Africa Oil Corp (AOIFF)

[dat_51or]

Glass half empty or half full? (of oil and nat gas that is!)

The company hopes to soothe its shareholders with a Lokichar resource update expected at the end of the month or in early September, incorporating results from four new discoveries since the previous report. (Tullow said on July 30 that resources are currently over 600 million barrels and could be increased to one billion barrels.) Africa Oil is also scheduled to release its second quarter results on Aug. 8.

The Reserves Report (which was due in July, now saying August or Sept) could be a pleasant surprise. Reports on FOUR NEW DISCOVERIES....glass half full, IMO. Tullow said on July 30th - resources could be increased to ONE BILLION barrels....glass half full, IMO. It's all a matter of perspective.

All that said, to restate the obvious, the share price is in the pits ... and IMO it doesn't reflect the real value of the company. So...earth to AOI....get busy and tell our story! Time to dial up the promotion machine and get this company ready for sale in 2015!

Best to the long term investors, and all my opinion.
dat