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Great RNS today as it allows us to have the funds to and also get the directors to start their plans to:
--> sort out namibia licence
--> Start looking for new projects
--> mr page believes in the namibia project could be significant for global
-->unlike peter hill and his band of muppets - Page is actually going to visit namibia which i think he really wants to make a go of it and i think that means joint venture of farm out
-->Cost review and the DIRECTORS already taking the first brunt with NO salaries which is very bullish for their ambitions and financial prudence they said earlier this week when they entered
-->Love the quote of multi year goals
I read this on twitter and it made sense- the first task of the board is to mop up the previous management mess up in regards to finance and the namibia issues. That is past us now and they can get their teeth sunk into the work now
very very excited for the plans coming
New management but the same old placing at the same old placing price - 0.06p - and the new management are only 'beginning to look' at new prospects at this stage.
What do GBP and Msmn have in common?? CMC Markets for their bucket shop placings.
Reads really well and looks as if the new very experienced board members mean business. Time will tell but this could be a massive turning point for GBP dyor
Still holding!
Is he still holding this or sold out few days ago
Just need more selling to see 50 percent down again. No wonder people will sell at a loss
Don't often get spiked but left holding a sizeable chunk at 13p and so nearly bought enet yesterday so feeling very sorry for myself
Crazy how fast it can drop.
Feel bad for the bag holders.
I don't know why some people are expecting GBP to rocket? It has a licence in deep waters and it can't extract oil or gas by itself. It does not matter who is the boss now share holders will lose 80 to 90% of their value in the next move if it is not more. GBP was banking on someone starts work in the area and prove good reserves but no one is willing to jump first.
PTR has no cash for this and exon mobil can afford to wait few years and get the lot for free. It is obvious they are in no obligation to go ahead with their exploration. The previous boss understood this and left. The new ones has no leverage to bring this to safety. Sp likely to drop to 0.02 before any one has to will to grab another 50% of mcap for £200.000. just to keep wages for the new lot.
If no move is made by Exon Mobil in the next months GBP is toast, simple. It rests with the competitor for survival!
strange isn't it.
Look at his other stocks. Mosman. Year low today
IM sure you was saying the other week this will go to the moon etc
It's GBP why are you so surprised. This is nothing new. Short attacks are very common here.
Yesterday 0.16 or 0.18. Today. 0.08. Can’t believe it. Those sellers must be selling at a loss
Mannan did you get sacked in lol
Why would you buy at 0.16 when you could buy 0.04
Where is the brain
Yesterday she was the top riser of the board and today she is the top faller of the board. But tomorrow staying in the middle of the field
This is the life in this. Stocks market
What happened?
Board changes lead to 100%+, MMs take profits, stop losses are triggered.
More importantly, significant rise just because of board changes - way way way over bought, now people are bag holding and waiting for the next significant RNS
Sold to. B. P
Is that what you think?
I don't think there will be fund raise. I believe this company will be sold.
Good to see the board changes,well overdue.
However looking at those trades there could be a fundraise on the way.
Not a bad thing but I will wait for that funding RNS.
Once that's out of the way then its game on.
Gla
Troajan
the bounce is coming
EarlofAim
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