Borders & Southern Petro... Share Discussion Threads

[cyan] 25/9/2018 10:55

Good points adg but we just have to look at FI history.
BOR needs a really big oil company with an awful lot of capital and no exposure to political risk in South America. Not too many of them about.

Also one has to consider RKH, PMO and the SEALION field in the shallower (cheaper) waters of the NFB. PMO have been looking for years for another partner to farm in, without success. They are having to go it alone now and it looks odds on it will proceed, imo.
I think if anyone was interested in investing in FI , imo, they would look more favourably at SEALION . The fact no-one has , does not bode well for BOR.

Maybe if POO returns to $100 it will happen; BOR missed the boat last time it was.

[barvin] 25/9/2018 08:42

"Be patient just a little longer." Translates to he just wants to milk another couple of years salary from this.He must be getting desperate if he has actually replying to emails from investors. That's a first.I'm afraid no-one is going to take this on, the huge cost, complexity of location and political risk is just to great imo.

[gus 3000] 25/9/2018 08:29

Good half year report,underlines what Howard emailed me about and that is the farmout is ongoing and reading between lines when he said "be patient just a little longer" and Darwin is creating "significant interest"/farm out is imminent.

The RNS was interesting when it said that the data room will be open and will continue to be "for a while yet"

Message to the market? Hurry up time i believe.

This stock is a crazy buy for me.

[steve73] 25/9/2018 07:34

RNS - h1 report..

Summary
-- Farm-out process is actively on-going
-- Cash balance at 30 June 2018: $6.8 million (30 June 2017 - $8.6 million); no debt.

-- Substantial increase in estimated resource from independent evaluation announced in February with un-risked Best Estimate total recoverable liquids (condensate and LPG) for Darwin East and West of 462 MMbbl. The geological chance of success of finding hydrocarbons in a well located on Darwin West was assessed to be 0.81.

-- Subsequent Company economic modelling of a combined Darwin East and West straightforward FPSO development indicated a breakeven oil price in the mid-thirties dollars per barrel.

[gus 3000] 12/9/2018 08:14

Somebody is hitting the bid with small AT stingers daily,MM's it is SO OBVIOUS what you are doing..............................

Carry on chaps

[gus 3000] 11/9/2018 18:43

Hi Scored,price is being worked down before the next RNS.I am honestly not bothered with the day to day stuff,this stock is worth 50p with no farmin so i will just carry on adding and adding and adding.

[scoredagain] 11/9/2018 17:03

Hi gus she hit the 3.5 as i said lets hope we get a bounce should have report in 2or 3 weeks .Lets hope it is juicy tempted to add a tiny amount tmw if i get my price

[scoredagain] 07/9/2018 13:38

They play the book all the time , What will it be today etc up or down . Cant lose hope she dose not breach 3.5p gus . Is this the only oil share you do gus .Any way have a great weekend speak next week

[gus 3000] 07/9/2018 09:22

you have got to be joking , a 900 odd coded sale followed by a small 13000 AT trade to hit the bid.

Book being worked boys and girls

[gus 3000] 06/9/2018 19:42

Scored,the only way to stop the book being controlled is VOLUME and only news can create this,otherwise the stock just drifts which is what it does now.Then we see some plump sells,others get scared and sell also.

Just a game mate,the ones that win hold and hold long term.

I will buy more on the way down,nothing has changed.

Farmout will bag this x20 easily,wait for the day.

Board wont raise,they have loads of dough for a few years yet.They wouldn't dare at this low price

[gus 3000] 06/9/2018 19:04

BOR has half a billion barrels with a very possible oil rim.We only need one appraisal and one side track.

The issue is the falklands and i think thats the only reason.We need a partner with no real exposure in South America.

I am sticking,this is my retirement pot for later

[scoredagain] 06/9/2018 07:38

Hi gus that is what i was saying yesterday on the other board , it stinks , hurricane oil is over a 1.1 billion mkt capt what are we and we can flow at 91000 a day i wont go on but we will have a great pay day one day . One of my friends who is connected said years ago bor has over a billion barrels and will be 6 pound plus one day . Thats why i been in bor for years trading it and holding it has done me well . Hope your fine

[gus 3000] 05/9/2018 19:45

OUT OF ORDER!

Trades registering on the market,subsequently reversed at end of day.

MM'S you are a smelly bunch,stick a 1 share AT trade to up the price,bogus trades lower than bid subsequently cancelled.Allow a small amount to flow in the middle,stinks!!!

BOR is low volume and high risk,the book is controlled by frustrated mm's earning no dough.

We have half a billion barrels

Market cap of 18 million

I am here for the very long term,you can have mine for £2.50 each(and thats a bargain)

[gus 3000] 05/9/2018 19:10

Large sells were cancelled,as was one buy.One share by (AT TRADE),the whole day has stunk,someone is trying to get this down in a big way.

Are we going to bounce(bought another 150k today so bloody well hope soon)

[gus 3000] 31/8/2018 19:27

Lovely and another 200k bought today.

Back to 4p next week.com

[gunsofmarscapone] 31/8/2018 12:27

That is correct Rob

[gus 3000] 30/8/2018 19:25

I very very much doubt it with oil at 80 usd.If it does i will buy more,i bought 200k today.

Get the farm in and we will rerate in a rather explosive manner.BOR my favourite share,its not a trading share but a holding one.

Traders today dumped due to technicals,all major holders are holding.

[18robert] 30/8/2018 10:55

Back to 2p....

[gus 3000] 22/8/2018 20:38

Scored,they are fishing at the depths again but 4p is holding.Next week i am expecting a big bounce here,if we cross 6 we will get to 10p.

There is a big buyer here

[gus 3000] 18/8/2018 09:36

Bought a million shares yesterday,back to my normal holding after trading a few.

Glad i did as i got a nice dollop of free stock as my profit.


Will buy more if it dips into the 3's again as the current price is an absolutely INSANE CHEAP PRICE.

[scoredagain] 11/7/2018 10:03

Well in the black sea at present depths are 2200 mts in the 1-21 han asparuh block and we have a major who wants to buy in eastern europe for a lot of money . There cost will be well over a 1.2 billion to explore . So yes they do drill in deep water

[markymar] 11/7/2018 08:47

What's simple Gus?Getting the oil out or drilling?

[gus 3000] 11/7/2018 08:05

Mark-oh you are so wrong.

They are drilling in far more remote places and if you look at the development plan-its very very simple.