RE: Re price down on good news11 Aug 2021 09:47
Market Cap £4m with news, should be rerated IMO "We would like to thank the Ministry of Mines and Energy and are delighted to move into the next licence phase on PEL0094, and to progressing work on what we believe is a highly prospective licence. The next few months are clearly the most exciting period in several years for petroleum exploration offshore Namibia, notably with Total's upcoming Venus well, followed by the Shell well in PEL 0039."