re: Ann: Acquires majority interest in West A... Rawk. The 'market' doesnt know this stock exists! That will change as these deals are digested and peer comparisons are done. I got a partial fill at 20c today. Very happy with that.
Paulie. No previous production in the CI-202 block from what I can see. Inground Reserves however!. Effectively this is an appraisal block vs Ghana is an exploration block. Hence the relatively higher 'sale' price to buy in.
The location of these two blocks is the key , combined with the strong management team with high level expertise offshore West Africa and strong JVPs in the case of Ghana.
DYOR
Ann: Acquires majority interest in West African B, page-8
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