Borders & Southern Petro... Share Discussion Threads

[taxibabe1] 22/5/2024 00:46

One wonders how many declared stakes are offset by CFD's and so not real stakes at all?

[brazilnut1] 21/5/2024 00:40

Must have money to burn buying this loser.

[mesquida] 20/5/2024 08:25

Bit of buying interest this morning, presumably on the back of yesterday's article in the Mail on Sunday.

[brazilnut1] 15/5/2024 23:11

Ye waste of space all round although at least BOR has proven reserves, Argos didnt.

[taxibabe1] 15/5/2024 21:50

Even if they did bid is likely to be shares in an unquoted vehicle aka Argos

[brazilnut1] 13/5/2024 19:36

Rew8080.
So ?

[rew8080] 13/5/2024 18:01

The Falklands have just become the most valuable piece of real estate on earthRussia's discovery of vast oil reserves in the British Antarctic Territory has fired the starting gun on a mad scramble for resourcesTOM SHARPE13 May 2024 • 1:16pmTom Sharpe British Antarctic TerritoryAccording to evidence given to the Commons Environment Audit Committee (EAC) last week, Russia has discovered an oil field in Antarctica roughly ten times the size of the North Sea's entire 50 year output. Much of the field is believed to be in the Weddell sea, just to the east of the Antarctic peninsula and very much in the middle of the UK's "cheese slice" down there – the British Antarctic Territory.In Antarctica, boundaries are just "claims" rather than solidly "owned", but it is of note that Britain's claims in the region overlap with those of Chile and Argentina. It's a perfect chance for Vladimir Putin to start causing trouble – and it may have made the Falklands islands the most valuable real estate on earth.Understanding why means understanding what it's like in Antarctica. In my experience, operating down there is a mix of wonderment at the vast bleakness of it and having to be on top of your game as the weather does its best to catch you out. The trope that "you get all four seasons in a day" is not quite correct. You get three – the bad ones. Occasionally the sun comes out, presenting a fleeting opportunity for the most perfect photos, but that is invariably just a tease – freezing gales are imminent.Having said that, the location of these oil fields in the Weddell Sea is not the hardest place to work. You are protected to an extent from the oceanic swell that endlessly circles the continent by the Antarctic Peninsula, and also by the sea ice that further dampens it. But the further south you go, the thicker that ice becomes, and by the time you get to the UK base in Halley, you need to be on your ice game. The irony of working down there in HMS Endurance, named after Shackleton's ship that got stuck in thick ice and crushed in that exact sea, was not lost on us. The point is, working down there is ultimately demanding and to a large extent, the reason the non-exploitative component of the Antarctic treaty – which which works to maintain the region as a natural reserve devoted to peace and science – has been upheld. Until now.In addition to invading Ukraine, Russia is involved in any number of maritime grey zone activities around the world. Smuggling oil through the Baltic and elsewhere using the uninsured and poorly maintained "dark fleet" tankers is one. Ongoing submarine activity around the undersea cables on which the functioning of our economy depends is another. Blockading the Black Sea is another, although this has been beaten back for now. The Russian presence in western Yemen around the time the undersea cables were cut is another, as is the military installation building with China in the High North, and on, and on, and on.These activities are all designed to be hard to (legally) counter and, should you decide to counter them, produce "with what?" as a swift response. In the case of its activities in Antarctica, Russia, of course, claims to be conducting scientific research rather than prospecting for oil. As Klauss Dodds put it, "Russia's activities need to be understood as a decision to undermine the norms associated with seismic survey research, and ultimately a precursor for forthcoming resource extraction". Saying they are looking to extract resources is a world away from actually doing so, but the direction of travel is clear. The next step in the Russian grey zone playbook will surely be to involve Argentina. With their "cheese slice" of territory overlapping ours, collaboration down there is all but a given and on a diplomatic level will bear fruit more quickly than the oil itself. The ebb and flow of Argentinian rhetoric professing an interest in retaking the Falklands has been steady since 1982 although a combination of our defences there and their ageing military stops most people from taking it seriously. But were they to be emboldened by Russian diplomatic and possibly military assistance, with the added temptation of having "las malvinas" available as a forward base for the new oil in Antarctica, it's not hard to imagine them having another go.At which point, if we have to defend them, the "with what" issue comes back. The Royal Navy is at a low point, with both hull and personnel numbers creating tension at every turn. Whatever form the Defence Review takes after the election, this issue should be higher up the list than it has been in recent years. Promises of 2.5% of GDP by 2030 or whenever "conditions suit" need to be shelved for cold, hard cash now.

[brazilnut1] 11/5/2024 09:25

Company is odd. What does bod do all day for their salaries ?. Nothing yet. Can't be anything happening or else its so big it's a secret ? 10p by next Friday eh Page of Cups or ermm....Whoppsy ?

[taxibabe1] 10/5/2024 14:32

Since all this is obvious why all the stake building, ? It seems odd

[brazilnut1] 09/5/2024 21:38

Its quite incredible how this hopeless board get away with it. Taking salary without shame for 15 years and achieving nothing. In a different industry they would have been fired years ago.

[brazilnut1] 09/5/2024 09:47

I can't imagine how stupid you'd need to be to be holding those amounts as a PI. Duh... !!!!! Not selling until 50p though. This bod needs to be ousted otherwise this dog is dead, again.

[taxibabe1] 07/5/2024 08:08

Anything over 1 or 2 mill will be hard to sell in this market at present.

[taxibabe1] 30/4/2024 12:55

Tower pet looks like a better bet

[taxibabe1] 29/4/2024 11:27

Well the Mason purchase made 0 difference

[brazilnut1] 25/4/2024 19:14

Veg store ? This thing is a Vegetable all on it's own.

[taxibabe1] 23/4/2024 12:16

A phony quote for poxy amounts of stock

[slicethepie] 23/4/2024 11:50

I assume our mm is working on dads veg store today, bless

[taxibabe] 15/4/2024 14:11

There are a lot of shareholders stuck with unsalable stakes on this long shot. Its basically a lottery ticket without a draw date

[brazilnut1] 14/4/2024 22:13

Perry Mason agrees and he is a detective.