RE: WHOS NEXT15 Mar 2021 16:19
#UPL are awarded a licence (and there’s a very high chance they are imo), then it makes a mockery of the £2.6mln market cap.
Plus within their Tunisian license (for which they’re in a farm out process), the sub salt play could be a multi TCF resource.
UPL Company has got some potentially big catalysts coming up.
They’ve been patiently waiting for Sarawak to have rights over its oil and gas industry, which they now have (after years of political issues). The bidding round closes on 15th March and awards are expected quite soon after.