Member Info for Phoebus

Not sure I've got that quite right, but their two statements do seem contradictory.

Is that a typo for the 72.5m down hole section?

'2.0m @ 3.8 g/t Au (inc. 1.0m @ 6.6 g/t Au) from 72.50 metres down hole'

'6.6m @ 6.1 g/t Au and 22.0m @ 2.0 g/t Au'

Is that not a contradiction? Think they mean 0.6m @ 6.1 g/t and 2.0m @ 2.0g/t. That would give the same m x g/t figures.

SP turning up again.

I quite agree. Can't believe this has gone sideways for nearly 3 weeks. Most frustrating. It feels like an accumulation or distribution phase to me. Accumulation ahead of breakout or distribution ahead of NASDAQ IPO placing? Who knows? Something definitely seems afoot though.

Pipped to it by the Saint. :D Great to have you on board St. T.

NAV per share for just this first project is around 12p with a COS of 95%, so 5p seems a bit low pre drill. This ignores the fact that ADV has around £7M in cash and multiple other new investments being lined up including two that I think were supposed to be fairly near term. Last raise at 2.6p almost covered the entire market cap so currently a huge chunk of this is backed by cash.

I would guess that most of those 1M+ trades are the same seller and likely placing or warrant related as suggested. This just helps removes any lingering overhang. :D

Sorry for the double posts. Time admin sorted this feature.

You've completely misunderstood my point UH.

You've completely misunderstood my point UH.

The SP is going up because Namibia is in the spotlight. Plenty more to come over the next few weeks as Venus-1 approaches. Fully expect this to go well over 1p in the next 1-3 months. GLA

Come on Argo.

just gone through at full ask. Nice.

Awesome buying op incoming.

Only £8.8M now.

2p

Unexpected outcomes happen in all walks of life, but you shouldn't base investment decisions on them. Market will price this as 80% COS.

Yep. No dump on this news. SP is holding very nicely. Great to see reference to Nambian offshore hotting up in today's RNS. Board can see how important this is for GBP.

'The next few months are clearly the most exciting period in several years for petroleum exploration offshore Namibia, notably with Total's upcoming Venus well, followed by the Shell well in PEL 0039.'

Peter Hill, Global Petroleum's CEO

https://investegate.co.uk/global-petroleum-ltd--gbp-/rns/petroleum-exploration-licence-94-update/202108100700030720I/

I'm not surprised. Today's new is transformational for Tower. Investment risk here has been greatly diminished IMO, which should see lots of money to move in going forward.

Smithy filtered.