Global Petroleum Share Discussion Threads

[412069] 28/8/2014 09:12

Anyone here have any idea when the Juan de Nova Est permit will be
issued?

[olieslim] 22/8/2014 09:25

Some party should blow the blue shorts here for starters.

[buywell2] 16/8/2014 09:18

This has been a diapointment to its mummy , Mrs Market, since it was birthed

[p1nkfish] 16/8/2014 08:59

Well there was no July news. Looking like they have mistimed it.
Were GBP just lucky in the past or do they actually have some skill?
Not impressed so far but no doubt they are.

[supercow] 08/8/2014 09:24

The spike to 4.5p late July looks like 5 Million purchased around 4p, or someones £200,000 investment. The pump and dump brigade quoted on here was not what we saw, the proceeding sell off never came.

We've had a few days where volume has started to pick up in the last 6 months, meaning its likely to be the end of this 3-4 year downtrend. Another high volume period like the end of July and this is beginning to look interesting. Inside info or just good value its waiting to happen.

[p1nkfish] 07/8/2014 22:55

Longer it takes to exploit, the more the cash pile ebbs away or just erodes. They should poop or get off the pot.

[olieslim] 07/8/2014 15:31

It's very good acreage. Imo, one of the best around there.

The BoD should level and share their agenda with shareholders.

Unnecessary to say I don't believe they are.

[bam bam rubble] 06/8/2014 14:03

Share price deterioration could increase pressure on mgmt to wind up the company
and return cash to shareholders. On that basis a continued drop is quite welcome.
Post wind-up and costs I'd estimate there would be 4.5p cash per share available.

[olieslim] 27/7/2014 06:49

Thaaarg, I did not regard your post as anything other than a simple straightforward post -as you put it- and was happy to see it setting the matter straight. Thx!

[thaaarg] 25/7/2014 18:08

Olieslim,

I was looking to add after reading ohtaxes proclamation on the iii GBP BB, at about 1530hrs, that GBP had 'disappeared' from the 'In Markets' FEC page, a la DES.

I thought it only prudent to confirm that fact before I bought, only to find it had was in fact still listed on the 'In Market' page.

I thought it the right course of action to inform the BB immediately that this was the case.

A simple straighforward post, not evidence of the culmination of an amateur boiler room scam.

[olieslim] 25/7/2014 15:06

P.S.

2 remarkable's on the hike to 4.9p:

(1) Ohtaxes and Thaarg

12:39 22/07/2014 Re: TRP moving up north !!!
Possible Namibian farmout.

First energy capital have amended their website, GBP are no longer in the 'In market' section of their website.

Last time that happened was with Desire Pet', when they got taken out by FOGL.

Deal done imo

Has to be a buy By Ohtaxes

15:40 22/07/2014 GBP now back 'In Market' on FEC website
GBP now showing on 'In Market' page on First Energy Capital website. By Thaaarg


(2)

And this one, the centrepiece:

12:43 22/07/2014 It's too easy sometimes
Liquidity to buy drier than an AA Christmas night out.

Target 7p

IMO

GLA

BH By Blue Horseshoe loves chip fat


-----------------

It started rising @1100 hours but nobody commented.
Then came MaxV with the intro asking for attention, after confirmed with the centrepiece while the tool (Arminius aka Mars_2050 aka Illimunati1) started copy posting everything he could he get his hands on.
4.9p was business done as MaxV signals and calling it over.


Best seems to do nothing (no buying, no selling) Let them throw the money at it to get it further down untill it looks cheap enough or like they ran outof playmoney. If it looks cheap enough then, don't hesitate and get 'their' shares. But buy only what you can hold or you play into their cards And don't worry, at this share price there is value. Just be careful.

Hang low for a while? They are buying the shares that drop of. Get some too but keep the chute for when they and/or the MMobtoys put in a final effort (stoplosses).

Nothing happens? News will take care of them soon enough, I hope, when they don't get the shares.

GL

P.S. Buyorders on the bid, or just below. You'll get them
Sell orders ABOVE the ask, if you need to sell. They'll take'm No need to let go of shares cheaply here.

[olieslim] 23/7/2014 12:51

People are letting their shares go way too cheap. Tsk,tsk,tsk.

Anyway, bottom not far 'again'. Doubt the share price will get there.

Buy when they do. Which is right about...

[olieslim] 22/7/2014 16:54

4.3750.625 (15.87%)
Bid / Ask 4.25 - 4.5
Open 3.75
Vwap
Prev close 3.75
Volume 4,463,110
Day range 3.6 - 5
52w range 3.40 - 7.50
as of 17:29:59

[olieslim] 22/7/2014 16:53

Step in the right direction

[the stigologist] 22/7/2014 14:57

Management/BoD useless the best option might be a takeover at almost no premium just to get rid of the incumbents

[p1nkfish] 22/7/2014 14:35

Pleased to see the interest. Might not be just speculation as there was talk of action July timeframe. I have no doubt it is worth more than the recent lows by a decent margin, over cash balance too, but management have been comatose.

Lets hope for some reality to the speculation.

[ohisay] 22/7/2014 13:56

Should at least trade at cash on this "news".

While GBP's plot is on the "wrong" side of TLW's Namibian prospects I thought the Eco deal with Tullow got surprisingly little coverage a few days ago.
(Tullow clearly lining up prospects with adjacent PCL there )

[olieslim] 22/7/2014 13:21

One of the more likely of many possibilities, re: the of the list post

Fact is this went down on the TRP half-a-duster of which the dust part only made the GBP blocks more valuable, imo. So it had to come back up sometime after the shorters had their fill.

News expected that should rejoin the share price with the value of the cash at the least. How much that is remains to be seen but defo more than where the share price came from this morning.

The last implies this is more a 'natural' rerate than a P&D.

Meanwhile volume approaching a level that suggest a news leak. Not there yet, but day ain't over.

Things are happening at this very moment at CHAR. Maybe some unhappy money came over and explains part of the volume. btw char raising for something and maybe locally interested to participate if things here will happen.

Let's hope it is the F/O to a Major.

GL

[apfindley] 22/7/2014 13:13

Organised Pump brigade just doing lots small trades to create impression of increased activity. Reel in the small mug punters to push the price higher. Pump brigade then exit, leaving mug punters holding expensive stock.Seen it many many times. When will mug punters learn not to chase everything..?

[the stigologist] 22/7/2014 12:40

speculation on other BB's

robaich
Posts: 140
Observation
Opinion: Weak Buy
Price: 3.75
View Thread (2)Deal done???Today 11:51From first energy capital website;



Global not there today, I've been checking daily for circa 6 months

Last time this happened it was with Desire Petroleum, 2 days later RNS, FOGL takeover.

Volume up since 11 t'day, e-mailed the Co' no answer yet.

Oht

[olieslim] 10/7/2014 21:08

too quiet

sp is good for buy

[p1nkfish] 02/7/2014 22:19

Granny could be Grandad if she had whatsits.

[olieslim] 02/7/2014 11:19

Could have Repsol farm-in and do the TRP deep together with GBP drill(s) in one campaign. The rig is apparantly still around...