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The anchor which has held us down has finally gone (peter hill and co) and now we can start our journey
and what a fine journey it will be
get ready for a lovely ride up here team GBP
Smells like we are in for a massive treat and uplift here especially considering we are at less than 1 million market cap and have not only namibia to get started properly but other projects the WCB (world class board) have got planned. Mr ahmad has stated 100m market cap and i feel that is conservative given the upside of namibia alone. We have seen it get to 1p off the shell and total drills and now imagine if we get a JV and hit oil. 100m-->1billion+ very very fast
the anchor which has held us down (peter hill and co) are gone and now the ship can finally start its voyage and this voyage is going to be one we all want to get aboard in my opinion
going to be a fine ride and exciting times ahead team GBP
The anchor which has held us
1p I remember it shooting near 2? Hopefully we get a nice blue shoot get it on folks radars draw them in if they missed yesterdays news
The CVs of the new board have already won me over and the quote by Daniel Page where he said that he is looking maximise shareholder value, be financially prudent and want to use their extensive network all strike me as as a board that have a big plan, know how to get there and be conserative with their cash
The major shareholder mr ahmad has also got a history of major winners and i feel would not back a horse unless its going to win the race and win it big . He was in GGP (in my opinion the last major aim success) from .5 to 35p (to over 1 billion market cap) and was shouting about it for months before it went on the run for people to get in and now he actively saved the company GBP and got world class talent in. Smells like we are in for a massive treat and uplift here especially considering we are at
Totally agree torino here - rememebr how this shot to 1p on the back of shell and total hitting , now imagine a top tier board who can achieve goals and have the network and ability to get a JV or other major projects lined up here
Daniel and Cecilia and khan all are world class talent in a company with a tiny market cap - the 100m upside is realistic imo and that could well be the start
And he tweeted this shortly after too:
‘Global Petroleum make no mistake the target here is 100 million market cap based on the Namibia licence and if it hits we could be in the billions. This is why the world class management team have been put in to deliver significant shareholder value and also consider other opportunities as per RNS using their huge network.
Congratulations to all holders the future is now!’
Blimey £100m and potentially even more if they hit, thats 8p for starters.
Here’s what Omar Ahmed - who owns 5% - and drove the board changes said on Twitter yesterday after the announcement:
‘Global Petroleum #gbp can't wait for this to multi bagger with the new management in place!
About time all shareholders get what they deserve and been waiting for. A company run to deliver significant shareholder value.
A new dawn for Global Petroleum awaits.’
So he’s telling you it will be a multi bagger and this is the guy who invested in GGP at 0.5p and a year later it was 35p. Follow the money and the knowledge…
Am sure they are fully aware of this and furthermore already have a plan of action ..
Don't think we are dealing with novices !
The big gains will come for mid-long term holders moving forward and not the traders looking for a daily 10%
What is the best party is they a all have fantastic connections with institutional investsment houses and links as well as links to private equity.
Actually per the rns they have said they’ve got experience in the sector
The nomad wouldn’t allow false statements
The new board going to be on a mission to get this big especially based on their backgrounds. Not small timers at all
As a long standing shareholder losing a ton on this share glad to see the back of the directors
However none of the new directors have any experience in oil and gas so presume they are going to move the company in a different direction so maybe they will not be going be going ahead with the Namibian assets. If so the company will be a shell with millions of tax losses over the years. We will all have to wait and see
He’s a deramper who’s missed out or a short seller ,simple as that ,he no holder that’s for sure ,so no interest to be here really
Indeed Torino but don’t expect poc to know that…
Let’s see what tomorrow brings but expect fireworks given the news never hit him till near cop
The PPL that have taken over are multi millionaires, if they wanted they could of bought them out, no doubt some deal has been done to offload them without any fuss or comeback.
Gosh if everything you are going to write has negativity attached then I ask WHY are you even here / invested POC !!
There's no cash in the company to pay the old BoD..that's why there is no payment.
Torino -
Couldn't agree more - very exciting times ahead :-)))
ATB
POC - Would you rather the company go bust with the old guard as that seemed the way it was heading ? Nobody knows the finer details yet, but new BOD seem very experienced- are you happy with not having to settle any payments from the old BOD.
The man who took a 5% stake at around todays closing price and drove the director changes. He’s also the man that called GGP at 0.5p and took a huge percentage. A year later it was 35p….If he’s put his money in here and driven this, it’s good enough for me.
Remember this license has 1 billion barrel potential…Oh and the market cap is just over a £1m despite a new board coming in that’s headed departments for billion dollar companies…And got extensive financial market experience with strong contacts.
Agree Cdf! Maybe Jeremy Asher could step aside and give those in TRP simile hope. Reckon this could be this weeks hot stock! It was priced as failed this morning this afternoon there is big hope!
Page talking them down as if he knows there experience first hand. Private equity connections could open endless opportunity here and we know that is now in abundance. Also points toward funding away from ads dilution.
Remember a company that appointed ex ceo Dana ,trying to remember the name it was about 15 years ago ,it went from 0.5 to 39p ,one of the biggest rises I’ve ever seen over a 6 week period ,maybe someone remembers that also .
POC -
Let's give them a chance eh rather than doom & gloom from the off !!
GL to ALL those who can be patient enough to see what the coming weeks / months might produce ..
They are the calibre to get any issues sorted ,short sellers will try and gave their day but today failed miserably like those who missed out when the market cap was £600,000 ,myself I’ve already bagged and don’t intend to sell all ,may topside a few at 0.7
If the company doesn't get cash fast it's curtains. The problem still remains. Unless these new guys are going to stick their hands in their pocket and pull out £3-4m it's over. The company is still in the same position.
Wasn't looking good a few weeks back and a lot of work to be done im sure - but very promising and appear to be shareholder driven - who knows how high this could go - not ramping !!
Why?