Share Name Share Symbol Market Type Share ISIN Share Description
Gold Oil LSE:GOO London Ordinary Share GB00B01QGH57 ORD 0.025P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 1.45 0.00 0.00 0.00 0.00 - 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 2.8 -9.5 -1.1 - 17

Gold Oil Share Discussion Threads

Showing 31626 to 31642 of 32575 messages
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DateSubjectAuthorDiscuss
02/5/2013
09:33
Unbelievable - not a single trade today !!
pennstreet
02/5/2013
09:32
joetricky. You say 'IF' it involves seismic and drills. That is a given for the last three remaining phases. I think a fair carry for both sides would be to shoot a further 700sqkm of 3D + drill two wells.
pembury
02/5/2013
09:24
Patience required, a few months back we had nothing, with the prospects of going bust.
mikestamp
02/5/2013
09:18
Pem, I agree with what you say. I'm trying to understand why we have a damp squid here. I am very pro RB and I believe that this company will make me a richer man than I am now. One day. The fact that we were trading higher on the rumour would suggest that people were expecting more. I think it's a great deal but to be honest I was hoping for more cash and perhaps a return of previous costs. When we produce a time scale of future works on Z34 then people will realise that this is for real. Regardless of whether or not we like it or approve of it people these days are short term investors or traders and they won't be interested until we are close to a spud. As for value of drills etc there would appear to be too many get out clauses in the scenario that TG has managed to glean. Too many if's and buts. I'm not knocking it I'm only trying to find an explanation on why we aren't around the 10p mark just now which is where I think we should be on the back of that deal IF it involves siesmic and drills with time frames that the works will be completed. Think about it. When we announce that further seismic will be completed by Q? and that the first drill will commence Q? that will be a lot more exciting than what we currently have. The only question that traders/investors should ask themselves right now is at what price do they want in. Todays prices are a real steal but it won't be at these prices as soon as the current deal is put into plain English in black and white with dates.
joetricky
02/5/2013
09:11
If Karoon drill this year and find oil nr to GOO i think UOG may have some options which in turn could really benefit GOO. If this happens perhaps UOG would get the required interest to farmout for three wells and still retain a decent carried interest as the block already has 3D drill ready targets. ? I think the months ahead are key offshore with what is going on around Goo's block.
pembury
02/5/2013
09:08
Yes but if GOO are paying off the chinese, then they are back to square one, any income from Z34 will be years away. Do they need to raise more money ?? We don't know, and potential investors don't know, so they are not going to 'pile in' when there are so many 'don't know's'. A road show might help, or a clear RNS.
mikestamp
02/5/2013
09:08
Companies aren't allowed to speculate in an RNS which is why we ended up with what we did. RB said that he set out the RNS with more clarity but by the time it had passed through the company lawyers and the Nomad, it was reduced to what we saw. The upfront payment is indeed the part of the deal that would have drawn attention. However, that is the part that we retain no matter what and so it is small but $4m of it is immediate. We don't have to wait for 18 months to receive it. A great opportunity for growth was missed on Tuesday and we can only hope that as the terms of the deal become clearer, people like what they see. I would have liked to have seen another RNS spelling everything out as RB agreed was correct but it would still have to go through the same process and so probably wouldn't be much different than the first. I think that he may take the opportunity to include something with the Annual Results but that is just a guess. The market looks to be dead already, not just GOO but most companies. Let's hope that Rudolph had a purchase in mind and that we will get to know about it soon. We need a farmin to something that is already producing. Exploration counts for sweet fa nowadays. Joe, I can't see a drill by the end of the year because Union aren't going to do any work until the contract is agreed by the Peruvian Government. We can only hope that it doesn't take 18 months like VALE.
the guardian
02/5/2013
08:47
The deal has a monetary value and that value is zero according to the market as the shares were trading higher last month without the cash and carry farmout.
pembury
02/5/2013
08:13
The way that I see it is that the cash part of the deal is disappointing. Doesn't matter how you look at it guys, we all expected a lot more didn't we? All of us long termers will continue to hold until this companies potential is realised. Two things I want to see. 1. A copy of the contract. TG thanks very much for your informative post but I'd like to see the exact details on a legal document. Signed. 2. Time frame. How aggressive do UOG intend to be. Drill at the end of the year or put it on a back burner until they can farm out part of their 80% ? I feel that the time scale to further development is the white elephant in the room here and of course further improvements in our other assets will help but let's face it, Z34 was always considered the 'jewel in the crown' and the 'company maker'.
joetricky
02/5/2013
08:01
The cash paymeent looks small against the 80% transferred. I suspect that that is an obstacle to the kind of rise many expected. Also when Goo came back from suspension lots of shares were injected at 0.75p.so that they have risen quite substantially.
chinadog3
02/5/2013
07:15
Looks like the long awaited deal has gone unnoticed?
2admiral
02/5/2013
07:13
Cantor fitz seem to have a good name, so a decent broker note wouldn't be unappreciated.
cockney sparrow
02/5/2013
07:07
Remember this from last year when the share price hit 8p on speculation of a farmout deal, here we are now one year on with a deal and the share price is sub 2p. Faraday Broker note. "Gold Oil is a oil sector minnow with a whale size deposit, with near term catlayst we feel the shares could move much higher- very quickly". Also they now have 100% of NBM.
pembury
02/5/2013
06:54
Yes Oildon, we could definitely do with a few revised broker recommendations and targets, starting with our in house broker.
the guardian
02/5/2013
06:43
Haha good film! Anyways back to topic i would like to see a new broker note here find out an analyst interpretation on our deal
oildon11
02/5/2013
06:08
ADVFN after dark is like that film I'm legend. :)
cockney sparrow
01/5/2013
21:24
Helloooooooooooooooo Coch a bit upset are we! LOL!
cockney sparrow
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