Member Info for GLR1990

Nice spot CB! so Spotsee partner with BOSCH to create a new TDL which has just gone on the market (in the last 6 months) but BOSCH now want their own!? which I presume is even better? If this is ours this could be huge! Spotsee turn over 2-4x what we turnover and spotbot is their feature item on the website!

'among the fridge freezers!' LOL love it The hope is that IF it is ours then it has been made public (even if it is next to a fridge freezer) and they not only send a juicy RNS but we can find out what the plan is for 2018 in terms of clients, specification and potential orders $$$$$

We all know a new TDL is being showcased (released maybe?) next week, been watching this one closely anticipating any rise that may precede it Of course could be games, but I doubt it. Will be an interesting 7-10 days.

All the best for 2018 I'd be very happy if star ended 2018 at 7.5p, but i'm holding all predictions until the blue chip partner is announced (2 weeks maybe? ;)) Big thanks to Riddler, Cristalball and all the other contributors on this BB and Twitter. After doing a lot of my own research on this one, I feel confident we could see good returns early Q1 (possibly as early as mid to late January) and then the company should continue to progress throughout 2018 into 2019.

- Electric motorcycles: We’ve started a working on an solution where Starcom’s advanced systems are to be integrated as part of the assembly line! I emailed them about that, they said they had already announced it but I couldn't find anything (may have missed it myself) about it being part of any assembly line?

I'll most likely be topping up shortly... With news expected anytime shortly after 19-11th January I'm very confident at these levels

cant believe the price of this thing, SP could half before update potential 4m profit in 2018, surely makes the company must be worth more than 8m? sorry 7.5m today I know thats all theory and you cant count your money until you have it, but its a good prediction these aren't numbers out of a hat guess because its gas reserves and they have an expiry date maybe???

Based on below anyone know how to value this? I did quick calucaltion based on if they can make 5.6m per year before tax etc. and the valuation was around 36m if they can continue this for 3 stright years (2018-2020) with a current mcap of 8m that makes me a confident. PS sorry for all the posts my timezone makes this prime research time lol

Just thinking ahead, if they turnover say 5.6m in 2018 with no additional ventures that could be around 3-4m in profit, if they can drill another well with this money or a couple of wells, then 2019/2012 we could be looking at around 6m+ profit per year (8-9m revenue) which would make this a very nice business indeed. Wishful thinking but I dont think its actually that farfetched.

Sorry just realised he mentions 'profit margins' I thought it was just revenue I predict if all goes to plan these should be making north of 5m euros per year in 2018 (5.6 but could be wrong) which will be around 4.2m euros based on 70% not sure how this all works pre-tax, ebitda etc. but please use it all and see if you can get some numbers from it.

One question then Ill show working out before tax, will need help here 1. When they mention levels e.g. R and S, this is produced once only as in you cannot product level R whilst producing Level S? So if R products 20-25pcm and S products 5-10pcm we will not be producing 35-40pcm or is this wrong? Working out: 65-75% profit margin on two production and one near production gas field - expecting 4000mcf a day Silaro Still producing 10000pcm day (E2100 per day = E60000 euro per month = E800,000 per year) Clear things they can do to increase production going forward 23m euros of revenue been produced from silaro already Bezecca (september meeting) 30-35000 pcm per day, currently doing 20-25 per day after modifications should hit 30-35 1.5m pre-tax raising to 2.1m+ pre tax on annual basis (peak production achieved in July) 2.4m euros + per year if they hold 30000 pcm per day) Sant'alberto Third production field Needs connecting to gas plant then to Italia Grid Well cost 3.5m euros already paid for Q4 predictions reserves 1.7,2.0 and 2.8 reserves but maximum test was 100000pcm per day? Graph esitmates same as Bezecca so anotheer 30000 per day (another 2.4m per year) in 2018? Keynotes: 40000pcm expected in July 60-70000pcm expected end of Q4? 5.6m of revenue from all three wells? (800000 euro silaro, 2.4m x 2 bezecca and sant alberto) He mentions 2.1 for bezecca could be forecasted in the percentage? because 30000pcm is 2.4m a year at 0.21 euro so if they hit 35000 then 25% of this would refelct 2.1m after paying SHELL ITALIA so lets say 5.6m as a guess with all three wells is around 4.2 revenue (not sure what that will reflect in profit? Sorry for the huge post hard one to work out!

Didnt WRES make 2x and 3x the share price in the early days of 2012/2013? of course we don't want dilution but MM said this himself and its on youtube so we have evidence! Lol The real question is what is the value of this company and where should the SP be right now? We have news coming in the next 6 weeks aprox, a few weeks ago I said I hope this can hold 5p until news because I truly expect it to rise at least a couple of pence back up and possibly a new record high. Then people want 30-50% from their investment they can take it, or can hold until new wells in Q4 and the added bonus of 'actively seeking new areas'

You're not the only one, lot of experts base ths around 15p on expected production levels, here hoping the results are a little higher than expected. I think the issue is this share doesn't get any coverage and its a little under the radar because the company is very predicatable at the moment, once they start taking in revenues and have the cash for bigger/alternative ventures at this level this is a complete no brainer.

news coming end of month, all going to plan really, I know its not great but its not bad either. My hope was to hold 5p then when we get the news of the next production numbers we should see a nice rise and a new floor. If 5p IS the floor then that's a positive, we have held for a little while down here. Was the close 5.25 or 5.50 as differnent sites are showing different numbers?

11.74 at time of post Didn't see this coming so soon, hardly any resistance either, dont think it has hit a daily high all week. Googer - In all seriousness do you see this hitting at the original SP of 9p? I am still waiting to pull the trigger but took your advice when it was 14/15p based on lack of potential news and original hype.

Looking to get in around these numbers, this was my target on opening day, but had no chance. Be surprised if it went more than 1p below the SP, surely there will be lots of resistance at the point we are now at?

Just looking at MOTIF again trying to buy on a dip but proving difficult I trade with HL and never does the consensus ever say anything, thought it was a gimmick but for this its got a 3/3 on Strong Buy, for whatever thats worth lol

Must be in the know if got them at 9p Therefore must be in the know to sell at 16p Therefore... everyone should sell! Yep, not buying it, WD if he did.

he would have made 80% if he got the 9p shares, which raises another question, how did he get those!

By all means, no need to get greedy when 20-25% profit in 2 days, some would call that greedy! Well Done! I should have known this was going to happen today, all the signs pointed towards it and I foolishly didn't believe it. The downward spikes had ceased and there was a strong wave of buys holding mid 14 really well. Gonna have to put £100 on the winner of the national now to make up for this! (Joke)