Africa Oil Corp (AOIFF)

[dat_51or]

AOIFF's corporate conference call was recorded and can be replayed by dialing 1.800.408.3053, password 1251028.

Folks, this is a "must listen to call". KH and team answer many pointed questions: drilling new basins, appraisal wells, porosity, financing, Capital Gains, bringing in partners or sale, quarterly operations updates, 2x/year reserves reports, etc. If you have money invested here, then spend 45 minutes and listen in.

I sure wish I had more money to invest in this company. There is so much upside ahead over the next 18 months. The $6.20 value today reflects the value in the old reserve report (600 mm barrels). IMO the new reserve report due in 2-3 weeks will jump upward in a big way, based on our recent appraisals. The real big opportunity, however is in the potential to open new basins. 10 opportunities identified. 6 will be drilled in the next 18 months. Repeat that...6 basin openers. KH expects at least 1-2 new bains to be discovered. A couple are look alike cousins to Lokichar, which continues to get bigger and bigger.

Things are looking up!

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