The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Morgan, I'm confident that on this occassion he will deliver transformational news.
30p + is on its way
Mr Aim, I rarely agree with anything you post. However, your post below is spot on. DS needs to start delivering positive news that will generate value for shareholders.
1 million share buy has been purchased by an institution or HNWI. Speaks volumes as to where we all know this will be heading very shortly. Nice buy in price as well.
That with the imminent arrival of transformational news we are sitting at Sub 10p.
Hurricane's SP has not been held back. Despite having no oil and no revenue their market cap is 1 Billion. 50 times as much ss AAOG's.
TipTop, Your posts unlike the majority on here are informative and most welcome. Greatly appreciated from this end.
We can certainly hit the 30p + range in the short term. 50p would be most welcome when it does arrive. Back in January the SP hit 17p based on news from the Mengo alone. Since then the additional fundamentals put in place, success at the Djeno,25 year licence extension, 600k per month payments now receiced from SNPC and imminent CPR should see a long overdue rerate.
This will not recover whilst SS is hellbent in his pursuit of continued shareholder dilution. The share price is at a similar level to what it was back in 2015 when he took over the helm from Lenigas. The only thing he has managed to increase is the number of shares. 300 million back in 2015. Over 6 Billion and counting now.
600k per month which will soon be bolstered by production revenue.
Would beg to differ MP. The difference here is that unlike many other Oil and Gas minnows who have had one duster after another, we have found oil and plenty of it.
If the CPR confirms reserves of circa 300 million barrels then 30p + will be achieved very quickly. This has been way undervalued for far too long.
( apologies for the typo ) Should have read far too long.
Rearate is on the way. This has been way undervalued for far too kong.
Lets hope that it is not too much of a waiting game and news flow is released in line with the last RNS. CPR during the second half of May
Our present market cap is so undervalued considering the fundamentals that we now have in place ( CPR as we know is imminent ). As a very rough yardstick in comparison to the likes of Angus energy ( amongst others ) who have absolutely sweet FA yet have a similar matket cap to AAOG.
With the imminent game changing positive news concerning the CPR about to land any day now together with the regular payments of 660,000 $ per month, expected confirmation of production start dates as well as the recent 25 year licence extension. How we remain sub 10p with a 23 million market cap at this stage in nothing short of remarkable.
Bloe have a potential 700 barrels from one well in Georgia. They hold a 71 percent share of this well They have 38 million barrels of unproven reserves. What they have fundamentally is a fraction of what AAOG have However, their market cap is double that of AAOG. As a simple like for like comparison we should be trading at circa 50p as a bare minimum.
TT, Thanks for confirmation.
150 million mcap as a minimum.