(Authors Note: Wentworth Resources trades on the Oslo stock exchange, symbol WRL.OL with an average daily turnover of NOK 1,032 Thousand)
(Editors' Note: This article covers a stock trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.)
Wentworth Resources (OTC:AMGRF) is emerging to be one of the most exciting plays in the Eastern African oil & gas industry. This article initiates coverage on Wentworth with a potential upside of 80% over the next 18 months. The factors discussed for supporting the upside potential include the valuation of the company's fields based on asset valuation from recent transactions in the...
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