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Market cap only £5.7M, by far the lowest for any Namibian oil stock. Net current asset position looks around £2.2M meaning enterprise value is only £3.5M at the current price. Way too cheap in light of Graff and Venus.
There is a war going on with potentially dire consequences for us all. Had you not noticed?
Surprised at SP movement the last few days. Oil price shooting up, plenty of oil found by others in a stable country and people sell here. I assume some share sentiment of Geowick. Does suggest that any positive news will send this strongly up.
It’s golden isn’t it, peace and quiet
Interest and volume dried up today. Even Afzal Valli not tweeted for an hour !
We need concrete news from the company about license and farm out and long term holder like me me deserve to be informed and wish we had a Colin Bird on board who gives shareholders regular updates
It’s a strong buy at $50 oil let alone $100, topped up yesterday holding a lovely chunk of these go north
I think the license is a done deal imho, I’m sure #gbp will let us know in due course the plan for action. Hot jurisdiction for oil we are operating in. Namibia will want all the proving up it can get
So we are now accepting that the Licence extension beyond September is important. Good that’s progress.
I do think Italy may progress quicker now that they are desperate for gas ..that’s a positive. Maybe they should focus on that.
Hi Spike66, I contacted the office to ask if they could update us. Perhaps you can do the same as well.
All eyes on #gbp to get some proper business sorted, license extension and a farm out so we can get drilling please
No mate… just what I shared last week. Hopefully, we’ll get an update from GBP which will confirm the present position on a) the licence extension b) expressions of interest.
Hi Spike66, do you have any gist, rumours or update for us?
Topped up again today on the dip, bargain
sorry folks, Harel and Davwal were lying in eco dreaming when I put some salt in their eyes. They missed their way to here.
poor chaps.
Anyways I will now post strong buy gbp over on their board at eco lol, can't beat em join em,
Usually just before news or a decent rise is about to happen they turn up
Both harel and davwal are boys on the same stock else where pumping while deramping here, nasty cants,
Another one for the bin. Harel
Dav, there is no interest in gbp's 2d acreage, or in trp's shared 3d prospect.
They have no money for a 3d.
A dead dog kept alive by placings at least until the walvis will be proved.
These ametures are clueless, at least the imrich kind of posters, no point trying to rational with them.
Don't worry davwal we will be over at your share soon to discuss why it's going to be a failure and people should sell up too and buy gbp for a 10 bagger, no need to keep an eye on this board no more we coming over
what bleeds accept your rich ideas??
Touchy lot here, aren’t you. I might have pointed out the bleeding obvious, but am no deramper.
As GBP deramps go, that was lame.
GLA
As a non holder I think I will wait for them to find oils first for definite then invest while you guys bail out with 1000% + profit
some people seem to have no clue what is business law nor business ethics. Governments are not mafia as some want to see them. We will get the licence as expected and we will get the JV by the will of the lord.