The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Definately a buy.
John Henry is a muppet who is paid to spook the uniformed/inexperienced PI. He rears his head periodically like a dungbeattle. Just ignore the fool. The fundamentals now in place here dictate where this is headed. Do we have any large after hours buys showing up. If so this invariably will account for the SP drop despite this mornings excellent news on our licence extension. May will prove a transformational month for AAOG.
600k per month revenue from SNPC. Access to non dilutive finance options. Production revenue to start kicking within 2 months. Don't forget that directors options will not kick in until SP reaches 20p No placing will happen here anytime soon. Do not be fooled into selling at this ridiculous price. The month of May will prove to be a gamechanger here.
This company since the start of this year has achieved the following i) Comfirmation of oil in the Djeno which will generate 1500 bopd. ii ) Production to commence shortly. iii) Ongoing payments of 600k per month from SNPC in relation to 10 million debt owing to AAOG. iv) Confirmation of licence extension for a further 25 years. v) RNS confirming CPR will be released in May in order that additional and very positive data be included. vi ) Confirmation that Mengo will be spud later this year. This will produce 5000 bopd.
Foundations are now in place. Everything can start moving forwards. CPR/600k per month from SNPC and production to commence. Today's RNS is just the start.
The Share Price with what we have here should be trading in the 20p to 30p range. DS needs to stop right shifting delivery dates and start meeting target delivery dates. Todays RNS was a little dissapointing and i hope we do not receive another one of these in mid May pushing back delivery dates again. Under promise and over achieve and not over promise and under achieve
DS came across very well. Clear and confident
Decent size buys going through
Lots of oil,revenue,profit,repayment of SNPC debt and production soon to commence. We are not JOG,RMP or 88e. They have no proven assets we do.
BarkingCrazy, Paid Troll at it again
Nice daily rises taking us into the mid teens leading up to news is what we need. When this takes off better that it moves from 15-20p level than the current SP
The Share price has been pegged back since January despite one positive RNS after another. We have oil and plenty of it, production will soon commence, CPR will be issued very shortly and SNPC will be paying us 600k per month moving forward. And don't forget the licence extension. We are not 88E, Jersey Oil and Gas who have discovered nothing have no oil or revenue and yet have market caps in excess of ours and in 88e's case an market cap of 50 million.
BarkingCrazy, Yet another very negative post. For someone that claims to be invested here you certainly have a strange way of showing it. You are nothing but a paid troll
Great RNS
Look at 88e. No oil, no revenue, Another duster last week, 5 billion shares and still a market cap of 50 million.
The Share Price needs to start catching up to the fundamentals that we have here. What will start this process is a very positive CPR. This will underpin everything moving forward. Early March was the date muted for the release of the CPR. We have reached that juncture.
Gents, Please feel free to ramp this share to the hilt. In this instance there is genuinely something to ramp about. We have found oil and we can get out the ground from next month in commercially flowing rates. 1500 BOPD. Our reserves run into hundreds of millions of barrels not 1 million. CPR due this week. Further payments due from SNPC and licence extension is a certainty. And don't forget TLP104 due online in August. 5000 BOPD Degsy/Irishmouse light up the airwaves
This coming week should see the start of newsflow on several fronts which invidually and collectively will see the Share Price reflect the fundamentals that AAOG now have in place. This company has found oil the quantity of which will run into the hundreds of millions of barrels. The imminent release of the CPR will confirm this. Production will commence next month producing 1500 BOPD which will generate revenue of 120k per day Or 2.5 million per month. We are still owed 9.5 million from SNPC who would rather pay this back on a short term basis instead of relinquishing any more of their stake in Talapia licence. Over the coming months our incoming cash flow will go through the roof which will put us in very healthy position when we spud TLP 104 in August. This well will produce an additional 5000 BOPD. Our income at this point will be potentially 450k per day. This company is not another 88e, Red Emperor, Chariot Oil, companies that have never found or produced a drop of oil. The market cap of 88e is still over 50 million despite last weeks latest duster. The market will start to correct of Share Price/ Market Cap very very shortly.
Tommyred, Can you repeat post this time in English.
Good answer