RIA is at its lows and looks extremely oversold.
Surprising when a number of brokers are positive on the stock.
At DEc end it should still have $25 million in the bank and its major African project has the strong backing of the government with the State (Petroci) recently increasing its interest.
Provided it can secure a major farmout partner or access debt facilities, its possible that Gazelle might go into production sometime in 2014.
Huge potential in some of its existing high impact exploration prospects:
-Faucon: 154 mmbbls + 77 bcf
-Impala (Updip and Deep): 21.3 mmbbls + 42.0 bcf
-Condor: 15.0 mmbbls + 758 bcf
Also don't forget Ghana's potential!!
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