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NICE. MARULA NPV STATED AT $600 MILLION. AND THATS ONLY 10% OF THEIR LICENSE. THIS COULD GO NUTS IMO.
VENUS DRILL APPROACHING!!!!
https://www.globalpetroleum.com.au/uploads/files/reports/2021-africa-oil-week-global-petroleum-1636626905.pdf
PAGE 14, CHECK IT OUT!
That’s a huge 1 buyer taken 10m
.59p paid and a couple of 1 Million buys showing up…it looks like this is about to pop!
Good luck all
agree eyeguy im leaving a free ride in here for the mega multibag possibility at such a tiny mcap
I've added some more. Just seen the presentation released recently and the chance of a 100 bagger too much to miss imo
dyor
Check out these figures! Circa 10% of #GBP license is Marula and that has an NPV of $600 mill.
Extrapolate that and license worth anything up to $6 billion on success
https://twitter.com/eyeguy_one/status/1461300187603914761?s=21
Leaky
Someone knows something
Who's this dvharrison guy ??
Keeps popping up with stupid comments..
...and NT to buy £500
small rises will do me
Someone hoovering up in 1,000,000 buys....that's 6 gone through in last 8 minutes.
Still up 10% in the last 5 days... Steady as she goes Cap'n
Did someone say the selling had finished yesterday? lol
Its probably Jackie
Can't seem to breakout out of this 50's trading range at the moment. Too many 10%'s selling when we get near 0.60.
Will hopefully break it soon though..
Nice shake out today
Will let in the buyers again
Hows the breakout going captain rampalot
I've emailed the broker to get this checked as 22 Sept RNS showed them at circa 101M shares but the website on 10 Oct
at circa 71M shares and new investor Imperial with 30M .... Hmmmmm
Could be Afzal I suppose, although he did say he wasn't going to sell any. Plus I think if he'd gone below 3% he would have notified.
Very possible sold out reason its starting to move higher
probably afzal
They’ve been doing funding which was holding it back with no activity in Namibia. Now its all changed with super majors like Total and Shell ready to drill
GBP has 2.9bn barrels on there own license which 78% is GBP
Can I ask, why is this company only valued at 4m Mcap? I mean the have 2m in cash and couple of licenses from what I saw in their presentation. Assets seem to have great upside potential as well. Shares in issue only 812m. Normally oilers are diluted to oblivion and shares in issue are +2 billion. Also I could not find how many barrels of oil they targeting in the drilling of the venus well and how much COS, and I read in one of the RNS that they were expected to start in 19 november(tomorrow)
Must say, quite impressed with how efficiently it works.
The numbers don’t stack up for me either, if Monecor have only sold 5m, who has been dumping all them shares?
Buyers on open where it left off yesterday
The current position of MAERSK VOYAGER is at West Africa (coordinates 7.03527 S / 11.27521 E) reported 51 days ago by AIS. The vessel is en route to the port of Walvis Bay, Namibia, sailing at a speed of 0.2 knots and expected to arrive there on Nov 19, 16:00.