Cheap Petroceltic has Huge Reserves of Money and Gas ; Recession Busters

Summary


PETROCELTIC International does not, at first sight, present the most obvious investment case. A small company, it is based in Dublin with extensive business interests in Algeria. But appearances can be deceptive and Petroceltic has a number of things in its favour.

The company is a gas exploration and production group that was founded in 2002 and joined Aim two years later.

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Extract


Cheap Petroceltic has Huge Reserves of Money and Gas ; Recession Busters

The Aim listing was achieved by reversing into an old mining company that had been quoted since 1984.

This means Petroceltic...

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