Member Info for EarlofAim

wow!!
chevron paid $100M for a Namibia off shore licence!!

How much is GBP licence worth then with 2.3Billion barrels of oil

Nice to see this ticked up

GLA

Chevron said it online they are after Namibia oil and gas and GBP has what Chevron wants....... join the huge dots....

exciting times ahead for GBP and Chevron.

Ceo of TotalEnergies on bloomberg

Consultant Wood Mckenzie Ltd estimates Namibia of shore discoveries could contain 6.5 billion barrels of oil recoverable reserves!

hopingforbags

Chevron needs to make move quickly, because if Chevron fails to secure a deal with GLOBAL PETROLEUM GBP then French TOTALENERGIES or Shell (Dutch) will certainly move in.

so GBP could be targeted by any of these big boys
Chevron, Total or Shell

I have a feeling GBP could be 2022 intraday 10 bagger plus more should a sniff of news comes.

GLA and Dyor before its too late

what do you reckon hoping for bags?

£30M is very cheap?

£60M is like 20 Bagger!!!

Chevron knows how quickly small cap moves, so Chevron could make a buyout offer, at least £30M would be a good start.

"The acquisition of Block 2813B by Chevron, which is expected to be announced soon, is the first step
in the US oil major's wider strategy to conquer Namibia"
click on the link..... join the dots and GBP to present on Thursday 6th October.

all seems lining up nicely.

https://www.africaintelligence.com/southern-africa-and-islands/2022/10/03/chevron-s-orange-basin-acquisition-is-part-of-wider-namibia-strategy,109830015-art

taking on Namibia, that's where GBP LICENCE is

not Cameroon or South Africa.

worth researching global Petroleum,

haha
better be late than never as the saying goes.

still early days for GBP to do 10 Bagger.
sp not moved, let Chevron JV with GBP or buyout for good.
it's been a long time coming.

GBP Global Petroleum to speak on Thursday 6th October 2022
this will fly tomorrow!!

https://africa-oilweek.com/agendas/africa-oil-week-agenda/aif-presentation-global-petroleum

GBP is in Namibia

looks huge news coming

broker target price is 59p

wow!!!

Rns 26 sep......

RMM are a loss making company hence because of the risk the dilution will be huge!!

'The Group's ability to continue operating in the normal course of business is dependent upon establishing sufficient operating cash flows from the Ming Mine, and to the extent required, through access to equity and debt markets. These factors together with the continued unpredictability of cost inflation and the copper prices indicate the existence of a material uncertainty that may cast significant doubt on the Group's ability to continue as a going concern'

remember both use to rise together, well GBP needs to catch up

from rns 26th September,
why would anyone give money to RMM without a heavy discount like we saw on Friday from XSG (72% discount)

RMM are a loss making company hence because of the risk the dilution will be huge!!

'The Group's ability to continue operating in the normal course of business is dependent upon establishing sufficient operating cash flows from the Ming Mine, and to the extent required, through access to equity and debt markets. These factors together with the continued unpredictability of cost inflation and the copper prices indicate the existence of a material uncertainty that may cast significant doubt on the Group's ability to continue as a going concern'

echo 1

why sell tomorrow when I can see a big fat offer coming from The Gupta Family to take it 100%

sp is bargain and rare to find a profitable company in this current climate and where macroeconomics is looking bad

thermal power in Chennai and
solar power in Kanataka,
yes thermal is the bigger bread winner and Solar is not big as Thermal.

from Rns 26 Sept.

does this sound like a company with good financial health or a sick company on the verge of dying?

The Group's ability to continue operating in the normal course of business is dependent upon establishing sufficient operating cash flows from the Ming Mine, and to the extent required, through access to equity and debt markets. These factors together with the continued unpredictability of cost inflation and the copper prices indicate the existence of a material uncertainty that may cast significant doubt on the Group's ability to continue as a going concern.

Significant increase in freight charges with the logistics challenges following COVID-19. A reduction in copper price during the second quarter from a level at which it was expected that working capital requirements could be met from revenues

let's see if Next week this comes true>

Last Friday XSG done placing at 72% discount

what make ramblers holding to think This won't happen to RMM?

I won't be suprise if RMM placing is 60% discount

The Group incurred a net loss before tax of $9.6 million for the six months ended 30 June 2022 (2021: $4.8 million). As
at 30 June 2022, the Group had net current liabilities of $20.0 million (December 2021: $8.8 million).
However, the balance sheet at December 2021 had net current liabilities of $8.8m which increased to $20.0m at 30

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