GBP 0.00% 2.5¢ global petroleum limited

142' pay eagle ford, page-3

  1. 173 Posts.
    Hi Sailfish from memory cash at bank equiv. is about 17c,
    As for the selling i noticed the volume and move up came before the ann. Not enough watching to pick up speed plus market is vascillating. Perhaps trader unloaded again.

    It reached 29.5 before dry well in May. This eagle ford result may help to mitigate some of that dissappointment.
    (maybe selling is a hangover)
    So few watching this stock though that any momentum is going to be slow off the mark.

    With 5 wells producing,(100% success at leighton so far) another 10 or more to come on line , now plus E/F shale and another crack near the dry lti-1 Uganda(risk/pay reduced to 25%)
    This certainly merits a closer evaluation.

    cheers
 
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