Member Info for ARahim

if my theory is close to reality and because shell drill is above total drill and the oil is light. it might be that total will not be lucky enough as the oil may have migrated to higher position. That is if the pocked they are digging is continuous??????
just a guess????

total keep silence about venus drill.
https://totalenergies.com/investors/results-investor-presentations/investor-presentations

the map
https://www.globalpetroleum.com.au/uploads/files/reports/22-02-07-graff-final-1644236804.pdf

sp is talking load; No more traders please. Volume is 1% now. it was 10-30% in those turbulent days.
gbp licences are close to shore. depth 200-1000m. drill should be relatively cheap.

Rich, if gbp are happy tweeting about shell results I guess they believe the correlation is high. we have the right to dream of a farm in and a handsome sp to start with. as I said before 15p is my dream number now, no more those poor 5p.

The last sp move experienced 2 days where volume reached 30% of mcap in each day. Taking into account there are repeat trading in and out for short term traders in the same day, there must be between 10-20% shares in new hands. the last few days trading was 10% each day. today was 5% of gbp capital. Today trading shows considerable volume reduction which is a sigh of stability or changing direction. MONECOR position does not change a thing as they have no access to more than what we get from RNSs. by the look of last large trades; no repeat round numbers means MONECOR is not involved but some LTH offloading or even those bought early and traded and they will buy back soon for another cycle.

and here is my ramp:
5p what a cheap offer? I wont accept 10p, 15p may do.

55, 'someone buy the company if they want to', is the company on the shelf up for grabs? may be the lower 10% of the company or any other company are always ready to trade off but the rest they will ask for the full price. There is;
expected 2b of light oil 'the best of oils' in the ground.
wait for the farm in game to see the expected mid price. Today is the dogs day but things will change.

Geowiz is just repeating spirman post from last evening and here is my response again.
what a chance any one acting like a thief to guarantee he is not going to be robbed?

sirpman, what a chance any one acting like a thief to guarantee he is not going to be robbed?

either post your new position or the sp will stay low. No RNS at the moment is going to help you sell at 0.9? again. just file your new position and wait or jump in the mud with your rest of shares.
we are happy to see your back!!

Gengis15, you forgot to mention gbp Namibia offshore is shallow compared with shell latest drill. It is more economic and likely to attract a farm in soon. That is the main point here. with light oil, less depth and closer to northers already working fields for years 'Angola ... to Nigeria'. gbp does not need the minimum 300m barrels required by shell to be economic.

supply of cheap shares is no more available as seller is done selling his lot. next supply could be at 1.5p where warrants start to be attractive. Sp may not go up in one go but it will inch up. Keep you shares if you want to see the good prices.
de rompers were not expecting this RNS that is what pushed them to leave their rabbit wholes.
TR1 RNS will cement their case.

07-Feb-22 08:50:47 0.7299 911
07-Feb-22 08:50:26 0.7299 100
07-Feb-22 08:49:15 0.73 911
07-Feb-22 08:45:33 0.765 911
07-Feb-22 08:44:57 0.767 260
07-Feb-22 08:44:21 0.767 260

The big sells were from yesterday but filled only today. That is what created the excess supply. As the day traders start selling out they did not find the level of demand needed and that is what created the sharp decline. The shares from yesterday '55 millions' cover the 6% still help by Monecor. They are gone now. Monday without news expect price to start in the 80s and climb back to 95-97 where it will settle till the next news. Next news has to be strong to break the warrants barrier of 1p.
So far we had good news about existing of light oil and may be the start of the second drill by shell. This decision must be requested by Namibian gov to get confirmation as soon as possible. Farm in talks for gbp could start any time now.

It may have to do with the cancelled Nigeria drill by shell. My guess it will start immediately the second drill. ??

they are real
04-Feb-22 14:41:39 0.78 911
04-Feb-22 14:41:33 0.78 63,333
04-Feb-22 14:41:32 0.78 133,589
04-Feb-22 13:41:32 0.8 1,300,000
04-Feb-22 14:41:28 0.76 11,747
04-Feb-22 14:41:08 0.78 911
04-Feb-22 14:40:54 0.78 80,647
04-Feb-22 14:40:42 0.78 911

3 911 th in the last few minutes. any glass reader?

what difference that will make? 2.9B or even 1B for a small mcap of 6m. as you heard shell are saying anything above 300m barrels are economic to extract. 'given they have a depth of 2000 m in sea'. The farm in partner will be likely to take some risk and shell has just de-risked the area for new comers. gbp will be at least 40-60m by then.

if they are as deeply depressed as you are???