Baron Oil Share Discussion Threads

[ileeman] 27/3/2018 12:36

Why the volume? Colter connected?

[bckttsim] 27/3/2018 12:29

Looking even better !

[bckttsim] 27/3/2018 12:14

This is looking extremely good

[bckttsim] 27/3/2018 12:08

And another 1 mil buy on NEXBeing hidden, mm's know what will happen !

[bckttsim] 27/3/2018 12:07

1 mil buy on NEX PLENTY LEFT IN THE TANK

[pembury] 27/3/2018 11:59

plenty of news due take your pick!

[bckttsim] 27/3/2018 11:56

NEX not LEX !!

[bckttsim] 27/3/2018 11:56

Still at 0.49 on LEX !!

[bckttsim] 27/3/2018 11:47

Big news about to break ??

[bckttsim] 27/3/2018 11:47

A lot of buys here and on NEX market

[2admiral] 27/3/2018 11:04

Been some big buys at 0.4p last few days.

[joetricky] 20/3/2018 14:57

Surprised there hasn't been upward movement here. If MB is landing in Peru this week he's not doing an office visit.

[pembury] 20/3/2018 09:08

mm's killed aim. 0.3-0.4 buying just under 0.4p full offer! sort it out

[petecb1] 16/3/2018 07:58

A director buy right now would cement the suspicion no news is coming out any time soon. I don't really care if they buy any, I wouldn't if I was them.

[tommo41] 16/3/2018 07:54

Because it will show their shareholders that they have a bit more confidence in the company's future than is currently assumed. This will in turn encourage new investors to have a closer look at BOIL and the share price should react more positively.

At the moment this is still very high risk despite the future looking more positive than it did a few weeks ago. A director purchase on the open market would certainly make me believe that our management regard the future as not quite so high risk.

Options are risk-free. If the company progresses positively and the share price rises then the holders of options win. If the company flounders and the options are never exercised then the holders of those options lose no money. But shareholders would kiss goodbye to all their "hard-earned".

A director purchase now, even a token amount, would improve sentiment dramatically.

[alasdair100new] 15/3/2018 20:47

Why would they buy when they have options and most likely will grab themselves more options?If they find oil and come good then no one will care about the options as we will all be winning together

[nlmbidc] 15/3/2018 19:22

Relax tommo41.

There are 3 chances of success and all of them good or excellent.

[droftarts] 15/3/2018 09:08

This will eventually come good. I've waited too long for it not to!

[pembury] 15/3/2018 08:34

buyers flooding in after the presentation lol
director buys wouldn't go a miss!

Colter drill Q2/3

[nlmbidc] 14/3/2018 10:17

More excellent than ever before because this time they are all being drilled.

[phoebusav] 14/3/2018 10:05

Yes, it does look like El Barco-3X could be the first drill. That's excellent news. It's a shame they only provided the gas case figures of 20 BCF or 4.17 MMBOE. In the 2016-11-30 RNS based on gas in the upper interval and oil in the lower interval the P50 figure for the well is 8.2 MMBOE. Either way BOIL has a tiny market cap, lots of cash and is fully funded for 3 wells in 2018 targeting somewhere between 14.0 and 16.0 MMBOE net recoverable. That's an excellent position to be in.

[phoebusav] 14/3/2018 09:50

Rather than just change a couple of paragraphs on the front page, I suggest they bin the current site entirely and build a new one from scratch. The current one does nothing for the company except put investors off IMO. It would be simple and cheap to implement as it is esentially just text and pictures with little if any custom coding. A few quid spent on a professional and informative website would improve BOIL's image no end and help attract new investors at this key point in the company's turnaround.

[nlmbidc] 14/3/2018 09:43

Looks like the XX1 block could be drilled first.

Mid 2018.