Gold Oil Share Discussion Threads

[the guardian] 30/4/2013 10:27

No reply from Rudolph yet.

Has anyone managed to locate the presentation showing the Z34 work phases?

[flyingbull] 30/4/2013 10:25

The May oil stock challenge is still on...deadline for entries is midnight tonight...

Good luck!!
fb

[charlie81] 30/4/2013 10:22

now hovering around yesterdays closing price, you could not make this up. 81.

[cockney sparrow] 30/4/2013 10:14

I see an AT trade for 1 share.

The name change is neccessary, I like the sound of Stratosphere Hydrocarbons.

[valentine] 30/4/2013 10:11

The old saucer pennant is forming. They just do not understand GOO are a new entity.
They have such a sour rep in the City and in SA. RB said they neede a name change to get respect in Latin America due to the prevarications, and deviousness, of previous board.
I am up for it although Blitzen would not be the name of choice.
I can see another EGM in the offing. RB has the required shares % now, I believe, to swing it, do what he chooses.

[cockney sparrow] 30/4/2013 10:09

Yes Joe me too!

[joetricky] 30/4/2013 10:07

CS I'm not disappointed with the deal I'm just absolutely flabbergasted at the market reaction. I'm considering that the market still senses the bad smell that lingers. I for one am hoping to see a holdings RNS that says a certain major investor has left the building.

[pembury] 30/4/2013 09:53

Gold Oil's Peru net Peru carry is worth more than the whole company.

[pennstreet] 30/4/2013 09:51

I think they're sniffing for stock - can't buy more than 200k online ?

[chitty] 30/4/2013 09:48

Very very disappointed with the share price, what do we have to do to put this company on the Map.

Or are we in or another long wait and seven years!

[cockney sparrow] 30/4/2013 09:47

Takes time Joe. I had RKH at 80p and they issued an RNS stating that they had oil.

The share price fell to 40p but after the reality was absorbed climbed to 550p.

ATM you will have potential investors thinking that they can get GOO cheaper and maybe some will, the ones that don't press the buy button might regret not buying if the share price shoots up to 5p. Human nature IMO.

To me when I look at other oilers at the same level of maturity as GOO

BPC
RRL
LGO
SOU
MXP


my instincts tell me that GOO is a stonking winner.

[joetricky] 30/4/2013 09:43

WTF...... a deal like this has just thrown this company into one of the safest small oilies (if there is such a thing) and the market has reacted like this ??? I don't think that I will ever understand AIM. Last year we hit 8p on the mere rumour of this deal.
Don't get me wrong, I'm pleased with this deal I think it's great but what the hell is the market playing at ????

[pembury] 30/4/2013 09:38

If you take XXI into account that means Gold Oil are now fully carried for seismic and drilling on both blocks for 5 wells in Peru.

Add to that they are producing over 500bopd in Colombia.

Gold Oil are better placed now than last year perhaps?

[nlmbidc] 30/4/2013 09:22

The three phases were outlined in some of the powerpoint presentations which are on the gold oil website.


Www.goldoilplc.com

I don't have time to look them up right now, but if anyone has time it is worth the read.

Their are several either or options to meet the terms of each phase of the license.

[purchmeisner] 30/4/2013 09:18

Delayed £20K buy just gone through

[ein] 30/4/2013 09:14

More news to follow ? I expect when analysts examine this deal there will be some good reports on it.

[cockney sparrow] 30/4/2013 09:12

Since RB took over the jigsaw is coming together

Current production 500 BOPD Nancy Burdine.
Z34 tied up.
Vale Deal.
Next Rosa Blanca.

[boomorbust2] 30/4/2013 09:10

90 min. Where is he flying from and to? Somewhere in SA?

[silver sox] 30/4/2013 09:09

Looking at the website of UCG Investments the board by enlarge appear to be young, sharp and well educated. That hopefully will equate to a hungry and ambitious, who will move this on at a quicker pace than we might have expected. This deal may be the tipping point for GOO. Happy to hold and looking forward to the next 18 months or so.

[the guardian] 30/4/2013 08:55

Well i've got 90 minutes, so off to the gym

[ghostdragon] 30/4/2013 08:55

I think the market needs a clearer look on the overall look of the company accounts and everything else, in my view people are still being cautious off goo due to the past let downs

[cockney sparrow] 30/4/2013 08:52

Cool, thanks TG.

[the guardian] 30/4/2013 08:50

I have asked Rudolph for a definitive explanation of 'three phases.' He has just replied that he is on the way to the airport and will reply in about 90 minutes.

[boomorbust2] 30/4/2013 08:48

TG. Exactly. When you do the maths the current share price is ridiculous. We need a clearer understanding of the value of this deal.