AOI Move For a Big Reason! 5Billion Barrelshttps://www.africaoilcorp.com/i/pdf/2012-02_Avanza.pdf
AOI drilling results via HRN and AOI own prospect is coming. Note page 33 of the attached AOI presentation deck and Tullow purfchase of 335 M barrels in East Africa at $4 per barrel in the ground for $1.2Billion, yes that is $1.2 Billion.
AOI P50 prospective oil is 5 Billion barrels.
They have 2 rigs drilling.
Just one hit, like the Tullow purchase of 335 M barrels at $4 per barrel in the ground would immediately value AOI at $6 sp. They have 5 Billion propsective barrels and are drilling multiple targets, 2 currently, so the valuation would immediately jump to a market cap in the Billions.
Hence the rise in sp and indications they have struck a large field via HRN. Wait until their other target progress, add another 1 billion to their market cap and you have a $10 stock.