20,000 bbls a day??? or NOT I don't get the price of AOI. If you believe Tullow, they have a major strike. But then again, what bothers me is that there are no DST results. They may well have hydrocarbons in the mud but w/o a DST, its all a guessing game. I own AOI and have sold bits on the way up,
I well remember the last time that AOI was at 7.00 and the bottom fell out after they failed to drill in Puntland due to the security situation. Fortunately I sold most of the postion at or near the top. Something didn't sound quite right and it wasn't as the stock fell back to less than 1.oo,
What is troubling me is the lack of an indication as to the the size of the strike.
Just my thot.