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The GBP share price goes up and regular derampers like Geowiz disappear. I see that he/she has now been focusing on deramping PRD and BLOE today. Claims to own TRP and Char shares and yet he/she has not posted on LSE once on those shares during the last 30 days, very strange.
GLA
Yeah some serious stake building going on and a great price to load up
That makes sense twice the shares in issue
CW - 2p is just my target up to Total spudding Block 2913B, I see it going north of that during the drilling.
In September 2018 GBP hit 4.05p per share (Pancontinental offshore drill) GBP had 203 million shares in issue.
GLA.
5-10p possible here. Just the very start
I think 2p is a very conservative target. This could easily be £100m+ company when the green light comes on. Currently £3m market cap. Crazy.
David Dumpling
thanks
sorry guys, some on twitter saying drilling in September.
thank you for the clarification
Farm out process is underway, the information is in the GBP RNS's.
how can GBP be drilling with very low cash?
cash under £1M, they'll need to raise money to complete drilling.
All the conditions have been met for GBP's PEL to be extended next month.
You need to read GBP RNS.
Monecor (London) Limited is Spread Betting Company.
Does Monecor knows anything about the License?
why they selling?
what happens if the License doesn't get renewed?
I mean can the authorities reject the Licence?
The coming weeks are going to be interesting, GBP should have a nice run up to Total spudding Block 2913B. I have stuck a price target on my GBP shares of 2.0p.
GLA.
I make it 7 x 1m buys so far today.
Looking very strong gla ;)
3 delayed 2 million buys
"Meanwhile, in Namibia, Total is planning to drill the Venus well this year, on Block 2913B. The company did not commit to a particular time, but various sources have predicted the third quarter". Source: Energy Voice
Total could announce drilling Namibian dates at anytime.
Even 0.90 warrants price would only give £5.5m MCap which is extremely low for:
236 Million barrels (risked basis).
Got to 1.95 just in Jan this year when gross prospective resources tripled on reinterpretation of 2d seismic to almost 3 Billion barrels (2.284 Billion to GBP).
mulitbags on postive venus drill. maybe 5p+??
0.60 paid
Monecor probably done or pretty close.
More people starting to take positions here before Venus drill next month.
Yeah this price has been dragged down to a mc where nothing is priced in, any discovery here then boom from current price gla
Make that 6
5 1 million buys so far this AM
Agree, Davethedumplin,.... with our Market Cap of £3m, the Risk/Reward is good, (IMO),....fully loaded, here at GBP, myself.
BW