Dat, if we get some good news on Nagamia and/or Sabisa, our share price should grow quickly, such that raising some more money to finance the drilling programs for 2014 and beyond should be minimally dilutive.
I was scanning the updated slides in the May Presnetationhttp://www.africaoilcorp.com/i/pdf/2013-05_AOIP.pdf and zeroed in on Block 10BA. Not much has been said about it that I recall - excpet that it inculdes the lake and the company wants to be real sensitive to environmental impacts on the landscape, etc. Note that on the Prospective Oil Resources slide #25 showing that 10BA could hold 4.9 Billion unrisked (347 million barrels risked). That's a whopping big part of the risked and unrisked prospective reserves.
Anyone have info on the timeline for seismic and drilling for 10BA?