that's right Jamit01, apart from the deal rumour, this unsubstantiated article (which originated from Somaliland Times & was reprinted by Garoweonline) is severely critical of Range/AOI/Lundin etc, so it's a combination of a ramp/downramp, balances itself out?! In all seriousness, the allegations in the article are extraordinary, & some of them may be defamatory IMO.
I thought the SP rise may have been attributable to the following, other article...but who knows (well, some do!):
SOMALIA Seeking End to Oil Dispute Somalia's Transitional Federal Government (TFG) is presently in talks with the breakaway province of Puntland on a compromise concerning oil. (...) [ 145 words] [$4,7]
http://www.africaintelligence.com/AEM/default.asp
cheers Marny
RRS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held