Baron Oil Share Discussion Threads

[nlmbidc] 09/11/2016 20:06

I don't want to spoil everyone's enthusiasm for the Mosman deal as an example, but it would require a much bigger deal to get the BOIL share moving at the same levels.

We have 6 times as many shares in issue.

Like everyone else I would love to see a deal for BOIL in SE Asia, but it will take a much bigger deal than the Mosman one to get the share price moving as much.
It easy to say any deal will do to start, but you can only spend the money once. So the first deal ideally needs to be a good one.

[pembury] 09/11/2016 16:09

The Mosman deal is the type of deal that Boil should go for imo

existing production, low b/e onshore, high equity stake 80%, booked reserves, exploration upside, existing wells to tap into, politically stable country, little red tape (unlike Peru!), etc etc

[valentine] 09/11/2016 15:53

If mosman can motor in a.moment then there is hope here. Should've doubled at 0.034p can't think why not for the life of me.

[valentine] 09/11/2016 13:49

Mosman. Same thing occurs to me. Where did the Mexican field go with Rudolph? Life's a beach with the tide receding leaving up to elbows on the mudflats. So many oil/energy co's in trouble with poo and we must have so many opps. Arrgh. where did 12 years go.

[simon8] 09/11/2016 13:44

Exactly Pem, I looked at that with absolute frustration, Mosman was on my watch list but never invested as it was so badly run and its deals / assets so flaky... that being said if their BoD can turn out a deal like this you have to ask is ours asleep on the job getting fat on good wages for no work... wander what the wandering nephew is up to, pen poised over a cracking deal perchance?

[pembury] 09/11/2016 11:38

FAO; BARON OIL BOD


LOOK AT THE DEAL MOSMAN OIL (MSMN) HAVE JUST DONE FOR $975K!!!

BOIL HAVE THAT CASH AVAILABLE AND MORE TO REINVEST

SOMETHING LIKE THIS OIL PRODUCING ASSET WOULD BE GOOD FOR BOIL

MSMN SHARE PRICE UP OVER 300% THIS AM

OBVIOUSLY SOME GOOD DEALS TO BE HAD OUT THERE ACROSS THE GLOBE!


CASHED UP AND NO DEBT WHICH IS A RARETY THESE DAYS

[simon8] 08/11/2016 08:25

some buying too...... come on bod, you know you want to show faith in the company and buy a load of shares!

Mrs Parvizi must be as sick as a parrot right now looking at her portfolio!

[pembury] 08/11/2016 07:44

some news somewhere wouldn't go a miss!

[nlmbidc] 04/11/2016 12:48

change hxxp to htt etc

[pembury] 04/11/2016 08:34

Yep patience being tested

[simon8] 04/11/2016 08:34

the sceptical answer would be because there is no expectation of success given history and whilst there is cash left in the kitty this is a cash cow for good salaries until they have to close up shop.....

sorry if I sound so negative but after more than a decade of optimism and hope someone at this company will do something / anything right with the results being one disaster after another that optimism is now fading fast; I stayed so long on the promise of Z34, and I think we have all come to the same conclusion now re the potential for that ever being drilled before we are out to pasture on our zimmerframes!

[chinadog3] 04/11/2016 08:29

Waiting, hoping, frustrating, and dropping : words so familiar re Boil. Has Superman arrived in the form of a nephew?

What are the Directors achieving here?

[nlmbidc] 03/11/2016 21:35

One question.
Why would MB come out of retirement to run this company?

Answer. Because he can turn this company around...

hopefully not long now before the first step forward....

[nlmbidc] 03/11/2016 21:31

Love your optimism simon8.

[simon8] 03/11/2016 15:33

The cash they have is evaporating and with no revenue we are in a mess.... will we end up mid next year with no farm in partner and not enough cash left to drill XX1 on our own - result license handed back and fined for not fulfilling exploration phase commitment? I am not holding my breathe on any cash coming from UOG in the foreseeable or the wandering nephew handing us a life line...

In above scenario could they even get a placing away?

If we are going down perhaps best to do it all guns blazing?!....

[pembury] 03/11/2016 15:11

Too risky to drill xxi at 100% imo simon8, surprised they haven't secured a deal in all this time post seismics

The cash they have needs to work on another venture imo

[pembury] 03/11/2016 13:33

wheres the farmout deal for xxi after spending millons on seismic and the prospect received positive evaluation from Nutech Energy?

this is a very cheap drill in a proven petroleum system

[valentine] 03/11/2016 13:22

Spread increased but still a few around nearer 0.040p. great opportunity? But not for me.

[simon8] 03/11/2016 12:27

can't see anything being sold of volume on LSE site - around 600K gone through unless big sell still be worked through? Or is just the market reflecting Boil is gasping its last few breathes whilst desperately clutching at straws... come on the well paid wandering nephew, where's the deal of the century.... come on, you can't do a deal sat in your Raffles hotel room drinking champers!

More doom for us shareholders..............

[valentine] 03/11/2016 11:00

0.040p offer or less? ooooh..Noo!