Borders & Southern Petro... Share Discussion Threads

[brazilnut1] 06/10/2022 18:22

Ye me too. Greed monster comes to visit and before you know it you have a very sore bottom.

[brazilnut1] 04/10/2022 15:20

Hey adj, you have a crystal ball ? You bought and it tanked 11.34%. Not a penny more from me no matter what. Im sick of them scroungers getting a well paid free ride for doing fk all.

[whoppy] 04/10/2022 15:13

I've been a holder since the Darwin discovery. Know all about the history. To be in talks with multiple partners is a real turnaround. The last time they had interest, commercial discussions were being agreed. All the oil companies know what Borders has. They wouldn't be bothering with talks unless they wanted to do a deal. Past years of no interest tells us the oil companies now want to discuss a deal.

[brazilnut1] 04/10/2022 15:07

It's been sinking for 10 years Whoppsy but hasnt quite sunk in. This must be the worst performing bod in the FI and that takes a bit of doing. Never really say anything of interest but only "different partners" & other meaningless stuff to SH's. Very poor. How long you been a holder Whoppsy ? Suspect not too long otherwise the enthusiasm would have been kicked out of you by now.

[whoppy] 04/10/2022 14:06

Oil pushing back up to $100, looking good.

[whoppy] 04/10/2022 13:59

Huge money to be made for anyone doing a deal and they know it. Just let that sink in.

[whoppy] 04/10/2022 13:20

Partner's plural, so talking with more than one. Not dependent on just one negotiation. Different partners have different strategies and needs to suit their business. Either way, Darwin no longer being ignored. Huge money to be made for anyone doing a deal and they know it.

[brazilnut1] 04/10/2022 12:57

Ye but most likely 2025 when the talks break down due to the greed of the bore bod.

[whoppy] 04/10/2022 12:42

Talking to partners.. the result of those talks could be anytime.

[whoppy] 04/10/2022 12:23

Lol, I hate random numbers. What's L2 looking like? share price has dropped but wondered what the bid/offer looked like.

[adg] 04/10/2022 12:12

I must be having some kind of mental episode - I’ve just bought 42,858 to make my holding a round number (hate random non-uniform numbers)
Watch them tank now

[adg] 03/10/2022 13:26

I think we will all be surprised later this year
(And I am “jaded / capitulated / on the fence here - neither bull nor bear)

[whoppy] 01/10/2022 12:44

What are you talking about?? There's a huge oil and gas crunch coming. Oil will be back over $100 a barrel in the next 3 months, probably higher. OPEC cutting production, US SPR at an all time low that needs replacing (even BOR has more oil than the US SPR) winter on the way, Europe will run out of gas, and no large new oil finds coming onto production any time soon. China coming out of zero Covid, current global supply is at maximum due to under investment over the years. Oil companies now awash with cash they don't know what to do with, other than buy back their own shares. Any viable oil projects that will return a profit will be of interest, like Darwin. That's not my view, it's the industry.

[taxibabe] 01/10/2022 06:06

Another rights issue looms before the end of the year. Its a case of how much appetite there is for it at 3 x 4 times the previous price of issuance given that nothing much has happened. RKH legal settlement, which hasnt been paid yet, and will end up in NAVITAS clutches if their deal progresses, isnt relevant to BOR, and the price of POO has now dropped back. Hmm

[markymar] 30/9/2022 23:15

Sorry but you are very wrongIt's to deep no infrastructure it's going to take years till it opens up so lazy directors will carry on with carrot on the stick as they have past 11 years

[whoppy] 30/9/2022 19:34

That carrot on the stick is dangling in front of oil companies. One of them will take a bite, if not more. I know Tourmaline Oil Corp are interested.

[whoppy] 30/9/2022 14:38

So let's just take a moment to look at recent developments in the Falklands. Rockhopper have a partner Navitas on a 30/65% split on the basis of an oil field discovery of 500m barrels.

Borders have today announced they have experienced an increase in interest in their Darwin discovery, which has 462m barrels recoverable oil/condensate, and are in talks with potential partners. So on the basis of Rockhopper's discovery, what is likely to happen next?

[markymar] 30/9/2022 10:25

They have enough money to keep company running about a year and halfWhen will investors wake up and realise the lazy directors are over paid doing nothing but taking a very healthy wage while topping up there very healthy pensionsIt's a shell company with nothing going any where till RKH start bringing oil out the ground and area opens up.5 years away at leastHuge sell

[mr macgregor] 30/9/2022 09:45

Mr MacGregor - 21 Nov 2013 - 09:31:40 - 18271 of 28235
Bet they thought they were clever keeping everything to themselves. Don't look too clever now.

Report text has been a copy and paste job ever since I wrote that 9 years ago lol. The scummy directors will soon make it to retirement.

[brazilnut1] 26/9/2022 17:15

Big fall in the bid for unknown reason. Make that 20 years.

[brazilnut1] 23/9/2022 15:16

Nothing happening here. Go back to sleep for another 10 years, wake up and guess what ? Nothing happened yet.