Member Info for Phoebus

I just noticed that too. Looks like a seller clearing. if overhang is indeed gone SP should be clear to move higher. With meeting imminent expect we will see 1.2p shortly. GLA

2x 1M buys at full ask for £170K.

Still think this is going to 2p and soon. This is the only real silver exploration play on the LSE and with some super high grade assets. We have a whole load of silver news pending on multiple fronts plus updates on Donovan gold and copper and Aussie iron ore is in play. Will not be surprised if we get some serious JV interest from majors as primary silver assets like ours are thin on the ground and we are in the midst of a major silver bull market. This really could be one of the best stocks for 2020-20201. GLA

regarding European major on BOIL's Dunrobin block. Prospect is 172 MMBOE P50 recoverable gross, 25.8 MMB net to BOIL. With the news scheduled for this month the SP will rocket if they give it the green light. GLA

And FTSE also under performer due to GBP roofing it since March.

Hmm. Is permit news about to hit? SP certainly perking up all of a sudden.

I see we uncrossed at 0.67p rally high. Nice. Where are we headed? There's a lot of silver news due on multiple fronts and this is about the only micro cap silver play in London during a silver bull market, so 2p perhaps for the current rally. What do people think?

I'm still not impressed. While the report likes to tout the COS as almost 20%, the fact of the matter is that of the 8 targets on GBP's licenses only one comes close with a COS of 19% yet contains only 4% of the headline figure of resources net to GBP. In fact the average COS of the 8 targets is less than 10% and 5 of the 8 targets are under 10% COS meaning they are basically worthless leads as things stand, so that much vaunted 3,800 MMB figure is basically meaningless.

Even if you look to the drilling of Venus as a catalyst, the author himself admits it's entirely possible that third party Namibian wells will be further delayed. I think that's a definite in the current climate. With companies slashing offshore expenditure who wants to waste money drilling wildcats in frontier areas like this right now? Moreover, even if Total does drill Venus it's literally hundreds of miles away from GBP blocks.

There are chinks of light for GBP, but it's still a way off IMO and the situation is not a rosy as that report makes it appear. DYOR

Today's news is the sort of thing that could turn this into a real story stock. Look how well the COVID biotechs have done despite the fact that many of them will probably be unsuccessful.

They moved it from 12p to 16p almost instantly on very little volume so obviously an attempt to try and free up some shares.

Shaken like a rag doll. Trying to free up some stock. No ta.

Feels like a mega short squeeze is underway. Usually well off the radar, this unloved share has suddenly been shoved front and center with some cracking news. Market is convulsing as it scratches around to find shares to satiate demand. The higher it goes the more people will see it on the leaders board and give the news the once over and realize what has just been announced. GLA

I should probably have bought a lot more.

I'm not one for this type of investment usually, but this news sounds like it could be a really big deal, the sort of groundbreaking discovery that could transform an entire sector. Throw in the fact that EV's are where it's at right now and this sounds like the sort of news that could see the herd pile in big time and send the SP into the stratosphere. Glad I've taken a few. GLA

Yep. I can't get a buy quote. :(

If I remember GGP had similar grades early on and look how well that did.

Excellent answers.

Looking like this will close a highs which is incredibly bullish for tomorrow.

MMs look hungry for shares. Can sell 500K in one go.

:( Bullish :D