Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Global's view is that there is commonality of both source and reservoir between the Shell and TotalEnergies discoveries in the Orange Basin, and PEL 94. The Company believes that the Walvis Basin, where PEL 94 is situated, also has the potential to be extremely successful, but has the advantage of much shallower water depths generally than the discoveries in the south, leading to significantly lower drilling and development costs should operations proceed to this stage. Water depths are approximately 1,000 metres at both the Marula and WelwitschIA Deep prospects in PEL 94, against approximately 3,000 metres at Venus-1X.
The depth to drill from seabed to the expected prospect depth is around 1,500 metres in PEL 94 compared to over 3,000 metres at Venus -1X. The Company issued a Prospective Resources update on 27 March 2023 which communicated, in particular, that work on its principal prospect Marula saw Unrisked Gross Prospective Resources grow from 218 to 411 million barrels (Mean), an increase of 89%. Participating Interests in PEL94 Global is the operator of the licence and the participating interests are: 78% Global Petroleum Namibia Limited (100% owned subsidiary of Global Petroleum Limited) 17% National Petroleum Corporation of Namibia (Proprietary) Limited 5% Aloe Investments Two Hundred and Two (Pty) Ltd.
I wish a bookie would take a bet you dumping in the first 10 mins of the open tomorrow GB, whatever is the highest % spiker you are pump and dumping it
I. missed the 8.5 mil trade at 14.5 in play earlier, that will have been what triggered the break of 14.
Yup onwards and upwards now that 11 mil biggie is filled. explains the drop they needed buyers to get It over the line.
Interesting that it closed at 0.15 mid when virtually all the trades in the last hour or so of trading seemed to be centred around 0.14.
Suggests to me that there may be a very big order being worked and that much of the trading late on was mostly about hoovering up stock.
This is showing up 100% on this site too 0.15p , spread 14% , top of riser table.
My broker has no movement in price .
11th March below was the low at 0.06p , matching recent placing price .
Cheveron have farmed into the same basin where Global Petroleum has acreage
On farmout news a few years ago this was trading around 0.60p !!!
Yep, fingers crossed it keeps on trucking, but i couldn't really turn down that 2 day jump.
Ill keep my eye on it and might get back in, but it was too good to turn down for me today.
Watch me vomit if it does 50% tomorrow!
Good luck all.
Perhaps entered a little late today Jan but reckon you’ll see another stab at .17 tomorrow and likely quite early. Mm were quite keen on keeping the offer At .16 even if buyers were paying it in full
Nice bagger today ,expect another rise tomorrow.
Well not quite the end of the day which I hoped for, but after coming in late at 0.125 it's pretty good,
Wonder how tomorrow will go
Looking up again, 14 to sell 15 to buy, reckon we will see another stab at .17 tomo with ease
Got back in at .143 - was sweating for a bit and yes risky but paid off :)
Risky move...
I was tempted to sell with the 0.155 quote with a similar idea, but it was just going up so decided to hold,
Hope you manage to get back in before close...
It could open up another 20% in the morning.
Good luck holders
Haven't been able to buy for 5 mins! I sold at .15 and now trying to get back in but MM's not having it!! baar..stewards!
Cant buy a bean - funny that I want another 5k at this price cant get 50 quid
They are trying to mug a few as trades dry up into close, don't be that guy!
I think we can be confident that this will go to .20 tomorrow they way its holding up. We could have a strong close here
ALGW worth a look results and price nice movement.
He can't afford to buy into any stocks which is why he is always desperate to be the doom and gloom merchant he is.
Thank you for the lovely profit GBP, I've been waiting quite a few weeks for it to happen, should have bought more back then, will probably do so the next time the opportunity arises.
Didn't want to be greed & I really wanted another 75,000 MIRI in a desperate hurry, which I was able to achieve with the addition of £75 to my GBP profits.
Good Luck Everyone
LOTM
Lol OpenH...
If you brought in all the stocks you say are being pumped you'd make a fortune.
Here comes the dump
Looks good to move into close holding like this is fantastic
Icon a few weeks ago burst out , the Market asked the question and suspended them (rto talks in progress) the fact we have not had anything before the US market open, feels a positive, update coming, no immediate S.T , 🤞🤞🤞🤞 question asked and Mr M happy with the response........... GLALTH 🤔