Baron Oil Share Discussion Threads

[nlmbidc] 19/8/2016 09:58

Interesting article on Rough. Shows percentages of all UK gas storage facilities as well as questioning when Rough will re-open. All points to IMSL being a much needed facility.

www.bloomberg.com/news/articles/2016-08-07/gas-is-having-a-rough-time-9-000-feet-under-britain-s-north-sea

[pembury] 19/8/2016 09:34

Market cap is probably at cash levels with escrow so assets valued at zero

[2admiral] 19/8/2016 09:09

Decent news, could be a new project on the cards also!!!.

[nlmbidc] 19/8/2016 08:57

www.proactiveinvestors.co.uk/companies/news/129500/infrastrata-settles-up-baron-oil-loan-with-cash-payment-129500.html

[nlmbidc] 19/8/2016 08:57

"[...]"

May need to take off the quotes...

[nlmbidc] 19/8/2016 08:56

I see that the INFA share price has perked up as well, so this repayment is not being regarded as a serious drain on its resources.

I also seem that the Rough gas storage facility off the Yorkshire coast remains closed. This was shutdown for maintenance in March and was initially scheduled for re-opening on 3rd August - which has been missed.

See below for some initial re-action to the RNS:

[...]

[pembury] 19/8/2016 08:17

Interested to know what countries appeal to the company now?, would guess Lat Am off the table!

This next move is so vital as this cash has to work



Are INFA talking to BP about a future sale at Island Magee?, would hope so!

[simon8] 19/8/2016 08:16

Positive at last...now let's see some action and the money used wisely...

[petecb1] 19/8/2016 08:08

Should've made a few quid on the exchange rates too.

[the guardian] 19/8/2016 07:19

Maybe we have found something else to buy into. I'm quite amazed that we still have the 15% option should IM find a developer. Good news.

[petecb1] 19/8/2016 07:14

Best news in a long time

[pembury] 19/8/2016 07:09

This looks like an excellent result. Loaned cash returned to Boil and still the option to take up the 15% in Island Magee in future at a fixed price. The cash is now freed up to hopefully be used in another project, ideally with revenue and upside!.

Balanced portfolio would be good, high risk covered in XXI/Z-34, could do with something low to medium.
Similar to the NBM license but in a easier country would be good!.

Looking to get the other $2m cash from UOG soon also (minus tax), should give them a good pot to expend asset base and cover operational costs which should now be very low.

From the presentation;
They are looking to free up cash £4.2m (sterling) which is a very healthy amount in this market should go a long way.

Now need XXI farmout, Union cash and new project secured asap.

[valentine] 18/8/2016 19:45

It is even worse on predicting future share price Kerapp

[valentine] 18/8/2016 18:29

Rudolph said he would pipe the gas to Piura where the growing city would take all the could produce. Old offshore would be a bonus but a deep trench. I'd it were his choice he's sell it off. He certainly would not have taken the licence there given the cost of accessing. So gas it what it's about now.

[the guardian] 18/8/2016 18:22

£35 per bottle at Piura B&Q.

[valentine] 18/8/2016 17:37

Great but what is the gas price in local city of Piura?

[nlmbidc] 18/8/2016 17:33

Nice to see 50 dollar oil again after several weeks in the doldrums.

[the guardian] 18/8/2016 15:23

Thanks AZ209. You've confirmed that it should still work so all I have to do now is find something on my laptop that is ADVFN specific.

[sunnyboy25] 18/8/2016 15:23

A "funny" example:

Imagine a random stock XYZXYZXYZ1234 with 0.5p average SP, day one quote: 0.45p / 0.55p

Next day you check and stock is reportedly UP 20% (0.6p average SP), you look at the spread it's 0.4p / 0.8p

Who is making money in this example? A random investor (selling by bid after proudly aquiring stock at 0.55p following some positive RNS) or someone else sitting on the ask? LOL

[sunnyboy25] 18/8/2016 15:12

I am just curious what's stopping one from dropping BID (price SOMEONE buys from YOU) to any number between 0 & current bid on a whim?

LOL

[sunnyboy25] 18/8/2016 14:55

HAHAHA....you just can't make this stuff up!

I understand no one offered more than 0.35p to buy 7,262 shares after 400k at 0.46p and 500k & 100k at 0.5p?

No takers at 0.45 0.44 0.43 0.42 0.41 .40 0.39 0.38 0.37. 0.36 ???

Make some monies in AIM?

LOOOOL

[az209] 18/8/2016 14:00

While nothing is happening, I have an off topic question.

I have Windows 10 and although I can cut and paste everywhere else, I cannot cut and paste on the advfn site. Other websites, email and documents all work ok.

Any answers?



Works for me, copied your text and added the picture. Windows 10