Africa Oil Corp (AOIFF)

[Scarbender307]

Of concern.. I'm sure i'm missing something here, but. Smallest oil tanker carries a gross capacity of 500,000 barrels of crude. Moving 2000 barrels a day to Mombasa would mean 250 days to fill a tanker. This is not financially feasible, given the cost of $16-$20,000 per day for crude charter carrier. Therefore, storage capacity at Mombasa must be at least triple the size of a tanker and ultimately we'll need to pump 5,000 to 10,000 bodp thru the future pipeline to Lamu. So KH is right.. We'll have to wait to the 2nd half 2019 to see how much oil we lift.