Baron Oil Share Discussion Threads

[shokty] 16/5/2018 12:36

APOlogies being a bit flippant - you are right let’s see how it pans out ...hoping just a small reduction

[petecb1] 16/5/2018 12:35

You don't think selling 15% of the company would suppress the share price?

[shokty] 16/5/2018 12:31

Yeah definitely been suppressed with a close to 50% rise over last week odd :)

[petecb1] 16/5/2018 12:25

Parvati selling up. At least now we know who the big seller has been. If she's selling everything could be suppressed for a while yet

[shokty] 16/5/2018 11:08

Filled the gap from open - be blue shortly again ...even for small amount quoting more now to get some

[chinadog3] 16/5/2018 09:01

Tree shake?

[pembury] 16/5/2018 08:49

Going to be a very busy period for BOIL at last!

[chinadog3] 16/5/2018 07:34

Another announcement. Another box ticked.


Upwards and onwards and another blue day in store methinks

[chinadog3] 16/5/2018 07:34

Another announcement. Another box ticked.


Upwards and onwards and another blue day in store methinks

[pazzuzu] 15/5/2018 20:29

I think it would be foolish to fund raise now just to take all the momentum that has just got going, when they can bide their time (as they are fully funded as you well know) and raise money later down the line at a price multiples of this. That's my view anyway.

[pazzuzu] 15/5/2018 20:19

Ps. Not a fibre of my being thinks that will happen, just to be clear.

[pazzuzu] 15/5/2018 20:06

OK tommo, you have said it now, duly noted. We will see won't we.

[shokty] 15/5/2018 19:55

even after they have paid for wick and colter they still have a fair chunk of cash left - Peru expecting farmout that will cover the cost of the drill ..really don’t see a placing coming at all at present ...I have been around a long time on AIM too and am watching this closely ..I see this currently rerating to a more sensible valuation with some folks locking in profits from earlier entries and new money coming in as the future brightens ..anyway each to their own views..

[tommo41] 15/5/2018 19:22

Well, this "stale bull" still thinks there is a placing coming. Where do people think the shares are coming from to feed "all that buying"? I reckon they're coming from those who know they'll be able to replace whatever they're currently off-loading with similar amounts at a significantly lower placing price in the near future.

I know I'm going to be shot down (yet again) but I've been around the AIM market long enough to read the signs. I don't buy the argument that we have enough funds already. We may have enough to meet current plans but there isn't going to be much left over. And what if a Sundagas deal does miraculously emerge, as some on here seem to think will still happen? What are they going to pay for that with? I strongly suspect that our "sole" broker is currently working away at something along those lines.

This is the first time for many, many moons where BOIL sits in a more favourable light, with more seemingly going for it than it has had for a very long time. Believe me, the people who run this company are not going to pass over this chance to get a bit more in the coffers and that is when you'll probably witness Mr Butler and the new bloke filling their boots. A few weeks ago I would have guessed 0.25p to 0.3p as the placing price. I'm now adjusting my "guesstimate" to somewhere between 0.3p to 0.4p.....certainly no higher. If a placing occurs then don't rule out an accompanying share consolidation to make the number in issue appear more "respectable" which, from past experience, usually means a double kick in the goolies to long-suffering shareholders. Sometimes short-term pain; at other times something much longer lasting.

And just to make things clear, I hope I'm wrong. I'd like to at least get back my original investment. That is going to take some achieving already. A placing/consolidation at these levels will put it almost out of reach.

[redhill] 15/5/2018 16:38

Plenty of stale bulls.

[pembury] 15/5/2018 16:29

agree, any other stock would be pushing 1p with all that buying!
still stuck at a rubbish 0.5p

[pazzuzu] 15/5/2018 16:20

Always the same my friend, I'll take 0.54 though, plenty more to come. Choo choo IMHO

[chinadog3] 15/5/2018 16:12

Good news but disappointing that dear old BOIL never stays (close of day) at its high point for the day!

[shokty] 15/5/2018 11:15

Think I’ll treat myself to some more or these 😀

[petecb1] 15/5/2018 09:32

Currently being offered 0.53 for 3m.. something going on behind the scenes

[pembury] 15/5/2018 08:32

that's two drills and there are others due fully funded.

[shokty] 15/5/2018 08:19

Great news - it’s all go ..

[pazzuzu] 15/5/2018 07:50

RNS, nice bit ofnews for a Tuesday. A cheeky little bit of derisking.

[shokty] 11/5/2018 15:44

nimbidic - thank you for the welcome - excited about this one - hope you get back to your average

[nlmbidc] 11/5/2018 14:17

Nice to see some new people on this board seeing the prospects for what they are.

There are many posters (me included) that are sitting on losses.

However, the prospect of drilling 3 wells this year and a possible entry into SE Asia are compelling.

Good luck all holders old and new.