Member Info for jackie1

The Company announced in July 2019 that the Region of Puglia had appealed to the Council of State, the highest level of appeal in Italy, against the judgements at first instance of the Administrative Tribunal in Rome and/or the President of the Republic in relation to the Permit Applications. These judgements related to the four Environmental Decrees (one for each Application) issued in favour of Global by the relevant Ministerial Authorities at different times

Fill your boots

MM filled

They needed orders filling

Morning shake

Orders to fill

Blue finish

Watch for the Italian permits

Another big piece of news

Not a one trick pony

Global to be granted 4 huge Italian permits near Shell and ENI blocks

Industry source

Both zones happens to be very large

Going much higher now with oil to break $90 and gas prices strong

Haydale Awarded Supply Agreement for its Proprietary Functionalised Thermal Fluid

Overview
- Following award of the Basic Engineering package for the Mineral Processing Facility to Barr Engineering in November 2021, the Company has awarded the balance of the Basic Engineering scope to Reminex pursuant to a thorough pre-qualification, competitive tender and negotiation process.
- The ability to award the Basic Engineering for the Project has been facilitated by the proceeds from the recent transformational strategic investment by the Singaporean fund Global Sustainable Minerals and Gold Quay Capital. This enables the Company to continue Project development alongside activities pursuant to financial close.
- Reminex is the engineering arm of Managem Group, the Moroccan mining company that designs, builds and operates mines in Morocco and Africa (managemgroup.com/en).
- The Company continues to build capacity to enable execution of the EPCM strategy following completion of the Basic Engineering works.

Brookcourt Solutions secures two contract renewals with a leading Global Financial Organisation

Highlights
• Exceptionally high silver grades have been returned from the Elizabeth Hill diamond drilling program with assays including:
o 9.7m @ 8,326 g/t Ag (267oz/t Ag) from 15m in drillhole 21EHDD003; and,
o 24.8m @ 829 g/t Ag (27oz/t Ag) from 2m including 11.7m @ 1,735 g/t Ag (56oz/t Ag) and 1.7m @ 19,865g/t Ag (639oz/t Ag) from 23m, in drillhole 21EHDD001
• Additionally, significant assay results for base metals have also been returned from the same intervals, these include:
o 14.2m @ 0.18% Cu, 0.14% Ni, 0.36% Pb, 0.12% Zn and 140 g/t Co from 10.5m including 9.7m @ 0.18% Cu, 0.14% Ni, 0.27% Pb and 0.13% Zn in drillhole 21EHDD003; and,
o 24.8m @ 0.15% Cu, 0.11% Ni, 0.3% Pb, 0.22% Zn and 222 g/t Co from 2m in drillhole 21EHDD001
· Interpretation of these diamond core results suggest the mineralised envelope at Elizabeth Hill may be larger than work by previous explorers has suggested
· This mineralisation starts at surface in highly weathered, soft and easily extractable material
· A significant number of assays from the RC drilling remain outstanding

Highlights

· Production Concession for Selva Malvezzi expected at the end of March 2022
· Po Valley Energy, the operator, starts and fully funds the installation of the seismic monitoring network to be operational ahead of the 12 months required by the regulators
· First gas production estimated by Q1 2023
· Prospex remains fully committed to increasing its stake to 37% in the Selva gas field

Update on Strategic Review, Formal Sale Process ("FSP")
& Installation Schedule at Saltfleetby

Growth in revenues of 50% to £10.1 million (2020: £6.7 million)
· Increase in contracted order backlog of 51% to £17.0 million (31 December 2020: £11.2 million)
· Profit after tax for the year of £0.5 million (2020: £0.4 million loss)
· Cash balance of £6.8 million at 31 December 2021 (31 December 2020: £3.0 million

Highlights
· 2022 Abu Sennan drilling campaign has commenced with the spud of the ASD-2 development well

· ASD-2 is the first well in a fully funded four well drilling campaign

· The well is a follow-up to the commercial discovery that was made by the ASD-1X exploration well in 2021

· It will target potential gross upside volumes of 5.5 mmbbls STOIIP (operator's estimate) in the Abu Roash C reservoir

Last of the shake going on to get them out. MM fishing for stock

This is very leaky

Something very big happening

Gusher

Venus 1x

Bring it on

Equity fundraise of £12 million and US$28 million senior debt facility to complete the acquisition of non-operated production assets and associated CAPEX in the Williston Basin;
£1.2 million broker option to enable existing Shareholders to participate in the equity fundraise;
2022 Paradox Basin high impact drilling programme planned;
Notice of General Meeting