Member Info for Soundingoff

Jez- this has popped up on my radar. Funding is the only real concern here for me. Can you point me in the direction of the summary of BOD/associate ownership, because as you state, if ownership is that high, the powers that be will want debt not dilution ;) McMaster is a big draw.

Whiteace- Yout may be right on the use of the word. However not everyone goes to work just for money or even for money. I know plenty of business leaders who just do it for the status. Money isn't required for them. He has that status and I cannot believe he would be going there unless the license is on the way.

Richard- This guy has had a very good career and has achieved plenty. He's not going to walk into an immediate dead end. It's unthinkable IMO.

itsgambling- Come on, you know the new CEO wouldn't have joined if there was a serious problem with the license.

And if I was this CEO (who has been round the block and knows the game), I would do my due diligence before I joined. You wouldn't put faith in the incumbent BOD if a job was at stake without some evidence...

It'll be the usual twitter bullshine. They are only getting the license extended, it is still in place. It would make no sense to not renew given the board reshuffle and the funds are in place to drill.

Phoebus- EarlyBird made this comment a few days ago: 'I've had it confirmed from David Sefton that IF AAOG do require to raise further funds prior to drilling TLP103 once rig date and licence extension have been achieved that it should be through Open Offer to existing shareholders rather than a private placement. Certainly the fairest method for raising funds here and would effectively lock many out that are banking on getting some through placement in the city.'

We're all differen...! I just bought more at 85p!

Just a few % of sales for VANL. A non-issue really. This could be good for VANL in the medium term.

But of course you don't have any of your own numbers at hand, or indeed the information that you don't agree with?

Vince- rather than making idiotic statements, please have a look at FinnCap's analyst notes. The value on success is between �60m and �600m. Success is many multiples from here IF the drills come in. Do you not understand how companies are valued? Risk vs reward.

Someone has been offloading millions here since open. Once they're clear we'll see the real picture.

Thanks EB Maestro- The point is that he has confirmed if he did need to raise funds it would be after rig announcement. I'm not too fussed about anything else. Great news.

What a sad way to spend the first day of 2018 vince. Why bother being here? Anyway, some facts about the upside which are very considerable: http://sharetalk.ltd/oilandgas/angloafricanoilandgas/0/index.html

Good point maestro. With all these delays I had forgotten the real potential we have in this drill. The finnCap report has some good detail in it: http://sharetalk.ltd/oilandgas/angloafricanoilandgas/0/index.html

The 100K and 150K were buys this afternoon Sunny. Bit of fiddling going on, but that's nothing new with this share!

Dear me jim, you are rather rude. Sorry you won't get a rise out of me. If you knew anything about that qualification, you'd know how stupid your question is.

Oh and the fact that the rig contract will come. When it does those holding now will make money. But of course you know that.

There is no denying the BOD have to step it up considerably. Some may choose not to invest based on the BOD's efficacy to date. HOWEVER those potential investors should be investing based on FACTS and not the lies you peddle jim.

David Sefton last week: The results of the drilling, in combination with the new licence, will determine the real value of Tilapia and thereby AAOG. Development of the Mengo would very significantly increase the value of the asset as compared to today, and development of the Djeno would be a complete game-change. As a result, I am completely focused, as is the new team we have put in place, on ensuring the new well is drilled and determined that it will take place as soon as possible after the New Year. AAOG has identified the rig which it considers to be most suitable for drilling TLP-103. This rig is new and has been further upgraded by the current client, a major international E&P company. We have been assured by both the rig company and the client that it will be available in January. However, we are also working on contingency plans to bring another rig into the country should our preferred rig not be available. We cannot allow further delay.