Member Info for BJoe

Quiggers52 - What you are now saying is a very different story to your post dated Mar. 20th.

After a very long buildup of pros & cons your conclusion was:

" Most probable transaction value : 260-320 GBp/share"; & you then justify this with your rational !!

What's happened to cause this very much more pessimistic view ??

Why the five Form 8.5's recorded by Jefferies (Buys/Sales of equal no. shares) since appointment to act for AFN??

Any ideas ?

No amount of good news seems to have any positive effect on the SP.

Complete mystery why it continues to trade at such a low level below its very real value. Even slides backwards on the latest confirmation of current & foreseeable near term increased production.

Very odd imho !!

Investormeetcompany.com says Interim Results date : 12 Sept. ??

Offical release of Results expected on Wed. this week.

With all the good news due to be confirmed shortly it is rather strange the SP has not improved much.

Plus so far today all SP movement has been on the sell side.

Any ideas ???

What news from the Trading Update Meeting - I was not able to listen in.

Anything new or in the pipeline to speak off?

Certainly hasn't done anything for the share price.

Insight would be appreciated.

GLA

Any ideas on why the change of the NOMAD ??

Any news about 'Final crude cargo (~550,000 bbls) planned for Q4 2024' ?

Agreed re. capex but the continuous revenue flows being generated (which are set to increase) should easily finance these operations.

Ergo the continued backward slid in the SP is an unjustified anomaly.

imho

As far as I know liftings are generally 60/40 AET/M&P. Also 20% goes in tax + say another 20% in overheads. At the end cash to AET will probably be about 23m. Still Vgood & should wipe out debts by the next lifting. Something to look forward to & no doubt the next Fin. Report & Half year results will give more details. GLA

Any news/ ideas of when this might be happening ??

I expect some interesting questions to be asked at this online forum & also some rather important news updates on AET current activities & future A&E.

Should result in an upward movement in the SP.

GLA

More realistic is probably that the SP will make 70p by the end of this year & 100p end of next year.

Dependent on what new deal(s) come through in the meantime.

Never forgetting McDade's stated aim to start paying a dividend by 2026!!

IMHO/GLA

Shorters selling out to cover their losses but SP very resilient before moving up.

2023 Final Results due out 16/05/2024.

Azule completion including the asset cashflow from the 1 October 2022 effective date! Should be a tidy sum from 19+ months of oil at $80 + pb.

All looks pretty good to me. GLA

Tanker Delta Blue arrived at Palanca. Should soon start loading Azule (AET) oil shortly.

RNS likely either this or next week for sure.

GLA

The presentation by McDade was in Feb. so he is talking about March for Azule deal to conclude

Consolidated SP at 40+. On to upper 40's on Azule completion imho!

McDade 2023 said dividend expected in 3yrs, - 2026

D172 - Can you copy paste the article please?

Sale of approximately 450,000 bbl (300,00 bbl year end 2023 + 150,000) scheduled for late February 2024.

Afentra will :

- provide a further financial update at the time of Azule completion estimated to take place in late Q1 2024.

- host an investor presentation via the Investor Meet Company platform in late Q1, with a date to be set in due course.

imho it looks like about mid-March for the above events.