Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
"What demand? A massive £3-5k per day? Oh my GOD! Hold the press!"
In a very illiquid share such as GBP, where over 45% is tightly held .........it is extremely unusual for there to an option to sell 600K everyday this week @1.32p
However you know all this and you know it isn't the trades you see, it's the orders in the back ground that you don't see
600k/£8k is high volume, when the normal market size for GBP is a mere 20k and small volume can have an impact
If there wasn't a demand for stock you would have no interest here lol
reggie......"correct me if wrong but gbp are all on Namibia and their primary lead target lies in trp block!. "
How does that work ......... ? If GBP's primary lead lies in a TRP block.....that would be TRP's lead surely ???
However there is a difference between leads and prospects and I think you are referring to the Welwitschia Deep Prospect, which is around 700mmbbls mid case, 20- 25% may over lap into TRP. Will TRP fund a well to extract their 20-25% ??
Geowiz aka Africa observer aka Perrystalsis aka pottyp aka Alwasel aka sparecash......are all the same poster and probably have many more ID's, posting on TRP & GBP
He/she is getting seriously desperate now lol .....the reason being there is a demand for shares......most likely due to the recent note, for Panmure clients eyes only currently
Panmure are the new brokers for TRP & GBP and have recently joined the list of market makers trading shares in both companies
It is very comical and very sad this is a full time job......judging by performance, he or she will be getting the boot soon lol
Apply the valuation across the two blocks to arrive at around 15p. PEL94 is drill ready and the same applied valuation would be over 3p
PEL94 is the front door into the flagship PEL29, there is no way it will not be extended, "force majeure", will extend the licence in any case. The company has enough cash to get a deal over the line and a placing will be after a deal.
Good point M regarding the 3D data, as has been said before this puts a valuation on the assets. 7% equity/ Data value =£7m
The additional 7% interest Namcor have in our lesser of the two blocks is valued at more than double our current market cap for the whole company
From Eco's results today
Namibia
-- Eco continues to benefit from a strategically significant acreage position in-country and is progressing its various work programmes offshore Namibia. The company is witnessing an increased interest from multiple IOCs in Namibia.
-- The Company continues to monitor upcoming drilling activity in the region, which could potentially see up to five exploration wells drilled on behalf of ExxonMobil, Total, Maurel & Prom, Shell and ReconAfrica in the next 12 months, expected to start Q4 2020.
"In Namibia, we continue to see increasing interest in the country's offshore oil potential, especially with another set of exploration wells planned by other operators over the coming 12 months. We have an important strategic acreage position offshore Namibia and expect any successful drilling activity in the region to benefit us.
"Exactly the same terminology used, interesting.
Negative GBP share chat has increased, news must becoming!"
Well spotted Investor, Hook ...line.....and sinker......that did make me laugh hahaha............this de-ramper is not clever enough to write posts with three + ID's. Like they say.....to be a good liar you need a very memory
His boss won't like his headless chicken approach lol
"Exactly the same terminology used, interesting.
Negative GBP share chat has increased, news must becoming!"
Well spotted Investor, Hook ...line.....and sinker......that did make me laugh hahaha............this de-ramper is not clever enough to write posts with three + ID's. Like they say.....to be a good liar you need a very memory
His boss won't like his headless chicken approach lol
The Panmure broker note has a very conservative initial target, which is just under 150% markup from our current sp
A deal will see us at multiples of that price again.... (currently for their clients only)
I would expect Panmure broker note on TRP also, which will be for their clients initially as well, holding tight will result imo
The Panmure broker note has a very conservative initial target, which is just under 150% markup from our current sp
A deal will see us at multiples of that price again..........you pays your money and makes your choice.....simples !
The mm's will gladly take legache's shares and at a substantially higher price than just a few weeks ago
If GBP were such a dead loss AO and his many other ID's would not be bothered posting on this tiny market cap. For all your drivel the market has not taking a blind bit of notice. There has been a substantial rise from the recent lows and anyone that bought the bottom in size will be sitting on a large profit currently, which could be realised at any day of the week as the mm's are hungry for shares lol
Quite right H, This morning the online bid was 1.32p for 375k, they just increased the volume to 600k
Buying in size around this level will be difficult, they will need to set the orders at a higher price soon as we get closer to news
Geowhizz,Africa Observer,Perrystalsis all the same person
Funny how your punctuation is the same and the narrative is the same and use the same wording
It is very difficult to pretend to be three separate people without it being obvious
Another point is all three names have very few posts registered over the life of the accounts, which means you probably have many more names, being used. On the current usage all three accounts should be well over the current level
Geowhiz started 2018, just 121 posts...20 in the last 30 days and 11 on GBP
Africa Observer started 2012, just 51 posts...... 38 in the last 30 days and 35 on GBP
Perrystalsis started in 2017, just 260 posts......1 in the last 30 days on GBP, many more on GBP previous to this date
Every single post has been negative and disruptive, what a sad assistance you have