I currently hold AOI stock and did not get my re buy wish of under $8 oh well.I also have invested in other Lundin companies with great success.
I do however have an issue with these press release after getting my butt handed to me on Horn. Down 50% +
In Horn Kieth said at the agm which I attended, they had oil at Shabeel, the chart presented showed this, he did however say he has had other wells better than Shabeel test water.
With Ngamia and now Twiga, they issue release saying we found oil, not sure if commercial and no testing has been done. It amazes me a $10 stock price which I own and re bought at $9 and not tests done.
In anyones opinion what is the likeliness that these wells are not commercial?