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When the GBP share price goes up, we don't hear from Geowiz but when the share price goes down he / she chips in with deramps.....different folks, different strokes they say.
GLA
Monecor (London) Ltd is a spread betting company, the position it takes reflects the positions of its clients. GBP shares are therefore bought & sold by Monecor (London) Ltd.
Geowiz - You need to improve your deramping of GBP, "Obviously everything is dependent on the well result that will be announced this month". There are of course, two drilling campaigns currently taking place in offshore Namibia by Total and Shell as you know but you are choosing to spin another false narrative but using singular language.
By the way, only a few days ago you posted that you felt that the drill result was " imminent", now you are saying the well result will be at the end of the month, make your mind up !!!!
I'm not sure if other posters would agree, but your posts appear to be getting increasingly desperate, are you under pressure?
GLA
Graff and Venus were spudded in early December 2021, estimated drilling times circa 60 - 70 days. Geowiz is spreading false narratives again, results are not imminent, both drills are approximately half way through the scheduled drill programmes.
For those new GBP shareholders, Geowiz is the resident GBP deramper, click on the username and you will read his / her deramps on small cap oilers.
GLA
70 + days from the start of drilling , end of January / start of February 2022.
Mommur - I set up a Drawdown Policy last month, I took the 25% TFCS and have left the rest invested (not taking any income at the moment). I have left my SIPP untouched, it contains some of my SQZ shares which have transformed my measly former Sun Life Personal Plan from £20k to £115k.
I would like to send Season's Greetings to the Serica Energy Directors & Staff.
Geowiz - after years of deramping GBP, have you finally bought any GBP shares or are you just being a financial good samaritian?
GLA and Merry Christmas.
That makes sense Oliversydney, Monecor as a Spread Betting company reflects the positions of its clients, where there is a profit to be taken their clients are taking that profit and Monecor sells GBP shares.
My focus is on the Total and Shell Namibian offshore drills, if one of those hits oil or gas, GBP would be on for a substantial re-rate IMHO.
GLA.
My understanding is that Monecor is a Spread Betting Company, the position that it has reflects the positions of its clients.
So if Total / Shell makes a oil discovery during their current Namibian offshore drilling campaigns, you see GBP / TRP rising a "few 100pct". We shall see, sounds very conservative but there you go.
GLA.
What if the Total well is a commercial oil/gas discovery, what's your price prediction Geowiz? What if Shell discover oil / gas, what do you think the GBP share price will be?
GLA
Geowiz is getting desperate with false narratives now that drilling is underway in offshore Namibia, to be clear:-
" Shell began drilling the well on Block 2913A on December 8. The company is drilling in the Orange Basin, in around 2,000 metres of water.
The supermajor is using the Valaris DS-10 for the well, under contract from November 2021 to January 2022 in Namibia. Shell had been weighing up three prospects on the block before opting to go with Graff. Source ": Energyvoice.com
So we will know whether Shell have found oil during the next six weeks, Total are currently drilling Venus 1, results of that drill expected during a similar time frame. GBP's current PEL expires in August 2022, some 7 months beyond when results are expected from Shell and Total.
GLA.
Shell began drilling the well on Block 2913A on December 8. The company is drilling in the Orange Basin, in around 2,000 metres of water.
The supermajor is using the Valaris DS-10 for the well, under contract from November 2021 to January 2022 in Namibia. Shell had been weighing up three prospects on the block before opting to go with Graff. Source: Energyvoice.com
It is my understanding that Graff -1 is a 60 day drill, so well results expected end of January / early February 2022.
Geowiz - I must add to the list, clairvoyant.
GBP is an AIM listed, wildcat explorer, no need for good samaritan services here.
Good luck to Total and Shell with their Namibian drills.
Be warned of Geowiz, he/she has been haunting this Chat Page of years deramping GBP, by his / her own omission does not own GBP shares.
Just click on Geowiz's username and you will see that he/she exclusively deramps small oil companies, one can only speculate on Geowiz's motivations.....a disgruntled former oil industry employee, a PI who has "lost his shirt" on oil shares, a good samaritan trying to save oil investors from themselves or perhaps a paid deramper ? Who knows why Geowiz spends his / her time peddling negativity. Different folks, different strokes.
GLA.
"We should know.....", what's with the "We" Geowiz, you told us that you don't own GBP Shares????
After years of deramping GBP, have you finally bought some shares???? If you have, that would be shameful behaviour, to deramp a company and then buy its shares !!
GLA
Geowiz - You have reverted back to deramping GBP, you must want a lower entry price.
GLA
Monecor (London) Ltd Trading as ETX Capital is a Spread Betting company, its positions reflects those of its clients.
Surely the focus is now on Total and Shell, who are on the verge of drilling their Namibian offshore wells ?
GLA
Well not all of us.......there is of course Geowiz who has been slaughtering GBP for years but has now turned into a GBP Ramper, different folks, different strokes I guess.
GLA
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