Member Info for Healey1

Another £4.5m sunk into GDG today that's near £20m in a week, big money going in here. News just around the corner I would say...GLA

Just came through today for the 31/01, huge money going in here £3.9m and £800k someone is very confident !!!! SURPRISE SURPRISE NO RISE IN THE SP THIS IS A FECKING JOKE.....GLA

Sorry got that all wrong should read 9m profit including loss of 10m so therefore 19m PROFIT from 1.34 bcft which makes a considerable difference.......so on the 7 bcft of production announced so far for this past year would mean 95m profit so far without the 1250 wells....so could mean 450 m plus profit for the year when the gas production from these wells has finished being evaluated....now that sounds sooo much better.....anyone fancy going through that half yearly RNS to double check my figures and don't fall into the same trap as me as this first line stating 6.9 m is for Q1... GLA

Those figures were based on half yearly report and are in US$

6.9 million from 1.34 bcft of gas produced, at half year results RNS.... So with production so far 7 bcft without the other 1250 wells.....so if my maths are correct at 7bcft that's just over 5 times 6.9 million makes just over 35m. Then we add the other 1250 wells pro rata could give GDG 90m plus of revenue and that's just for one year, how long ago were these wells drilled, could be 2 /3 years....who knows 270 m in owed revenue. Maybe looking at this a bit simplistically but the revenue from these extra well plus the conversion of there existing wells to Lifabric ( as stated in there RNS had a significant positive production impact ) GDG with there planned aggressive drilling campaign for this year could well get back to there SP levels of a couple of years ago $15 was the dizzy height ...fingers crossed...any thoughts welcome....GLA

I think your right seems to be held back as such a large buy should have started ticking it up on Friday. Fundamentals here now are fantastic as production up 300% to 7bcft on just 250 wells with 1250 rogue well to evaluate, could push production very close or even over the company's target of 18 bcft pa. that's without the 140 more wells they plan to drill this year (10 already confirmed with GDL ). Just going to have a hunt around to find out the current gas price per cubic foot in China to get a feel for total revenue, both wholesale and retail as GDG sell at both levels.... Any ideas anyone ...GLA

£8.4 million worth of buys and the SP doesn't move a jot and if I try to buy £15k worth they are quoting me a higher price........someone knows something and my guess is a deal done with CNPC regarding the 1250 wells....this could go north very quickly on release of a multi million pound resolution to this ongoing saga....GLA and DYOR

Production up 300% to 7bcf on only 250 of the wells drilled on GDG blocks......1250 still to have the gas calculated..... Nearly 5bcft on 250 .....could be as much as 15bcft or more from the remaining well, this would send production past the target of 18 bcft and this share was £10 plus on talk of reaching these sort of figures....anyone out there this could multi bag on this news.........DYOR GLA ....

Just shows the size of the potential here and with GDG about to release revenue info from its free 1500 wells as well as a contract linked with GDL 150 wells for GDG, this could well be a great share for 2014

On revenues to be earned from the 1500 wells drilled on GDG blocks, this is transformational for GDG as well as GDL and GEL. As revenues from these wells will leap us very much closer to the 18bcft production target and increase investment in gas production which in turn means more new wells drilled, 150 planned for this year as well as Lifabric conversions. More new wells means more contracts for both GDL and GEL and in turn even higher gas volumes for GDG. This cycle could lead to many new wells being drilled over and above the 150 already planned. THIS IS TRANSFORMATIONAL FOR ALL THREE COMPANY'S and IMO I would expect significant rises in the sp so all three in the first quarter as news flows in... GLA

Based on income reported from the October RNS when GDG hit there production target of 18bcft next year there total revenue will be in the region of $112 m, that's without the 6% increase in price that was reported in there RNS so we could be looking at 120 m that's just with there target from the 150 LiFaBric wells that Greka are going to drill for them next year ( funding now in place for that) plus any gas/ revenue from the 1500 wells that they now have agreement on. Last time GDG were touting these production figures there shares hit $15, admittedly they have spun off Greka and gel since then, but we could easily see a multi bagger here over the year with a sp of up to £8 IMO.DYOR, but any comments welcome

On the 13 th dec, didn't spot that one, how on earth can such a large trade go through without pushing the price up..... I've bought £10k before and the price has risen. Some serious players positioning themselves ready for the major boost in revenue from the 1500 rogue wells due to be announce 1st Q next year according to the RNS. Once GDG reach there revenue target of 18bcft pa towards the end of the year this will give them a huge cash injection. Does anyone know the current pice of wholesale gas in china per cft? GLA

Could be profit taking or jitters about the impending court case result with Connoco or news just taking a little to long re the 1500 wells. I think we are looking at a very bright couple of months for GDG once this case is out of the way as in reality it $45/6m compared to a possible $1b gain from the 1500 wells they now have on there licences....GLA

Buy....serious boys entering here now....

Half a million plus gone into GDG today, largest volume for some time this is heading north and we could be in for a multi bagger as there are so many positives here...GLA

Don't miss out, I think GDG first, followed by India news which will boost GDL back into the high 20s to early 30s with the 1500 well conversions hopefully to follow to push the sp higher and GEL rising on the back of the others as they pick up affiliated contracts... Just a guess...GLA

GDG were $15 before the GDL spin off, which at the time was just over £10, three for one the same GEL and T that time GDL traded between 10/19 but did shoot up to 54p just on expectation..... So as Merlin suggested £10 a share isn't out of the question if there is is a buy out, but the Chinese government will want to see continued development of these blocks and with GDLs proven track record there is every chance whatever the outcome I am sure we will see contracts for GDL tied into the deal as well as work for GEL. It's still all speculation which way it will go, part buy out with compensation, total buy out or compensation plus the free 1500 wells, but some sort of deal has been struck and I can only see positives for all three companies... The question is which one to go heavy on, but best to be in all three IMO, GLA

Between the two company's, to quote the RNS, could this be a buy out of GDG, and if so at what price... Any thoughts anyone, bearing in mind this sp was £10 before all the licences were called into question and the reserves are far greater now. Something brewing here and it would pay to be in, just my thoughts, GLA

It would take a very brave man to short this......

You make some interesting points, but what you seem to have forgotten is the blocks that GDG have licences for are worth close to 1b $ if you compare the values of the recent Chinese block sell off. This makes them a very undervalued share and funding will not be difficult to obtian against such assets..... The US issue is not GDG, it's historic and has been concluded a few years ago, but was connected to RG. The Chinese pictures I have no idea about but could have come from who knows where.... Looking at the positives for this company they have been given a fantastic boost by having there blocks rogue drilled by numourous Chinese part government owned companies, 1500 plus, which they have full rights as re confirmed by the Chinese Government... This leads to the ConocoPhillips issue, now that licences have been ratified there case is very strong as they lost the case due to the legality of these in the first place. I am invested here, not heavily, but as far as my research has led me, I am very happy to hold and IMO this is still very undervalued.... It will be very interesting to see how this pans out, are you invested ?....GLA