Borders & Southern Petro... Share Discussion Threads

[mr hangman] 05/10/2015 11:56

lol more chance of winning the lottery

[gunsofmarscapone] 05/10/2015 11:55

I agree with that idea to a large extent, I do not think however, that there is enough stock in free float to contain the share price at these delusional levels. Howard and the bod operate the company with a very high level of probity, it is conceivable that a farm could occur with little evidence of an upward share price trend emerging, then a humungous gap up will happen.

Well, thats what I am speculating on. Good luck with whatever decisions you make, are you in Bor btw?

Kr GoM

[wordog] 05/10/2015 11:50

The terms of the farm out will dictate how high it goes (Argos vs FOGL for example). The point i'm making is that trends and charts are next to useless with this stock.

[gunsofmarscapone] 05/10/2015 11:43

wordog

6.2p? On farmout? You must be smoking a pancake! Go and review the well deliverability profile for Darwin, its a petro-geologist's dream.

[wordog] 05/10/2015 11:32

Farm out news is the only thing that will get this to 6.2p.

[gunsofmarscapone] 05/10/2015 10:42

Agree with that Rtw, the free float could be diminishing rapidly. Then; Booooooooom! Happened to Tcg during the recovery, what a wave ride that was!

[ride the wave] 05/10/2015 09:57

Bor on the move - 3.4p bid , Mr market wants them . Breakout once close above 3.5p and then my short term target is around 6.2p (right side of head) imho dyor .

Buy before breakout

[ride the wave] 01/10/2015 12:34

Looks like all the de rampers have bought in .

Quality

[ride the wave] 01/10/2015 12:31

Fao CYAN

Darwin is commercial at the current price of oil .

Ta 😝😝😝😝8541;😝ԅ41;😝😝;😝😝😝😝
28541;😝

[chinahere] 01/10/2015 08:20

Yes, because their market caps are low compared to FOGL and RKH I prefer ARG and BOR too. What I like about ARG is the removal of all future exploration and production costs in the 5% royalty deal. I reckon a similar (say 10%?) deal for BOR would be ideal. The only problem there is that NBL already own a lot of the South through their deals with FOGL.

Having said that, NBL and Edison do have the financial resources to make future deals and become dominant throughout the FI licenses.

[gunsofmarscapone] 30/9/2015 23:25

Fwiw I think the best puntvestment in the FI as a pure risk/reward potential multi-bag is BOR (farm in opp, tremendous geology and well deliverability at Darwin) and ARG (Rhea success leading to forward P/E speculation due cascade of derisked prospects explored and developed by Noble/Edf)

Rkh is fair value for a long term hold, Fogl a good medium term hold.

All depends on individual perception of risk I guess but the priority factor here is the uber lenient fiscal regime which has already attracted three international OC's.

[christy27] 30/9/2015 13:51

You just gotta give our Board credit....level headed, knowledgeable, Patient.......and what pleases me......typical of people sure of their ground, with a lot of their own money in the pot.......... they keep it honest and straightforward.

[flyingbull] 29/9/2015 23:50

The October oil stock challenge is now on….deadline for entries is midnight this Wednesday...



Good luck!!!

fb

[barvin] 28/9/2015 22:11

Good to see they are keeping a lid on costs, I assume mainly going on paying the two fat cats.

Despite what Obee said in his AGM speech, the result of Humpback is huge. Will either sink or propel this stock.

Rumours of Humpback well results tomorrow, not long to wait either way.

[ride the wave] 28/9/2015 07:41

I can't see Howard doing a deal like that , he knows what Darwin is worth and that's why he is holding out for the right deal . Bor have enough money to ride this downturn out so its a waiting game still .

360mb is commercial at the current oil price so he won't give it away . Argos had nothing and Bors acreage is Looking very very tasty with huge potential . I'm more than happy to keep holding for as long as it takes . This is what investing is all about .

If Fogl bring out good news then watch bor rocket !

GLA long termers 👍🏼

[ammons] 28/9/2015 07:30

They have to say all that though, don't they. Who would show any interest if they said anything else? I guess that they will, eventually, get some sort of deal similar to Argos, perhaps slightly better terms because they have discovered hydrocarbons whereas Argos have jack.

[ride the wave] 28/9/2015 07:20

From today's RNS :-

1) we believe that the discovery would be commercial at CURRENT OIL PRICES .

2) from a technical perspective, the prospectivity for our acreage continues to look EXTREAMLY STRONG .

[ride the wave] 26/9/2015 10:03

Got a funny feeling we are going to break-out next week , and it should be a big one . There is also a reversal head and shoulder pattern in play , we are currently on the right side of the head dyor .

Buyers are slowly returning and more and more people will join the party as the price rises . When you compare bor mkt cap with fogl and rkh you can see that we are way way undervalued .
The market will soon wake up to this especially if Humpback has black gold . Bor is following fogl share price action and that's plain too see .

It's a BUY imho before the herd arrive - good luck all

Fogl mkt cap £133m
Rkh mkt cap £118m
Bor mkt cap £16m .

Make your own minds up !!!

[christy27] 25/9/2015 15:06

Brian; in my view it is a little "all or nothing" in the FI's because of its remoteness and conditions. a substantial overall infrastructure with lots of activity reduces the costs.......as a simple example if you are flying one crew for one rig down and back compared to multiple activity, modern logistics works well, when you add the economy of mass production (Multiple wells) the cost savings can be enormous, support ships, rescue capabilty, military protection, equipment movements, supplies....the list goes on and on.

The more activity and the more discoveries will accelerate the overall activity (just like the North Sea)and BOR are well placed because at this moment the Directors and the investors own all of it.......no dilution from other holdings.

So I remain optimistic, it is a punt, but with huge potential.

[ride the wave] 25/9/2015 10:31

I will wait for as long as it takes ...no problem !!!

365mb is just the start .

[brian boru] 25/9/2015 09:38

please explain why it augers well for bor, tia

[christy27] 25/9/2015 09:11

FOGL's update 10mil and carry, auger well for BOR.......only a matter of time boys.

[ride the wave] 22/9/2015 21:37

Need to break through 3.5p and close above it . We have tried twice so hopefully the third time we should do it , especially if there's volume to back it up .

Looking good imo

[ride the wave] 22/9/2015 08:40

Multi well drilling campaign is the name of the game . When this happens ...just watch the share price goto double figures ! . It's been a long wait , let's hope it happens sooner rather than later .

ATB

We keep on ticking up 👍🏼