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Just have a look at WCAT another Namibian explorer done 100% on no news
Global Petroleum next
3M Buy popped up from late yesterday too! TR1 soon IMO
Nice
Also a larger buyer in 2.5m
it's not a block buyer...it was me....2 trades ISA and SIPP
This 500k buyer not stopping
Out of all the drills happening soon Global offers the best upside near term
Total and Shell getting ready for the 2bn barrel drilling
AIM is all about getting in early
#GBP #GLOBALPETROLEUM Booom! maersk voyager expected to arrive at port of walvis bay Namibia on Friday 19th nov!
biggest drill for over a decade in Africa getting close!
Should start to see a nice run here past 1p in coming days/weeks!
Oil strike then 5p plus imo
Noticed these large delayed buys are very regular after 4pm
There was multiple 2.5m ones last week
Big pockets loading in early
Breakout today
blue again today? a slow rise over 1p will do me
farmout and a 10 bag is still cheap
Bit of limp finish in the end but then a 3 million delayed buy from 5 mins before bell popped up.
Will be nice to see when this really gets going, will happen very soon.
In April, ReconAfrica released exciting preliminary data from its exploratory wells that confirmed an active petroleum system. According to Petro Online, “Analysts estimate the company could generate 120 billion barrels of petroleum on just 12% of this footprint, potentially outperforming the oil-rich Permian Basin in Texas if exploration continues
• Stable jurisdiction, excellent fiscal terms
• Excitement in the oil and gas sector:
• ReconAfrica found oil shows in its 2 stratigraphic wells onshore NE Namibia with its share price now over 12 times what it was 2 years ago
• Offshore there are significant players: Shell, TotalEnergies, ExxonMobil, GALP, Maurel & Prom
• Shell about to drill the Graff-1 well, TotalEnergies the Venus-1 well, both of which are playing the same source rock as Global in its licence
• To the north of Global’s licence, ExxonMobil has a large licence position, similar in area to its Starbroek block in Guyana
We’ve not seen this volume a while now
My thinking is there isn’t many sellers now after this volume
Wont take much to breakout
Hit 1.5p in Jan this year!!
What's not to like....the upside here is huge + with 2 bites of the cherry with 2 separate major drills coming up then could easily be seeing 1p+ in double quick time.
Mr Multibagger has been buying
https://twitter.com/eyeguy_one/status/1460550606909841412?s=21
#gbp
? Majors drilling all around our licence
?Namibia tipped as next #oil and #gas hub
?4m Mcap
?2m cash in bank
?ongoing talks for a JV /farm out
Imo if any major gets whiff of oil = #gbp starts to multiply fast
We get a jv and also strike —>company (& life) changer
Have to say since the African Oil week last in Dubai there has been some big interest
Who’s buying will be interesting to see
MM’s letting the large buyer in
Who can it be
UAE holder ?
The volume tells the story
Wallets pulled out
Good to see this moving. If Venus-1 is the reason don't forget to look at ECO, which is the second largest acreage holder offshore Namibia after Exxon. It's four licenses surround Exxon's acreage and the area predicted to have best chance of effective Kudu shale source rock.
http://www.alignresearch.co.uk/eco-atlantic-oil-gas/eco-atlantic-oil-gas-now-holding-the-second-largest-footprint-in-hot-offshore-namibia-after-exxonmobil/
Another 6x 500k buys so far this morning...nice.
When are we due an update? I have lost track of things here.
500k buyer gone a mad buying spree
1.50 is still only 12 mill mcap for 3 billion barrels we get a jv amd this is a 10 bag minimum 40 mill mcap.
the drill hits its jackpot time imo