Gulfsands Petroleum – establishing fair value in a post Syrian conflict environment

December 8, 2016 | Posted by admin

By Richard Jennings, CFA We initially covered Syrian focused Gulfsands Petroleum (GPX.l) at the beginning of this year, highlighting the embedded value in the company’s key Block 26 field in the North East of Syria. At a price then of just under 3p we believed the stock to be materially undervalued should the tragic and […]