PSA 0.00% 2.1¢ petsec energy limited

Would you invest in Yemen when the war stops?

  1. 14 Posts.
    Vast untapped potential but I want to weight it down most of the middle east has been tapped for years and exploited but what's different about Yemen is that's its very high mountain terrain in comparison to its neighbours which are mostly desert this gave it an advantage of hostile invaders.
    Read this article: https://tribune.com.pk/story/2206141/6-two-front-war/
    Also years of terrorism and war made it rarely tapped it has been dubbed the Afghanistan of Arabia but offshore oil as I have talked about critically before a geology done offshore Somali waters said the waters of Somalia can hold more than 30 billion barrels of oil and Yemen also have the same offshore geology but it can create chaos between the two countries as Socotra Island borders them both https://www.reuters.com/article/us-africa-oil-somalia/somalia-to-announce-plans-for-first-oil-licensing-round-in-december-idUSKBN1XF2FK
    also as Bloomberg stated could triple Yemen oil reserves. Some foreign and the Houthis have tried to loots Yemen vast minerals https://emiratesleaks.com/en/emirates-lakes-uae-looted-yemen-gold/ as non of them are innocent accept the people the ports are also an eye.
    Now I want to ask you would you invest if this country is peaceful? And its kind people do deserve hope?
 
watchlist Created with Sketch. Add PSA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.