Member Info for maestro1

Three small trades I've done not showing up. Hmm

I think more to do with the arrogance that no one can boot them out as they own nearly half the company..

early bird 2.3p, i must admit i only did it to annoy certain poster, but i fell in love with the stock. Hmmm.. lol

company PR for investors is not up to standards.

Edit.walvis basin..

It seems tullow are everywhere, they have taken a liking to the wavin basin, I won't be surprised if they farm in here, subject to there being substantial oil in place. Total and the Indian firm like this area also, they have enough working capital all the way to phase 3, by then a partner will be on board. Current mkt cap is cash, CPR confirms large resource it's 10p+..

Soundingoff Aaog have enough money for their share to drill tlp103, there is no disputing that. It's a hold , we know for sure by the end of month whether we sign the preferred rig and license extension. Aaog have said they need rig for 102 well also, so probably 1m-2m will need to be raised including for working capital, I'd prefer they drill 103 first and then raise...

I may have totally been wrong about this company, in 2012 they didn't have any resource estimates and this time around gbp cpr will confirm an estimate resource with COs of major oil find. I think directors doing nothing for few years has deterred buyers, things may change.

http://www.proactiveinvestors.co.uk/companies/news/39465/global-petroleum-under-the-radar-as-offshore-namibia-play-47116.html While Namibia is at an early stage of exploration, the recent completion of a high-resolution 2D seismic survey confirmed the existence of two mega-structures in licence 29 capable of housing multi-billion barrel reservoirs.

cv7 "No more companies for me that don't have revenue and cash." This one has cash, but i do take your point the BOD are on crazy wages, last few years they have done nothing the least they could have done was take a paycut. Its onlymid 2017 they done seismic and CPR is out very soon, bod have said the COS has significantly improved to find a major oil discovery, that means something, i will wait for that.

Well gbp have said the COS has significantly increased for a major oil discovery after the seismic. If Gemsbok has around 1bn barrels of oil, license might actually be worth something at the moment Mkt doesn't believe it has value thus only valuing company at cash value. Cpr should be out very soon.

2.70p to sell and 2.84p to buy. Current spread is fake...

Only downside to that is right issues take a long time. Sp will fall to right issue price so why bother, do a placing which is quicker in my view..

the only think that concerns me is that srsp use to be a company making software for games, now they want to do offshore drilling no other that the volatile "Nile Delta, Nigeria", you do know loads have attack have happened to the oil infrastructure by rebels who claim they dont get a share of the oil wealth coming out of nile delta... GL itsgambling.

All that deramping and then you decide to invest elsewhere. You wasted alot of time on your buy-in target...

current cpr is late it was due by 31st Dec 2017.

Management credibility goes along way especially in Africa. I will await the cpr if it's good I can see it doubling over the trading day. Time will tell..

Gemsbok is the cream here, if cpr confirms they have around 1bn barrels in place then this is undervalued. I await rns... Farm in won't be issue, the Indians and tullow really interested here...

eyeguy fair point, but eco managed to get farm in and pancontinental got one. I must say ECO is looking good, this might turn good if they have right management..

this is why Tullow may wait if any of those strike oil before they farm in here, very good chance tullow farm in here too. GBP BOD need to be replaced, 3 years they have dont F all.