Risky trade but they got plenty of cash for such a tiny market cap and are sitting on a potential monster oil field outside Jamaica.
Unrisked potantial for 3 billion barrels of oil is quite substantial. BHP has first rights to farm in.
All it needs is a positive announcement.
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gippsland offshore petroleum limited
could be a monster
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MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
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