Member Info for hamiltonbro

Heading up on small buys.

What’s going to happen when everyone sees this broker note ?

Nai/DYOR

Have a look at page 4 of the broker note for the comparison between GBP and TRP : )

Nai/DYOR

GBP broker note link has been posted on their thread on Advfn if anyone interested as it mentions TRP and other Namibian co’s so a good read across.

RENAV at 15p and unrisked at 152p.

GBP currently trading at 1.5p lol

Nai/DYOR

Looks like the broker note is now in the public domain so imagine there will be increased interest in the company now when people see the potential on offer.

Unrisked NAV of 152p : )

Only a 100 x bagger !

Nai/DYOR

Jim

Thank you very much, appreciate the heads up. I’ve just read the broker note and one word - WOW : )

When others read it and realise the valuation and what’s on offer I’d imagine the 3.4p initial target will soon be reached !

I’ll go with the 15p target : )

Nai/DYOR

Thanks Jim.

Found this comment on that post interesting....

“Definitely, Namibia is a favored destination Paul L , more major and medium sized oil companies will be acquiring assets in Namibia“

Hhmmmmmm

Nai/DYOR

An RTO is another possibility with one specific company mentioned numerous times on here.

That would mean a bigger company with more assets. Would just depend at what price the deal was done.

I’d imagine the directors will want multiples of 1.5p for their 40%.

Just have to trust them to do the right deal for themselves and GBP and if you believe they will then that’s why you’d invest. If you don’t then you wouldn’t. Simples really.

Nai/DYOR

I think if GBP raise cash it won’t be down here but what do I know.

The two directors that own 40% approx between them won’t want a raising down here either.

I think the increase in corporate activity in June/July hunts at something in the pipeline but again that is just guesswork.

The Panmure note that most haven’t seen is saying that GBP is significantly undervalued with risked and unrisked targets at 15p and 152p.

Even if GBP did raise cash I don’t see it as a problem anyway. The number one reason companies list on stock markets is to have access to capital. If I need to share some of that 152p with others I’m happy to do it : )

What ever metric you use GBP is undervalued and it won’t be down here for long imho, with or without a raise.

A cash raise doesn’t have to come in the form of dilution either. What about a partner paying some historic costs and taking a percentage ? GBP is currently valued at £3m and has the potential of billions of barrels of oil. Even just valuing the prospects at 1% would give you a market cap of at least triple this one.

Nai/DYOR

Anyone on Advfn have a look at the past post on the GBP forum : )

1.5p would appear to be the bargain of the century but only hindsight and history will prove it.

I’ll be buying more this week. Already built up a decent position but want more. Being greedy when others are spouting drivel or being fearful.

Nai/DYOR

And that’s based on the 13p offer.

NAV of 34p also.

Even buying at 20p would mean a 5% dividend. Not bad when you’d be lucky to get 0.1% in a bank.

Too cheap these.

Nai/DYOR

Have a look at their presentation for current liquid assets : )

It’s more than the current market cap so the bio business is in for free : )

Nai/DYOR

Yeah it switched mid afternoon.

Nai/DYOR

DAVY arw house broker so will know before others regarding news I’d imagine : )

Nai/DYOR

They are bidding size at above the mid price. They are desperate for shares as can’t buy either. News coming looks like.

Nai/DYOR

Can anyone buy any shares at the minute ? Keeps going NT

Nai/DYOR

PR going up all the time so expect a good update soon. Target 100p next few weeks easy imho.

Nai/DYOR

Based on the charts !

Nai/DYOR

MOS market cap is £2.6m and they have more than 50% of that in cash and warrants due from 0.2p.

I can see a quick move to 0.5p area on a positive update !

Hopefully news soon.

The sp seems to have found support around here and the last placing was at 0.3p so a good entry point imho.

Nai/DYOR

June and July saw lots of news releases and now it’s been 4 weeks since the last one.

I imagine we will get some fort her news next week.

Nai/DYOR

So cash and POLY shares could be more than £15m ?

Nai/DYOR