Member Info for EyeGuy

mms short. cant buy a bean again

Flying. NT to buy at 2.7p. back over 3's in no time imo

Let�s see where this goes today. Stock in very short supply. Lots of posters said farmout news months away and gbp wouldn�t be able to afford drill. Well 2 days later farmout proces has begun with all costs intended to be paid by the other party. This is going to get very interesting

Dougal- and that�s very positive. News should be thick and fast now. No costs to gbp - they will be getting a free carry o thu can nail this.

Recently Stellar acted as advisor to Tullow Oil in their successful farmouts of Namibian Licenses PEL 30 and PEL 37 to ONGC Videsh. Stellar's highly regarded team of professionals are based in Mayfair, central London where data rooms will be held for the Global farmout process Sounds like someone has approached them already

Madchatter- the bod seem very happy with this as they are going for all costs paid by the other party. As had been said, cos based on 2d seismic and we have oil seeps on at satelite imaging for gemsbok. The bod have acted quickly. Maybe they have already been approached? Huge upside here. Priced at cash only with billions of barrels of oil priced at zero

We will see of course but the numbers here are staggering. $70 per barrel. Higher target could be up to 6 or 7 billion barrels. Gemsbok 1 bill barrels. Even if they take 60% and left us 40 then net that�s 400 million barrels for gemsbok. At say $25 profit margin that�s still $10 billion worth right there. Currently priced at 0p. Majors working in area and that was mentioned in the news. Hold on to your hats

Well we will see what happens. This is looking very good. Asset that could well be worth $billions priced at 0p and farm out process happening. It sounds like someone has already approached them after that cpr as they have moved fast. Could be tullow? Should be well over 6p on this news and after this awaiting news on the partner and deal etc

There�s no stock. Company are happy with the cpr. Highly prospective license. Majors moving in. Oil $70. �5 million in bank. 3 billion barrels of oil. Stellar already worked with Tullow. It couldn�t get any better.

Data room open shortly in Mayfair. Newsflow pretty much guaranteed now. Likely imo they have been approached already after that cpr and now want all costs paid by third party so no dilution. Free carry on this asset which is valued at zero anyway. Huge re rate coming now. Watch the mms ******* around but be patient imo

It�s great. Stellar worked with Tullow in Namibia. It�s going to get very interesting now. It�s happening. Wish I added more at 2.3 but I�m in enough stocks already tbh. Could well be over 4p tomorrow. 10p target short term easy imo

With all work funded by the other party. It just gets better. Majors moving into the area. Mentioned again about the high prospectivity of this area. They obviously think this cpr is great as they are after all costs to be met by the third party. 3 billion barrels of oil priced at 0p. Ha ha. So glad I�m in

Fair point- and that�s your opinion and I get that. But news released now suggests otherwise so we will see of course but gl anyway. I see 4p tomorrow. Company are happy obviously as per news now. Looking great

4p tomorrow. Share shortage. MMS short and taking the pee. Doesn�t sound to me that the previous rns was bad. Quite the opposite as they will be getting costs paid. Brilliant !!! Things moving fast

Get in you beauty!!!!! Amazing news

Pi- that�s the whole point. If you buy back in on the farm out rns then you can have a few of my shares at 10p and I�ll keep the rest. As has been stated many times- the asset value here is 0p. When farmout occurs a lot of value will be added. You must like the stock and location etc as you bought based on the information previously. So you can�t prove you are right until the rns comes. If you are wrong then you could be missing out on a lot of cash. If you are right- this co. Valued at cash anyway so little downside if any. The carrot of farmout will always be there unless you hear otherwise

Find Dougal. Probability is 5% across that license. The risked adjustment of just over 400k barrels of oil fits. GBP have 12.5% on 2d seismic. I think this farm out will come and the re rate spectacular. Just needs patience imo

Can u find the link for COS for Tullow please.

agree. sells at 2.4p. which is odd because yesterday folks were selling under 2.3p and it goes up on nothing. next week should be very interesting when all shares have settled

don't know. mms to me are still searching for stock.