Anglo African Oil & Gas Share Discussion Threads

[338] 12/9/2019 09:06

in it to win it 👍

[dodge_city] 12/9/2019 09:05

For success, they have to be successful.

[338] 12/9/2019 09:00

hxxps://simplywall.st/stocks/gb/energy/aim-aaog/anglo-african-oil-gas-shares/news/when-will-anglo-african-oil-gas-plc-lonaaog-become-profitable/

[338] 12/9/2019 08:51

Success in production can turnaround AAOG to be profitable in 2020

Anglo African Oil & Gas plc’s (LON:AAOG): Anglo African Oil & Gas plc, an oil and gas company, extracts and explores for natural resources in the United Kingdom and the Republic of the Congo. The UK£16m market-cap posted a loss in its most recent financial year of -UK£11.7m and a latest trailing-twelve-month loss of -UK£11.7m shrinking the gap between loss and breakeven. Many investors are wondering the rate at which AAOG will turn a profit, with the big question being “when will the company breakeven?” Below I will provide a high-level summary of the industry analysts’ expectations for AAOG.

Check out our latest analysis for Anglo African Oil & Gas

According to the industry analysts covering AAOG, breakeven is near. They anticipate the company to incur a final loss in 2019, before generating positive profits of UK£17m in 2020. So, AAOG is predicted to breakeven approximately a few months from now. What rate will AAOG have to grow year-on-year in order to breakeven on this date? Using a line of best fit, I calculated an average annual growth rate of 94%, which signals high confidence from analysts. Should the business grow at a slower rate, it will become profitable at a later date than expected.

[matunde24] 12/9/2019 08:15

His pop belly

[ianio5691] 12/9/2019 08:10

What exactly does DS bring to the party...?

[acuransx] 12/9/2019 07:38

All lies nothing going to shake share price until.DS goes...

[338] 12/9/2019 07:34

AAOG can now produce 800 b/d of light, sweet crude (39 - 41 API) with value of Brent, from upper horizons. Breakeven cost is only $35 per barrel.


they go for Djeno to produce
above 3000 b/d, where production and storage are in place with sufficient capacity.

The site of Tilapia is located close to multi-billion-barrel fields that include the ENI-operated Litchendjili field and the 5,000bopd Minsala Marine field.


The lower Mengo sands has gross contingent resources of 8.1m barrels and a deeper exploration prospect of 58.4m barrels.

At production rate of 2000 bopd and Brent $61 we can expect revenue of $45 million per year with margin of almost $20 million.

AAOG is very...very...very cheap at market cap of £9.2 million right now. 👍

[croxonopolis] 11/9/2019 21:05

Why has no one mentioned the 1.5 mil trade at 16.28pm? Here/Twitter or LSE?

See John Henry and I timed our re investment here along the same time.

[dodge_city] 11/9/2019 12:07

Were they hoping to spike the share price with this RNS to get another placing away.

[matunde24] 11/9/2019 11:20

Exactly... Draw ppl in... And rip them off again

[apache_dropout] 11/9/2019 11:09

They are going to sabotage the well.

[petroleum1] 11/9/2019 09:26

In the RNS:

"The isolation plug will be set in preparation for removal of the completion tree which will be replaced by subsurface apparatus more appropriate for drilling and to allow installation of the blow-out preventers ahead of the rig arriving on location."

The well is alive with high pressure oil from Djeno. This will allow the pressure to be bled off before removing completion tree and installing BOP's. No need to kill the well with drilling mud as the oil is leaking past 20 ft cement plug at bottom. This isolation plug can be drilled off with the drilling string.

[officerdigby] 11/9/2019 08:54

APF what happened to the regular govt repayments?

[apfindley] 11/9/2019 07:39

Strange. They slate this stock and talk it down...but they have an agenda to buy it heavily on the lows.The same people who talked it down end up being heavy buyers. You can see the demand on that piece of news, there is a lot of money waiting to pour into aaog....not such a bad company after all, as they've had you believe for several months.Rofl.

[n95] 11/9/2019 07:38

Up 13%, good start, back in profit soon!

[bad gateway] 11/9/2019 07:15

So the good news is starting. lol Hope they have a successful drill this time. Rewards could still be mouthwatering from these levels but can they get it right operationally this time?

[mesk1234] 10/9/2019 14:08

Another 300% and I'll break even.One of the worst companies i have ever invested in.

[apfindley] 10/9/2019 13:54

Is this where the concerned derampers go silent until they see where it stops, or they suddenly turn into rampers who know everything.

[ianio5691] 10/9/2019 13:09

Looking perky...

5% up!

Only another 200% and I'll be back even again!

[acuransx] 10/9/2019 11:36

Hey tampon you might have something here.Sorry if i offended you..i reckon you must know your stuff hence the patience and tech talk...i only say because AAOG has done 2 percent ;)