Member Info for Sheephatch

Https://www.tipranks.com/news/company-announcements/geo-exploration-limited-announces-major-resource-upgrade-in-namibias-pel-94

News getting out there.

Buysellrepeat - really looking forward to you joining us this morning with your negativity and please do explain again why we shouldn’t invest are money here.

Today's resource upgrade underscores the tremendous potential we see in PEL 94 and the strong conviction we have in our Namibian licence. Our technical team has done a terrific job delivering new, material leads on the eastern side of the block. With excitement building across Namibia-and particularly in the Walvis Basin-we are actively progressing farm-out discussions to secure the best outcome for our shareholders"

I think this mornings very strong news explains why negotiations have needed to be extended and Omar didn’t accept a low ball offer.

A few of us here have been trying to be honest over the last few months and point out the potential in Namibia and Oz. This just confirms up things a little more.

Market cap with oil and gold certainly in my opinion looking very cheap.

Good luck.

Global Petroleum has confirmed that several well-known players in the oil and gas industry have expressed renewed and new interest in PEL 94. While the company had initially set a deadline to finalise a farm-out agreement by 31 December 2024, it has now opted for a more flexible approach. “Our priority is to evaluate all available options thoroughly, without being constrained by a strict timeline. By doing so, we aim to achieve the most advantageous terms and conditions for the company and its shareholders,” Global Petroleum stated. Discussions with a potential partner were first announced in August 2024, and while progress has been steady, the company's management believes that the additional interest from industry heavyweights presents an opportunity to secure the best possible deal. The license area, covering 5 798 square kilometres in water depths between 450 and 1 550 meters, is estimated to hold 2.7 billion barrels of oil in unrisked net best estimate (P50) prospective resources.

Patience is a virtue.

Https://pumps-africa.com/chevron-custos-energy-namcor-completes-arm-in-agreement-for-pel-82/

Chevron very positive on the Walvis Basin and on the look to expand.

Our licence area is going to be sought after and hopefully Omar will eventually get the right deal over the line.

“Global has 78% and is the operator of the license. Block 2011A covers 5,798 square kilometres in water depths ranging from 450 metres to 1,550 metres,” it read.

The firm reported a rise in interest in PEL 94 data, attributed to the growing offshore exploration activity in Namibia, including Chevron’s recent acquisition of an 80% operated interest in nearby PEL 82.

Global Petroleum believes the farm-in agreement, if successfully concluded, could be “transformational” for the company, enabling the development of an estimated 2,747 million barrels of unrisked net best estimate (P50) prospective oil resources.

JV announcement hopefully soon and additional results from Juno around the corner.

Very exciting prospect on both fronts.

Https://oilprice.com/Latest-Energy-News/World-News/Offshore-Oil-Exploration-Booms-in-Namibia-with-Key-Decisions-Looming.html

Namibias oil industry has a hopefully great future.

# of Trades 3

Vol Sold 900,000

Vol Bought 2,100,000

Hopefully a blue day ahead

MHO1

Have a read of the below and you decide if this has potential.

Yes Callum Baxter may not find another elephant, but he might.

Saying he won’t is like saying Alexander Bell wouldn’t invent something after inventing the telephone. Actually he went on to invite lots of other things just not as well known.

You are obviously not invested here and perhaps you should stay on BB’s where you are.

I’m sure many of us here who are invested fully understand the journey ahead of any exploration company and the need for money and business acumen. I’m very happy to invest at today’s prices then potentially having to pay a lot more when things have moved on etc.

Good luck though with your investments and let’s hope we don’t hear from you again unless you decide to see the light and join us.

Global Petroleum Limited (LSE AIM: GBP) is pleased to announce the delivery of final data for ground gravity for the Juno Project in Western Australia, further to its announcement on 25 November 2024. Analysis of the gravity data has confirmed a significant residual gravity response at Juno, aligning with the prominent magnetic feature previously identified. This critical alignment represents a typical signature of Intrusion Related Gold System (IRGS) mineralisation, analogous to the Havieron deposit model, which has delivered exceptional gold-copper results in the Paterson Province of Western Australia.

Ground gravity data was collected over the central north of the Juno Project area from late November to mid December 2024. A total of 1400 ground gravity observations were taken at station spacings of 400m x 200m, and 200m x 200m where added resolution was required. Post processing and imaging of the gravity data was completed during late December 2024 and early January 2025. Delivered products include high resolution raw and residual gravity data.

It is encouraging that the newly acquired 2024 ground gravity data has successfully confirmed the gravity response that was initially suggested by the historic work from the 1990s. Importantly, the Company's recent detailed and spatially accurate gravity work has successfully identified a significant residual gravity response that is coincident with the large magnetic response at Juno (Figure 1). The residual gravity response covers an area of approximately 4km x 2km (8sq kms) with a peak amplitude of 2mgal. The magnetic feature covers an area of approximately 5km x 2km (10sq kms) with a peak response of +1000nT. Coincident magnetic and gravity response of this size and amplitudes is consistent with IRGS and IOCG (Iron Oxide Copper-Gold) type deposits. The Company is targeting IRGS type mineralisation at Juno.

Https://www.proactiveinvestors.co.uk/companies/news/986579/coffee-with-samso-greatland-gold-s-havieron-gold-copper-discovery-in-paterson-range-986579.html

Great interview which is a few years old but is worth finding some time to listen to.

Provides insight into Callum Baxter himself and his expertise and experience. Then the journey into starting Greatland Gold which now has a value of 1.56 Billion.

With his work/data sets etc he was looking for ‘Elephants’ which is gold in the million of ounces and a ‘company maker’.

Callum Baxter is one hell of a geologist and has proved his ability in Western Australia.

He very much likes the potential with Juno and so far appears really pleased with the early findings so far. He is also strong on how similar things are with what he found at Havieron. Juno is just bigger, much bigger.

Is this an early opportunity for investors to get onboard early with an industry expert ??

Are the shares currently at a very low in price ?

In my opinion-absolutely.

Sounds like a really nice chap as well which is a bonus.

Enjoy the interview and make your mind up.

Regards.

Https://investornews.com/energy-oil-gas-uranium/namibia-africas-new-oil-frontier/

Pepsi

Hopefully a fruitful and wise investment.

Someone else has just bought 2.5 million.

Could be a blue day 🤞

By comparison, Havieron, a large IRGS gold and copper deposit (+8Moz gold equivalent) located in the north of Western Australia, displays a 1km x 1km (1 sq km) magnetic response with a coincident gravity response peaking at 0.5mgal. The intensity of the gravity response at Juno is more elevated than Havieron, and the footprint of the coincident response at Juno is several times larger which illustrates the significant size of the opportunity at Juno.

The above from a previous RNS - just to remind everyone and particularly new investors to the potential here.

We know what Callum Baxter found before. He and his team are now working on the Juno project and seem to very happy so far with what they have found and the similarities. The only difference is Juno is much larger !!!

Nothing is certain but the potential is massive.

Nice article and absolutely shows the keenness for companies to get a bit of the Walvis action.

Re todays RNS it’s certainly another step forward in this exciting exploration project.

Https://www.lse.co.uk/news/totalenergies-bwenergy-set-to-decide-on-namibia-projects-late-next-year-govt-official-says-t1wb98s97ic5t99.html

Potentially some of the issues going on in the background with our hopefully soon to be announced JV.

Nothing in life it’s simple but some things are worth waiting for.

Hopefully this positivity will continue into next results.

So our little Troll says it’s back in PRD to trade.

Last time it announced it was out after its last alleged trade was at 2.85. So if it’s back in again it must have paid more then 2.85 as we haven’t been below that price again since.

I think this trading thing isn’t really for you but I’m glad you agree with the rest of us that the SP will increase from here.

Good luck this time.

When a share that I’m invested in goes up I take notice and sometimes post about the positive movement. But to be honest this will yo yo up and down until we get news. I also posted over the weekend and do regularly when I research and find the odd relevant and interesting article.

You however seem only to appear to be negative and are presumably not invested.

I think everyone here finds your input here strange, negative and most unwanted.

Perhaps post on BB’s where you are invested and a little more positive - if you have any that is.

Thanks again for adding nothing to this BB and hopefully you’ll go away when we get the news we are waiting for on the JV and the years of news ahead in our exciting gold exploration.

No of Trades 17

Vol Sold 666,666

Vol Bought 38,195,734

Funny how the same old negative posters turn up when the SP goes up.

Good volume this morning and news will come when it comes.

Enjoy the sunshine.

Pareto

You’ve won your argument now leave the two of them to speak to themselves.

Please just ignore them or you risk becoming as bad as they are and turning this BB into a playground.

Take the high ground.