Namibia hoving into the limelight and GBP still only £4.6M market cap9 Aug 2021 13:50
P mean recoverable prospective resources on GBP's PEL 94 block are 2,595 MMB net to GBP. The current £4.6M market cap values them only 0.177p per barrel, which seems far too low particularly with third party drilling about to put the spotlight back on Namibia. Any success from the four wells planned and the market should rerate GBP much higher. GLA