Receipt of the monies from the Fundraising alongside continued anticipated receipts from SNPC are expected to enable the Company to re-enter the TLP-103C well at its Tilapia field in the Republic of the Congo with a view to producing oil from the Djeno horizon.
Washers reason i purchased, is i actually read the ISA contract 20 times got a decent understanding to what may happen, some research into the sidetrack costs etc etc
I cant believe Sefton with no material news on the horizon would think that the SP would remain around 5p with nearly 10M shares overhanging the market each month.
Your calculations and reasoning is Garbage, compare to other small cap oil producers. If AAOG was being valued on 33Bopd it would have a Mkt cap of around £500K
Tim's experience will also be invaluable in the implementation of our strategy to provide the Company's Educate careers guidance software applications as a joint proposition with a global hardware manufacturer.
Joint proposition = joint partnership with Lenovo ?