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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
  +0.00p +0.00% 1.45p 0.00p 0.00p - - - 0 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 2.8 -9.5 -1.1 - 17.00

Gold Oil Share Discussion Threads

Showing 32076 to 32099 of 32575 messages
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DateSubjectAuthorDiscuss
08/6/2013
16:26
I'm seriously dreaming of 1000 bopd from NBM by years end. This is where the action is right now.
gattaca
08/6/2013
15:57
Probably an option as Guardian says for the future as all other companies have it in for the agm, doesn't mean they will ever use it but a sensible option if something mouth watering comes up down the line?. Can't see any need for it at the moment, Director also invested a further 37k/ 2m shares at 1.85p not far back. Besides the share price is terrible when you think what they have accomplished this year. Should be 3-5p at the moment so they wouldn't support it anyway. They have cash from the farmout to come in and production monies to play with, hopefully a big boost on production next week gattaca?.
2admiral
08/6/2013
14:24
Surely we don't want anymore dilution we don't need it 1.2bln shares is more than enough
oildon11
08/6/2013
11:27
You're right 2AD, 350bopd is stated as current Nancy average. If we can get both Burdine wells optimised, the total output could look very healthy.
gattaca
08/6/2013
11:12
Nice find gattaca; If you read the new Gold Oil homepage that includes the 100% deal for NB it says they have been doing workovers and testing the three Burdine wells which is now complete so hope you are right, that would be nice!. hxxp://www.goldoilplc.com
2admiral
08/6/2013
09:38
The good news is that Nancy's figures (Jan-March) are now averaging 360bopd, about 100bopd of an increase iver last year's averages. The bad news is the Burdine wells appear to have been shut down over this same period. I'm thinking a workover to increase the Burdine flowrates. Also April, May figures could be even better. Berends may be waiting to give us the best possible update from Colombia. hxxp://www.minminas.gov.co/minminas/downloads/UserFiles/File/hidrocarburos/estadisticas/Produccion/a%20marzo%20de%202013/Produccion%20de%20Petroleo%20por%20Campo%20%40%2031-Mar-2013.pdf
gattaca
08/6/2013
09:36
Amerisur directors may have sold a few on the basis of taking up the same shares in options priced about 7p. Nice money. 40p x 3m difference! Who took the shaes up on a brokered deal is the main question? A new fund/Inst is the suggestion! So no real change. Amerisur are now capable of producing 10000brls a day. That equates to over £300m a year! Transport via barge/pipeline into Ecuador for onward delivery is next stage. Last year they had £40 profit. I await a further update on the transportation issue. GOO may have more in NB but Peru/Z34 and XX1 is what will compare to what Amerisur already have. I await statement next week and AGM. It is a long way until GOO are in a similar position to Amerisur who have drilled ten wells, every one a winner, and will drill a further ten this year, everyone a winner!
valentine
08/6/2013
09:04
Director's at Amer sold a load of shares TG as last RNS confirms (and who can blame them with those returns!). I think with Amerisur now being a 500m mcap company expectations are much higher understandably.
pembury
08/6/2013
08:37
It's AIM. Look at Amer, they announced a new well flowing at 1850bopd and that they had upped production to the refinery by about 1700bopd and what happened to the sp?---- sweet FA.
the guardian
08/6/2013
08:33
Given what the new BOD have achieved since January we all know the share price is extremely poor. Gold Oil were trading over 2p when they had 48% of production at NBM, no deal on Z-34, debt and no cash. A few months on they now have 100% of NBM production, a major deal on Z-34, cleaned up the debt, have cash up front with more to come and increased oil production revenue by over 72%. So how can they be valued lower after such significant and tangible news flow?
pembury
08/6/2013
08:01
To put the pre-emptive resolution ino perspective, every company I have been involved with has incuded this resolution at their AGM every year. It isn't to say that they will use it, more of a flexibility issue should an unforseen opportunity arise. Let there be no misinterpretation of my off the cuff remark, my comment was that a placement at circa 1.6p would be very diluting, not that it was going to happen. You can all stop panicking now and enjoy the weekend.
the guardian
08/6/2013
07:16
Another Agenda, I hope not.
chitty
07/6/2013
23:16
The pre-emption rights was on the egm agenda last year for a very good reason. There is clearly a plan to raise funds for something. I have no idea what it is, but if it is used to buy in to another well then it could prove to have a neutral impact on the sp, where the benefit out weighs the cost. The main point is that we mustn't have half price shares to a select few like the last shambles! Nlmbidc
nlmbidc
07/6/2013
22:36
That is the last thing the company need graham after the misery of getting through the last situation which was a lot of stress for everyone. Also doubt that when the CEO bought 2m at 1.85p a few months back. The company have issued good news on a number of fronts since January which has made no difference to an already poor share price. Considering what they have achieved with Z34 and Nancy Burdine that is surprising. Don't most companies have this in place at AGM's anyway?. Most companies I hold always have a vote on this just to have this option available to them if required in future. I thought they have a deal with the Chinese sorted way back?. Agree with An1mal and see what they say first.
2admiral
07/6/2013
22:32
It would only be greatly beneficial if we (they) needed to raise a chunk of money for a new project and the share price was much higher than it is today...one can hope. I'm reserving judgement until the financials and forward looking statements come out.
an1mal
07/6/2013
21:00
Or pay off the chinese
an1mal
07/6/2013
20:37
They just signed a farmout deal that included $6m in cash with $4m up front. They also have revenue from NBM at over 500bopd which is about $10m per year net to Gold Oil cash flow. I would like to see those minor technical details resolved asap on the producing wells at NBM that they have said could improve productivity especially on Nancy. This could take production to nearly 700bopd which would give c.$14m cash per annum on what you would think is limited outlay for a very good potential return. RB has reduced G & A by 65% and cut the BOD so with the farmout cash to come in, production cash flow increased by over 70% since taking 100% in NBM you would think the cash position is going up nicely. With the Peru assets both farmed out for seismic and drill carries they now have no cash obligations anywhere else in Peru or Colombia with the current asset base. Perhaps with NBM revenue in a strong position now they could use the $6m cash from the farmout deal to acquire another interest?.
pembury
07/6/2013
17:55
TG Agree it would be dire for us shareholders. In effect he company would be owned by the few major shareholders, buying the shares at any price they like. I would prefer the 3.7P buyout to that. Hopefully we will not be robbed like this after all the stress we have been through.
grahambr
07/6/2013
17:42
I wouldn't like to see a placement at this sort of level. It would be wholesale dilution.
the guardian
07/6/2013
16:16
Cheers Animal. Guess mine should be on it's way then.
joetricky
07/6/2013
11:24
Joe - no, it's the paper copy. Looks like they're also asking us to disapply our pre-emption rights again too.
an1mal
07/6/2013
11:06
Animal, are you reading the proposals from the website ? If so can you direct me to them as I'm being a bit of a blind biff and can't find it. Pem, I'd love to go to the AGM but I'm back to work on Sunday for 6 weeks so I'll miss it.
joetricky
07/6/2013
09:24
RB will be doing a presentation at the AGM if anyones interested. I think he has a lot to talk about so could be interesting with Z-34 and NBM deals, XXI situation and plans to expand (as the last rns suggests).
pembury
07/6/2013
09:22
Anyone have any views on the AGM proposals? Name change is back in there again.
an1mal
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