West African Share Discussion Threads

[longsight] 24/7/2012 12:06

Strange really - the only other Cos to find commercial DSO in Cameroon are AFF & SDL - & SDL need to mix their DSO with that from the Congo deposit to get a saleable product. AFF's resource has taken quite a long time to prove up & is as yet fairly small. I listened carefully to the interview & found no detail at all as to why they are so confident that they will find so much DSO when everyone else thus far hasn't. If they had say US$100m + then maybe with luck they cd prove up a decent resource quickly but as things stand this Co just doesn't have the cash to drill aggressively. Amazed that the CEO didn't even state how many rigs they have!!

[deltrotter] 24/7/2012 11:57

Yeah, it will only take them 3-4 months LS and all they need to do is stick the stuff on a boat.

[longsight] 24/7/2012 11:56

I wonder how long the cash will last? I reckon they might need to do a further placing by September latest. nai, dyor

[longsight] 24/7/2012 11:55

Yup - I watched that. First drilling in July but the CEO seems to be suggesting that they will drill all 30 targets. Is he joking?

[deltrotter] 24/7/2012 11:49

Tx Someuwin - I hadn't realised these guys haven't even started drilling in Cameroon yet. Crikey.

[theprovosts] 23/7/2012 13:57

Interesting article pinched from the BZM board.

These will be sub 80p soon, and will stay there imho.

China property bubble about to burst?



GLA (ps, dont sell too low)

[oldvic] 17/7/2012 17:56

sorry
should have read
hold on tight
big boy !

[deltrotter] 17/7/2012 10:13

someuwin

;-)

[someuwin] 17/7/2012 10:12

Maximum buy quote only 3,750 shares!

[oldvic] 17/7/2012 10:07

hold on tight
big buys

[deltrotter] 17/7/2012 09:45

Are you compiling the list for G78 over on AFF someuwin?

;-)

[someuwin] 17/7/2012 09:43

Either way - it's moving up.

[paddyfool] 17/7/2012 07:58

What makes you think it isnt?

[someuwin] 17/7/2012 07:51

What makes you think that is WAFM?

[paddyfool] 17/7/2012 07:46

Looks like they are recruiting a West African CEO

[kristini2] 16/7/2012 19:45

read some j mellon the other day;

referred to dattels his partner as being 'lucky', i don't think even jim can beleive the price action here!

[kristini2] 16/7/2012 19:43

arf, you sore 'cos you sold out at 10p?

[arf dysg] 16/7/2012 15:33

Glib soundbites are a lot easier than grab samples.

[longsight] 16/7/2012 15:19

Anyone know why Dattels hasn't arranged any grab samples. Just a detail I guess. Nothing to worry about, I suppose. I know it is usual to get grab samples but maybe Dattels doesn't know that sort of stuff. Never mind. Onwards & upwards!!

What's the next share price target guys?

[longsight] 16/7/2012 14:07

Still no news from Dattels on the drilling plan. Just a detail - I guess. Nothing to worry about at all. dyor - blue sky stuff, I suppose

AFF up a bit more now. Up 7.2% on the day on strong volume. dyor.

[parthus] 16/7/2012 12:13

Arf:

More to the point... beware of Greeks wearing lifts....

[longsight] 16/7/2012 11:35

Yes up another .7% today - exciting times. Sky the limit. Blue sky stock. Could go to £20 easily from here etc etc. Shame the BOD don't appear to have a plan for exploration - never mind - pure detail, old boy.

Meanwhile AFF disappoints again - only up by 5.2% today.