more imporrtant to me is that the HC fan club (see GDN) are not all over this one as yet. Once it gets out that there is oil shows early next week and they see the upside here.
FACTS ARE:
Current management has been with GBP since the beginning and the company is potentially on the verge of realising its 'blue sky' story
Sufficient funding is in place to continue with intended drilling programs - $30m cash in the bank and other operations in future.
Executive directors, Peter Blakey and Peter Taylor own approximately 61% of shareholdings
Tullow Oil, an AIM-listed major European gas player, has tenements adjacent to GBP’s interest in Uganda. The area has been known to host large oil and gas reservoirs and of the 22 wells drilled by Tullow, over 600m barrels of oil equivalent resources have been discovered and there are suggestions the area could host over 1bn barrels of oil equivalent.
more imporrtant to me is that the HC fan club (see GDN) are not...
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