Replies to post #4400 on Africa Oil Corp (AOIFF)

[Guesstimate]

Also you should factor in the dilution of the two placings we've had since the share was above $10 to get to an equivalent share price. 86.5 million shares have been issued since we were at the highs of October 2012, diluting the original holders by just under 39%. So today's share price of CAD$9.09 is the equivalent of $12.63 in "old money". In that sense, we are already at "new highs" although it may not feel like it.

[giant turkana camel]

The notion that Kenya risk factor has just been realized by some brokers tell a lot about them.
My take is that US and NZ whilst being 'risk free' they do not give generous PSCs as AOI and other explorers have got in Kenya and other African states.These terms were meant to mitigate for the little extra risk of the Resource being in Africa and that risk has always been factored in the SPs from inception. The brokers claiming otherwise are only interested in shorting the stock to gain entry before the SP hits double digit, as it looks certain before December 2013.
Country Risk increases proportionately to Black Gold it discovers?
No wonder Kenya is being mentioned in the same breath with Iraq, Libya etc LOL.
GTC