Member Info for EyeGuy

Good afternoon fundraiser. I'm in and still well in profit. Odd today and due to tight float would have expected much better. However the volume and interest is still here.

this is trading about cash value and you have 3 billion barrels of oil chucked in for free. This is taking the ****. I am happy holding these. No idea what mms are doing but would suspect that whenever they have finished it should be gapping up. imo dyor

complete manipulation imo. mms were short imo this morning and tanked the price and don't let you buy at the bottom. crazy imo. this should be much much higher. Its a fantastic rns

manipulation imo. likely the bigger orders had no stock to fill Imo. then they drop the bid and limit buys until stocked up. no other explanation imo. likely imo come back later and it will be very blue

did the same on MSYS over several days. v tight float here. should be well up

crazy drop. imo mms v short and dropped it for no reason. should be well over 4p on this

12-15p today or tomorrow Imo

12-15p on this imo. Farmout then 20-30p Suspect Tullow imo will be sniffing. Looks like a major oil discovery. Plenty of cash so no likelihood of any fund raising

They have �5 million cash and farm out will Pay for all including 3D imo. see past rns.

Rns out- stunning https://www.investegate.co.uk/global-petroleum-ltd--gbp-/rns/namibian-interests---competent-person-s-report/201801150700038073B/

Is amazing Gemsbok, Lion and Dik-Dik are identified as dip-closed structural traps, which the Company regards as particularly compelling since previous large prospects identified by other Namibian operators have mainly been stratigraphic in nature.

Good spot Dougal. They have a �planned� farm in now rather than �contingent� Increases POS with the seismic will have farm in partners queuing up imo. 3.66 billion barrels. Blooming marvellous.

One was unsure that the primary target would have so much oil. Plus oil seeps on satellite. They will be knocking at the door for a farm in now imo. Should be a �25 million mcap on this easy imo.

Wowsers. 3.66 billion barrels of oil. This is going nuts today. Increased Success with seismic and gemsbok on its own has over a billion barrels. This imo will be 12-15p within a few sessions

Without news 4p tomorrow imo

Calendar year end fits with time scales of how long cpr�s take rather than financial year end. They don�t take 4 months

https://www.offshore-technology.com/features/offshore-namibia-braced-big-finds/

to give you a more definite answer, cash current circa $8 million and cash burn $2 mill last year. Have 3 or 4 years of cash give or take depending on what they need to spend. Farm out with all expenditure picked up by the third party would be ideal with current cash to pick up corp costs. Hence I wouldnt fear a placing.

"fund future operations" doesn't sound like a placing there The Company has commissioned a Competent Persons Report ("CPR") in respect of its Namibian acreage from the consultants AGR Tracs, which is expected to be completed by the end of the year.� A CPR is an independent technical report on oil and gas assets.� It is then the intention of the Company to launch a structured farm-out process of its Namibian acreage with a view to seeking a partner to fund future operations on the block, commencing with the 3D seismic project.

not at all. The farmout will be for the operation going forward. The only monies needed are corporate costs including salaries.