Research Report ;” (OTCBB: AAPH) Has Upside Potential to $1.02 “
Report Available to Oil and Gas Investors
Visit this company: http://www.aaphreport.com/
Point Roberts, WA - November 12, 2010 - The Investorideas.com Energy Newswire makes the recent Oil and Gas stock research report on American Petro-Hunter Inc (OTCBB: AAPH ) available . The Cohen report by Grass Roots Research and Distribution notes, “Based on an average of these methods, AAPH common stock is valued at $1.02 per share, 191.3% higher than current market price of $0.34.”
Full report at http://www.grassrootsrd.com/ and http://www.investorideas.com/CO/AAPH/Cohen_AAPH_report_100510.pdf
Report Excerpt:
INVESTMENT THESIS & RECOMMENDATION; Written by Grass Roots Research and Distribution, Inc.
“American Petro-Hunter intends to become a 500-1000 BOE producer in the next 12-36 months by aggressively developing its Poston and North Oklahoma Oil Project as well as continuing to engage in exploratory drilling opportunities on its Colby Prospect and Sacramento Gas Prospect. The Company further intends to expand its acreages across North America .
Key corporate value drivers include: discovery of a new oil field, existing production capabilities, and a balanced portfolio of assets, favorable industry economics, recent funding arrangement and a strong management team. Providing the Company raises approximately $5.0 million of total capital, we forecast significant top line growth. Revenues are expected to grow from $0.5 million FYE December 31, 2010 to more than $11.8 million by FYE 2014.
AAPH is potentially a lucrative investment opportunity in the oil and gas E&P space and provides an upside potential of 191.3% in the short term and long term....
Continued –
Based on an average of these methods, AAPH common stock is valued at $1.02 per share, 191.3% higher than current market price of $0.34.
We believe our valuation is conservative, and assuming the Company raises equity capital and is able to explore over 2000 barrels of oil, the stock could trade at much higher levels in the long run.”
To read full report please check out www.grassrootsrd.com and http://www.investorideas.com/CO/AAPH/Cohen_AAPH_report_100510.pdf
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