$100m US quarterly revenue is not to be sneezed at.
Market is rating ROC on short term drilling failures and ignoring long term valuation. Massambala has great potential as oil is close to surface, allowing multiple wells at low cost for extration. 50 million + barrells there alone.
Don't write off Angola yet....another 3 wells to go with great potential.
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Mkt cap ! $11.36M |
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0.130 | 46216 | 1 |
0.140 | 47035 | 2 |
0.150 | 82372 | 2 |
0.180 | 7000 | 1 |
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