Global Petroleum Share Discussion Threads

[aim999] 04/12/2013 10:41

Mmmmm money coming here from tower .... Exposure to the upside without the risk

[marbles1234] 04/12/2013 10:20

Just bought 50k now lets see where we go.

[alex hawk] 04/12/2013 10:17

AIM from the current levels I think your right. Those that were piling in under 5p will be sitting a bit more comfortably now, just need to take out 6p and its game on. Technically looks a lot better now as I commented yesterday.

[aim999] 04/12/2013 09:58

Showing signs of life - more potential to multi bag then trp

[belisce6] 04/12/2013 09:46

trp has gone up from 1.15p to like 4.125p... in only a matter of weeks...

seems like those that missed out r hoping that gbp will emulate trp...

good luck :-))

[alex hawk] 04/12/2013 09:32

GOH - quickly get in this can move quite FAST and fly like FALCON

[ghostofahangman] 04/12/2013 09:16

Dont get TRaPed in this & miss out on a 500 per cent rise elsewhere

[alex hawk] 04/12/2013 09:03

This will explain the reason for the increase from LSE:

Today 09:00WeissyMT5.50No Opinion
5.70 paid. Maybe the BoD actually got into the office this morning and turned the computers on. ;-)

[cashandcard] 04/12/2013 08:41

Stockologist,


Bonds will never give the same growth or return as LEK, bonds lose value in an inflationary environment.

There are plenty of highly-geared minnows involved in Namibia, just stating the case for a smarter way to play it without having to worry about boom-or-bust.


Cash

[ifthecapfits] 04/12/2013 08:34

Do my eye's deceive me!

[alex hawk] 03/12/2013 20:42

Plenty of anti-climaxs recently with GBP recently, but a couple of technicals coming into play - taken out 20/50 day moving averages today, 20/50 day movings averages cross, MACD crossover and momentum going positive.

Now for a bit of volume hopefully to support the upwawrds move, 100k buys going through recently does take a lot to move this sleeper.

[stockologist] 03/12/2013 20:25

'safer' ? if you want bank for your buck you want risk on

maybe you should invest is bonds ?

[cashandcard] 03/12/2013 20:06

Offerman,


I maintain, LEK is a safer way into Namibia. They have 77%wi in 2 Namibian blocks (2514A & 2514B), $70mln cashpile, 30%wi in OPL310 & 1% in OPL241 Nigeria.

Most importantly, drilling on OPL310 by Afren has just confirmed a BIG oilfield discovery - Ogo oil&gasfield. There are another 8-9 prospects on the same block aswell now (derisked in the same play fairway). Initial resource estimates for RECOVERABLE resources are huge at 774-1180mmboe (30% to LEK). This gives LEK the major fallback position others simply don't have and make it a smarter way to play Namibia. £200mln marketcap is nowt for what has been discovered - BIG fields have a habit of getting even bigger.

What these guys are telling you is to bet on hype lifting GBP because there is no fallback position when the money runs out.

Cash

[alex hawk] 03/12/2013 19:21

LEK MC £200m in retrace mode from recent highs, GBP bottoming out just over £10m market cap with acreage next door to TRP - it's like comparing cash and cardboard.Sit on this for 3-4months - safe investment play for riding the Nambia hype backed by cash.

[ifthecapfits] 03/12/2013 18:40

....and juan de nova please.

[stockologist] 03/12/2013 14:03

Balance Sheet one of the best around for a junior in this market
Current Prospects not drilling itself but sister company TRP due to drill in adjacent blocks
Long Term Prospects interesting
Management Terrible

[offerman] 03/12/2013 11:37

GBP, Just added this to my monitor list.

Not invested here at present. Have Large holding PCI some in TRP and BPC but heard many people mentioning this stock. As always i`m going to DMOR but just wondered if savy ones here could give me a heads up on what this companies balance sheets, prospects current and long term are.

Thanks if you can help with that.

[ohisay] 28/11/2013 09:35

I do hope they've been moving more of their cash out of OZ dollars into US.

[stockologist] 25/11/2013 23:19

GBP some positive looking charts on FXD thread

With TRP showing signs of life about time this had a run

[belisce6] 20/11/2013 16:04

yummiee... this one has dropped some more... nice stuff... for those that want in... i put in a buy on trp just before hoping my order gets filled in the end of day auction... but gbp now being below 5p should be an "aggressively accumulate" situation :-))

[alex hawk] 20/11/2013 11:36

Trade the hype to TRP drill they can eat the cash in the bank after that for all I care.

[monkey puzzle] 20/11/2013 11:15

Look at the shareholder votes...no wonder they can't be bothered to do anything for their money and awards...they don't need to so why should they even bother....they can milk this for years from cash in the bank while out playing golf every day etc. If shareholders don't exercise their votes at the AGM (as clearly didn't) they deserve all they get here.