Gold Oil Share Discussion Threads

[pembury] 30/4/2013 08:47

nlm seismic + three wells even better, although three doesn't go into four

[valentine] 30/4/2013 08:46

These RNS' take a day or two to sink in. No one rushes in anymore until the significance and 'risk-factors' have been examined in minute detail. Then when they understand what we've got they will start hoovering.

[nlmbidc] 30/4/2013 08:44

Pembury

Its not. Its the next three phases of the license which includes three wells and the 3D.

Nlmbidc

[the guardian] 30/4/2013 08:44

GOO has a market cap of £24.5m........say $36m

We have just done a deal worth somewhere between $160m and $235m and the share price remains virtually unchanged.

We currently have approx 1.25m sells v 3.8m buys, which suggests that there is a very big sell going on in the background or that the MMs are manipulating the price.

[theshareguru] 30/4/2013 08:43

there is more to this than the announcement, rudolph is no fool, and with
further acreage up for grabs i can see further updates.

[pembury] 30/4/2013 08:41

nlm- + Its a 2-3 well carry mate

[nlmbidc] 30/4/2013 08:39

Z34 has lots more prospective wells and the next three phases will cover the 3D costs of these.

Z34 is much more than was in the degolyer mcnaughton report.

Nlmbidc

[valentine] 30/4/2013 08:36

Poss when the US markets open, Penn?
'The Americans understand oil' as the man said.

[pennstreet] 30/4/2013 08:35

I suppose we'll see some real action in the afternoon ?

[pembury] 30/4/2013 08:29

three wells is an excellent carry worth $200m+!

[monis] 30/4/2013 08:27

looks like we are starting to tick up again.

[ja5tirling] 30/4/2013 08:24

This company has come a long way since December. RB done a excellent job and although this deal was not what I was expecting it really is a fantastic deal! Agree with valentine and nlm! Going to be some exciting times ahead. GLA

20% of 2billion for a company of this size!

[12bn] 30/4/2013 08:23

A drift back to 1.9p short term I suspect.The 'hot money' will move on.

[monis] 30/4/2013 08:21

good news today.

[5310carraroe] 30/4/2013 08:20

5310Carraroe
29 Apr'13 - 07:28 - 737 of 749 edit


Look fwd to today



The Guardian
29 Apr'13 - 07:35 - 738 of 749


Why is that 5310?
,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

TG

Because I understood the RNS was going to be released at 4.30pm yesterday.

Anyway it is good news overall.

[chitty] 30/4/2013 08:20

I am with you Pem

[pembury] 30/4/2013 08:19

It was 2.1p the other week without this news. So basically the market sees a $150m+ deal worth nothing.

[nlmbidc] 30/4/2013 08:19

You are right valentine

[boomorbust2] 30/4/2013 08:19

Surely we should be 20p by now. This deal is worth about 10 times our current market cap. That doesn't include any oil we might find.

[12bn] 30/4/2013 08:17

A lot of 'sell the news' merchants here and back down she goes.Who can blame them as there is no good news left to come out of GOO for several months.

[valentine] 30/4/2013 08:17

There is heavy trading but they are unsure which direction they want it to go.
WE, and they,need the analysts to look into this near dormant little oilie first and understand what they have achieved before it really takes off!

[nlmbidc] 30/4/2013 08:16

The way to look at this deal is in reverse.

If we had gained 20 percent of such an asset at no cost we would be over the moon.

And over the moon is where i am.

Gla nlmbidc

[pembury] 30/4/2013 08:15

2p i give up!

[cockney sparrow] 30/4/2013 08:13

Hey thank you. Sorry again.