This stock's showing good support in the Market Depth currently and looks to be on the improve. Recent conversation with Oz-based director cleared up a few points namely: Kenya will probably not be drilled, Malta is still on the boil and the finance gained from FOGL sale is to be utilised for an international drilling campaign.
With Texas drilling underway and oil shows positive, Uganda soon to follow and Malta drilling not to far out this company could perform well this year.
jsuth
GBP Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
