Genbel S.A. Share Discussion Threads

[thelung] 11/1/2011 14:37

You're late pana - 61c!!

[panagos] 11/1/2011 06:25

40,000 rhub, I bet they will hit at least 1 out of 3..

[rhubarbe] 10/1/2011 23:21

How many you have of these, pana? I only have 7,000. Sold the other 3k to buy more VST.

[panagos] 10/1/2011 16:41

A decent oil find in Kurdi land might be round the corner.....With 68m shares in issue and a thin freefloat this could shoot to the stars pronto.

DYOR

[thelung] 10/1/2011 15:11

STILL GOING UP

[rhubarbe] 09/1/2011 19:38

Ah, it's Young Mr Grace...

[robbo126] 06/1/2011 22:26

Nice volume again aswell.

Thanks for the link Pana.

[panagos] 06/1/2011 21:43

today's report from eresearch

[thelung] 06/1/2011 21:16

Nice close

[jfjfjf2] 05/1/2011 21:59

-3.6, it's held up well considering yesterdays rise. I'm pleased with that.

JF

[panagos] 05/1/2011 15:00

58 and rising

[robbo126] 04/1/2011 21:40

Yes it did jfjfjf2!

1 million buys today out of 68m shares in issue... someone certainly likes the potential of our Egyptian license because thats huge just for spudding news!

[jfjfjf2] 04/1/2011 21:17

That felt good.

JF

[alexwest7] 04/1/2011 21:02

I would be inclined to agree. Foreseeable future only being the next month or so however as we should be expecting some nice updates by then. Worth a note this is now the 4th highest volume for the last 5 years.

[thelung] 04/1/2011 20:35

I think we've had our lot for the the forseeable future as we're now level with the shoulders from the peaks in H2 2009. It would be good to consolidate at 56-58c......but I'd love to be proved wrong!

[panagos] 04/1/2011 20:08

i can defo see 60c today

[alexwest7] 04/1/2011 19:40

Robbo - I see you were determined for the volume to break 1mil ay? ;)

[panagos] 04/1/2011 19:36

55c.......chooot chooot!!!!!!!!

[robbo126] 04/1/2011 19:11

Lets see if we can get to the magic 1 million volume-wise.

[alexwest7] 04/1/2011 16:31

cheers the Lung & robbo. I bet even those who had a dip at 44c will be having a little toast to the future success of GSA tonight.

JB you've not been around for a while, wondering if your still monitoring little GSA and whether you've ever charted it? not a chartist by profession myself but considering the recent upward trend and todays price + volume action i was looking to get your thoughts on the next 50 days or so? any help appreciated, certainly appreciate the VST charts among others!

cheers, Alex

[robbo126] 04/1/2011 16:10

What were you saying Pana! Nice volume for the rise too.

[miamisteve] 04/1/2011 16:01

Level with VST for the first time now.

[rhubarbe] 04/1/2011 15:26

First time I have been in profit since I bought them. LFD might hit 40c soon, too.

[robbo126] 04/1/2011 15:18

I hope so Pana... although I can wait 45-50 days for the real fireworks to start!

I've just worked out (using my NAV) for the the 3 wells which are drilling (not including the larger prospects drilling next in both Guyana and Egypt and QD upside from the the CPR figure and the Teriary 64m net pay in QD) that we have an unrisked potential share price of $4.60 and a risked price of $1.53. Success on anyone of the 3 drills should underpin the share price at a price higher then todays, ready for drilling the other prospects.

So 50c - 60c pre results isn't too unrealistic if you ask me! :)

Edit: Forgot to add that we now know prospect B will be the 2nd prospect drilled in Egypt, this is the biggest of all the prospects on this license and could be worth around $2.60 unrisked, based on the P50 potential figures.