Baron Oil Share Discussion Threads

[nlmbidc] 07/2/2017 08:12

The share price is down today because there was more sells than buys. This caught the auto trading out and resulted in two price monitoring extension RNS's.

[pembury] 07/2/2017 08:01

yep usual manipulated sh1te. down -16% and back to 0.35p without 1 share being traded yet today

[tommo41] 07/2/2017 07:42

I assume the 5p soooooooon! is tounge-in-cheek, as this company's share price will never reach that level again. I wouldn't even describe the RNS as "excellent". It was a bit of good news which we long-suffering shareholders in this pile of rubbish have deserved for a long time.

Problem is that we're now unlikely to see another RNS like yesterday's one for many weeks/months, during which time the share price will have fallen back again to the levels of last week. The only thing to keep yesterday's momentum alive and justify the salaries that this management have been regularly drawing while their shareholders have seen their investments decimated, is for these people to display a bit of confidence in the continuing future of this company and buy some meaningful amounts of stock on the open market.

[redhill] 06/2/2017 18:58

excellent RNS 5p sooooooon !

[valentine] 06/2/2017 17:15

I need a 15 x increase to get out approx even. I'll take ten.. oh dear how many times have I heard it? Sell the stuff into Piura city is the plan and move to Mexico
. Uh that deal died with Rudolph.. come on.. so close, now, to having to sell this lot for buttons
.

[pembury] 06/2/2017 16:30

apfindley. Those figures are for three leads, the first well location over one million acres offshore

The independent CPR for the block confirms a P50 of over 2bn barrels

I believe there are 14-15 main leads post 3D seimsic results


Looks like you owe reggie an apology!

[joetricky] 06/2/2017 16:26

There it is. 2mil delayed sell. That explains the false price.

[joetricky] 06/2/2017 15:49

Not as big as the whoppers the MM'S are dishing out. They're showing mid price of 47 yet I can buy 1mil for 45 and sell for 36 !!!!

[apfindley] 06/2/2017 15:41

A lot of lies being posted about the prospects here. Someone even trying to say 2.2bn over on Lse as he tries to compare it to bahamas petroleum.The "unrisked" "best" estimate is however much lower....so if you want an idea of the "risked" "mean" figures then reduce the figures below by 50%.Still good, but not exactly the 2.2bn "mean" which the moron called "reggie72" is trying to lie about over on the lse bahamas board.."offshore, deep-water Block Z-34, estimates of Gross Unrisked Best Estimate (P50) Prospective Resources for the three Prospects that have been remapped are:CUY: 413 Million Barrels of Oil Recoverable CUY SUR: 200 Million Barrels of Oil Recoverable DAPHNE: 272 Million Barrels of Oil Recoverable

[oildon11] 06/2/2017 15:27

Can we finish top of the leaderboard today??

[joetricky] 06/2/2017 14:31

This is good news. It's a step closer and like the RNS says the cost of drilling ships at this time is as good as it gets. Brent has been in the mid 50's since Xmas so hopefully found a new Base price with a rise from there. It makes sense to drill at cheap prices, find a massive carbon source and sit and wait for the oil price to rise. If we are thinking it then the real shakers and movers are thinking about it too.

[pembury] 06/2/2017 14:15

Major next steps hopefully soon

Cash in and Union farmout asap

It's all about momentum so please don't let this die down again!!!!

Big step securing a well position today (out of 90 locations)

[az209] 06/2/2017 14:10

For how long though ?

[oildon11] 06/2/2017 13:44

Anyone getting in at these levels on that news should be very pleased with themselves!

[oildon11] 06/2/2017 13:43

Great news the sleeping gaint in our hand has just had his feathers ruffled !

[nlmbidc] 06/2/2017 12:30

The $2 million is subject to 30% tax. It cannot be written off against anything else unfortunately.

[simon8] 06/2/2017 11:58

I wonder how they define "shortly" in terms of getting the final signature to the page.... we have heard this many times and three years on we are still awaiting finalisation and our $2m.

Question - surely under the SPA the $2M would have attracted interest (basic provision - or was Boil too naïve to include?) and they say receipt subject to tax - yes, but surely they have bags of costs they can set against even on a ring-fenced basis..... so despite being liable to tax it should be fully covered by past cost allocation?

[pembury] 06/2/2017 10:55

A bit of progress, however still waiting for the $2m and UOG farmout.
Perhaps with a drill location now secured a farmout will now be achievable to help attract partners with the main target being accepted by Perupetro?.

Need the above to happen very soon.

[petecb1] 06/2/2017 08:26

They're listening to you pembury!

[pembury] 06/2/2017 07:50

A mile too late now but given the non event of the last year the bod could have been put on part time or significantly reduced pay, while the never ending waiting game on governments continues. One year on full pay for what?. Very nice for them
Let's hope there is some actual news soon to justify these very nice rewards.

Most jobs you don't last beyond a few months if you don't deliver!

No doubt the directors will be looking to fill their boots at record lows shortly.

[valentine] 04/2/2017 12:20

Disgusted. I express my ire to.them but get no reply. Ergo they don't care. Bill Colvin used to seem interested under rudolph. Maybe a different order now. Rudolph used to reply and reassure. Different times. Market indicates this is last chance I think. Wish I'd dumped the lot @ 055p now. Where to now?

[pembury] 03/2/2017 08:14

it's been missing for over a year!

[simon8] 03/2/2017 08:10

Missed that RNS Pembury.... share price dying a death, I think we are slowly approaching the end for this on, useless BoD, nothing happening and money dripping out the door fast.

[pembury] 03/2/2017 07:28

excellent rns. well done the bod, looks like all their hard work has paid off finally
at least it seems now that your packages are justified