I guess everything is about to burst

Hisah all the things you've stated are contigent on good governance.
Thanks Jonah, I hope that thats a fact that only new entrants will be affected by any increases! I wasnt panicking about the decline of AOIFF price, I was worried about the effects of govt takeover, that would create a massive selloff. Other than that, there is no way I can sell, only I know the pain of buying the day before the stock dove 20%, and continuied diving to over 35% to present. So all things equal, if it continues with the decline, I'd be happy to buy at cheaper prices.
Sentinel Prime, you do realize China is in a great recession, and its future looks bleak, right?

@murchr coz the ching chongs are as crazy as everyone else once the fed stops QE and embarks on a tight monetary policy... theyll panic and drop it all...is gonna be total rock n roll.

@nabwire china is expected to grow by 7% annually...property prices have rebounded,and they can always devalue the yuan to remain competitive.

I got that from GOK and also the AOIFF conference call. GOVT take over? Where did you get that from? All I know is about the listing, the revenue sharing agreement and bidding of the blocks. I think Kenya is far from doing what Ecuador has done, not at least after they start producing oil and also if the production companies bring their nyoko nyoko e.g falsifying barrels produced.
I bought this stock months ago with the intention of selling it at $7 after the FDA approved their drug. The preliminary hearing was on Friday and the results of the meeting wasn't good at all hence 50% loss in the share price. Upon seeing that, I just added more because the FDA does not have a problem with the company, its the panel appointed by the FDA that's opposing the approval of the pain killer due to the "fact" that people will abuse it like any other pain killer. Zogenix inc is the name of the company.

Ching chong is a deragotary word, kuweni wapole msiwaite hivyo.
China has basically been backed into a corner, it stands to lose the most if the US defaults on its debt, so basically the US has power over them and right now China must dance to their tune. Murchr I guess I understand now why China is hoarding commodities, so si the best strategy is to let fahali wawili wapigane
Jonna I was just extrapolating, if ever Kenya went the Ecuador way. Goodluck on that drug, I'm not into drug companies coz if the FDA says the drug is not approved, there's no way around it.

Tullow Kenya is shopping to supplier of land-drilling and Land workover rigs and services through an open tendering process.

This is the first time the oil exploration firm has publicly sourced for such equipment and services through competitive advertised locally. Tullow oil is preparing for appraisal drilling at the Ngamia1 and Twiga1 wells in Turkana where they discovered oil.

Land-based drilling rigs consist of engines, a mast, pumps, drill string and related equipment, while, Land-based workover rigs are well-servicing rigs with a mobile carrier, which are easier to move between well sites and different geographical areas of operations than drilling rigs.

The Star

If these weren't too greedy, there would be no jitters. There's plenty for everyone. Those that don't like the idea are free to walk out. Balance must be maintained.

http://www.theeastafrica...52/-/3x2pfy/-/index.html

Another play I hold that's about to take it in the chin today - http://www.theeastafrica...60/-/1ppaes/-/index.html

Border disputes due to mineral resources. First Sudan, then Kenya-Somalia, and now Malawi-Tanzania
"Based on an 1890 colonial agreement, Malawi claims ownership of the whole of Lake Malawi. Tanzania insists that half the lake falls within its borders and is already eyeing it for
natural gas exploration."
http://www.nation.co.ke/.../-/1j4mt7z/-/index.html

@Hisah, please forgive my ignorance, but is there a way we can make money/invest in this? Something about an early bird...