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Global Pet. Share Chat (GBP)



Share Price: 3.75Bid: 3.50Ask: 4.00Change: 0.00 (0.00%)No Movement on Global Pet.
Spread: 0.50Spread as %: 14.29%Open: 3.75High: 3.75Low: 3.75Yesterday’s Close: 3.75


Share Discussion for Global Pet. (GBP)


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Theoilfinder
Posts: 1,554
Off Topic
Opinion:Strong Buy
Price:6.00
View Thread (2)
RE: GBP
19 Mar '14
Sanibel, I presume you're new to oilies? There are a huge amount of oilies listed on aim which are explorers as opposed to producers, therefore all will run at a loss.

However, it is the potential value of the assets which is significant and with TRP targeting 9.9billion barrels next door we here at GBP are sat on a gold mine should they strike.

What makes GBP highly attractive is the very low mcap (£12million) when compared to the likes of char, trp, bpc etc etc, we also have excellent cash reserves which at the current cash burn would last us into the 2030's so don't fret, this is the best of the bunch with significant upside on the back of trp and minimal downside with our cash matching our mcap.

BUY
 
MTSparky
Posts: 4,214
Observation
Opinion:Strong Buy
Price:6.00
View Thread (2)
RE: GBP
19 Mar '14
...and what if Repsol strike ?!?!?!

GBP would be at least 50p/sh IMO...;o)))
MTSparky
Posts: 4,214
Observation
Opinion:Strong Buy
Price:6.13
View Thread (2)
GBP
19 Mar '14
with only 200m shares in issue and the credit/cash crunch over, the world is GBP's oyster.

I would prefer a placing at 10p 100m shares to fund 3D in Namibia. GBP would get all costs refunded on farm out so would have even more cash...;o)))) plus on farm out with drill commitment GBP M/C could hit £200m like TRP et al.

with 300m shares that is still 66p++ per share and they would have £20m in the bank.
Sanibel
Posts: 2,957
Off Topic
Opinion:No Opinion
Price:6.13
View Thread (2)
GBP
19 Mar '14
Apparently GBP have moved back into loss again.
All costs from salaries and running expenses.
This can soon add up with no income so I hope they have something positive to announce soon.
Theoilfinder
Posts: 1,554
Off Topic
Opinion:Strong Buy
Price:6.13
View Thread (2)
RE: 4.5 weeks to drill
19 Mar '14
Fly my beauty...

Game on!
MTSparky
Posts: 4,214
Observation
Opinion:Strong Buy
Price:6.13
View Thread (2)
4.5 weeks to drill
19 Mar '14
....lots of time yet. GBP is going to be on more radars now.

Once 6p is broken we will whoooosh to 15p/sh....;o)))) (believe it and it will happen....lol)
alw51
Posts: 2,728
Off Topic
Opinion:No Opinion
Price:6.00
opitions
19 Mar '14
GBP safer of the 2 options just at the moment, I am also invested in TRP but still nervous of a discounted placing, the drop will only last a few days there if it does happen, momentum will pick up there and will move onwards and upwards, however here with few shares to trade, cash in bank, other projects and possible greater value off back of TRP drill, excellent value and I see as greater upside over shorter term.
aim999
Posts: 790
Off Topic
Opinion:No Opinion
Price:5.88
Volume picked up last few days
19 Mar '14
Going one way ..... Low risk in the tower drill
MTSparky
Posts: 4,214
Observation
Opinion:Strong Buy
Price:5.88
6.4p to buy
19 Mar '14
15p/sh....whoooosh!!...;o))))
alw51
Posts: 2,728
Off Topic
Opinion:No Opinion
Price:5.88
View Thread (3)
RE: positive
19 Mar '14
MTS...agree...finally people are waking up and this will move very quickly, good possibility by end of week we see double figures, similar scenario as MATD



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