Range & Emperor are busy in Georgia and have other assets, so I would not worry.
I think AOI is 'securing' shareholder value, by letting "Horn Petroleum" do the 'dirty' work. If something goes wrong: it does not directly effect AOI and if everything goes well: AOI possesses 50% of "Horn Petroleum". AOI will probably know about success before everyone else does...
...maybe:
1. trading stop for big announcement
2. news: "AOI possesses now 55% of "Horn Petroleum" shares" or "AOI buys "Horn Petroleum""
3. news: Oil discovered in Puntland
4. trading continues
5. AOI sp = 10-30$
Puntland has an extremely high potential, but is still risky due to inner tensions. But I am sure the wells will spud, because Puntland government, most of its people and the oil companies are all interested, for good reasons. It would have an explosive effect on the economy of that country and, if the surrounding countries (Kenya & Ethiopia) will produce oil too, on the stability of that part of Africa.
Just my opinion!
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