Global Petroleum Share Discussion Threads

[ertugrul] 31/7/2013 17:25

Once agree to BBR

[bam bam rubble] 31/7/2013 15:57

Quarterly expenditure as expected but thanks to a +$0.6m gain on currency movement the cash balance at June 2013 is slightly higher than expected. Having checked the accounts this is due to a large part being held in dollars as opposed to all AUS dollars.

Recent weeks has seen a seller on the bid, once finished I expect the price to correct back towards cash value.

[monkey puzzle] 31/7/2013 13:50

dooon again......back to lows....just cannot see why anybody would risk buying these without a clear plan from the management...expect to see zippo news until the next quarterly update...and a lower share price by then?

[ertugrul] 31/7/2013 11:52

Loading up BHR for time being, done my last top up with GBP, all GBP shares in ISA and allowance used.

This article just released re BHR. Production very soon

[monkey puzzle] 31/7/2013 10:57

Ert,

re BHR....not for me I'm afraid...I don't like miners full stop. Especially ones operating in Africa. MCAP looks inflated to me fwiw.

But then I have other shares which people say are over valued or over rated etc etc...each to their own as they say...GL

ps you might want to have another go at your old favourite CAZA....

[monkey puzzle] 31/7/2013 10:54

ert,

All my shares are dogs so I wouldn't follow me into any of them!

[ertugrul] 31/7/2013 10:47

have a look and let me know.

what other stocks are you holding atm?

[monkey puzzle] 31/7/2013 10:39

Ert,

I have no view on BHR, I don't follow it.

[ertugrul] 31/7/2013 10:15

MP - Whats your view on BHR, I been buying it below 2p...

[ertugrul] 31/7/2013 10:14

MP - We should see JV or an acquisition news soon

[monkey puzzle] 31/7/2013 09:59

Not really ert, nothing has really changed...the company will still be working its way through its cash pile every day with no public plans to generate any incomes....yet

[ertugrul] 31/7/2013 09:46

hard to believe we still got seller at these low prices

[ohisay] 31/7/2013 08:48

FFS Ertugrul - Don't you know they are Australian dollars not US.
Cash is 6.56p per share not "7p".

[ertugrul] 31/7/2013 08:32

Fullask paidShould move again

[illuminati1] 31/7/2013 07:51

At 5.25p the current market cap is 9.2 mill pound.
Trading -30% discounted to cash...
~ 13 mill pound cash in the bank is around 7.4p per share

[ertugrul] 31/7/2013 07:19

Appendix 05B www.investegate.co.uk/article.aspx?id=201307310700085192K&fe=1 

[ertugrul] 31/7/2013 07:10

Rns. Total: cash at end of quarter $22,113,000Told you guys cash is over 22m which is close to 7p per share

[ertugrul] 30/7/2013 15:10

YES!!!

News tomorrow

[monkey puzzle] 30/7/2013 14:32

Hope so...

[ertugrul] 30/7/2013 14:30

Recovery began!!!!!!!!

[ertugrul] 30/7/2013 10:32

Quarterly result tomorrow. Hopefully some movement will come

[monkey puzzle] 29/7/2013 13:05

Could be something could be nothing...alot of chatter around NTOG today on BBs and share price is rising...fwiw

[hugepants] 29/7/2013 13:01

At this price looks like a free ride on the next HRT well which I think is due to spud in the next week or so with result due in September some time. Then the next Namibian drill is Repsol in February 2014? DYOR.

[monkey puzzle] 29/7/2013 12:36

You mean when GBP bought Jupiter?

[bam bam rubble] 29/7/2013 12:34

Partly by vending in the original oil & gas assets, another lot by vending in the Namibia blocks two years ago as well as some director buys over the years