Baron Oil Share Discussion Threads

[jwilkes1] 27/9/2021 09:50

One that some of you would do very well to monitor is JKX because of whats happening in its end market. Produces natural gas which is the hottest commodity about, all over the news and prices are ballooning. For context , last qtr (April to June)the average gas price for JKX was around 8,000uah, it’s now just below 29,000uah ! They had already $36m net cash and increased cash balances and inventory by around $10m last quarter so with gas prices almost 260% the net cash balances now are mouthwatering. They have no debt and current market cap is a paltry £75m! Production is around 9,000boepd. It’s Really starting to re-rate anyway as trading on ev/ebitda below 0.7x and at spot prices ig on a PE ratio of around 1x! At these kind of daft multiples it’ll double again from here very quickly

[fenseal3] 15/9/2021 17:55

I think it's been a good day, bid dropped to 0.75 then bounced back to 0.8p...also a nice 18m buy @ 0,825 on the bell, another time those gains would have been gone, I think there is something going on as the pattern of trading has changed, what I have no idea, and I don't do rummors

[1_dma] 15/9/2021 13:57

Looking like we about to move down again :-(

[benny shares] 15/9/2021 09:05

Go to the Baron Oil board on the London South East website, there's a wealth of information on there

[benny shares] 15/9/2021 09:04

Go to the Baron Oil board on the London South East website, there's a wealth of information on there

[oil piper] 14/9/2021 15:05

benny shares Can you give a low down on what Boil have in play and what potential newsflow to expect in the next few months here.Many thanks dude

[farrero] 14/9/2021 11:41

Another pump & dump in progress ?? seems to happen every few weeks

[benny shares] 13/9/2021 22:02

I remember having a conversation with someone on the GKP board when the share price was less than 4p, they were happy to sell out at 6p, not soon after the company released a golden ticket and the share price rallied past £4, the future didn't bode well nevertheless history was made, if you look back, then you'll know it was more than a 100 bagger

[dunderheed] 13/9/2021 21:08

Blimey, reserved for pram wossisname.

[oildon11] 13/9/2021 20:59

Benny absolute BS what a beggy post.800million mkt cap...pure stupidity.What is realistic is we have a licence that may become under demand in the right circumstances .we will likely get taken out for something in the 80-90 mill region giving us a 9-10 Bag from here.It will happen over night it will be done and dusted before any of us have a clue. Fantastic return on todays value. Yes we are talking substantial amounts of value in gas but to Boil its worthless without someone who could invest all the funds to develop.I will just check on mine every now and again and wait for the day as mentioned above

[benny shares] 13/9/2021 20:31

If Shell wants Chuditch back, which they discovered in 1998 and gave the gas-rich basin a 100% success rate, then Baron's share price will increase significantly, this is only the beginning, there's a lot of drilling activity in Timor-Leste, one of the super major's is also present, ConocoPhillips, the talk of the town is that they may take an interest which would create a bidding war.There's speculation that the share price could be a 50 to 100 bagger,a huge prospect in which I firmly believe, a once in a lifetime opportunity

[smcl] 13/9/2021 19:26

What’s the rumour?

[corby 04] 13/9/2021 16:17

200m+ trades today :-))))

[allesandro] 13/9/2021 11:26

Its just a rumour Harry but does seem interesting timing ??

[corby 04] 13/9/2021 11:20

jaforsadi what makes you say that pal ??

[jaforsadi] 13/9/2021 10:49

Think this is being pumped for another placing raise

[harry tp] 13/9/2021 10:12

Interesting rumour guys :-))) big increase in buying today

[allesandro] 13/9/2021 09:55

It would be a very exciting development for sure :-) and the timing would suggest that one of the big deals Baron are working on could happen.If so this will be multiples higher in quick time IMO

[corby 04] 13/9/2021 09:38

If that is true standby for fireworks mate - follow the money is the game of aim ! Allesandro 13 Sep '21 - 09:26 - 11988 of 11988 Corby What do you make of that rumour that the 4th richest family in the Netherlands are building a sizable stake in Baron ? they have made a fair whack on previous oil & gas investments so if true im paying attention !

[allesandro] 13/9/2021 09:26

Corby What do you make of that rumour posted elsewhere that the 4th richest family in the Netherlands are building a sizable stake in Baron ? they have made a fair whack on previous oil & gas investments so if true im paying attention !

[corby 04] 13/9/2021 09:05

Yes allesandro does appear someone adding large chunks...overhang will be going today and could make a swift move up imvho

[allesandro] 13/9/2021 08:56

Looking like we about to breakout here,have to pay well over ask for volume buys now.

[allesandro] 13/9/2021 08:41

Corby There is a big RNS pending here so dont be suprised to see this get abit perky beforehand - has the chance of some genuine massive returns this one :-)

[corby 04] 13/9/2021 08:33

Overhang now clearing by look of it - was just quoted 0.0819p for 35m shares so something cooking here IMVHO