

20k would be worth 1.3m!!

Just saying!

[lw425] 24/7/2018 19:13

We are actually three weeks ahead of schedule as rig is now onsite.

[pazzuzu] 24/7/2018 19:03

My point being cashandcard, if someone make sit they are a professional and agree their advice can be relied on they can be sued if it transpired to bad advice, I was trying to subtly point out stupid inane comments like 'everyone put all your money in' are potentially quit dangerous.

[pinkfoot2] 24/7/2018 18:44

Indeed-I would refer all to the Finncap view on life which is based on verified facts.The last 12 months should be a lesson to all that even verified facts are useless if they are not executed properly

[cashandcard] 24/7/2018 18:27

Only IFA's are accredited to offer financial advice. Frankly, risking substantial sums like that on AIM/Smallcap is a very very high risk strategy. 10-20k maybe small for seasoned investors or traders, but certainly not your average Joe just having a punt.I am an investor here, small position. But would certainly refrain from offering advice to buy this. Any number of issues could crop up downhole, that's regardless of whether oil is successfully appraised as they plan.Cash

[pazzuzu] 24/7/2018 17:22

Thanks for that advice LW425, is that your professional advice, and should people feel comfortable relying on it as investment advice?

[lw425] 24/7/2018 17:06

I love these high impact drills where the upside is 10 times or more.

In the case of AAOG it could be 30 times or more.

Expect the shares to rerate real soon.

Throw in say 10k or 20k and maybe make enough to buy a house for you or a family member or perhaps a retirement fund?

Opportunities like this come along once in a blue moon.

Just a few KM's away is a billion barrel field with proven flow rates of 5000+ a day.

[neo26] 24/7/2018 15:51

the graph is showing the share price is about to have a serious rerate.

[pro_s2009] 24/7/2018 14:53

If you not following AAOG on Twitter, you should.

Lots of updates and photos of present progress.



.

[tallprawn] 24/7/2018 10:22

Pretty much all buys today - Chart looks primed for a nice ride up north from here.Let's get that drill turning.

[costax1654x] 24/7/2018 08:34

11.87 to buy now

[money4me] 24/7/2018 07:32

could be drilling soon now customs is clear. move to site and rig up.game on...

[someuwin] 23/7/2018 09:53

Bought back in today.

[magicmayhem] 23/7/2018 09:02

Both of my buys this morning have gone through as sells.

[lw425] 22/7/2018 17:32

Incredible upside considering one the the targetted intervals flows at 5000 barrels a day on a licence block only a few KM's from our drill site.

Imagine the cash flow and dividends. We're talking about transforming into a FTSE 250 company overnight!

Retail shareholders could be made millionaires.

[lw425] 22/7/2018 17:30

162m shares only with 40% not in public hands.

More like a bun fight to acquire when we start the real rise into the 20's.

[pinkfoot2] 22/7/2018 17:17

Let’s not get too carried away all-the upside is massive but we have a lot more shares in issue.Im incredibly bullish about this company and all the sins of the past have been cleared away

[lw425] 22/7/2018 16:59

T-103 timescale/progress, target price of up to 75p only from LOW RISK Mengo and up to 241p on proven Djeno sand. Potential of up to 750p with vandji!

[cashandcard] 22/7/2018 16:18

"The Company has data from an earlier test well into the Mengo Sands that indicates producible hydrocarbons and therefore this part of the first new well is classified as appraisal.  The Company has seismic and other data which suggests the possibility of producible hydrocarbons in the Djeno Sands, and therefore this deepest part of the first new well is classified as exploration.  Depending on the results achieved from drilling into the Mengo and Djeno Sands, there is also a further, deeper horizon, the Vanji, which the Company may also target.  The first of these new wells, TLP-103, will be drilled during the summer of 2018, with the result of the well due in late Q3/18"Cash

[ammu12] 22/7/2018 14:53

Expecting this to break 13p+ this week