Global Petroleum Share Discussion Threads

[oliversydney] 16/7/2024 08:39

To me this is a real positive as no shareholder would loan this sum of money with no security if not certain they will be repaid and fairly short term. One can only presume the company has plans to generate income but what source this will be is the unknown and hopefully we should soon find out

[tomboyb] 16/7/2024 07:35

RNS out -

6 July 2024

Global Petroleum Limited

("Global" or "the Company")

Company Update


Global Petroleum Limited (AIM: GBP) is pleased to announce that, following entry into the First Renewal Period that it has increased the bank guarantee facility in accordance with the Petroleum Agreement for PEL 94.



The Company also wishes to advise that it has entered into a short-term Loan Agreement for USD270,000 with a major shareholder of the Company for provision of general working capital requirements, including providing cash collateral for the bank guarantee. The loan is interest free and is repayable on 30 September 2024 unless mutually agreed to extend beyond the repayment date.







For further information please visit: www.globalpetroleum.com.au or contact:



Global Petroleum Limited

[phone]

Andrew Draffin, Company Secretary and non-Executive Director










SPARK Advisory Partners Limited (Nominated Adviser)

[phone]

Andrew Emmott











CMC Markets (Broker)

Tom Curran/Thomas Smith

[phone]






SI Capital Limited

[phone]

Nick Emerson/Nick Briers









Tavistock (Financial PR & IR)

Simon Hudson / Nick Elwes

[phone]

[riskyinvestor] 23/5/2024 16:01

It has woken again

Farmout news

???

Anyones guess

[oliversydney] 09/5/2024 15:12

Interestingly at present ten million shares on the bid and can only buy 100000 at the offer price and 8.4 for any size so hopefully news coming

[markingtime] 05/5/2024 14:58

mmmmm.....a trade for 90 million shares, slid in after hours on a Bank Holiday weekend.......Interesting .......;-)

[southway2] 02/5/2024 10:36

Time to buy is now .

[markingtime] 01/5/2024 10:07

I love the idea of just assuming that there WILL be opportunities to trade in and out.There may be, of course, and a small number will have sold yesterday at 0.14+ and could now buy back slightly cheaper. But what happens when there is another deal in the Walvis Basin? Or there is drilling that proves up some of the play types? 2p or not 2p, that is the question.

[southway2] 01/5/2024 09:56

Buyers will return

[zxie] 01/5/2024 09:52

What is happening

[thelung] 01/5/2024 09:24

Gil Holzman, CEO of Eco Atlantic said ...... ‘this is a farm-out basin opener and as we knew and expected everyone will now rush to the Walvis Basin, after Chevron showed has signed up for this block........... (Malcy)

[thelung] 01/5/2024 09:22

Exactly. He could have had a bag but he is ADVFN's Victor Meldrew.

[southway2] 01/5/2024 08:50

That was an easy 100 plus % Wait for it to go back around lows and buy and wait for next rumours or placing

[apfindley] 01/5/2024 08:42

Oops.As I said...the pump game is played, the dump has started ahead of the next placing.You can talk fantasy figures of billions of barrels of prospective ooip on licenses hundreds of miles away, but it doesn't change anything for Global.You're still flogging a lie until they drill and price their own license...something which they have no money for.And the mug punters were drawn in yet again by creaming over the top risers boards. Pathetic.

[zxie] 30/4/2024 17:33

100% so nice

[bionictroller] 30/4/2024 16:10

An AIM listing is worth £150,000 tops

[purple11] 30/4/2024 15:52

listing alone is worth £700 Grand

[purple11] 30/4/2024 15:52

nice move
well done to all holders who were in on the double bottom

ace!

[glavey] 30/4/2024 12:21

Rather less than a penny though, bad or good, that's how frequent recurring decimation works.

[supercity] 30/4/2024 12:14

The pessimist returns lol - like a bad penny when a share rises.

[thelung] 30/4/2024 12:10

Diddums :-)

[southway2] 30/4/2024 11:46

That's enough for me 100%+Reinvesting in Trp much better prospects and no imminent placing

[citys2874] 30/4/2024 11:39

strong buying pressure crossed 100 million in volume buys outstripping sells was in high 20.00s - 30.00s 1 year ago so will climb to 20.00+ fairly soon

[apfindley] 30/4/2024 11:38

Just 3.5 bn?Proven?Or just talked about based on numbers you've heard from pumpers?Once it's drilled and proven that's different, otherwise a company with no money and not yet drilled , its just fantasy figures.

[citys2874] 30/4/2024 11:36

watch this space strong reversal bounce up underway