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Strong start to the week, good to see some nice moves. Been in here since the summer with the thoughts of being long, added more 10 days ago at just the right time.
Exciting times up ahead.
Chart trending up
https://twitter.com/zakstraderscafe/status/1462747380277813258?s=21
Sellers are drying up. Low MCAP and drills nearby by majors mean this will hopefully only go up from here!!
Good luck all
This looks like it’s about to go on a run….. 0.70p about to be paid and we should soon have both feet firmly in the 70s!
Good luck all
This thing is ready to blow again. 0.70 about to break any minute then we're off.
Nice steady rise this morning which is good to see.
Could be fully in the 70's before long.
LOVELY
They need sellers to fill large orders but no large sells
Buyers just taking this up
Friday you could buy loads with the small traders seld out
Today its opposite nothing available
Nice start with the 1m buyer
Big private investors
https://twitter.com/smudgedann/status/1462684215342940162?s=21
This is going to fly away
Valaris DS 10 is enroute to Walvis Bay for Shell graff 1 well
https://www.shiplocation.com/vessels/ENSCO-DS-10/CURRENT-POSITION/9698666
Arrives this week
With Total drill ship in Namibian waters and the Shell rig on the way, things will really start to get interesting here.
agree eyeguy i remember wen pet 25 bagged majors oil hit farmout and our own drill hit i agree 100 bag potential imo
End game prize could be a $6 billion oil license
Imo dyor
Let’s see
Boom- Valaris rig on its way and it Namibia end of next week. Amazing news !
Next week let’s see 1.5p
cheers eyeguy . yes posibility of lifechanging gains here for some. im leaving skin in the game here for that posibility all imo dyor ect
Awesome news the Shell rig on its way to Namibian waters now.
Excitiement will build with 2 majors drilling imminently. Still only £5 mill mcap here, can see it around 1p or £8 million mcap by the time the drills start.
DND- Worth looking at the presentation here if not already seen.
-Marula prospect (part of GBP license) has NPV $600 million but it only roughly 10% of the license.
- The “kuda shale” type source rock is shown on t presentation to overlap the GBP license. Same source rock as Brulpadda and Luiperd in South Africa.
Simple extrapolation of figures would suggest multi billion dollar NPV here for >2 billion barrels of oil.
This could well be the EUA type rise in the oil micro caps. Should start to get very exciting indeed
Dyor
https://www.globalpetroleum.com.au/uploads/files/reports/2021-africa-oil-week-global-petroleum-1636626905.pdf
I'm not in but the only shrewd way to play this share is to put a bit of capital in now. Hope the shares rise in anticipation of the Spud, then sell your initial stake so that you're just holding with your initial profit. It could instantly ten bag on a good result, but it can certainly crash back down to earth on a duster. Shares like this aren't really 'investments' but white collar gambling. Would of been better advise a week ago, but hey.
It is very exciting times, the rig expected to drill Shells PEL39 (Graff-1) is enroute to Namibia’s Walvisbay.
As Jon Snow once said - “Now our watch begins” lol
yup add a jv and a drill ourselves and where looking at one massive multibag potential. exciting times ahead imo
Yep with an mcap of just £5 million even after the rise this week there is a lot of room for this to go a lot higher.
GBP have got 2.3 billion barrells attributed to them on their licence with Total and then Shell drilling in very near vicinity. Even an sp of 1p would only be £8 million mcap.
Any whiff of oil from those majors and it's 2p+ easy.
yep. its going to go well over next few weeks imo
That’s crazy volume 60m and 80m in last few days
Almost 20% traded and we were held back
Oversold but now its ready