Member Info for mcfcnige

Morning Ed,

Hope you are well.

I just ask you a quick question, if that’s okay:-)

You mentioned a couple of weeks ago that you expect the directors warrants to be converted at some point later this year?

Just wondered why you thought they might do it this year, rather than later down the line?

Thanks Nige

Sonangol take there time to do the job properly, that was shown when both wells were drilled.

The presentation PDF is showing 2nd half of March for the current flow test,so that would suggest anytime in next 2 weeks to me.

Looking at the presentation, there seems to be lots going in the background on all projects

I wonder if someone has hacked Arts account?

It would make sense with the rubbish he is posting?

Hi Art,

Not sure how long you have been a shareholder for but I can tell you before AK came along the mood on here was pretty grim .

We had a rock bottom share price, management without a real plan and not much of a future.

Every RNS at that point seem to come with dilution and we were in a desperate state.

If it wasn’t for Extraction and Align, who knows where we be now, so if you were invested at that time you should be giving both companies a pat on the back and saying thank you for all they have done for shareholders over these past 12 months.

Hi Art,

As far as I can see the share price has not been “ bumped up” by yesterday’s announcement,In fact it went down?

Thanks RL

Morning Ed,

Hope you are okay.

I have found warrants difficult to understand:-)

Now that these warrants have been sold, does that mean the Option thingy announced last week is still going ahead?

Thanks Nige

Hi Art,

Not sure why you feel so negative after the fantastic progress the company has made in less than a year,

We have a professional board that has its interests aligned with shareholders and about to enter a period of news which hopefully will result in a higher share price. :-)

AK has done an amazing job so far and this is just the start of the journey.

Thanks Ed,

I forgot about the mention in the presentation:-)

The production assets sound interesting, hopefully we will soon be working our way towards a similar market cap as AET :-)

That level as a starter is a big increase to where we are at the moment:-)

Thanks Nige

Hi Ed,

Did you notice that they are still referring to the PNG and other metals projects.

I wonder if there is something going on behind the scenes that we are not aware of yet?

Thanks Nige

Great post Ed

Sorry Ed,

I copied your post in error , I must be getting too excited:-)

I think the key words from that line in the interview are “ ambitious and very aggressive “

Thanks Nige

"Definitely we are going to be ambitious and very aggressive while staying within the focus and the core values of the company. So yes, we are interested to pick up other assets, other blocks in Angola," he said. "In other African countries it's going to be wait-and-see...We are looking into other jurisdictions but that is going to be 2025 onwards."

Great find Smkr

Hi Ed,

Sorry I don’t think I worded the post very well lol.

Fingers crossed we get news very soon :-)

Thanks Nige

Morning Ed,

Hope you are okay.

Kind question if you don’t mind ? :-)

What kind of flow rates do you think the company would be happy with from these 2 wells?

Thanks Nige

Good post Smkr,

Let’s hope we see horizontal drilling mentioned in the FID :-)

Hi SJ,

Not sure really, could be a number of things.

I would think that maybe investors are waiting for the flow results and some details of the plan going forward.

I think it may start to kick off when they do some company promotion, that will probably start once we know more about the potential of the assets.

It’s likely that a lot of investors have not done the research yet and actually know very little about AK and what the team are trying to build.

A bit of company promotion on a decent scale will hopefully sort that out.

Thanks Ed,

Great post.

If they can get up to 3000bopd, that would be a fantastic start.

Correct me if I am way out here but are AET producing around 4000bopd net to them?

They have been valued at £90 mill recently, so if we to a produce 3000 that would mean we are substantially undervalued?

There production is also offshore and they have some debt too.

Can’t wait for to get to C :-)

Thanks Nige