Gulfsands Petroleum Share Discussion Threads

[mr genel energy] 05/1/2017 09:39

why is this going up.it needs more funds for working capital...


thats a FACT.

[mr genel energy] 05/1/2017 09:30

keep ramping MR K..

they gonna need more funds.


i will keep ramping Genel Energy.

[mr genel energy] 05/1/2017 07:59

AM STICKING TO MY TARGET...


the rampers can keep ramping.

they need funds for working capital..


how much left in the KITTY.

[mr genel energy] 05/1/2017 07:55

shujja1 trying to RAMP..

6p/7p target...

wait until PLACING.

[shujja1] 05/1/2017 00:23

hxxps://www.worldecr.com/eu-lifts-syria-and-burma-sanctions/


Very important read


READ THE LAW
EU LIFTS BURMA SANCTIONS AND EASES SYRIAN OIL EMBARGO
The European Union has announced the lifting of Burma sanctions and some Syria sanctions, including the current oil embargo. Both moves have already proved controversial, with some critics suggesting they are mismatched to the reality on the ground in both countries

[buffet_take_note] 04/1/2017 23:20

Second quarter not second half.....

[shujja1] 04/1/2017 23:01

"Based on ongoing estimated cash flows, if the farm-out initiatives and recovery of previously called guarantees are not successful, assuming the contingent liabilities disclosed in note 10 to this Half-Yearly Financial Report do not crystallise and fall due, the Group’s cash forecast indicates that further funding would be required at some point in the second quarter of 2017

Secound half 2017 a long long way mate

[mr genel energy] 04/1/2017 16:29

how much money left in the kitty.

[mr genel energy] 04/1/2017 16:16

am ramping GENEL ENERGY...

lol

[wantmorethan24p] 04/1/2017 16:14

mr k and shujja are worse than me.

patience required.

[shabi1] 04/1/2017 16:06

Wantmorethan24Biggest ramper, last week, ramping per second. Couldnt stop himselfNow his disappeared into thin air

[mr genel energy] 04/1/2017 15:22

market makers playing around with the BID/OFFER.

they want to sell you cheap shares which will go down more.


loL

what a SCAM.

[mr genel energy] 04/1/2017 14:46

down she goes...

6p/7p PLACING me thinks...

[wantmorethan24p] 04/1/2017 14:44

Relax am here.

you know my name want more than 24p

[shabi1] 04/1/2017 14:21

Where is 24p man gone

[sux_2bu] 04/1/2017 12:07

Bad robot, you are obsessed with placings.

[mr genel energy] 04/1/2017 11:58

they will get funding but at what price placing.


last fund raisng was done at 4p.

i would say 6p/7p seems reasonable.

[mrkeysersoze] 04/1/2017 11:36

"Based on ongoing estimated cash flows, if the farm-out initiatives and recovery of previously called guarantees are not successful, assuming the contingent liabilities disclosed in note 10 to this Half-Yearly Financial Report do not crystallise and fall due, the Group's cash forecast indicates that further funding would be required at some point in the second quarter of 2017.Based upon its experience and ongoing discussions with existing shareholders and potential partners, the Board is confident that the Group will be able to access appropriate resources to finance the strategy that it is moving forward"http://www.gulfsands.com/wp-content/uploads/2016/08/FinancialReport_InterimJun_Jun16.pdf

[mr genel energy] 04/1/2017 11:14

MR K

whats your view on the next fund raising here??

you obviously know they will need more funds for working capital until Syria is sorted.


i would say around 6p/7p for placing to raise around £2m.