GBP was up 26% in London trading.People catching onto the...

GBP was up 26% in London trading.

People catching onto the transformational news this week.

There are some interesting London traded comparables.

e.g.

Chariot Oil & Gas (CHAR) Mkt Cap ?370m (owns several offshore Namibian licences)

Tower Resources (TRP) Mkt Cap ?50m (owns 15% of a Namibian offshore licence with free carry)

After this weeks deal to acquire Jupiter Petroleum which owns a Namibian offshore licence next door to both CHAR and TRP

Global Petroleum (GBP) Mkt Cap ?25m (owns licence next door to CHAR and TRP and also has ?17m of net cash)