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They just raised a couple weeks ago
How much cash do GBP have?
Can see this trading well into double figure by mid January, being conservative
Maybe a miracle will come
No point selling at this low
I’ve got some peanuts in here as well
To me it looks like suspension is on its way
Gbp got no money and they have to prove financial updates
A potential 250 bagger as a first target? That’s quite interesting!
I wasn’t there just that the Twitter guy (who I’ve seen post some gems for ages such as dgi ggp etc) posted about it as he attended
My best thoughts are that the board are very astute they know what to do and how to get There. Interesting about asset diversification as that seems like they’ve got something lined up and using their network to do it - imo as their networks includes institutional and major tier oil and gas links based off their histories then we in for something incredible here
Versus the previous board , the new board we are in for a major winner here
Did they say no dilution unless for production at the AGM?
Lets hope so Ive got millions of the buggers. Sounds good, proof will be in the delivery. As a team they appear to have the credentials
No dilution, unless for its for production. Even then I would expect dept to be a dominant part
Just saw on Twitter one of the shareholders attended the agm and spoke super highly of the new management
They said they want to make revenue and get profit as soon as possible and have an inital market cap target of 250m
This is massive. They’ve def got some plans here to get the company moving.
This could be the move of the year coming
Interesting RNS, always good for other brokers and their clients to get involved
See if we get something out of the AGM. Need to give them a little time to organise
New management hasn't inspired much yet. Still not answering to emails or done any interviews to say what they are about.
The way to build a relationship is to demonstrate that they can fulfil the work program, they don’t have the money to do this. Last legs.
£250 k will last 3 months then they will need to raise again
The shares will hit the market today, buying this low not a bad idea
I’m expecting some good news to pop up, I think new management will want to show off
Is GBP working on farm out now?
Any plans for the future?
Looks like about 200M churned so far.
Another 240M to go
The cat is bouncing I think
@ShareInvestment - absolutely agree with your point especially in regards to previous leadership leaving without any issues.
I have just topped up based on the RNS this morning. There is a big disconnect between the potential asset value and current MC. The new leadership have tremendous experience.
Fully agree, but hopefully he will add more. I have followed GBP for its potential for a long time, although it became clear that the previous leadership was not delivering. There is absolutely no certainty that the incoming team will deliver, but remain of the idea that people with those CVs, and probably significant wealth accumulated in their career, would not come into GBP unless they thought that the current assets could be worth than the company valuation and/or the limited market cap make it an interesting proposition to drop in other assets. Nobody really know and only time will tell but those are my impressions. Furthermore, why would the current board transition out so smoothly unless they thought there could be some upside for them and shareholders in general. A shareholder with 5% cannot boot them out and usually it's actually the opposite, massive resistance from the board not to loose their positions. DYOR
He has bought 10k's worth ! lol
Would have been more impressed has that had an extra zero on the end !!
Many here hold much more than that ..