Member Info for steven49

2nd then sorry

Investors call was discuss latest rns not Paraguay

Holds 29.72%

Biggest share holder taken advantage of share price rise sold out

Peter Levine I understand holds good chuck shares and in his interest 4 company too do well but nothing stopping him from buying big chunk more at these low levels along with trafigura

Great company but funding at 9p substantial discount at today's price

Market cap has put very little value on Paraguay,until agreement is reached of which hopefully positive then value will be seen.still in discussions on Paraguay let's hope positive outcome

His mentioned Paraguay in recent interviews and stated should not be buying in on assumption of Paraguay deal.nothing priced in 4 Paraguay and rightly so.

His mentioned Paraguay in recent interviews and stated should not be buying in on assumption of Paraguay deal.nothing priced in 4 Paraguay and rightly so.

Not have to be by dilution of more shares can be done by loan facility through IYA is a company whose ultimate beneficial owner is Peter Levine, been done b4,

The Group is also actively pursuing value accretive acquisitions of high-quality production and development assets capable of delivering positive cash flows and shareholder returns.

President continues to deliver the goods and the value of the production makes a mockery of the market cap which should be a multiple of this

NO FUNDRAISING enough cash being generated 4 drilling,has mentioned acquisitions few times.not surprise me at sometime a further acquisition at some time

Good buys got feeling this will ping higher at some time. GLA market cap just too low.

The term of the Pirity Concession, being the principal asset of the Company in Paraguay, has benefited from an extension of time due to force majeure, the result of which means the Concession period extends until the first quarter 2022. In the event of successful drilling, this period will be extended further into a long-term production licence.

Prior to the Covid-19 crisis, President was in substantive discussions with a foreign National Oil Company (NOC) who, after detailed due diligence, made a preliminary offer in relation to a farm-in, including the drilling of a well on the Delray complex containing, in total, an estimated 230 MMboe of Oil in Place ("STOOIP"). Due to the crisis, these discussions were suspended. Accordingly, whilst at the present time there has been no concrete re-engagement with that party and there is no guarantee that such will re-occur, the detailed discussions did encouragingly demonstrate that the farm-in prospectivity is real and tangible. The force majeure extension of the Concession period will be of significant benefit in the ongoing farm-out process.

Accordingly, the total number of New Ordinary Shares to be issued by the Company pursuant to the conditional Placing and the Broker Option is 383,333,333. The aggregate gross proceeds of the UK Placing and the Broker Option is £1.15 million. Aggregate proceeds, net of expenses, are expected to be £1.07 million. 11 years down line and still no deal,



Under the fee arrangements in place with Turner Pope, the Company will issue Turner Pope, conditional on Admission, a total of 95,833,333 Warrants to subscribe for new ordinary shares at the Placing Price for a period of 36 months from Admission,

Took bit of hit today gas prices all no expect them to recover

Will stay with it till new year seller still there.all no buyers too.

4ever raising money this company,followed them 4 years avoid.

One thing 4 sure some1 accumulating stock buyer of 500000 stock regular buyer