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Spot on
May be Ceclilia is out of her depth, alongside the two shareholders who brought about the 'Dan and Ceclilia' show and the joke Cyprus deal.
Unfortunately it seems like all around amateur hour.
I can’t help but think this country is finished and more people will jump ship.
From all the sims and hype about the big plans it’s all be thrown in the rubbish. Mentally I have written off my investment but of course hope it can break even. Need about 600% I think.
Looks like the end to me. Shame because I think they have some nice licenses.
Looks like comms have dried up here unfortunately.
Seems to be building on yesterday's movement with no real sign of any selling in to it yet!
Will be interesting to see how the rest of the day goes & if there is any rush to be in over the weekend, in case an RNS drops 1st thing Monday.
LOTM
Big close coming……..
Pre placing pump
Tin hats at the ready
🤔
Looks like something might be brewing ......... going by the share price today.
LOTM
The problem with the Namibia asset is that its going to be very hard to get a farm out until someone has a successful drill elsewhere in the Walvis Basin to prove that the Orange basin success will extend there. Much better to get something that has nearer term impact imo
Surely Namibia was the ‘golden goose’ of their portfolio? That’s why invested.
We are all in the same boat Pauly.
If you look at Cecilia and Dan’s CVs arguably Cecilia is more impressive - question is whether she has the ability to bring a new asset to the table. I have done some research on her, she has a lot of links in the Fintech space so it may be that GBP pivots in a new direction?
I also looked at Cynergy in some detail. Mike G has no background at all prior to working at Cynergy (and their associated companies) and also his business partner in Guernsey has had a run in with the local regulator, so in hindsight that may have been a bullet dodged.
Another factor here are the large shareholders who originally pushed out Peter Hill and I suspect had a disagreement with Dan which lead him to resign. They will be pushing GBP in one direction or another in order to get a return on their investment.
Finally GBP have to agree a cash guarantee payment with the Namibia authorities this month to retain their licence. Are they going to do that or relinquish and move in a new direction?
Suspect this month will be pivotal.
This is more about how I have seen my investment go 95% down and from being excited with all these super positive posts, everything going downhill suddenly.
Amateurish at best so far. I don’t have time here for irony and petty squabbles. My focus has now changed from believing in the company and investing for the future to now simple breaking even and getting my money back
Sounds like someone got out the wrong side of bed.
Anyhow, I wasn't making a statement rather an observation. Also, it seems that irony is a little lost on you
‘ a bit of a mess’ to say the least. Understatement of the year I think.
Of course Cecilia and the rest have to explore ‘alternative plans’. After all PLAN A has gone to put. So again an obvious statement.
It’s certainly a bit of a mess to say the least. Hopefully Cecilia is being credible when she tweets that they are looking at alternative plans. Im also hoping Omar and the other large holders have a plan up their sleevs which is better than the last one …
So far nothing more than a sh## show. From all the excitement it’s now looks dire. With all the big statements our ez director made there was something not authentic about it.
He left last year, its Ceclilia now (or at least this month lol)
So what’s happening now is Peter Hill running the show or he never stopped
Of courseThe Company wishes to advise that further to its announcement on 26 January 2024, the Partnership Agreement between the Company and Cynergy East Med LLC has been mutually terminated following the resignation of Executive Chairman, Mr Daniel Page
Out of interest, do you know who writes the analysis that you have posted ?
I don't think there's much choice really. It's a public co. The RNS is out there. She has to be on the front foot. She is last one left that commercially can have a story to go with. Otherwise? If she didn't do that what would happen? If she is next to go then will it be a story that Draffin is great or that Azib is great and has a plan c, d, e? I love watching this for comedy value.
Well she’s already updated the website to remove Dan. Suggests she means business. If she was throwing the towel in she probably wouldnt have reacted so quickly.