I was not really thinking about it as a complete oil field, but it is highly likely that you would get the same great results on the other parts of the ridge... APCL has >3 bn barrels prospective resources that they sit on a 100% licence share in Gambia alone... And they have that on the same seismic settings that Far and the JV have used. They might as well need to recalibrate their seismic here.
FAR has the proven finds, but the chances that APCL should get way bigger then FAR down the road are huge here. And APCL is valued only at 40M USD at the moment!
PS: I will look into getting an IG account but at the moment I prefer to sit all in on APCL since I see them creating MAJOR value in the next few years if my thoughts here are true... Though there are still huge risks... I do not advise anyone to buy APCL...
FAR Price at posting:
8.7¢ Sentiment: Hold Disclosure: Not Held
