Member Info for maestro1

It's in auction

Whoosh

Ostrown, this is mainly traded on the aim mkt.. It's gonna fly...

Spot Lid comes off today current mkt cap doesn't value the license one bit, with price of oil increasing, finally company will be valued over cash with this cpr..

Maverick That's not the issue, they have a license which potentially hold billions of barrels of oil. Last 3 year s they have been waiting for price of oil to recover now it's near $70. They have over £5m in the bank and mkt cap only 6.5m.. other which have released CPR's have gone up significantly as they were undervalued...

Early Bird It is undervalued, I believe gemsbok is a better prospect than the one tullow farmed in which they will drill later this year...

Cause the report was dated 12th Jan, so price sensitive info needs to be released asap.... Gbp is heavily traded in the aim and not asx, almost all the shares are in the aim Mkt...

Meddler You make your mind up, they have over £5m cash and have a license which potentially has over 3.6bn oil in place, mkt cap only 6.5m... Bargain in my humble opinion...

"Oil seeps seen on satellite close to the mapped prospects and work on source rock maturity based on the recent 2D seismic mapping has further reduced the play risk, and it is expected that the POS will increase further following the planned acquisition of 3D seismic data." Tullow cos after 3d was 20% in pel37 block I can see gemsbok increase further than tullows. Gemsbok, lion and dik dik great prospects. Question is who will farm in total, tullow or the Indians...

Sherwood Will do first thing Monday 7.00am.. Best case they are saying 3.6bn barrels of oil in place. Gemsbok was the one I wanted over bn barrels and we have it. So they have £5.5m in bank and just value license at 1m which has potentially 3.6bn barrels in place and high case of 8bn barrels... Coming days this will rally...

Gbp will be in strong position to get good deal on farm in.

Still too cheap, if they confirm the license has between 3bn-5bn barrels of oil, then mkt cap should be over 15m, don't forget they have over ,£5M in the bank also.

GBP purchased the Namibian licence for 25M shares in GBP, the price was around 14p at the time, since then seismic data for the blocks has increased and CPR will prove this. They still own the stock even though the share fell massively as a result of hibernating until the oil price recovered, "In consideration for the acquisition of 100% of the issued capital of Jupiter, Global has today issued Mr Peter Blakey and Mr Peter Taylor (Vendors) 25 million fully paid Global Shares. The consideration shares are subject to a 12 month holding lock at the register from issue. The Vendors are also Directors of Global."

Madchatter I don't see one, the thing here is that the license potential is not valued in this stock, it's just slightly valued above the cash in bank. The cpr will definitely increase sp. This should be over 10p now...

Certainly a better prospect than the one tullow farmed into. Gbp went to silly prices as the board went into hibernation for a number of years because of the price of oil, now it will be back on radar especially after the acreage was significantly derisked..

Dougal Cause the situation is ripe for a farm in now, price of oil is near $70. I wonder what "structured farmout process" means...

Mikebasset Year end 2017, that has passed, cpr on average takes 6-8 weeks it has been 12 weeks, tomorrow week 13 commences. We know the CPR is good, Gemsbok which is main target for this particular structure anything like 1bn barrel potential and a decent cos this will surely rally over 10p. Currently valued just above cash in bank and no debt.. Reading the interim it states that should further seismic be required and to complete one more drill the estimate is $21m. I'm confident a rerate is going to happen.

Never really understood dual listings, out of the 202m shares how many are available in aim and tsx. Anyone know..

Tullow farmed into Pancontinental block in the walvis basin, they are targeting 1bn barrel structure with a COS of 20%. GBP Gemsbok target is bigger and according to the board has been significantly derisked. Gemsbok will be tested by gbp and partner first...

Eyeguy License 29 is the two blocks, Gemsbok was included in CPR but recent seismic has increased cos..