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DANMARKS STØRSTE INVESTORSITE MED DEBAT, CHAT OG NYHEDER

Huge potential in West Africa (African Petroleum) (APCL)


72585 PeterUK 7/6 2015 15:44
Oversigt

I must recommend this enormously undervalued stock.

It`s African Petroleum, APCL, and it`s traded at the Oslo Axess in Norway. http://www.africanpetroleum.com.au/
http://www.ig.com/au/ig-shares/african-petroleum-corp-ltd

The Company is a significant net acreage holder in West Africa, holding ten licenses, six of them close to where several discoveries have been made in recent years, including significant discoveries during 2014 by Total in Côte d'Ivoire and Cairn Energy in Senegal.

Todays Market Cap is about $45M.

According to CFO Stephen West, there will be made farm out announcements by H1 this year. A completed farm out transaction provides a huge upside potential, a commercial discovery should deliver further material upside.




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