Yep $14mill market cap for 18 million acres is pretty attractive. Couple this with larger players currently in the data room and Mongolia de-risked we could see WOF really take off.
I only have a small amount in this $7.5k at this stage, but didn't want to wait for my 5.1c/share offer to be filled (if I was lucky enough). Just look at the sell side, hardly any volume and clearly a tightly held little company.
If this was company was based in already producing oil fields in Australia we could easily have a market cap of anywhere between $300 and $500 million on acreage alone.
WOF Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held
