Member Info for Latino

Gla

There is no certainty in life…and this comes with the territory. Should know this if you’re investing. If you don’t understand risk them avoid investing in shares!

Big IIs and high value investors are backing this now…they are no flippers and will be seeking multi-bags here. With the news today this very much seems to be the lowest of if the low!

Double bottom on the charts…gla

Agree, they are now fully backed by IIs, they has significant funding before placing so they are now funded for years to come….what more now IIs and high value investors all in so will be looking at big returns!

.. GBP5.0 million via a Placing and Subscription of 100,000,000 new ordinary shares of 4 pence each ("New Ordinary Shares") to new institutional investors and a number of wealth managers at an issue price of 5 pence per New Ordinary Share (the "Issue Price").

It’s call letting your mates in…MMs playing with SP before drop into close it feels

It’s potential and at 5p not even confirmed…outrageous!

Absolutely agree, this silence is a disgrace! Placing deffo coming otherwise they would have denied it by now…whilst those greedy MMs play with SP!

It’s all about if you believe in CEO, they say it’s coming so if you don’t believe then best to get out. CEO reputation is surely on the line here..time to deliver now!

Massive RNS…all systems go.

Peter Hill, Global's CEO, commented:

"We would like to congratulate Shell and its partners on the drilling of the successful Graff-1 well. As the first potentially commercial oil discovery offshore Namibia, this is a significant event not only for Shell and its partners, but also for Namibia as a country. We note the apparent similarities between the Graff discovery and the prospectivity in our own licence, which is highly encouraging especially when combined with the strong economics of our prospects."

If you believe then just hold tight, this will turn swiftly as placing shares very near cleared.

Can’t be many left now, MMs have now flushed a lot more now in early trading today. Once gone, should see a sudden bounce back up.

About time they update the market, has been overdue for sometime!

Yep already has significant cash resources so with now forecasted sales after CE certification today…there is surely now no justification or need for a placing

I never wrote that lol…where you steal that from fella

Nope they’re is no way they knew about this approval before the possible placing RNS…otherwise with significant cash in bank plus future impending sales it would make zero sense!

Have decades of experience in this field fella so a novice would struggle to understand this which is perfectly understandable! I would just say read the CEO comments he’s summarised it for you nicely - it’s approved!

If you don’t believe the company then I would get out and not waste my time on this stock anymore…as the doubts will just stress you out!

Anybody know who these commercial partners are?

The Company remains in discussions with commercial partners about how best to service the European market and other territories that recognise the CE mark. Omega's commercial offering will be via B2B partners and distributors, and not through a direct-to-consumer strategy.