RE: Keep the faith LTH17 Nov 2019 22:17
I’m happy to keep the faith; I don’t have much alternative since I’ve gambled here from 11p down.
It’s still hard to refute this from oilman Jim:
Anglo African Oil & Gas (AAOG) reported that it has entered into a rig option agreement, but the rig might not be available until 30 March 2020. Unfortunately, November turned out to be the date for a rig agreement, not the rig arriving as investors had hoped. The problem for them though is that paying for the drill depends on Riverfort selling shares at a higher price than now and how does that situation come about? Slippery language isn't working anymore for these Anglo African Oil & Gas (AAOG) reported that it has entered into a rig option agreement, but the rig might not be available until 30 March 2020. Unfortunately, November turned out to be the date for a rig agreement, not the rig arriving as investors had hoped. The problem for them though is that paying for the drill depends on Riverfort selling shares at a higher price than now and how does that situation come about? Slippery language isn't working anymore for these companies and I see only one way for the Anglo African share price now, which is to decline further. I’ve been warning about this one all the way down from just under 20p and the shares hit an all time low of 2.4p on Fridacompanies and I see only one way for the Anglo African share price now, which is to decline further. I’ve been warning about this one all the way down from just under 20p and the shares hit an all time low of 2.4p on Frida