Jade69: I am fully of your opinion that this stock - whilst risky, of course - is nevertheless strongly undervalued. I hope that you got into this share at an even lower share-price, as it was trading at ridiculously low valuations not too long ago...
The about 40 mio. US$ market cap. now is still extremely low for the kind of portfolio they have - especially after the Cairn drills largely de-risked nearby the grounds they are holding!
Last but not least: I wonder WHICH "large London listed oil and gas company" has signed up with them in that Ivory Coast project??
I kind of wish that a few more will show up for discussing here - but IF not, no worries at all. I am just pleased to have taken an initial position.
Same to you, Jade69: Have a relaxing weekend down under - wonder where in beautiful Australia you are living?! It's winter at your end but really hot up here in Asia (and Europe is also having extreme temperatures...).
wasa
AOQ Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
