Member Info for sonicboomboy

Should be a good morning here, I'd be expecting alot to buy getting in ahead of the listing time in the US.

Silver,

Yes you understand. Money raised at a lower price leave the MCAP of GLND at 215m = 80M at 92m everyone happy albeit GlND isn't 10 its 8.23 and nothing to worry about.

Hence eyes on the MCAP not GLND SP.

Silver,

Because of the PIPE.

Rachel,

I think you are missing the point of why GLND may command a $6.50 SP on open but retain its $215m MCAP via a PIPE investment.

Therefore, it's nothing to do with confidence but about dilution to the SP, gaining.funds and retaining the MCAP.

After that it's off to the races.

Everyone needs to be aware we are watching GLND s MCAP NOT it's SP.

The fact is this is more than a mere commercial opportunity.

What we are is seeing the start of undiscovering a new source of energy in a jurisdiction that is highly desirable and actively sought after by the world largest supermarket power.

Nonetheless licences and exploration are 'in house' by way of a 70% control via GLND the hard part has been done.

The US govermeent can now and will IMO swoop in and start taking a stake in GLND as they see absolute value in the longer game, far past the initial 2 Wells in the search for $1 trillion of oil based on 13mbo. This equally could be 3x4 times the size of 13mbo.

If you see the numbers qe are talking about you'll quickly realise the current valuations given the POO and macro environment are way too low versus the reward.

The US Government WANT this to succeed hence Trump Jnrs involvement.

If the US Government take a stake in the coming week I think the price will go way above reasonably optimistic estimations we have discussed thus far.

It's going to be all about the US Government gaining control of thst last major frontier too.

I'm expecting huge support from the Trump regime on differing fronts. I also believe they will take an equity stake in Greenland Energy soon.

PELI 9.3p = 80M 1.52p

Sat,

Probably best not to invest 1k or 2k as you clearly don't understand the mechanics of how this is working.

Good luck on the slopes.

Sat,

Have you lost your marbles. You don't think you are able to list on the NASDAQ without showing how your business has access the funds that fuel the listing . That would be irresponsible.

I would turn this around and say. So you can't see the only but the money is there maybe this demonstrates the backing this project has got and when it listing we will see that backing x 100 in the .arket itself.

Sat night,

Was it not you that pointed what a small free float of cirxt 1.5m shares there were going to be in GLND?

So what do you think is going to happen to get II's on board with the additional shares they meed and give the company funds at the same time?

It won't be at a discounted t to the original terms and agreement figures though.

F1,

Well said .

BUT

the GLND listing is happen and GLND have the money upfront to pay for the 2 wells - no more discussion required.

It's been stated the CoS on this first well are over 50% maybe as much as 80% - see the video of Halibirton visiting the site.

There will be just over 1.5m shares in issue, which is tiny.

Wheba SPAC is sponsored the sponsors don't even know what type of company the SPAC will buy. So I really wouldn't be too concerned by the SPAc price at all as you are looking in the wrong place at the wrong thing.

Investors enjoy differing commodities shares. The oil investors will only be coming in here on Webmesday unless they buy 80M. This small float is really going to ignite what I believe will be a stellar rise IMO. I think this will take place over the next week or so. 80M is where investors willl turn when GLND runs out of stock.

As for future well, yes I can see debt funding via Governemnt links is the likely direction of travel. The IS Governemnt will want to try and control what they can of this on a successfully drill.

Also there has been a suggestion the reason for a slight delay in the listing is due to US Government involvement at the outset - quite what that means and on what level I do not know but they have been asked to be kept fully informed of all developments

I dont think people realise we are looking to drill for 1 trillion dollars of oil and a 1bm valuation of GLND would be undervaluing it if it finds what it thinks is there.

Another green box up early doors today - guess who no doubt.

Desperate!

If there is a tiny amount of.free float this price is going to go completely insane next week.

Great posts re the share breakdown, I'd love to see more of these today, just trying to get it crystal clear in my mind too.

As said before they would be raising from alot higher position if they find which would be fine, should we not be made an offer for out 30% which I'm think we will. Many multiples from here.

Given the fact the float is so small and now common knowledge it would appear our friends with more negative view have realised they have started to run out of runway.

The fact they have failed to grasp wirh their incessant posting here is.....they have no influence over the US , their patriotism and their huge pockets and ability to buy stock.

Nothing they say here will matter one jot and they are starting to realise the clock is ticking on them.

What is most fascinating is the less the. 5% free float available in GLND.

I think we all know what this willl do over the first week of trading as a result.

The facts are we.have been put onto Sets )put of the blue) to allow easier access for international investors (American mostly) and do you know why?

Well it was because Rod woke up one morning and thought, nothing to do today, let's have a go at getting on Sets.

No, no, no, he is facilitating and taking advantage of requests from the US to allow them to buy into 80M as an additional source of supply.

I fear few have joined the dots on this week's news but I can assure you that is the reason why.

The tiny free float, its going to put this higher than, most people thought or maybe should be but that's a NASDAQ IPO for you!

GLA holders

Tiger,

Correct, hence the willingness to enter talks. we all know what's going to happen.