RE: Admin17 Dec 2024 15:37
Agreed Ed, dont forget about namibia see quote from last RN:
"The evaluation of leads and prospects has required further time commitment due to the encouraging discovery of a large number of substantial stratigraphic traps, in addition to the large anticlines and other structural traps that had already been identified. Our basin modelling work, completed in 2023, had previously identified source rocks deep within the PEL96 portion of the Dolphin Graben calculated to be mature for in excess of 100 to 150 billions of barrels of oil generation, and also identified well-defined migration paths for this oil, and this work has been shared with investors in the Technical Presentation that the Company made to Africa Oil Week"
"In the meantime, we plan to prepare a more detailed report summarising our findings to date, the main conclusions of which we will share with investors in due course."
3 assets that if come to fruition would individually be undervalued by the current Mcap