RIA rialto energy limited

the only african oiler with substance

  1. 544 Posts.
    PCL has rocketed to a market cap of $75m
    WHN IS rocketing to a market cap of $55m

    Both wildcatters with no history of any discovery and no production from anyone else in the area, with a small share.

    PCL has 10% share, even with a 2 billion barrel discovery which is the maximum possible, they would net 200mmbo

    and then you have RIA with enterprise value of $110m, the only one with a large share in sizeable discoveries in africa....consolidating

    RIA is planning production, these other guys are planning a wildcat drill hole

 
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Currently unlisted public company.

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