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They may have submitted a tender but that’s about all for now …..
To lighten the mood here:
Guesses for what the SP will reach once the RNS imminent news of PET submitting a consortium tender for the license is confirmed
Go carefully new investors …….
Hi Sampson and Pauly my story is exactly the same but like many long time holders here I have no option but to hold on and hope that the unimaginable might just one day happen and this sorry excuse for a company finally returns some shareholder value.
Hahahaahh! Yes mate I’m as skeptical as you are pal!
2030. Even that could be too close considering how long I’ve held these. Think i first bought in around 1990 something. Should have sold after the gulf war when the shares went to 150p but I was young !
January of which year should be interesting Sampson?
January 2030?
Yes well. Just a little cautious maybe I shouldn’t be. With all the previous nonsense that has gone before us…
Anyway yes with such a small mkt cap. Could be interesting. GLA. January should be interesting…
Abdul Baqi Khalaf, advisor to the Minister of Oil for Energy Affairs, told the Iraqi News Agency (INA): “The sixth licensing round has now been announced and all Arab and foreign companies can participate in this round,” indicating that “the Iraqi environment today is promising, especially the oil fields, and there are potential studies with a positive vision for these fields, everyone is welcome to participate in these investments."
We all know that a tender update is due
Hi Sampson
I only play the market for fun like Queen's Moat Houses years ago, then ASOS which was then called As Seen On Screen, Bitcoin, Bahamas Petroleum when it was bombed out and now Petrel which will fly to over 20p with any sniff or hint of a statement about offering a tender with a consortium for a licence :)
Looks like its going one way for now, what's coming, clearly something as its been a long time!
Buy in at your own peril ! Be prepared to wait ….
It’s will be a rollercoaster 🎢 journey folks.
Cruising today and not a sniff of any traders...
But with a Market Cap. Of just 2/3 million. Well worth a punt if you can afford to lose or sit on what you invest for many moons to come.
Would most defo take this with a pinch of sand. Let’s see what happens.
"fossil fuels will be around for a few more years to come"
Plastics, paints, solvents and many more items come from crude oil. Can't see how the transition to green can happen as it's being subsidised anyway, showing how inefficient cost wise it is at replacing fossil fuel energy. If the future is totally green then only a few wealthy people will be able to afford energy IMO. Countries like Bangladesh would already prosper if they got their vast coal reserves mined and burning away, but i don't know what the stumbling block is over there?
Would like to think someonecan sense something is coming, perhaps Iraq news on Western Desert Block or more likely the Merjan oil-field.
Haven't kept up on much news here as I've grown old holding this stock, though did get fed up at Clontarf and sold, wondering if I should revisit there but no Iraq interests in that company, just the Ghanaian ratification saga, though they added a Lithium project a few years ago
GLA….. let’s see wot JT and DH have submitted for …?
Yes but do we think they have tendered for anything....?? Maybe not .......?
Tendering and being awarded 2 different things- but yes, lets remain positive. GLA long suffering shareholders.
Thankyou for your input Caesar, how long have you been invested here? And whats your holding...??
Only 4 weeks away until the first quarter when things come to a head.
By now Pet and their consortium should have tendered their interest.
So, by and large, a confirmatory RNS should therefore follow very soon.
Yeah mate.... lets just wait another 25 years .DH and JT wont be around anymore i wouldnt have thought what will we do then!!!???
Well, it was fun while it lasted.
Pet getting expensive.
Well Ireland is one of five members of the European Union that are not members of NATO. The country has a longstanding policy of military neutrality: it does not join military alliances or defense pacts, or take part in international conflicts.
If and when Petrel form a consortium, are they obliged to release an RNS when they officially tender for one of the 30 licenses or do we feel they may have initiated this already