Member Info for Roobans

Good buy at 2.8p potentially... If we get the news expected this year and on the balance sheet for next year do you think we can be at 10p by Jan?

Lol... big spread GDL? On a positive note new blood is what we need!

The 20%+ spread has killed this until solid news flow and probably results on the balance sheet...

Some buying today, maybe you are right...

'The upcoming drilling programme aims to expand commercial operations over the remaining 75% of the block.' (GCZ)

'Launch GSS LiFaBriC drilling programme to further increase sales volumes'

Never thought I would say this but could even buy a few if it goes sub 3p... Certainly a lot in the pipeline, think we may even hear RG say those magic words again about 2018... Could be 'transformational'....

late reported trade, assuming its a buy at 4.5p...

Yup, have a feeling signed contracts will need to be delivered before it starts to pick up though - until then huge spread will deter new investors and sp will prob be manipulated back down to get interest...

that should bring some interest and a little scratch below the surface should highlight the potential here... 10p by 2018, 20p by 2019 and then the LifaBriC's alone should bring in a healthy annual return above current Mcap - nearly double in fact... GL all still holding...

Be nice to see 50p again one day!!

http://www.proactiveinvestors.co.uk/companies/stocktube/7241/greka-drilling-up-67-today-and-heading-for-7p-claims-zak-mir-7241.html

Need a lot more volume though and suspect this will be manipulated back to the lows until we get it...

Very true but the safety blanket of big brother (GDG) looking after GDL is very significant while we sign new clients. GDG have stated they (or GDL) will drill 125 new LifaBriC wells by 2021 - that is $187.5m in revenue over the next 4 years from that alone... After that the number increases each year. Could see an SP return to the 20's over the next 18mths with the initiation of this and further contracts or extensions... Life in the old dog yet!!

Not massive but another source of operating cash and looks good for the CV re future contracts... Still trading below NAV significantly so a lot of potential upside here over the next few years! Anybody new looking in checking in check out the latest GDG presentation regarding new LiFaBric wells planned over the next 5 years... Now that is a lot of $$$$$$$$'s heading to GDL...

The volume here is less than £1000 a day and less than 10 trades... This price has been pumped up to 4p and down to 2 with no volume to try and draw some interest, not working tho.. This needs some real news to get people back in, potential is there but not until something happens

The mm's are desperately trying to breath some life into this on virtually no volume... Can't see anyone falling for it until there is a solid positive news outflow...

Either way not terrible, somebody buying that amount obviously positive but on the other hand somebody able to sell that amount at the mid price is also reasonably positive given the last few years history of this... Another few years and who knows? GLA

Certainly the potential for some positive news... Need a large injection of positive sentiment to get things going here, a GDG contract alongside a new India contract in quick succession would do it.... Here's hoping...

as expected... time will tell.... zzz