The great thing is that the share price reflects their first drill, its been sold down so hard that it was even below cash on hand backing ($25M in the bank) for three months, now that is insane!
As it sits now, the Marcap is only $5M above cash backing and they have an estimated $2.7M sales of oil in the next year. So when you add that on, its 25% share of a huge oil reserves in Uganda is only worth $2.3M????!!!!!! Again insane!
So I will have to change your last sentence to:
Low Risk, High reward, no luck needed.
GBP Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held