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Very hard to buy a decent amount on the drop
Buy the dips, silly not to
Best to switch off, ignore the noise. Focus on the oil, can’t go wrong.
it seems the helmets have a role to play after all. The newbies are attracted by the new. They buy high and when the price drops due to the helmets sales the newbies will sell at a discount to allow the helmets in again. lucky helmets it seems. hyena clear the savannah and helmets clear the trading space from short term news fallowers.
What a cracking result from total also, glad to see our bod recognising that and putting an rns out. Just spreads the word a little bit more.
Will be interesting to see how Africa Oil gets on when TSX opens at 14:30. They are mid-cap and have a 6.2% stake in Venus. They were up 25% at one point yesterday on the rumor. GLA
It’s fallen far enough imho, expecting buyers now. Big holders riding this one out no doubt. Without Russian invasion we’d have had a bloody good day.
Why sudden change in price direction - EoA sold his 10 shares?
A few helmets have joined us again lol classic, clickbait ignore.
E of A is in TRP hence his deramp agenda here...sad really.
Wasn't he ramping the cr*p out of this yesterday?
Great RNS, oil prices are going to go through the roof, no placing needed, take no notice of the Trolls, they be back in school shortly
Haha EarlofAim my big butt, typical scaremongering nonsense in order to push own agenda. Whether GBP have underperformed has nothing to do with 2 massive finds in the locations. Sometimes businesses just get lucky and theirs diddly squat you can do about it! I won’t waste my time to name a few but the last 24mths have shown that dozens of times! Grow up and stick to the current facts and not your pointless rubbish.
If GBP already had a plan to place the price was probably premised on the assumption that one or both of Graff and Venus would be dusters. Given the stonking results have smashed all expectations I think management should just let the stock re-rate first before raising funds at a higher level. The fact the net current asset position is about 1/3 of the market cap means they should be able to wait and do this. Of course a placing could allow some in before a massive re-rate. GLA
derampers have joined the party
If it walks like a duck and quacks like a duck!
Trading like a fundraise inbound imho, can’t see any other logical explanation for today’s price movements, Putin shouldn’t have pushed this down today.
Can sell 5 mil @ 0.8133
Earl, your deramping of GBP is as outrageous as your ridiculouys ramping of TRP. I am invested in both but I guess you have only backed the 1 horse? Best to diversify my friend :-)
Yet you're so bullish on TRP whilst their net current asset position looks around minus £2M and GBP's looks around plus £2M. TRP OilR farm out deal failed and now the Beluga deal is way overdue. GBP seems a much cleaner proposition IMO, though hopefully they both do well.
ridiculous statement from GBP, and stop Posting others success, Post what have GBP achieved in the last few years??
GBP Global Petroleum had dreams and only dream when will GBP wake up and do some drilling?
They should be doing it at a higher market cap.
Big oil discovery. great news for our JV
whatever Rns reported we already knew last night from upstream.
Company getting on the pump to Placings IMO
looks like A Placing is coming
'Both Marula - Global's primary prospect in PEL 94 - and the Venus and Graff discoveries are stratigraphic traps with Cretaceous, deep-water sandstone reservoirs.'
'The Venus discovery and Global's prospects and leads in PEL 94 are interpreted by the Company to be sourced with oil from the Barremian-Aptian Kudu Shale ("Aptian source rock"). The Company's work has previously demonstrated that the Aptian source rock is likely to be present and charging its prospects in PEL 94 with oil.'
https://www.londonstockexchange.com/news-article/GBP/namibia-update-venus-1-x-discovery/15342311