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Well, it’s definitely a step in the right direction, Faz! Imagine what will happen here when news regarding the SWP starts to arrive....

That is definitely a part of (but find me an AIM share for which this is not the case). Cash flow positive is definitely a great first step. Needs to be sufficient though to allow us to invest in capex. The service strategy is very intelligent IMHO: very nice means to an end (I am far more excited about that than I am about PQE - that other (long term )means to and end; just IMHO).

Shouldn’t be too difficult to generate some excitement here IMHO. The ground work is done (assumes assets are worth something of course - CPR will tell)

CPR is important but it is merely about potential. Need a credible plan to monetise that. SP reaction will depend on the excitement this creates. simples

towards the end of September according to LK

https://www.cnbc.com/amp/2019/08/19/oil-markets-middle-east-tensions-opec-report-in-focus.html

Helpful said it!

https://www.cnbc.com/amp/2019/08/19/oil-markets-middle-east-tensions-opec-report-in-focus.html

Yes, often confronted with patents and having them is one, art of manufacturing is often a far bigger barrier/protection.

Thanks Ors&Helpful.

starting to look good, Ors. Still not 100% convinced but getting cautiously optimistic :-). Hopefully this will be one of those occasions where I will love it to be proven wrong. All the better for AOGL if it turns out this way. Btw, how protected is PqE IP?

Interesting tweet looks like Jemen rebels now targeting Saudi oil fields....

https://mobile.twitter.com/babaktaghvaee/status/1163051292647968768

Happy for you as you are holding that share. But is it really that good? It’s back to 0.22...so back to where it was b4 the latest dip. Not sure it will delight LTHs there just yet, Ors :-)...but, as soon as they have proven their technology and its sellable let us know :-). would be great for aogl

very painful post, IMHO. Shows you lot really have no clue what you are talking. Blind ramping is silly, but this goes beyond that. Zero credibility!

Good article showing why O&G is so hot on Guyana For those remembering the ref to Guyana basin at the AGM: that basin stretches from French Guiana, to Guyana and Suriname.

https://oilnow.gy/featured/guyana-on-the-radar-of-every-major-oil-company-in-the-world/

Excellent post!

these services contracts alone have the potential to generate more revenues than our mcap in the not too distant future, IMHO. Rerate should follow soon.

Totally agree: solid, steady progress. They are building not only a viable business but also a strong reputation to be a reliable BOD. That is crucial moving forward as it will be essential to attract more investors.

The facts that AOGL will be cash flow positive on the basis of this new deal is very important. Certainly when reading the RNS: they are clearly alluding that more deals like this are to follow (at least they are working hard to achieve this). With sufficient positive cash flow they can reinvest into capex to increase the level of bopd.

Common, Stuy, they are doing a great job. The start was indeed a couple of months ago, taking us from zero, to where we are today. The COO is saying a lot more is to come, giving us something to look forward to. I was a tad disappointed about the CPR to, but I’d rather they do they job properly (and take more time) than race into it. It’s the foundation that is part of “the beginning (haha)...so it has to be solid. BTW, one month from and we are mid September so not that long

Agree (isn’t it a lot more fun, Ors, to talk about AOGL :-) )

Most definitely is a ramp: you praise a company that has no product yet and has no way to
sell it. Writing about such a company in the manner and frequency you do is 100% certified ramping. There is no room for doubt here.

Now, as soon as PQE has proven its technology and demonstrates it is a viable business: ramp away
my friend. But until such time : what is there to talk about?

probably to see our sp thank a bit more. The more PQE gets posted here ad nauseam, the more peeps think our future is linked to that of PQE, the more it creates a negative overhang over AOGL, IMHO.

The fact that 2 professional posters write about PQE all the time is because they don’t have enough to post about AOGL. That should be the focus. At best PQE is a means to an end; nothing more. And even that is questionable right now. As Ors said himself: PQE has yet to crack the technical and commercial challenges of their business. In other words: they have very little right now, hence Imho the sp of PQE is where it is.

When the BOD finally communicates its plans for AOGL, we will have something meaningful to posts about. Hence our sp is where it is. All IMHO.

Agree: PQE again 9% down as we speak....how is your research coming along? Is it also WIP (like the technical challenge and commercial one you highlighted). BTW, intellectually speaking, you can research yourself to death but without technical solution (for the technical innovation) and a commercial way forward (to monetise said WIP technology), I am really not getting what there is to research about...other perhaps than you blatant ramping.