Namibia Farm-in?, page-2

Mate don't get your hopes up. This is probably the biggest lifestyle stock on the ASX. It is now beyond a joke, but most investors are so buried they are all just hanging in there. The oil market has done the full cycle from boom to bust to getting back to the good times. What has GBP done....NOTHING.

For years they had a dot point in their quarterly along the lines 'we continue to engage with counterparties with attractive assets....we remain in strong cash position relative to peers..blah blah blah'

You no longer see that dot point because the world has passed them by, they did no deal and the cash continues to be spent and the share price continues to track the lack of activity and dwindling cash levels.