Positive news flow will be unstoppable Think about all the goodies that will materialise in the near future: the world class discoveries of Brulpadda and Luiperd by Total/Africa Energy, the upcoming unique Venus-1 well in Namibia with 2 Billion barrels expected oil in place including exposure to many adjacent blocks, FID in Kenya by year end, access to the most prolific oil bassin in Guyana through Eco Atlantic and the expected increase of production in Nigeria. Africa Oil will keep adding to its cash position.
This stock is a bargain at current prices!