GBP 0.00% 2.5¢ global petroleum limited

Ok here are some facts:25 million in cash deposits = 14 cents...

  1. 170 Posts.
    Ok here are some facts:

    25 million in cash deposits = 14 cents per share

    Earning 900k per annum interest (23 mill at 4%)

    GBP production from texas wells is 122 bopd. (not including the 5th well)

    AT a gross profit of $60 per barrel = $7,320 per day profit

    or $6,300,00 per annum

    Plussssssss the uganda play which exposure is only 2 million dollars, success will equal, well i wont even estimate.

    Seems to me that a even if they find water it should still be valued around 20cps

    I looks forward to the next quarterly cashflow and of course results in feb :) plus more wells in the states (up to 15)
 
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