Africa Oil Corp (AOIFF)

[douginil]

Sleep with Dogs...

Thanks to babyofbullion on Stockhouse

8/19/2019

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1. As for AOI, it has about 18.8% shareholdings in EOG's 15% partnership interest in Guyana discovery. Tullow Oil has 60% interest and barely moved up 30.00% in share value since discovery.

Tullow has an Enterpise value of 7 billion GBP. A market cap of 3 billion GBP. And it still went up 30% ALREADY. Guyana is an incredible new oil territory and only a bitter man could deny that. The market is giving no value to AOI’s part ownership. It will eventually.

2. EOG has done well under massive promotions by the Israeli founders.

What has their nationality being Israeli have anything to do with it?


3. AOI will spend all its USD$350 million cash buying into 25% of the USD$1.4 billion consortium that will buy into 50% of Nigeria's Petrobras oil assets.

You know nothing about the deal.

If if you have invested here in the past you have lost a lot of money. I get that. Keith Hill not the most trustworthy guy around. I get that too.

Does it mean that this is not extremely undervalued? Big fat no. Strong buy for me!