GUMMY - MP $42.70
MP Materials awarded $35M DoD heavy rare earth processing contract 10:15 MP
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45.36-1.49(-3.18%)
As of 01:55PM EST. Market open
GUMMY - MP $42.70
MP Materials awarded $35M DoD heavy rare earth processing contract 10:15 MP
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Frontier Lithium Inc. (LITOF)-- **
2.0600+0.0100(+0.49%)
As of 09:40AM EST. Market open.
Small Cap Oil Alert***- AOIFF
Venus-1 discovery holds "at least" 3b barrels, could drive ~100% upside for Africa Oil
Feb. 25, 2022 1:23 PM ETAOIFF,TTE
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AOFF-$2.00
- Upstream is reporting that,according to an industry-leading consultant, Total's(NYSE:TTE)recent Venus-1 discovery in Namibia holds "at least" 3b barrelsof recoverable oil.
- Sources indicate it's the Company's largest discovery in 20yrs.
- In the context of Total (TTE), the massive find is unlikely to move the needle for investors; however, Africa Oil(OTCPK:AOIFF)also holds an interest in the block, and could respond favorably to the news.
- A pre-appraisal valuation of recoverable resource at $5/b would imply a value of $15b value for 100% of the find.
- Africa Oil (OTCPK:AOIFF)indirectly owns ~6% of the find, implying ~$900m of value to the Company at $5 per recoverable barrel; Africa Oil's current market capitalization is C$1.25b, or ~US$980m.
AOIFF Africa Oil Corp.
Stock Price & Overview
$2.05-0.05(-2.57%)1:04 PM 02/25/22
Stoney, you old enough to remember Caladonia mines, I think it was promoted around the early 1990s? $.002 to $88? Pink or BB, I forget.Africa Oil Corp. (AOIFF)- Has potential
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2.2300+0.0600(+2.76%)
As of 01:55PM EST.
GDRX, images that? PBMs are getting hammered like my GOCO and SLQT. TDOC was the play, I thought Stoney or Van said $60 was bottom, good call!