RE: Upward pressure24 Aug 2022 11:42
"The catalyst of deal closing in early quarter 4 offers acquisition upside of close to a doubling in the share price from today's current price of 28p, in a CPR Brent price deck scenario (mentioned above) and 50% higher than that again in a continued scenario of higher oil prices."
"There is an upcoming election in Angola which some would argue adds some risk into the closing possibility but, if anything, the opposition is also aligned with the need to attract foreign investment in their oil fields."