Member Info for Desmond45

Director buying shares at basically ATHs yet Terry says we should be worried about a little debt hahahahahaha

Let them deramp all they like. More cheap shares for the diamond handed individuals like myself.

This company is going to be enormous mark my words

Looks like it’s time to raise a bit of cash once again!

Afentra have a FTSE100 calibre management team. They are currently interacting with top government and industry officials at Africa energy week. The deals were signed with effective dates meaning cash and/or oil inventory is accruing every single day, on assets which are increasing in production each quarter. The deals closing is simply a matter of time - new improved fiscal terms have been active since October 1st. The metrics of the assets have improved relative to original CPRs.

I wouldn’t be surprised if ANIC got bought out on the cheap by the new private agro company.

Production rates are booming. Share price will follow soon. It’s a bargain at this price IMO

Given the El Niño weather phenomenon appears to have returned this year it’s highly likely Alaska will have warmer temperatures and more frequent storm conditions. I suspect that the duration of operational time out there using ice roads will be reduced significantly. Not very good news at all - may have to wait until 2025 to get the well properly tested. DYOR

Pumpers are out on twitter, washy RNS light on detail. Smells like a placing incoming

Another day, another cash raise. Lol

Unseasonably hot in Alaska this year, might not even get any drilling done this year!

And right on schedule there goes another 2 billion shares of dilution at the derisory price of 0.31p. LOL

disagree. relatively low commodity prices at the moment mean aa and co will be relentlessly pursuing new acquisitions, more than likely in norway or possibly even further afield in countries who aren’t ran by lunatics - angola perhaps? based on the boards track record further deals will be sooner rather than later and i suspect gas prices will increase significantly over winter once again boosting the bottom line. strong buy at these prices. in my experience, buying when everyone is ****ting themselves (i.e now) is the way to go. many will chase this up once ttf/ice start to move again + brent looks healthy. of course there have been set backs operationally and with taxation but the company isn’t skint for cash and aa is a shrewd operator. bookmark this post and check back in 6 months. dez

Producing 12 barrels of oil equivalent over 8 depleted wells. Yes, an absolute blinder! Pmsl

Perhaps someone has spotted a flair at Benriach

With about £10m in cash and producing only a few hundred barrels of oil a day at longhorn, such production isn’t even enough to cover staff, lease and admin costs. This still looks grossly overvalued at £75m market cap.

The only thing that is certain is another placing and more dilution for long suffering shareholders! Will see 0.1p before the year is out IMO

3p by Friday????

It’s the exact same language used in the previous two pre-duster RNSs, which I imagine will enable them to get another cash raise away before yet another failed flow test next year.

Timberrrrrr

Looks like another duster!

Various companies are in the same boat, such as Sirius. Things take time in Africa!