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Cc’d in on the most bonkers email thread in history – Anglo African Oil & Gas is grotesquely mismanaged

By Tom Winnifrith, The Sheriff of AIM | Friday 3 January 2020


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


For some reason I found myself cc’d in on an email thread last night between Sarah Cope the utterly useless chairperson of Anglo African Oil & Gas (AAOG), Richard Jennings, the company’s advisors and some investors. It was bonkers but it is clear that Ms Cope is doing all she can to steamroller through the crap deal with Zenith Energy (ZEN) without giving shareholders the chance to consider what looks a far better deal from team Jennings. For that and for many other reasons Cope should be fired and cast into the corporate wilderness. The thread starts with Jennings responding to an RNS issued late in the day by Anglo:

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