Member Info for rifteastafrica

I cannot see any, except maybe good for ECO ATLANTIC. Tamboti is a Namibian play

It took Namibia 20 years to garner all this interest and Guyana similar. Until someone makes a discovery there'll be no interest. But a company who has maybe gained from Namibia or Guyana or any other company for that matter might see the drill ready prospect and block as worth a risk

Why wont they get farmed out Flightman?

Hi Mannan,

Would be amazing. Nobody expects them to get a farm out here hence the SP movement.

But he did say "excellent headway" in Oct 31st!

Anyone know when the operations update is out? Surely a bit of colour around farm in efforts and work programme for 2025?

I have labelled it 'Strong Buy' here but buyer beware, this is a PUNT of the highest order.

PUNTIMUS MAXIMUS

Would be stunning if they got a farm out. The guilty pleasure punt of my portfolio

Excellent extrader! thanks for the information, Wow +3% today too much for me!

Another 1.5% yesterday and hopefully today another 1% and for the next 100 days!

Just let this page be me commenting on each day 1%!

And definitely new eyes and new investors in the stock as we begin the New Year.

Refreshing not to be waiting on a deal to close and all we are watching for (in the coming weeks anyway) are financial ratios!

New Deal after that :-)

Another 1.7% today another nice rise belatedly following Brent's move last week IMHO.

Looking forward to company specific updates. Someone told me today they will possibly update before Maurel et Prom

Aint going private you're gonna get .03 HOOK shares for every POLB

Nice to see vote of confidence from Gilead. Not many companies can boast a 19% major investor

1.9% up STEADY ON! :-)

Getting exciting as Brent increases also. Lets keep our eyes peeled on Maurel et Prom perhaps they'll update first

1% a day in 2025 will do me! :-)

Intrigued as to what the 2025 Block 3/05 Budget has in store for us. Continued Light Workovers or some heavier workovers?

Yes any company looking for a cheap way into a lower break even price oil field (Angola) with terms that flex with oil price, which is ideal for stability and a supportive regime, could make a play for Afentra at 75p .

Cheeky i know, but if i ran a medium sized co with 30,000 bopd and was overweight on UK or US production, i would make a swoop for Afentra and there's nothing the Board could do about it

Hard to argue with that Ninetails but i'm punting on a miracle farm out with small funds and hoping for a 6 bagger at least

Nobody Selling, wide spread

I think its a guess on the level of their G&A that typically works on M&A. These assets alone though are turning off mighty amounts of cash flow at Brent $74

$42.8m for 2025 (before principal RBL periodic repayment of $10.5m

https://x.com/BobInvest/status/1867152626250657866

Share price has a long way to go to reflect the NAV but another deal will help possibly in Angola, who knows. Angola is a 20% Effective rate of Tax for Block 3/05 at this level of given expenditure. Fantastic.

Year end results will get a little traction with those who appreciate a cheap Price Earnings / Price FCF share