Edison Investment Research actually got the company covered, with a pre-drill valuation target of NOK1.1/share (0,18 AUD). African Petroleum closed at NOK 0,34 (0,06) at the Oslo listing (APCL) yesterday, way cheaper then what`s on offer at the NSX (0.08 AUD) .
http://www.edisoninvestmentresearch.com/research/company/african-petroleum-corporation#js