Member Info for iamrich

The Board has been diligently working through the festive season with our potential commercial farm-out partner. Global has been very encouraged by their geological team's expertise and insight into the merits of the PEL 94 licence which have further bolstered Global's conviction in being first movers in the Walvis Basin, Namibia. Accordingly, following the recent technical discussions with our farm-out partner, which highlighted geological similarities to discoveries in the Orange Basin, we have moved the 31 December 2024 deadline for the farm-out signing. The Company is continually striving to achieve the best possible outcome for shareholders, which includes the potential for improved terms beyond what was initially set out for the farm-out.

Should clear by Friday or Monday and some will hold on to them, We are either going to see a climb back starting tomorrow or latest Tuesday, as usual this will recover and with all the news and information we have cant see why we cant be sitting at 030 to 040p end of next week

Good luck all and don't fall for the trap of engaging with the unwashed

Please do not engage with posters here who have no self respect or dignity on what they do, it is what it is they are the people in society that ruin and damage all the good we have ,

Instead please repost both RNS messages I have just posted in reply posts which explains everything that they are trying mislead others around

Noticed a few liars on this board so Thought I repost the RNS from the 7th January again, Liars spouting purpose delay and ramping and all sorts of bad mouthing the ceo when his only trying to get the best deal for us share holders

The Board has been diligently working through the festive season with our potential commercial farm-out partner. Global has been very encouraged by their geological team's expertise and insight into the merits of the PEL 94 licence which have further bolstered Global's conviction in being first movers in the Walvis Basin, Namibia. Accordingly, following the recent technical discussions with our farm-out partner, which highlighted geological similarities to discoveries in the Orange Basin, we have moved the 31 December 2024 deadline for the farm-out signing. The Company is continually striving to achieve the best possible outcome for shareholders, which includes the potential for improved terms beyond what was initially set out for the farm-out.

This is fantastic new and Callum Baxter is the person who found the gold at GGP confirming this information there is a reason why he went alone and joint ventured and put alot of his money into getting this license area

You dont have to smart this is a no brainer, be carfeull of the noise on this board do your own research you cant lose

By comparison, Havieron, a large IRGS gold and copper deposit (+8Moz gold equivalent) located in the north of Western Australia, displays a 1km x 1km (1 sq km) magnetic response with a coincident gravity response peaking at 0.5mgal. The intensity of the gravity response at Juno is more elevated than Havieron, and the footprint of the coincident response at Juno is several times larger which illustrates the significant size of the opportunity at Juno.

Share price will soon correct itself once placing shares are done and traders who left return realising only one way togo, Believe we should see 0.30 plus end of next week as we near the FARM out RNS

They are re negotiating the farm out percentage and or the incentives, this should not take too long as all must must be now completed, I would expect a Farm out completion by end of January or very early February

The deal would have closed but the CEO and management realised true worth of our license and this sounds like very good news, A drill could be upon us sooner then we think

Once in a life time opportunity GBP and people are arguing and deramping at this current price level which is ridiculous

Wiseowl I see your still at MATD I exited at 7p few years back now with a profit of 300K made 200% gains there and did warn you and others that it will now go downhill currently at 1.5p

You should again listen to and buy GBP this will 5 bag from here in the very near future,

Who ever This partner is has a very good team on board and with their expertise GBP have realised our license is very valuable indeed hence why the now new delay into trying to re negotiate a better deal

The deal will much better for GBP and hopefully this now reflects on the share price when news comes out I cant see any less then 1p here but this could easily touch 1.5p

The Board has been diligently working through the festive season with our potential commercial farm-out partner. Global has been very encouraged by their geological team's expertise and insight into the merits of the PEL 94 licence which have further bolstered Global's conviction in being first movers in the Walvis Basin, Namibia. Accordingly, following the recent technical discussions with our farm-out partner, which highlighted geological similarities to discoveries in the Orange Basin, we have moved the 31 December 2024 deadline for the farm-out signing. The Company is continually striving to achieve the best possible outcome for shareholders, which includes the potential for improved terms beyond what was initially set out for the farm-out.

All left with legal teams to now agree for last signature, Cant say more see you guys on the day of RNS, Once final signature in it will be RNS'd,

Like all shares there is risk Vs rewards and the unknown

Sometimes you get posters with ego in the way posting, you must remind your self a share like ggp was at early stage too once same risks GBP have right now, but only difference is we have the geo who once down it before

At this current share price is it worth the risk Vs reward? Well if GBP strikes gold near as good as GGP the returns here will be way bigger front his point forwards for both stocks

Meanwhile we have the Namibian farm in any time soon worst case few more extra months

There will be trigger points and growth here on certain points in the time line for both projects

Maybe the start of the slow climb now towards AGM and the farm in,

Looking great for agreement finalising this December

Some Greta words used by Hamza I think it was, they are working towards finalising the farm in agreement,

If they are at this stage then expect around 4-6 weeks for this to be closed

Looking great as predicted by most here we may have the farmin done and dusted by year end

Good luck all

There has been A lot of information coming from the CEO here and a lot has happened in the last 3 months, We are no finally at Advanced stage of the Farm In,

I believe we are the stage now only legal terms and both company's playing ball to get paper work done soon as, Its been 3 months since discussions started which again who ever this partner is has already been looking at this license maybe well over a year,

Yes it could be sooner but I would allow extra time and say we could be looking at deal being competed mid to end of December,

The fact the company is still engaged means they want this and only if our CEO doesn't agree to something now could collapse the deal, But CEO seems very happy and confident this is happening

Buy/Hold not to be traded now and share price is very cheap as the deal here looks like a done deal to me, Do your own reseach

https://x.com/PetroleumGlobal/status/1852302601464799685

Fully expecting the share price to be around the 0.40 by end of November early December, If farm in lands it secures money and the company so will be very big news not just a normal farm in here for the company ,

December is also good for JUNO gold survey which could trigger some serious movements in the share price

The Market will wake up on new when the Farm in lands and JUNO survey shows what they may have causing mass buying and price correction here

Mean while investors even with all the information provided still have doubts on the CEO and the goal here, And from this you can tell people are just trading and buying and selling with out any research at all,

Farm in Discussions are advanced stage, CEO has on one of his posts gave a us a clue saying keep your eyes peeled for news, I did say last week keep your eyes open end of November early December is a very good chance this Farm in lands,

From my last posts I believed there will be some cash incentives from the farm in, RNS extract below, I believed this may be the case as the CEO was confident enough to extend his loan to the company, It also shows and has stopped dilution which affects him too, This gives me confidence that the CEO is confident behind this Farm In discussions,

The Company remains committed to exploring all strategic alternatives to preserve and maximise shareholder value. Alongside our ongoing initiatives in cost preservation and reduction, we believe we are well-capitalised following the oversubscribed l capital raise in August 2024. Additionally, potential commercial farm-in discussions may enable us to recover a significant percentage of costs associated with PEL0094, which would notably enhance the Company's financial stability.

Proquo, It is what it is, Nothing is actually safe on the stock market and this is as good as it gets, This is early stage anyone doing enough research around this and investing early on may make a lot of money same as people did with the likes of GGP

The good thing about GBP is that they have diversified making it actually a safer bet from these prices with 2 large size projects, if one makes it you walk away handsomely but both look very good so far

You cant really lose at this stage as there will be price triggers all the way up to results like farm in and Juno project jorc and drilling

This will certainly be over 1p at some stage when things start to roll, Even if this was to take a year to get to 1p the multiple returns is worth it , where else can you get this kind of returns? But believe if farm out goes well we may be celebrating in a couple of months time

I do believe it could be Chevron in discssions and if they are the its a done deal as they have farmed into CEG on the opposite side of the water with a cash lump sum maybe same deal with us and why CEO refused the money and extended his loan, simmilar too place with CEG

Believe the CEO is replicating the story of both CEG and GPP here, Not bragging but I do most times get it spot on and call it right, do some digging and you may understand why I believe what I do

Good luck to all and behave yourselves