Member Info for zebbo

great value at the mo.

Nuvec will come good and todays SP will be a distant memory. Those that were brave when others fearful will get just rewards. News / update is close

needs to move this on and grasp the opportunity. This he appears to be doing through the farm in process. I am still not clear on the removal of GBP from Stellars mandate list
"Stellar are currently conducting several confidential divestment mandates in Africa" So has the potential acquirer / farmee requested this? Noted that Tullow have also been removed. Could there be a number of prospectives looking at 1 or more nambia blocks in conjunction with each other

Very interesting read Jimarillo, looks like a good fit also, as you have been saying all along. Fingers crossed.

One thing is sure. We will get some action soon enough, the clock is ticking

25k sell first thing this AM was a little top up, but showing as a sell

Cebo et al, where do you see the SP settling. Looks like we could have a 6 month wait here. feels like we could experience a prolonged drift. Any thoughts

Folks, last week I did say I would write to Malcy and he has responded in kind. Does not feel right to give the detail, but Malcy will ask a very well connected person and also has an interest. Will keep you posted.

Do we have access to the presentation that was shown at the African presentation? Could not find it on the website

I have always said Nuvec is the jewel in the crown. Perhaps failure of the trial will focus attention on the progression of Nuvec as number 1 objective. Thats if things continue on what seems to be a very positive path. I for one would support this strategic move

On the investment front, volume is drying up and most of short term investors / traders have departed. The SP seems to have settled in the 7 - 8p range and may be an opportune time to add (trying not to sound like chartist2 :-) )

we are where we are with Total and our 15%. Suck it up or sell out, its as simple as that.

15% of a potentially massive block that will give us (IMHO ~300mbbls on 2 billion CPR with great COS) reckon we could be looking at a 5 bagger min in 12 - 18 months. Excluding anything Namibia may offer. People are starting to load up for promises to be a great medium investment

Biggest danger is that we get taken out before full value is realized, this is a real and probably the biggest risk here

FYB before its to late would be my view

before we get a farm in partner or get taken out IMHO. Gil reckons the 2 drills planned only need to show technical success (dry wells with the right characteristics) to attract further majors.

Those with a GBP position are well place IMHO. The masses will arrive soon, that you can be sure of

I would also like to add that Exxon are likely to drill some dry holes. That comes with the territory. Main point is the plays are being derisked all the time. As I have said many times with 4/5 drills (budgeted for with farm in) we would have to try hard not to hit pay.

Dump Total. Give Exxon the opportunity but retain 20% +free carry all wells. Same targets, some of our targets will be appraisal wells im expecting ~ 300m mkt cap in 12 - 18 months. EXcluding anything Namibia gives us

Currently sells vs buys are around equal sp +10%. Feels like we may now be starting to re rate.

Leg...Good observation. Wish I could have worked that out....lol Selling, but sp does not appear to be dropping in line with the amount of selling. Traders will of course get board after a few weeks and sell that the market. Then they often come back in at a higher price with FOMO syndrome. It happens time and time again. Namibia is hot and will only get hotter over the next month. If we get news this could supercharge the sp. Otherwise we may just get some updraft by association. Still ludicrously cheap at the mo give what is happening and our prospects

Not sure what the spud SP will be. TBH this does not bother me, I'm here for Guyana oil strike. As Gil has stated we are targeting the exact same sands that have given Exxon their finds. Confidence is very high here, hence I'm more than happy to hold. With up to 5 drills what's not to like. Re Namibia, Gil's interview indicates that even if the planned TWL & CHAR dills are dry they expect to get a lot of tech data that will help evaluate future plays/targets. Bottom line 12 months from now we could see a company with a vastly higher mkt cap.

Leicester- most sensible post all day. My sentiments exactly.

Agree with a number of comments.lots of stakeholders to align re data analysis. Look through the short term I am convinced the 3/4 well campaign for Guyana will give ECO substantial upside. More than happy to wait for a 5 bagger ++ . Look through the short term and I see material upside hence not even bothering to trade my 6 fig + hollding. ECO is probably the least risky O&G exploration plays out there I don't even factor in Namibia at all. For me it's all about Guyana

Not forgetting that GBP is only 2D at their stage. COS will undoubtedly improve with 3D. Plus mkt cap still at cash value. So cheap...in fact very cheap if you consider Namibia focus and pending farmin

Lol, then possibly on to the even bigger 1bbls + GBP's Gemsbok prospect

"IMO one should just be careful when shouting out strong buy at 30p - while it wasnt".

Yes, but people should follow their own research. If I said it's a buy until 50p would you rush out and buy........no of course not. The only difference is that some may have deeper pockets. That don't make them right.