Thanks Tokyo Jo. Few ohers seem to have read your post. It included this:
"Independent analyst Peter Strachan said insiders hold a belief that the whole Mauritanian Offshore Basin area will yield 4- 5 billion barrels of oil plus several tens of tcf of gas over the next couple of decades and that the known 400 mmbbls in Chinguetti and Tiof is just the start.
He added that some figures suggested Pelican could be estimated to hold over 6 tcf of gas and with floating LNG technology would be a valuable source of energy for Europe."
Think about it, folks. If they are right, Hardman has, or will have, well over 1 billion barrels of oil and and 1.2+ trillion cubic feet of gas offshore Mauritania, forgetting all about their other interests. Relate that to the current share price and you will see that the shares are still trading at a massive discount to their eventual worth.
Let the day traders do their worst but, I can almost guarantee it, stick wth this one and you will participate in future wealth, takeover or not.
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