15 percent more oil.....

NZO has an EBITDA of 70 million for this year. Sooner rather than later this company will receive the rerating it deserves and the SP will move. This company now produces a large volume of oil- 12.5% of 47,000 bopd and 12.5 % of 1 million barrels already in 1 MONTH! Today we have an extremely significant announcement increasing reserves by 4 million barrels( an increase of 15%) and adding 280million to value of the TUI project. This equates to 35 million more barrels of oil for NZO! Plus, we have an announcement of the discovery of undeveloped reserves in the TUI region being evaluated by 3d siesmic, which is likely to lead to further reserve increase of this gem of a field in the near future(3 months).
If taranui comes in this will hit 1.50 in days IMHO, but if not, big money filling the coffers will do the talking for NZO.
Do your own research and do some comparisons of value-good luck
DYOR
Best of luck to all holders