Member Info for Bishop190

None at all, you just each seem to be pushing against a brick wall and I shouldn’t like you to fall out over it!
Don’t get me wrong, I agree that there is no harm in a different perspective and, for example, I didn’t know that Azinam have spent all that money on surveys. The exchanges seemed to be getting a bit testy that’s all ??

I suspect that neither of you is going to persuade the other so I suggest you stop arguing. I think we all know that AIM shares can be a lottery, we do our research and place our bets accordingly. Sometimes they come off and sometimes they don’t. Time will tell.

At 16.20 max is 300k shares same price

On AJ Bell this morning you could buy 250k shares on auto trade but not 500k. Price was 1.07 pence.

Well that is sad to hear and I am sorry for your loss. I hope all his shares have been worthwhile. All the best.

Maybe, maybe not, I am relaxed either way.
Oh, and I am not a girl Sonny.

A bit lower than me, I am on an average of 0.0043.

Lol OB, he is filtered on mine!

Could be, we haven’t heard from Perry for a bit!

Good work! Yes, threes would be nice :-)

Good work OB. Very small top up here at 0.003595. Managed to sell my tiny MPH holding at a profit! Averages me down to 0.0043 now.

Interesting possibility Jim, especially as Peter Taylor is on the board of both companies. GBP would however have to find US$6-7m.

Agreed OB, another few weeks wouldn’t make much difference for longer term holders.

A restricted link unfortunately.

I suspect that they are waiting to be told who the other partner is before stumping up. Though I thought they they were due to pay into escrow and therefore their money would be safe if it fell apart.

According to the Report for 1Q there was US$ 1.32m in the bank and a quarterly admin expense of US$ 0.32m. Aside from additional development or IP acquisition costs, based on those numbers, that would mean about a year before a cash raise was needed. One hopes that there will be some positive action way before that!
The quarterly cash flow is here:
http://www.globalpetroleum.com.au/uploads/files/reports/20-04-22-global-petroleum-appendix-5b-march-2020-final-1587535355.pdf
At 4pm you could buy at 1.44pence on AJ Bell platform.
As ever of course, DYOR!

Damn, you can’t edit here, I meant Invest, Iron is on the other board lol.

Jim and Iron, you each make a plausible case and it will be interesting to see which will prevail. In a company where two directors hold such a big proportion of the shares between them one hopes that whatever they decide will benefit them, and therefore us, as shareholders!

Waiting for news of cash deposit by first farm in partner and news of who the second partner will be. Then the spud!

:-))