RE: SEK 2172 a share equals...$333.34 US!!!! Hello pennyoilking.
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In our view, Africa Oil (AOI) offers investors a pure play on what is likely to be a
future global oil and gas province where early results have yielded several billion
barrel discoveries, both on and offshore. With a risked potential of SEK 100 per
share (SEK 2,000 per share un-risked), the potential is significant but not without
risk.
But it remains a diamond in the rough
Although the upside in AOI’s portfolio remains significant, the company is a pure
play on a emerging exploration province and therefore the risk should not be
underestimated. But with Tullow and Marathon featuring throughout its portfolio,
investors should take comfort in its quality of exploration acreage.
Regards