What amazes me with AEE Is the regular press on oil and gas potential in Turkey. This is getting incredible amounts of exposure over the past year and it is not slowing down. I am not concerned about this investment whatsoever, especially at current levels.
Here are some recent articles:
https://gazday.com/index.php?option=com_content&view=article&id=1927:turkeys-new-hope-shale-gas&catid=1:latestnews&Itemid=111
Take a look at the conclusion of this article from Jan 31, 2013:
Conclusion
So where do you put your money? Turkey – no contest. This is a combination package that includes good governance, good fiscals, brilliant infrastructure and a clear pay off as soon as the juniors and majors strike shale. This is a solid, long-term play whose importance to Turkey’s overall energy ambitions cannot be understated.
Read more: https://www.economicvoice.com/betting-on-mediterranean-shale-3-plays-1-winner/50034550#ixzz2KoJ26tw6
They are even holding a 2013 Gas summit in Turkey and opportunities and challenges in Turkey is one of the major topics. Ref: https://www.wplgroup.com/aci/conferences/eu-eug2.asp