Anglo African Oil & Gas Share Discussion Threads

[apfindley] 29/11/2018 11:17

Certainly is. Going to be a make or break December. Hopefully there will be a desire to drop the pipe deeper and Into the vanji.

[pro_s2009] 29/11/2018 10:22

Warming up

[apfindley] 29/11/2018 09:54

Kaboooooom It springs back to life.

[babbler] 29/11/2018 09:41

Full ask now so tempted... Need to sell elsewhere first... Hmmm...

[croxonopolis] 29/11/2018 08:58

They are hoping now as much as we are. It's curtains for the share price and their options if they don't hit good flows. We all know that.

It's pure speculative risk now.

Just glad they put the message out there about Sandabel. You rarely see that happen. Kudos for that.

Good luck to all.

Thanks for reply Cash.

[cashandcard] 29/11/2018 08:51

crox,


I have to agree, it looks a proposition now, in hindsight they should never have gone down this route. I do wonder though, who will they turn to now? It does say they 'intend' so it maybe the case they are forced back to Sandobal facility IF they cannot arrange alternative financing in a reasonable timeframe.

I await the new financing first - I'll be happy to commit when its clear how they will move forwards.



Cash

[john henry] 29/11/2018 08:50

Convertible Loan Note would be their only option. LOL

[babbler] 29/11/2018 08:45

Same as every other risky drill share. But sell before if worried.'HYPE' will see this get close to 10p soon imo. Personally I'd sell pre result just in case.

[john henry] 29/11/2018 08:43

So what happens if the well doesnt live up to expectations where do they raise cash.

[babbler] 29/11/2018 08:38

Anyone selling now needs their head examined. Imo. With the dd gone and drills coming up it's heading back to 10p plus ramp ramp. Not in yet as no funds. :(

[croxonopolis] 29/11/2018 07:16

The Company does not intend to drawdown further on the Sandabel financing facility and is exploring alternative financing options.


They ruffled some feathers. Wow, An aimer with morals

Cash, surely you must be tempted now as it's the reason you bailed?

[thamestrader] 29/11/2018 04:57

Everyone knows whats there, in the upper (R1/R2) zones at least, and it's already priced in (minus the disasters of course). The only potential upside is if the deeper zones come in waaaaay better than expected, and with no extra operational and/or financial issues.

Gotta love drilling in Africa.

[honestmarty] 28/11/2018 18:19

Shyster loans are now out.

If Fatboy would leave I see a 20% rise.

The oil is still there.

[ianio5691] 28/11/2018 15:23

Bodes well....

Is something leaking...?
They may well be getting oil shows now.

Watch for the volume as those in the know buy in.

[gozo] 28/11/2018 14:59

Getting a lick on!

[tmmalik] 28/11/2018 14:47

Back to double digits tomorrow

[alexios1201] 28/11/2018 13:36

#AAOG ...last update ... we are close. Let there be Oil, Let there be plenty, let there be a Re-rate and Let there be no more CLNs ... the ball is in your court @angloafricanog make us long term suffering SHs happy.https://twitter.com/Belcourtoi/status/1067769390492524544?s=19

[sep800] 28/11/2018 11:33

There you go if anyone one waiting to get 9p plus here your'll be waiting a long time.
My advise earlier in an oil play would have got you 50% rise from this morning

[sep800] 28/11/2018 10:30

you can't disagree with the facts ! There has been too many deceitful games being played in milking this company by the BOD and now the shorting of the broker. Open your eyes.

[rmart] 28/11/2018 10:18

you sold up then start posting about how the share price should drop. - bad form.

Just sell up and go away. That is what you should do.

[sep800] 28/11/2018 10:14

You can mark me down as much as you want but from 38p down and drifting to 6p after spending £M's and nothing to show for it says it call.
If BOD decide to do a placing, then 3-5p would be the best the markets would offer hence why they have gone the CLN route
Fact don't lie

[sep800] 28/11/2018 10:08

ECHO .... news due in Dec so I have moved over from AAOG having realised that the CEO could of handled this much better. The cln's for me is a no at this stage, would of rather waited for the results before further funding. I see the current share price value with R1 & R2 factored in so not worth holding till new year before any real flow rates. I see this drifting to 5p due to the loss of confidence both in the broker and BOD.
So much positive in Echo at 6.5p, I bet Echo will reach 10p within a few weeks whilst this will remains at this level.
Not de-ramping just my opinion as I have lost all faith here when we have been told so many times we will not raise at present till after the drill. The fact is I believe the flow rates will not be what's expected and there fore BOD are getting funds for further drills as the markets will be disappointed with the flow rate results.
GLA

[themadstork] 27/11/2018 18:27

If anyone honestly thinks that Sefton didn't know exactly was going on then I have a bridge I'd like to sell them.