trading halt, page-73

All these panic merchants and doomsdayers....lol...

10c? Its only briefly touched 10c once about a year ago in the last 5 years. This will undoubtedly drop as all the posters here go for the exit door at the same time. Maybe 13 or 14c and then probably some sort of recovery. Personally I dont expect a close lower than around 15c.

But let's not forget, this was just one well. The company's expenditure is relatively low, they receive some income from other oil wells and a decent interest income which at least pays for admin costs and they have $23mill in the kitty.

At 10c, GBP would have a marketcap of $17mill. This just doesn't happen except in times of panic. I just can't see this one duster creating that sort of panic.

Mostother junior explorers would envy the bank account balance that GBP has at the moment. Just have to keep using it wisely.