User 205101

BMB Munai: Cheapest Oil Producer in Kazakhstan

For those interested in highly undervalued speculative stocks, I suggest to look at BSKO. The biggest problem with this company is that it currently is disputing 90% of ownership over one of its subsidiaries. However, even if they lose it they still keep 10% of an asset producing 1800 bopd. This is 180 bopd net to a company currently trading at a price equivalent to about 4-5 mln market cap! If they win the arbitration (which they have all reasons to win) the stock price would take off to about a dollar from current 2.5-3 cents.