GBP global petroleum limited

upturn for falkland oil and gas

  1. 19,552 Posts.
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    If the directors of GBP can resist selling more shares to pay for caviar and champagne, the GBP share price should reflect the underlying value of it's 13% FOGL stake as it rises on the back of $110 oil, and FOGL's unrisked targets of sixty billion barrels of oil over 100 prospects.

    Currently GBP have 7.9 in cash, and FOGL shares worth approx 31.

    With a GBP market cap of 26, the assets are 146% of market cap.

    http://www.advfn.com/quote_Falkland-O-G_LSE_FOGL.html


 
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Currently unlisted public company.

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