Member Info for Torreaguas

PEL94, Namibia

Global in recent months has been actively working with a commercial farm-out partner to secure a farm-out agreement for the PEL94 oil and gas exploration licence. As part of the process, Global has also been engaging with our current JV partners in the licence, Namcor and Aloe, to get their final approval over the farm-out agreement.

Discussions have been positive and progressing well on all fronts with a series of meetings to be held in London over the next two weeks with the commercial farm-out partner. The aim by Global and the commercial farm-out partner is to have the farm-out agreement finalised by the end of the calendar year and then moving onto the final formal approvals required to complete the process.

That is the 2 weeks up tomorrow. Expect a good week next week if we get a positive update.

Well they should hae the deceny to inform the market.

I have protected my money today because there has been no comment.

Not looking good. They must say something today.

0151 356 2141 went for option 1 (reception), was put in queue and when i got to the front it cut me off, tried twice.

Try calling the company, they are just cutting everyone off.

Took a good few as a gamble here today. If they agree refinancing by 9th then it more than doubles.

My gamble is that they will.

A perfect partner would be Quadrise imo. Do a 50/50 Jv. They pay for drilling for a 50% share. it get them a great supplier for msar and its lift off for both businesses.

Anyone got a link to the $1.65b article?

If only we had a bod that had an ounce of deal making ability.

Maybe not

Any guesses?

I have been to so many tomco agms over the years and all you ever get is bul**it. I cant see this time being any different unless they have a deal to announce.

The bod will want to close the meeting as fast as they can.

54m shares issued for the bills at 0.1p ! nice work if you can get it. Will they keep them?

Pretty much nailed on for good news now. Could the Q4 promise come good ?

Jennings again going long

And another 100m

Nt to buy, looks like a blue finish to the week coming?

You just sit back and watch the rise. Wait for news and then buy in. You could still get in around 0.25 for a quick double up. 😊

OldTownHat, deramper. lol. Idiot

Another 15m buy, very interesting buying suddenly happening