Global Petroleum Share Discussion Threads

[emptyend] 21/1/2021 08:48

....post 8627 to be exact

[emptyend] 21/1/2021 08:44

It wasn't - as noted in the release!It is also a formalisation of something announced several weeks ago - you won't have to look back far to find a post from me guesstimating the strike price at 1.05, for the record.

[supercity] 21/1/2021 07:55

Not sure how you can describe it as an 'incentive plan' when the option price is twenty percent below the market price

[swanvesta] 20/1/2021 14:58

Scotty dog forming on the 3 month chart...

[fardels bear] 20/1/2021 14:36

IME most blokes called Norm live in Australia..

[emptyend] 20/1/2021 14:07

Not sure it would be called a "norm" but it is entirely possible. The reason is that GBP's own interpretation of volumetrics is irrelevant to a farminee - they will make their own interpretation based on the seismic data, so both sides' opinions can be formed concurrently.

[rachael777] 20/1/2021 12:30

Sorry this is stupid question time - we are due an updated resources estimate on PEL0094 in the next few days but the farm out process has already commenced ? I can see the data room was flagged up as being open January so are the results of the 2d seismic already known by a select few? Would it be the norm to expect an announcment of a revised resource estimate and succesful farmout in one go ?

[daar] 13/1/2021 12:49

Defo more than £5m. No denying of #GBP assets. Just the recent P&D was initiated by twitter crew

[emptyend] 13/1/2021 11:34

Sigh.....Its all just noise.The main question is....is the Namibian acreage in 2021 worth more or less than the £5mn market cap? The farmout outcome will tell us....

[daar] 13/1/2021 11:09

0.90 soon and then 0.80pTwitter crew out already imo

[wahrani31dz] 13/1/2021 09:51

Time to buy imo. News due in two weeks

[darkhearse] 13/1/2021 08:44

Can't sell

[rachael777] 12/1/2021 14:10

I think the volume traded over last few days makes it unlikely that we will be revisiting 0.8p any time soon

[daar] 12/1/2021 11:28

0.80p here we come

[emptyend] 12/1/2021 08:24

hTTps://www.offshore-mag.com/drilling-completion/article/14190132/americas-to-lead-offshore-highimpact-exploration-drilling

[daar] 12/1/2021 08:07

Twitter crew loaded below 0.80p and mugs buying now whilst they are offloading - Always the case. Back to 0.90 and below next few sessions

[emptyend] 11/1/2021 18:00

Whatever the case, 75mn shares traded is around a quarter of the current free float....

[apfindley] 11/1/2021 16:54

Beware of listening to everything you hear or read on twitter by the pumpers. They have bought at well below a penny before they even start pumping it.

[rachael777] 11/1/2021 16:48

blimey i didnt realise the volume that went through today - 66M! clearly one or two like a trade! I guess those new holders that were in on the placing found it hard to resist almost doubling their money and selling out, Just a bit more patience required here.

[yasrub] 11/1/2021 15:42

I am holding very tight ee, come too far - as has been said consistently a farm out is likely to change this valuatiin significantly.

[emptyend] 11/1/2021 15:12

It remains the case that the free float is pretty tight - albeit having been significantly expanded in the placing. Prior to the placing, I reckoned there were only just over 100mn shares in the free float and about 100mn held in very firm inside hands.As you can see....50mn has traded today.....