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Replies to post #5705 on Africa Oil Corp (AOIFF)

Replies to #5705 on Africa Oil Corp (AOIFF)

douginil

07/04/18 12:19 AM

#5706 RE: Scarbender307 #5705

Scarbender, I like your math and would look forward to the $10 SP.

buccaneer1961

07/04/18 12:25 AM

#5707 RE: Scarbender307 #5705

and being aoiff and partners were the successful bidders on that Brazilian oil company it should be higher?

Scarbender307

07/06/18 9:19 PM

#5711 RE: Scarbender307 #5705

Let's see... If KH bought back 200mm shares for $180,000,000, cash would be reduced to $250mm. Can you imagine not needing additional equity to fund future drilling, not needing to fund the pipeline? The ROE would be astronomical.