Cairn today announced the finding of oil in a prospect which mostly lies in A1. How does this impact APCL? Can only be good news, but the recent problem with Gambia government should keep a lid on the share price which most certainly should fly skyhigh if a resolution is found and a farmout gets completed.
This share is a little bit of a wonderful nightmare at the moment. Its like knowing that it could either get REALLY big or go to hell...
Dont bet all your money on APCL but do have it in your portfolio because the reward can get gigantic!
AOQ Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
